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

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.

aquascoot wrote on Dec 10^th, 2025 at 9:41am:


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?

aquascoot wrote on Dec 10^th, 2025 at 9:41am:


Taxing everything doesn't magically help the young, and you know it. You're talking utter bullshit as usual.

Trump's combination of tariffs and mass deportations has driven up the cost of food, utilities, healthcare, and housing. Those price hikes hammer low-income people hardest, and the largest demographic in that bracket is the young. It's not complicated economics, it's basic cause and effect.

You whinge about "socialism", yet here we are again with farmers being bailed out, again. Remember when people like you shrieked that Obama's auto-industry rescue was socialism? They paid it back. This second round of farm handouts under Trump has no such requirement. It's corporate welfare, plain as day, and it exists solely because his tariffs and trade war torched their markets. Biden didn't cause it. Obama didn't cause it. There's no Democrat hoax. It's Trump's mess.

Stop trying to spin his screw-ups as some galaxy-brained masterstroke with a hidden agenda. There isn't one. He's just a terrible businessman doing to the country exactly what he did to his own companies, running them straight into the ground.

Look at the national debt. It's ballooned since he took office. It went from about $37 trillion to $38 trillion in roughly ~70 days, which is unusually rapid historically, and it's only getting worse.  This is after all the "DOGE cuts".

He's spending more, delivering less, and shrinking revenue with tax cuts for the wealthy, all while trying to hide the whole thing behind tariffs slapped on everything, including goods with no local alternatives. And then he lies about how much tariff money is coming in while promising to spend that same imaginary cash on ten different things at once. It's already been swallowed by those tax cuts at the big end of town.

It is a recipe for disaster.

You cannot honestly believe the nonsense you're spouting.