Australian Politics Forum - trumps tariffs start to settle in

Karnal

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Re: trumps tariffs start to settle in
Reply #45 - Dec 9^th, 2025 at 5:58pm

greggerypeccary wrote on Dec 9^th, 2025 at 4:10pm:

China’s Trade Surplus Climbs Past $1 Trillion for First Time

President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.

https://media.tenor.com/miM7KypcBs4AAAAM/donald-trump-dumb.gif

Tariffs imposed by President Trump on China have caused Chinese exports to the United States to drop by nearly a fifth. But China has throttled back its purchases of American soybeans and other products by almost the same rate, continuing to sell three times as much to the United States as it buys.

Come come, Greggery, the very first thing he did was tell Mike to cancel Sleepy Joe's bills. The Chips Act, Jobs/Infrastructure, the lot.

He then sent Elon in to cancel all the industry handouts (that weren't going to Elon).

Actually, he shafted Elon nicely by cancelling the subsidies on EVs.

Elon got him back by letting rip with that tweet about the Epstein files.

Now he's busily approving chips sales to Chi-na that Xi plans to knock off and sell back to the US at a 90% discount.

Of course he's losing the trade surplus. The Chows are cunning, long-term operators who bounce out of bed with a five-year plan. DL can't stay focused for more than 90 seconds - if his security briefings are anything to go by.

While Xi's in the office by 8am each day, the big fella spends his mornings flicking between Fox and CNN. While Xi's reading his briefings and replying to his emails, the big fella's lounging around in bed with his empty Maccas wrappers - or out on the golf course, cheating.

With Joe in office, the Septics at least had a chance to claw back the trade deficit. Their jobs numbers, wage growth, investment and business confidence, all on the up and up.

With the big fella in office, the reverse is happening. Today, we're watching the US decline in real time, right before our eyes.

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aquascoot

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Re: trumps tariffs start to settle in
Reply #46 - Yesterday at 8:09am

The truth is that's whilst trumps tariff policies are radical

The great divide is correct in that modern monetary theory is no longer working

Printing money running enormous deficits
Merely results in asset hyperinflation
Those who own real estate or Stocks end up with all the printed cash Hyper inflating their asset
I can see this myself with my Real estate and superannuation which just continues to go up and up
As my children and grandchildren See home ownership evaporation
Thankfully my children are okay
But their children facing a very Failed system

What about Trump's tariffs
They probably won't work but they are worth trying
In a way it is A method of reducing demand

If the government can very sensibly reduced demand for stupid items whilst removing the tariff important items
They do have a chance to reshape the economy
And transfer wealth from the hyperwealthy boomers
Who are the only ones with spare cash to consume

Worth studying

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Karnal

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Re: trumps tariffs start to settle in
Reply #47 - Yesterday at 8:56am

aquascoot wrote Yesterday at 8:09am:

The truth is that's whilst trumps tariff policies are radical

The great divide is correct in that modern monetary theory is no longer working

Printing money running enormous deficits
Merely results in asset hyperinflation
Those who own real estate or Stocks end up with all the printed cash Hyper inflating their asset
I can see this myself with my Real estate and superannuation which just continues to go up and up
As my children and grandchildren See home ownership evaporation
Thankfully my children are okay
But their children facing a very Failed system

What about Trump's tariffs
They probably won't work but they are worth trying
In a way it is A method of reducing demand

If the government can very sensibly reduced demand for stupid items whilst removing the tariff important items
They do have a chance to reshape the economy
And transfer wealth from the hyperwealthy boomers
Who are the only ones with spare cash to consume

Worth studying

That's the point - they're not a policy. They're a blanket tax on all products.

Many have been rolled back. And they've all been banned by the courts.

Tariffs are an economic downer. How do we know?

You said.

But I'm curious. Why would they be worth trying if they don't work?

What sort of brainwashed bot would come up with something like that?

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aquascoot

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Re: trumps tariffs start to settle in
Reply #48 - Yesterday at 9:41am

You miss the point.

Economic growth sees rich old me watch my super and real estate go stratospheric, because economic growth in current modern monetary theory just sees cash pumped into the economy to keep the poor spending and mybstocks and assets benefit.

And economic growth on the back of big tech AI automation sees young people not getting good jobs and falling further and further behind.

How to transfer wealth to the young?

Tarrifs on jet skis, caravans, luxury cars, air travel, flash restaurants.

The boss can put the tarrifs where the entitled "spend the kids inheritance types and move that cash to assist the millenials.

Socialism, mundani, debt, AI high tech , robotics, green policy can't help the young.

They help those with assets
They help those with shares in green tech, shares in AI, real estate.

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Marla Gold Member Offline A joint a day keeps the MAGA away Posts: 14542 Colorado Gender:	Re: trumps tariffs start to settle in Reply #49 - Yesterday at 9:49am Shut the f**k up you clueless word salad retard
Back to top	I like takin' Tuinal. It keeps me edgy and mean. I'm a teenage schizoid I'm a teenage dope fiend IP Logged

Karnal

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Posts: 99857

Re: trumps tariffs start to settle in
Reply #50 - Yesterday at 11:37am

aquascoot wrote Yesterday at 9:41am:

You miss the point.

Economic growth sees rich old me watch my super and real estate go stratospheric, because economic growth in current modern monetary theory just sees cash pumped into the economy to keep the poor spending and mybstocks and assets benefit.

And economic growth on the back of big tech AI automation sees young people not getting good jobs and falling further and further behind.

How to transfer wealth to the young?

Tarrifs on jet skis, caravans, luxury cars, air travel, flash restaurants.

The boss can put the tarrifs where the entitled "spend the kids inheritance types and move that cash to assist the millenials.

Socialism, mundani, debt, AI high tech , robotics, green policy can't help the young.

They help those with assets
They help those with shares in green tech, shares in AI, real estate.

Incorrect. This year's been frantic for super, up and down with each new announcement.

Real estate has nothing to do with your DL's tariffs. Your super was steadily increasing under Sleepy Joe. Since your DL came in, it's taken two serious dives.

The boss isn't putting tariffs where rich kids spend their money, he's applying blanket figures based on his whims. He recently decided to tariff Brazil 50%, saw coffee prices go through the roof, and TACOed out again.

A prez has only one legal way to impose tariffs - as a security measure, used typically in a time of war only. In the case of Brazil, he imposed his tariff to blackmail their courts into letting Bolsenaro off for attempting a coup. That one tariff effected businesses all over America, big and small. And it's been ruled illegal by every court bar SCOTUS.

Your word salad about socialism, Mumdani and debt is just a distraction. You don't believe in tariffs. They go against every principle you've espoused to date. Not only have they devastated US business and raised US inflation, their knock-on effects on the global economy have taken money out of your own super.

So I'm curious. Why can't you admit that? What compels you to go off on a surreal tangent to evade the bleedingly obvious? Over 67% of Americans disapprove with the way your DL's managing the economy.

Why is it so hard to say ah?

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