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Posted

Oh my God! Trump didn't realise services make up 80% of the economy, but thank God RSD1 spotted this obscure fact, being smarter than all of us, including Donald Trump. This is excellent news. Will you now be called to the White House as economic advisor RSD1 to correct economic policy? Please update us how you get on in the White House.

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Posted
20 hours ago, Pouatchee said:

are you being paid to start stupid posts that vent your frustration?

yeah, this post seems so well-polished that it seems to have been written by the associated press.

and BLM Fem ... is he still around ... seems like Soros is paying people. 

 

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Posted

It is interesting that no one on the left gives a whit about Ukraine or the Palestinians since the tariffs. All they care about now is juicing up the markets….

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Posted
2 minutes ago, Gottfrid said:

Refute everything without concern about your biased and flawed opinion and love for a mentally ill dictator.

Sure, whatever that means.

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Posted
15 minutes ago, mogandave said:

It is interesting that no one on the left gives a whit about Ukraine or the Palestinians since the tariffs. All they care about now is juicing up the markets….

Its all Talking points to oppose Trump, the Socialists worst nightmare/

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Posted
4 hours ago, Yagoda said:

Its all Talking points to oppose Trump, the Socialists worst nightmare/

Hey! you forgot to sign leftists too!

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Posted
21 hours ago, RSD1 said:

Trump’s sweeping tariffs, now standing at 20% on most imports and up to 145% on Chinese goods, are meant to revive American manufacturing by making foreign products costlier and enticing firms to build factories in the US. But this plan is flawed and already buckling under economic pressure, cultural shifts, and Trump’s unpredictable leadership. Instead of bringing jobs and growth, it looks set to punish consumers and drive away investment.

 

Prices are rising for basics like coffee, clothing, and many electronics, adding anywhere from $1,300 to $3,800 average a year to household budgets. By 2026, inflation could jump up another 1.5% from these tariffs, while tariff retaliation from China and Canada threatens 740,000 US jobs and could shave 1.3% off American GDP. 

 

Farmers are already taking a hit, too. China’s 125% tariffs on US soybean and pork exports to China are crushing rural exporters and pushing grocery prices even higher. Yet Trump still banks on a fantasy that Americans will return to factory floors and companies will risk investing billions on building plants in the US.

 

But the economy has moved on. Services now make up 80% of American GDP, and manufacturing jobs, once 30% of employment in 1970, are down to just 8%. These jobs offer low wages, tough conditions, and little growth potential. Most workers who would be filling those types of jobs now lean toward tech, retail, or gig jobs. Automation cuts factory worker roles even further, weakening Trump’s nostalgic vision. And a new factory can cost up to $10 billion to build, a bet most CEOs will not take lightly. His constant policy reversals only add to the confusion. In 2018, tariff uncertainty froze $40 billion in new project investments. Now, US investment could drop another 15%-20%, with companies eyeing more stable countries like Singapore or Mexico.

 

Corruption rumors make it worse. Exemptions may favor Trump donors or his international real estate partners, tilting the market. Small importers get crushed. Big firms may shift billions to fairer systems in the EU or India. Voters expected jobs and cheaper goods, but rising prices and favoritism have left many already feeling burned.

 

So what happens if Trump's dream of American manufacturing glory just no longer fits the reality of a modern economy?

Corruption.... haha, is this the new Russia hoax, so totally bury the '10% for the big guy' and 'unless the prosecutor is fired you're not getting the.....'   Trump is now corrupted  

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Posted
23 hours ago, 3NUMBAS said:

The 40 million living below poverty line is about to become 100million thanks to Donny

Yes. all those people living below the poverty level with 401Ks, IRAs and brokerage accuwill suffer terribly.

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Posted
On 4/14/2025 at 12:16 PM, save the frogs said:

yeah, this post seems so well-polished that it seems to have been written by the associated press.

and BLM Fem ... is he still around ... seems like Soros is paying people. 

 

When someone plays the "Soros bogeyman" card you know you're dealing with a person of "modest" intellectual means.

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