Then with lower rates, lower inflation,a smaller deficit and debt, the economy can start growing enough we can pay down debt.
This assumes he extends tax cuts, but changes nothing else
Off the top of my head this is the thread the needle situation.
All comments welcome for anything I missed
This assumes he extends tax cuts, but changes nothing else
Off the top of my head this is the thread the needle situation.
All comments welcome for anything I missed
Comments
This makes the "thread the needle" scenario increasingly dependent on external factors like global growth and cooperation, (1/3)
Once those buyers switch to other suppliers, it’s tough to win them back & buying US isn't what it once was for many things. Few want our cars, & U.S. goods become more expensive abroad, reducing competitiveness and (2/3)
That means less future revenue from foreign licensing, joint ventures, and exports.
Trump is really doing immeasurable damage that impacts decades not years. (3/3)
What was the Kamala plan and how does it compare to your proposal here?
And how is inflation lower with 10% tariffs on everything?
And the world hates us now and has no trust in us so we are taking a hit no matter what.
The WORLD has lost trust in the US. Total loss of trust.
The world - from EU to Asia to South America- are all now forming new alliances …
The leaders of those nations will be held accountable if they just shrug their shoulders like Cuban & MSM are doing
Ahahahahaaaa!!
It’s this kind of fantastical thinking by so-called “independents” that keeps screwing America over.
Republicans are FAILURES on the economy. Full stop.
No, really.
One more impoverishment bump after the GFC and COVID.
Where will the US growth and export to if the world is full of tariffs.
It doesn’t add up for mainstreet.
Having said that i much prefer to see an implosion of the whole Trumpist movement and a public flogging of Elmo.
If a 30 year old can't afford a starter home the system is broken.
If a 40 year old can't afford their family home the system is broken.
It's a new era, and I don't know if they're ready.
This is not the case with tRump in neither of the points I made.
The only way out is to drop the tariffs, stop tax cuts, and rebuild the federal government and then maybe (only just maybe) do we get back to stability and growth.
1) Remove the Social Security cap so millionaires/billionaires pay more than they do now.
2) increase tax rate on high earners.
3) Tax capital gains at a higher rate.
That’s it.
#taxtherich
You use your government printed 💵 to buy a treasury bond so you can have a savings account at The Fed and earn more dollars on your 💵
You dope
A billionaire wanting to extend tax cuts for the rich means it's time to unfollow Cuban.
This might be more like asking 🍊💩 or Lutnick or whoever to thread the eye of a teeny tiny needle in the middle of a wicked category 5 hurricane?
Worst case scenario but possible, no?
He never ever gave real tax cuts to the middle class. They took less out of our paychecks only to have us pay it all back on income taxes.
Just put your waste of resources onto the poor to fund your greedy life.
It's a tax on the poor to stimulate greed of the wealthy.
It won't pay down a FUCKING THING!
He wants to do deals. He wants to go to each country in turn, like he has with each law firm, and have them kiss the ring for a 10% tariff reduction. Art Of The Deal.
Thanks
I hope the world tells trump to fuck off.
The EU is not going to suddenly start buying American weapons again for example.
[on the backs of the middle class] ??
fyi I honestly think the middle class is so done with that and in 2026 the GOP will lose massively
They all are looking elsewhere.
Or the republicans grow a spine.
I think the first scenario is more likely.
Use laws to try to prevent billionaires
Use taxes to clean up what’s left
Makes it look like our government depends on them
Rather than that they depend on our government to print the dollars they use to pay their banks back & become billionaires
We use government printed dollars to shop, pay our banks back, pay tax & buy treasury bonds
Bonds are an interest bearing savings account at The Fed
Our children can inherit both our 💵 and our bond
disconnected
Yes .. definitely
All this crap about bringing jobs back? What a pile of ..
It will be - IF it happens - 5 yrs later & near full automation
Tech jobs - yes … factory jobs?
Hardly
Even if the tariffs were yanked, the relationship impact with the rest of the world is significantly damaged.
A friend that openly hurts you for their own gain is no longer your friend.
He does not care about the US.
I personally think chaos is the goal.
Maybe I'm wrong, and he's simply an incompetent moron. I think it's worse than that.
I do not support cutting the social safety net.
& doubles down on it
It’s all about him and forget the rest of us including MAGA.
WV food banks are wondering
No sympathy
None
They all knew
But they support a felon over a multiethnic female
Sir - this is the finest cake ever
Where the hell are you coming up with this fantasy????
You are so disconnected from the reality of what is going on
Plus, his history shows he does not understand basic economics. But I suspect the tariffs are a distraction from something else he is doing.
His cult will follow him no matter how much harm he causes them.
North America had 40% market share in global supply chain at end of 2024. Now North America as a single entity is gone!
1. Selective 'reshoring' and not onshoring incentive for American manufacturing
2. For 'onshoring', first fix the labor skilling and bureaucracy issues
3. Start cutting intrest rate at end of summer or 3Q to manage housing crisis
Increased revenue after gutting the IRS?
Global trade is already seeking alternatives to US.
It’s difficult to put genies back in the bottle.
Will do the right thing for the first time in his life?
Get real.
Our children can inherit both our 💵 and our bond
Trump favors tariffs and appointed Navarro to government role
Navarro's case is BS, but it's all about national security, beating China, economic security, WTO unfairness, and (unspoken) paying for tax cuts.
Trump's circle knew what was coming and had the shorts and defensive assets in place so as to gain from bear market
It was billionaires like yourself who don't have the insider info who might suffer