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Drudge Retort: The Other Side of the News
Monday, May 05, 2025

Not only are tariffs making inflation worse, but the president is also arguing that's a good thing. Our economic injury is self-inflicted. And Republicans have been cheering for it.

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President Trump says that his approach is about putting "America first," but the record of his first 100 days is clear: Trump's foreign policy has left America weak, and Americans are paying the price.

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-- Center for American Progress (@americanprogress.bsky.social) May 2, 2025 at 2:30 PM

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Yeah, I don't want more anymore, I'm happy with having what I have.

#1 | Posted by lee_the_agent at 2025-05-05 02:24 PM | Reply | Newsworthy 1

Inflation has gone down since the tariffs were put in effect.

#2 | Posted by fishpaw at 2025-05-05 02:32 PM | Reply | Funny: 3

The economy will be so easy to explain when we get onto the campaign trail next year. The two weeks of bad times will be so far behind us, almost no one will remember. It will be smooth sailing to re-election. The congressional races will be so easy, President Trump will not even have to come out to any districts to help rally voters to the MAGA cause...
--GOP MAGA functionaries, in their wettest dreams

#3 | Posted by catdog at 2025-05-05 02:33 PM | Reply | Newsworthy 1

Inflation has gone down since the tariffs were put in effect.

#2 | Posted by fishpaw

Tariffs came out April 5th.

Inflation numbers for April aren't out yet.

We have some data but not everything. Inflation is likely up slightly but only because Shelter costs have fallen 4% for the last 12 months (Dark Brandon wins again). Otherwise it would be up even higher overall because other areas saw pronounced jumps (Trump is an idiot).

www.forbes.com

#4 | Posted by Sycophant at 2025-05-05 02:55 PM | Reply | Newsworthy 2

It's become depressing reading the blind subservience of republicans.

This is how nations fail. When society supports a person more than they do their country.

Trump is objectively horrible for America.

By every metric.

#5 | Posted by ClownShack at 2025-05-05 03:02 PM | Reply | Newsworthy 1

It's a cult.

#6 | Posted by lee_the_agent at 2025-05-05 03:20 PM | Reply | Newsworthy 1

It's a cult of stupidity.

America was the strongest nation in the world.

Nothing Trump is doing is in America's benefit.

It's just following in the footsteps of the 3rd Reich.

#7 | Posted by ClownShack at 2025-05-05 03:25 PM | Reply | Newsworthy 3

The GOP is a Death To The American Economy Cult.

#8 | Posted by snoofy at 2025-05-05 04:20 PM | Reply | Newsworthy 3

I can see Republicans' just not caring a whole lot about sending millions of illegals to camps. History shows people love wishing their enemies into the cornfield.

But deliberately destroying our nation's economy? That will affect every Republican, personally.

#9 | Posted by snoofy at 2025-05-05 04:22 PM | Reply | Newsworthy 1

Inflation has gone down since the tariffs were put in effect.
#2 | Posted by fishpaw at 2025-05-05 02:32 PM

[LINKY]

"You know, somebody said, Oh, the shelves are going to be open,'" Trump continued, offering a hypothetical. "Well, maybe the children will have two dolls instead of 30 dolls. So maybe the two dolls will cost a couple bucks more than they would normally."

His remarks followed a defensive morning after the Commerce Department reported that the U.S. economy shrank at an annual rate of 0.3% during the first quarter. Behind the decline was a surge in imports as companies tried to front-run the sweeping tariffs on autos, steel, aluminum and almost every country. And even positive signs of increased domestic consumption indicated that purchases might be occurring before the import taxes lead to price increases.

Trump pointed his finger at Biden as the stock market fell Wednesday morning in response to the gross domestic product report.

"This is Biden's Stock Market, not Trump's," the Republican president, who took office in January, posted on his social media site. "Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden Overhang.' This will take a while, has NOTHING TO DO WITH TARIFFS."

#10 | Posted by redlightrobot at 2025-05-05 05:49 PM | Reply | Newsworthy 1

Just watch for Democrats to take credit for anything positive that comes out of Trump's actions.

#11 | Posted by BillJohnson at 2025-05-05 06:17 PM | Reply

Just watch for Democrats to take credit for anything positive that comes out of Trump's actions.
#11 | Posted by BillJohnson at 2025-05-05 06:17 PM

Since when?

Schumer's "strongly worded letter with eight strongly worded questions" speaks to a weak, rudderless reply.

Unless you believe Trump is out-smarting all economists because everyone is on stupid pills?

Two dolls instead of 30 is a x15 decline in purchasing power.

If you glance above, Trump already blamed Biden.

Whom is convincing you he can do anything else?

#12 | Posted by redlightrobot at 2025-05-05 06:23 PM | Reply

Just watch for Democrats to take credit for anything positive that comes out of Trump's actions.

#11 | Posted by BillJohnson

What positive?

You'll claim great jobs came to the AI factories because they are hired janitors for $10 / hour.

Christ, even what they are saying is coming isn't good. The White House says it will mostly be automated Factories with some human workers where you, you son and grandson all work there for near minimum wage as food, healthcare, and gas prices skyrocket.

WHY would we take credit for that?!

#13 | Posted by Sycophant at 2025-05-05 06:40 PM | Reply

Just watch for Democrats to take credit for anything positive that comes out of Trump's actions.

Posted by BillJohnson at 2025-05-05 06:17 PM | Reply

ROFLMMFAO HEHEHEHEHE That's hilarious BillJohnson. A laugh riot to be sure.

#14 | Posted by LauraMohr at 2025-05-05 06:44 PM | Reply

A bluesky link to a liberal 'think'tank - this is not newsworthy but it definitely explains why the liberal world view is so far from reality. I guess we now know where you -------- spend your time now that even you have abandoned MSNBC - you jump over to the pro-pedophilia site Bluesky. Your brains are melted.

#15 | Posted by ScottS at 2025-05-05 06:46 PM | Reply

"Our Country will boom, but we have to get rid of the Biden Overhang.' This will take a while, has NOTHING TO DO WITH TARIFFS."

Our President is a madman.
That's a feature, not a bug.

#16 | Posted by snoofy at 2025-05-05 06:50 PM | Reply | Newsworthy 1

Sy,

"What positive?"

Right now everything feels uncertain as if the country is hanging in the balance.

There are definitely people who wouldn't mind seeing America fail. Some of them even live here and probably post on this very site.

But there are also people who want to see this country recover and thrive.

The truth is, America's been under pressure for decades economically, socially, and politically.

America's future is really all up in the air.

We've yet to see how Trump's actions will ultimately succeed or fail.

#17 | Posted by BillJohnson at 2025-05-05 08:03 PM | Reply

"We've yet to see how Trump's actions will ultimately succeed or fail."

We've been seeing how he succeeds or fails his whole life.

But you're right. Maybe this time will be different!

#18 | Posted by snoofy at 2025-05-05 08:11 PM | Reply

@#17 ... We've yet to see how Trump's actions will ultimately succeed or fail. ...

Actually we have. But the question becomes, were you paying attention?

Six bankruptcies.

For example ...

Bankruptcy expert studies Trump casinos (2016)
news.temple.edu

... A new study by a Temple University professor shows that Donald Trump's casinos in Atlantic City lost more jobs and money than competitors' casinos, while also going through more bankruptcies than any other major business in America.

Jonathan Lipson, Harold E. Kohn Professor in the Beasley School of Law and a noted expert on bankruptcies, found that the Trump Taj Mahal, the Trump Plaza and the Trump Marina shed half their employees and dropped more than 40 percent of their revenue from 1997 to 2010, when Trump, now the Republican nominee for president, was chief executive officer, board chair and/or the dominant shareholder of each.

Lipson used data from New Jersey Casino Control Commission reports, court filings and other publicly available sources. ...


#19 | Posted by LampLighter at 2025-05-05 08:36 PM | Reply

"We've been seeing how he succeeds or fails his whole life.
#18 | Posted by snoofy"

Trump net worth = $5B+, yes, we have seen how he succeeds and fails - fails a very small percentage of his businesses. 6 bankruptcies in 500+ companies in the Trump organization, ~1% failure rate. This compares with a 65% failure rate for US businesses over 10 years.

#20 | Posted by ScottS at 2025-05-05 08:44 PM | Reply

Just watch for Democrats to take credit for anything positive that comes out of Trump's actions.

#11 | Posted by BillJohnson

Wow, are you turned around!

Trump took credit for the economy Obama built from falling off the cliff to doing really well. When Trump left it was in the toilet.

Biden took over from another emergency and the economy has been doing well. Stock market up, low unemployment

After inheriting another good economy, Trump, single-handedly, is sending us into a recession that'll hurt everyone's pocketbooks, either thru inflation he's created with his tariffs (worst is coming), job losses, falling 401ks, and pain for all but the well off.

#21 | Posted by AMERICANUNITY at 2025-05-06 01:14 AM | Reply

@#21 ... and the economy has been doing well. ... inheriting another good economy, ...

OK, imo, your comment understates to economy that fmr Pres Biden passed on to Pres Trump.


OpEd: The Economy Has Been Great Under Biden. That's Why Trump Won. (November 2024)
www.chicagobooth.edu

... The economy under President Joe Biden was remarkably strong, so why did Biden lose? The White House released a brief on October 30, just days before the election, touting the latest quarterly data. Under the Biden administration, real GDP rose 12.6 percent, rightly cheered in the report as "a historically robust expansion" that repeatedly defied forecasts.

Since the pandemic, economic growth in the US has far outpaced that of our peer nations. Business investment is up; unemployment is low.

The consensus in the media seems to be that even though the economy is strong, people see it differently. Voters, burned by the rising price of groceries, felt pinched and demanded change. This story surely describes some voters, but we find it hard to believe that Americans elected Trump because they are confused about the economy.

Our research tells a different story, in which nobody is confused. Before the 2016 election, we wrote a simple economic model to explain the interplay between stock market returns and presidential elections. We then conducted an empirical analysis using 89 years of data. What we find challenges the notion that voters simply reward incumbents for strong economies and punish them for weak ones. While this narrative carries a fair amount of truth, it does not paint the full picture. The economy affects election outcomes in more than one way. It is not enough to say that a strong economy favors the incumbent.

Our main thesis is that a strong economy favors Republicans, and a weak economy favors Democrats, regardless of the incumbent. ...


Interesting OpEd....


#22 | Posted by LampLighter at 2025-05-06 01:29 AM | Reply | Newsworthy 1

Wow, are you turned around!

Deplorable Trumping MAGAts enjoy living in their alternate reality.

#23 | Posted by ClownShack at 2025-05-06 01:29 AM | Reply

Lamp,

"Six bankruptcies"

I heard about Trump long before he went into politics and knew about his bankruptcies.

Personally, I was put back and not impressed but for reasons different from what you probably think.

I suspect Trump may have used bankruptcies as part of a "business plan" rather than showing how poorly he managed companies.

Regardless, democrats ran a candidate who had nothing to offer except perhaps her willingness to be controlled by the same powers who controlled Biden.

Of the 2, Trump was the more logical choice to handle the complex world he deals with everyday.

#24 | Posted by BillJohnson at 2025-05-06 08:21 AM | Reply | Funny: 2

Lamp,

Under a strong economy, people will vote for other issues.

Immigration, identity politics, education policies, and cultural values come to the forefront.

#25 | Posted by BillJohnson at 2025-05-06 08:31 AM | Reply

"Just watch for Democrats to take credit for anything positive that comes out of Trump's actions."

Like Trump on Meet the Press this past Sunday;

"President Trump says good parts' of economy are his and bad parts are the Biden economy"

www.youtube.com

In other words hr lied, as F **king always and Bill Johnson believes him as always. Big surprise!

#26 | Posted by danni at 2025-05-06 08:31 AM | Reply

" Trump was the more logical choice to handle the complex world he deals with everyday."

What a riot.

If Trump didn't have his dad to bail him out multiple times, he be selling fake watches in Times Square.

#27 | Posted by Danforth at 2025-05-06 08:41 AM | Reply

"Under a strong economy, people will vote for other issues.
Immigration, identity politics, education policies, and cultural values come to the forefront.
#25 | Posted by BillJohnson at 2025-05-06 08:31 AM"

Sounds like you believed the economy was strong at election time last year.

Several metrics agree with your belief and also indicate that the economy remained strong until after inauguration time this year.

How's that working out for you?

#28 | Posted by TrueBlue at 2025-05-06 09:06 AM | Reply

Bill isn't too smart, in fact he is kinda dumb.

That and he is a coward and deludes himself.

He fears what he is (gay man), so he buries himself in christian doctrine which allows him to deny who he is

He has expressed a wild gay life when he was younger

He cannot accept that that was HIS choice.

He could EASILY find and marry a gay man and live a truly and complete fulfilling life.

Being gay is not equivalent to being promiscuous and a drunk

Yet he does not have the courage, self-awareness or critical thinking skills to work that out for himself

Thus he can look at a morally objectionable person like -------, a person who leaves nothing but destruction in his wake and think that is a logical choice to lead the country.

#29 | Posted by truthhurts at 2025-05-06 09:16 AM | Reply

"I suspect Trump may have used bankruptcies as part of a "business plan" rather than showing how poorly he managed companies."

Tell us what business plan involves deliberately bankrupting companies, BillJohnson.
You made the claim. So explain what you mean.

#30 | Posted by snoofy at 2025-05-06 09:28 AM | Reply

I heard about Trump long before he went into politics and knew about his bankruptcies.
Personally, I was put back and not impressed but for reasons different from what you probably think.
I suspect Trump may have used bankruptcies as part of a "business plan" rather than showing how poorly he managed companies.
Regardless, democrats ran a candidate who had nothing to offer except perhaps her willingness to be controlled by the same powers who controlled Biden.
Of the 2, Trump was the more logical choice to handle the complex world he deals with everyday.

Posted by BillJohnson at 2025-05-06 08:21 AM | Reply

You're far gone BillJohnson. There's no hope for you.

#31 | Posted by LauraMohr at 2025-05-06 09:33 AM | Reply

"Regardless, democrats ran a candidate who had nothing to offer except perhaps her willingness to be controlled by the same powers who controlled Biden."

Do those powers have a name?

#32 | Posted by snoofy at 2025-05-06 09:36 AM | Reply

There are real people who seriously still sincerely believe that Donald Fcnking Trump is a good businessman...

#33 | Posted by hamburglar at 2025-05-06 09:36 AM | Reply

Trump was the more logical choice to handle the complex world he deals with everyday.

Posted by BillJohnson

How's that working for you so far, BILL?

#34 | Posted by Zed at 2025-05-06 09:56 AM | Reply

Do those powers have a name?

#32 | Posted by snoofy

We dare not speak their names.

#35 | Posted by Zed at 2025-05-06 09:57 AM | Reply

Trump was the more logical choice to handle the complex world he deals with everyday.
Posted by BillJohnson

HAHAHAHA ROFLMMFAO HEHEHEHEHE THAT'S HILARIOUS BILLJOHNSON GIGGLES

#36 | Posted by LauraMohr at 2025-05-06 10:02 AM | Reply

True,

"Sounds like you believed the economy was strong at election time last year."

When Biden went into office, the economy had no where to go but up.

Businesses were shut down, supply chains were broken, and unemployment had spiked largely due to aggressive lockdown policies pushed hardest by Democrat led states.

In addition to health concerns, democrats also used COVID as a political weapon.

During Trump's first term, they leveraged the pandemic to strangle the economy and condition the public toward government dependency and laying the groundwork to build support for socialism.

Like I said, when Biden went into office, things had no where to go but up and dems took credit for rebuilding the economy.

#37 | Posted by BillJohnson at 2025-05-06 10:04 AM | Reply

"democrats also used COVID as a political weapon."

How?
Trump was President, how did Democrats do that?

#38 | Posted by snoofy at 2025-05-06 10:06 AM | Reply | Newsworthy 1

'During Trump's first term, they leveraged the pandemic to strangle the economy"

How?
Give us some examples where Democrats did this.
Why didn't the President stop them?

#39 | Posted by snoofy at 2025-05-06 10:07 AM | Reply | Newsworthy 1

"condition the public toward government dependency"

The public is already dependent on the government.

Roads? Government.
Police? Government
Running water? Government.
Money? Government.

#40 | Posted by snoofy at 2025-05-06 10:08 AM | Reply | Newsworthy 1

"It will never cease to amaze that Americans basically just got bored of having the best lives on the planet, so they elected a lunatic to blow it up in the hopes of building some microwave factories for their children to find meaning in."

-Sonny Bunch

#41 | Posted by lee_the_agent at 2025-05-06 10:11 AM | Reply | Newsworthy 2

Businesses were shut down

Why? Who shut down the government?

#42 | Posted by lee_the_agent at 2025-05-06 10:16 AM | Reply | Newsworthy 1

Snoofy,

Your questions are overly simplistic and not worth the effort of a serious response.

#43 | Posted by BillJohnson at 2025-05-06 10:21 AM | Reply

"It will never cease to amaze that Americans basically just got bored of having the best lives on the planet"

Using BillJohnson as an example: The problem is the Gays get to live the good life too. That is unacceptable.
The only way to keep Gays and other Minorities from leading the good life Good Life is to take the Good Life away from all Americans.
And that's exactly what Republicans voted for in 2024.

#44 | Posted by snoofy at 2025-05-06 10:23 AM | Reply | Newsworthy 1

Snoofy,
Your questions are overly simplistic and not worth the effort of a serious response.
#43 | Posted by BillJohnson

^
My questions are perfectly matched to the tenor of your statements.
The reason you can't answer the questions is because you cannot put into words exactly what you mean.

So instead you turn tail and run.
Like you have been doing your entire life.
It feels like the right thing to do, because it's so natural for you and you've done it so many times.
It's actually one of your trademark moves here! To announce that the questions are stupid and that you will not be answering them.

#45 | Posted by snoofy at 2025-05-06 10:26 AM | Reply | Newsworthy 1

"You can't just continue growth for the sake of growth in a world in which we are struggling with climate change and all kinds of environmental problems. All right? You don't necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country. I don't think the media appreciates the kind of stress that ordinary Americans are working on."

This was Bernie Sanders commenting back in 2015. It would appear that Trump was paying attention.

reason.com

The article applies to Trump's flawed economic logic now as much as it did (does) to Bernie's.

#46 | Posted by madbomber at 2025-05-06 10:53 AM | Reply

When Dan Turner of Turner Hydraulics ordered a custom product for a U.S. steel mill from a Chinese manufacturer back in January, he was expecting to pay a 25 percent tariff on the $49,000 product when it arrived this spring at a port in the United States.


But that was before President Donald Trump announced his April 2 "Liberation Day" tariffs on countries around the world"and then subsequently paused most of his so-called reciprocal tariffs while simultaneously escalating his trade war against China.


Just days after the custom product shipped, Trump announced China would face minimum tariffs of 145 percent, but the rate can vary by product. Turner is now expecting to pay significantly more than a 145 percent tariff when the item, currently somewhere on a container ship in the ocean, arrives.


"So we are having to pay an $84,000 tariff on a $49,000 item," Turner told The Dispatch in an interview. "We're just hoping either the ship sinks or somebody comes to their senses before it hits the dock."

#47 | Posted by lee_the_agent at 2025-05-06 10:56 AM | Reply

#45

Bam! That's gonna leave a mark.

#48 | Posted by lee_the_agent at 2025-05-06 10:58 AM | Reply

#46

Trump has smothered Republicanism in it's bed. It's almost like Clinton supporting Trump is a Democrat plant.

#49 | Posted by lee_the_agent at 2025-05-06 11:01 AM | Reply

"When Biden went into office, the economy had no where to go but up."

Because of the mess Trump left behind, despite being given a booming economy by Obama.

At least have the decency to finish the sentence honestly.

#50 | Posted by Danforth at 2025-05-06 11:24 AM | Reply

Dan,

"Because of the mess Trump left behind, despite being given a booming economy by Obama."

Where were you during the pandemic?

Obviously not paying attention.

#51 | Posted by BillJohnson at 2025-05-06 11:37 AM | Reply

Where were you during the pandemic?

The whole world saw the------------- kill 1.2 million Americans while running unemployment up to 15%.

#52 | Posted by reinheitsgebot at 2025-05-06 11:44 AM | Reply

"This was Bernie Sanders commenting back in 2015. It would appear that Trump was paying attention."

I missed the part where Bernie Sanders said crippling tariffs is the solution to wealth inequality.
Could you highlight that part for us No, you can't, because you're full of ---- as usual.

#53 | Posted by snoofy at 2025-05-06 11:48 AM | Reply

Where were you during the pandemic?
Obviously not paying attention.
#51 | Posted by BillJohnson

Where was Trump?
Obviously not paying attention to Democrats that "leveraged the pandemic to strangle the economy".
Your words, as usual, prove to be indefensible.

#54 | Posted by snoofy at 2025-05-06 11:50 AM | Reply

Rein,

You and Dan both have painfully myopic viewpoints.

#55 | Posted by BillJohnson at 2025-05-06 11:51 AM | Reply

"You and Dan both have painfully myopic viewpoints."

But you can't say why.

#56 | Posted by snoofy at 2025-05-06 11:54 AM | Reply

Lady B is almost as pathetic as Ashli Babbitt.

#57 | Posted by reinheitsgebot at 2025-05-06 11:55 AM | Reply

"Where were you during the pandemic?"

Watching Trump kill Americans, mostly Republicans.

Where were YOU?

#58 | Posted by Danforth at 2025-05-06 12:00 PM | Reply

"Obviously not paying attention"

On the contrary, I was paying attention. That's why I blame Trump. Meanwhile, please explain the difference between the economy Trump got from Obama, and the economy Trump handed off to Biden.

You won't, of course, because you can't. As Snoofy pointed out, once again you run away when challenged by a question you refuse to answer.

#59 | Posted by Danforth at 2025-05-06 12:04 PM | Reply

Dan,

"Where were YOU?"

Actually I was considered an "essential worker" so I never got any time off.

When I hear that term "essential worker" it reminds me of Schindlers List movie and feels kind of creepy.

I even had to carry a document in my car in the event I was pulled over.

Driving was great. Hardly any cars on the roads for a few months.

#60 | Posted by BillJohnson at 2025-05-06 12:09 PM | Reply

"Driving was great."

Telling, that's what remains with you, five years later.

#61 | Posted by Danforth at 2025-05-06 12:13 PM | Reply

"Driving was great. Hardly any cars on the roads for a few months."

Why did Trump let the economy collapse to the point that there were very few cars on the road?

#62 | Posted by snoofy at 2025-05-06 12:17 PM | Reply

"I missed the part where Bernie Sanders said crippling tariffs is the solution to wealth inequality. Could you highlight that part for us No, you can't, because you're full of ---- as usual."

Here is a statement by Trump a few days ago:

"You know, somebody said, Oh, the shelves are going to be open,'" he said. "Well, maybe the children will have two dolls instead of 30 dolls. And maybe the two dolls will cost a couple bucks more than they would normally."

USans don't care why you're crippling the economy. They only care that you're crippling the economy. As you've seen many times on this site, ideologues are more than willing to suffer for their beliefs. And think others should be just as willing. You might be more like a Trumper than you care to admit if you don't understand this.

#63 | Posted by madbomber at 2025-05-06 12:23 PM | Reply

"As you've seen many times on this site, ideologues are more than willing to suffer for their beliefs."

I've been saying that as long as I've been here.
Republicans are the type to spend an extra million dollars to pursue the death penalty.
Republicans are the type to deport agricultural workers and then wonder why crops are rotting on the vine.

But you still haven't pointed out where Bernie says we need massive tariffs.
The reason you can't point it out is because Bernie would never say something that stupid.
The reason you can't point it out is because Bernie is not an ideologue who is willing to make others suffer for his beliefs.

Unless, of course, you're the kind of weasel who says raising the capital gains tax and Social Security withholding leads to genuine suffering among the wealthy.
Which of course is exactly the kind of weasel you are.

Anything else or are you done with your drivel drive-by and it's back to drinking for you?

#64 | Posted by snoofy at 2025-05-06 12:31 PM | Reply

Sorry, I didn't accurately answer your questions. Bernie's comments on tariffs, from 2019:

"Yeah of course, it is used in a rational way within the context of a broad, sensible trade policy. It is one tool that is available," he said. "You're looking at somebody, by the way, who helped lead the effort against permanent normal trade relations with China and (North American Free Trade Agreement)."

There is no "rational" way to use tariffs. They are a way to achieve a desired ideological outcome at the expense of consumers. You maybe agree with Sander's stance on tariffs, because he guilds the lilly with heaps of left-wing dogma, but the effect on consumer choice is no different. Who care if you have fewer Christmas presents or deodorant options if it means achieving some sort of ideological goal.

I'll say this too. You should like it. If Trump is able to pull something out of his ass with this tariff thing? Against all odds make it work? There would be little to risk in electing even a far-left president like Bernie. For most of us, opposition to Bernie is rooted in the conventional understanding that restrictions to free markets suppress wealth creation and economic growth. Trump is going to show us whether that is true or not.

#65 | Posted by madbomber at 2025-05-06 12:32 PM | Reply

Here is the link:

"www.cnn.com"

#66 | Posted by madbomber at 2025-05-06 12:33 PM | Reply

Here some more on Bernie's support for tariffs. maybe more importantly, his objections to China's favored nation status within the WTO.

"A "Sanders-Hawley Tariff" on Americans who import goods from China would be the biggest U.S. tariff increase since the Smoot-Hawley Tariff Act of 1930. Based on 2022 import levels, Sanders-Hawley tariffs would increase the average tax on imports from China from 11.1 percent to 40.9 percent.[3] High taxes would be levied on products like shoes and clothing (59 percent Sanders-Hawley tariff rate), toys (70 percent tariff rate), and computers and cellphones (35 percent tariff rate). The resulting price increases would come at a time when inflation and everyday bills remain big concerns for American families."

www.ntu.org

Maybe Trump was trying to out-Bernie Bernie?

#67 | Posted by madbomber at 2025-05-06 12:37 PM | Reply

"Yeah of course, it is used in a rational way within the context of a broad, sensible trade policy. It is one tool that is available,

Everybody knows that, --------.
It's why we don't sell Chinese made cars in America.
Come back when you're ready to have a conversation above an eighth grade reading level.

#68 | Posted by snoofy at 2025-05-06 12:37 PM | Reply

"Maybe Trump was trying to out-Bernie Bernie?"

Can you express that sentence without using the word Bernie, so that we might have a clue what you're trying to say?
No. You can't.

#69 | Posted by snoofy at 2025-05-06 12:41 PM | Reply

"Come back when you're ready to have a conversation above an eighth grade reading level."

I don't think you're ready to have the conversation. It might mean admitting that either A) Bernie is wrong, or B) you're more like a Trumper than you'd like to admit.

But, if you do want to have said convo, let's start with #67.

#70 | Posted by madbomber at 2025-05-06 12:44 PM | Reply

"Maybe Trump was trying to out-Bernie Bernie?"

Maybe MadBomber is trying to out-stupid MadBomber.

#71 | Posted by snoofy at 2025-05-06 12:45 PM | Reply

Walk me through why those tariffs-Bernie's tarrifs-would have been a good thing.

In fact, let's throw Bernie out completely. Let's say these were Trump tariff rates. Would you approve?

#72 | Posted by madbomber at 2025-05-06 12:45 PM | Reply

Here some more on Bernie's support for tariffs. maybe more importantly, his objections to China's favored nation status within the WTO.
"A "Sanders-Hawley Tariff" on Americans who import goods from China would be the biggest U.S. tariff increase since the Smoot-Hawley Tariff Act of 1930. Based on 2022 import levels, Sanders-Hawley tariffs would increase the average tax on imports from China from 11.1 percent to 40.9 percent.[3] High taxes would be levied on products like shoes and clothing (59 percent Sanders-Hawley tariff rate), toys (70 percent tariff rate), and computers and cellphones (35 percent tariff rate). The resulting price increases would come at a time when inflation and everyday bills remain big concerns for American families."
www.ntu.org

Maybe Trump was trying to out-Bernie Bernie?

#67 | Posted by madbomber

Bernie proposed that bill in 2005. He re-iterated the need to adjust rates in 2020 but never put out those numbers.

The numbers you are using are from 2022. And they are using floating tariff numbers based on import amounts from countries we don't label as "normal" trade partners and are not part of any proposal.

He never proposed tariff rates that high. Ever.

NTU isn't being honest.

#73 | Posted by Sycophant at 2025-05-06 12:51 PM | Reply | Newsworthy 1

"NTU isn't being honest."

You just said Bernie proposed that bill in 2005. You seem to be admitting that they are being honest.

But to keep with the spirit of Snoofy's request, would you-personally support the tariff rates Bernie proposed? Regardless of who proposed them? Or with regards to who proposed them?

#74 | Posted by madbomber at 2025-05-06 12:57 PM | Reply

"Walk me through why those tariffs-Bernie's tarrifs-would have been a good thing."

Well, for starters, there is no "Sanders-Hawley tariff proposal." You're citing Libertarian propaganda from www.ntu.org

"Bernie Sanders (I-VT) introduced legislation to strip the application of normal U.S. tariff rates to imports from China, a position he reiterated in his 2020 presidential run.[1] Sen. Josh Hawley (R-MO) recently introduced similar legislation.[2]"

Similar does not mean the same and it does not mean they are co-sponsoring a bill.

Sanders proposed a bill to strip China of MFN status. That's probably a good idea.
www.congress.gov

Hawley, separate from Bernie's proposal, introduced the idea of ending normal trade relations AND adding tariffs on certain Chinese made goods.
www.hawley.senate.gov

#75 | Posted by snoofy at 2025-05-06 01:00 PM | Reply

"There is no "rational" way to use tariffs."

Sure there is.
Protectionist tariffs are used to protect niche industries.
What your saying is no different than saying
"There is no "rational" way to apply a tax."

#76 | Posted by snoofy at 2025-05-06 01:02 PM | Reply

For most of us, opposition to Bernie is rooted in the conventional understanding that restrictions to free markets suppress wealth creation and economic growth. Trump is going to show us whether that is true or not.

#65 | Posted by madbomber

McKinley tried it in the 1920's.

How'd that work out? "Great Depression" should ring a bell for most.

#77 | Posted by AMERICANUNITY at 2025-05-06 01:03 PM | Reply

"They are a way to achieve a desired ideological outcome at the expense of consumers. "

Tariffs are absolutely not at the expense of consumers, when the tariffs protect a nation's economic livelihood.
Let's circle back on why you've never complained about the tariffs on Chinese cars.
Why haven't you cried your little eyes out that Chinese cars are not available in the Untied States?
Why isn't any politician saying we must end the tariffs on Chinese cars because these tariffs come at the expense of American consumers? (It's because you're wrong to make that claim.)

#78 | Posted by snoofy at 2025-05-06 01:05 PM | Reply

"For most of us, opposition to Bernie is rooted in the conventional understanding that restrictions to free markets suppress wealth creation and economic growth."

Which restrictions are those?
The ones where Chinese illegal immigrants can't legally work in the United States for a quarter an hour?

#79 | Posted by snoofy at 2025-05-06 01:06 PM | Reply

may have used bankruptcies as part of a "business plan"

1. Buy a business.
2. Run it into the ground.
3. Declare bankruptcy.
4. Walk away and stiff creditors.

That has been his plan for decades.

Running a business is easy.

Running a successful business is hard.

His only successful business is selling crap (flags, hats, memecoins, etc) to morons.

#80 | Posted by Nixon at 2025-05-06 01:18 PM | Reply

For most of us, opposition to Bernie is rooted in the conventional understanding that restrictions to free markets suppress wealth creation and economic growth. Trump is going to show us whether that is true or not.
#65 | Posted by madbomber

We're already seeing it.

Recommend reading the whole article: taxfoundation.org
Trump Tariffs: The Economic Impact of the Trump Trade War

Altogether, Trump's tariffs will raise $2.1 trillion in revenue over the next decade on a conventional basis ($1.5 trillion on a dynamic basis) and reduce US GDP by 0.8 percent, all before foreign retaliation. Including foreign retaliation announced as of April 10, the tariffs reduce US GDP by 1.0 percent.

The tariffs will reduce after-tax income by an average of 1.2 percent and amount to an average tax increase of more than $1,200 per US household in 2025. Our estimates of reductions in after-tax income may understate other harms consumers will experience, including loss of choice and higher prices for substitute goods.

In 2025, Trump's tariffs will increase federal tax revenues by $163.1 billion, or 0.54 percent of GDP, making the tariffs the largest tax hike since 1993. The tariffs are larger than the tax increases enacted under Presidents George H.W. Bush and Barack Obama.

#81 | Posted by snoofy at 2025-05-06 01:28 PM | Reply

Nixon,

I think I said earlier finding out Trump bankrupted so many times didn't impress me.

However, while I hate to say this, I wonder if a person needs a bit of larceny in them to effectively deal with all the bad players around the world don't play fair.

Playing the game with clean hands can be a disadvantage.

#82 | Posted by BillJohnson at 2025-05-06 01:29 PM | Reply

"who don't play fair"...I meant

#83 | Posted by BillJohnson at 2025-05-06 01:32 PM | Reply

"I wonder if a person needs a bit of larceny in them to effectively deal with all the bad players around the world don't play fair."

You support larceny by your President.
You support a criminal in the White House.
You think Trump is a criminal, but it's okay, because his crimes are good for America.

How very believable that you think all this!

#84 | Posted by snoofy at 2025-05-06 01:32 PM | Reply | Newsworthy 1

Snoofy,

You're a fool if you think Biden has clean hands.

And Kamala's hands...who knows where her's have been.

#85 | Posted by BillJohnson at 2025-05-06 01:37 PM | Reply

"How'd that work out? "Great Depression" should ring a bell for most."

I would direct your attention closer to Herbert Hoover for that Gem...but...whatevs.

#86 | Posted by madbomber at 2025-05-06 01:41 PM | Reply

"Tariffs are absolutely not at the expense of consumers, when the tariffs protect a nation's economic livelihood."

I kinda thought you might be a Trumper.

#87 | Posted by madbomber at 2025-05-06 01:42 PM | Reply

I'm still just curious why you dislike him so much. You seem to be buying what he is selling.

#88 | Posted by madbomber at 2025-05-06 01:42 PM | Reply

"Which restrictions are those? The ones where Chinese illegal immigrants can't legally work in the United States for a quarter an hour?"

Yes.

The ones where markets do not determine value, but rather they are set by a ministry within the government.

Which do you think has more appeal to consumers? Lower or higher costs?

How does it benefit me to be forced to pay more than market value for something?

Again, I think you might need to re-evaluate your evaluation of Trump. You and ScottS seem to share some key beliefs.

#89 | Posted by madbomber at 2025-05-06 01:45 PM | Reply

"The ones where markets do not determine value, but rather they are set by a ministry within the government."

So you're saying it would create wealth if essentially all Americans lost their jobs, replaced by -------- working for pennies on the dollar.

For whom would this create wealth, and for whom would this destroy wealth?

#90 | Posted by snoofy at 2025-05-06 01:47 PM | Reply

"Which do you think has more appeal to consumers? Lower or higher costs?"

Does one of them cost me my job?

#91 | Posted by snoofy at 2025-05-06 01:48 PM | Reply

"How does it benefit me to be forced to pay more than market value for something?"

You get to have a job.

#92 | Posted by snoofy at 2025-05-06 01:48 PM | Reply

"Our estimates of reductions in after-tax income may understate other harms consumers will experience, including loss of choice and higher prices for substitute goods."

This is the biggie.

A cell phone imported from China that cost $400 will now cost $980.

But, it'll all be a'ight, because soon cell phones will be manufactured in the US by hard working, well-paid 'muricans.

It'll be beautiful. Just be cool.

#93 | Posted by madbomber at 2025-05-06 01:50 PM | Reply

When you suggest that "Markets" determine value, what does that mean?

Does it mean individual purchases choose how much they're willing to pay for something?
If so, just say individuals.

I don't see how "markets" are even part of the discussion.
What is a market other than an individual purchasing something?
Why use the term "markets" when what you really mean is just called shopping?

#94 | Posted by snoofy at 2025-05-06 01:53 PM | Reply

"So you're saying it would create wealth if essentially all Americans lost their jobs, replaced by -------- working for pennies on the dollar."

The comparative advantage of the US is in knowledge and services. Which is exactly why the US should kinda be happy it was able to outsource manufacturing. It's not an economic component that provides value when compares to knowledge.

Your question is hard to answer. If the US were to lose its comparative advantage, then the workers in the US would just become the new -------- working for pennies on the dollar-implementing the decisions and ideas created in some other country.

I'm sure China would be more than happy to switch places. Developing the technology that fuels the global economy. Leaving it to lower skilled workers in other countries to produce the stuff en masse. They're just not there yet. Not sure why people in the US get gushy over the concept of a process that provides limited value to the economy or anything else. The relationship between the US and China at the end of 2024 suited me just fine. As for Chinese cars-why would I care if a Chinese company was trying to sell me a car? It's just another option I have available as part of my decision calculus if I want to buy a new car.

#95 | Posted by madbomber at 2025-05-06 01:58 PM | Reply | Newsworthy 1

"Does one of them cost me my job?"

Do I as a consumer give a ----?

#96 | Posted by madbomber at 2025-05-06 01:59 PM | Reply

"You get to have a job."

If your job is contingent upon the government rigging the markets to make sure you have a job, you should probably be looking for another line of work.

#97 | Posted by madbomber at 2025-05-06 02:00 PM | Reply

"When you suggest that "Markets" determine value, what does that mean?"

Markets?

Revert back to your macroeconomics classes.

#98 | Posted by madbomber at 2025-05-06 02:01 PM | Reply

The comparative advantage of the US is in knowledge and services. Which is exactly why the US should kinda be happy it was able to outsource manufacturing. It's not an economic component that provides value when compares to knowledge.

#95 | Posted by madbomber

If the economic benefits of outsourcing had been shared with the people who'd lost their jobs, america would have avoided this downfall. But reaganomics was in full effect and the rich took all the gains.

#99 | Posted by SpeakSoftly at 2025-05-06 02:03 PM | Reply

Madbomber does nothing but gaslight.

He's a German citizen who hasn't lives in America in decades.

He's the definition of a troll.

#100 | Posted by ClownShack at 2025-05-06 02:07 PM | Reply

"Does one of them cost me my job?"
Do I as a consumer give a ----?
#96 | Posted by madbomber

Well I guess that's up to you, Rational Actor.
But most consumers cut spending when they lose their job, owing to not having as much money to spend, owing to losing their job.

#101 | Posted by snoofy at 2025-05-06 02:19 PM | Reply

"If the economic benefits of outsourcing had been shared with the people who'd lost their jobs, america would have avoided this downfall. But reaganomics was in full effect and the rich took all the gains."

That's because the rich are the ones who knowledge and investment benefitted consumers. It's why there are now more middle-class people on earth than not.

But you're another one who should be happy with Trump. Unless Trump pulls one out of his ass, which I don't think he will, there will be far less wealth in the US. And the venture capitalists and entrepreneurs will quickly figure out that they can make more money in some other place. It's nothing new really. The only big difference is that typically these sorts of negative transformations occur under a progressive banner. This situation is unique in that it is occurring under a so-called "conservative."

Like I've said before. Trump is the US's Hugo Chavez.

#102 | Posted by madbomber at 2025-05-06 02:20 PM | Reply

"If your job is contingent upon the government rigging the markets to make sure you have a job, you should probably be looking for another line of work."

Why?
The government gave you your military career.
How long did it take you to follow your own advice?

#103 | Posted by snoofy at 2025-05-06 02:20 PM | Reply

Oh, and since we're talking about Venezuela, how did Bolivarian Socialism work out for that country?

#104 | Posted by madbomber at 2025-05-06 02:20 PM | Reply

"Like I've said before. Trump is the US's Hugo Chavez."

Trump isn't the US's Bernie Sanders any more? That's cute.
Trump can be whoever you don't like that you need him to be, did you know that about you?

#105 | Posted by snoofy at 2025-05-06 02:21 PM | Reply

"That's because the rich are the ones who knowledge and investment benefitted consumers"

You're telling us it benefits consumers when they lose their jobs.
Can we see the math?

#106 | Posted by snoofy at 2025-05-06 02:22 PM | Reply | Newsworthy 1

#101

The all this discussion is just purely academic. And USans will happily pay more for the goods and services they consume because the goods and services they consumer are produced by US workers.

Again, that's what Trump is betting on. And the basis for his decisions is not unwarranted. For at least a decade USans have been told that it is best for manufacturing to come back to the US. And many support that. A 2024 Cato survey found that 80% of respondents thought that US would be better if USans were working in factory jobs. And now they have a president who is doing his best to make that happen.

#107 | Posted by madbomber at 2025-05-06 02:30 PM | Reply

-if the economic benefits of outsourcing had been shared with the people who'd lost their jobs, america would have avoided this downfall

I doubt it. Consumers don't care when they're buying stuff.

They care when their jobs are impacted but they don't really make the connection.

#108 | Posted by eberly at 2025-05-06 02:31 PM | Reply

"That's because the rich are the ones who knowledge and investment benefitted consumers."

That's beside the point.
Capitalism doesn't exist for the benefit of consumers.
You are thinking of Socialism or Communism with that line of reasoning.

#109 | Posted by snoofy at 2025-05-06 02:37 PM | Reply

"And USans will happily pay more for the goods and services they consume because the goods and services they consumer are produced by US workers."

No they won't.
They haven't been doing that for fifty years, so I'm not sure why you assert they will suddenly change their ways.

Why do you assert American consumers will happily pay higher prices for American made goods?
Which economic school of thought even supports this notion? North Korea?

#110 | Posted by snoofy at 2025-05-06 02:39 PM | Reply

"Capitalism doesn't exist for the benefit of consumers."

Capitalism doesn't exist without consumers. At least not in the market sense.

You're thinking of socialism or communism with that line of reasoning.

Systems where there are no consumers. There are just citizens whose needs are provided for by the government based on what the government determines they need.

Ask East Germany.

East Germany actually had a rather well-developed manufacturing base, intended to supply a variety of consumer goods to European markets. Just not to East Germany. The DDR determined what the people needed, and provided those needs largely based on the hard currency they were able to bring in selling electronics and clothing to West Germany.

#111 | Posted by madbomber at 2025-05-06 02:43 PM | Reply

"For at least a decade USans have been told that it is best for manufacturing to come back to the US."

Might as well nuke China then, and destroy their factories. That would get the American people what they said want, right?

I know you're being stupid on purpose, because it's what you do, but:
Destroying the nation's ability to import is not a cost-effective way to bring manufacturing back to the US.

As we have already seen, it lowers GDP, which is really saying something considering imports are already not computed in GDP. So now, we have less imports, and less GDP. This is the opposite of what you promised was going to happen.

It sounds like you don't understand American businesses import raw materials, or perhaps more properly raw materials and intermediate stage products, and turn them into finished goods.

#112 | Posted by snoofy at 2025-05-06 02:44 PM | Reply

"They haven't been doing that for fifty years, so I'm not sure why you assert they will suddenly change their ways."

They won't.

I'm just not clear on why you would be suggesting they would. And if they're not, it becomes clear that progressive economic policies espoused by those who resemble Bernie Sanders would be no more successful than those promoted by Donald Trump.

#113 | Posted by madbomber at 2025-05-06 02:45 PM | Reply

"Capitalism doesn't exist for the benefit of consumers."
"Capitalism doesn't exist without consumers. At least not in the market sense."

No economic system exists without consumers.
There'd be no need for production otherwise.
You're again choosing to miss the point.

Why do you insist on being so stupid in these discussions? It's like you're trying to dilute your own value.

#114 | Posted by snoofy at 2025-05-06 02:45 PM | Reply

"Might as well nuke China then, and destroy their factories. That would get the American people what they said want, right?"

If you want to create high paying manufacturing jobs in the US, then yes. You nuke Japan again, and add in Europe and China for good measure. Once the US is the only industrialized production economy left on earth, manufacturers will be able to charge whatever they want, meaning that labor can charge whatever they want. The cost is simply passed on to the consumers, which have no other choice but to pay or go without.

#115 | Posted by madbomber at 2025-05-06 02:47 PM | Reply

" And if they're not, it becomes clear that progressive economic policies espoused by those who resemble Bernie Sanders would be no more successful than those promoted by Donald Trump."

No, they'd be vastly different, because the scale of what Bernie Sanders might have ever proposed is nowhere near the large scale of what Donald Trump is currently doing to tariffs.

I don't know why you need to insist things like scale and proportion don't matter.
Actually I do know why.
Tt's because you can't find any other way to make Trumps failure really be Bernie's Fault and Hugo Chavez's fault, instead of being the Republican Party's failure. Your daddy probably voted Republican so you're stuck defending it for emotional reasons you'll never unpack or something dumb like that.

#116 | Posted by snoofy at 2025-05-06 02:49 PM | Reply

"If you want to create high paying manufacturing jobs in the US, then yes. You nuke Japan again, and add in Europe and China for good measure."

Let's do it then. Surely it will bring even more people into the Middle Class, and that's got to be good, right?

#117 | Posted by snoofy at 2025-05-06 02:50 PM | Reply

"Systems where there are no consumers. There are just citizens whose needs are provided for by the government based on what the government determines they need."

You're making a distinction without a difference.
Socialism is when the workers own the means of production.
There would be no need to produce anything if there is nobody to consume anything.

#118 | Posted by snoofy at 2025-05-06 02:52 PM | Reply

"No economic system exists without consumers. There'd be no need for production otherwise. You're again choosing to miss the point."

Sweet, sweet Snoofy.

Under communism, as envisioned by Marx, there would be no markets. No economic system. Happy workers would work in earnest to produce, knowing that collectively all workers could provide everything that was required by society. To each according to need, to each according to ability. But any exchange of currency would have been unnecessary in a communist society, since everything was to have been available in such abundance as there would have been no difference in value between goods.

You do start to sound like a staunch Capitalist once in a while though.

#119 | Posted by madbomber at 2025-05-06 02:53 PM | Reply

"There would be no need to produce anything if there is nobody to consume anything."

Consumption in the market sense, yes. Which is why socialism has always proven to be such an abysmal failure. The expectation was that workers go to work, produce stuff, but in many cases not value from the benefit of the goods they produced.

Socialism's greatest fault is that it is based on subjugating that which others have already created, while eliminating the rewards associated with creating something new. You will never be any better off than you are the moment socialism is introduced. From there it would be all downhill.

#120 | Posted by madbomber at 2025-05-06 02:58 PM | Reply

#120

Northern European social democracies point and laugh in your general direction.

#121 | Posted by Corky at 2025-05-06 03:07 PM | Reply

"Consumption in the market sense, yes"

What other sense exists?
???

#122 | Posted by snoofy at 2025-05-06 03:15 PM | Reply

"The expectation was that workers go to work, produce stuff, but in many cases not value from the benefit of the goods they produced."

That same expectation holds true in Capitalism.
You're not saying anything about Socialism that isn't true in Capitalism.

#123 | Posted by snoofy at 2025-05-06 03:19 PM | Reply

#121: According to the World Happiness Report, the happiest people in the world live in socialist countries with universal health care, gun control, regulated businesses, and environmental protections. Hyper-capitalist America ranked 24th-- much below poorer Mexico whose people ranked themselves tenth in overall happiness: worldhappiness.report

Dotard Trumpf's abysmal approval ratings after his first 100 days of terror in 2025 will drive the US below 24 next year on the World Happiness Report.

#124 | Posted by C0RI0LANUS at 2025-05-06 03:19 PM | Reply

Yeah, we are already like #25 in health care.

#125 | Posted by Corky at 2025-05-06 03:26 PM | Reply

"If the economic benefits of outsourcing had been shared with the people who'd lost their jobs, america would have avoided this downfall. But reaganomics was in full effect and the rich took all the gains."

That's because the rich are the ones who knowledge and investment benefitted consumers. It's why there are now more middle-class people on earth than not.

#102 | Posted by madbomber

The rich would be NOTHING without labor to create and distribute their products.

What has happened to the middle class as the rich got richer from offshoring their jobs?

#126 | Posted by SpeakSoftly at 2025-05-06 03:30 PM | Reply

"That's because the rich are the ones who knowledge and investment benefitted consumers."

What do you mean, benefitted consumers?
Give us an example of how a rich person's knowledge and investment benefitted you, through your own choices as a consumer.

#127 | Posted by snoofy at 2025-05-06 03:35 PM | Reply

"What other sense exists?"

I consume oxygen, but it does not have any impact on the markets. I don't pay for it. It has no impact on the economy.

#128 | Posted by madbomber at 2025-05-06 03:43 PM | Reply

"That same expectation holds true in Capitalism."

How so?

Is it not expected they would be paid a wage or salary?

#129 | Posted by madbomber at 2025-05-06 03:44 PM | Reply

"Northern European social democracies point and laugh in your general direction."

How so?

#130 | Posted by madbomber at 2025-05-06 03:45 PM | Reply

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