Here's what Trump is really up to with high-stakes tariff gambit

[Truth Detector]

The S&P 500 rose by more than 55% while Biden was in office. That is not a stock market crash, but respectable growth. If you calculate in inflation, it becomes average growth... But average growth is certainly not a stock market crash. It is higher, not "lower markets"

Dow and the beginning of Biden's Presidency = 43,487
Dow at the end of Bidens Presidency = 30,930
Gain = 12,557 Percent gain = 40.5%

On July 2nd it sank to 39,108 which is lower than it is currently. That's the point being made dumbass.

There was inflation when Biden was in office.

Ya think? Thank you Dr. Obvious.

The economist I have read blame about a third on him, and two thirds on trump, but there was definitely inflation.

That's asinine. Name these so-called economists and links to their claims.

And a lot of people whined about it. So claiming no one whined about it is silly.

Yes, they were Republicans. Democrats tried to play it down and pretend it was "transitory" and no big deal. Moron.

And Biden got that inflation down to within a percentage point of where we want it....

Biden didn't do anything. He didn't even know he was President half the time. Facts:

Inflation has been far worse during the Biden administration, up 20.1% over the first 45 months of Biden’s term compared to 7.1% during Trump’s first 45 months, according to the government’s consumer price index. That equates to annualized inflation rates of 5.4% under Biden and 1.9% under Trump. Year-over-year inflation peaked under Biden at a four-decade high of 9% in 2022 before falling to just over 3%

How The Economy Really Fared Under Biden/Harris And Trump—From Jobs To Inflation (Final Update)

The final economic data is in ahead of the election—here's what the numbers say about the Trump and Biden/Harris economies.

www.forbes.com

Without causing a recession.... Which is amazing.

We did have a recession; Democrats tried to tell us it wasn't really a recession and re-define what recession meant brainless wonder.

Why would anyone whine about a recession that did not happen under Biden?

Another laughably asinine and stupid comment.

That is a serious question.

No, it was a moronic claim.

Republicans kept whining about how there was about to be a recession that never happened.

I find it hard to take this level of ignorance and stupidity seriously.

America is a wait and see mode. We will find out of the next two years what trump's "policies" bring. If they bring the golden age that trumpers claim, that is 100% on trump. If they bring the problems that even trumpers fear, that is 100% on trump.

Indeed, we will. And for the most part, leftist Democratic predictions will look just as moronic as they do today.

But what Americans do know is that never want another four years like Biden gave us.

 

[Walt]

Dow and the beginning of Biden's Presidency = 43,487
Dow at the end of Bidens Presidency = 30,930
Gain = 12,557 Percent gain = 40.5%

You got your beginning and end reversed there. I use S&P, and you use Dow, but neither shows the crash you claim.

 

[Truth Detector]

You got your beginning and end reversed there. I use S&P, and you use Dow,

Yes, I accidentally reversed them. Same result. Flail harder.

but neither shows the crash you claim.

 

[Hawkeye10]

Arnaud Bertrand

@RnaudBertrand
Subscribe


This is quite crazy. According to former Assistant Secretary of Defense Chas Freeman (one of the rare senior US officials that I admire), the Trump administration couldn't even explain to the Japanese negotiating team what they were looking to achieve with the tariffs.Here's what Freeman said: "The Japanese have just been in Washington. Their experience apparently was they went to talk to the American leadership on this matter, and the American leadership said 'what are you offering?' And the Japanese said 'well, what is it that you want?' And the Americans could not explain what they wanted."Freeman also noted, correctly, that "the United States [broke] virtually every agreement it has agreed to in recent decades including the replacement for NAFTA with proposed tariffs on Canada and Mexico that was negotiated by Mr. Trump in his first term." Which doesn't exactly encourage countries to make a deal with Trump: what's the point?Which is why Freeman believes that China won't go for negotiations and has instead decided to "wait [America] out". As he puts it: "What is [China's] incentive to negotiate with the US when the US has no stated objectives that make sense and no record of compliance with its own agreements? I think the Chinese have decided they will wait us out and see how Americans like Walmart and Amazon denuded of products."Fundamentally and somewhat paradoxically, that's the thing Trump the self-anointed "dealmaker" obviously doesn't get: at the end of the day dealmaking is built on credibility and consistency, and America has now neither.

 

[Tbird19482]

Well Trump has broken just about every trade agreement we had with our trading partners along with just about every military agreement we had with our old allies.
Trump has got us where there isn't very many if any countries that trust us anymore.

 

[Lionfish]

 

[Truth Detector]

Arnaud Bertrand
@RnaudBertrand
Subscribe


This is quite crazy. According to former Assistant Secretary of Defense Chas Freeman (one of the rare senior US officials that I admire), the Trump administration couldn't even explain to the Japanese negotiating team what they were looking to achieve with the tariffs.Here's what Freeman said: "The Japanese have just been in Washington. Their experience apparently was they went to talk to the American leadership on this matter, and the American leadership said 'what are you offering?' And the Japanese said 'well, what is it that you want?' And the Americans could not explain what they wanted."Freeman also noted, correctly, that "the United States [broke] virtually every agreement it has agreed to in recent decades including the replacement for NAFTA with proposed tariffs on Canada and Mexico that was negotiated by Mr. Trump in his first term." Which doesn't exactly encourage countries to make a deal with Trump: what's the point?Which is why Freeman believes that China won't go for negotiations and has instead decided to "wait [America] out". As he puts it: "What is [China's] incentive to negotiate with the US when the US has no stated objectives that make sense and no record of compliance with its own agreements? I think the Chinese have decided they will wait us out and see how Americans like Walmart and Amazon denuded of products."Fundamentally and somewhat paradoxically, that's the thing Trump the self-anointed "dealmaker" obviously doesn't get: at the end of the day dealmaking is built on credibility and consistency, and America has now neither.

Lie, lame and brainless. X is your source of information? Wow.

This douchebag is a mouthpiece for China hegemony dipstick.

 

[Truth Detector]

Well Trump has broken just about every trade agreement we had with our trading partners along with just about every military agreement we had with our old allies.
Trump has got us where there isn't very many if any countries that trust us anymore.

I don't think you can post without lying and looking like an unhinged dumbass.

 

[Bai Lan]

View attachment 47541

good.

self reliance is best for us all.

 

[Tbird19482]

I don't think you can post without lying and looking like an unhinged dumbass.

YOU just can't admit Trump is nothing but a big fuck up.
You really have to get your head out of his ass and see what has been going on.