Liberal Forum

How Trump’s tariff plans could kill jobs and worsen inflation
https://www.cnn.com/2024/04/11/economy/ ... index.html

“The policy is very bad. Tariffs make consumers poorer. They shrink the economy,” Alex Durante, an economist at the Tax Foundation, a right-leaning think tank, told CNN in a phone interview. “This would probably be the most damaging part of a Trump 2.0 economic agenda.”

How damaging? It’s hard to say exactly because there is a lot of uncertainty over how much of Trump’s proposed agenda would actually be enacted. And it’s possible Trump could offset the trade pain by cutting taxes.

 Still, even if Trump used the tariff revenue to fund tax cuts, his proposals for a 10% tariffs on imports and a 60% tariff on Chinese goods would cost the US economy 675,000 jobs, wipe out 0.6 percentage points from US gross domestic product (the broadest measure of the economy) and boost the unemployment rate by 0.4 percentage points, according to Moody’s projections shared first with CNN.

Pissah!

 
 

R.Suave » 12 Apr 2024, 6:45 am » wrote: ↑

12 Apr 2024, 6:45 am

How Trump’s tariff plans could kill jobs and worsen inflation
https://www.cnn.com/2024/04/11/economy/ ... index.html

“The policy is very bad. Tariffs make consumers poorer. They shrink the economy,” Alex Durante, an economist at the Tax Foundation, a right-leaning think tank, told CNN in a phone interview. “This would probably be the most damaging part of a Trump 2.0 economic agenda.”How damaging? It’s hard to say exactly because there is a lot of uncertainty over how much of Trump’s proposed agenda would actually be enacted. And it’s possible Trump could offset the trade pain by cutting taxes.

 Still, even if Trump used the tariff revenue to fund tax cuts, his proposals for a 10% tariffs on imports and a 60% tariff on Chinese goods would cost the US economy 675,000 jobs, wipe out 0.6 percentage points from US gross domestic product (the broadest measure of the economy) and boost the unemployment rate by 0.4 percentage points, according to Moody’s projections shared first with CNN.

Pissah!

 

What's Yuger Than Yuge?

Your ego.

Now go ahead and claim I don't answer questions.

https://www.msnbc.com/morning-joe/watch ... 8695877994

Huey » 12 Apr 2024, 6:49 am » wrote: ↑

12 Apr 2024, 6:49 am

Your ego.

Now go ahead and claim I don't answer questions.

https://www.msnbc.com/morning-joe/watch ... 8695877994

Why lie?

I'll just call you a **** idiot.
 

Goldman Sachs told clients in a recent report that higher tariffs would likely slow GDP growth and boost consumer prices.

 “The direct impact of higher tariffs on GDP is likely to be modestly negative, with the hit to real income and consumer spending from higher prices outweighing the decline in the trade deficit,” Goldman Sachs economists led by Jan Hatzius wrote.


Ibid.




Sounds awesome.

R.Suave » 12 Apr 2024, 6:51 am » wrote: ↑

12 Apr 2024, 6:51 am

Why lie?

I'll just call you a **** idiot.
 

 

     

Huey » 12 Apr 2024, 6:54 am » wrote: ↑

12 Apr 2024, 6:54 am

   

He's coming right out of the gate with his "nuh uh!" **** this morning...

 
 

Huey » 12 Apr 2024, 6:54 am » wrote: ↑

12 Apr 2024, 6:54 am

   

Indisputable.

*rippy38 » 12 Apr 2024, 7:00 am » wrote: ↑

12 Apr 2024, 7:00 am

He's coming right out of the gate with his "nuh uh!" **** this morning...

Hiey likes math, too.
 

R.Suave » 12 Apr 2024, 6:54 am » wrote: ↑

12 Apr 2024, 6:54 am

Goldman Sachs told clients in a recent report that higher tariffs would likely slow GDP growth and boost consumer prices.

 “The direct impact of higher tariffs on GDP is likely to be modestly negative, with the hit to real income and consumer spending from higher prices outweighing the decline in the trade deficit,” Goldman Sachs economists led by Jan Hatzius wrote.

Ibid.

Sounds awesome.

Propaganda for braindead biden!!!  What has braindead biden's 18% inflation done to "consumer spending" and "real income"?
 

R.Suave » 12 Apr 2024, 7:12 am » wrote: ↑

12 Apr 2024, 7:12 am

Hiey likes math, too.
 

 

LMAO!

Huey » 12 Apr 2024, 7:31 am » wrote: ↑

12 Apr 2024, 7:31 am

LMAO!

Toady on typo patrol.

Buffalo » 12 Apr 2024, 7:13 am » wrote: ↑

12 Apr 2024, 7:13 am

Propaganda for braindead biden!!!  What has braindead biden's 18% inflation done to "consumer spending" and "real income"?

What happened last time he tried it?

The architect of that policy is......doing time...

 

R.Suave » 12 Apr 2024, 7:47 am » wrote: ↑

12 Apr 2024, 7:47 am

Toady on typo patrol.

 

Your rules, Princess.  

Huey » 12 Apr 2024, 7:56 am » wrote: ↑

12 Apr 2024, 7:56 am

Your rules, Princess.

Not typos, Tiny.


 

R.Suave » 12 Apr 2024, 8:00 am » wrote: ↑

12 Apr 2024, 8:00 am

Not typos, Tiny.

Sure, Anal one,whatever you say.  Shrug. 

Huey » 12 Apr 2024, 8:02 am » wrote: ↑

12 Apr 2024, 8:02 am

Sure, Anal one,whatever you say.  Shrug.

Would you like to run from an example?

R.Suave » 12 Apr 2024, 8:03 am » wrote: ↑

12 Apr 2024, 8:03 am

Would you like to run from an example?

 

While I am not running anywhere you go ahead do you.  Do you thing.  You don't need my permission.  

https://www.dol.gov/agencies/ilab/repor ... t-of-goods

Here are some good places to began......rest assured what you see here is just the tip of the iceberg.
Anyone who supports doing business with these countries without penalizing them in some way ARE SUPPORTING A RACE TO THE BOTTOM that our domestic manufacturers and producers should not have to compete against.

"List of Goods Produced by Child Labor or Forced Labor
The Bureau of International Labor Affairs (ILAB) maintains a list of goods and their source countries which it has reason to believe are produced by child labor or forced labor in violation of international standards, as required under the Trafficking Victims Protection Reauthorization Act (TVPRA) of 2005 and subsequent reauthorizations. The List of Goods Produced by Child Labor or Forced Labor comprises 159 goods from 78 countries and areas, as of September 28, 2022."

R. Suave » 12 Apr 2024, 6:45 am » wrote: ↑

12 Apr 2024, 6:45 am

How Trump’s tariff plans could kill jobs and worsen inflation
https://www.cnn.com/2024/04/11/economy/ ... index.html

“The policy is very bad. Tariffs make consumers poorer. They shrink the economy,” Alex Durante, an economist at the Tax Foundation, a right-leaning think tank, told CNN in a phone interview. “This would probably be the most damaging part of a Trump 2.0 economic agenda.”

How damaging? It’s hard to say exactly because there is a lot of uncertainty over how much of Trump’s proposed agenda would actually be enacted. And it’s possible Trump could offset the trade pain by cutting taxes.

 Still, even if Trump used the tariff revenue to fund tax cuts, his proposals for a 10% tariffs on imports and a 60% tariff on Chinese goods would cost the US economy 675,000 jobs, wipe out 0.6 percentage points from US gross domestic product (the broadest measure of the economy) and boost the unemployment rate by 0.4 percentage points, according to Moody’s projections shared first with CNN.

Pissah!

 
 

the whole is equal to total sum of all its parts now here in ever changing forms never same details as before, again. Called evolving in specificity of being part of the whole so far.

There is a universal balance point between past, current evolving, future additions and subtractions working exponentially here now existentially as occupying space now. Series is equal to spontaneous and parallel is equal to simultaneous. evolving as universally present keeps everything specifically what is evolving forward now universally here.

Movements vs static barriers of things perpetually balancing together as a whole. Now is eternity and past to future is eternal separation of results currently occupying time they have adapting as displaced in ever changing form between inception to conceiving another generation gap to death of previous generations to arrivals not reproduced again. Extinction event happens when great great grandchildren aren't added anymore.

Why extinction happens regardless how next generations stop arriving one at a time. Last generation gap arrived never parenting another generation, point of no return is established.

As an individual, siblings, generation gap, ancestral lineage, race, creed, color, national origin, gender arrived, gender chosen after birth, ideology assumed cradle to grave, species, food chain native to one universal location. Evolving includes the time the universe is "What it becomes here so far.".

New arrivals to old methods never exceeding the evolving taking place here as specifically done by numbers occupying space uniquely alive, now. Saving humanity or avoiding it.

Huey » 12 Apr 2024, 6:49 am » wrote: ↑

12 Apr 2024, 6:49 am

Your ego.

Now go ahead and claim I don't answer questions.

https://www.msnbc.com/morning-joe/watch ... 8695877994