[Miami Rebel]

His insights are spot-on.

If you agree that President Trump inherited a weak economy, you'd probably have to agree also that the tariff jolt will probably lead to a recession in the latter quarters of this year.

[Magic Fingers]

That’ll teach us. We should have just let the grift keep going forever and kept getting screwed by other countries tariffing our goods with no reciprocation. /s

[kaktuskid]

Both Canada and Mexico have had tariffs on our goods for many years.

[central_va]

Miami Rebel = Globalist Free Traitor™

Probably a Democrat....

[central_va]

Tariffs can have several benefits, depending on the context and how they are implemented. Here are a few key advantages:

1. Protecting Domestic Industries: Tariffs can help protect local industries from foreign competition by making imported goods more expensive. This can give domestic companies a better chance to grow and thrive.
2. Generating Government Revenue: Tariffs can be a source of revenue for governments. The money collected from tariffs can be used to fund public services and infrastructure projects.
3. Reducing Trade Deficits: By making imported goods more expensive, tariffs can encourage consumers to buy domestic products, which can help reduce a country's trade deficit.
4. Encouraging Fair Trade Practices: Tariffs can be used as a tool to encourage fair trade practices by penalizing countries that engage in unfair trade practices, such as dumping products at below-market prices or providing excessive subsidies to their industries.
5. Protecting National Security: In some cases, tariffs can be used to protect industries that are vital to national security, such as defense and technology sectors.

[central_va]

Globalist like you have turned the USA into a developing nation. Deindustrialization is national security threat and so are all of you Free Traitors™.

[central_va]

Miami Rebel Since Mar 23, 2023

Free Traitor™ newbee.

[pierrem15]

The GDP numbers will come down if government spending comes down.

Lot's of tut-tutting about the stock market reaction yesterday.

The bottom line is that many US companies have made higher profits through vicious labor arbitrage by outsourcing production and using legal and illegal immigration to drive down wages in the US.

That will come to an end, and the rentier class return on capital will fall as labor's share of national income rises.

Foreign companies see the writing on the wall and realize they need to invest in US production to access the US market. We need to return to US production to raise wages.

If all of this causes causes temporary economic disruptions, tough.

[central_va]

No nation ever imported, retailed and borrowed their way to prosperity.

We are a nation of producers. Consuming is downstream from producting.

[Georgia Girl 2]

Look for food prices to come down around Thanksgiving. As soon as the energy production ramps up all prices will start down.

[Vaduz]

Tariffs, Real Yield Watch, Rising Rents

Code for another excuse to gouge no matter how good the economy is few if any prices drop until sales do.