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Started By
Message
re: CBO: Trump’s Tariffs Could Slash Deficit by $4 Trillion
Posted on 9/3/25 at 11:57 am to SlowFlowPro
Posted on 9/3/25 at 11:57 am to SlowFlowPro
quote:
While raising the cost to consumers over that time by $3.3 trillion
On what products that I need to survive?
2
Posted on 9/3/25 at 12:00 pm to keks tadpole
quote:
On what products that I need to survive?
As long as you don't drink coffee or use spices, use any electronics (or buy from a company that uses electronics), or anything that needs to be shipped using any type of vehicle, you probably won't see an increase at all!
Posted on 9/3/25 at 12:04 pm to wackatimesthree
quote:
Which means that their profitability decreases, the stock market reacts, and the value of your 401k goes down.
Still costs you money.
It's almost like the economy is a dynamic, complex thing and the government intervention to 'correct" a perceived problem might have the actual opposite effect.
Like I said the other day. The pro-tariff people are too fixated on a single economic metric- cost/inflation yet they fail to recognize the real cost of removing $300 plus billion from the economy.
Posted on 9/3/25 at 12:04 pm to wackatimesthree
deleted
This post was edited on 9/3/25 at 12:05 pm
Posted on 9/3/25 at 12:06 pm to keks tadpole
quote:
On what products that I need to survive?
Much of your American made car was produce abroad.
Posted on 9/3/25 at 12:10 pm to SlidellCajun
quote:
Let’s say Americans stop buying all that imported stuff. What happened to all that tariff money then?
Well it would go down, but shouldn't you call it taxes on Americans?
Posted on 9/3/25 at 12:16 pm to RogerTheShrubber
Was, is and will be for a very long time.
Posted on 9/3/25 at 12:19 pm to udtiger
quote:
He presumes 100% of the tariffs will be passed on to consumers.
Which has not happened yet.
What percentage do you think most of the companies are going to eat instead of pass on to the consumer, and why?
Posted on 9/3/25 at 12:38 pm to GoblinGuide
quote:
What percentage do you think most of the companies are going to eat instead of pass on to the consumer, and why?
Depends.
I am sure some will completely pass through. Others will eat 100%. Most will be somewhere in between.
Maintaining markets and market share. Taking an x% hit on profit is better than completely pricing yourself out of the market and getting slammed.
Posted on 9/3/25 at 12:39 pm to PaperTiger
Pan out a bit. Look at bigger picture
my manufacturing isn’t ONLY for US consumption so why would I not continue to manufacture in a low cost, low regulation environment?
The current US tariff environment is temporary anyway. It will change once another president gets in and then what?
The $500million dollar factory is now a really dumb idea…
my manufacturing isn’t ONLY for US consumption so why would I not continue to manufacture in a low cost, low regulation environment?
The current US tariff environment is temporary anyway. It will change once another president gets in and then what?
The $500million dollar factory is now a really dumb idea…
Posted on 9/3/25 at 12:53 pm to SlidellCajun
Because you risk losing your #1 consumer. Are you going to take that risk? If you lose the US, your prices will really take a tumble.
Posted on 9/3/25 at 12:57 pm to Jjdoc
quote:
Ok slow flo alter. Why pull numbers out of your arse?
12 baseballs for 37. Thats not $12 you threw out there. Not even close
Thanks for a great laugh.
quote:
So why play this stupid game?
Yeah, I'm the one playing a stupid game because I'm the one who thought I just scored major points by posting the actual price of a hypothetical example.
The rest of your post is vague and unsubstantiated so as to be worthless.
It's basically a version of this:
Teacher: Little Johnny, what is the capital of France?
LJ: Well you're the teacher, so if you don't know, I'm certainly not going to be the one to tell you!
This post was edited on 9/3/25 at 1:12 pm
Posted on 9/3/25 at 12:58 pm to SlowFlowPro
quote:
It's the numbers in OP
Nope. At no point in the OP does it say what you said.
Posted on 9/3/25 at 12:58 pm to Ten Bears
quote:
they fail to recognize
I would say that they refuse to recognize, but yeah.
I can't explain it any better. Money doesn't just appear to make up for what you just pulled out of the system.
Posted on 9/3/25 at 1:10 pm to PaperTiger
quote:
1 is possible.
It is not possible.
The stuff we buy overseas is used in health care, construction, and transportation, and because of that it affects pretty much anything you can buy.
Construction costs (which also means maintenance costs) go up. That means rent goes up on commercial buildings.
Transportation costs go up. That means anything that is shipped becomes more expensive.
Exactly what are you talking about that it is possible to not buy that isn't warehoused or sold out of a commercial building or shipped from one place to another? As far as I can see that pretty much includes everything. Including services.
Why do you think auto insurance is one of the industries leading the pack in terms of costs going up last quarter? Think hard.
If auto parts that we import cost more, it costs more to fix your car. So insurance goes up. And it doesn't just go up for you, it goes up for shipping companies too.
quote:
It is the same difference, except now American workforce benefits and not Mexico or China or Germany.
(I think I'm replying to the correct point here, although it sure would help if you could give the extra effort to use the quote button in the future).
The average factory worker in the US makes $17 an hour. So we get a handful of $17 an hour jobs, which we can't find enough natural born citizens to work as it is now.
In return, we get more expensive products due to the fact that these items were previously being made by people who charged between $4-$6 an hour.
How is that a win in your estimation?
quote:
Absolutely. If you can afford it, go for it.
Sorry, without the text being quoted I have no idea what you're replying to and I'm not going to open another window and find out just because you couldn't be bothered to quote the text.
quote:
If foreign countries want to compete with US prices, its up to them to come up with ways to structure for lower pricing if they want to keep the #1 consumer in the world as a customer.
Are you literally retarded? The entire game here is that US made products are MORE expensive than foreign made products. That's the whole point of a tariff.
The tariff is the "pass" that American companies get because they can't compete with foreign manufacturing on price.
That's the whole point of a tariff.
This post was edited on 9/3/25 at 1:10 pm
Posted on 9/3/25 at 1:20 pm to SlowFlowPro
quote:I would argue there is a method to this you may not be able to comprehend, therefor it looks like madness to you.
There are no stated goals and they shift for every story and new piece of data.
Trumps Economic Revolution
Clearly disseminated by the White House for all to see.
CEA Chairman Steve Miran Hudson Institute Event Remarks
Posted on 9/3/25 at 1:20 pm to Major Dutch Schaefer
Amazing what raising taxes will do when trying to pay something off
Posted on 9/3/25 at 1:25 pm to DavidTheGnome
quote:
Amazing what raising taxes will do when trying to pay something off
Won't do shite if we just keep increasing spending. This formula has two variables. Money coming in and money going out.
We haven't paid anything off yet, nor will we if we don't have a plan for that other variable. And if there is a plan for that, I haven't seen it yet.
Have you?
Posted on 9/3/25 at 1:28 pm to DavidTheGnome
quote:
Amazing what raising taxes will do when trying to pay something off
If we get increased revenue, they will just spend it.
Posted on 9/3/25 at 1:32 pm to wackatimesthree
quote:
Won't do shite if we just keep increasing spending. This formula has two variables. Money coming in and money going out.
We haven't paid anything off yet, nor will we if we don't have a plan for that other variable. And if there is a plan for that, I haven't seen it yet.
Have you?
Certainly not and even if this pays 4 trillion down how much more has it increased
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