Tariffs

 

 

Written Aug. 28 11:59 pm EST

   As we examine the affects of tariffs on the American consumer and the trade deficit, a new picture has emerged over the last 4 months. So what has changed? Because of the tariffs, skillfully negotiated by the present administration, we now have a trade surplus. The economy is about to shed a 1.4 trillion dollar trade imbalance per year drain on the US economy and the deals are not done especially with India, who is afraid to answer the phone when Trump calls. Modi is right, if Trump talks, it is always from an advantage. We have seen nations and corporations absorb many of costs related to the import tariffs in order to maintain market share, but some costs have been passed to the consumer. Yes some costs have risen at the wholesale level and your economic models may show inflation due to a middleman seeking a profit, but after near thirty percentage over the last 4 years to less than 3% is a vast improvement and there is a factor not considered.

   Overall spending for the general consumer will not rise, as disposable income continues to get squeezed. The consumer will simply buy less or look for alternatives. There will be little affect on household budgets when, they do not increase spending. This is your disconnect. You have found, that it was the Wall Street traders, which caused the volatility in the markets, greed. Because uncertainty opens the door to exploit the general policy of hold for the American consumer for profits. They are financial leeches offering no value. This was the cause of the radical swings in the market, as they preyed upon fear in the market forcing pre-mature selling. The media increased instability with their narratives, which discounted a tariff policy, that changes on a dime, as negotiations progress.

   But the media and some politicians are clueless or ignorant as to the process. Most of you need not comment or present polls from the general public which mimics the rhetoric of a poisoned media pushing the new world agenda. All consumer accounts that held, did not suffer losses, as predicted, but actually gained. There is always uncertainty in the market and the Federal Reserve controlling interest rate has a far greater affect on the market, than leveling the playing field for world trade. Finally a Federal Reserve Governor was fired with cause, if you commit fraud to lower your interest rates on investments homes, you are a thief in the financial system. Now we should trust you to guide the nation’s monetary policy? Lets move on from the bitch trying to sue.

   The new MS (mostly sh.t) as quoted over a 2 weeks ago needs to approach the nation’s tariff position as news, not commentary by those who do not know our future. Rachel, you have a right to have an opinion, no where have you been given the right to dictate and sway the minds of the general public on issues they do not understand. If Harris was in power and Blinken still Secretary of State, there would have been no negotiations to reduce the trade deficit. If there was, they do not have the skill sets to come out on top. 1.4 trillion dollars every year would bleed out and there would still be inflation and gasoline over 4 dollars. Rents would be out of control, as illegals continue to flood our cities, hospitals, roads and schools by 8 million a year. NATO would be still paying under 2% and Ukraine would be still getting over 200 billion a year in support and losing the war. These are facts. Rachel you may have some complaints, that have not been addressed, but you are wrong about the economy and tariffs. Change the narrative and report what is true, the loss of souls due hate and polarization will not be tolerated any more. Why don’t you sit back, have a glass of wine and watch your show. It will open your eyes. There are no experts, just guesses and opinions and mistakes need only to happen once. Lets not have this conversion again. Oh, Lawrence tread lightly.

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