Don't panic over the stock market. Trump is fixing holes in our economy

Yeah, trillions of dollars injected into the economy causes the stock market to boom...who knew?

 

Sounds like you're describing the first time the felon was fake president, when he instantly reversed the trend of lowering the deficit, and gave us deficit funded tax cuts for corporations and the rich.

Of course after that BS he claimed to have "built" the greatest economy in US history. People like you believed him.

Weird to see Trumpies now singing the exact opposite tune. It's kind of exactly like they're in a cult and will repeat whatever nonsense their Felon Daddy wants them too.


(Also; the market's not reacting to the DOGE fake savings. It's reacting to the Trump idiocy and tariffs.)

 

Exactly this and this time he is promising the super rich trillions more in tax cuts. How exactly is that going to lower the deficit?

 

Fixing the economy by rejecting the rules that created the strongest economy in the world? That allowed us to avoid a recession after the pandemic and to have lower inflation than most of the world? The markets merely reflect the confidence of business in these economic decisions. Money is moved from sectors that will be greatly impacted by tariffs to sectors that will be less affected or not affected. And into cash so when the markets fall, people can buy.

 

Author of this opinion piece is also a kooky Trumpy.

 

Please explain to me how imposing tariffs will lower prices by increasing the price of some competitors within an industry?

 

I did. It didn't answer my question. So I asked you (again, as you ducked the question last time I asked you).

 

This feels like Napier explaining how he's going to fix a Spurrier offense.

 

If you’re going to post the article, you really should be able to answer his question.

 

Not to take up for our vinyl-wrapped patriot, but I don't think he can.

 

Only if it is in the article. But it makes sense in the long run. When there is a recession and demand for certain domestic products goes lower, prices for those products will be lower. The key is the economic slowdown that reduces demand. Exporters to the US will shift to other markets if they can and those products won’t be here so we won’t be paying those prices if the products aren’t here. Those that are still imported will still have the tariff charged to the importer though.

 

"Don't worry about your 401K evaporating ... focus on the important stuff, like renaming bodies of water and threatening Greenland"

 

I'm not sure if I can think of a scenario where tariffs caused the domestic price to decrease in the long run. I don't know everything however

 

Actually, I saw this the other day and it may be instructive given this moment. Steel. As I remember it, Carnegie was able to dominate RR and non-structural steel pretty quickly in the 19th Century, but couldn't break Krupp's hold on structural (building) steel. All the developers were still buying Krupp due to its perceived quality. So he lobbied successfully (Trump's boy McKinley, I think), to get tariffs put on German steel and was able then to crack and eventually dominate the structural steel market too.

 

This is one of the real reasons to deploy the tariff tool — when domestic manufacturing needs an edge to compete when they can’t win on their own in the marketplace. There will be reciprocal tariffs, of course, but that is not a strong consideration when you’re focused on recapturing domestic market share (because your goods are not competitive here or abroad).

When your GDP is the highest in the world, and thus your domestic production far exceeds domestic demand, and thus your domestic companies literally depend on foreign consumption to purchase the total production, tariffs are an insane tool.

 

You actually did not either time that I have asked you the question. You told me to read an article that didn't answer my question. I'll ask again: how do tariffs, which lower competitive intensity by increasing costs on some producers/importers, cause inflation to go down?