The Economy

Typical Trumpian response from a cult member who is detached from reality.
When you get bored sometime, fire up search and see how many times the whiny Rightgunt replies "BS!" or "Bullshit!" when he recognizes he cannot form the words to make a coherent reply.

He's frustrated. You'd be frustrated too, operating with diminished mental capacity such as his. He absolutely cannot stand those pesky "facts" intruding into his carefully constructed MAGA Reality Distortion Cocoon.

Sad, really.

p.s. I lost interest in counting up the petulant "BS!" replies after the first 40 or so.....
 
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Where is fussy and all his friends?
The economy isn't fixed but their predictions on the stock market and bond market were way off.
Their accusations that Trump broke the USMCA agreement not accurate at all.
Their prediction no countries would reduce their tariffs, make trade deals or cease their illegal financial methods, also false.
Now we need the Senate and House to pass the remainder of 'the big beautiful bill' and complete another step to long term prosperity.
It is coming together much quicker than I expected.
 

Former Reagan Economist Art Laffer Makes Strong Case for President Trump’s Tariffs​

by Economic Report

April 9, 2025

As noted by Townhall on X: Former Reagan Economic Advisor, Art Laffer, lays out his WIN-WIN Exit Strategy for Trump on Tariffs:

“I believe he can negotiate freer trade deals, get those tariffs way way down, much lower than they are now. By primarily those [countries] lowering their tariffs and us keeping ours low, or even going lower. It’ll be a win-win. The world will prosper, we’ll have a great economy, and the U.S will be in perfect beautiful shape for economic growth…the exit strategy is he doesn’t impose those tariffs, he takes those tariffs away, he even reduces our tariffs on those countries if they eliminate their tariffs on us. That would be the exit strategy that would be a win-win win-win.”

https://discern.tv/former-reagan-ec...kes-strong-case-for-president-trumps-tariffs/
 
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Former Reagan Economist Art Laffer Makes Strong Case for President Trump’s Tariffs​

by Economic Report

April 9, 2025

As noted by Townhall on X: Former Reagan Economic Advisor, Art Laffer, lays out his WIN-WIN Exit Strategy for Trump on Tariffs:

“I believe he can negotiate freer trade deals, get those tariffs way way down, much lower than they are now. By primarily those [countries] lowering their tariffs and us keeping ours low, or even going lower. It’ll be a win-win. The world will prosper, we’ll have a great economy, and the U.S will be in perfect beautiful shape for economic growth…the exit strategy is he doesn’t impose those tariffs, he takes those tariffs away, he even reduces our tariffs on those countries if they eliminate their tariffs on us. That would be the exit strategy that would be a win-win win-win.”

https://discern.tv/former-reagan-ec...kes-strong-case-for-president-trumps-tariffs/
But then tariffs won't pay down the debt.
 

Former Reagan Economist Art Laffer Makes Strong Case for President Trump’s Tariffs​

<garbage snip>
Yes folks, the MAGA krewe is so desperate for validation that they've had to resurrect 85-year-old economic quack Art Laffer, author of the wholly discredited "Laffer Curve".

True to form, Laffer immediately succored the increasingly impotent Potus penis:
"You're going to see incredible prosperity once those new, very low tariffs come into play," Laffer told Kudlow. "I think you're going to see a great economy. I'm just counting on Trump using his own skill and expertise and not those of some of his advisers and use those skill and expertise to create enormous prosperity in America."
 

Why Comparing Trump’s Tariffs To The Smoot-Hawley Act Is Dishonest​

By: Van A. Mobley
April 09, 2025
4 min read

Trump’s tariffs will work — but they’ll work even better with the Federal Reserve’s help.

Trump’s tariffs are not designed to encourage Americans to borrow money and maximize their consumption. Nor are they designed to encourage participation in speculative stock market or real estate bubbles. America’s free trade policies encouraged such excesses after the end of the Cold War, and we can’t stand a repeat of the folly. While his critics wrongly invoke the Smoot-Hawley tariff failures of 1930, Trump’s emerging tariff policies, particularly if combined with the appropriate monetary policy, will have much better results and Make America Great Again.

As Trump’s tariffs are implemented, they will generate revenue for the federal government and encourage investment in atrophied as well as cutting-edge sectors of the American economy. In addition, they will increase the quantity and quality of jobs available for Americans as a whole, will persuade (and are already persuading) our trading partners to adopt fairer and less predatory trading regimes, will arrest a possible slide into recession, and will get our economy moving toward our long-term growth potential of 3 percent (or more) GDP growth per year.

President Trump says “tariff” is one of his favorite words, and historical evidence indicates tariffs work. They worked for the Chinese this century, they worked for the Japanese after World War II, and they worked for the U.S. and Germany in the late 19th century. Back then, American and German growth rates and economic vibrancy radically outstripped the growth rates and economic vibrancy of a free-trading Britain, which, after abandoning its early 19th-century tariffs, adopted the free trade nostrums of David Ricardo and slipped into decline.

One of the few instances when tariffs failed was during the Smoot-Hawley tariff episode at the beginning of the Great Depression. But there are special circumstances surrounding the imposition of the Smoot-Hawley tariffs that the free-traders hesitate to mention. When the United States raised the Smoot-Hawley tariffs, the U.S. was the world’s greatest creditor, and by raising the tariffs, we prevented others from selling us things so they could make money and pay us back. When they didn’t pay us back, it collapsed the global financial system and helped usher in the Great Depression.

More here: https://thefederalist.com/2025/04/0...tariffs-to-the-smoot-hawley-act-is-dishonest/

More education for the ideologically blind
 
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But then tariffs won't pay down the debt.
Directly, no they won't. Just one step in the process.
And don't gloat too much on the market today. Democrats remain obstructionist and while the market rebounded rapidly on the success of the tariffs, it is possible we could see other dips like this one in the near future.
Warner made a fool of himself again today.
 
Directly, no they won't.
They won't at all.....which was the claim.

Just one step in the process.
And don't gloat too much on the market today. Democrats remain obstructionist and while the market rebounded rapidly on the success of the tariffs, it is possible we could see other dips like this one in the near future.
Warner made a fool of himself again today.
Democrats haven't caused the issues with the markets.

Which have not "rebounded rapidly"....they've recouped some.of the losses experienced over the last week this afternoon.
 
Directly, no they won't. Just one step in the process.
And don't gloat too much on the market today. Democrats remain obstructionist and while the market rebounded rapidly on the success of the tariffs, it is possible we could see other dips like this one in the near future.
Warner made a fool of himself again today.
A "dip"?

Really, a "dip"?

Calling the vaporization of last year's stock market gains over a period of just four days a "dip" is peak intellectual dishonesty.

Get serious.
 

Former Reagan Economist Art Laffer Makes Strong Case for President Trump’s Tariffs​

by Economic Report

April 9, 2025

As noted by Townhall on X: Former Reagan Economic Advisor, Art Laffer, lays out his WIN-WIN Exit Strategy for Trump on Tariffs:

“I believe he can negotiate freer trade deals, get those tariffs way way down, much lower than they are now. By primarily those [countries] lowering their tariffs and us keeping ours low, or even going lower. It’ll be a win-win. The world will prosper, we’ll have a great economy, and the U.S will be in perfect beautiful shape for economic growth…the exit strategy is he doesn’t impose those tariffs, he takes those tariffs away, he even reduces our tariffs on those countries if they eliminate their tariffs on us. That would be the exit strategy that would be a win-win win-win.”

https://discern.tv/former-reagan-ec...kes-strong-case-for-president-trumps-tariffs/
More trickle-down?

You're getting dumber.
 
Stepping away from DonOld’d clown show stock market manipulation circus for a moment, has anyone been paying attention to the flooding and severe weather damage in the South and the Midwest???

🤔

It’s a good thing DonOld is gutting FEMA, NOAA, and the EPA right now.

People might want to consider that the “state of the union” is NOT solely the stock market and continually shifting wealth. Quality of life matters.

It isn’t even hurricane or fire season yet, and the country is in a climate change exacerbated crisis that no one is paying attention to because of the giant orange “distraction in chief”.

The economy WILL eventually be impacted by the current flooding, etc, and the inevitable hurricanes & fires to come, as well as the substandard response from the federal government to those crises.

We. Told. Them. So.

🌷
 

The bottom line is: The revenue from “the big beautiful tariffs” (that are on again off again) will NOT be “making America wealthy again”.

And if tariffs aren’t implemented, then why would corporations onshore production in the US???

🤔

It appears as though DonOld’s entire economic "philosophy" is bullshit, and DonOld’s administration doesn’t really have a consistent / cogent economic policy / strategy.

😑

🤬

We. Told. Them. So.

🌷
 

Former Reagan Economist Art Laffer Makes Strong Case for President Trump’s Tariffs​

by Economic Report

April 9, 2025

As noted by Townhall on X: Former Reagan Economic Advisor, Art Laffer, lays out his WIN-WIN Exit Strategy for Trump on Tariffs:

“I believe he can negotiate freer trade deals, get those tariffs way way down, much lower than they are now. By primarily those [countries] lowering their tariffs and us keeping ours low, or even going lower. It’ll be a win-win. The world will prosper, we’ll have a great economy, and the U.S will be in perfect beautiful shape for economic growth…the exit strategy is he doesn’t impose those tariffs, he takes those tariffs away, he even reduces our tariffs on those countries if they eliminate their tariffs on us. That would be the exit strategy that would be a win-win win-win.”

https://discern.tv/former-reagan-ec...kes-strong-case-for-president-trumps-tariffs/

In the quote from Laffer, he advocated for low tariffs, not Trump’s high tariffs. 👍
 
The bottom line is: The revenue from “the big beautiful tariffs” (that are on again off again) will NOT be “making America wealthy again”.

And if tariffs aren’t implemented, then why would corporations onshore production in the US???

🤔

It appears as though DonOld’s entire economic "philosophy" is bullshit, and DonOld’s administration doesn’t really have a consistent / cogent economic policy / strategy.

😑

🤬

We. Told. Them. So.

🌷
I feel sorry for those poor dumb sumbitch CEOs who actually took Mr. Trump at his word and broke ground on all those new US factories yesterday as part of the rush to get those jerbs back into America toot sweet.
 
I feel sorry for those poor dumb sumbitch CEOs who actually took Mr. Trump at his word and broke ground on all those new US factories yesterday as part of the rush to get those jerbs back into America toot sweet.

Remember “Foxconn”???

🤔

President Biden had already spurred investment in the US through targeted tariffs and incentives. Trump is taking credit for President Biden’s efforts, while CLAIMING credit for investments that have yet to fully materialize (See: “Foxconn”.)

😑

🤬

We. Told. Them. So.

🌷
 
Where is fussy and all his friends?
I have a life and was busy.
The economy isn't fixed but their predictions on the stock market and bond market were way off.
Care to show me where I've been off?
Their accusations that Trump broke the USMCA agreement not accurate at all.
He did break it, he put on tariffs trade items covered under CUSMA, then realised he was breaking CUSMA, and reveresed course.
Their prediction no countries would reduce their tariffs, make trade deals or cease their illegal financial methods, also false.
So far all I see are South Korea, and Japan and Vietnam at the negotiation table. Am I missing any?
Now we need the Senate and House to pass the remainder of 'the big beautiful bill' and complete another step to long term prosperity.
It is coming together much quicker than I expected.
Yes, looking at the latest,(prior to Trump chickening out) a recession starting in June or July....great news for you!!
 
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