“Virtually all economists think that the impact of the tariffs will be very bad for America and for the world,” said Joseph Stiglitz, an economics professor at Columbia University and a winner of the Nobel prize in economic sciences. “They will almost surely be inflationary.”
“Virtually all economists think that the impact of the tariffs will be very bad for America and for the world,” said Joseph Stiglitz, an economics professor at Columbia University and a winner of the Nobel prize in economic sciences. “They will almost surely be inflationary.”
Stiglitz is a hardcore Keynesian. A fucking egghead who sits on the sidelines and speculates while real men build businesses.
Where do we get these idiots who have clearly never negotiated a deal in their lives?
Stiglitz is partisan hack and his other writing are as close to cocksucking Biden as you can find from an economist. I’ll trust the real business experts on this one, not some faculty lounge loser.
Seventeen winners of the Nobel Prize in economics sign letter in support of the President’s Build Back Better package Statementfrom Nobel Laureate economist Joseph Stiglitz
Can't stem the flow of deadly drugs into our country, can't level the playing field with other countries taking advantage of us economically. Nope, nothing can be done.
I love his quote about economists: '' all economists" Its right up there with "97 consensus" that we were all going to be under water now due to global warming. Its billion dollar bullshit. Why are liberals all alike? Its like they aren't aware that there are any sources of information outside of the liberal bubble? It makes them so ignorant.
Trump is a businessman. He doesn't do things like life long politicians, thank God. It is so long overdue for a change.
It does. Inflation hits smaller economies much more quickly and harder on imports than it does ours, the largest economy in the world. Also, where exports are going also plays a role.
We get 25% of our imports combined from Canada and Mexico.
77% of Canada’s exports are to the US.
80% of Mexico’s are to the US.
Tell me who has leverage in this relationship, and don’t use that economist ShitLibz or whatever his name is who thought Build Back Better was amazing policy and endorsed it.
No I said the drug problem could be stopped if you went like full Singapore and just made all offenses the death penalty… also I only claimed inflation was going to go up, "leveling the playing field" is related but not what I argued.
When you misrepresent your opponent's claims it easy to feel like you win an argument but that's what happens in Tug.
Soyour abbey is inflation via tariffs only happens here not in any other country. Whew the 'tardation required for that kind of thinking is next level!
"None of this is supposed to happen under the U.S.-Mexico-Canada trade agreement that Mr. Trump negotiated and signed in his first term. The U.S. willingness to ignore its treaty obligations, even with friends, won’t make other countries eager to do deals. Maybe Mr. Trump will claim victory and pull back if he wins some token concessions. But if a North American trade war persists, it will qualify as one of the dumbest in history."
Typical Dem conflationary argument. Most of their base can't grasp what a conflation is or are morally ok with using one to attempt to "win" an argument.
Ex illegal vs legal immigration
All economists agree tariffs are inflationary (true statement)
How inflationary those economists think tariffs are is a very wide net. (Conflation here)
Again, the Chinese tariffs were essentially unnoticed in inflation statistics after crying in the media that they'd be catastrophic.
They also spent the last 4 years pretending inflation didn't exist so it's about as sincere a concern as "the price of eggs!" One week into Trump's tenure.
Drill baby drill and opening up millions of units of housing currently occupied by illegals will likely have far greater deflationary effects than even 25% blanket tariffs on roughly 25% of imports with no substitution or replacement (there will be).
The US economy is the 800lb gorilla and can more than absorb the effects of this. Especially if it's unleashed in other ways.
Comments
I’ve already explained how targeted tariffs are used in trade negotiations.
I’m not going to do it again.
There it is. Another dipshit TugTard.
@CallMeBigErn, pickup for your Clown Car in this thread.
You're the dipshit.
“Virtually all economists think that the impact of the tariffs will be very bad for America and for the world,” said Joseph Stiglitz, an economics professor at Columbia University and a winner of the Nobel prize in economic sciences. “They will almost surely be inflationary.”
Pick em up!
Didn’t all of those Nobel laureates praise Bidenomics?
Wrong board to be sucking off “experts.”
You're the dipshit.
“Virtually all economists think that the impact of the tariffs will be very bad for America and for the world,” said Joseph Stiglitz, an economics professor at Columbia University and a winner of the Nobel prize in economic sciences. “They will almost surely be inflationary.”
Stiglitz is a hardcore Keynesian. A fucking egghead who sits on the sidelines and speculates while real men build businesses.
Where do we get these idiots who have clearly never negotiated a deal in their lives?
Great source, @AOG
Stiglitz is partisan hack and his other writing are as close to cocksucking Biden as you can find from an economist. I’ll trust the real business experts on this one, not some faculty lounge loser.
Seventeen winners of the Nobel Prize in economics sign letter in support of the President’s Build Back Better package Statement from Nobel Laureate economist Joseph StiglitzStatement • September 20, 2021
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It's not contentious at all... The tariffs will be inflationary according to virtually all economists
One guy says all economists! A guy who is a Democrat donor and hack!
OK guy. What’s your career?
I already made the point they are inflationary.
As to how inflationary? That's a very long debate. One which has a case study with the Chinese Tariffs(which Biden kept).
Definitely Less so than doubling the money supply in four years that the dems and experts cheerled.
All the other counties use them against us. Did they have higher inflation than we did?
size matters here
AOG is another "nothing can be done" liberal.
Can't stem the flow of deadly drugs into our country, can't level the playing field with other countries taking advantage of us economically. Nope, nothing can be done.
I love his quote about economists: '' all economists" Its right up there with "97 consensus" that we were all going to be under water now due to global warming. Its billion dollar bullshit. Why are liberals all alike? Its like they aren't aware that there are any sources of information outside of the liberal bubble? It makes them so ignorant.
Trump is a businessman. He doesn't do things like life long politicians, thank God. It is so long overdue for a change.
size matters here
It does. Inflation hits smaller economies much more quickly and harder on imports than it does ours, the largest economy in the world. Also, where exports are going also plays a role.
We get 25% of our imports combined from Canada and Mexico.
77% of Canada’s exports are to the US.
80% of Mexico’s are to the US.
Tell me who has leverage in this relationship, and don’t use that economist ShitLibz or whatever his name is who thought Build Back Better was amazing policy and endorsed it.
There is a reason he lowered oil to 10%....
No I said the drug problem could be stopped if you went like full Singapore and just made all offenses the death penalty… also I only claimed inflation was going to go up, "leveling the playing field" is related but not what I argued.
When you misrepresent your opponent's claims it easy to feel like you win an argument but that's what happens in Tug.
Soyour abbey is inflation via tariffs only happens here not in any other country. Whew the 'tardation required for that kind of thinking is next level!
"None of this is supposed to happen under the U.S.-Mexico-Canada trade agreement that Mr. Trump negotiated and signed in his first term. The U.S. willingness to ignore its treaty obligations, even with friends, won’t make other countries eager to do deals. Maybe Mr. Trump will claim victory and pull back if he wins some token concessions. But if a North American trade war persists, it will qualify as one of the dumbest in history."
WSJ
Still unable to articulate your own argument Delores? Run along home now, Mommy is calling and the grownups are talking.
Typical Dem conflationary argument. Most of their base can't grasp what a conflation is or are morally ok with using one to attempt to "win" an argument.
Ex illegal vs legal immigration
All economists agree tariffs are inflationary (true statement)
How inflationary those economists think tariffs are is a very wide net. (Conflation here)
Again, the Chinese tariffs were essentially unnoticed in inflation statistics after crying in the media that they'd be catastrophic.
They also spent the last 4 years pretending inflation didn't exist so it's about as sincere a concern as "the price of eggs!" One week into Trump's tenure.
Drill baby drill and opening up millions of units of housing currently occupied by illegals will likely have far greater deflationary effects than even 25% blanket tariffs on roughly 25% of imports with no substitution or replacement (there will be).
The US economy is the 800lb gorilla and can more than absorb the effects of this. Especially if it's unleashed in other ways.