Why is Trump Destroying the Economy?

Discussion in 'Economics' started by schizo, Apr 4, 2025.

  1. newwurldmn

    newwurldmn

    trade deficits and government spending deficits are two different things. I don’t know which you are referring to as the tariffs are addressing trade deficits. Republicans want to pass tax cuts which will offset the tariff income.
     
    #11     Apr 4, 2025
    billv, TrailerParkTed, NoahA and 2 others like this.
  2. newwurldmn

    newwurldmn

    I heard speculation that bissent and Lutnick are doing this so that they can get information
     
    #12     Apr 4, 2025
  3. Nine_Ender

    Nine_Ender

    Trade deficit's don't have to be fixed. That is your first faulty assumption. If your strategy is nothing will work let's put a psychopath in charge it couldn't possibly get worse well good luck with that.
     
    #13     Apr 4, 2025
    schizo likes this.
  4. themickey

    themickey

    Imo the political situation in America was bad enough under Biden the voters decided Trump was the best guy to destroy it altogether, that way there's hope of creating something new.
    When kamala said she'd do nothing different to what Biden was doing, that basically sealed everyone's fate, wtf wanted another 4 years of Biden thinking.
     
    #14     Apr 4, 2025
    NoahA likes this.
  5. themickey

    themickey

    So in a way Trump is good for America, he'll blow the American version of bs democracy to smithereens.
    That's not bad as American politics is rotten through and through imo, corrupt to the eyeballs.
     
    #15     Apr 4, 2025
    beginner66 likes this.
  6. Real Money

    Real Money

    Biden did it first when he ordered two hundred million barrels sold. Drained the SPR just to take the legs out of a crude rally.

    Yeah, he did that.
     
    Last edited: Apr 4, 2025
    #16     Apr 4, 2025
    Handle123 likes this.
  7. Pekelo

    Pekelo

    Hahahaha!! Where do you live? In some kind of dream world?
     
    #17     Apr 4, 2025
  8. mervyn

    mervyn

    you are another maga idiot. a war broke out and gas was all time high. strategic oil reserves is for this purpose.
     
    Last edited: Apr 4, 2025
    #18     Apr 4, 2025
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  9. MarkBrown

    MarkBrown

    he is doing at the direction of his voters - we all want to destroy wall street - there should be no exchanges that have members - everyone should be there own member.

    think of it like a gun show - you have a gun - i have cash - why do i need a broker?
     
    #19     Apr 4, 2025
  10. Handle123

    Handle123

    In my lifetime, the majority is usually wrong and why I go against trends in beginning. Yes. I have taken many shorts, but eventually get it right, only takes once being right.

    We long overdue for a depression. Not saying it become 1930's, but being smart, best to stock up on can goods and next few days whatever you need to replace on cars before tariffs kick in, oil filters, wipers etc.
     
    #20     Apr 4, 2025
    birdman and NoahA like this.