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Started By
Message
re: What can Trump do to help with inflation and economy?
Posted on 7/6/24 at 5:28 pm to PrideofTheSEC
Posted on 7/6/24 at 5:28 pm to PrideofTheSEC
quote:Easy.
What can Trump do to help with inflation and economy?
Lose the general election. Again.
0
Posted on 7/6/24 at 5:29 pm to PrideofTheSEC
Everybody look up the definition of inflation.
1. DRILL BABY DRILL!
2. CUT ALL GOV'T SPENDING NOW!!!!!!!!!!!!!!!!!!!!!!!
3. Cut gov't regulations especially for farming, manufacturing, new atomic plants and new oil refineries.
4. Cut 10-20% of US gov't labor force which includes elimination of the Dept. of Education.
5. Make the Federal Reserve cut/slow the printing of money.
6. Remove ALL illegals no matter when they came here. Get in the line.
7. Promote the Convention of States.
8. Tariffs on China and Mexico as needed.
9. Stop the border flow and Build The Damn Wall!!!
10. Make the deadbeats pay ALL that student loan money back. Reverse the forgiveness BS and vote buying.
11. Develop an exit strategy for Ukraine.
12. Approve and finish the Keystone pipeline.
13. Tax all wire transfers by non-citizens to all other countries at time of sending funds. 30% is a nice number. ie. $100 wire with $30 to Feds and $70 overseas.
That's one hell of a start. Seems like there is more???
1. DRILL BABY DRILL!
2. CUT ALL GOV'T SPENDING NOW!!!!!!!!!!!!!!!!!!!!!!!
3. Cut gov't regulations especially for farming, manufacturing, new atomic plants and new oil refineries.
4. Cut 10-20% of US gov't labor force which includes elimination of the Dept. of Education.
5. Make the Federal Reserve cut/slow the printing of money.
6. Remove ALL illegals no matter when they came here. Get in the line.
7. Promote the Convention of States.
8. Tariffs on China and Mexico as needed.
9. Stop the border flow and Build The Damn Wall!!!
10. Make the deadbeats pay ALL that student loan money back. Reverse the forgiveness BS and vote buying.
11. Develop an exit strategy for Ukraine.
12. Approve and finish the Keystone pipeline.
13. Tax all wire transfers by non-citizens to all other countries at time of sending funds. 30% is a nice number. ie. $100 wire with $30 to Feds and $70 overseas.
That's one hell of a start. Seems like there is more???
This post was edited on 7/21/24 at 4:14 pm
Posted on 7/6/24 at 5:30 pm to 4LSU2
quote:
The absolute first step is closing the border immediately. A country stands for nothing if it has open borders allowing those in that inflict harm and cost money.
I agree the first step needs to be closing the border and hopefully the second step will be mass deportation. That said, it would be interesting to see a thoughtful analysis on closing the border/mass deportation being net inflationary/net disinflationary. It's pretty easy to see some of the factors on both sides of that equation, but the magnitude for each would take some expertise. It may be something that starts one way but trends the other way.
Posted on 7/6/24 at 5:39 pm to CubsFanBudMan
quote:
Eliminate supply chain issues. Reduce energy costs. Lower interest rates to help with the cost benefit analysis of capital deployment vs maintaining the status quo
Research shows inflation isn't due to supply side (including supply chain) issues. It's demand side due to freeeee money (handouts and low rates).
Lowering rates would be like throwing gasoline on the fire. Increasing wages would cause a wage-price spiral.
At this point, it has to break to be fixed.
Posted on 7/6/24 at 5:59 pm to PrideofTheSEC
Many on this Board won't want to consider it, but the only way to prosperity if for this Nation to act on the economic principles which has been the basis for past success. Such being incentivizing real work that produces real goods and services. Not the 'Welfare' version.
Most of the immigrants that are here are not going back, minus the true thugs of course. Gainful employment toward building a wise, future infrastructure based on realistic spiritual and practical ideas is the answer. That is assuming that we can get past ideological/religious/cultural hurdles...and the people are willing to buy in. If the people - for any reason - can't cut it, then we go the 'third world' route. Likely in short order.
The potential in High Tech will be a critical key to the future economic model, and its effect on the cultural lives of the people. Again, it will likely be boom or bust, heaven or hell. Or maybe, if religious prophecy holds true, hell first and then heaven. IMO, it will take Jesus help to successfully navigate the treacherous waters and consequences of our human limitations, and the pernicious affects of Evil.
What is going to happen is a lot bigger than just inflation and the economy. And we should treat it as such. It is truly whether the Human species can cut it, or not. I think we'll find out pretty soon.
Most of the immigrants that are here are not going back, minus the true thugs of course. Gainful employment toward building a wise, future infrastructure based on realistic spiritual and practical ideas is the answer. That is assuming that we can get past ideological/religious/cultural hurdles...and the people are willing to buy in. If the people - for any reason - can't cut it, then we go the 'third world' route. Likely in short order.
The potential in High Tech will be a critical key to the future economic model, and its effect on the cultural lives of the people. Again, it will likely be boom or bust, heaven or hell. Or maybe, if religious prophecy holds true, hell first and then heaven. IMO, it will take Jesus help to successfully navigate the treacherous waters and consequences of our human limitations, and the pernicious affects of Evil.
What is going to happen is a lot bigger than just inflation and the economy. And we should treat it as such. It is truly whether the Human species can cut it, or not. I think we'll find out pretty soon.
Posted on 7/6/24 at 6:02 pm to PrideofTheSEC
Stop globilization and bring manufacturing back to the USA .
Destroy the guest worker visa system and force corporation to only hire AMERICANS
Renegotiate trade agreements
Gut the federal beuracracy and endless money printing.
Cut off ALL spending and benefits for ALL illegal immigrants.
Lower energy prices
Destroy all climate spending
Offer tax incentives to corporations to bring jobs back to the USA and penalize corporations that offshore jobs and hire non-citizens.
Destroy the guest worker visa system and force corporation to only hire AMERICANS
Renegotiate trade agreements
Gut the federal beuracracy and endless money printing.
Cut off ALL spending and benefits for ALL illegal immigrants.
Lower energy prices
Destroy all climate spending
Offer tax incentives to corporations to bring jobs back to the USA and penalize corporations that offshore jobs and hire non-citizens.
Posted on 7/6/24 at 6:04 pm to PrideofTheSEC
Toothpaste is out of that tube. All he can do is slow down the inflation and hope for the best. Good chance things get worse before they get better, the Biden administration has been catastrophic for the economy. They spent the past 3.5 years waging war on the middle class.
Posted on 7/6/24 at 6:06 pm to PrideofTheSEC
Cut spending.
That was easy.
That was easy.
Posted on 7/6/24 at 6:10 pm to PrideofTheSEC
quote:You seem to be confused about inflation vs deflation. Essentially, the latter rarely happens. Broad price levels ONLY WENT UP during Trump's 4 years. Any expectation to the contrary -with him or any other candidate - is silly.
Is there anything he can really do as far as prices at the grocery store, gas pump, etc? Seems like to me there's no going back, regardless who is president the prices aren't going to go down, employees aren't going to get paid less, really the best that can be done is slow the increase down. Am I wrong? I hope I am so please explain.
Posted on 7/6/24 at 6:11 pm to Zach
quote:It's quite evident that inflation is the status quo.
So, you think inflation was high under Carter at random? And it got solved when Reagan took over...at random? And you think some nations have MUCH higher inflation than others...at random? Lower taxes, massive cuts in business regulations and decreases in spending don't happen at random. They happen through policy decisions.
Posted on 7/6/24 at 6:16 pm to PrideofTheSEC
The moment he reopens the pipeline
Posted on 7/6/24 at 6:21 pm to PrideofTheSEC
Energy.. yes we are drilling more soil but we could do more in terms of regulations and taxes to decrease cost and increase our exports..
Border control.. to many jobs going to the wrong people
Decrease government regulations especially in relation to climate change..
Decrease the level of government jobs, interference and foreign presence..
Simplify the tax code
Focus on the economy, model past successes with increased patriotism and pride in capitalism pushing to increase wages.. push all companies receiving taxpayer funds to decrease the wage gap between c suites and the average company employees
Border control.. to many jobs going to the wrong people
Decrease government regulations especially in relation to climate change..
Decrease the level of government jobs, interference and foreign presence..
Simplify the tax code
Focus on the economy, model past successes with increased patriotism and pride in capitalism pushing to increase wages.. push all companies receiving taxpayer funds to decrease the wage gap between c suites and the average company employees
This post was edited on 7/6/24 at 6:41 pm
Posted on 7/6/24 at 6:22 pm to PrideofTheSEC
Cut environmental red tape
Posted on 7/6/24 at 6:27 pm to PrideofTheSEC
American energy baby!
Posted on 7/6/24 at 6:27 pm to TROLA
If he could actually pull off the income tax removal things would boom beyond belief. Add a spend tax
Imagine everyone’s paychecks going up significantly not to mention getting some return on all the illegal drug money when those types buy cars, jewelry etc
Imagine everyone’s paychecks going up significantly not to mention getting some return on all the illegal drug money when those types buy cars, jewelry etc
Posted on 7/6/24 at 6:29 pm to PrideofTheSEC
he can start by not threatening the oil companies like brandon is doing, that should help with a lot of this inflation bs
Posted on 7/6/24 at 6:32 pm to Longhorn Actual
quote:
Research shows inflation isn't due to supply side (including supply chain) issues. It's demand side due to freeeee money (handouts and low rates).
Lowering rates would be like throwing gasoline on the fire. Increasing wages would cause a wage-price spiral.
At this point, it has to break to be fixed.
I'm sorry, but I refuse to believe that grocery prices were driven up by demand and not supply. The demand for employees did not increase due to COVID, but the supply sure decreased due to free money.
When minimum wage for fast foot employees rises, prices must increase. Lowering interest rates makes it cheaper to deploy automation that reduces the need to pay increased wages for basic work.
Posted on 7/6/24 at 6:43 pm to PrideofTheSEC
They have avoided the "hard landing" which is going to make the eventual hard landing that much worse. Reagan inherited all that sh*t from the 70s and there was a deep recession from July 81 to November 82 in his first term, with unemployment above 10%. But once the dust settled the economy blasted off.
Posted on 7/6/24 at 6:46 pm to PrideofTheSEC
The same things he did last time??????
Bring more manufacturing back to America.
Let our farmers grow our own food.
Drill baby drill.
Keep interest rates up.
Make a serious cut to wasteful government spending.
Reevaluate the prices the MIC are charging for weapons. Busy up the 5 military contractors that are the MIC. More competition. Better prices.
Bring more manufacturing back to America.
Let our farmers grow our own food.
Drill baby drill.
Keep interest rates up.
Make a serious cut to wasteful government spending.
Reevaluate the prices the MIC are charging for weapons. Busy up the 5 military contractors that are the MIC. More competition. Better prices.
This post was edited on 7/6/24 at 6:51 pm
Posted on 7/6/24 at 6:50 pm to ronricks
quote:
We aren’t going back to 2019 cost of goods, services, or labor. Trump had a hand in our current inflation situation which many on here try to ignore.
We already did in some cases. Businesses are just measured on profitability and increasing that, so they aren't going to give those margins up. Retired people are the ones actually getting wrecked right now.
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