President Trump Thread (Part 2)

Smitty

Smitty

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Plan9Misfit said:
If the tariffs are around long enough, interest rates will actually rise, not drop, because the tariffs will cause massive inflation, so rates will rise as a means of attempting to cool the economy down because of the rising price levels. That will result in stagflation, and the orange idiot doesn’t seem to grasp that. I don’t believe a god damned word he says about this because he lies about nearly everything else.
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Setting aside for the moment the fact that most seem to agree that the tariffs are a bad idea if the plan was to just have tariffs forever, what do you think about the fact that most other countries are tariff-ing our stuff?
 
Chocolate Lab

Chocolate Lab

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Smitty said:
Setting aside for the moment the fact that most seem to agree that the tariffs are a bad idea if the plan was to just have tariffs forever, what do you think about the fact that most other countries are tariff-ing our stuff?
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I have mixed feelings on this, but yes, apparently every other country can have massive tariffs on us, but when we do it back to them, only we are led by an idiot bent on destroying the economy.
 
Cotton

Cotton

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Trump is only trying to level the playing field. It really is that simple.
 
Plan9Misfit

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Smitty said:
Setting aside for the moment the fact that most seem to agree that the tariffs are a bad idea if the plan was to just have tariffs forever, what do you think about the fact that most other countries are tariff-ing our stuff?
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That’s retaliation for our absurd actions. Trump wants a long term global trade war, so that was inevitable. The problem is that this will cause a massive recession and stagflation. It’s a very stupid proposition. On both sides. If the federal income tax was abolished, then the impacts of tariffs wouldn’t be economically catastrophic. But, having both is crippling. This is literally the largest, unlawful, and unconstitutional tax increase in US history. It’s abhorrent.
 
Plan9Misfit

Plan9Misfit

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Cotton said:
Trump is only trying to level the playing field. It really is that simple.
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No, he isn’t. The tariff metrics don’t prove that out. Not remotely. This is cutting off an arm because someone cut their finger.
 
Plan9Misfit

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And again, we need to look at the constitutionality of this. If Obama or Biden did this, I can’t think of a single person on this forum who would argue that this is acceptable. We’d all be screaming bloody murder that they lack the authority to do this, and we’d be right.
 
Cowboysrock55

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Plan9Misfit said:
That’s retaliation for our absurd actions. Trump wants a long term global trade war, so that was inevitable. The problem is that this will cause a massive recession and stagflation. It’s a very stupid proposition. On both sides. If the federal income tax was abolished, then the impacts of tariffs wouldn’t be economically catastrophic. But, having both is crippling. This is literally the largest, unlawful, and unconstitutional tax increase in US history. It’s abhorrent.
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I don't think he wants a long term trade war at all and other countries are terrified of that prospect no matter what they say.
 
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