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Posted on 1/8/26 at 1:34 pm to sgallo3
So now we are "cherry picking" what was exported in one month?????
We also saw a huge fluctuation in pharmaceutical preparations that were imported.......
I take your gold and raise you drugs......what next.
Admit it, the trade policies are working, we had a 17% increase in the deficit last year and it will be far less, no matter what gerrymandering nonsense you try and apply. And we collected a couple 100 billion in tariffs to boot.
We also saw a huge fluctuation in pharmaceutical preparations that were imported.......
I take your gold and raise you drugs......what next.
Admit it, the trade policies are working, we had a 17% increase in the deficit last year and it will be far less, no matter what gerrymandering nonsense you try and apply. And we collected a couple 100 billion in tariffs to boot.
Posted on 1/8/26 at 1:37 pm to sgallo3
quote:
Well the deficit is on pace to be one of the top 5 highest of all time this year. Thats just math, not expert opinions.
So its one of the highest, which means previous ones were higher. When it will be virtually flat this year and was up 17% year prior.
Serious question, did you learn math in Minnesota?
Posted on 1/8/26 at 1:39 pm to SallysHuman
quote:
Maybe you should find out the answer to this before pointing fingers.
I'm not pointing fingers. I'm asking questions. Presidents usually come in with legislative agendas. Trump isn't afraid to knock heads of those who disagree with him (see Massie).
Set the agenda. Smoke out RINOs. Primary the hell out of them. The time is NOW.
Posted on 1/8/26 at 1:44 pm to Covingtontiger77
quote:Now explain whey trade deficits are inherently a bad thing.
Trump just cut the US trade deficit IN HALF,
Posted on 1/8/26 at 1:48 pm to Big Scrub TX
quote:
Now explain whey trade deficits are inherently a bad thing.
Ahh you showed up.
Prolonged trade deficits cause inflation.
That's what weve been seeing the last 40 years.
Now run along to the MB and cry about Black Monday some more.
This post was edited on 1/8/26 at 1:49 pm
Posted on 1/8/26 at 1:54 pm to saints5021
quote:
If both sides would just get out the way and let Trump cook for 4 years, the economy would be fricking gangbusters.
Which is exactly why they can't let that happen.
They want you sick.
They want you dead.
They want you in debt.
They want to destroy the USA.
Why? Because hate God.
Posted on 1/8/26 at 1:59 pm to Bigdawgb
quote:
You must be new here
Brand new 2nd day.
I’m not saying Danilo is 100% truthful either. He has flaws.
They just can’t get over this guy. I’ve never seen anything like this.
Posted on 1/8/26 at 2:19 pm to Big Scrub TX
Why?
Posted on 1/8/26 at 2:38 pm to dgnx6
quote:You're suffering from recency bias due to 20-23.
Prolonged trade deficits cause inflation.
That's what weve been seeing the last 40 years.
If prolonged trade deficits cause inflation, where is it in the data?
From 1983 to 2019, U.S. CPI inflation averaged about 2.5%. From 1995 to 2019 it was closer to 2.1%. For long stretches it ran below the Fed’s own 2% target. Why was the Fed spending years worried about disinflation instead of trying to cool an overheating economy?
Now look at the same period. The U.S. ran persistent and growing trade deficits every single year.
Instead, inflation stayed low, stable, and often too low by the Fed’s own standards.
Compare that with the actual inflationary nightmare. The 1970s saw CPI averaging 7–9%, peaking above 13%. Trade deficits then were far smaller than they are today. If deficits are the driver, why did inflation explode when deficits were modest and stay tame when deficits ballooned?
Posted on 1/8/26 at 2:49 pm to KCT
quote:
The corrupt Political Establishment can't have an outsider succeed
trumps been in politics for over a decade. that outsider shtick is done
Posted on 1/8/26 at 3:19 pm to prouddawg
quote:
career grifting politicians
Thieves
Posted on 1/8/26 at 3:21 pm to prouddawg
quote:sometimes you just have to file bankruptcy and start over a few times. it's what he's doing to this country.
Ain’t it crazy how a billionaire businessman does better with the economy than career grifting politicians?
Posted on 1/8/26 at 3:33 pm to IvoryBillMatt
quote:
Why wasn't there a legislative push from the Administration on Day 1 of Trump 2.0?
This might have actually been a stroke of genius. They probably wouldn't have passed. Now that we know the results, their likelihood of being codified goes up drastically. We just have to lean on Congress.
Posted on 1/8/26 at 4:18 pm to dgnx6
quote:We've had historically low inflation until like 4 years ago. This is a terrible argument. Inflation was caused by a terrible reaction to the pandemic.
That's what weve been seeing the last 40 years.
Posted on 1/8/26 at 4:18 pm to BCreed1
quote:Because if it doesn't matter in the first place, why do we care about cutting it in half?
Why?
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