“The problem is what he’s proposing is so far outside historic experience there’s not even a decent set of estimates about it,” said Michael Strain, an economist at the American Enterprise Institute, a center-right think tank. “I saw some clip where Trump was attacking Biden about inflation, and it’s like, ‘You’re going to massively restrict the supply of workers and do a 10 percent across the board tariff?’ On the economics, that’s completely insane.”
2
“The problem is what he’s proposing is so far outside historic experience there’s not even a decent set of estimates about it,” said Michael Strain, an economist at the American Enterprise Institute, a center-right think tank. “I saw some clip where Trump was attacking Biden about inflation, and it’s like, ‘You’re going to massively restrict the supply of workers and do a 10 percent across the board tariff?’ On the economics, that’s completely insane.”
Siena college survey of presidential experts rank Trump 41 and Biden 14 in economic management among 46 presidents in history.
Makes sense, particularly when we understand that President Biden's hand in the first year of his admin (like Obama's 12 years earlier) was virtually FORCED by the disaster he inherited from the mismanagement of the regime before him. Biden did not inherit a calm and generally acceptable situation like trump was handed by the Democrats. Nope! Biden inherited effing CHAOS!!!
Adding to that, an effing FASCIST TYRANT in Russia decides to invade Ukraine, sending the world into more chaos while still recovering from the effects of a global pandemic.
Thankfully we are able to cover the costs of our aid to Ukraine (an effort to prevent WW3) with the massive funds we are saving (est $300 million per day cost in middle east) after President Biden - in just 8 months - got us out of the expensive war the republicans plunged us into 20 long years ago!
2
Quote Originally Posted by thirdperson:
Siena college survey of presidential experts rank Trump 41 and Biden 14 in economic management among 46 presidents in history.
Makes sense, particularly when we understand that President Biden's hand in the first year of his admin (like Obama's 12 years earlier) was virtually FORCED by the disaster he inherited from the mismanagement of the regime before him. Biden did not inherit a calm and generally acceptable situation like trump was handed by the Democrats. Nope! Biden inherited effing CHAOS!!!
Adding to that, an effing FASCIST TYRANT in Russia decides to invade Ukraine, sending the world into more chaos while still recovering from the effects of a global pandemic.
Thankfully we are able to cover the costs of our aid to Ukraine (an effort to prevent WW3) with the massive funds we are saving (est $300 million per day cost in middle east) after President Biden - in just 8 months - got us out of the expensive war the republicans plunged us into 20 long years ago!
Read this article with mostly Republican economists. https://www.washingtonpost.com/business/2024/01/07/trump-economy-inflation-biden-campaign/ A second Trump term would most certainly hike up inflation, just like his first term did. A 10% tariff for everything = inflation Restricting the supply of workers = inflation Ordering the Fed to cut rates = inflation
Read this article with mostly Republican economists. https://www.washingtonpost.com/business/2024/01/07/trump-economy-inflation-biden-campaign/ A second Trump term would most certainly hike up inflation, just like his first term did. A 10% tariff for everything = inflation Restricting the supply of workers = inflation Ordering the Fed to cut rates = inflation
Quote Originally Posted by thirdperson: Siena college survey of presidential experts rank Trump 41 and Biden 14 in economic management among 46 presidents in history. Makes sense, particularly when we understand that President Biden's hand in the first year of his admin (like Obama's 12 years earlier) was virtually FORCED by the disaster he inherited from the mismanagement of the regime before him. Biden did not inherit a calm and generally acceptable situation like trump was handed by the Democrats. Nope! Biden inherited effing CHAOS!!! Adding to that, an effing FASCIST TYRANT in Russia decides to invade Ukraine, sending the world into more chaos while still recovering from the effects of a global pandemic. Thankfully we are able to cover the costs of our aid to Ukraine (an effort to prevent WW3) with the massive funds we are saving (est $300 million per day cost in middle east) after President Biden - in just 8 months - got us out of the expensive war the republicans plunged us into 20 long years ago!
absolutely ! biden
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
2
Quote Originally Posted by fubah2:
Quote Originally Posted by thirdperson: Siena college survey of presidential experts rank Trump 41 and Biden 14 in economic management among 46 presidents in history. Makes sense, particularly when we understand that President Biden's hand in the first year of his admin (like Obama's 12 years earlier) was virtually FORCED by the disaster he inherited from the mismanagement of the regime before him. Biden did not inherit a calm and generally acceptable situation like trump was handed by the Democrats. Nope! Biden inherited effing CHAOS!!! Adding to that, an effing FASCIST TYRANT in Russia decides to invade Ukraine, sending the world into more chaos while still recovering from the effects of a global pandemic. Thankfully we are able to cover the costs of our aid to Ukraine (an effort to prevent WW3) with the massive funds we are saving (est $300 million per day cost in middle east) after President Biden - in just 8 months - got us out of the expensive war the republicans plunged us into 20 long years ago!
Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.”
[notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator]
It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!
3
Followup to point by Sidehatch...
Trump’s Protectionism Would Spike Prices!!
NATIONAL REVIEW -
Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.”
[notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator]
It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!
Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!
continued ...
Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!
2
Quote Originally Posted by fubah2:
Followup to point by Sidehatch...
Trump’s Protectionism Would Spike Prices!!
NATIONAL REVIEW -
Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!
continued ...
Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!
Quote Originally Posted by fubah2: Followup to point by Sidehatch...
Trump’s Protectionism Would Spike Prices!!
NATIONAL REVIEW - Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!continued ... Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!
Trump has also pledged to begin the largest deportation operation in U.S. history if elected in November. An abrupt, intrusive, hurried, and massive effort to deport millions would have a significant impact on businesses, leaving many with jobs unfilled and unable to find workers. These labor shortages would surely put upward pressure on wages, leading consumers to face price spikes. For example, the price of groceries would suddenly spike.
0
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Followup to point by Sidehatch...
Trump’s Protectionism Would Spike Prices!!
NATIONAL REVIEW - Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!continued ... Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!
Trump has also pledged to begin the largest deportation operation in U.S. history if elected in November. An abrupt, intrusive, hurried, and massive effort to deport millions would have a significant impact on businesses, leaving many with jobs unfilled and unable to find workers. These labor shortages would surely put upward pressure on wages, leading consumers to face price spikes. For example, the price of groceries would suddenly spike.
Wallstreetcapper - why do some individuals continue with individual subject headers with aboved mentioned I haven't started, but at your request/demand was told to have one individual thread about (you know who) Political forum - should e FAIR and BALANCED
America First
0
Quote Originally Posted by cdog8043:
Wallstreetcapper - why do some individuals continue with individual subject headers with aboved mentioned I haven't started, but at your request/demand was told to have one individual thread about (you know who) Political forum - should e FAIR and BALANCED
Quote Originally Posted by fubah2: Followup to point by Sidehatch...
Trump’s Protectionism Would Spike Prices!!
NATIONAL REVIEW - Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!continued ... Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!
cont ...
From an economic perspective, the trade and immigration policies suggested by Trump would surely impose meaningful price increases on consumers. That could spark an inflationary cycle — exactly what Trump is criticizing Biden for having created. They would be a very big deal with very noticeable economic effects.
MICHAEL R. STRAIN — Mr. Strain holds the Arthur F. Burns Chair in Political Economy at the American Enterprise Institute.
2
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Followup to point by Sidehatch...
Trump’s Protectionism Would Spike Prices!!
NATIONAL REVIEW - Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!continued ... Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!
cont ...
From an economic perspective, the trade and immigration policies suggested by Trump would surely impose meaningful price increases on consumers. That could spark an inflationary cycle — exactly what Trump is criticizing Biden for having created. They would be a very big deal with very noticeable economic effects.
MICHAEL R. STRAIN — Mr. Strain holds the Arthur F. Burns Chair in Political Economy at the American Enterprise Institute.
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Followup to point by Sidehatch... Trump’s Protectionism Would Spike Prices!! NATIONAL REVIEW - Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!continued ... Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!cont ... From an economic perspective, the trade and immigration policies suggested by Trump would surely impose meaningful price increases on consumers. That could spark an inflationary cycle — exactly what Trump is criticizing Biden for having created. They would be a very big deal with very noticeable economic effects. MICHAEL R. STRAIN — Mr. Strain holds the Arthur F. Burns Chair in Political Economy at the American Enterprise Institute.
That’s precisely my complaint - Captain Inflation (Trump) has no shame about his terrible ideas.
1
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Followup to point by Sidehatch... Trump’s Protectionism Would Spike Prices!! NATIONAL REVIEW - Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!continued ... Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!cont ... From an economic perspective, the trade and immigration policies suggested by Trump would surely impose meaningful price increases on consumers. That could spark an inflationary cycle — exactly what Trump is criticizing Biden for having created. They would be a very big deal with very noticeable economic effects. MICHAEL R. STRAIN — Mr. Strain holds the Arthur F. Burns Chair in Political Economy at the American Enterprise Institute.
That’s precisely my complaint - Captain Inflation (Trump) has no shame about his terrible ideas.
It appears that some prefer to ignore the fact that this article quotes “mostly Republican economists.”
The point of this article and my post is to illustrate how both sides of the aisle can agree that Trump’s policy ideas are absolutely terrible. Biden failed us by continuing one of the inflation-drivers, which are those tariffs.
Like paying more for stuff? Tariff away! A 10% tariff hike across the board is great for you!
Now if you’re like the rest of us and you like goods and services costing less, then you are anti-tariff.
This is not to say that all tariffs are bad, but economists on both sides of the aisle clearly agree that a 10% tariff hike across the board would be bad for most Americans.
2
It appears that some prefer to ignore the fact that this article quotes “mostly Republican economists.”
The point of this article and my post is to illustrate how both sides of the aisle can agree that Trump’s policy ideas are absolutely terrible. Biden failed us by continuing one of the inflation-drivers, which are those tariffs.
Like paying more for stuff? Tariff away! A 10% tariff hike across the board is great for you!
Now if you’re like the rest of us and you like goods and services costing less, then you are anti-tariff.
This is not to say that all tariffs are bad, but economists on both sides of the aisle clearly agree that a 10% tariff hike across the board would be bad for most Americans.
Tariff was never a real event it was just a way for Trump in that case to act tough as if he is taking action and defeating China but anyone with more brain cells than big mac patties knows it was a scam. We talked about it back then and the partisan games were pretty thick but if you look back on reality...the proof wins the debate. China has 100 work arounds to any tariff and who pays the tariff anyway? The government there funds corps much more than ours do here so any impact on their local companies is absorbed by the government and the consumer via inflation has impact.
Trump is no different than any other politician, they are all corporate lackeys all serve their funding base and their secret cash cows like Haley who is on the board of many corps and takes cash from speaking engagements, Trump is a corporate clown like them all and so is Biden and pretty much all of them.
Inflation is not just due to a tariff and we have seen real tariffs hit before and the impact is not direct, to me the cause of our existing inflation is a small lingering of supply chain and corps greeding the crap out of the consumer..holding prices knowing that the US consumer is a gluttonous pig who cannot stop consuming so corps will keep prices high until DEMAND tells them otherwise.
1
Tariff was never a real event it was just a way for Trump in that case to act tough as if he is taking action and defeating China but anyone with more brain cells than big mac patties knows it was a scam. We talked about it back then and the partisan games were pretty thick but if you look back on reality...the proof wins the debate. China has 100 work arounds to any tariff and who pays the tariff anyway? The government there funds corps much more than ours do here so any impact on their local companies is absorbed by the government and the consumer via inflation has impact.
Trump is no different than any other politician, they are all corporate lackeys all serve their funding base and their secret cash cows like Haley who is on the board of many corps and takes cash from speaking engagements, Trump is a corporate clown like them all and so is Biden and pretty much all of them.
Inflation is not just due to a tariff and we have seen real tariffs hit before and the impact is not direct, to me the cause of our existing inflation is a small lingering of supply chain and corps greeding the crap out of the consumer..holding prices knowing that the US consumer is a gluttonous pig who cannot stop consuming so corps will keep prices high until DEMAND tells them otherwise.
Trump is no different than any other politician, they are all corporate lackeys all serve their funding base and their secret cash cows like Haley who is on the board of many corps and takes cash from speaking engagements, Trump is a corporate clown like them all and so is Biden and pretty much all of them.
Preach those truths brother, preach those truths.... Haley is Hillary "lite".
Any thoughts on the situation in the Red Sea contributing to a coming rise in energy inflation?? Read some things the other day on this potential coming down the pipeline (no pun intended) next quarter (2Q). LNG and oil specifically.
America First
0
@wallstreetcappers
Trump is no different than any other politician, they are all corporate lackeys all serve their funding base and their secret cash cows like Haley who is on the board of many corps and takes cash from speaking engagements, Trump is a corporate clown like them all and so is Biden and pretty much all of them.
Preach those truths brother, preach those truths.... Haley is Hillary "lite".
Any thoughts on the situation in the Red Sea contributing to a coming rise in energy inflation?? Read some things the other day on this potential coming down the pipeline (no pun intended) next quarter (2Q). LNG and oil specifically.
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Followup to point by Sidehatch... Trump’s Protectionism Would Spike Prices!! NATIONAL REVIEW - Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!continued ... Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!cont ... From an economic perspective, the trade and immigration policies suggested by Trump would surely impose meaningful price increases on consumers. That could spark an inflationary cycle — exactly what Trump is criticizing Biden for having created. They would be a very big deal with very noticeable economic effects. MICHAEL R. STRAIN — Mr. Strain holds the Arthur F. Burns Chair in Political Economy at the American Enterprise Institute. That’s precisely my complaint - Captain Inflation (Trump) has no shame about his terrible ideas.
@Sidehatch
Precisely the reality! His tax cuts drastically reduced the countries revenue base making everything worse.
1
Quote Originally Posted by Sidehatch:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Followup to point by Sidehatch... Trump’s Protectionism Would Spike Prices!! NATIONAL REVIEW - Trump lied: “Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams.” [notwithstanding how wrong he is as Biden has little to do with our inflation up or down as very well explained in this forum multiple timesto the partisans who refuse to understand it - notably by our knowledgable moderator] It is ironic, then, that two of Trump’s signature 2024 campaign promises — a massive increase in tariffs and a massive reduction in immigration — would certainly cause prices to spike!continued ... Trump has floated creating “a ring around the U.S. economy” by imposing a blanket 10 percent tariff on all imports to the U.S. This would directly raise the prices of trillions of dollars of imports, eroding the purchasing power of consumers’ wages and incomes. It would raise the prices of intermediate goods for U.S.-based firms, which would lead to further price increases for American consumers. And it would lead to retaliatory tariffs from other nations, causing further price hikes!cont ... From an economic perspective, the trade and immigration policies suggested by Trump would surely impose meaningful price increases on consumers. That could spark an inflationary cycle — exactly what Trump is criticizing Biden for having created. They would be a very big deal with very noticeable economic effects. MICHAEL R. STRAIN — Mr. Strain holds the Arthur F. Burns Chair in Political Economy at the American Enterprise Institute. That’s precisely my complaint - Captain Inflation (Trump) has no shame about his terrible ideas.
@Sidehatch
Precisely the reality! His tax cuts drastically reduced the countries revenue base making everything worse.
Here is my take just knowing the markets and how Iran SHOULD be acting...
I do not think Iran wants to start a row with the US or Europe and their actions with regards to this Israel invasion shows that, so the action today kind of smells OPEC-y to me like it is a way to stop the drop in crude, a false flag "wag the dog" event sort of orchestrated and contrived and it comes on the heels of the Saudi move the other day to raise supply, they are taking a hit cash wise with oil down here at 70 or so. Its not an intelligent military move and I actually consider Iran to be pretty intelligent in the decisions they make.
So I say this is a hoax meant to stop the crude drop and it will be forgotten rather quickly. If Iran wanted to start a fight with the US they would for SURE take a shot at Israel, it would give them the opp to do something meaningful and of high merit for them as a country rather than this silly tanker stuff.
0
@kcblitzkrieg
Here is my take just knowing the markets and how Iran SHOULD be acting...
I do not think Iran wants to start a row with the US or Europe and their actions with regards to this Israel invasion shows that, so the action today kind of smells OPEC-y to me like it is a way to stop the drop in crude, a false flag "wag the dog" event sort of orchestrated and contrived and it comes on the heels of the Saudi move the other day to raise supply, they are taking a hit cash wise with oil down here at 70 or so. Its not an intelligent military move and I actually consider Iran to be pretty intelligent in the decisions they make.
So I say this is a hoax meant to stop the crude drop and it will be forgotten rather quickly. If Iran wanted to start a fight with the US they would for SURE take a shot at Israel, it would give them the opp to do something meaningful and of high merit for them as a country rather than this silly tanker stuff.
It appears that some prefer to ignore the fact that this article quotes “mostly Republican economists.” The point of this article and my post is to illustrate how both sides of the aisle can agree that Trump’s policy ideas are absolutely terrible.
Republican economists.
So ya we all agree those particular policies would harm Americans
1
Quote Originally Posted by Sidehatch:
It appears that some prefer to ignore the fact that this article quotes “mostly Republican economists.” The point of this article and my post is to illustrate how both sides of the aisle can agree that Trump’s policy ideas are absolutely terrible.
Republican economists.
So ya we all agree those particular policies would harm Americans
I believe to do that last part successfully he would have to first replace Powell with a MAGA loyalist
What are you talking about?? Do you not know that it was Trump that appointed JPOW in the first place ?? Ya know, the same JPOW that has been responsible for the FED's actions since 2018 ?? The 2019 bailouts, the most and largest rate hikes since the 80s ??
Oh, and this small piece of info that adds to completely destroying the statement of ignorance.... the small fact that JPOW and the FED have already come out and said rates are going to be cut in 2024, with the expectation there will be at least 3 cuts, perhaps beginning as early as March.
Fax like these though don't prevent BS being spewed though like "Trump would have to replace Powell with a MAGA loyalist in order for the FED to cut rates"
JFC do you do any research before spouting off with asinine BS statements like this. It's embarrassing, be better please.
I believe to do that last part successfully he would have to first replace Powell with a MAGA loyalist
What are you talking about?? Do you not know that it was Trump that appointed JPOW in the first place ?? Ya know, the same JPOW that has been responsible for the FED's actions since 2018 ?? The 2019 bailouts, the most and largest rate hikes since the 80s ??
Oh, and this small piece of info that adds to completely destroying the statement of ignorance.... the small fact that JPOW and the FED have already come out and said rates are going to be cut in 2024, with the expectation there will be at least 3 cuts, perhaps beginning as early as March.
Fax like these though don't prevent BS being spewed though like "Trump would have to replace Powell with a MAGA loyalist in order for the FED to cut rates"
JFC do you do any research before spouting off with asinine BS statements like this. It's embarrassing, be better please.
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