Two months ago Leftists for screaming we're headed for a Recession
- Thread starter Libhater
- Start date
Anyone with firing neurons understands that tariffs will raise prices and empty shelves. Trump has not signed a single trade deal after saying he would do 90 in 90 days. There are about zero economists who say the economy is on the right track, It appears some advisers have talked him into slowing down on his stupid, stupid tariffs. He is wary of implementing them now. You cannot learn or understand what is going on.
Libhater
Verified User
Yeah right, and biden is going to make a comeback in 2028. Our economy is booming.
Biden straightened out Trump's first disaster. Our economy is NOT booming. It showed zero growth first quarter.
tariffs are stupid. Trump is stupid and lazy.
What the fuck do you listen to and read that makes you so stupid?
gfm7175
Mega MAGA
Unfounded fear mongering. During Trump 1.0, tariffs did NOT raise any prices NOR empty any shelves.
An outright lie. Several trade deals have already been announced.
Appeal to unnamed economists summarily dismissed.
Tariffs are already implemented on every nation. Now it's just a matter of specific rates that are above the baseline rate.
Not at all. They have already been implemented. Now it's just a matter of specific rates.
Don't blame others for your own issues.
gfm7175
Mega MAGA
Biden didn't actually do anything; he wasn't mentally capable of it. That's why I now refer to "his term" as the Autopen Regime.
It is currently expanding.
The topline GDP figure is not "the economy". The topline GDP figure for Q1 was slightly under 0% due largely to a massive spike in imports. That massive spike won't be there during Q2, thus the topline GDP figure for Q2 will be MUCH higher. I very conservatively guessed that it will be at least 4%. You can check out my prediction thread on this topic if you like. I will be updating it with the Q2 numbers when they come out in just over three weeks (on July 30th). I will also be gloating about how stupid the libtards were for freaking out about the Q1 numbers because they didn't dig any deeper than the topline number and they don't understand what GDP is or how it is calculated.
Tariffs are FANTASTIC!
Nordberg is stupid and lazy.
FTFY. The answer, of course, is fake news from the likes of CNN, MSNBC, et al.
Hey, dumbass, recessions are defined by 2 or more quarters of negative growth. We can't possibly know until the next quarter's results in September.
Trump chickened out on his tariffs and chickened out on his global trade war. So he meekly abandoned and retreated from the policies that were most likely to cause economic problems.
gfm7175
Mega MAGA
Hey, dumbass, the next quarter's results are in JULY (specifically the 30th of July).
Q1: JAN-MAR (April 30th initial GDP report release)
Q2: APR-JUN (July 30th initial GDP report release)
Q3: JULY-SEPT (Oct 30th initial GDP report release)
Q4: OCT-DEC (Jan 30th initial GDP report release)
BTW, I have a prediction thread about what the Q2 results will be. It even explains why the Q1 results were artificially low and why Q2's results will be much higher.
gfm7175
Mega MAGA
Since Trump has "chickened out on his tariffs", I better not hear you whine about tariffs ever again. Same goes for the "global trade war".
Either way: IT'S IN THE FUTURE. So my point still stands.
Unless you have a crystal ball (which I'm sure you will claim to have now), you can't tell if there is a recession until at least two quarters.
Thanks for admitting Trump makes empty threats and doesn't follow through.
I'm okay with Trump backtracking and not unleashing a global trade war. That's what I wanted him to do. Any predictions I had about recessions previously were predicated on the assumption Trump actually means what he says about tariffs and trade.
You're the one that should be angry and disappointed. Trump retreated and backtracked on the tariff and trade policies he promised you.
gfm7175
Mega MAGA
Just say "thank you gfm for correcting me as to the release date for quarter 2's GDP data". It's okay to be wrong about something every now and then. It even happens to the best of us.
And yes, you're correct that "the future" IS indeed "the future". GOOD JOB!
I don't have a crystal ball, but there is no recession. The economy is growing, not contracting. Take a look at my Q2 GDP prediction thread for a deeper dive into Q1's data and why it was artificially low.
gfm7175
Mega MAGA
I did no such thing, Crypress. YOU are the one claiming that, not me.
Glad you think that you're happy. Just know that every nation in the world is currently paying a baseline 10% tariff in addition to other special-instance tariffs. Also know that numerous nations will be paying even higher tariffs come August 1st.
So you think that Q2's GDP report that will be released at the end of this month is going to be very strong because "Trump chickened out"?
He didn't, so I'm not.
Libhater
Verified User
You are such a dumb dumb. Those tariffs are in effect, and they'll be coming to roost in August. He's already gotten some
1 1/2 billion from his tariffs so far, with much more to come.
You are wrong again. Trump gave the date of July 7th. Now its Aug.1.
He is lucky that the financiers have folded his vacillations into their equations. The market has ignored Trump's tariffs because they are all talk. His economic policies would cripple the American economy. But so far, they are just talk from a fat old man who loves to watch and listen to himself lie.
You should expand what you read and listen to. It is making you a lot dumber. https://currently.att.yahoo.com/att...-A&bt_user_id=i9c5r6q+qHsUTxMIQXfPamxyVEPjJyd
Libhater
Verified User
After replying to you in this thread, I'll be putting up a new OP that destroys you lefties lies and distortions concerning Trump's tariffs.
LOL. How will you do that? Wouldn't you have to know something?
+ You know nothing about tariffs or how they work. You may destroy the facts and the truth , as usual. But Trump's tariffs are what an ignorant person would do. He has been told by the educated among his staff how wrong tariffs are. That is probably why he backed off. However, Trump has a huge misplaced ego. He thinks he knows everything and the experts should listen to him. We have 3.5 years of his blundering to survive through. It will not be easy.