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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (359980)	1/12/2026 11:57:47 AM
From: combjelly	1 Recommendation Recommended By Steve Lokness Respond to of 365357

And then there is this...

To: Steve Lokness who wrote (359980)	1/12/2026 3:35:48 PM
From: i-node	2 Recommendations Recommended By longz Thomas M. Read Replies (3) \| Respond to of 365357

You live for today inode with obviously zero ability to have a vision of the future. In the past, Tariffs have been destructive to free trade and all the benefits that brings to our economy. Let me know when we have significant inflation. Then, perhaps we can argue about that. Let's be sure we understand, however, that the only "science" to be found in economics is probably in Econometrics, a course which 90% of economists couldn't pass if their lives depended on it. As to Trump "destroying" our economy with tariffs, if we do get some inflation at some point, then I think we could discuss that. As of now, it is not apparent that we will -- I would have expected significant inflation (as a cost of trigging growth in the US), but here we are, and we're getting GDP growth and no inflation yet. So, let's wait and see where it goes. IF we start getting inflation we should talk about that. WE just aren't getting it as yet. That money promised to be brought in to the treasury from tariffs are as real as the tooth fairy. We have collected 1/4 trillion in tariffs thus far, and Trump is still working hard to increase that amount. However, 1/2 trillion a year could happen, and that would be significant. Both in terms of tariff revenue and the resultant increate in local production. This is not nothing. It remains to be seen how that money is spent but it is jumping the gun to be knocking it at this point.