Liberation Day

Since no MAGAs are posting celebratory threads about Liberation Day or the tariffs associated with it and/or the resulting implications of the Market, I figured I’d start it out.

401Ks are looking…..

Yeah, how liberating…..stock markets crashing, dollar value sinking like a stone…..

Trump is a fucking idiot…..

https://www.wsj.com/livecoverage/tru...umtopper_pos_1

Don't be a hater join maga

He's a shitshow

Color me unimpresjed....

explain to me what's so bad about America putting tariffs on countries who have tariffs on America?

If tariffs are so bad why do they have them on us?

@DefiyantlyFree elegantly wrote

I am dumbfounded by the panic over tariffs.

The previous administration printed 40% of the dollars that are currently circulating in America. Do you know what happens when you print that much money and you throw it into the economy? Well you get insane inflation. Inflation that reverberates throughout the entire economy and affects every single American citizen.

President Trump is telling you he has a strategy and that strategy is extremely effective because it will allow us to have a global reset, where we are no longer being taken advantage of on the world stage and we are forcing countries to pay a reciprocal tariff. That means that we are no longer going to be footing the bill for the manufacturing in other countries, and instead we will be incentivizing firms and companies to manufacture here.

Again, there may be a small window of pain, but if Congress would get up off their butts and pass President Trump’s tax cuts, nobody in America would even feel the tariffs.

And I would like to add these tariffs are going to bring in an enormous amount of revenue that will help offset the deficit.

So once again, stop telling me it’s irresponsible to have a strategy and a game plan when you are the party that printed 40% of the money circulating in the economy knowing that it would make inflation soar for the entire country. And then to add insult to injury, you were the party that spent three years lying to the American people about it.

Did you hear a word about this from the media when the Democrats did this? No you didn’t hear a single word because the media is the enemy of the people and they want you to be stupid and ignorant.

Well said

Tariffs:
UAW supports them.

“We applaud the Trump administration for stepping up to end the free trade disaster that has devastated working class communities for decades. Ending the race to the bottom in the auto industry starts with fixing our broken trade deals, and the Trump administration has made history with today’s actions,” said UAW President Shawn Fain.

Here's my point:
Jobs are jobs. Inside the US is better as that's an economic flow for local communities where employees live.

Goods affected by the tariffs are projected to sky rocket in price. Affecting the consumers.
Trumpf is literally tanking our economy.

Tariffs:
UAW supports them.

“We applaud the Trump administration for stepping up to end the free trade disaster that has devastated working class communities for decades. Ending the race to the bottom in the auto industry starts with fixing our broken trade deals, and the Trump administration has made history with today’s actions,” said UAW President Shawn Fain.

Here's my point:
Jobs are jobs. Inside the US is better as that's an economic flow for local communities where employees live. Originally Posted by Unique_Carpenter

Yep, how’s that working out?

First Tariff based auto factory closing announced…..

https://abcnews.go.com/Politics/live.../?id=120449471

@DefiyantlyFree elegantly wrote Originally Posted by Flair4Drama

your "analysis" ignores the fact that the economy Biden inherited from trump had astronomical deficits, high unemployment, where's that 8 percent growth from those 2017 tax cuts? Biden reduced the deficit by a trillion without taking a chainsaw to the government. Americans are better off economically under Biden, Obama And Clinton than under trump or bush. This is particularly bad because it's totally unforced error fueled by trump's bloviating and stupidity.will business reinvestment in the US even happen? will it take 5, 10 or 20 years?

Color me unimpresjed....

explain to me what's so bad about America putting tariffs on countries who have tariffs on America?

If tariffs are so bad why do they have them on us? Originally Posted by Flair4Drama

Tariff's can be useful, but that doesn't mean they always are. Explain the rationale for these tariff's, the trump administration's wavering reasons and questionable math doesn't have me convinced.

Well, my grandfather's craftsman 70+ jigsaw works great, while H.F. lasted 1 hour !

your "analysis" ignores the fact that the economy Biden inherited from trump had astronomical deficits, high unemployment, where's that 8 percent growth from those 2017 tax cuts? Biden reduced the deficit by a trillion without taking a chainsaw to the government. Americans are better off economically under Biden, Obama And Clinton than under trump or bush. This is particularly bad because it's totally unforced error fueled by trump's bloviating and stupidity.will business reinvestment in the US even happen? will it take 5, 10 or 20 years? Originally Posted by drluv1

put the KoolAid down and have a beer

It comes as absolutely NO SURPRISE that the instant gratification liberals here can't understand let alone comprehend the big picture.