This Is How You Lose the Tariff War

[Parkbandit]

Government budgets and deficits are based on fiscal years. The 2025 fiscal year began on October 1, 2024, and will end on September 30, 2025. The 2025 budget is Biden's budget, because it was set while he was President. The 2017 budget was Obama's. The 2021 budget was Trump's.

Here are the REAL numbers..

2018: 780 Billion
2019: 980 Billion
2020: 3.13 Trillion
2021: 2.77 Trillion
TOTAL FOR PRESIDENT TRUMP: $7.66 trillion

2022: 1.38 Trillion
2023: 1.70 Trillion
2024: 1.83 Trillion
2025: 1.90 Trillion (projected)
TOTAL FOR PRESIDENT BIDEN: $6.81 trillion

You're talking about budget. I'm talking about actual spending. Hell, notice how you used the word "budget" and I used the word "spending"? That should have clued you in.

These two are not the same and to believe they do requires either dishonesty from you.. or just willful ignorance of basic economic principles.. or you are just too stupid to know any better.

Which is it?

For example, Biden signed into law the American Rescue Plan Act that added 1.9 trillion dollars of deficit spending. Do you believe Trump actually signed that law in March of 2021, spending that money?

What about the Infrastructure law that added 1.2 trillion dollars over the next 10 years? Or the Inflation Reduction Act adding another 750 billion?

Honestly, after the immigration bullshit you attempted to "correct" me on.. I thought you had learned your lesson.

I for one am glad you didn't.

[ClydeR]

This is the title of the chart to which you linked.. "Federal Deficit Trends Over Time, FY 2001-2024"

Your numbers are based on fiscal years, not presidential terms.

[~Rocktar~]

Remember when Democrats supported tariffs and fair trade? Pepperidge Farms remembers.

This is fun, Democrats supporting tariffs and so on.

[~Rocktar~]

�� If Tariffs are so bad for an economy, why do 170 countries have Tariffs on US products?
Use critical thinking skills instead of Anti Trump rhetoric.

[~Rocktar~]

�� If Tariffs are so bad for an economy, why do 170 countries have Tariffs on US products?
Use critical thinking skills instead of Anti Trump rhetoric.

Someone out there generously made a real meme.

[ClydeR]

Trump took a moment off from his fiddling -- you know, like Nero, except with golf -- to deliver a pep talk in tweet form..

US President Donald Trump on Saturday doubled down on the sweeping tariffs he unleashed on countries around the world, warning Americans of pain ahead, but promising historic investment and prosperity.

The comments came as Trump's widest-ranging tariffs took effect in a move that could trigger retaliation and escalating trade tensions that could upset the global economy.

"We have been the dumb and helpless 'whipping post,' but not any longer. We are bringing back jobs and businesses like never before," Trump wrote on his Truth Social platform.

"This is an economic revolution, and we will win," he added. "Hang tough, it won't be easy, but the end result will be historic."

More...

I had the bright idea that I would buy a bottle of avocado oil this morning, even though I still have half a bottle, but somebody got there before me and bought every last bottle, probably planning to resell it after the price explodes. Yet, Trump says I should hang tough. Does he think I should go back to using olive oil like the pioneers?

https://www.youtube.com/watch?v=2hNn60UH2Rc

[ClydeR]

There are few voices of reason..

[~Rocktar~]

There are few voices of reason..

You aren't one of them and neither is he on this matter.

[Methais]

He's being completely disingenuous and unintelligent at this point. Notice how he said "inflation down"? Down from what? Oh.. when Biden had it up to 9% in a month! Or "reduced deficits" Reduced from when? Oh, when Covid hit and the country was shut down.

What he doesn't tell you is how Biden drove up inflation and how his deficit is the highest in the history of any President.

Biden was an abject failure.. and the only bigger failures are those sycophants like him that don't acknowledge it.

I should have been more clear. Back only believes what he says because he has no ability to think for himself and therefore if MSNBC says XYZ, then Back immediately believes XYZ until further notice.

The people programming Back's brain know that they're full of shit. But Back is just as dumb and gullible as dumb and gullible can possibly be so he just believes anything they tell him to believe because that's all he's capable of.

[Methais]

Lockdowns? You mean the ones that happened during the Trump administration? The ones that happens all across the United States and different Republican and Democrat cities and towns? Please dude. Make some sense sometime.

covid messed up everything pretty bad for everybody. But you know what? We voted the loser Trump out and put Biden in and he saved the world from disaster. That's truth.

Biden didn't even know he was president lol shut the fuck up.

Let's take special note of how you completely avoided inflation in your MSNBackC "Biden saved the world" nonsense. So let's try again, since you can apparently only handle one topic at a time. We can revisit Covid after if you like.

Are you talking about a recovering economy, lowest unemployment rate, stock market at an all-time high, inflation down, reduced deficit, and better infrastructure? Whatever man. You guys are all under the spell of King Trump. He inherited a healthy economy and wiped it out in 3 months.

How high was inflation at its highest during that time, and when specifically was it at that percentage? "Inflation down" from what number specifically?