Printable View
That's one. Do you have anything though from someone that isn't a social media Trump fanatic that is offering a more balanced and evidence based analysis of why the tariffs will benefit US workers? All you're offering is the government's own argument which even Liz Truss was capable of putting forward. But thanks though.Quote:
Originally Posted by Eternal Optimist
Do you believe Reuters are a "social media Trump fanatic"?Quote:
Originally Posted by ragingpup
https://www.reuters.com/business/aut...fs-2025-04-03/
https://www.constructionenquirer.com...trump-tariffs/Quote:
Originally Posted by Eternal Optimist
As I already mentioned recently on another thread, there's the possibility of an economic recession in the UK during 2026.
The Liebour Government will no doubt blame Trump's tariffs and not their own failures due to their ridiculous tax hikes here at home.
FTSE 100 is very jittery at the moment.
Why all this nonsense?
It's another planned pantomime to shake the public's confidence globally and financially.
Shame on all their mansions!!!
Under Biden,industry,especially car manufacturing was collapsing.Trump told the unions he would make it much fairer by putting tariffs on imported cars, thus making American cars easier to sell.He is also investing on more plants to develop a more thriving industry.That's why the workers will benefit having a leader looking after their interests.The finance market will temporarily have a blip but will recover as they always do.Quote:
Originally Posted by ragingpup
A prime example - thanks Howdy.Quote:
Originally Posted by howdydoo
Who would that have been Shank?Quote:
Originally Posted by Redshank
I wonder if anyone in the US has considered that Americans would import fewer cars if - and I know this is radical - they made better cars. Seems pretty obvious to even a low-key, part-time car enthusiast like myself that if half your car sales are brought in from other countries, and you export far less than you import, the problem may not be limited to the finances - it could be that you make a lot of sh** cars.
Of course, ranting about plundering and (weirdly) raping whilst holding a chart someone made for you is another way to deal with it, but there is a small risk that you may look a little bit like a belligerent, spoilt, senseless tw@, and not a balanced, pragmatic, fully evolved human, running a large country. Each to their own.
So two examples of companies doing what Trump and I think every American would hope to do - exand their industries to cover the gaps on commodities they will lose through importing. I can understand the idea, and even wish them well for it to work.
But are you not a little troubled by the sheer number of economists, both from the right as well as left, who are predicting that whilst there may be some significant expansion in US home production, it will not mitigate the extra costs that the country, and its workers will have to pay to cover the changes:
https://economictimes.indiatimes.com...2.cms?from=mdr
https://thehill.com/business/5230405...nomic-effects/
And even our very own voice of the libtard sheeple, The Daily Mail:
https://www.dailymail.co.uk/news/art...ans-money.html
From trying to look at Trump's arguments for his tariffs, and the what seems to be a quite unified expectation from economists that this will cost the US worker an awful lot of money, this reminds me of Truss's own 6th form justification of extreme tax cuts leading to immediate growth and trickle down benefits to the UK worksforce.
It will be interesting to see how it pans out. If it does pan out as very few economists predict and the US quickly expands it's industries to cover all of the production needs and somehow manages to provide it's products at similar prices for the consumption by US familiies, with products made by an expanded US worksforce, in turn receiving better pay, I would be very pleased for them, and would look to see how we could replicate elements of this for ourselves. But can such a huge number of economists, of all shades, really be reading it so wrong? I guess if you can immediately dismiss them by saying that they are all in the pay of liberal globalists elite, then I guess you can feel a bit easier with it, but only time will tell. Probably not much time either.
Anybody for lettuce?
Here's a link for anyone who can bother to look beyond Farage's Bluffers Guide to Economics.
https://www.economist.com/audio/podcasts/money-talks