Economics Thread

thethe said:
Its fantastic - There can now be more jobs in the locals countries serving those countries with hands on jobs that pay well.

They can now stay in their own country and can safely remove the H1B1 work.
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Best move those companies can make is move those shit boxes to other countries. We don’t want those facilities here.

They are a vast eyesore and drain local resources.

Nothing about them is appealing.
 
Tapate50 said:
Best move those companies can make is move those shit boxes to other countries. We don’t want those facilities here.

They are a vast eyesore and drain local resources.

Nothing about them is appealing.
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Think they could serve as HUBs for new communities across the country which would be great personally. We are going to get many of those builds here as it makes sense to have locally sourced for all countries as a matter of national defense.
 
thethe said:
https://twitter.com/x/status/2004673609466323275

'Well we were talking about the opening tariff rates and not normal tariffs' is the new narrative.

The textbook traditions of tariffs are taxes and bad for economic growth will be in the dumpster after what 26 is to bring.
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Yes, it turns out there is a material difference between the impact of the batshit crazy tariff rates announced at first and that of the ones that were actually implemented. It doesn’t make it good policy just because less of that policy being enacted caused less inflation?
 
mqt said:
Yes, it turns out there is a material difference between the impact of the batshit crazy tariff rates announced at first and that of the ones that were actually implemented. It doesn’t make it good policy just because less of that policy being enacted caused less inflation?
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No No No No - The theory is that tariffs are inefficient and cause all these negative consequences so regardless of level we should have seen this play out clearly in real time. Despite tariff levels coming down from some initial proclamaions (some of which were due to a trade deal side that was better for America), they are much higher than what we had before and no material negative impacts have surfaced.

Trying to hedge that you are fine with a certain level is lol worthy.
 
thethe said:
No No No No - The theory is that tariffs are inefficient and cause all these negative consequences so regardless of level we should have seen this play out clearly in real time. Despite tariff levels coming down from some initial proclamaions (some of which were due to a trade deal side that was better for America), they are much higher than what we had before and no material negative impacts have surfaced.

Trying to hedge that you are fine with a certain level is lol worthy.
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I’m not fine with it, but if someone is going to hit me in the face, I’ll take an open hand over a baseball bat.
 
mqt said:
I’m not fine with it, but if someone is going to hit me in the face, I’ll take an open hand over a baseball bat.
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Again - Its about its impact economically. The tariffs were still increased across the board and in many cases materially from previous amounts.

Americans weren't 'taxed' - Economy hasn't been stalled - There are no empty shelves - American real wages are growing - Inflation is coming down to historical levels.

Its been bumpy to this point but that was the expectation.
 
nsacpi said:
except for growth being slower than it would have been otherwise and inflation higher than what it would have been otherwise
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You mean the growth that most economists missed by 100+ bps on an annualized basis?

The same inflation that came in lighter than almost all estimates?
 
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