Yesterday 5:00 am
Any other predictions?JohnEdgarSlowHorses » 11 Sep 2024, 5:12 pm » wrote: ↑ Not might, will win this election.
America is going FORWARD.
America will not tolerate nor can it afford to go BACKWARDS to Trumps failed policies.
This administration has done a dandy job with the economy. Kamala's policies as she outlined in the debate will propel America forward.
Trump's policies will add to the deficit. Same old play book, permanent tax cuts for the wealthy, give the middle class a few craps (and take them back a few years later). Trade wars do not work. You like these high prices? Tariffs the Orange Man implemented make prices higher.
What are you afraid of? You racists afraid of your white milk turning cocoa ? America needs immigrants. Diversity.
Diversity = Strength.
Wise up, get on Harris / Walz Train. This one is leaving the station with or with out you.https://www.forbes.com/sites/alisondurk ... at-debate/
- Goldman Sachs economists led by Ronnie Walker projected prices on consumer goods would go up by 0.1% for every percentage increase in the effective tariff rate and raise inflation rates for one year, noting that in addition to the price of imported goods going up, it’s also likely the price of domestic goods would increase, because U.S. manufacturers would “opportunistically” raise their prices to take advantage of having less competition in the marketplace.
- Economists also broadly believe Trump’s proposed tariff plan would hurt the U.S. economy, with an analysis by the nonpartisan think tank Peterson Institute for International Economics (PIIE) concluding the proposal would “[inflict] significant collateral damage on the US economy,” citing a range of factors including decreased consumer spending, increasing unemployment rates and worse economic growth.
- Moody’s projected Trump’s tariff plan would result in a reduction of 675,000 U.S. jobs and increase the unemployment rate by 0.4%, with Moody’s chief economist Mark Zandi telling CNN, “If Trump increases tariffs as he has proposed, the economy would likely suffer a recession soon thereafter.”