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Started By
Message
re: Trade deficit comes in better than expectations
Posted on 12/11/25 at 9:42 am to JimEverett
Posted on 12/11/25 at 9:42 am to JimEverett
quote:
Trade deficits promote, even require, budget deficits
This is not true
I bet if we look at countries with trade surpluses you'll find plenty that have budget deficits
1
Posted on 12/11/25 at 9:43 am to frogtown
quote:
frogtown
You are smart enough to grasp the difference in what I stated and what you wrote. Well.. copied and pasted.
quote:
Nobody is suffering. Nobody's purchasing power has dropped.
Is not:
quote:
A weak dollar does have its drawbacks, which include reduced purchasing power for American consumers and a reduction in trade, which may result in lost jobs and lost tax revenues.
I posted a fact. You posted a hypothesis. Meaning, in a confined rule, that COULD happen. But we are not living in confinement. There are other methods deployed by the admin that creates a different outcome.
For this, let's turn to prices vs pay.
Prices are generally flat. However, Declines in energy subcomponents, used vehicles, insurance, utilities, and select services/medical items. etc.. Home prices are now negative too.
These trends reflect easing supply chain pressures and that lowers prices in general. Example, cheaper to ship products that consumers need, thus lowering prices.
The truth is pay is out gaining/pacing inflation. This alone negates the copied and pasted cookie cutter comment. People actually have MORE purchasing power.
quote:
lost tax revenues.
Tariffs are really laughing at you. So people are spending, that's first. US consumers are spending more in nominal terms compared to last year, with retail sales and personal consumption up 4–5% year-over-year (y/y) through October 2025. This reflects resilience amid low unemployment and wage growth outpacing inflation.
Follow me on this. Tax revenue is not down. People are spending more because they have more. And now, we have tariff income too.
quote:
which may result in lost jobs
Tisk tisk... Now you know better. Job creation is happening. We are growing now. But you can look all of that up.
Just don't live in a box and demand every point to be in a cookie cutter box. We are not living in the same economy that you were taught. Go back in time and try to understand the past and then apply it to the current economy.
Posted on 12/11/25 at 9:44 am to RogerTheShrubber
quote:
As planned.
Harvard article. Your transition is nearly complete.
This post was edited on 12/11/25 at 9:46 am
Posted on 12/11/25 at 9:44 am to BCreed1
quote:
Tariffs are really laughing at you
Biggest tax on the American public in decades.
Posted on 12/11/25 at 9:45 am to BBONDS25
quote:
Harvard article.
Typical cult deflection.
Posted on 12/11/25 at 9:46 am to RogerTheShrubber
quote:
Biggest tax on the American public in decades.
We know. You prefer the rich get taxed. A real traditional conservative.
Posted on 12/11/25 at 9:46 am to Ten Bears
quote:something tells me you are including gov't job cuts in this.
Layoffs are at at the highest level since 2020
quote:Seems those college degrees aren't all that valuable.
College graduates are facing the toughest job market in almost 20 years.
Posted on 12/11/25 at 9:48 am to RogerTheShrubber
quote:
Typical cult deflection.
Typical liberal useful idiot. CBS/yougov. And now Harvard. You’re a fake news connoisseur.
Posted on 12/11/25 at 9:52 am to BBONDS25
quote:
We know. You prefer the rich get taxed.
No worries Bongs. Everyone is being taxed to death right now.
quote:
"It is the theory of the Protectionist (tariffs advocate) that imports are an evil. He thinks that if you shut out the foreign imported manufactured goods you will make these goods yourselves, in addition to the goods which you make now, including those goods which we make to exchange for the foreign goods that come in. If a man can believe that he can believe anything. (Laughter.) We Free-traders say it is not true. To think you can make a man richer by putting on a tax is like a man thinking that he can stand in a bucket and lift himself up by the handle.
A nation cannot tax itself into prosperity.” — Winston Churchill (1904)
Winston Churchill.
You will not read this anyway. Rush Limbaugh echoed this same sentiment.
Posted on 12/11/25 at 9:53 am to BBONDS25
quote:
Harvard article.
He can only post far left rags. The mask is full off with cucker
Posted on 12/11/25 at 9:54 am to BBONDS25
quote:
Typical liberal useful idiot. CBS/yougov. And now Harvard. You’re a fake news connoisseur.
His knowledge of most topics is what he googles 3 minutes before posting
Posted on 12/11/25 at 9:55 am to SDVTiger
quote:
He can only post far left rags
quote:
If protectionism causes such disaster, why does it remain so popular? In a recent piece for National Review, Joseph Palange insightfully argues that it is because protectionists appeal directly to the working class.
LINK
Here you go, Slick.
Posted on 12/11/25 at 9:56 am to RogerTheShrubber
quote:
No worries Bongs. Everyone is being taxed to death right now.
My effective rate is better than it was a decade ago. If these tariffs are what you consider being “taxed to death”, that is just sad.
quote:
You will not read this anyway. Rush Limbaugh echoed this same sentiment.
Your appeal to authority is noted. It is still a logical fallacy. You should google that.
Posted on 12/11/25 at 9:57 am to texag7
quote:
His knowledge of most topics is what he googles 3 minutes before posting
Precisely. And even when it is common knowledge for the rest of us he gets so excited to “educate” us on what he just learned.
Posted on 12/11/25 at 9:58 am to SlowFlowPro
quote:
Just like Milton Friedman is a liberal now, right?
A libertarian in the end. Friedman's views evolved over his career, shifting from a more moderate liberalism to a more robust libertarianism.... post 1979 after he retired from academia.
You probably did not know that. Equally. you don't know that libertarianism is not conservatism.
Milton was pro open borders. At least he had the common sense to know that he could not have that and welfare.
quote:
There is nothing "in the past" about a scenario where a country is so rich that it has money to buy products from elsewhere, or the efficiencies involved with lower prices on the domestic economy.
And there is that cookie cutter, put it in a box thoughts. It's nice on paper. In the end, we have the results. You are wrong.
Posted on 12/11/25 at 9:58 am to BBONDS25
quote:
You will not read this anyway. Rush Limbaugh echoed this same sentiment.
Your appeal to authority is noted.
Better than your attraction to working class economics.
Posted on 12/11/25 at 10:02 am to RogerTheShrubber
quote:
Here you go, Slick.
Law and liberty…
owned by Liberty Fund which describes their political agenda as: quote:
Our titles in political thought encompass the ideals of the classical liberal tradition,
Moron.
Posted on 12/11/25 at 10:03 am to BCreed1
quote:
And there is that cookie cutter, put it in a box thoughts. It's nice on paper. In the end, we have the results. You are wrong.
quote:
Protectionism seems to have become the dominant economic ideology of Washington, DC. Although politicians may squabble about particular tariffs, the leading figures of both parties have rejected free trade for neo-mercantilist policies aimed at, they claim, reigniting American industry. But as countless economists have shown, the utopian vision of autarky that most strident protectionists advocate has no basis in reality. In fact, the latest round of tariffs threatens to throw the entire American economy into a recession—or worse.
The reason we have this extra tax?
quote:
Falling back on sound economic theory will not answer the protectionists’ emotional appeals.
Your emotional pro tariff reaction is counter to sound economic policy.
Posted on 12/11/25 at 10:04 am to RogerTheShrubber
quote:
Better than your attraction to working class economics.
You present a logical fallacy. I call you out and you come back with this made up BS. You make shite up all day every day. It really is pathetic. Sorry you’re poor and the tariffs are making you feel “taxed to death.”
Posted on 12/11/25 at 10:05 am to BBONDS25
quote:
Law and liberty…
You have never heard of it, so you diss it without ever addressing the information.
"Great minds discuss ideas; average minds discuss events; small minds discuss people." Charles Stewart.
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