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re: Can we all agree the tariffs have been a disaster?
Posted on 5/4/26 at 10:02 pm to IMSA_Fan
Posted on 5/4/26 at 10:02 pm to IMSA_Fan
I’m going to need a lot more than one year of data points knowing the first year of a major policy shift is always the more extreme.. it will take time to digest the affects of this new policy of tariffs as it relates to all the relevant factors eg; labor, manufacturing, money supply policy…..etc.. I’m still firmly in the camp that as we head into the new global economic realities that bringing as much home is the best policy. AI requires us to have a tighter control on what we import and export and at what levels.
0
Posted on 5/4/26 at 10:04 pm to IMSA_Fan
quote:
There has been no job growth anywhere except healthcare
I’d rather little job growth vs bullshite government sector jobs being created just to fudge the numbers like Biden admin did.
Posted on 5/4/26 at 10:21 pm to IMSA_Fan
First... History is your friend. History extends back more than 1 or 2 decades.
So here we go:
The Federal Reserve officially adopted 2% as its explicit, long-run inflation target on January 25, 2012.
Prior to that it was:
An informal/implicit understanding that around 2% was desirable as far back as the mid-1990s... Key word AROUND.
1950s & 1960s ? No explicit inflation target existed. The goal was vague “price stability.”
New Business
Applications (the broadest measure) is way up and on record pace. 2025 set a new all-time high in applications. 5.65 Million new applications. From Jan 2026 to March 1.52 Million.... up 20% from the previous year. In other words, this year will reach another all time high.
But what does that mean? It mean that last year 5.65 Million businesses applied for the mandatory EIN. That means jobs.
Actual New Employer Businesses (Projected Formations)
Monthly pace has been stable at roughly 28,000 – 30,000 projected new employer businesses per month in 2025–2026.
Manufacturing added +15,000 jobs in March. PMI registered 52.7% (unchanged from March). This marks the 4th consecutive month of expansion.
Apple ? $600 billion over four years in U.S. manufacturing and supplier partnerships (largest-ever U.S. commitment from the company).
Nvidia ? $500 billion pledge for AI chip and infrastructure production entirely in the U.S. (some production already underway in Arizona).
Johnson & Johnson ? $55 billion in new U.S. manufacturing and R&D.
AstraZeneca ? $50 billion
Bristol Myers Squibb ? $40 billion
GSK ? $30 billion
Stellantis (Jeep, Ram, Dodge) ? $13 billion to expand U.S. production
GlobalFoundries ? $16 billion to reshore advanced semiconductor manufacturing
John Deere ? $20 billion over the next decade in U.S. expansion and new factories
General Motors ? $4 billion+ to shift more production to U.S. plants
There are dozens more announcements in semiconductors, pharmaceuticals, autos, steel, and appliances — many citing tariffs, supply-chain security, and policy incentives as factors.
Nobody in their right mind thought it would be fixed that soon.
So here we go:
The Federal Reserve officially adopted 2% as its explicit, long-run inflation target on January 25, 2012.
Prior to that it was:
An informal/implicit understanding that around 2% was desirable as far back as the mid-1990s... Key word AROUND.
1950s & 1960s ? No explicit inflation target existed. The goal was vague “price stability.”
New Business
Applications (the broadest measure) is way up and on record pace. 2025 set a new all-time high in applications. 5.65 Million new applications. From Jan 2026 to March 1.52 Million.... up 20% from the previous year. In other words, this year will reach another all time high.
But what does that mean? It mean that last year 5.65 Million businesses applied for the mandatory EIN. That means jobs.
Actual New Employer Businesses (Projected Formations)
Monthly pace has been stable at roughly 28,000 – 30,000 projected new employer businesses per month in 2025–2026.
Manufacturing added +15,000 jobs in March. PMI registered 52.7% (unchanged from March). This marks the 4th consecutive month of expansion.
Apple ? $600 billion over four years in U.S. manufacturing and supplier partnerships (largest-ever U.S. commitment from the company).
Nvidia ? $500 billion pledge for AI chip and infrastructure production entirely in the U.S. (some production already underway in Arizona).
Johnson & Johnson ? $55 billion in new U.S. manufacturing and R&D.
AstraZeneca ? $50 billion
Bristol Myers Squibb ? $40 billion
GSK ? $30 billion
Stellantis (Jeep, Ram, Dodge) ? $13 billion to expand U.S. production
GlobalFoundries ? $16 billion to reshore advanced semiconductor manufacturing
John Deere ? $20 billion over the next decade in U.S. expansion and new factories
General Motors ? $4 billion+ to shift more production to U.S. plants
There are dozens more announcements in semiconductors, pharmaceuticals, autos, steel, and appliances — many citing tariffs, supply-chain security, and policy incentives as factors.
Nobody in their right mind thought it would be fixed that soon.
Posted on 5/4/26 at 10:22 pm to crewdepoo
quote:
part where we have to pay it all back because the tarrifs were ruled illegal.
Tell the class what you think the SC ruled? Because based on this post I don't think you truly understand...
Posted on 5/4/26 at 10:22 pm to IMSA_Fan
You have no idea of what you are talking about.
Posted on 5/4/26 at 10:28 pm to IMSA_Fan
Are you mad at the cuts to gov jobs>? Approximately 238,000 to 317,000 fewer federal civilian employees by the end of 2025 / early 2026. The federal workforce shrank by 12%
Total departures: More than 348,000 federal employees left in 2025 (quits, retirements, buyouts, and layoffs) — an 80%+ increase from 2024.
Total departures: More than 348,000 federal employees left in 2025 (quits, retirements, buyouts, and layoffs) — an 80%+ increase from 2024.
Posted on 5/5/26 at 12:21 am to Indefatigable
quote:
We don’t have the workforce to make ourselves self-sufficient.
Because the bulk of the under 50 years old workforce is lazy AF?
Posted on 5/5/26 at 6:57 am to Barstools
quote:the SC said it was illegal and we already started giving money back to corporations that paid the tarrifs. What am I missing?
Tell the class what you think the SC ruled? Because based on this post I don't think you truly understand...
Posted on 5/5/26 at 7:08 am to Demonbengal
quote:We're giving it to bezos and gates via rebates. Do yall not follow the news?
With that said I would like to see a concrete plan with what we are going to do with the money.
This post was edited on 5/5/26 at 7:09 am
Posted on 5/5/26 at 7:38 am to jammajin
quote:
So you want to talk about tariffs being a “disaster”……. Except you want to talk about job growth…..until you’re provided facts And in the end you just want to bitch and engage in loser talk because that’s what you are…. A loser. Again you’re right. That good illegal alien and government job growth you were getting under Biden coupled with 5-9% inflation was way better Newsome will provide you that option to vote for again in a couple years. Maybe even throw in some homelessness and a debacle train or two.
Pretty much nails it
Posted on 5/5/26 at 8:37 am to crewdepoo
I'll help you out, they never said ALL of the tariffs were unconstitutional nor that we had to pay them back.
Posted on 5/5/26 at 9:50 am to Barstools
quote:almost all that have been implemented to that point ( ~$166B); and yes we are paying it back. Checks expected to go out this month.
I'll help you out, they never said ALL of the tariffs were unconstitutional nor that we had to pay them back.
That's about $500 per us citizen that was illegally taxed
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