Trump Tariff Stimmys - $2,000
- Thread starter fatpiggy
- Start date
how about we pay down the debt, we'd all benefit. Don't like a $2,000 stimulus.
Do you now see there was not a well developed plan with the initial tariffs? Simply trying to reframe the narrative that SCOTUS cost Americans $2K each because he couldn’t be bothered to read Article I of the Constitution.
Let's take a deep breath. There is still no evidence that tariffs are causing inflation to rise. Trump is probably thinking about this stimulus because this govt shutdown is hurting the repubs and Trump. The original x post at the top is not a conclusive fact. It's just that person **** posting.
There’s plenty of proof that tariffs do and have caused inflation - get off social media and read a damn textbook or impartial fixed income or equity research report.
You’re lucky you’re old and won’t have to deal with the massive debt that your administration is accumulating.
The original tariff plan was not intended to be a final tariff plan. It was intended to get the countries on the list to the table to negotiate trade deals. That purpose, for the most part has been achieved. You'll notice, I think that most of the tariffs have settled somewhere in the 10-15% range.
I'd reserve judgement on the constitutionality of tariffs. From what I've read, the key issue is the use of presidential emergency powers to initiate the tariffs. There seems to be multiple other avenues for him to impose tariffs not related to emergency powers. We'll see what happens. But I still don't like the $2,000 giveback
I added the rest of it for people who don't want to click on the link.
He’s now saying:
“The $2,000 dividend could come in lots of forms and lots of ways. It could simply be the tax decreases that are part of the President’s agenda.”
Examples he floated:
- No tax on tips
- No tax on overtime
- No tax on Social Security
- Deductibility of auto loans
i.e. no mention of check's!
Important context:
This is not a direct injection of cash like a 2020 stimulus check.
It’s not guaranteed money hitting people’s bank accounts, it’s potential tax-side changes… which could take months to implement, could phase in slowly, and may not even translate to a net $2,000 for most people depending on their income and deductions!
This is NOT bullish for the stock market.
There’s no immediate liquidity event here - no sudden retail inflow, no “free money” impulse buying moment.
So while the headlines are flashy, the mechanics behind this are policy-structural, not liquidity-driven!
Last ditched attempt by TRUMP to save the stock market correction coming from the Government shutdown!
How much debt did the Biden admin add?
Neither party has shown any concern for the debt. Placing blame on one party is ludicrous. Oh superior one.
I remember the good old days when there was congressional outrage over a $1 trillion debt. We add more than that now each year.
Hahahahahahahhahahahahahahahahahahhahahahahahahahahahhahahahahahahahahahahahahhahahahahahahahahahhahahahahahahhahahahahahahahahhahahahahahahahhahahahaha
Another terrible idea. Not sure if this or the 50y mortgage is a worse idea.
Stimmys are a much worse idea imo.
At least the 50 yr is optional and has some benefits for some people.
Wrong. The only people who benefit from a 50 year mortgage are banks.
I like Bessent as Secretary of Treasury. So far, seems as if h'e got a sensible streak. And Trump seems to listen to him
Because your post was about Bessent and I thought this was funny?
It's the Golden Age yet we're in a recession LOL
But if I'm honest, he probably is Trump's best cabinet secretary - most respected for sure.
Oh. Ok. Yeah, i think he's good as well. I think in general, Trump's cabinet is good. You may disaggree. But I think it's a100% an improvement over his 1st term. I'll stop there to avoid a debate that i'm not interested in having!Because your post was about Bessent and I thought this was funny?
It's the Golden Age yet we're in a recession LOL
But if I'm honest, he probably is Trump's best cabinet secretary - most respected for sure.
RIght. I"m trying to preserve my intelligence. No reason for me to go into the gutter.Smart man
First...it is a diversion for the masses to get their minds off Epstein files.
Second, it is also intended to get the masses off of the higher prices we pay for food.
Finally, if the Supreme Court says no, the President can't set tariffs, only Congress can (as the U.S. Constitution stipulates) then no one is going to see it anyway.
The epstein files are a diversion for the democrats to distract from their total submission on closing down the government and otherwise piss poor performance.