I think he specifically said to eliminate all income tax and raise the revenues with tarrifs, which gets every American with two brains cells on economics to think “uh yeah… that makes sense” but every economist to scream “oh God no!”. I think every economist who has commented has gone hard against him in that.
Tariffs instead of tax makes sense?! Consumers pay tariffs in increased prices. This is the most inflationary shit imaginable and would be the biggest transfer of taxation from rich to middle class and poor in the history of the USA. This is a billionaire’s wet dream. No wonder Musk has the hots for Diaper Don all of a sudden. Wow.
They make sense to people who don’t think. They stop thinking when you say “it will encourage our own production” and never start thinking again. As I said every economist is horrified, but if you stop thinking when you start thinking it’s a clever way to protect your own manufacturing, it seems to you (a fool if you think that way) clever. There are not a lot of things more dangerous than a fool who believes he’s clever.
be trump, president when a massive pandemic was starting
cut taxes for the insanely rich, butcher most government functions and reduce government investment into the economy
have the worst possible pandemic response possible
blame the next president when the corporate bubble made by your hard-to-reverse policies bursts and tanks the economy
take credit for the economic boom caused by previous president’s 8 years of outstanding economics which you completely tore down
profit(…?)
The policies of Obama + Biden dug us out of the recession that Republicans and “free-market” (tax cuts for the rich) advocates threw us in as a sacrifice, and gave Americans a break from shitty conservanomics. But people like you can’t possibly realize that economic policies have long-term consequences, and that conservative economic policies in particular end up exploding in our face after a few years. The economy is too complicated for you to understand I guess, your understanding doesn’t go past “tax = bad”.
How is that bad exactly? Build American Buy American, Lead Service Line replacement, WIIN grants, student loan forgiveness… Hell yeah let’s get more of that
What’s Trump’s economic plan? Less taxes for the rich and let the oil companies drill everywhere. Harris-Walz is going to be the opposite of that.
I think he specifically said to eliminate all income tax and raise the revenues with tarrifs, which gets every American with two brains cells on economics to think “uh yeah… that makes sense” but every economist to scream “oh God no!”. I think every economist who has commented has gone hard against him in that.
Tariffs instead of tax makes sense?! Consumers pay tariffs in increased prices. This is the most inflationary shit imaginable and would be the biggest transfer of taxation from rich to middle class and poor in the history of the USA. This is a billionaire’s wet dream. No wonder Musk has the hots for Diaper Don all of a sudden. Wow.
They make sense to people who don’t think. They stop thinking when you say “it will encourage our own production” and never start thinking again. As I said every economist is horrified, but if you stop thinking when you start thinking it’s a clever way to protect your own manufacturing, it seems to you (a fool if you think that way) clever. There are not a lot of things more dangerous than a fool who believes he’s clever.
It will be a repackaged form of Bidenomics, with a new name. Come on man.
The policies of Obama + Biden dug us out of the recession that Republicans and “free-market” (tax cuts for the rich) advocates threw us in as a sacrifice, and gave Americans a break from shitty conservanomics. But people like you can’t possibly realize that economic policies have long-term consequences, and that conservative economic policies in particular end up exploding in our face after a few years. The economy is too complicated for you to understand I guess, your understanding doesn’t go past “tax = bad”.
How is that bad exactly? Build American Buy American, Lead Service Line replacement, WIIN grants, student loan forgiveness… Hell yeah let’s get more of that
Trump’s plan is fascism. No rational person needs to know more than that.
I don’t give a fuck if he’s going to make the trains run on time.
Can you elaborate?
No. He can’t.
Just look at your 401k. Bidens economy tripled mine.