Posted on 01/01/2020 11:27:16 AM PST by FlipWilson
A new study from the Federal Reserve found that President Trump’s tariffs are backfiring.
According to the Fed study, the tariffs that went into effect in 2018 have led to not only higher producer prices but also a loss of jobs across the U.S. — particularly in manufacturing. . .
(Excerpt) Read more at finance.yahoo.com ...
Here is a prediction for you.
Trump wins the next election, of course. Then after his second term, the democrats get in after they manage to get enough voters salted into red states to turn the election- that is what has been happening if you dont already know.
Then the democrats destroy this economy and turns the US into a out and out socialistic-communistic country.
At that time, the economy means nothing.
Adriana was an intern 1.5 years ago.
Adriana is a syndication intern for INSIDER. She graduated from Marist College with a B.A. in Communications. She has previously worked with Major League Baseball, Hudson Valley Magazine, and the Poughkeepsie Journal.
You can follow her on Twitter @adrianambells, where she’s probably tweeting something about the Yankees, or check out her food Instagram @belmontebakes.
Her are some of her most compelling articles:
Culture
Jul 16, 2018, 8:59 AM
THEN AND NOW: The cast of ‘Mamma Mia’ 10 years later
With “Mamma Mia! Here We Go Again” set to hit theaters in late July, it’s a reminder that it’s been 10 years since the original “Mamma Mia” graced the big screen. From the first film in 2008 to the upcoming sequel, here’s what the “Mamma Mia” cast has been up to.
Health
Jul 1, 2018, 2:43 PM
17 of the most notorious female serial killers
Female serial killers are just as horrifying and dangerous as male ones. From the “Little Old Lady Killer” to the “soap maker of Correggio,” here are some of the most notorious cases of all time.
Health
Jun 29, 2018, 2:30 PM
4 places you can get bedbugs from besides your bed
While it might be obvious to check your bedding for bedbugs, that’s not the only place they could be hiding. The pesky critters could sneak up in some unsuspecting places. Here are four places you’re forgetting to check for bedbugs.
Health
Jun 26, 2018, 1:27 PM
12 of the most despicable quotes attributed to the world’s most notorious serial killers
The world’s most notorious serial killers have infamously said some very chilling things. Here are some of the most despicable serial killer quotes throughout history.
Food
Jun 26, 2018, 12:23 PM
25 things your server wishes you would stop doing
Your server is there to help you create a positive dining experience. But, sometimes restaurant patrons and customers can make that a bit tougher. Here are things your waiters and waitresses wish you would stop doing when you dine out.
Food
Jun 21, 2018, 10:44 AM
14 over-the-top foods that are dripping in gold
These golden food items are totally edible and really impressive. If you’re a foodie on the prowl for the latest Instagram-worthy food trends, these gold food items could be exactly what you’ve been searching for.
Health
Jun 21, 2018, 10:43 AM
5 foods you can eat if you have high cholesterol — even cheese
Too much cholesterol can increase your risk for heart disease, so you may need to watch how you eat. But even if you have high cholesterol, you can still enjoy lots of foods, including certain types of dairy and meat. Here are some surprising foods you can still eat even with high cholesterol.
People
Jun 19, 2018, 11:04 AM
9 of the most chilling last words in history
From performers to writers to tech CEOs, some of the most brilliant minds had some even more chilling words to leave us with before they died. We listed some of the most famous and chilling last words of all time that have been confirmed and have been reported.
Culture
Jun 12, 2018, 10:38 AM
The 23 most ridiculous ‘Bachelor’ and ‘Bachelorette’ job titles of all time
The contestants of “The Bachelor” and “The Bachelorette” are always interesting. But, they’ve had some weird and potentially made-up jobs and job titles. Here are some of the weirdest, wildest jobs ladies and guys on” The Bachelor” and “The Bachelorette” have had.
Culture
Apr 26, 2018, 2:48 PM
The most famous TV show set in every state
From “Roseanne” in Illinois to “Stranger Things” in Indiana, every single state has been home to an iconic TV show. See what show your home state shines in.
She must have gone to the Paul Krugman School of Economics.
He/she/it probably has to pay Yahoo to publish this trash!
Study was done by the Fed, but they haven’t gotten anything right since 1913.
The federal reserve? Oh yeah, I’ll trust them.
She has a better resume than me and I started high school in 2003.
Beat with an ugly stick both in and out.
Who in their right mind would even consider anything the federal reserve does as anything other than elitists robber baron lies.
Gee almost EVERY other country we trade with has very high import tariffs. I wonder why?
No, it is not obvious. Very high tariffs protected US industry and made us number one until 1913.
Ok everything you say is true except we need very high tariffs to stop the bleeding. Removing trade tariffs just invites more trouble than original problem you described. A de industrialized USA is a weak USA.
You may think you are a patriot but to me you are another boring ignorant Free Traitor™.
>>>So you prefer we lose more MANUFACTURING jobs to China?
MANUFACTURING jobs are primarily middle class jobs and the #1 creator of wealth.
Are they? Because it is the service sector that is currently carrying the economy. As I pointed out in earlier posts, manufacturing output and employment have been decreasing througj 2019, yet the economy is doing just fine.
There is not hurt to high import tariffs. They raise revenue and promote US industry. WIN - WIN.
Tariffs don,t hurt. They raise revenue and promote US industry. Don’t buy and don’t pay.
Hey can’t you read???
Don’t reply back if you don’t have something substantive that refutes my rationale.
Yours are confused words by a socialist who calls freedom treason.
So when every last factory has been off shored then what’s in store for the USA?
The Republican Pry used to be THE PROTECTIONIST PARTY prior to WWII. We need to get back to that.
You are a free trade religious zealot so logic and reason go out the window with your type.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.