Trump tariffs create budget surplus

Not a business guy, but am content to wait'n'see.

FWIW, given all of the Trumpian lies in less than six months, I don't have a lot of hope. Especially after he's flip-flopped on so many promises. Not just "failed to fulfill a promise", but actually broken them.

As mentioned to @Damocles, while it's expected the Democrats will bitch and moan, it's when the MAGAs start bitching and moaning about Trump that his presidency becomes very interesting. LOL

My apologies, it was @Poor Richard Saunders who described the temporary surpluses due to quarterly tax payments.

Whatever little business education Trump managed to squeak out was over half a century ago. Almost all economists agree that tariffs do more harm than good to the economy. But he knows more than them. *eyeroll*
 
Thanks, but that dumbass pig blocked me ages ago, too lazy to read anything longer than a meme anyway. Still, I bet she’s sneaking peeks at my posts, too vain to resist. Her stupidity is staggering, but what really floors me is her seething hatred for @TOP. I’ve never seen TOP sling anything close to the vile, direct insults she and her ilk spew daily, it’s got to be raw jealousy eating her alive.

TOP’s actually liked around here, while she’s stuck with a sad little fan club of delusional, brain-dead, twisted losers who’d rather gargle her nonsense than think for themselves. It must sting. Every time she opens her mouth, flashing that nicotine-stained tooth to any poor soul in range, her deranged sycophants trip over themselves to smash the thumbs-up button, pledging their undying loyalty like the pathetic drones they are.
The fucking irony here is beyond reason. But it did give me a long, healthy laugh.

Thanks, Toby. You always come through with something funny.

Schooling lesson for today:

If you are going to talk about someone being vile, insulting, and deranged...you gotta tone it own a notch or three.

Really!
 
IDK. Are we making money? You take the word of Trump's sycophants but I'd love to see the actual numbers.

If the budget surpluses last longer than a month, I'll be among those applauding despite Trump signing a bill that increases the national debt by $3.4T. We, the People, could certainly need the money to pay off debt instead of just kicking the can down the road for your children to pay off.
Well, the OP article says that we have a surplus in a month we normally would not... Which means someone is paying tariffs, this could not happen unless your "always chickens out" is simple misinformation for simple minds.

I agree that the debt is absurdly high, the only way to pay off the debt is growth though, the percentage of growth must be above the inflation rate or we just lose ground.

The idea that we can magically take every dime from Elon and we'd pay the debt is absurd, the "top 1%" own about 5 Trillion of "stuff", 33 Trillion in debt would hardly be dented.

I do like the idea of growth in AI and "green" technology, just not to the detriment of other technology and without the instant negative judgement on Nuclear power and not solely through government grants/investment. The feasibility of this technology always resides with the cost, we should not hide the cost with government supplements convincing idiots that it's "cheaper" and "self-sustaining" when it hasn't reached that level yet. When the cost to the environment is a net positive from a windmill everyone will want one, hiding that it isn't cost effective with subsidies is IMHO, unethical.

I say this as a person who installed solar power knowing that it would take 30 years to pay back the installation, with a technology that lasts about 20 years. I did it not to save the world, but so that I have power when the power "collective" we have in this area once again fails to keep the power on...

Anyway... Agree. Debt is bad. However, this thread is about the fact that we are collecting money from tariffs, and that the month of June had a surplus because of this, which tells me that someone didn't "always chicken out".
 
Yeah. That is another thing he has in common with the late Adolf Hitler. Hitler also was rude.

Godwin's law violation.
The many anecdotes about the crudeness of LBJ MAY have some basis in truth. But there are very few documented cases of that crudeness that come even close to matching what Trump does daily in public.

They are well documented.


And LBJ did not get us into Vietnam. You should know that.

Yes, he did. Up to that point the number of US troops in Vietnam numbered in the hundreds and they were all there as instructors and advisors, not in combat roles. That was true for both Eisenhower and Kennedy. LBJ used the lie about the Gulf of Tonkin incident to send in tens of thousands of troops and open up a ground and air war.
LBJ did not administrate by fiat. The Great Society policy was enacted by Congress...and it was not a failure, it was a success.

Yes, he did. See the above links for starters.

As for the Great Society:


The climax of that failure came with the infamous Watts riots.

If you want to think it was motivated by a desire to get black votes...you are free to do so. If I want to consider it motivated by a desire to eliminate poverty as much as possible and to aim at reducing racial injustice...I am, for the moment, still free to do so.

I showed clearly in the above links it was. LBJ was both dismissive and hateful towards Blacks. He regularly called them the N word usually with some vulgarities tossed in.
NOTHING makes Trump look like a choirboy. NOTHING except in the mind of people devoted to kissing his ass while he destroys our Republic, TA.

He's not "...destroy(ing) our Republic." Now, for recent attempts look no further than Biden's open borders policies. Sure the Biden administration denied that was the case, but all the evidence points to exactly that.


Biden more than doubled the population of criminal aliens in the US in just four years. He let in an unknown number of likely terrorists along with the criminals. That is purely an attempted destruction of our society.
I am not asking that Trump become a "nice guy." It would be nice, though, if he were a bit less of a pompous, narcissistic, bloviating piece of shit.
Nor am I. That would be nice, but Trump is a "bulldozer" personality. We just have to put up with that for the next three and a half years. Also, in politics, always remember, nice guys finish last.
 
The fucking irony here is beyond reason. But it did give me a long, healthy laugh.

Thanks, Toby. You always come through with something funny.


Schooling lesson for today:

If you are going to talk about someone being vile, insulting, and deranged...you gotta tone it own a notch or three.

Really!
So, Rossy the Biden is back at it, pudding time is over. I'm starting to get it now, cranking up the font size, slapping on some bold for flair, tossing in a weak “irony” claim, and faking a chuckle is what you, a two-time letter-to-the-editor hack, call schooling me. Hilarious, I’m actually laughing, no acting required, unlike your pathetic performance.

I’m still waiting for a shred of wit to back up that inflated ego you keep bragging about. Remember? First, it was two letters to Newsweek, then you magically bumped it to 200, and what, a Pulitzer thrown in for kicks? I bet your wife or 'partner' mistook two inches for eight in for a long time too.

Also, I love the new “fucking” in your rant to toughen up the libtard image. Taking cues from your party’s playbook, huh? Thinking a few four-letter words will herd the brain-dead sheep back into the fold? Very cute. Let me play, thanks for the world-class schooling, you fucking fossilized, senile windbag, I’m dying from your fucking elusive brilliance over here. LOL Did I sound tougher like you did?? What a dumbass.
 
Well, the OP article says that we have a surplus in a month we normally would not... Which means someone is paying tariffs, this could not happen unless your "always chickens out" is simple misinformation for simple minds.

I agree that the debt is absurdly high, the only way to pay off the debt is growth though, the percentage of growth must be above the inflation rate or we just lose ground.

The idea that we can magically take every dime from Elon and we'd pay the debt is absurd, the "top 1%" own about 5 Trillion of "stuff", 33 Trillion in debt would hardly be dented.

I do like the idea of growth in AI and "green" technology, just not to the detriment of other technology and without the instant negative judgement on Nuclear power and not solely through government grants/investment. The feasibility of this technology always resides with the cost, we should not hide the cost with government supplements convincing idiots that it's "cheaper" and "self-sustaining" when it hasn't reached that level yet. When the cost to the environment is a net positive from a windmill everyone will want one, hiding that it isn't cost effective with subsidies is IMHO, unethical.

I say this as a person who installed solar power knowing that it would take 30 years to pay back the installation, with a technology that lasts about 20 years. I did it not to save the world, but so that I have power when the power "collective" we have in this area once again fails to keep the power on...

Anyway... Agree. Debt is bad. However, this thread is about the fact that we are collecting money from tariffs, and that the month of June had a surplus because of this, which tells me that someone didn't "always chicken out".
Thanks. Not a business guy, but I do understand trends. If it becomes a trend, then good.

Disagreed about "the only way". While I voted for Reagan twice and agreed with him that constantly taxing the rich wasn't the best solution, after 45 years, it's clear GHW Bush was correct about "Voodoo economics". In short, we need a balance between taxes and cutting costs. It's one thing to cut the fat, but Republicans have been whacking at meat and bone for over a decade and all we see is the rich get richer and the national debt keeps rising. What's wrong with this picture?
 
Thanks. Not a business guy, but I do understand trends. If it becomes a trend, then good.

Disagreed about "the only way". While I voted for Reagan twice and agreed with him that constantly taxing the rich wasn't the best solution, after 45 years, it's clear GHW Bush was correct about "Voodoo economics". In short, we need a balance between taxes and cutting costs. It's one thing to cut the fat, but Republicans have been whacking at meat and bone for over a decade and all we see is the rich get richer and the national debt keeps rising. What's wrong with this picture?
Nobody attacks the spending. Even when the budget was "balanced" for four years running by Newt and the GOP congress during Clinton's term they simply stole from Social Security (that lockbox was not locked) and pretended that taking it from the right pocket and leaving IOUs for Social Security later was fiscally responsible.

We will have to balance, some things like later retirement for young kids coming into the market are going to have to hit our radar. We cannot have a welfare economy and invite all comers to the US either, if you do both you will bankrupt yourself.
 
You can claim it but it doesn't make it true.



Your claim only has some--some--validity when discussing presidents. When discussing parties, the picture is much more of one that Democrats lead to economic disaster.

 
You can claim it but it doesn't make it true.



Your claim only has some--some--validity when discussing presidents. When discussing parties, the picture is much more of one that Democrats lead to economic disaster.

I am NOT the one calming it I posted links that say it does.
Take some time and read them.
 
Nobody attacks the spending. Even when the budget was "balanced" for four years running by Newt and the GOP congress during Clinton's term they simply stole from Social Security (that lockbox was not locked) and pretended that taking it from the right pocket and leaving IOUs for Social Security later was fiscally responsible.

We will have to balance, some things like later retirement for young kids coming into the market are going to have to hit our radar. We cannot have a welfare economy and invite all comers to the US either, if you do both you will bankrupt yourself.
Again, not a business guy, but if the books aren't balanced then those in charge should balance them. For most families that means raising revenue and/or cutting costs. I fail to see why our government is any different.

Agreed on not having a welfare economy nor inviting "all comers" to the US, but closing the doors to low income workers is not the answer either. The reason your kids are going to have to retire in their 80s or whenever is because the nation is growing older and lacks younger workers to fill the labor force. This is a problem seen in all highly industrialized nations. The White Nationalist answer is to ban abortion and encourage white people to have more babies. IMO, that's a stupid and short-sighted solution.
 
Again, not a business guy, but if the books aren't balanced then those in charge should balance them. For most families that means raising revenue and/or cutting costs. I fail to see why our government is any different.

Agreed on not having a welfare economy nor inviting "all comers" to the US, but closing the doors to low income workers is not the answer either. The reason your kids are going to have to retire in their 80s or whenever is because the nation is growing older and lacks younger workers to fill the labor force. This is a problem seen in all highly industrialized nations. The White Nationalist answer is to ban abortion and encourage white people to have more babies. IMO, that's a stupid and short-sighted solution.
The government relies on idiots to vote for them who refuse to accept any "lower" amount from their "entitlements". Even with me mentioning a later retirement for some folks in the workforce (folks live waaay longer than when SS was instituted, we need to adjust)... you will find some folks think that I want to "push grandma off a cliff", they'll run ads, idiots will believe them and vote for folks that refuse to adjust any spending... And rinse and repeat.
 
You can claim it but it doesn't make it true.



Your claim only has some--some--validity when discussing presidents. When discussing parties, the picture is much more of one that Democrats lead to economic disaster.

Well according to this and the other links the Dems are better for our economy.
I tried to find links with nice pretty charts so it wouldn't be hard for you to understand.
And another fact is Trump is one of the very few Presidents to leave office with LESS people working then when he took office.
 
The government relies on idiots to vote for them who refuse to accept any "lower" amount from their "entitlements". Even with me mentioning a later retirement for some folks in the workforce (folks live waaay longer than when SS was instituted, we need to adjust)... you will find some folks think that I want to "push grandma off a cliff", they'll run ads, idiots will believe them and vote for folks that refuse to adjust any spending... And rinse and repeat.
Democracy sucks? LOL

I think one reason why those on the Left think those on the Right want to push Granny off a cliff is because those on the Right are enriching themselves at the cost of Granny. Trickle down economics doesn't work.

While there's a valid point about people living longer, I don't consider the life expectancy of 74 in 1980 to be "waaay longer" than the life expectancy of 80 in 2025. The current age of full retirement benefits is 67. What age do you want to raise it to for your kids? Do you want them to work until 70 or 75 to collect medicare too thereby forcing them to work simply for medical benefits?


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I am NOT the one calming it I posted links that say it does.
Take some time and read them.
So? One link is not the be-all, end-all, of the subject. I read your link. "Presidents." That doesn't mean parties. The Democrats are far worse for the economy by party. That's what counts. What you are doing is a cherry-picking fallacy. Presidents do not, by themselves, determine what the federal budget is. They don't get to create legislation and new bureaucracy out of thin air for the most part. That means what counts in this discussion is PARTIES. And it is the Democrats on the whole that bust budgets and create huge new deficits. Republicans do it too but not on the scale and longevity that Democrats do.

Social-welfare programs have gone from nothing to almost two-thirds of the US federal budget, and nearly all of those programs were created by Democrats. Those programs are also off limits to budget cuts, and many have automatic spending increases "for inflation..." built in.
 
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