The Economy

[Pad_Foot]

On Tuesday will someone ask ‘rump “Who pays tariffs?”9 He is basing his whole economic plan on the idea that other countries will pay 10% to sell their goods in the US.

Does his clan know the answer???

Of course manufacturers here like it. It’s not free trade. It makes it easier for the US manufacturers to sell their goods in the US, but not over seas! Tariffs don’t get them to lower prices here! Why would they? They can charge 5% more easily! They will have to if any part of their product has tariffs they have to pay.

We need a “School House Rocks” cartoon to explain this to Americans

Conservatives used to be all about Free Trade. Yes, other countries use tariffs, but our manufacturers don’t pay them. It makes it harder to sell our goods.

Shove ‘rump’s feet in the fire. Make him explain “Who pays a tarif?” Does he know?

You like inflation? Tariffs will raise your prices immediately? What is that extra money earmarked for? Is it guaranteed income for the government??

Did Trump use the extra income pay down the deficit??? Nope… he decided to take less money from the wealthy and hoped it would trickle down. Nope, bonus for electing Trump.

US Companies bought back their own stock instead of all the things they could have done. CEO’s got to recoup the money they invested in electing Trump.

 

[Pad_Foot]

ABC, that liberal nasty media outlet, just let Sarah “Huckster” Sanders go off on Harris in setting up the debate.

Fine

Asked about Tariffs and Conservatism, she blanked on Free Trade and instead essentially said “Protectionism” and “Isolationism” is the way for America to lead the world.

She was NOT pushed to say who pays!

If tariffs are separate from Congress, who the fuck is in charge of the PURSE??

 

[Noitall]

Forgot your tinfoil cap again?

If you post something stupid about Dollar General, maybe you’ll feel better.

Note: the BLS is the source of the data used in Comrade RightGuide’s comment and the comment you made (under your WinSomeLuzSome alt).

if its not fake

then explain the revisions!

 

[RobDownSouth]

On Tuesday will someone ask ‘rump “Who pays tariffs?”9 He is basing his whole economic plan on the idea that other countries will pay 10% to sell their goods in the US.

Does his clan know the answer???

Of course manufacturers here like it. It’s not free trade. It makes it easier for the US manufacturers to sell their goods in the US, but not over seas! Tariffs don’t get them to lower prices here! Why would they? They can charge 5% more easily! They will have to if any part of their product has tariffs they have to pay.

We need a “School House Rocks” cartoon to explain this to Americans

Conservatives used to be all about Free Trade. Yes, other countries use tariffs, but our manufacturers don’t pay them. It makes it harder to sell our goods.

Shove ‘rump’s feet in the fire. Make him explain “Who pays a tarif?” Does he know?

You like inflation? Tariffs will raise your prices immediately? What is that extra money earmarked for? Is it guaranteed income for the government??

Did Trump use the extra income pay down the deficit??? Nope… he decided to take less money from the wealthy and hoped it would trickle down. Nope, bonus for electing Trump.

US Companies bought back their own stock instead of all the things they could have done. CEO’s got to recoup the money they invested in electing Trump.

If the Political Board were a basketball game, the above post would be characterized as "Pad Foot goin' hard in the paint, he definitely brought his 'A' Game today!"

 

[Rightguide]

The economy continues to grow under the Biden administration, albeit the rate of growth has slowed in manufacturing.
Does this portend the End Of The World As We Know It, chicken little?
The reason I'm asking is because I Feel Fine.

I'm fine as well but 1.3 million US citizens who lost their jobs to illegal aliens aren't.

 

[Noitall]

if its not fake

then explain the revisions!

 

[ll74]

if its not fake

then explain the revisions!

You're certainly not smart or curious enough to explain why revisions take place

 

[MajorRewrite]

if its not fake

then explain the revisions!

If it’s fake, why would there ever be downward revisions? Fake numbers would only go up!

 

[MajorRewrite]

I'm fine as well but 1.3 million US citizens who lost their jobs to illegal aliens aren't.

They didn’t. The unemployment rate for native born workers went down, not up.

 

[Lazaran]

It it’s fake, why would there ever be downward revisions? Fake numbers would only go up!

Not to mention: For the first two years of President Biden’s administration, the BLS Jobs numbers had to repeatedly be revised UPWARDS month to month.

The MAGAts can’t explain that ^ little anomaly in their jobs numbers conspiracy theory.

 

[lessOHmo]

It it’s fake, why would there ever be downward revisions? Fake numbers would only go up!

Because the bakery was pointed out by multiple sources

 

[MajorRewrite]

Because the bakery was pointed out by multiple sources

 

[deckardB26354]

Foreign Automaker Lays Off Thousands of Michigan Workers after Pocketing Hundreds of Millions in Biden EV Subsidies​

By James Lynch
September 5, 2024 8:19 AM

A multinational automaker prepared to lay off more than 2,000 American workers in August after benefiting handsomely from the Biden administration's subsidies for electric-vehicle production.

Stellantis, the parent company to famous brands like Ram and Jeep, has been awarded hundreds of millions in grants from the federal government to promote its EV manufacturing. But the Biden administration's largesse has not prevented the company from laying off American workers.

In July, the Department of Energy awarded Stellantis subsidiary Chrysler a $334.8 million grant to convert a shuttered Illinois plant into a facility for building EVs and another $250 million grant to make a ...

https://www.nationalreview.com/news...g-hundreds-of-millions-in-biden-ev-subsidies/

Once again, putting that alt right slant on things.

“‘Ultimately it all stems from demand, and demand is just not showing up to where all these CEOs thought. So a lot of the initial targets put out by GM or Ford a couple years ago have maybe proven to be a bit too optimistic and probably too aggressive,’ said Gabe Daoud, a sustainable energy senior analyst at TD Cowen. ‘I think everybody was expecting the entire car fleet to change overnight and go electric, but that’s obviously just impossible and impractical.’”

Way to go CEOs! Way to earn that overinflated pay package while your workers have to get an additional job to survive.

So while Stellantis was busy trying to fuck over their workers with union busting activities that pushed their stock value lower, they implemented stock buybacks when they should have been investing back into the company—specifically R&D to make whatever EVs they crapped out might have a chance of selling.

 

[lessOHmo]

Harris recession

Living on credit

https://twitter.com/x/status/1833218978329571504

 

[lessOHmo]

Harris recession

https://twitter.com/x/status/1833249280301404498

 

[lessOHmo]

https://twitter.com/x/status/1833481860636414134

 

[lessOHmo]

Harris recession

http://stocktwits.com/Dr_Stoxx/message/585549170

 

[RobDownSouth]

I'm fine as well but 1.3 million US citizens who lost their jobs to illegal aliens aren't.

The report said "foreign born", not "illegal aliens". "Foreign born" encompasses legally-authorized-to-work Green card holders.
It's okay, though, convicted felon DJT often randomly substitutes "illegal aliens" for "Hispanics" in his stump speech.
Fox Business has this helpful tip.

The figures do not differentiate between foreign-born workers who entered the country with authorization, i.e. Green Card holders and those with working visas, and those who entered without prior authorization.

The U.S. has witnessed a surge of immigrants under the Biden-Harris administration, with figures from the Congressional Budget Office (CBO) showing a net gain of more than 9 million immigrants since the end of 2020.

The federal government has seen massive (presumably legal) immigration in the post-Trump recovery, primarily because guys like you refuse to stoop to doing manual labor.

Someone's gotta pick them taters up there in Idaho!!

#McDonaldsNeedsFrenchFries!

 

[lessOHmo]

Harris recession

https://twitter.com/x/status/1833511861607596504

 

[lessOHmo]

The report said "foreign born", not "illegal aliens". "Foreign born" encompasses legally-authorized-to-work Green card holders.
It's okay, though, convicted felon DJT often randomly substitutes "illegal aliens" for "Hispanics" in his stump speech.
Fox Business has this helpful tip.

The federal government has seen massive (presumably legal) immigration in the post-Trump recovery, primarily because guys like you refuse to stoop to doing manual labor.

Someone's gotta pick them taters up there in Idaho!!

#McDonaldsNeedsFrenchFries!

Only Rot Down South is this dumb

 

[Noitall]

Harris Recession

https://twitter.com/x/status/1833543709910307200

 

[MajorRewrite]

Harris recession

https://twitter.com/x/status/1833511861607596504

Why would a falling crude oil price be a sign of recession?

Falling gasoline prices make people happy: https://gasprices.aaa.com/

 

[MajorRewrite]

Harris Recession

https://twitter.com/x/status/1833543709910307200

Credit card delinquency is not even close to all-time highs:

https://fred.stlouisfed.org/series/DRCCLACBS

You continue to be hilariously economically illiterate. Here’s your “Economic Dunce Award”

 

[Noitall]

Credit card delinquency is not even close to all-time highs:

https://fred.stlouisfed.org/series/DRCCLACBS

You continue to be hilariously economically illiterate. Here’s your “Economic Dunce Award”

You dont even realize how the link doesnt prove what you think it does

 

[Noitall]

IT takes ONE post out of many and says Im wrong


Ignores the others

And even what IT says...........to discredit me............IT is wrong