Could Trump's plan fail in a spectacular fashion?

[spidermike007]

It would appear at this point that Trump's seesaw approach to tariffs is having a dire effect on the US economy, thousands of jobs are being lost every day, the stock market is crashing (and believe me that crash has only just begun) and many countries are re-thinking their relationships with the US, realizing that the US is not the dependable ally they thought it was.

 

Many are avoiding visits to the US which could decimate American tourism, and many nations are likely planning their manufacturing in such a way that they are considerably less dependent on American imports, exports, and sales.

 

A wave of frustration over prolonged inflation helped power Trump to victory in November, and a majority of respondents -- 58% -- said inflation would be a major factor in deciding their vote in future elections. But just 32% approved of the job Trump was doing on inflation. Views of the economy by households deteriorated this month to the lowest level in over a year, according to a widely followed survey by the University of Michigan.

 

So where does that leave America (and Trump) in the grand scheme of things, and how badly could Trump's policies come back and bite him on his enormous butt? 

 

In the minds of many of us Trump is grossly overestimating the importance of the US and the dependence of other nations on the US. Granted the US economy is still huge, but it's not immune to damage, it's not immune to punishment by other nations, it could start shrinking, and it's not immune to crashing. 

 

Of course this could all just be some insane scheme to crash the US economy and the world economy with it, thereby making Trump and his super rich buddies even richer in the process. Who knows what lurks in the mind of this completely unhinged man? One thing is for certain, he's being very poorly advised by highly inexperienced and incompetent people, and he is going to lose a very significant percent of his support base if he continues with these insane policies. 

 

 

[Jingthing]

He doesn't have a plan.

[Cameroni]

5 minutes ago, spidermike007 said:

In the minds of many of us Trump is grossly overestimating the importance of the US and the dependence of other nations on the US.

No, you and most US presidents before Trump grossly underestimated the importance of the US economy and the strength and depth of the US economy and its role in the world.

 

Trump, the first billionaire president, fully understands the importance of the US economy. He knows that the US is more important to China, Germany, Japan, UK, etc than vice versa, because the US is the stronger domestic market, the more valuable market. This means that the US can in fact restructure market access to its own advantage.

 

America is now benefitting from tariffs that will result in people in the end having to buy US made products because they are much cheaper. This will protect more jobs and create more jobs in the US, not to mention the money the tariffs will send to US coffers.

 

If some large corporations lose money because of this market access restructuring - too bad, but it is a price worth paying in the long run because America will become richer even if some companies fail.

[hotsun]

5 minutes ago, Jingthing said:

He doesn't have a plan.

Right, the democrats had a plan though. Let in third worlders that will vote democrat. See what europe is doing now

[jas007]

20 minutes ago, spidermike007 said:

It would appear at this point that Trump's seesaw approach to tariffs is having a dire effect on the US economy, thousands of jobs are being lost every day, the stock market is crashing (and believe me that crash has only just begun) and many countries are re-thinking their relationships with the US, realizing that the US is not the dependable ally they thought it was.

 

Many are avoiding visits to the US which could decimate American tourism, and many nations are likely planning their manufacturing in such a way that they are considerably less dependent on American imports, exports, and sales.

 

A wave of frustration over prolonged inflation helped power Trump to victory in November, and a majority of respondents -- 58% -- said inflation would be a major factor in deciding their vote in future elections. But just 32% approved of the job Trump was doing on inflation. Views of the economy by households deteriorated this month to the lowest level in over a year, according to a widely followed survey by the University of Michigan.

 

So where does that leave America (and Trump) in the grand scheme of things, and how badly could Trump's policies come back and bite him on his enormous butt? 

 

In the minds of many of us Trump is grossly overestimating the importance of the US and the dependence of other nations on the US. Granted the US economy is still huge, but it's not immune to damage, it's not immune to punishment by other nations, it could start shrinking, and it's not immune to crashing. 

 

Of course this could all just be some insane scheme to crash the US economy and the world economy with it, thereby making Trump and his super rich buddies even richer in the process. Who knows what lurks in the mind of this completely unhinged man? One thing is for certain, he's being very poorly advised by highly inexperienced and incompetent people, and he is going to lose a very significant percent of his support base if he continues with these insane policies. 

 

 

I've had similar thoughts.  Even Musk will tell you they're not certain if they will succeed. Nothing is certain.  Trump may well be the Captain of a sinking ship.  I thought that, the other day, when he was in his office signing executive orders. We had all better home, though, that he is successful in turning things around, as the current crop of so-called "Democrats" have no plan.  Their only "plan" is to destroy America and everything it stands for.  It's all part of a Globalist scheme orchestrated by the likes of Klaus Schwab at the WEF and Bill Gates. 

[Dan O]

21 minutes ago, spidermike007 said:

It would appear at this point that Trump's seesaw approach to tariffs is having a dire effect on the US economy, thousands of jobs are being lost every day, the stock market is crashing (and believe me that crash has only just begun) and many countries are re-thinking their relationships with the US, realizing that the US is not the dependable ally they thought it was.

 

Many are avoiding visits to the US which could decimate American tourism, and many nations are likely planning their manufacturing in such a way that they are considerably less dependent on American imports, exports, and sales.

 

A wave of frustration over prolonged inflation helped power Trump to victory in November, and a majority of respondents -- 58% -- said inflation would be a major factor in deciding their vote in future elections. But just 32% approved of the job Trump was doing on inflation. Views of the economy by households deteriorated this month to the lowest level in over a year, according to a widely followed survey by the University of Michigan.

 

So where does that leave America (and Trump) in the grand scheme of things, and how badly could Trump's policies come back and bite him on his enormous butt? 

 

In the minds of many of us Trump is grossly overestimating the importance of the US and the dependence of other nations on the US. Granted the US economy is still huge, but it's not immune to damage, it's not immune to punishment by other nations, it could start shrinking, and it's not immune to crashing. 

 

Of course this could all just be some insane scheme to crash the US economy and the world economy with it, thereby making Trump and his super rich buddies even richer in the process. Who knows what lurks in the mind of this completely unhinged man? One thing is for certain, he's being very poorly advised by highly inexperienced and incompetent people, and he is going to lose a very significant percent of his support base if he continues with these insane policies. 

 

 

I would agree. 1 of the issues with people that have wealth or access to it is they were never part of the normal lifestyle, life problems or difficulties. When you skate through life as he and many others have, they have no perspective of what normal people deal with so their view of reality and how to "improve" it is not accurate. He's living in the belief of America as a world power in the 1970's. He's a talking head without clear direction other than what a group behind the scenes have feed him. You see him already starting to flip flop on issues..

[bubblegum]

He has no plan

People won't buy Made in the USA

US is already hated in a lot of places around the world and this will only grow.

Grow so fast that in the end the USA will be avoided at al costs.

[Jingthing]

27 minutes ago, hotsun said:

Right, the democrats had a plan though. Let in third worlders that will vote democrat. See what europe is doing now

The democrats plan brought us the best economy in the first world. Trump has managed with his chaotic idiocy no plan to blow that up in a matter of weeks.

[Gottfrid]

42 minutes ago, Cameroni said:

No, you and most US presidents before Trump grossly underestimated the importance of the US economy and the strength and depth of the US economy and its role in the world.

 

Trump, the first billionaire president, fully understands the importance of the US economy. He knows that the US is more important to China, Germany, Japan, UK, etc than vice versa, because the US is the stronger domestic market, the more valuable market. This means that the US can in fact restructure market access to its own advantage.

 

America is now benefitting from tariffs that will result in people in the end having to buy US made products because they are much cheaper. This will protect more jobs and create more jobs in the US, not to mention the money the tariffs will send to US coffers.

 

If some large corporations lose money because of this market access restructuring - too bad, but it is a price worth paying in the long run because America will become richer even if some companies fail.

Are you by any chance related to MLK? He also had a dream. 🤣

[Harrisfan]

29 minutes ago, bubblegum said:

He has no plan

People won't buy Made in the USA

US is already hated in a lot of places around the world and this will only grow.

Grow so fast that in the end the USA will be avoided at al costs.

Americans are liked more than most.

[Patong2021]

49 minutes ago, Cameroni said:

No, you and most US presidents before Trump grossly underestimated the importance of the US economy and the strength and depth of the US economy and its role in the world.

 

Trump, the first billionaire president, fully understands the importance of the US economy. He knows that the US is more important to China, Germany, Japan, UK, etc than vice versa, because the US is the stronger domestic market, the more valuable market. This means that the US can in fact restructure market access to its own advantage.

 

America is now benefitting from tariffs that will result in people in the end having to buy US made products because they are much cheaper. This will protect more jobs and create more jobs in the US, not to mention the money the tariffs will send to US coffers.

 

If some large corporations lose money because of this market access restructuring - too bad, but it is a price worth paying in the long run because America will become richer even if some companies fail.

 

You assume that the  products are available in the USA.

The USA does not currently have the capacity to manufacture or produce most of the tariffed items (both US imposed, and foreign nation counter imposed). Factories cannot be built and staffed  overnight, let alone in 1 or 2 or even 3 years.

It is not the large companies who will lose out, but the US consumer and US worker.

What's your plan to offset the increased cost of living tariffs cause, and the reduction of employment that will occur? Not everyone wants to work in a factory making lightbulbs or or in a noisy sawmill breathing in sawdust and ingesting bugs and debris. Americans are  not much for manual labour as seen by the agriculture sector's reliance on immigrant farm workers.

[transam]

1 minute ago, Harrisfan said:

Americans are liked more than most.

How do you know.........?  🙄

[Patong2021]

1 minute ago, Harrisfan said:

Americans are liked more than most.

Not anymore. Trump has singlehandedly destroyed the US brand.

[Harrisfan]

21 minutes ago, Jingthing said:

The democrats plan brought us the best economy in the first world. Trump has managed with his chaotic idiocy no plan to blow that up in a matter of weeks.

Worst inflation 

[Harrisfan]

Just now, Patong2021 said:

Not anymore. Trump has singlehandedly destroyed the US brand.

Name the top 3 farang groups disliked by Thais and the top 3 by crime. 

[Harrisfan]

53 minutes ago, hotsun said:

Right, the democrats had a plan though. Let in third worlders that will vote democrat. See what europe is doing now

Spend money on wars and hotels for illegals. Great plan.

[LosLobo]

1 hour ago, Jingthing said:

He doesn't have a plan.

I agree!

Just like his Health Care Plan which after 13 years only turned out to be just the 'concepts of a plan'.
 

 

[Jim Blue]

8 minutes ago, Harrisfan said:

Spend money on wars and hotels for illegals. Great plan.

Seems the stock market has a mind of its own ...

Plan or no plan .....

 

[Purdey]

Many large American companies will have trouble with the tariffs. Just because they advertise as Made in the USA, a lot of parts are made abroad and imported to build the final product. Brands like Fender make nice guitars in Mexico.

Also set to raise American production costs, Ontario, Canada's most populous province, is adding a 25% surcharge to all electricity exports sent to the U.S.  85% of potash, an essential ingredient used by the farming industry in the U.S. comes from Canada. Wait until those good ol' boys realize this.

[Harrisfan]

1 minute ago, Jim Blue said:

Seems the stock market has a mind of its own ...

Plan or no plan .....

 

The stock falls are mostly driven by pe corrections. Happens everytime they go too high.

[Cameroni]

13 minutes ago, Patong2021 said:

 

You assume that the  products are available in the USA.

The USA does not currently have the capacity to manufacture or produce most of the tariffed items (both US imposed, and foreign nation counter imposed). Factories cannot be built and staffed  overnight, let alone in 1 or 2 or even 3 years.

It is not the large companies who will lose out, but the US consumer and US worker.

What's your plan to offset the increased cost of living tariffs cause, and the reduction of employment that will occur? Not everyone wants to work in a factory making lightbulbs or or in a noisy sawmill breathing in sawdust and ingesting bugs and debris. Americans are  not much for manual labour as seen by the agriculture sector's reliance on immigrant farm workers.

 

The US does not need to manufacture or produce most of the tariffed items. Whilst that is preferable, the beauty of this modern world is that it is a market place. With a 27 TRILLION GDP the US can obtain the tariffed items elsewhere. Yes, that may be more expensive in some instances, but when weighed up against the benefit of US market participants buying mostly US produced products it is a price worth paying for Americans. Because it secures US jobs and creates US jobs.

 

Yes of course some companies will fail, some consumer items will become more expensive for some time and some people will lose their jobs, however, this is a neccessary adjustment to ensure that in the long term the money made by US workers is spent on US produced goods. This is sound economic policy and very sensible.

 

 

 

 

 

 

[G Rex]

I am amazed at the rubbish this smug orange creature spouts daily.

Every day a different lie or ridiculous exaggeration.

I don't understand why he is not quizzed by the main stream media more - is everyone in his pocket?

I do not think he actually has a coherent 'plan'.

[Jim Blue]

3 minutes ago, Harrisfan said:

The stock falls are mostly driven by pe corrections. Happens everytime they go too high.

Let's hope so , I have beer to buy !

[transam]

23 minutes ago, Harrisfan said:

Name the top 3 farang groups disliked by Thais and the top 3 by crime. 

Off-Topic........Get a life.........🤫

[MalcolmB]

26 minutes ago, Harrisfan said:

Americans are liked more than most.

I don’t like them.

[theshu25]

1 hour ago, Jingthing said:

He doesn't have a plan.

He does have a concept of a plan.

[theshu25]

10 minutes ago, G Rex said:

I am amazed at the rubbish this smug orange creature spouts daily.

Every day a different lie or ridiculous exaggeration.

I don't understand why he is not quizzed by the main stream media more - is everyone in his pocket?

I do not think he actually has a coherent 'plan'.

The village idiot has not got the brain to have a plan. No way this idiot can last 4 yrs,and thats including the 2 years the mongol will spend playing golf.

[Cameroni]

I wonder if this is the imbalance of power Karl Marx foresaw. Now that the US has woken up to its own market power and is extracting money for access to its market in a grand fashion, could it be that down the line the pillaging of other nations resources by military force by the US forces could be on the cards? Will colonialism make a return? Except this time it will be the US exploiting other nations by military force?

[spidermike007]

31 minutes ago, Patong2021 said:

 

You assume that the  products are available in the USA.

The USA does not currently have the capacity to manufacture or produce most of the tariffed items (both US imposed, and foreign nation counter imposed). Factories cannot be built and staffed  overnight, let alone in 1 or 2 or even 3 years.

It is not the large companies who will lose out, but the US consumer and US worker.

What's your plan to offset the increased cost of living tariffs cause, and the reduction of employment that will occur? Not everyone wants to work in a factory making lightbulbs or or in a noisy sawmill breathing in sawdust and ingesting bugs and debris. Americans are  not much for manual labour as seen by the agriculture sector's reliance on immigrant farm workers.

That's a very good point, and one that most Trump voters simply do not understand. They got so caught up in the hyperbole, and the anti- immigration fervor that they forgot that Americans don't want to wash dishes, they don't want to do basic landscaping, they don't want to work in fast food kitchens, they don't want to pick fruit, and they don't want to do dozens of other jobs that require low-paying manual labor, without much in the way of benefits. 

 

America would be a completely broken nation without its immigrants, most of whom are very hard workers and work for less than Americans are willing to work for. It's the same in many countries around the world. Trump knows that, he's just simply playing with his supporters. 

[Cameroni]

1 minute ago, spidermike007 said:

That's a very good point, and one that most Trump voters simply do not understand. They got so caught up in the hyperbole, and the anti- immigration fervor that they forgot that Americans don't want to wash dishes, they don't want to do basic landscaping, they don't want to work in fast food kitchens, they don't want to pick fruit, and they don't want to do dozens of other jobs that require low-paying manual labor, without much in the way of benefits. 

 

America would be a completely broken nation without its immigrants, most of whom are very hard workers and work for less than Americans are willing to work for. It's the same in many countries around the world. Trump knows that, he's just simply playing with his supporters. 

 

Only because Americans have benefitted from social welfare, cushy government jobs and bloated corporations exploiting Asian workers, however, with Trump's courageous and necessary cuts to government spending and hopefully welfare spending economic necessity will of course motivate Americans to take unpleasant jobs that pay. Just a matter of rewards and risk.