candide

You can add to it that the big oil companies funding the GOP have absolutely no interest in driving prices down, and that the OPEC will reduce production if prices go down, as they always did. After puting ethical concerns apart, the main problem of Trump's program is that it is inflationist (unless he just pretends to apply it, as he did to a large extent during his first mandate). 1. Tariffs will result in higher prices and fuel inflation. 2. Mass deportation will leave many jobs unfilled and induce wage inflation, and hence price inflation 3. Tax cuts will stimulate demand, which will also trigger inflation. I wonder how the voters, who voted Trump because they believed his fake promise to reduce inflation (which is currently already low), will react to an increase of inflation. How will they vote during the midterm elections?

Increasing national defense expenses would be useful. However, coordinating and optimising these expenses at the aggregated level is much more important.

Why should I care about it? I did not post it?

Trump policies are inflationist: - mass deportation will induce wage inflation, and hence price inflation, - tariffs will create price inflation, - tax cuts will stimulate demand and hence trigger inflation.

The name of the thread should be changed for: "After Trump win, MAGA fans are still posting ridiculous conspiracy theories"! 😀

Anywhere, If they commit similar crimes.

Ok. The second part of my post was also hypothetical.

Jail them! Apparently, they were dumb enough to proudly post their crimes on social media. It should help!

He chose to reply to my post about it, didn't he? 😁

The future is hypothetical, the past is fact. Fact is that after 4 years this hypothesis has not been verifed. 😃

That's exactly what your reply was. How interesting you comment may be, it has nothing to do with the topic I was discussing, which was about trade deals and negotiating power. You made assumptions about the benefits from trade deals made by the EU without any idea of what was in these trade deals. One consistent characteristic was that the EU was giving some access to its market for products in exchange for getting access to the partner's service market, and UK was clearly the main service supplier in Europe, in particular of financial services. The other aspect is that UK was a significant player in the EU and had an influence in the negotiations. Claiming that these trade agreements were made only in favour of France and Germany shows your ignorance about this topic.

Nauseus got an idea! 😃

Blah blah. You don't know what's in the trade deals and how they have been negotiated.

I reply for you. I checked the trade deals with NZ and UK had to give more access to agricultural imports than the EU, in exchange for the same access for its products than the EU. 😁 It confirms my initial claim. https://borderlex.net/2022/07/13/new-zealand-eu-and-uk-ftas-herald-healthy-new-competition-for-good-deals/ https://www.nfuonline.com/updates-and-information/uk-new-zealand-trade-deal-how-does-this-compare-to-the-eu-deal/

A cause off what? What did the UK obtain that was better that what the EU obtained from the same countries?

It seems he has chosen so far a 'stuck in the middle' policy which is unlikely to bring any significant change.

Yawn... 😀

Exactly! Your posts would often deserve it! 😃

An imaginary trade deal? On top of it, you are completely misinformed. UK strongly benefited from trade deals made by the EU. In particular, one key point of these agreements was to give access to the EU market for products in exchange for the partner giving access to its market for EU services. BTW, how are post-Brexit trade deals negotiated by UK with Japan or NZ better than the trade deals negotiated by the EU with the same countries? Please tell us?

There is no significant unemployment increase forecast for the next 5 years. https://www.statista.com/statistics/217029/forecast-to-the-unemployment-rate-in-the-united-states/ Edit: you can also factor in the fact that baby boomers are retiring while U.S. born low-birth generations are joining the job market, so only foreign-born can fill the gap.

When you are small or medium sized you have a lower negotiating power than when you are big. For example, if Trump imposes tariffs on the EU, and the EU retaliates in a similar way it will significantly impact the U.S. economy. If UK imposes tariffs on U.S. imports, it will not be significant.

I am just stating something obvious. A mass deportation as promised by Trump will result in a lot of vacant jobs. As the unemployment rate is already low, it will cause wage inflation and price inflation (businesses will increase prices because they have to pay higher wages). That's Trump main problem: his promises are in contradiction with each other. He promised to decrease inflation (which is now already low), but mass deportation, tariffs and tax cuts will increase inflation.

As UK left the EU, it has a weak negotiating power against the U.S. It is an aggravating factor.

Combined with tax cuts and tariffs, a nice way to increase inflation! 😃

It's a thread about LW conspiracy theories, but as usual, the only posters pushing conspiracy theories in this thread are MAGA posters! 😃