OT: Tariff Economics Discussion
- Thread starter scott in nashville
- Start date
Totally correct. Scott Bessent mentioned this in some Interviews that China will just eat a large portion of the tariffs.
Dpic you know how to drive a car but you don’t know how every piece of the engine works.
Same concept. Just appreciate and admire the results.
You will make thoughtful contributions to the board then post things like this. It’s okay to be a fan of Trump and his policies but also admit that positive outcomes aren’t always due to Trump.
It’s a very fair question - framed very differently and at a basic level, why have businesses raised prices at a lower rate due to Trump? Do businesses look at Trump and think “I’m lowering prices because I believe in Trump”? Or do businesses operate like businesses and charge the maximum amount of their goods and services that consumers will bear? If consumers can bear less of a price increase, then how is that a positive outcome from Trump?
What in Trump’s first 100 days would cause a nationwide deflationary effect?
Look at the graph dude. I posted it above. Inflation was on the rise after the election, which Joe pulled every lever in the book to get lower for the election. Then after the election was over inflation started creeping right back up. Then look at January 20th until now.
Don’t deny reality. Democrats tried MMT modern monetary theory and it lead to rampant inflation. Total failure.
There are a number of deflationary forces. Gas / energy prices. Less regulation. Doge. And more.
Arguing that trumps policies didn’t reduce inflation eats into your credibility quickly. It’s all in the data to see.
Holy **** Growls said I was right about something. Thanks man lolPetty comment even though correct.
What control does a new president with basically zero signed legislation have to do with energy / gas prices! It’s de minimis.
Look at DOGE’s “savings” - immediate savings are nominal and the overall savings are proven to be inflated.
CPI was mid 2s pre-election, high 2s post-election, low-to-mid 2s today (pre-tariff impact). Again, what did Trump (and/or the expectation of Trump) do to impact CPI in any way? What are these “policies” tangibly lowering CPI? You simply aren’t understanding inflation.
Blaming democrats for inflation is laughable - Trump signed the stimulus measures into law that pumped unprecedented money into the system while simultaneously inflating our debt and the Fed balance sheet to record heights. Please tell me how the Democrats is the cause for inflation and not trillions of dollars introduced into the system?? This point alone removes any veneer of credibility you think you have.
DERP
The pundits have said all along we wouldn't start feeling the impacts until June, but looky here.
Looks like you owe Loomer an apology.
Everything she has said is turning out to be true. She told us he had terminal cancer with 12 months to live a little less than a year ago.
She also was correct that Biden had a medical emergency while in Las Vegas.
And yall called her a “conspiracy theorist”
Man it’s been a bad couple weeks for the Dems and it’s just going to get worse as their lies continue to get exposed.
2.1% inflation
Will one, any one, of the leftists that were wrong admit it?
Don't make me go back and use the quote feature.
Will one, any one, of the leftists that were wrong admit it?
Don't make me go back and use the quote feature.
Inflation down, income rising. How many people expected that?
Bringing inflation down is basically a tax cut. And real wages are rising. This will make peoples wallets very happy.
Bringing inflation down is basically a tax cut. And real wages are rising. This will make peoples wallets very happy.
This is the one area where tariffs seem merited. 500%?
But not something to impulsively jump into without some deplomacy
But not something to impulsively jump into without some deplomacy
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The 50% steel tariff is exactly the aggressive trade policy America needs to reclaim industrial dominance. The United States Reciprocal Trade Act (H.R. 735) arms the executive with authority to level the playing field against foreign dumping and unfair practices. While critics whine about "trade wars," the numbers don't lie: Section 2(9) of the Act highlights how previous Trump tariffs slashed the China trade deficit by 22% in 2024 alone.
This new 50% rate mirrors Section 3(b)(2) provisions allowing matching foreign tariff rates. The Federal Register's March 5 notice already showed steel imports dropping 18% post-25% tariffs - imagine the domestic production surge at 50%.
Globalists hate this, but real Americans see factories reopening. The era of foreign nations flooding our markets with cheap steel while poisoning us with fentanyl ends now.
Trump is only capable of outright lies or extreme exaggerations. Lemmings will be Lemmings
You told us that was why Donald got elected? Now it’s petty? OddPetty comment even though correct.
Donald J. Trump Truth Social 06.05.25 11:32 AM EST
Shockingly, the Democrat controlled CBO just announced that the Tariffs will be reducing the Deficit by at least $2.8 Trillion Dollars. Too bad this information couldn’t have been released earlier, it would have kept people from knowingly saying untruths.
If referring to my post he's referring to the budget déficits over a number of years I believe.
Yall, prices are about to surge, we haven't felt the impact yet because businesses imported as much as they could before the tarriffs started. You'll see the impact the next half of this year and Trump is going to TACO so damn hard and what will yall be left with to hang your hat on?
The first year of a presidency is supposed to be the most productive. Trump is going to lose the government for the GOP for years.
The first year of a presidency is supposed to be the most productive. Trump is going to lose the government for the GOP for years.
you're the one hoping. GDP will show an increase this month due to the formula for it including exports-imports. Then you'll see.
Last sentence is false. Both sides always like to say this, but there will always be Democrats and Republicans as president, controlling the house, and Senate. It's just a cycle.