🌎 Discussion: The Economy, Fiscal Cliff, National Debt, And Other Financial Issues IV

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[Hobgoblin]

I actually just saw a commercial for cars that said to buy now before tariffs kick in. Business are actually saying to us that tariffs hurt.

 

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I actually just saw a commercial for cars that said to buy now before tariffs kick in. Business are actually saying to us that tariffs hurt.

Because it's true, even if they are trying to use the situation for their own ends.

 

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People barely have enough money for regular food, never mind extras.

 

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Mattel Laying Off 120 Workers As Part Of Cost-Cutting Push As Toymaker Also Reckons With Tariffs

Mattel, the toymaker known for Barbie and Hot Wheels, plans to lay off 200 workers as toymakers face looming disruption from U.S.-imposed tariffs.

deadline.com

 

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[Babillygunn]

Trump is calling on the Fed to drop interest rates. It’s been nearly 30 years since I was in business school taking macroeconomics, but wouldn’t a drop in interest rates result in an increase in the nation’s money supply, which would drive up prices and inflation even further?

 

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Everything is Biden's fault.

 

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Everything is Biden's fault.

Unless Trump somehow manages to turn the economy around. Then he'll be hailed as a hero by Fox News and NewsMax.

 

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