Who pays for tariffs update
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“What means something is if you look at trade deficits in proportion to prosperity, the higher the trade deficits, the more prosperity. The lower the trade deficits, the less prosperity. We get a reduction in trade deficits when we go into a recession. We get an expansion of trade deficits when we’re in a boom. So really nothing about a trade deficit gives any real useful instruction to the economy.”
You know, when Rand is right, he's right.
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So we should just run up larger and larger trade deficits every year and that guarantees boom times.
Ok.
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We've got large trade surpluses in services. I'm gonna guess you don't wish you lived in China or Vietnam just because we are in deficit with them when it comes to Walmart T-shirts.
Comparative advantage? Adam Smith? Ring any bells?
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Explain why reciprocal tariffs are contrary to Adam Smith’s free market writings
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Renowned economist H is back in ECON 101 with his basic-level knowledge of Adam Smith’s beliefs.
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You could reconcile reciprocal tariffs with Adam Smith’s work, I would think. But you’re not operating under the delusion that Daddy’s tariffs are actually reciprocal I hope.
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When Daddy pretends he won something and stops this nonsense the stock market will rally?
No shit!
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He's out of his fucking mind at least with China. The rest are crazy. Try to imagine if Biden pulled some kind of lunatic stunt like this.
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LOL! Biden was too busy extorting money from most of that list. Selling influence for personal gain. Funny thing though, you and your fellow rats seemed to show zero interest in his corruption. Wonder why that is?
The lack of fair trade with every country on that list should bother all Americans but the left seems to have zero problems with it. Trade imbalance has decimated the middle class and made the rich richer but rats don't care about that. They just hate Trump. You people are fucking sick in the head.
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Biden ran a criminal enterprise
Da Fuq out of here with your bullshit.
Retard.
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Let's pretend you didn't use Kudlow as a source to contiue to whine like a bitch about tariffs
No shit
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You guys are completely brainwashed. I guess you don't need money or a job either.
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Jesus is my stock broker
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You can tell which posters here have never worked in the private sector, never worked for a business that's bootstrapped with no outside funding, etc.
We?ll be just fine. We? were always going to be.
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But did he call NVDA like Buck?
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Jesus managed his own 401k.
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You're crazy
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You're crazy
What Is your actual real life experience in the world of private business? Your posts are dud after dud, so give something somewhat interesting and comment on it if you can.
You’re posting charts and tables and have no idea what they mean.
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Fuck you
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BidenBros are gonna be paying more for butt plugs!
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China crumbles economically without the US market.
At one point, if you owe the bank some money, the bank owns you. But when that amount grows exponentially, you own the bank.
Trump owns China.
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Martin Selig approves of this message
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Chrissy, I will go full Ross Perot on you and get out the pie charts. Don’t make me do it
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Can I finish? Larry can I finish?
CNN had Crossfire followed by Larry King. No cable Fox.