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Home > Forums > The Open Forum
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Maybe we need another "Inflation Reduction Act".

Author: iairishcheeks (27346 Posts - Original UHND Member)
Posted at 9:41 am on Apr 5, 2025
View All

Which is now estimated to cost more than $1 trillion over the next 10 years and between $2 trillion and $4 trillion by 2050, and did absolutely nothing to reduce inflation. Ya know, a bait and switch.

What Trump should be doing now is negotiating with our allies (and Mexico with pressure to fix their damn country) for truly free trade, no tariffs. But I fear he really thinks we can go back to 1913 where the government is funded by tariffs and no income tax.

And then he needs to push to return the federal budget back to 2019 level: $4.4T. The 2024 federal revenue was $4.9T, this would be a surplus of $0.5T. I think we could survive at the 2019 level, even with the additional interest. Plenty of fat to trim (and pigs squeal).


https://www.visualcapitalist.com/wp-content/uploads/2025/04/Tariff-Rates_Global-Avg_02-web.jpg

This message has been edited 1 time(s).

Replies to: "Maybe we need another "Inflation Reduction Act"."

  • Did Trump pull a bait and switch? - Quest4twelve - 8:02am 4/5/25 (21) [View All]
    • No! Trump did exactly what he promised in campaign. He is the only leader with courage to do it. [NT] - Eli - 10:39am 4/5/25
      • Guess you failed math from whatever country you came from. Reciprocal means what over there? [NT] - Quest4twelve - 10:53am 4/5/25
        • ??? No idea what you're talking about from your own thread. [NT] - Eli - 10:59am 4/5/25
          • Keep up Eli... I'll type slower - Quest4twelve - 11:13am 4/5/25
            • Tarriff will raise price. If not raising the price, that means tariff doesn't work. But tariff will - Eli - 11:24am 4/5/25
              • Thank you for eventually agreeing with me that Trump lied on bringing prices down now. - Quest4twelve - 1:40pm 4/5/25
                • No. In reality most countries will negotiate with US. The new deal will result in no tarriffs - Eli - 2:29pm 4/5/25
                  • Crazy how you have such blind faith broham. Aren't you the one who says you're not a Trumper? - Quest4twelve - 4:34pm 4/5/25
                    • . [NT] - Frank L - 12:07pm 4/6/25
    • And here I thought fixing decades of lack of will to do the tough things would be easy. [NT] - NedoftheHill - 9:48am 4/5/25
      • Fixing it? Bwahahahaha. You mean making it worse. - Frank L - 10:37am 4/5/25
        • You think DOGE is just a smoke screen to increase spending? [NT] - NedoftheHill - 1:54pm 4/5/25
          • I know what the numbers say. I have my own thoughts on the subject, but they are speculation. - Frank L - 12:09pm 4/6/25
      • Round 1 of Trump was fixing the trade imbalance and he made it worse. - Quest4twelve - 10:24am 4/5/25
    • Maybe we need another "Inflation Reduction Act". [IMAGE] - iairishcheeks - 9:41am 4/5/25
      • Went straight to wahtaboutism, cool. Didn't Trump negotiate and come up with USMCA? [NT] - Quest4twelve - 10:29am 4/5/25
        • You brought up bait and switch as if it was a new phenomenon. - iairishcheeks - 11:02am 4/5/25
          • How was the IRA a bait and switch, please explain? [NT] - Quest4twelve - 11:17am 4/5/25
            • It was called the "Inflation Reduction Act" and did no such thing, for starters. - iairishcheeks - 11:42am 4/5/25
              • Inflation went down whether directly or indirectly of the IRA - Quest4twelve - 1:37pm 4/5/25
                • Economists are pretty unanimous that it had little to no effect. - iairishcheeks - 2:00pm 4/5/25
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