Economics Thread

sturg33 said:
Im just waiting for thethe to chime in with the classic "not shocked you prefer ccp slave labor to american jobs"

Anyhow... sorry to the poor and middle class. Nobody gonna get hit harder
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Man - lower costs and higher wages is killing them.
 
acesfull86 said:
This administration has no idea what it wants from this abomination of a policy.

If we're looking to onshore jobs like this loon of a Labor Secretary and our deranged POTUS both want, then we can't use the tariffs as a negotiating tool to keep ourselves from being ripped off and keep fentanyl from crossing the border (because we'd be lifting/lowering the tariffs), and we can't generate tariff revenue to make us rich (because we'd be lifting/lowering the tariffs).

If we're looking to raise revenue because our country was supposedly at it's richest in the 1890's, also per our deranged POTUS, and we can somehow fund our insanely large government via tariff revenue, then we can't use the tariffs as a negotiating tool to keep ourselves from being ripped off and keep fentanyl from crossing the border (because lifting/lowering the tariffs would reduce tariff revenue) and we can't use the tariffs to onshore jobs (because the substitution of imports for domestic production would mean sacrificing the tariff revenue needed to run the government).

If we're looking to use the tariffs as a negotiating chip to make sure the world no longer rips us off and allows fentanyl to cross our borders, also per our deranged POTUS, that means we intend to lift/lower the tariffs. Which means there's no tariff revenue to fund our government and enrich us beyond our wildest dreams, and the tariffs are no longer in place to protect American producers and onshore jobs.

This entire "experiment" is incoherent and contradicts itself at every turn. With the added bonus of kneecapping your 401k, destroying long-standing relationships with allies, raising economic uncertainty to never before seen levels, and yes thethe - raising costs on Americans.
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Hahahaha - what a brilliant post that almost none of it came true. Amazing
 
While I believe that Trump will be correct again let's not spike the football so early in the game.

Thethe, you're doing the same thing the libertarian think tank here does.

Let's wait and see how all of this plays out.
 
acesfull86 said:
I really hope what comes out of all this is we can once and for all finally banish tariffs to the dustbin where they belong.
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About that - they aren’t going anywhere since we are on the cusp of an economic boom.

Looks like we will get a longer timeframe to evaluate than a few days
 
Garmel said:
While I believe that Trump will be correct again let's not spike the football so early in the game.

Thethe, you're doing the same thing the libertarian think tank here does.

Let's wait and see how all of this plays out.
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All I’m doing is evaluating the results of people’s short term prognostications on the plan. That we can judge who was right and wrong and those crying about higher prices and fucked markets look stupid.
 
acesfull86 said:
I see thethe’s Christmas present to himself is to create an alternate reality. Every contradiction in that post is still present and unresolved.
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Your believed contradictions becusss you never thought a plan was in place.

But all your predictions fell flat as most health care experts predictions become. Oh well.
 
Garmel said:
While I believe that Trump will be correct again let's not spike the football so early in the game.

Thethe, you're doing the same thing the libertarian think tank here does.

Let's wait and see how all of this plays out.
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You’re talking to someone who thinks 2019 results from a 2017-18 policy were invalidated because of 2020. He’s an intellectually dishonest charlatan.
 
acesfull86 said:
You’re talking to someone who thinks 2019 results from a 2017-18 policy were invalidated because of 2020. He’s an intellectually dishonest charlatan.
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Oh the biological weapon release didn’t impact the course of the economy. This is actually worse than your stupid tariff positions
 
Going to get real quiet in here soon.

Nobody wants to talk about reduced prices in totality for consumers or their higher wages. Nobody wants to talk about roaring markets because they see the future and how great it’s going to be. Next year nobody will talk economics.
 
Whats better is the resident health care experts here are going to pretend they didn't forecast doom and gloom to occur by this time.

Just pretend they never said these things but the economy still sucks.
 
thethe said:
Yeah man - Covid did nothing to the trajectory of where the economy was in q4 19. This is seemingly your position.
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My position is the evidence in 2019 on Trump’s 2018 tariffs were clearly and unambiguously negative. Consumer prices went up, manufacturing didn’t come back, and there was drag on growth. What happened in 2020 has NOTHING TO DO with those results in 2019. Just like Patrick Mahomes tearing his knee in December 2025 has nothing to do with his team losing the Super Bowl in February 2025. Why this needed to be said once, much less over and over and over again is just staggering.
 
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