Economics Thread

chop2chip said:
Might be amnesiac but we already discussed June. I’ll repeat for your convenience.

Some inflation (which you haven’t acknowledged) but muted from tariff pauses and inventory build up (with some US firms eating tariff costs in a calculated decision to not draw ire from Trump). We will see a similar trend in July.

But since I’m wrong, we should turn up the dial so we can collect massive tariff revenue with minimal impact to Americans.
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Chop. US firms are not eating tarrifs. The countries themselves are writing monthly checks to the US treasury to cover what they owe us
 
thethe said:
Sure not you - But you were expecting a much larger impact by now.

Are you saying otherwise?
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1. Do you at least now accept the fact that tariffs are paid by US entities? Whether it's the consumer or the business, the money is coming from the United States

2. Do you understand that if the onus is on the business to eat the costs, that that disproportionately crushes small businesses?

3. Do you believe the large corporations will simply eat lower margins forever? If they do, is that a good thing for future investments and job creations?

oh way, I forgot you don't talk to me anymore lol
 
chop2chip said:
Well you are referencing conservations pre-vacation. Quite a bit has changed in 2 months, including tariff policy.

Also inflation went up in June in case you were wondering
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Trump: We're doing huge tariffs!

also Trump: Ok we are gonna exempt everything and also pause them

*nothng changes*

cult: "HA! NOTHING HAS CHANGED TRUMP WAS RIGHT AGAIN!!!!"
 
or help me understand what we got with the South Korea annoucenement? A country where we already had 100% free trade with. What is the negotiation there for?
 
thethe said:
Iran I'm sure was another panican event here. Another brilliant foreign policy decision by Trump as usual.

Trump and his stupid team royally fucked up the Epstein mess.

BBB is fantastic on the whole. One of the first massive spending cut bill in a long time that will allow us to expel the third world trash in this country.

Putin is showing that Trump and people like me were wrong in that he does not want to come to the table.

Back to tariffs now - When are we going to start seeing the large 'TAXES!' on consumers. How much of an increase would you expect to see?
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ahh, well then. moving on!
 
thethe said:
Iran I'm sure was another panican event here. Another brilliant foreign policy decision by Trump as usual.

Trump and his stupid team royally fucked up the Epstein mess.

BBB is fantastic on the whole. One of the first massive spending cut bill in a long time that will allow us to expel the third world trash in this country.

Putin is showing that Trump and people like me were wrong in that he does not want to come to the table.

Back to tariffs now - When are we going to start seeing the large 'TAXES!' on consumers. How much of an increase would you expect to see?
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Best part of today

"Russia isn't cooperating so send weapons to Ukraine!"

This idiot spent months telling me DeSantis was a MIC cuck for not taking Russia side.

Now it's just a shrug of the shoulders. And Trump is never wrong.

Lol pathetic
 
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