T. A. Gardner
Thread Killer
I pointed that out already...
Trump tariffs create budget surplus
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LurchAddams
There Can be Only One!
I know - if you're a member of the trump cult, as TA is - you have to try to gaslight as much as possible
LurchAddams
There Can be Only One!
Oh, no! Did another trumptard cherry-pick a statistic and try to make it indicative of a trend? Color me shockedThanks for the interesting illustration of cognitive bias, gullibility, and poor source material. The reality, courtesy of a two-second Google search:
Not that easy, some of that “surplus” is also from the Government cutting, even with it, deficit spending has increased for the fiscal quarter. Import numbers have been high so far but eventually importer’s aren’t going to sustain the current levels with profits decreasing, and when the effects hit the consumer, demand for imports will decreaseFor the first time since Trump's first term, the federal government has a budget surplus due to tariffs taken in. You're not likely to hear about that on any MSM news channel other than maybe FOX.
U.S. posts surprise $27 billion budget surplus in June, boosted by tariffs
U.S. Posts First Monthly Budget Surplus Since 2017 Amid Tariff Windfall
U.S. Posts First Monthly Budget Surplus Since 2017 Amid Tariff Windfall - EconoTimes
Just a week after President Donald Trump signed the Big Beautiful Bill into law, the U.S. Treasury surprised markets with a rare budget surplus for June 2025. The federal government reported a $27 billion surplusthe first...www.econotimes.com
US government reports historic $258 billion surplus boosted by tariff revenues
US government reports historic $258 billion surplus boosted by tariff revenues
The U.S. government has delivered its first monthly surplus in its 2025 fiscal year, the second-largest monthly surplus in history.thenationaldesk.com
Even Smoot–Hawley tariffs were successful when first enacted
LurchAddams
There Can be Only One!
I literally laughed out loud at this response. It's a short term, one-month surplus! Overall our deficit is still climbing! Either you know this and you're gaslighting or you're not very smart.
T. A. Gardner
Thread Killer
I like how the MSM and Left keep predicting economic disaster, doom and gloom. It's sort of like listening to them on Gorebal Warming. "The Earth is doomed, doomed I tell you! It's going to end in fiery destruction if we don't listen to Greta Thunberg and Al Gore!"Yes, our economy is running on crack now. As soon as the effect of the tariffs hit consumers, incomes, and thus tax revenues will drop and as the deficit grows, we're all hurtling towards disaster.
"Trump and members of his administration tout the positive economic reports as signs that tariffs are working. However, the chorus of concern is growing: Prices are moving higher, and economists say this is just the beginning."
I hope the trump cult enjoys this short-term glory
Ah, your seller is the importer, and to say “they may or may not raise their prices” reflects a total “ignorance of the real world”
T. A. Gardner
Thread Killer
And that's the problem with tariffs. In the long run, the market adjusts to avoid them or otherwise deal with them. For example, the infamous "Chicken Tariff" on light trucks. The Japanese didn't want to pay a 25% tariff to import light trucks to the US so they build factories and parts plants in the US and now dominate the light pickup truck market the exact thing the tariff was supposed to prevent. But they did it by manufacturing in the US, so it was really to America's benefit.
Ain’t happening, coffee is going to get nothing but more expensiveLet me know if you need to find coffee on sale...
Coffee prices rise again after Trump slaps Brazil with 50% tariffs
Arabica coffee futures on the Intercontinental Exchange rose to $288.67 per pound, a 0.99% daily gain.
nypost.com
T. A. Gardner
Thread Killer
It's a surplus. It's the opposite of what the MSM and Democrats were predicting. Even if it doesn't continue, the reduction in the deficit is likely to. That is, tariffs are having a positive impact on the economy right now, and not just for one month.
Problem with tariffs is that they never work, and with the chaos confusion aspect this President adds, they certainly aren’t going to work this time either, and especially near the levels needed to pay off the big beautiful bill
And the “plan” that more will be invested in the U.S. is risky at best, all these “big deals” Trump photo shoots are missing details, and none of that is by accident. Besides, any new plant built will be operated by AI, not human labor
As was said, even Smooth Hawley created a surplus when it was first instituted, and we all know what happened afterwards
Should be repeated....often.
T. A. Gardner
Thread Killer
There is an indisputable chronological correlation between the tariff and phenomenal economic growth. From the late 18th to the early 20th twentieth centuries, the United States steadily developed into the most successful economy in the world.
When Tariffs Worked
In exposing venality, the tariff kept government small, the secret to the economy's great success over half our history
www.forbes.com
Examples of US Tariffs [2025]
A tariff is a tax on imports. When foreign goods cross America’s borders, U.S. Customs and Border Protection collects these fees from importing companies. That simple definition masks a reality that shapes everything from the price of your morning coffee to the fate of entire industries. Today’s...
govfacts.org
The Chicken Tax: The Tariff on Poultry that Reshaped the U.S. Auto Industry
How a Poultry Tariff Changed the U.S. Auto Industry
economicorigins.com
So, you are full of shit. Tariffs don't always work, but than can work successfully to reshape markets and change the trajectory of industries.
TOP
Retired Teacher
I get it on sale all the time...Ain’t happening, coffee is going to get nothing but more expensive
Coffee prices rise again after Trump slaps Brazil with 50% tariffs
Arabica coffee futures on the Intercontinental Exchange rose to $288.67 per pound, a 0.99% daily gain.
LurchAddams
There Can be Only One!
The people predicting disaster, due to trump's fucking around with tariffs are non-partisan. Just because they don't agree with your maniac cult leader is not justification for your dismissal.
'A major red flag for Republicans' as Trump's policies threatens their future
According to a new poll commissioned by Politico should be considered a "red flag" by Republicans already eyeing the 2026 midterms.Despite not totally going into effect, the president is fast losing support even from some of his most ardent fans over his trade war with Politico reporting that a...
www.rawstory.com
"Despite not totally going into effect, the president is fast losing support even from some of his most ardent fans over his trade war with Politico reporting that a "quarter and nearly half of people who voted for Trump in 2024 have doubts about various elements of his tariff policies."
Trump may not be on the ballot in 2026, but his policies -- for better or worse –– will have a major bearing on whether the GOP can hold both chambers of Congress."
Ruh roh, George! Things aren't looking good for trump cult support during the next few election cycles! You do have a right to be terrified!
LurchAddams
There Can be Only One!
So what? You were predicting a "red wave" in 2018. Predictions can be wrong, whether you're a Republican or one of your hated Dems.
Yeah - you don't know what you're talking about - all people now, Republicans and Democrats are prediction a 4 trillion growth in the deficit.
Totally wrong, as usual.
T. A. Gardner
Thread Killer
Some are, many are not. The issue is most of them, possibly all, don't like sudden, massive, changes in the market. They want the same-o, same-o, and stability because it's good for them even if it's not good for the market as a whole.
T. A. Gardner
Thread Killer
I predicted back then that Congress would flip, and it did, but I didn't cheer that it would be a massive shift either.
Actually most are claiming 9 trillion over 10 years or less than 1 trillion a year. That's mostly due to forced, mandatory, spending programs on social-welfare like Medicare and the like.
Are you saying they're having a net negative when the economy is growing, and they are bringing in sufficient revenue to offset most or all of the budget deficit?