I'm having a difficult time finding much support for the program outside of the administration.
Ok, here are the actual Tariffs the Dems have been screaming bloody murder most foul about:
- Thread starter LrgK9
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You do get that I can post a hundred videos of dozens of current Democrats screaming in favor of tariffs for decades now right? You probably want to sit this one out
Just sat down at the movies so you will have to wait a few hours for a display of what total hypocrites Democrats are
And yet Trump has taken tariffs higher than they’ve been in over a hundred years and tanked the markets while doing it.
So he’s wrong for wanting America to get a fair deal? This should be something both sides can agree on. But then again if Trump we’re to cure cancer Democrats and the media would still complain
Populism along with labor unions died with mondale and their now exists 2 political parties that are in favor of a corporate partnership with govt to expand wealth to elites,...
occasionally you will get a Bernie or trump,...and if they are lucky enough to win, they will be corrupted within months through their family by international actors (kushner/israel) and/or donors (adelson),...the future populists will always fold because their children were bought off,..or they had dirt in the past,...or whatever needs to happen to maintain the trajectory of history
All I see is another example of the Democrats trying to work with the other side, thru Congress, to solve a problem.
Based on where the trade deficit is now, I am going to guess that it didn't work in 1996.
This clip shows how the government is suppose to work. Bring up a problem and let Congress work to find a reasonable solution, not uniformly place tariffs on every piece of land, including some with no inhabitants.
1 specific country that EVERYONE agrees has an advantage over the US.
Not attacking our friends and our allies in the process.
And she wasn’t wrong to tariff China in 1996 and not even wrong today, but to tariff the whole world is absolutely nuts and beyond stupid.
How is it attacking by wanting things to be fair and square? How is that an attack? He has said he is all for them dropping all tariffs against us and we would do the same. How is that an attack? You Dems have lost your minds
What’s fair and square? Tariffing Mexico and Canada who we had free trade agreements with, ie no tariffs? Or how about slapping a 30% tariff on Switzerland who also didn’t tariff US exports? You have no idea what tariffs foreign countries were charging us because you believe the lies dear leader spews, but most countries, if they even tariffed the US charged rates in the low single digits.
This is total nonsense. Switzerland has 61% tariffs on our goods. Mexico and Canada have had tariffs on us for decades now too. I notice you leave out the many other countries taking advantage of us too
Liberal economists are always proven wrong in the end. Also what you libs can’t seem to grasp is Trump is using tariffs as a negotiating tactic. We will revisit this in 4 years. Bet we are much better off. By then you Dems will onto some other nonsense and won’t ever revisit how wrong you were.
Yeah - and look how he finished up:
*7.8% inflation for 48 months or 1.95% annually.
* +7.1% for 48 months in "Real Money" or Inflation-Adjusted Changes in Wages for 48 months or +1.8% annually.
Both are the best numbers all the way back to Carter. Maybe the best all-time.
*As far as the Dow goes, he was +57% to end his term.
And this was with Covid. Stop with the lazy tweets, we all know he's not a popular Prez at the moment & you hate him. But it looks to me like he is playing the long game, not the day to day.
This Is How the Stock Market Performed Under Each President
The U.S. economy is a massive aggregation of moving parts, some in plain sight and some hidden from view. The average citizen feels like they have very little control over such an enormous system, but when a presidential election comes around, they will look to evaluate the incumbent. The Dow...
247wallst.com
Presidents, Inflation, and Real Wages
How well, or poorly, the economy fares is commonly attributed to the presidential administration in office. Here, the experience with inflation and real wages during past eight presidential administrations are described.
perc.tamu.edu
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Maybe try and keep up that the numbers they posted for ‘tariffs’ were just made up! We’ve been discussing that fact for 48 hours. Switzerland’s actual tariff rate is 1.7%
It’s hard to take anything you modern day Democrats say to be honest. After all you nuts think they’re more than 2 genders. That men should compete in women’s sports. That trannys should read weird books to kindergarteners. That protest against a guy trying to eliminate government waste. The list goes on and on.
I don’t understand the focus on the “calculation”. Of course it is meaningless and of course the proposed tariffs are not reciprocal. Why does it matter?
If I were selling you my house and told you it was worth 10 million because aliens appraised it that way…..it would be ridiculous….but the ask would still be 10M and I have put it to you to counter.
The focus should be on the chaos….a legit criticism. Possibly with some kind of rationale for sure from a negotiating standpoint but possibly also to reset long rates. Who knows? We will see but as I’ve said he’s being too cavalier with our markets.
They were warned and should have prepared.
It wasn’t a surprise. I don’t understand your point.
Pretty sure most have, the angst is how much it may hurt sales and potential layoffs.
Hoping this doesn’t go on too long and adjustments/compromise happens quickly. I’m in a wait and see mode, no other choice.
Greater act of self harm than allowing 15 million illegals (many gang members and violent criminals), pushing trans and dei policies, rinsing trillions in deficits,… The Dems knew as early as 2023 the Biden was gone and prefaced for his death yet to this day you still believe he was running the country. Come on Will. Your hatred for Trump truly makes you sound off.
Our country was heading to financial disaster and there is nothing either party are willing to do. No cuts are acceptable. This is the only thing Trump can do that does not require our crooked congressmen to vote for. Who on your side had any plan to deal with waste or our debt?
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Well, most businesses have more coming after 4/10, unless you are suggesting they just shut down and fire all their workers?
Any country that we have a massive trade imbalance with we should initiate tariffs with regardless of they offer to reduce their tariffs. Like Viet Nam. Great you reduced your tariffs to zero. What is it exactly that you buy from us?
Hmm, what part of Reciprocity don’t people understand?
The counter to that is depends on what is being imported over here.
I.E. - if it’s say apparel. Maybe shoes, shirts, toys etc. Is it cheaper to buy from Vietnam, India, Cambodia etc with the tariffs or is it cheaper to move things to the US??
My guess is, it’s cheaper for the importer to pay the tariffs here and leave things the way they are. It takes too long to move a manufacturer or to start one here.
You have the cost of buying land, building or leasing and then the overhead. And who would want to work in these places over here anyway. Thinks labor would be a big issue.
During Trump’s first term he went around and around with China over tariffs - it was too unpredictable. Companies here readjusted and started to buy from the Vietnams, Cambodias and Indias - now he’s hitting them with more tariffs his 2nd term.
He should be more selective in his tariffs and leave the above example or any like it alone. It will make things more expensive, put a bunch of folks out of business and jobs lost imo.
Let the “free markets” operate. They know better than anyone else.
Don’t like the shotgun approach, neither does the market - JMO.
Of course the calculation is meaningless?
That’s a wild POV. The markets have lost $11t in value since Trump took office and $6t in two days, with that last hit directly attributable to these tariffs and how they were both rolled out and explained.
The fact that the base calculation makes no sense and then the administration improperly implemented it makes them look like idiots, just as all of the talk of annexation makes the administration look like some combination of stupid and evil.
It matters, and I suspect you’ve been around long enough to know that. The markets certainly know it.
I’m not excusing the rollout. I’m saying that the rationale behind the ridiculously high tariffs doesn’t matter. The fact that they are ridiculously high is what does.
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