23 Nobel Prize-Winning Economists Endorse Harris on the economy

[Hodad]

55 minutes ago, gatomontes99 said:

 

I'm not stupid. I'm not falling for it.

Agree to disagree. 

[Aristides]

1 hour ago, User said:

I am using my head. Trump already employed Tariffs before and Biden kept a ton of them in place. 

The point is, Trump has yet to offer any definitive tariff plan to try to claim he is going to blow up the economy. 

Dismissed? They offered nothing more than a vague political petition. Yeah, we can dismiss that. 

Trump has floated a 10 to 20% tariff on all imports and a 60% tariff on Chinese imports. Which means he will shit can all the trade agreements the US has, including some he negotiated.  What do you think will be the result? Trump backers say he doesn't really mean what he says well WTF does he mean? You really have no idea. He says stuff but you just hear what you want to hear and ignore what he is actually saying.

Edited November 1, 2024 by Aristides

[NAME REMOVED]

1 minute ago, Aristides said:

Trump has floated a 10 to 20% tariff on all imports and a 60% tariff on Chinese imports. Which means he will shit can all the trade agreements the US has, including some he negotiated.  What do you think will be the result? Trump backers say he doesn't really mean what he says well WTF does he mean? You really have no idea. He says stuff but you just hear what you want to hear and ignore what he is actually saying.

Trump is at the point that he can saying just about anything, and none of his followers will take him serious. Even worse, the media will not hold him accountable, due to the burnout of covering all of Trump's gaffes, and fear of him attacking their network and ruining their reputation, like he did CNN.

[Aristides]

11 minutes ago, DUI_Offender said:

Trump is at the point that he can saying just about anything, and none of his followers will take him serious. Even worse, the media will not hold him accountable, due to the burnout of covering all of Trump's gaffes, and fear of him attacking their network and ruining their reputation, like he did CNN.

As a Canadian I worry about Trump's re election as to how it impacts the rest of the world. As far as the US is concerned, if they re elect that Ahole, they deserve him.

[robosmith]

5 hours ago, gatomontes99 said:

Economists said the last Trump presidency would cause the stock market to crash. It didn't.

The market crashed SEVERAL TIMES during Trump's admin.

5 hours ago, gatomontes99 said:

Former security officials said the Hunter laptop was Russian disinformation. It wasn't.

You don't KNOW that. There was no legitimate chain of custody during the time it was in Giuliani's hands being shopped to Russians in Ukraine.

5 hours ago, gatomontes99 said:

Now they are repeating the lie, Trump's economy will cause inflation. I'm sorry, but I didn't fall for the first two so I'm not falling for this one. They are lying. Again. And they are literally doing it in the last week of October, just like last time.

I'm not stupid. I'm not falling for it.

You ARE stupid, cause you don't understand the cause and effect of tariffs.

Do you even know that a tariff war made the Great Depression big?

The Smoot-Hawley Tariff Act did not cause the Great Depression; however, it worsened conditions during that time. The Act increased tariffs, which further stressed struggling nations—including those in debt to the U.S.—and caused other nations to retaliate by imposing their own tariffs.

 

What Is the Smoot-Hawley Tariff Act? History, Effect and .

[robosmith]

4 hours ago, Aristides said:

As a Canadian I worry about Trump's re election as to how it impacts the rest of the world. As far as the US is concerned, if they re elect that Ahole, they deserve him.

ONLY the MAGA CULT deserves his impending disaster.

[Michael Hardner]

7 hours ago, robosmith said:

Wealthy people love tariffs, cause it reduces their company's competition from foreign competitors and frees THEM to raise prices more easily.

Not in the age of globalism. The big corporations are heavily invested in overseas plants and overseas markets. 

 

The trade war, at the level of an across the board tariff, would have an incalculable effect. But let's be clear that probably means large. 

And it seems like even Mexico and Canada would be targeted.

[Nationalist]

11 hours ago, Hodad said:

Sure, the Nobel prize is junk. 

There are actual, honest-to-god circus clowns in other countries who are more prepared to have a discussion on this topic than you are.

Go find one then. I'm sure you and a circus clown will be on completely the same wavelength. 

[User]

10 hours ago, Aristides said:

Trump has floated a 10 to 20% tariff on all imports and a 60% tariff on Chinese imports. Which means he will shit can all the trade agreements the US has, including some he negotiated.  What do you think will be the result? Trump backers say he doesn't really mean what he says well WTF does he mean? You really have no idea. He says stuff but you just hear what you want to hear and ignore what he is actually saying.

That is my point, Trump has made no definitive plans for tariffs. 

I think the result will be more of the same, that he will have some targeted tariffs and, if he pushes too hard somewhere to where there were some significantly detrimental effects, he would back off. 

We do have an idea, we have seen a Trump presidency. 

 

 

[Michael Hardner]

25 minutes ago, User said:

That is my point, Trump has made no definitive plans for tariffs. 

I think the result will be more of the same, that he will have some targeted tariffs and, if he pushes too hard somewhere to where there were some significantly detrimental effects, he would back off. 

We do have an idea, we have seen a Trump presidency. 

 

 

I think most people agree with you, ie. that he's blustering.  I think they agree with the overall intention and feel that the details will not be as he says.

We will see.

[CdnFox]

22 minutes ago, User said:

That is my point, Trump has made no definitive plans for tariffs. 

I think the result will be more of the same, that he will have some targeted tariffs and, if he pushes too hard somewhere to where there were some significantly detrimental effects, he would back off. 

We do have an idea, we have seen a Trump presidency. 

 

 

And this is his usual negotiating style. He will say that he campaigned on massive tariffs for china for example. So then he goes to china and says well china you know, I did just win an election based on tariffing you into the ground. But if you do this and that and this then maybe we can avoid the worst of it.

We've seen it a hundred times before. Telling Russia he can attack anybody in NATO that doesn't pay their bills, etc etc

Trump's not stupid and he's not going to blindly just keep doing something if it's actually not working.

 

[Aristides]

1 hour ago, User said:

That is my point, Trump has made no definitive plans for tariffs. 

I think the result will be more of the same, that he will have some targeted tariffs and, if he pushes too hard somewhere to where there were some significantly detrimental effects, he would back off. 

We do have an idea, we have seen a Trump presidency. 

 

 

So have we.

Interesting how MAGA's will jump on any little gaff of Biden's even though he isn't running but no matter what Trump says, his faithful just say he doesn't really mean it.

Edited November 1, 2024 by Aristides

[ironstone]

23 hours ago, Hodad said:

Economists typically don't like to get involved in politics, but for experts in the field, the threat Trump poses is simply too great to ignore.

“While each of us has different views on the particulars of various economic policies, we believe that, overall, Harris’s economic agenda will improve our nation’s health, investment, sustainability, resilience, employment opportunities, and fairness and be vastly superior to the counterproductive economic agenda of Donald Trump,” they wrote, in the letter obtained first by CNN.

 

**The total count was actually 82 Nobel science laureates, but 23 of them were economists speaking on the economy.

The know-nothings will no doubt dismiss the definitive experts in the field (based on their feelings) Instead, rather than taking to heart the warnings of those (almost certainly) smarter and vastly more knowledgeable.

That's nothing. What really matters to progressives is the number of Hollywood celebrities that are endorsing their candidate.

[User]

2 hours ago, Aristides said:

So have we.

Interesting how MAGA's will jump on any little gaff of Biden's even though he isn't running but no matter what Trump says, his faithful just say he doesn't really mean it.

Biden is still President. Vice President Harris is still his Vice President in the same administration serving him. 

What he does and says is more relevant than what almost anyone else does or says. 

[Aristides]

Just now, User said:

Biden is still President. Vice President Harris is still his Vice President in the same administration serving him. 

What he does and says is more relevant than what almost anyone else does or says. 

Like I said, Trump can say the most asinine, insulting, untrue things and you just  say he doesn't really mean it. 

[User]

3 minutes ago, Aristides said:

Like I said, Trump can say the most asinine, insulting, untrue things and you just  say he doesn't really mean it. 

That is not what I said nor what I do. The only one of us two making crap up here is you. Just like you do in other threads. 

[Aristides]

5 minutes ago, User said:

That is not what I said nor what I do. The only one of us two making crap up here is you. Just like you do in other threads. 

You obviously either don't listen to Trump, you agree with his insults and lies, or you just tune them out. 

You make a big deal of something said by a guy you claim has dementia while you back a guy who is trying to insult and lie his way into the White House and you think will be somehow different if he wins.

[User]

5 minutes ago, Aristides said:

You obviously either don't listen to Trump, you agree with his insults and lies, or you just tune them out. 

You make a big deal of something said by a guy you claim has dementia while you back a guy who is trying to insult and lie his way into the White House and you think will be somehow different if he wins.

It is obvious that you have created a false dilemma here. Instead of engaging with what I actually say, you do this instead. 

I make a big deal out of Biden calling half the voting population garbage because you guys spent several days faking outrage over a comedian telling a bad joke. 

That guy with dementia is the sitting President. 

 

[Aristides]

4 minutes ago, User said:

It is obvious that you have created a false dilemma here. Instead of engaging with what I actually say, you do this instead. 

I make a big deal out of Biden calling half the voting population garbage because you guys spent several days faking outrage over a comedian telling a bad joke. 

That guy with dementia is the sitting President. 

 

You said what Trump says about his economic policies will not be what he really does. I didn't say anything about that comedian, Millar, Carlson or any of the other lowlifes who were spewing hate at that rally. Their words spoke for themselves and didn't need any interpretation.

 

Edited November 1, 2024 by Aristides

[User]

Just now, Aristides said:

You said what Trump says about his economic policies will not be what he really does. I didn't say anything about that comedian or any of the other lowlifes who were spewing hate at that rally. Their words spoke for themselves and didn't need any interpretation.

 

No, that is not what I said. 

I very specifically said Trump has not offered any real specific tariff plan. There is nothing to criticize or get worked up over at this time. What I am doing is evaluating what he did last administration as a good indicator for his view on tariffs as to what we might expect. 

So, you do agree, the sitting President of the United States, Biden, was spewing hate too?

Is it spewing hate when Democrats like Harris and many other leaders in the party continually label Republicans as Nazis?

Right now, it sure does look like you don't really give a crap about spewing hate, its just a political talking point for you to try to use when the other guys do it. 

 

[Aristides]

1 minute ago, User said:

No, that is not what I said. 

I very specifically said Trump has not offered any real specific tariff plan. There is nothing to criticize or get worked up over at this time. What I am doing is evaluating what he did last administration as a good indicator for his view on tariffs as to what we might expect. 

So, you do agree, the sitting President of the United States, Biden, was spewing hate too?

Is it spewing hate when Democrats like Harris and many other leaders in the party continually label Republicans as Nazis?

Right now, it sure does look like you don't really give a crap about spewing hate, its just a political talking point for you to try to use when the other guys do it. 

 

That's wonderful standard you have. He says something and you just make up what he means. Harris has never called Trump a Nazi. JD Vance did call him "America's Hitler".

[User]

5 minutes ago, Aristides said:

That's wonderful standard you have. He says something and you just make up what he means. Harris has never called Trump a Nazi. JD Vance did call him "America's Hitler".

Where did I make up what he means?

The only one making up crap here is you... again, repeatedly. You have a real problem actually responding to what I say. 

I love how you ignore everything I said and very narrowly claim Harris did not call Trump a Nazi. Lets see, Walz contrasted a Trump rally as MSG to it being a Nazi rally... Harris invokes Hitler while calling Trump a fascist... so fine, I will amend my statement to more precisely say Harris repeatedly compares Trump to Hitler while calling him a fasicst. 

That is not any better. 

JD Vance has long since repudiated his earlier comments. Harris has not. 

 

[Aristides]

You said he probably won't do what he says he will do.

The rhetoric coming out of some of the speakers was very much like a Nazi rally, although I wouldn't call it that.

If you are going to take every comment a Democrat makes literally, you should apply the same standard to Trump and his minions.

[robosmith]

17 hours ago, Hodad said:

Sure, the Nobel prize is junk. 

There are actual, honest-to-god circus clowns in other countries who are more prepared to have a discussion on this topic than you are. This is not hyperbole, just plain fact. 

Maybe just sit out economic discussions. 

The Nobel Prize money is real. $1M doesn't go as far as it used to, but I wouldn't turn it down.

approximately US$1,035,000

 

As of 2023, the Nobel Prize monetary award is 11,000,000 kr, amounting to approximately US$1,035,000. A prize may not be shared among more than three individuals, although the Nobel Peace Prize can be awarded to organisations of more than three people.

 

Nobel Prize - Wikipedia

[WestCanMan]

32 minutes ago, Aristides said:

You said he probably won't do what he says he will do.

The rhetoric coming out of some of the speakers was very much like a Nazi rally, although I wouldn't call it that.

If you are going to take every comment a Democrat makes literally, you should apply the same standard to Trump and his minions.

Trump will definitely do what he's telling voters that he'll do, it's just a matter of whether or not the Dems can block him using 9th-circuit BS rulings or congress or the senate... whatever it takes to obstruct.