Tariffs Worked “Spectacularly Well”

Also foreign investment is not part of the trade deficit part of GDP. Foreign investment in terms of capital doesn’t effect gdp. Once that capital gets deployed it’s a positive to gdp.
 
HHusky said:
Bob_C said:
lol trying to force business to fire employees that are unvaxxed is staying out of the labor market.
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Picking at the fringes now.
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Using critical thinking skills, 2nd and 3rd order thinking, is now fringe. H prefers people mindlessly follow to excuse his own critical, analytical deficit.

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HHusky said:
Agree Dems didn't rebuild the labor market.
They just stayed out of the way.
Daddy set going to "fix" what was a decent (not spectacular) economy. His policies will depress growth.
As an aside, foreign investment increases trade deficits, trade deficits being the supposed rationale for doing all this damage.
I only offer that only as an aside because trade deficits are such a stupid, meaningless thing to have focused on in the first place.
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Other than importing millions of illegals which had foreign born jobs outstrip native jobs 5 to 1
 
Hall of fame worthy post there by H. Garbage statements of opinion followed up by complete whiffs on economic definitions.
 
RaceBannon said:
HHusky said:
Agree Dems didn't rebuild the labor market.
They just stayed out of the way.
Daddy set going to "fix" what was a decent (not spectacular) economy. His policies will depress growth.
As an aside, foreign investment increases trade deficits, trade deficits being the supposed rationale for doing all this damage.
I only offer that only as an aside because trade deficits are such a stupid, meaningless thing to have focused on in the first place.
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Other than importing millions of illegals which had foreign born jobs outstrip native jobs 5 to 1
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Bob told me they just live off benefits, not jobs.
 
Sure some got jobs. They also got way more benefits than they have in the past. Way more freeloaders than previous versions.
 
Bob said millions live of benefits and not jobs. True. Team Dazzler had a chance to fix immigration the "right way" and chose to let the US be the world's welfare magnet.
 
Maybe learn to read and get back to me
CNN reports prices did not rise due to tariffs
Bob C always right like me
 
Bob_C said:
Climate science is a hard truth, one that we aren’t close to understanding as evidenced by the predicted outcomes of the 97% not even close to coming true. But the entire formula is 100% out there to understand one day.
Economics is the complete opposite. It’s about the softest thing imaginable. Chock full of psychology, emotion and other non-hard truths. There is no hard formula for it and never will be. It’s why discounting phd’s academic papers in this field is like the easiest thing ever to do.
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Just felt like philosophically this deserved a response.
Classical economics just uses math to model and describe markets. It's a useful map of a complex multivariable environment.
The assumptions it makes are axiomatic and obviously have their limitations re the real world. Ex. All actors in a system are rational. That doesn't make the model not useful or applicable.
Much like a roadmap may not represent reality by omitting significant features it doesn't prevent you from using it to get from point A to point B.
I'll spare you the haught economics on economics school trash talk.
 
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