True according to many economists.

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True according to many economists.

Author: NedoftheHill (43598 Posts - Joined: Jun 29, 2011)

Posted at 2:11 pm on Dec 9, 2024

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Economics is pretty speculative, with a lot of variables affecting the future. Each of us can only make our best guess, and then call the other person a moron. It's the American way.

This message has been edited 1 time(s).

Evil preaches tolerance until it is dominant, then it tries to silence good.

Replies to: "True according to many economists."

Nah tariffs won’t raise consumer prices…..suckers. [NT] [LINK] - Frank L - 1:58pm 12/8/24 (35) [View All]
- Do you think the tariffs will give us 9% inflation, $5.00 gallon gas and 7% interest rates? [NT] - MuskyTommy - 7:23pm 12/8/24
  - It took Orange’s mismanaged pandemic to do that. Round 2 and its impacts are still up in the air. - Frank L - 8:15pm 12/8/24
    - Yea the Biden/Harris disaster was Trump’s fault. I think 75 million disagree with you. [NT] - MuskyTommy - 3:13pm 12/9/24
      - The inflation that cost her the election was caused by the mismanaged pandemic and Putin’s war for - Frank L - 5:54pm 12/9/24
    - Trump only "mismanaged" Covid because the Great Fauchino falsely said HCQ+ didn't work - MarkHarman - 11:30pm 12/8/24
      - For three full years, Trump failed to replenish N95 masks and ventilators that Obama's admin. had - TyroneIrish - 1:33am 12/9/24
        Much of what you wrote is just factually untrue [LINK] - MarkHarman - 8:10pm 12/9/24
    - Orange's pandemic. Nice. Meanwhile, Biden will pardon the guy who funded PRC Covid development... - NedoftheHill - 8:21pm 12/8/24
      - yeah, the one he mismanaged and got shown the door for doing so and then tried to illegally stay in - Frank L - 8:33pm 12/8/24
        yeah, the one Fauci funded. That one. [NT] - NedoftheHill - 9:58pm 12/8/24
        Show us your evidence, Ned...no one else seems to have come up with it...why are you hiding it? [NT] - TyroneIrish - 1:35am 12/9/24
        rolleyes. [NT] - NedoftheHill - 2:04pm 12/9/24
- Did someone suggest that tariffs would not raise prices? - NedoftheHill - 4:19pm 12/8/24
  - Pallets of cash, Mega billions for Ukraine war, and appeasement is so much cheaper, right? :) [NT] - BaronVonZemo - 7:19pm 12/8/24
    - (Pssst...it was their $$$, Baron ;-)) [NT] - TyroneIrish - 7:55pm 12/8/24
      - Are you saying it was wrong to freeze their assets? And, why did we give it to them in cash? - NedoftheHill - 8:25pm 12/8/24
        . [NT] - NedoftheHill - 2:05pm 12/9/24
        
        Your words...not mine. The attached article spells out the deal, including why the $400M was in cash [LINK] - TyroneIrish - 1:18am 12/9/24
        I asked a question in the form of words. You didn't answer, by noting I used words. Great debate! - NedoftheHill - 2:08pm 12/9/24
  - Believe your boy Orange did during the campaign. Anyone credible, no? [LINK] - Frank L - 4:23pm 12/8/24
    - No way prices will go down. The US must inflate the dollar to deal with the debt. Not a voting issue - NedoftheHill - 6:42pm 12/8/24
      - Except when you lie about it like he did. Inflated prices under Biden was a huge part of his lying - Frank L - 6:47pm 12/8/24
        I'm glad you finally found a reason not to vote for Trump. [NT] - NedoftheHill - 8:20pm 12/8/24
        Non sequitor Neddie cause you have nothing to say. I wouldn’t have voted for him under any - Frank L - 8:30pm 12/8/24
        I was speaking for myself. I'm sure he will try to decrease inflation. But, it's a complicated issue - NedoftheHill - 8:43pm 12/8/24
        I think we both know all that, but he’s the one that “uncomplicated” it to get elected. - Frank L - 9:05pm 12/8/24
        Happily, the results will not be as harmful for them than they would be if Harris had won. - NedoftheHill - 9:16pm 12/8/24
        Untrue according to many economists. [NT] - Frank L - 9:15am 12/9/24
        True according to many economists. - NedoftheHill - 2:11pm 12/9/24
        Let’s just see how it turns out. My bet is on significant inflationary pressure. [NT] - Frank L - 2:19pm 12/9/24
- So offset them with lower corporate tax rates - MarkHarman - 3:54pm 12/8/24
  - Yep. Fixing the reasons for the tariffs will save much more + they won’t need to last long…. - BaronVonZemo - 7:03pm 12/8/24
  - And? [NT] - Frank L - 6:18pm 12/8/24
  - What?...and leave less money for the Child Tax Credits you needed and enjoyed? [NT] - TyroneIrish - 5:39pm 12/8/24
    - Nice. [NT] - Frank L - 8:42pm 12/8/24