
Eric Loh
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Everything posted by Eric Loh
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Bringing back manufacturing is just another Trump’s stupid slogan. There are multifaceted challenges that extends beyond simple economics. The service industry is a trade surplus for US. The engine of growth no longer in manufacturing but in the domestic economy which is 2/3 of GDP. Domestic economy benefit from competitive pricing from off shore production. Trump is killing the domestic economy. The boycott American goods and services around the world because of Trump is projected to be $84 B this year and will take off 0.1 to 0.3 GDP. This is a disaster of gigantic proportion for US and is driven by one man insanity and narcissism.
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This kind of threats will just hardened China's " never again " submit to past century of humilitation by big powers. China is now strong economically and militarily and not be subjected to bullying tactics. This kind of threats will galvanized local nationalism and backfire on American products in China. Trump is a crazy bull in a china shop. He will soon learn a bitter lesson.
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Trump Declares 'Liberation Day' as Sweeping Tariffs Take Effect
Eric Loh replied to Social Media's topic in World News
This tariff war is just don’t made sense. The domestic economy is 2/3rd of the GDP and the main engine of growth. The increase in tariffs elevate prices and reduce spending thus dampening the domestic economy. Lowering and not raising the tariffs will help the economy. US need high paying jobs especially in tech and tariffs should be targeted for such purposes. Broad sweeping tariffs is self inflicting disaster for the economy. -
Trump Declares 'Liberation Day' as Sweeping Tariffs Take Effect
Eric Loh replied to Social Media's topic in World News
Jobs rebounded from wildfire and weather which dampened the job market in Feb. Also jobs created in the transportation and warehousing due to front loading purchases in anticipation of the tariffs. March report is the calm before the storm. -
Trump’s tariff implementation should be targeted against EU’s trading discrepancies rather than a broad sweeping tariffs. The sectors that US see as unfair trade are automobiles and agriculture. Mind you, US enjoyed a trade surplus with the EU on service trade. Not a zero sum game but Trump seem to just bulldozed his way forward without any proper process. Perhaps because he is dumb as a rock.
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I wondering if Trump know that US has a trade surplus in the service industry. Service industry growth outpaced real GDP growth. Over 1 trillion USD in services are exported. The service sector has been declining with Trump's trade policy uncertainties and now the tariffs will be a hammerblow as recessionary and global growth fears weigh on the sector. Trump is reckless and don't grasp the totality of his tariff war which will drive down the world economy. He is surrounded by sycophants and cowards who are gutless to speak out.
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Tesla’s Sales Plummet, Marking Lowest Numbers in Three Years
Eric Loh replied to Social Media's topic in World News
What is also helpful is having DOGE be more transparent with their internal records. -
Trump Declares 'Liberation Day' as Sweeping Tariffs Take Effect
Eric Loh replied to Social Media's topic in World News
Careful what you wish for. Those gonads are your own people especially the lower-income households. It's estimated that it will cost the average household $3,800 per year. Ouch. -
Democrats favors a mixed economy and generally supports a progressive tax system. higher munimum wages, social security, universal healthcare, public education, infrastructure development and clean energy investments. Trump is bringing a chainsaw to wreck all these. I will give him credit for charming and lying to the people and winning the election. 3 months into his Presidency and the country is isolated by close allies and facing an impending recession.
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Trump Declares 'Liberation Day' as Sweeping Tariffs Take Effect
Eric Loh replied to Social Media's topic in World News
Oh really ! 10% tariffs on Jan Mayen? The island is uninhabited. Trump is an idiot who doesn';t know what he is doing and poorly advised by his self-serving economic advisers. -
Trump Declares 'Liberation Day' as Sweeping Tariffs Take Effect
Eric Loh replied to Social Media's topic in World News
I know what reciprocal meant but what I dont understand is how Trump calculate the reciprocal tariffs. You seem to be in the know. Please explain. Thank you. -
Behind the Curtain: How Biden’s Decline Shaped Harris’s Role
Eric Loh replied to Social Media's topic in World News
Not the Democrats but the hundreds of mental health professionals warned of his cognitive decline. Waiting for his release of his health information, not his tax return. Anyway he failed to release his recent returns for the 2024 election. -
Are you disagreeing with your dear leader that Russia started the war? Putin need the war to stay in power. He is stringing Trump all along. Trump has been played and is embarrassed by all his shortcomings that he lashed out at Putin. https://www.nbcnews.com/news/world/reversal-trump-says-russia-attacked-ukraine-rcna193299
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Behind the Curtain: How Biden’s Decline Shaped Harris’s Role
Eric Loh replied to Social Media's topic in World News
He should release his health information. Why the secrecy. Harris revealed hers. He rambled a lot and his unintelligible speeches raised questions about his mental decline. Playing DJ and abruptly ending a town hall doesn't help dispel questions on his cognitive decline. -
Behind the Curtain: How Biden’s Decline Shaped Harris’s Role
Eric Loh replied to Social Media's topic in World News
I thought you are intelligent enough to notice that he is a dumb sht. I am dissapointed with you. -
Behind the Curtain: How Biden’s Decline Shaped Harris’s Role
Eric Loh replied to Social Media's topic in World News
Harris no way near Trump's uncouth, lack of discipline, decorum and toxic masculinity on the world stage. -
Behind the Curtain: How Biden’s Decline Shaped Harris’s Role
Eric Loh replied to Social Media's topic in World News
Biden and Harris are passe. There are more serious issues now with a cognitive challenged POTUS who is dictating policies that affect the country and the world and has yet to show his medical report.