Looks like trump tariffs are working

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The US dollar is now worth 14% LESS than it was when Biden left office.
14% less in British Pounds, in Euros, in Yen and in Swiss Francs.

Inflation in the US is usually programmed to no more than 2% per year. This is how runaway inflation and boom and bust cycles in the economy are averted since FDR.

Not only has the USD lost a whopping 14% in six months, the increase in the stock market is mostly due to the dollar losing value.

You clearly know NOTHING about economics.
 
Gabriel_Bell said:
The US dollar is now worth 14% LESS than it was when Biden left office.
14% less in British Pounds, in Euros, in Yen and in Swiss Francs.

Inflation in the US is usually programmed to no more than 2% per year. This is how runaway inflation and boom and bust cycles in the economy are averted since FDR.

Not only has the USD lost a whopping 14% in six months, the increase in the stock market is mostly due to the dollar losing value.

You clearly know NOTHING about economics.
Click to expand...
i know that trade inblances are bd and we just had the lowest inbalance in decades its a signal and a marker your the one who knows nothing about economics expecally after biden fucked the entire nation.
o yes speaking of biden policys tell us all how the millions of illegals helped the economy
 
Gabriel_Bell said:
We will all soon see the utter disaster that Shitshizpant's idiotic tariffs produce.

Shitshizpants levies a 50% tariff on Brazil, which buys more from the US than the US buy from them, because Brazil is prosecuting Bolsonaro, who tried to overthrow a fair election and had a plan to assassinate Lila de Silva.

Brazil's defending its democracy has nothing whatever to do with unfair trade. Shitshizpants is a vengeful and hateful bully. He belongs in prison.
Click to expand...
yes indeed such as the trade defict between china and us shrinking more and more
 
The whole idea of a TRADE IMBALANCE is absurd. Everyone has a trade imbalance with their local supermarket.
Americans buy inexpensive items from China, such as computers that would cost us far more if they were made in the US.
We buy clothing and shoes from Bangladesh, India, and China for a much lower price than we could manufacture them for in the US.

Canada can produce aluminum and steel cheaper than the US because it has a HUGE supply of electricity from hydroelectric plants.
When Chinese made items that have been fully tariffed hit the stores, Americans will have to pay A LOT MORE, because the tariff is a tax paid by the eventual consumer.

The eventual retail price of goods made in China is les than half of what the Chinese factory paid to make them, before tariffs. Most of the price of such items is profit made by importers retail merchants and other middlemen.
 
Phoenix68 said:
.
sleep-disorder-is-more-common-than-we-thought-382194-960x540.jpg

.
Economic Policy Of The Bill Clinton Administration
.​
President Clinton oversaw a healthy economy during his tenure. The U.S. had strong economic growth (around 4% annually) and record job creation (22.7 million). He raised taxes on higher income taxpayers early in his first term and cut defense spending and welfare, which contributed to a rise in revenue and decline in spending relative to the size of the economy. These factors helped bring the United States federal budget into surplus from fiscal years 1998 to 2001, the only surplus years since 1969. Debt held by the public, a primary measure of the national debt, fell relative to GDP throughout his two terms, from 47.8% in 1993 to 31.4% in 2001.
"The Omnibus Budget Reconciliation Act of 1993 was a federal law that was enacted by the 103rd United States Congress and signed into law by President Bill Clinton on August 10, 1993. It has also been unofficially referred to as the Deficit Reduction Act of 1993. Part XIII of the law is also called the Revenue Reconciliation Act of 1993.
.
Combined with a strong economy, the 1993 deficit reduction plan produced smaller budget deficits each year. In 1998, the federal government experienced the first budget surplus since 1969. Reflecting the perceived importance of the budget surplus, the New York Times described the end of budget deficits as "the fiscal equivalent of the fall of the Berlin Wall."
"With the American economy just emerging from a two-year recession in the fall of 1992 and many Americans nervous about their economic prospects, Carville's one-note samba-- played over and over again throughout the campaign -- clearly helped propel Bill Clinton into the White House, forcing George Bush to retire to his beloved Texass.
.
Now it's Bill Clinton's turn to run for re-election. And though the economy is not moving backward (the definition of a recession),it's not setting any speed records either. Fifty percent of major U.S. companies trimmed their payrolls in the 12 months ending June1995, some of them significantly. Indeed, from March 1995 to March1996, 325,000 high-paying manufacturing jobs disappeared, according to the Bureau of Labor Statistics. The public -- especially the nearly 8 million people who are working two or more jobs to make ends meet -- know something is amiss. And they are concerned.
.
The administration's initial response was a mix of denial and cheerleading: the silly claim that the economy is the healthiest it's been in 30 years. The White House has had the good sense to back off a bit from this claim."
Click to expand...
The US government had to shut down in 1995 because Congress would not raise the debt ceiling or cut spending to keep Clinton's economy afloat without serious borrowing.
 
Gabriel_Bell said:
The whole idea of a TRADE IMBALANCE is absurd. Everyone has a trade imbalance with their local supermarket.
Americans buy inexpensive items from China, such as computers that would cost us far more if they were made in the US.
We buy clothing and shoes from Bangladesh, India, and China for a much lower price than we could manufacture them for in the US.

Canada can produce aluminum and steel cheaper than the US because it has a HUGE supply of electricity from hydroelectric plants.
When Chinese made items that have been fully tariffed hit the stores, Americans will have to pay A LOT MORE, because the tariff is a tax paid by the eventual consumer.

The eventual retail price of goods made in China is les than half of what the Chinese factory paid to make them, before tariffs. Most of the price of such items is profit made by importers retail merchants and other middlemen.
Click to expand...
Amateurs should not try to negotiate practical trade issues with other nations. Trump is surrounded by a team of great minds and negotiators and the Trump team is doing great things for America.
 
Gabriel_Bell said:
The whole idea of a TRADE IMBALANCE is absurd. Everyone has a trade imbalance with their local supermarket.
Americans buy inexpensive items from China, such as computers that would cost us far more if they were made in the US.
We buy clothing and shoes from Bangladesh, India, and China for a much lower price than we could manufacture them for in the US.

Canada can produce aluminum and steel cheaper than the US because it has a HUGE supply of electricity from hydroelectric plants.
When Chinese made items that have been fully tariffed hit the stores, Americans will have to pay A LOT MORE, because the tariff is a tax paid by the eventual consumer.

The eventual retail price of goods made in China is les than half of what the Chinese factory paid to make them, before tariffs. Most of the price of such items is profit made by importers retail merchants and other middlemen.
Click to expand...
your a real dumb ass you do not understand trade deficit any more then millions of illegals were bad for the nation and so was biden s inflatiin and overseas policys he sucked from ever position like you
 
Werbung:
the annoying thing said:
your a real dumb ass you do not understand trade deficit any more then millions of illegals were bad for the nation and so was biden s inflatiin and overseas policys he sucked from ever position like you
Click to expand...
by the way trade imbalamces are not determined by supermarket buys like you think thats a business who sells products not exports dumb asss anti america egg head
 

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