Trump Tariffs

@Raiders22

 Callet is like a round more oval chocolate chip which is not as common but is considered more artisan and to me is far superior to any domestic chocolate chip type product including most mid to high tier US chocolate. The brand I mentioned before has different tiers based on cocoa percentage etc.

RD is Restaurant Depot its where most mom and pop places purchase all their goods for their restaurant from produce to meat to cheese to paper products almost anything commonly used in a restaurant and most often cheaper than say Sysco because there is no delivery fee you go there and pull a massive cart around their warehouse and check out yourself. 

Similar to tariffs, Trump $100,000 fee on foreign worker visa adds to cost of business.  Economists warn that undermining legal immigration risks lower economic growth, employment but higher inflation.  

@wallstreetcappers

 Very cool 

@Rush51

One thing I will add is that I often say that Europe can be a sort of leading indicator on some of the issues the USA is facing, or will face soon, with cultural issues.  But I think a good case can be made that the same can be said for economic issues as well.

The GDP per capita is lower than it was in 2008 in Britain.  The taxes are higher.  Which means people have less money 

One reason that Europe is struggling is the worsening economic situation and part of the reason for all of the movements right now.

In 2014, I am sure it is even worse now, the EU had 12% of the world’s population, 25% of the world’s GDP, and 50% of the welfare spending.  And the economy is not growing.

Until they get rid of the obsession with net-zero, millions of people on unemployment because they are a little bit anxious or depressed this will carry on.  Because people are poorer they are frustrated with mass immigration and especially illegal immigration.  Like one guy said, he is a single father and works very hard, yet he sees people being put up in hotels.  

If the economy was growing rapidly, or even decently, you can cover up these things.

If people had more money and things were going great, they would not be so stirred up over all of these things.  But that is not what is happening.  So, this is really beginning to swell up into a big problem.  

So, the government now has to get the economy growing as well as address all of the cultural issues.  Otherwise, the extremes will inevitably arise.  This is not even taking into account the huge fertility rate problem and its discrepancies.

Some of this will eventually show up more and more in the USA, and I think the debt issue will only exacerbate the cultural problems along with the economic concerns.

Higher inflation? 

but, but, but,   Trump promised to lower inflation!!

Hey he said my electric bill will be cut in half within 1 year.  Hes got 4 months to keep his promise which am sure he will, cause his promises are golden.

If that new Miran guy in the FED gets his way - you are in for one hell of a ride - then the inflation procentage will easily more than double, maybe even triple almost instantaneously (within a month)

There is a distinct possibility of that... 

very tough job    am not applying

More tariffs announced by the moron in the Oval

If Tariffs are so bad for an economy , why do 170 countries have tariffs on US Products ?

Not only that lunacy but he claims his tariffs against foreign trucks is to protect the US truck industry.

To protect the US truck industry  

The US truck industry is upset about der Fuhrer's tariffs on steel and aluminum - WHICH ARE HARMING THE US TRUCK INDUSTRY!!! 

@Barbarossa

 Countries impose tariffs to protect domestic industry and generate tax revenue.  But economists generally consider high tariffs bad for the US.  Increasing inflation and unemployment.  Decreasing standard of living and economic growth.  Average global tariff rate is 2.6%.  Under Trump administration, average US tariff rate increases from 1.5% to 27% the highest rate in a century.  

$100,000 visa for foreign worker is part of Trump administration anti-economic growth policy.  Since many firms cannot afford $100,000 visa, brain drain is likely to harm US productivity.  Making it harder to hire skilled positions could risk firms offshoring operations rather than hiring US workers.