Liberal Forum

Blackvegetable » 07 May 2025, 5:36 am » wrote: ↑

07 May 2025, 5:36 am

Doubt it.

Doubt it.

You must consider these "positives"

Despite the gains, collections still fell far short of the lofty claims made by the president. During an Oval Office meeting on April 14, Trump declared, "Now we're making $3 billion a day." However, official data show the daily average was just $918 million — less than a third of Trump's claim.....

A Barron's analysis also found that "tariff revenue remains far below the amount collected through individual income taxes," noting that fully replacing income taxes would require an average tariff rate of 74 percent — a level economists say would effectively sever the U.S. from global trade.

The Penn Wharton Budget Model (PWBM) estimated that the tariffs imposed as of April 8 would generate $5.2 trillion over a decade, but at the cost of slashing U.S. GDP by 6 percent and lowering wages by 5 percent over the long term.


"These losses are twice as large as a revenue-equivalent corporate tax increase from 21 percent to 36 percent," the Penn Wharton team said in their April analysis.

The immediate impact on households could be sharp. The Tax Foundation projects that the tariffs will function as the largest tax hike since 1993, with an average cost of $1,243 per American household this year alone. Household after-tax incomes are expected to fall by about 1.2 percent in 2025.

 Middle-class families are likely to bear the brunt of the fallout. According to Penn Wharton, a typical middle-income household could lose around $22,000 in lifetime earnings because of the tariffs.


 

Your so called positives are counter productive to universal perpetual balancing outcomes left alive individually evolving as eternally separated each rotation forward now.

Your doubts are your choices to not accept all you have been since a fertilized cell delivered your current chromosomes.

JohnnyYou » 07 May 2025, 6:03 am » wrote: ↑

07 May 2025, 6:03 am

Which is what you have between your legs.

Enjoy thy thumb up yo azz.. Nobody is going to be able to afford baseball tickets this year.

Yankees averaging 41,683 this year second only to the Phillies 

Blackvegetable » 03 May 2025, 1:59 pm » wrote: ↑

03 May 2025, 1:59 pm

When the bar for intelligent thought is the ground, I bring a shovel. 

You are owed 140 dodges.

Ask yourself why. 
 

Blackvegetable » 07 May 2025, 5:36 am » wrote: ↑

07 May 2025, 5:36 am

Doubt it.

Doubt it.

You must consider these "positives"

Despite the gains, collections still fell far short of the lofty claims made by the president. During an Oval Office meeting on April 14, Trump declared, "Now we're making $3 billion a day." However, official data show the daily average was just $918 million — less than a third of Trump's claim.....

A Barron's analysis also found that "tariff revenue remains far below the amount collected through individual income taxes," noting that fully replacing income taxes would require an average tariff rate of 74 percent — a level economists say would effectively sever the U.S. from global trade.

The Penn Wharton Budget Model (PWBM) estimated that the tariffs imposed as of April 8 would generate $5.2 trillion over a decade, but at the cost of slashing U.S. GDP by 6 percent and lowering wages by 5 percent over the long term.

"These losses are twice as large as a revenue-equivalent corporate tax increase from 21 percent to 36 percent," the Penn Wharton team said in their April analysis.

The immediate impact on households could be sharp. The Tax Foundation projects that the tariffs will function as the largest tax hike since 1993, with an average cost of $1,243 per American household this year alone. Household after-tax incomes are expected to fall by about 1.2 percent in 2025.

 Middle-class families are likely to bear the brunt of the fallout. According to Penn Wharton, a typical middle-income household could lose around $22,000 in lifetime earnings because of the tariffs.

Did revenue go up? A simple yes or no will suffice.
 

Cedar » 07 May 2025, 11:47 am » wrote: ↑

07 May 2025, 11:47 am

Did revenue go up? A simple yes or no will suffice.
 

was spending cut?

Cedar » 07 May 2025, 11:47 am » wrote: ↑

07 May 2025, 11:47 am

Did revenue go up? A simple yes or no will suffice.

yes...

But, duh....

Blackvegetable » 03 May 2025, 1:59 pm » wrote: ↑

03 May 2025, 1:59 pm

“I don’t know who came up with that formula — but it doesn’t surprise me that nobody is taking credit for it, if only because it is an economically indefensible formula on the merits,” Stephen Moore, a conservative economics author and Project 2025 contributor who has advised Trump for years, said on Tuesday.

“But the president wants a level playing field, so right now he’s waiting for other nations’ leaders to come to him and make the best deal. I’m not a big tariff guy — I think we should be focusing on the Trump tax cuts — but if he can negotiate lower tariffs around the world with this trade war, then that would ultimately be a win.”

https://www.rollingstone.com/politics/p ... 235314290/

Steve,

Can you think of any merits on which it IS defensible?

The hope would appear to be that something which makes no sense, and apparently has no father, is the source of our possible salvation..

springfield xd avatar springfield xd -2 08 May 2025, 5:50 am

that camel is fair riddled with assholes...

I find it funny the Right used to be Free Trade and off-shoring before Trump now they pretend they were "Protectionists" the entire time

TwoIfByTea » 02 Aug 2025, 12:21 pm » wrote: ↑

02 Aug 2025, 12:21 pm

I find it funny the Right used to be Free Trade and off-shoring before Trump now they pretend they were "Protectionists" the entire time

pay to play 

Blackvegetable » 03 May 2025, 1:59 pm » wrote: ↑

03 May 2025, 1:59 pm

“I don’t know who came up with that formula — but it doesn’t surprise me that nobody is taking credit for it, if only because it is an economically indefensible formula on the merits,” Stephen Moore, a conservative economics author and Project 2025 contributor who has advised Trump for years, said on Tuesday.

“But the president wants a level playing field, so right now he’s waiting for other nations’ leaders to come to him and make the best deal. I’m not a big tariff guy — I think we should be focusing on the Trump tax cuts — but if he can negotiate lower tariffs around the world with this trade war, then that would ultimately be a win.”

https://www.rollingstone.com/politics/p ... 235314290/

Steve,

Can you think of any merits on which it IS defensible?

The hope would appear to be that something which makes no sense, and apparently has no father, is the source of our possible salvation..

so brown, in your thread title, you state "Nor even the stupidest man on earth..." correct?

so, is this admitting defeat, or just a self reflection?
 

ROG62 » 02 Aug 2025, 4:44 pm » wrote: ↑

02 Aug 2025, 4:44 pm

so brown, in your thread title, you state "Nor even the stupidest man on earth..." correct?

so, is this admitting defeat, or just a self reflection?

It's over your head, Rog.

Blackvegetable » 02 Aug 2025, 4:49 pm » wrote: ↑

02 Aug 2025, 4:49 pm

It's over your head, Rog.

apparently not...

nod...
 

ROG62 » 02 Aug 2025, 4:52 pm » wrote: ↑

02 Aug 2025, 4:52 pm

apparently not...

nod...

No...clearly.
 
 

Two If By Tea » 02 Aug 2025, 12:21 pm » wrote: ↑

02 Aug 2025, 12:21 pm

I find it funny the Right used to be Free Trade and off-shoring before Trump now they pretend they were "Protectionists" the entire time

What does every intellectual reality defend using every generation gap lived historically since dawn of civilization within this species in this atmosphere?

History recorded human behavior every day. So the idea nobody knew is a hoax in itself by each brain navigating during personal heart beating now.

*31stArrival » 04 Aug 2025, 5:18 am » wrote: ↑

04 Aug 2025, 5:18 am

What does every intellectual reality defend using every generation gap lived historically since dawn of civilization within this species in this atmosphere?

History recorded human behavior every day. So the idea nobody knew is a hoax in itself by each brain navigating during personal heart beating now.

Popeye's red beans and rice recipe is tasty.

Their Yardbird has gone to crap though.

Johnny You » 04 Aug 2025, 5:20 am » wrote: ↑

04 Aug 2025, 5:20 am

Popeye's red beans and rice recipe is tasty.

Their Yardbird has gone to crap though.

Talk about an intellectual mind lost in political correctness through social consensus ignoring their personal chromosome ancestral sole time displaced projecting context means more than time lived since personally conceived into a specific ancestral lineage, here now.