Trump's Policies are Inflationary

Toro

Diamond Member
Sep 29, 2005
108,723
47,291
The single biggest economic issue that people complain about is inflation. And for good reason. Inflation is insidious. That's why the Establishment - you know, the people that most of you hate - worked hard for 40 years to keep inflation under control.

Who's policy proposals are most inflationary? That's easy. Donald Trump. And I don't like Biden's economic policies.

Here is what Donald Trump is proposing as economic policy

  • 10% tariffs on all imported goods, 60% tariffs on all Chinese imports
  • Reducing or eliminating the independence of the Federal Reserve, keeping interest rates low
  • Deporting 15 million people who do all the shitty jobs Americans won't do.

Tariffs - Tariffs are taxes. They are taxes paid by American consumers. They are NOT paid by foreigners. It is the height of economic ignorance to believe otherwise. Trump's tariffs are inflationary as US companies will jack up prices to pay for the taxes.

The Federal Reserve - There is very strong evidence that an independent central bank does a better job at controlling inflation. Countries where the central bank is weak - Argentina, Turkey, Zimbabwe, Venezuela - have very high inflation or even hyperinflation.

Deportation - I get why people don't like illegal immigrants. But many do the jobs that most Americans won't do. They account for 22% of construction workers, 23% of service and hospitality workers, and over 30% of agricultural workers. What do you think is going to happen to home prices and food prices when you eliminate a good chunk of the workers are no longer here? Pro tip: They ain't going down.

 
The single biggest economic issue that people complain about is inflation. And for good reason. Inflation is insidious. That's why the Establishment - you know, the people that most of you hate - worked hard for 40 years to keep inflation under control.

Who's policy proposals are most inflationary? That's easy. Donald Trump. And I don't like Biden's economic policies.

Here is what Donald Trump is proposing as economic policy

  • 10% tariffs on all imported goods, 60% tariffs on all Chinese imports
  • Reducing or eliminating the independence of the Federal Reserve, keeping interest rates low
  • Deporting 15 million people who do all the shitty jobs Americans won't do.

Tariffs - Tariffs are taxes. They are taxes paid by American consumers. They are NOT paid by foreigners. It is the height of economic ignorance to believe otherwise. Trump's tariffs are inflationary as US companies will jack up prices to pay for the taxes.

The Federal Reserve - There is very strong evidence that an independent central bank does a better job at controlling inflation. Countries where the central bank is weak - Argentina, Turkey, Zimbabwe, Venezuela - have very high inflation or even hyperinflation.

Deportation - I get why people don't like illegal immigrants. But many do the jobs that most Americans won't do. They account for 22% of construction workers, 23% of service and hospitality workers, and over 30% of agricultural workers. What do you think is going to happen to home prices and food prices when you eliminate a good chunk of the workers are no longer here? Pro tip: They ain't going down.


Not just "inflationary"

WILDLY inflationary.
 
The single biggest economic issue that people complain about is inflation. And for good reason. Inflation is insidious. That's why the Establishment - you know, the people that most of you hate - worked hard for 40 years to keep inflation under control.

Who's policy proposals are most inflationary? That's easy. Donald Trump. And I don't like Biden's economic policies.

Here is what Donald Trump is proposing as economic policy

  • 10% tariffs on all imported goods, 60% tariffs on all Chinese imports
  • Reducing or eliminating the independence of the Federal Reserve, keeping interest rates low
  • Deporting 15 million people who do all the shitty jobs Americans won't do.

Tariffs - Tariffs are taxes. They are taxes paid by American consumers. They are NOT paid by foreigners. It is the height of economic ignorance to believe otherwise. Trump's tariffs are inflationary as US companies will jack up prices to pay for the taxes.

The Federal Reserve - There is very strong evidence that an independent central bank does a better job at controlling inflation. Countries where the central bank is weak - Argentina, Turkey, Zimbabwe, Venezuela - have very high inflation or even hyperinflation.

Deportation - I get why people don't like illegal immigrants. But many do the jobs that most Americans won't do. They account for 22% of construction workers, 23% of service and hospitality workers, and over 30% of agricultural workers. What do you think is going to happen to home prices and food prices when you eliminate a good chunk of the workers are no longer here? Pro tip: They ain't going down.


How can it get any worse? You got nothing but speculation.
 
It's just so obvious the moron Trump doesn't know anything about anything.

He hears a group of rich people hates something? Then he tells them he will get rid of it, and to give generously.

Focus groups tingle at the mention of China? Then he says he will impose tariffs.

He is a shallow, reactionary idiot.
 
The single biggest economic issue that people complain about is inflation. And for good reason. Inflation is insidious. That's why the Establishment - you know, the people that most of you hate - worked hard for 40 years to keep inflation under control.

Who's policy proposals are most inflationary? That's easy. Donald Trump. And I don't like Biden's economic policies.

Here is what Donald Trump is proposing as economic policy

  • 10% tariffs on all imported goods, 60% tariffs on all Chinese imports
  • Reducing or eliminating the independence of the Federal Reserve, keeping interest rates low
  • Deporting 15 million people who do all the shitty jobs Americans won't do.

Tariffs - Tariffs are taxes. They are taxes paid by American consumers. They are NOT paid by foreigners. It is the height of economic ignorance to believe otherwise. Trump's tariffs are inflationary as US companies will jack up prices to pay for the taxes.

The Federal Reserve - There is very strong evidence that an independent central bank does a better job at controlling inflation. Countries where the central bank is weak - Argentina, Turkey, Zimbabwe, Venezuela - have very high inflation or even hyperinflation.

Deportation - I get why people don't like illegal immigrants. But many do the jobs that most Americans won't do. They account for 22% of construction workers, 23% of service and hospitality workers, and over 30% of agricultural workers. What do you think is going to happen to home prices and food prices when you eliminate a good chunk of the workers are no longer here? Pro tip: They ain't going down.


why didn't Trumps tariffs cause inflation during his presidency ... you're just another leftwing CCP apologist .. tell us commie did the virus come from a lab or not ?
 
Because they were nowhere near as high or as broad as he is proposing today.

STFU low rent moron.
ya don't want to place tariffs on your communist allies eh commie ? you need to be talking about the record Bidenflation Americans are suffering under today .
 
The single biggest economic issue that people complain about is inflation. And for good reason. Inflation is insidious. That's why the Establishment - you know, the people that most of you hate - worked hard for 40 years to keep inflation under control.

Who's policy proposals are most inflationary? That's easy. Donald Trump. And I don't like Biden's economic policies.

Here is what Donald Trump is proposing as economic policy

  • 10% tariffs on all imported goods, 60% tariffs on all Chinese imports
  • Reducing or eliminating the independence of the Federal Reserve, keeping interest rates low
  • Deporting 15 million people who do all the shitty jobs Americans won't do.

Tariffs - Tariffs are taxes. They are taxes paid by American consumers. They are NOT paid by foreigners. It is the height of economic ignorance to believe otherwise. Trump's tariffs are inflationary as US companies will jack up prices to pay for the taxes.

The Federal Reserve - There is very strong evidence that an independent central bank does a better job at controlling inflation. Countries where the central bank is weak - Argentina, Turkey, Zimbabwe, Venezuela - have very high inflation or even hyperinflation.

Deportation - I get why people don't like illegal immigrants. But many do the jobs that most Americans won't do. They account for 22% of construction workers, 23% of service and hospitality workers, and over 30% of agricultural workers. What do you think is going to happen to home prices and food prices when you eliminate a good chunk of the workers are no longer here? Pro tip: They ain't going down.


You are what your record says you are. Simple as that. Trump;s economy was great, Biden economy sucks.
 
household income grew under Trump and inflation was below 2 % on average .

Real GDP per capital per annum rose 1.8% during the last three years under Obama, and rose 1.6% during the first three years under Trump.


Keep clinging, cultist!
 
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