GoldenBoy89
We're Still Here
- Sep 25, 2012
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You think the economy is doing good right now?
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You think the economy is doing good right now?Are these the same economists that predicted the terrible economy we were going to have by now?
You think the economy is doing good right now?
Since the tariffs have just started (?) the countdown begins at that time...Are these the same economists that predicted the terrible economy we were going to have by now?
I think the economy is just fine. The GDP is up. The economy is certainly not in the tank as predicted by some including economists whom the left loved to tout.
Like most countries! I linked to it in my new AUKUS thread - but this political podcast from the Australian National University questions not just the nuclear subs, not just our siding with American defence policy rather than more fully developing our own regional defence policy, but also questions how good it is for world leaders - and the Australian Prime Minister - to have to go through the humiliation of ‘bending the knee’ to daddy in the Oval. Trump seems to feel the measure of American diplomacy and international relationships - the ultimate benchmarks - is whether or not the other leaders have 'said nice things about me.'I think you fail to realize that flattery---even when insincere and spoken through gritted teeth--is the only way the EU feels he can be "managed." Behind closed doors I imagine they loathe him with every fiber of their being, and can't wait till he is off the world stage.
Certainly Trump is a threat to their power and control over the people and has cost the EU a lot of money.I think you fail to realize that flattery---even when insincere and spoken through gritted teeth--is the only way the EU feels he can be "managed." Behind closed doors I imagine they loathe him with every fiber of their being, and can't wait till he is off the world stage.
MILITARY ASIDECertainly Trump is a threat to their power and control over the people and has cost the EU a lot of money.
Since the tariffs have just started (?) the countdown begins at that time...
He told mistruths about the start dates and percentages as he does in most situations.
Oh my word! This sounds just like those who recite old myths against climate science like "Wasn't Florida meant to be underwater by now?" (Without understanding the climate science, or when the models indicated what level of sea-level rise would have occurred!)
The tariffs haven't really kicked in yet! The market is feeling the effects of all this Trump uncertainty.
I mean - the EU deal was only partially agreed last week - and while many "Trump" it up as a big victory, the realpolitik is this is very early days - and these things take years to iron out the kinks - and sometimes collapse anyway! Trump's very bigliest deal of all bigly deals may just collapse!
On Sunday, the United States and the 27-member state European Union announced that they had reached a trade framework agreement: The EU agreed to accept 15% U.S. tariffs on most of its goods, easing fears of a catastrophic trans-Atlantic trade war. There were also commitments by the EU to buy $750 billion in U.S. energy products and make $600 billion in new investments through 2028, according to the White House.“We just signed a very big trade deal, the biggest of them all,” Trump said Monday.But there’s no guarantee that Trump’s radical overhaul of U.S. trade policy will deliver the happy ending he’s promised. The framework agreement was exceedingly sparse on details. Most trade deals require months and even years of painstaking negotiation that rise and fall on granular details......To his closest aides, Trump’s use of tariffs has validated their trust in his skills as a negotiator and their belief that the economists who warned of downturns and inflation were wrong. The S&P 500 stock index was basically flat on Monday, but stocks have more than recovered from the tariff-induced selloff in April.
“Where are the ‘experts’ now?” Commerce Secretary Howard Lutnick posted on X.
But the story is not over. For one thing, many of the details of Trump’s trade deals remain somewhat hazy and have not been captured in writing. The U.S. and Japan, for instance, have offered differing descriptions of Japan’s agreement to invest $550 billion in the United States.
It's mid 2025 - and he's signed maybe 7 deals: China and the EU are the biggest - but there are still many other nations that still have to deal with this weird new protectionist, insular, MAGA America.
Methinkest you celebrate too soon!
The uncertainty has all sorts of terrible consequences on the ability of any nation or economy or business to form a long-term business commitment to America. One man should not have the power to punish the American AND / OR allied economies just because he's having a tanty.
Get back to us when Americans REALLY start paying Trump his windfall of tariff taxes!
In the meantime - when did Congress hand this powerful tool of international negotiation and relationships to the whims of one man having a bad-hair day? This used to be an arena controlled by an important branch of the US government. It seems you guys are down a branch! Losing the balance of powers already?
Trumpists are crowing about Trump's 'deals' before they've been tried and tested. These things can take months - even years - in the testing - and then fall apart! Get back to us in 2 years and tell me how great your economy is going when inflation is ticking along - while the rest of the world reaches a new equilibrium trading through the CPTPP!
The economy was good under Biden, too, but a lot of conservatives complained that it wasn't putting any more money in thier pockets. How much more money is Trump's good economy going to put in our pockets now?I think the economy is just fine. The GDP is up. The economy is certainly not in the tank as predicted by some including economists whom the left loved to tout.
The economy was good under Biden, too, but a lot of conservatives complained that it wasn't putting any more money in thier pockets. How much more money is Trump's good economy going to put in our pockets now?
Are you just talking about the EU agreement? The tariffs have been going on for a while and have brought in about 78 billion so far. And there was all this, the sky is falling, mentality going and dire warnings that our economy was going to tank and a terrible recession was headed our way etc etc. By July it was all going to be over for us.
I thought this throughout the Biden administration. Not great but we did have a worldwide catastrophe with the pandemic just prior.I think the economy is just fine.
As it was during the Biden administration.The GDP is up.
Idk what specific predictions were being made about the economy but everyday items and groceries are getting more expensive. A ton of the stuff we buy was front loaded before the tariffs went into effect so we aren’t truly dealing with the effects of this trade policy yet. The real big fish is China. Almost everything we buy and use daily comes from them and our trade negotiations with them are still on pause. Let’s also remember Trump has backed down from his ridiculous 145% tariff he had threatened them with. It’s important to keep in mind that tariffs we place on other countries equals price increases on the things we buy from them here.The economy is certainly not in the tank as predicted by some including economists whom the left loved to tout.
Most of the "dire warnings" assumed Trump would actually cary through with the first wave of tariffs. As we now know, it was all talk (aka TACO).
Now, after several bluffs, Trump seems to be settling on 15% as the base tariff. Are we supposed to celebrate a 15% tax?
And of course, he's still wielding the tarrif bludgeon....a 50% tariff on Brazil? [The US has a trade surplus with Brazil]. And threats against Mexico, Canada and other friends.....
You don't have any clue how negotiations work do you. This is why Democrats are going to continue to lose. You are lost on how he works and gets things done.
Yes of course more, the sky is falling mentality.
Why don't you just wait and see what's going to happen before projecting more doom. I'm not projecting anything.
Eh...I negotiate between parties every day as part of my professional life.
And of course, he's still wielding the tarrif bludgeon....a 50% tariff on Brazil? [The US has a trade surplus with Brazil]. And threats against Mexico, Canada and other friends.....
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