President Donald Trump
I assume it's still acceptable to have a Trump thread in a Politics forum?
So this is an obvious lie - basically aimed at
Reasonable people and unreasonable people tend to blame the party in power for increases in prices, even when it can’t necessarily be connected to the actions of the party in power. I’m not sure why this case would be different. Are you saying Trump is just that powerful?
What? Partisans who are not reasonable always blame the previous administration, unless it's during a second (consecutive) term.
As for Trump, hell yeah he's that powerful. He's a cult leader. He can say damn near anything and there is a good 20-35% who will believe him.
Reasonable people and unreasonable people tend to blame the party in power for increases in prices, even when it can’t necessarily be connected to the actions of the party in power. I’m not sure why this case would be different. Are you saying Trump is just that powerful?
It is true that government's influence over the economy is generally a far cry from omnipotent, so the broader point is true.
However it is also true that Trump and the Trump administration have heavily championed policies known to bring prices and inflation up, such as isolationism, tariffs and lower interest rates. In the other end of the scale they are not very concerned with the average Joe's purchase parity with a president who angrily exclaims things like "I don't want to hear about affordability!" (probably paraphrased) and a legislature that seems poised to make a lot of common people's economy worse.
Nor do you see much signs of a government that wants to secure the kind of local investment that should logically follow mercantilist practices. Such efforts would necessitate investment in education, infrastructure and favoring politics / policies that are stable and predictable. This is very much an administration that exists in a constant state of chaos and a lot of incoherent blame-shifting.
To put it in plaintext, this is an administration that see rich people getting richer as the ultimate sign an economy is doing well. Unfortunately, history teaches us while the rich getting richer isn't necessarily economically catastrophic, it is not a sign of economic health either.
It is true that government's influence over the economy is generally a far cry from omnipotent, so the broader point is true.
However it is also true that Trump and the Trump administration have heavily championed policies known to bring prices and inflation up, such as isolationism, tariffs and lower interest rates.
Right. It takes many things going right for the economy to be great, a lot of which are out of the president's control. But a president can pretty much screw up the economy on his own. Trump is largely showing the latter in real time with erratic and poor overall economic policies.
Our economy is like everything else under trump. Good if you are rich, not so much if you aren't.
Trump is emulating his idol Putin every chance he gets.
Proof that people can be white trash at any income level.
It is true that government's influence over the economy is generally a far cry from omnipotent, so the broader point is true.
However it is also true that Trump and the Trump administration have heavily championed policies known to bring prices and inflation up, such as isolationism, tariffs and lower interest rates.
Tariffs are NOT inflationary.
If Americans spent 100% of their income on products A, B, C & D, we import 80% of the product A that we consume from Italy and 40% of B from Mexico and we decided to place a tariff on Italy & Mexico what happens?
Americans would start producing more of product A & B, other countries would start producing more of A & B to trade us and product A & B would still cost more to Americans because of the tariff. However, the amount of disposable income Americans have doesn't magically go up just because there is a tariff on Italy & Mexico. The cost of one or both of products C & D must come down by the amount we are spending extra on product A & B.
Inflation is too many dollars chasing too few goods. Tariffs do not increase the amount of dollars and they do not decrease the amount of goods.
Dems fought their butts off to reduce the amount of goods we had during/after covid by shutting down parts of the economy for as long as they could and Dems fought to print extra money to give to as many people as they could during covid.
We don’t need hypotheticals, we have real data. American manufacturing has not gone up. Price of received goods has gone up, export prices are stable so US importers and consumers are paying more.
You wont have real data for years in any meaningful sense. Even then it will be incredibly difficult to properly understand.
Tariffs are NOT inflationary. If Americans spent 100% of their income on products A, B, C & D, we import 80% of the product A that we consume from Italy and 40% of B from Mexico and we decided to place a tariff on Italy & Mexico what happens? Americans would start producing more of product A & B, other countries would start producing more of A & B to trade us and product A & B
But your making the assumption that they can start manufacturing immediately which is not true as well many of the components used in the manufacturing are not available in the USA
Anyone that is honest can say yes gas has gone down in price but everything else has gone up
It is true that government's influence over the economy is generally a far cry from omnipotent, so the broader point is true.However it is also true that Trump and the Trump administration have heavily championed policies known to bring prices and inflation up, such as isolationism, tariffs and lower interest rates. In the other end of the scale they are not very concerned with
Oh yeah. I didn’t mean to imply he wasn’t ****ing up the economy. My point was more that Presidents get the blame even when they’re not to blame, even by very reasonable people. So I’m not sure why Trump wouldn’t get the blame from the constituents when he is in fact to blame and people would have blamed him anyway.
He got the credit in the first term when he didn’t do crap (and still lost the house in the midterms), so why wouldn’t he lose it this time around?
What? Partisans who are not reasonable always blame the previous administration, unless it's during a second (consecutive) term.
As for Trump, hell yeah he's that powerful. He's a cult leader. He can say damn near anything and there is a good 20-35% who will believe him.
The 20-35% are irrelevant to what we’re talking about.
Right. It takes many things going right for the economy to be great, a lot of which are out of the president's control. But a president can pretty much screw up the economy on his own. Trump is largely showing the latter in real time with erratic and poor overall economic policies.
For the purpose of electoral politics, it's also important to remember that the effect of government policy on the economy is far from immediate. That's part of the problem. For politicians, it's very tempting to prioritize the immediate term over the medium to long term.
But your making the assumption that they can start manufacturing immediately which is not true as well many of the components used in the manufacturing are not available in the USA
Anyone that is honest can say yes gas has gone down in price but everything else has gone up
Not to mention there's a ton of stuff we simply cannot manufacture cheaper than they can overseas.
For your next flat earth explanation baba, tell us how tariffs aren't a tax on consumers.
Speaking of dumb economic policies, implementing blunderbuss tariffs and then giving people a $2000 "tariff rebate" can't possibly strike anyone as an efficient.
Tariffs are NOT inflationary. If Americans spent 100% of their income on products A, B, C & D, we import 80% of the product A that we consume from Italy and 40% of B from Mexico and we decided to place a tariff on Italy & Mexico what happens? Americans would start producing more of product A & B, other countries would start producing more of A & B to trade us and product A & B
Except the amount of dollars isn’t static .
Maybe you didn’t know but trump this year will make another big deficit .
Secondly, no us industries will start to produce more stuff with higher tarrifs if it isn’t profitable .
And it’s isn’t in some case 10%-20% tarrifs that this will entice us corporations to hire people at 2x, 3x the wages in the US compare to what they pay elsewhere for just a “little” 15% tarrifs .
In other words all that extra cash trump gain from tarrifs , where u think it comes from ?
A chinese or Mexican worker ?
Nah Americans consumers payed …
Not to mention there's a ton of stuff we simply cannot manufacture cheaper than they can overseas.
For your next flat earth explanation baba, tell us how tariffs aren't a tax on consumers.
Yup
We don’t need hypotheticals, we have real data. American manufacturing has not gone up. Price of received goods has gone up, export prices are stable so US importers and consumers are paying more.
Data are fake news for baham.
Tariffs are NOT inflationary. If Americans spent 100% of their income on products A, B, C & D, we import 80% of the product A that we consume from Italy and 40% of B from Mexico and we decided to place a tariff on Italy & Mexico what happens? Americans would start producing more of product A & B, other countries would start producing more of A & B to trade us and product A & B
Time to take econ 101 again.
Speaking of dumb economic policies, implementing blunderbuss tariffs and then giving people a $2000 "tariff rebate" can't possibly strike anyone as an efficient.
Dont forget boon from the $5000 DOGE dividends tho.
oh wait....
What happened to all the fraud money DOGE found?
Or did they just steal a ton of personal data and **** off?
You said everyone will blame Trump. I specified that "everyone" also includes MAGA so it's not everyone. You then asked if Trump is that powerful. I said he is. Now you're implying you were being hyperbolic the entire time.
Having a third of the population believing a cult leader's bullshit is relevant. He would have never been elected (especially the second time) if there isn't relevance in having a third of the country behind you.
Im suggesting getting $2000 rebates is about as likely as getting the $5000 DOGE dividends. Only muppets think they'll actually get this 2 grand.
If you want a list of easy marks, just ask people to send in their details to be considered for their 2 grand, there you go, a list of rubes to fleece.
What happened to all the fraud money DOGE found?
Or did they just steal a ton of personal data and **** off?
The latter. That was the entire ruse as Musk's plan is to start X Money. Stealing some government contracts was just a bonus. Rubes like bahbah are happy to do their bidding if they are promised a reach-around.
