Because free trade lowers prices. Localized pain is easier to publicize than generalized benefit. Free trade brings both.
The lowest 50% always suffers most when the economy tanks.
The 1950s are not coming back.
Replies to: "Does the bottom 50% consume goods?"
- "Trump says he’s ready to talk as new stock market losses fuel tariff chaos"... [LINK]
- TyroneIrish - 11:52am 4/7/25
(20) [View All]
- Here's the thing, the bottom 50% don't own stocks. - iairishcheeks - 1:17pm 4/7/25
- Econ for Dummies: Massive sales taxes have a big impact on 'the bottom 50%'. [NT]
- ND521 - 3:26pm 4/7/25
- True, but that has nothing to do with the stock market. [NT] - iairishcheeks - 3:37pm 4/7/25
- Read the linked article...especially the parts I highlighted...there is no way the U.S. can return - TyroneIrish - 1:40pm 4/7/25
- You're cheering for "managed decline". Revisit Konstantin Kisin's ARC speech. - iairishcheeks - 2:41pm 4/7/25
- Hardly...I'm looking to the future where we design and build Systems that provide Unlimited, - TyroneIrish - 6:57pm 4/7/25
- You should be the biggest Elon Musk fan. - iairishcheeks - 7:27pm 4/7/25
- I'm not sure that Elon fully "Gets It" as to why Trump's tariffs are harmful, but at least he's on [LINK]
- TyroneIrish - 8:17pm 4/7/25
- You should be the biggest Elon Musk fan if you weren't so corrupted. [NT]
- iairishcheeks - 11:33pm 4/7/25
- What corruption? [NT]
- TyroneIrish - 12:52am 4/8/25
- The inability to realize that what you want can be done by the person you hate for no good reason. - iairishcheeks - 3:51pm 4/8/25
- As we're al learning now, from actually seeing and hearing him operate, Elon is a mentally disturbed - TyroneIrish - 8:39pm 4/8/25
- The inability to realize that what you want can be done by the person you hate for no good reason. - iairishcheeks - 3:51pm 4/8/25
- What corruption? [NT]
- TyroneIrish - 12:52am 4/8/25
- You should be the biggest Elon Musk fan if you weren't so corrupted. [NT]
- iairishcheeks - 11:33pm 4/7/25
- I'm not sure that Elon fully "Gets It" as to why Trump's tariffs are harmful, but at least he's on [LINK]
- TyroneIrish - 8:17pm 4/7/25
- You should be the biggest Elon Musk fan. - iairishcheeks - 7:27pm 4/7/25
- Hardly...I'm looking to the future where we design and build Systems that provide Unlimited, - TyroneIrish - 6:57pm 4/7/25
- You're cheering for "managed decline". Revisit Konstantin Kisin's ARC speech. - iairishcheeks - 2:41pm 4/7/25
- Does the bottom 50% consume goods? - Chris94 - 1:23pm 4/7/25
- Of course, which is why "zero-zero" tariffs is the definition of a win. - iairishcheeks - 2:37pm 4/7/25
- It's not a "win," in the minds of these morons, unless manufacturing jobs come back - Chris94 - 2:49pm 4/7/25
- This is the parallel to The Grapes of Wrath you can't seem to grasp. - iairishcheeks - 3:26pm 4/7/25
- It's not a "win," in the minds of these morons, unless manufacturing jobs come back - Chris94 - 2:49pm 4/7/25
- Of course, which is why "zero-zero" tariffs is the definition of a win. - iairishcheeks - 2:37pm 4/7/25
- Econ for Dummies: Massive sales taxes have a big impact on 'the bottom 50%'. [NT]
- ND521 - 3:26pm 4/7/25
- He mentioned a new, 50% tariff on China this morning. Which is helpful. [NT]
- Chris94 - 12:36pm 4/7/25
- Very calming for the markets. [NT]
- Frank L - 12:48pm 4/7/25
- Yup, though I did buy some AAPL @176. [NT] - ND521 - 1:06pm 4/7/25
- Very calming for the markets. [NT]
- Frank L - 12:48pm 4/7/25
- Putin's media cronies LOVE Trump and want to erect a monument to him for destroying Capitalism. [NT] [LINK] - Curly1918 - 12:33pm 4/7/25
- Here's the thing, the bottom 50% don't own stocks. - iairishcheeks - 1:17pm 4/7/25