US Economy UNSTOPABLE.

[paxamericana]

1 hour ago, LinkSoul60 said:

On-shoring is a pipe dream.  US and based companies have moved on long ago as ~4% unemployment proves.  The US doesn't have the energy infrastructure and labour pool to support, and most certainly doesn't have the consumer appetite to accept more inflation because of on-shoring.  Not going to happen...

 

And yet Trump is managing exactly that, reshoring. Yes there will be growing pain as you outlined, but this is a good problem. Canada and much of the world is undergoing deindustrialization, you are undergoing a managed decline, much worse problem. America will remain the shining city on top of the hill and continue to attract talent. America is undergoing the largest industrialization expansion since world war 2. 

Edited August 14, 2025 by paxamericana

[Chrissy1979]

1 hour ago, Shady said:

Nope.  Never Trumpers are just so deranged that even if you point out that the sky is blue, if Donald Trump also thinks so, you're supporting him for point that out.  Get professional help.

You’re not conservative. You just support your team, even if they promote anti-conservative policies. You would support Trump no matter what he says or does. Even with overwhelming evidence he is a rapist. Even with overwhelming evidence he isn’t even conservative.

[Chrissy1979]

53 minutes ago, CdnFox said:

You're thinking of democrats.  That's different   (waives at bill and hillary)

 

I never supported Bill or Hillary, but you’re trying to deny you’re a Trumper? I remember you even trying to say he isn’t a rapist. 😆 

[Shady]

2 minutes ago, Chrissy1979 said:

You’re not conservative. You just support your team, even if they promote anti-conservative policies. You would support Trump no matter what he says or does. Even with overwhelming evidence he is a rapist. Even with overwhelming evidence he isn’t even conservative.

I already told you that I find labels counterproductive.  Regardless, I don’t support him no matter what.  I think all information related to Epstein should be released.  I also don’t support broad based tariffs.

[Chrissy1979]

14 minutes ago, Shady said:

I already told you that I find labels counterproductive.  Regardless, I don’t support him no matter what.  I think all information related to Epstein should be released.  I also don’t support broad based tariffs.

You claim not to support tariffs, and yet you try to pretend they won’t affect inflation by cheerleading inflation numbers now before the effect of the tariffs kicks in. It’s almost like you want it both ways (which is typical of unmasculine MAGA types).

[Shady]

10 minutes ago, Chrissy1979 said:

You claim not to support tariffs, and yet you try to pretend they won’t affect inflation by cheerleading inflation numbers now before the effect of the tariffs kicks in. It’s almost like you want it both ways (which is typical of unmasculine MAGA types).

I just pointed out that we haven’t yet seen the predicted high inflation.  It’s just an objective fact.  It shouldn’t upset you so badly.

[CdnFox]

2 hours ago, Boges said:

I agree. These tariffs will result in higher food prices. 

Especially with the increased costs of fertilizer from Canada. 

Again these tariffs will be a lagging indicator. 

There's no doubt. I don't think anyone disagrees with any of that. The expectation of those who are promoting it is that the benefits will outway these obvious disadvantages and produce more economic benefit than the tariffs cost. 

We'll see if that's how it pans out. It'll be a while

[Boges]

1 minute ago, CdnFox said:

There's no doubt. I don't think anyone disagrees with any of that. The expectation of those who are promoting it is that the benefits will outway these obvious disadvantages and produce more economic benefit than the tariffs cost. 

We'll see if that's how it pans out. It'll be a while

The Trump admin is not positioning it this way.

They think that the companies will eat the tariffs and not pass it on to consumer. OR they'll force exporters to lower their prices to compensate for the tariffs. 

They wouldn't be begging for lower interest rates otherwise. They think the tariffs can both grow the economy and raise revenue. It's absolute insanity. 

[Aristides]

US deficit up 20% despite an increase of $21 billion in customs duty's due to Trumps tariffs.

https://www.bnnbloomberg.ca/business/2025/08/12/us-deficit-grows-to-us291-billion-in-july-despite-surge-in-tariff-revenue/

[paxamericana]

14 minutes ago, Aristides said:

US deficit up 20% despite an increase of $21 billion in customs duty's due to Trumps tariffs.

https://www.bnnbloomberg.ca/business/2025/08/12/us-deficit-grows-to-us291-billion-in-july-despite-surge-in-tariff-revenue/

You are right, we should increase Tariff. 

[Boges]

1 minute ago, paxamericana said:

You are right, we should increase Tariff. 

And then when this golden age of the US kicks in and you don't require imported goods anymore, where does the revenue come from then? 

[paxamericana]

15 minutes ago, Boges said:

And then when this golden age of the US kicks in and you don't require imported goods anymore, where does the revenue come from then? 

I can only speak from known models but essentially it's growth driven. The preferred way to get out of government deficit is to cut spending and grow the economic activity such that the revenue received from taxes of said economic activity exceed spending. Grow out of debt.

Edited August 14, 2025 by paxamericana

[CdnFox]

42 minutes ago, Boges said:

The Trump admin is not positioning it this way.

They're pretty much are, they've been very clear that they expect and increase in jobs and market activity as a result of this. This is supposed to move businesses back to america and manufacturing expressly.

Quote

They think that the companies will eat the tariffs and not pass it on to consumer. OR they'll force exporters to lower their prices to compensate for the tariffs. 

I'm sure they are hoping for a little bit of that but I think they're well aware that that does as much harm to the economy is making the end in person pay for it. If it doesn't pay off with more jobs and more economic activity than it's going to be a losing fight

Quote

he wouldn't be begging for lower interest rates otherwise.

He's begging for that because of the national debt he's going to be racking up and he knows what happens when those interesting bills come to you. He wants to lower interest rates to help stimulate the economy and so if he doesn't pay as much on the money he's borrowing in deficit

Quote

They think the tariffs can both grow the economy and raise revenue. It's absolute insanity. 

It's not Insanity per se, conceptually it is possible. But it will require extremely effective execution and I'm not seeing as much of that as you would like to see if you were rooting for him. But only time will tell. If companies actually start moving back to America and actually start investing in America rather than just simply announcing it and business sees things beginning to improve and starts to get out there spending their own money again then he was probably correct and it worked. If the economy lags then he was wrong.

Normal GDP growth is somewhere in the neighborhood of 2.5 to 3% per year. That's nothing screamingly great but it's solid. If you just better than that he won. If he does worse than that he lost

[Boges]

38 minutes ago, paxamericana said:

I can only speak from known models but essentially it's growth driven. The preferred way to get out of government deficit is to cut spending and grow the economic activity such that the revenue received from taxes of said economic activity exceed spending. Grow out of debt.

How has that worked for the US debt in times of extreme economic growth? The deficit has never been higher. 

[paxamericana]

21 minutes ago, Boges said:

How has that worked for the US debt in times of extreme economic growth? The deficit has never been higher. 

To be frank not good, we've just been printing cash because we're the world currency reserve which makes it quite literally a Trump Card. (I'm not endorsing it) 

But historically to get out of the Great Depression that is what America did, spur government spending and boost capital investment for economic activity related to War production. This lead to a unprecedented growth during the baby boom years and subsequent Economic powerhouse that has been the hall mark of America.

Edited August 14, 2025 by paxamericana

[Chrissy1979]

4 hours ago, Shady said:

I just pointed out that we haven’t yet seen the predicted high inflation.  It’s just an objective fact.  It shouldn’t upset you so badly.

Because it takes at least six months to shake out. Maybe more when they’re added snd removed willy-nilly.

But is your support for releasing the Epstein files because you know Ttump supporters would still be behind him if he were heavily implicated? Wouldn’t you support him even more if he were?

[Aristides]

1 hour ago, paxamericana said:

To be frank not good, we've just been printing cash because we're the world currency reserve which makes it quite literally a Trump Card. (I'm not endorsing it) 

But historically to get out of the Great Depression that is what America did, spur government spending and boost capital investment for economic activity related to War production. This lead to a unprecedented growth during the baby boom years and subsequent Economic powerhouse that has been the hall mark of America.

Mostly because the rest of the world was in ruins after WW2 and the US had no competition. Those days are gone and won't be coming back.

[Aristides]

Trump's tariffs were supposed to reduce the deficit and finance tax cuts. Looks like the opposite is happening.

[CdnFox]

1 hour ago, Aristides said:

Trump's tariffs were supposed to reduce the deficit and finance tax cuts. Looks like the opposite is happening.

it will be at least two quarters before we know. The American economy is a super tanker not a speedboat.

You'll have to wait for all of the effects to play out before we can say whether or not it was successful overall. There will likely be periods where it is more successful and less successful initially, it'll take a bit for everything To settle down and paint a picture

[Aristides]

52 minutes ago, CdnFox said:

it will be at least two quarters before we know. The American economy is a super tanker not a speedboat.

You'll have to wait for all of the effects to play out before we can say whether or not it was successful overall. There will likely be periods where it is more successful and less successful initially, it'll take a bit for everything To settle down and paint a picture

It's been almost 5 months since his tariffs started going into effect. I would say we are starting to see the results now.

[LinkSoul60]

8 minutes ago, Aristides said:

It's been almost 5 months since his tariffs started going into effect. I would say we are starting to see the results now.

What a businessman...  Signs of slowing economy and inflation coming and he's still got us, and more extensions to China and Mexico to go.

Apparently this is the 'art of the deal'....

 

[CdnFox]

1 hour ago, Aristides said:

It's been almost 5 months since his tariffs started going into effect. I would say we are starting to see the results now.

Well then you would be wrong.

First off it's been less than 5 months since his first tariff.  And it takes about 6 months for the effects to even start to show, 

Second those tarrifs mostly applied to canada and the 'larger' more widespread tariffs wouldn't come till later in June and July. 

Third it will take between 6 months and a year AT LEAST to even begin to see industry begin to actually move production or set up new shops and the like which is supposedly the point to this. So we haven't even seen the negative impacts of the tariffs yet. we absolutely have not seen any positive stuff yet and won't for a while. 

Like I said, super tanker not a speedboat. Even changes in interest rate require at least 6 months to filter through the economy, you can't possibly believe that the effect of tariffs would be completed in just a couple months

If we are lucky we may begin to see what direction this is going in by Christmas but even then the full effect will be a long time coming after that.

The challenge is that's part of the problem. If we get to Christmas and this is going badly and the world is about to go into recession, it is way too late for any changes that you could possibly make to save that off because by the time they take effect you're already into the worst in it. Economies just don't change overnight.

All we could say is so far the American economy and the Canadian economy seemed a little more resilient than people were afraid they were going to be, we will see if that continues

[Boges]

16 hours ago, paxamericana said:

To be frank not good, we've just been printing cash because we're the world currency reserve which makes it quite literally a Trump Card. (I'm not endorsing it) 

But historically to get out of the Great Depression that is what America did, spur government spending and boost capital investment for economic activity related to War production. This lead to a unprecedented growth during the baby boom years and subsequent Economic powerhouse that has been the hall mark of America.

Hold up. Isn't the influx of capital during COVID seen a problem that made Biden extraordinarily popular? 

[paxamericana]

26 minutes ago, Boges said:

Hold up. Isn't the influx of capital during COVID seen a problem that made Biden extraordinarily popular? 

no, it made the subsequent 2 years inflationary. Biden lost on the economy.

[CdnFox]

1 hour ago, paxamericana said:

no, it made the subsequent 2 years inflationary. Biden lost on the economy.

While i often disagree with you, this statement is entirely correct. 

Biden's wild overspending without a doubt pushed inflation through the roof and created a false economy that looked good on paper but was a disaster for the average person, and the polls pretty much unanimously showed people gave biden a serious failing grade for his economy. 

You can fake all the numbers you want, but at the end of the day people know if they can't afford food and housing the way they used to.