
simple1
Advanced Member-
Posts
19,357 -
Joined
-
Last visited
Content Type
Events
Forums
Downloads
Quizzes
Gallery
Blogs
Everything posted by simple1
-
And? So did G.W. Bush. Without knowing the reasons why other Presidents used the process, my understanding is trump is intending to us for thoroughly unacceptable appointees, even for some Republicans.
-
Naturally increased cost of production will be passed onto the consumer, with an uplift. Have to see what trump actually does with tariffs, 'cause it isn't a one way street which many seem to overlook. So far as I know protectionist economy policy has never ended up being a positive. https://www.worldbank.org/en/news/feature/2023/08/29/protectionism-is-failing-to-achieve-its-goals-and-threatens-the-future-of-critical-industries
-
Trump's proposed tariffs estimated to cost US auto industry $40 billion https://asia.nikkei.com/Politics/U.S.-elections-2024/Trump-tariffs-risk-raising-U.S.-auto-production-costs-by-40bn Forbes view of US auto industry https://www.forbes.com/councils/forbestechcouncil/2024/10/09/how-the-auto-industry-predicts-and-shapes-the-us-economy/
-
Apologies, just demonstrating there are credible organisations publishing fiscal research, Brookings are another More recent https://budgetlab.yale.edu/research/fiscal-macroeconomic-and-price-estimates-tariffs-under-both-non-retaliation-and-retaliation https://www.brookings.edu/articles/tariffs-on-all-imports-would-create-chaos-for-business/
-
Why experts are blasting Trump for 'already breaking the law'
simple1 replied to simple1's topic in Political Soapbox
snipped for brevity. As I understand trump cannot enact legislation without the support of Congress, but can use Exec Orders, not the same. Highly likely will only have two years to do so,. Then reversed when Dems get back in power. So far trump is establishing a Cabinet comprised of many sycophant's - best of luck with that...especially with Health Care & Justice systems with nut cases running them, if approved. -
The US taxpayer is currently funding approx $850 billion p,a, to service the interest on approx $35 trillion of national debt. IMO one method to assist servicing the debt would be to increase corporate tax. However, people who have a much greater understanding of the US economy will have published research papers, why not seek out the content e.g. https://www.rand.org/content/dam/rand/pubs/research_reports/RR300/RR353/RAND_RR353.sum.pdf
-
snipped for brevity. As you know trump clearly called for bribes in return for which he would provide extra support for the mega donors industries e.g. one billion dollars from oil industry execs. Just shows how corrupt politics is in the US and no doubt elsewhere.
-
Not my economic analysis. Naturally the economy took a while to recover and stabilise after Covid which is now happening. Unsure how much government can actually achieve on controlling consumer costs other than policies lowering inflation, But should trump increase tariffs consumer costs will increase. BTW enough of the personal MAGA insults, it's very childish
-
Actually I hold three citizenships, born and raised In London, UK. I'm interested in international affairs, but interested in trump's activities as they have a general impact across the Western world. IMO trump is a threat to US democracy / policies which flow through to other nations. Whatever I post makes no difference whatsoever, just posting my thoughts on trump's acts, which IMO, are contrary to common decency at all levels.
-
Why experts are blasting Trump for 'already breaking the law'
simple1 replied to simple1's topic in Political Soapbox
When during trump's term did the US cease being involved with wars? -
IMO the Mad Max Cabinet.
-
Tough guy - lol Government policies either assist the 'working class" or make life more challenging. Those that denigrate the lower classes, such as trump in his first term, deserve contempt. From cutting children's disability benefits to allowing employers to pocket workers' tips, Trump tried to slash protections for the working poor in ways that have been forgotten by many. https://www.propublica.org/article/donald-trump-agenda-working-class
-
Unfortunate you will not look at factual content. Australia is also more expensive to live after Covid. IMO much to do with price gauging which the government is finally acting upon with the supermarkets. Would MAGA accuse Biden of being a Marxist if he attempted to intervene with the markets, probably Yes. If trump, No.