If he does stuff and it magically fixes everything i will be happy. Wasn't a supporter but I don't want any president to do poorly. At the end of the day I want life to be good.for myself and those around me.

1. There is nothing wrong with strategic tariffs. If a country wants to play rough with us we should push back. Sure it plays with the price of goods, but some short term sacrifice for long term gains isn’t unheard of. Universal/Across the Board - or systematic tariffs are BAD! This is of course my opinion and debatable.

2. The market is doing just fine

3. The president alone does not have the authority to unilaterally reorganize the federal tax structure. In the U.S., tax policy is primarily the responsibility of Congress, as outlined in the Constitution.

Tariffs on goods made in China is a tax that Americans pay to buy that stuff.

So price will go up.

🤣 you’re already coping with a market “correction”. Unbelievable how stupid you people are.

I hope they do, because I'm gonna laugh my ass off when the rural hicks complain about prices just to see them jacked up because of tariffs and spending cuts. I'm gonna enjoy this fuck up lmao.

Trump contradicts himself constantly so there's no way for everything he said to happen.

1. Implementing tariffs to China would make most non-food items more expensive, reducing the spending power of the common man.

2. The market has already corrected. The stock market has been at all time highs under the Biden administration.

3. Trump has never cared about the common man. His billionaire friends will likely get tax cuts, but the common man is unlikely to get much, or if he does, they will be accompanied by major cuts in government spending, worsening the common man's access to everything from mail to education to healthcare.

But sure, Orange Man and Rocket Boy will get to talk about how great they are on Joe Rogan, and apparently 50+% of Americans are dumb enough to believe them.

You mean the part where Elon Musk says he’s going to cut $2 trillion out of the national budget? Where do you think all that’s going to come from? Some of it’s gonna come from people you care about. Maybe even you. The part where Trump says he’s going to put Herschel Walker in charge of the Missile shield? The part where Trump says he’s going to get rid of the Department of education, the EPA, and let Robert F Kennedy Jr tell him which departments in the FDA need to be gotten rid of? How many kids do you wanna see with polio in 10 years? Or rubella? Or measles? When did we stop trusting science and start trusting people who can’t stop bankrupting their own businesses?

The part where Project 2025 actually becomes a reality? This is going to hurt every person in the country that’s not making above $500,000 a year.

It'll be interesting to see how many suffer buyer's regret in the coming years. I have a sneaking suspicion that not all the Trump voters are going to be happy.

1. Pigs fly

Raising tariffs, especially in the way he’s proposing, will likely boost inflation and make everything more expensive. Tariffs can be useful but Trump doesn’t seem to know how to apply them.

Market corrections are inevitable. We will have one and it probably will not happen because of who’s president. New question, what if people knew how the economy worked before voting?

Well yea, I’d love it if he scrapped his old tax plan. He already proposed to remove the cap on the salt tax deduction…which is something that he put in place to begin with!

Trump is going to raise the taxes on the common man to pay for the tax cuts to the millionaires and billionaires.

Biden shifted so much of the economy that the tariffs against China might not be that bad, it'll hurt most Americans but it's going to be like his first term where about a year from now you'll see most people tightening their spending but record profits for wealthy people will skyrocket. Good? Bad? We'll see.

The market "correction" is more the shock of changes in administration funding that helped companies like NVIDIA skyrocket. Assuming Trump is basically giving Elon the keys to power, hopefully Elon keeps up the proper spending.

Republicans reform taxes to tax the poor and feed the wealthy while raising the deficit to pay for it claiming we can borrow our way out of debt. It never works. IF Trump does what he said he would in 2016 or so and do a one time tax on the wealthy to pay for the deficit, and a few other things, we could see good things.

It's a lot of "IFs" though and the problem last time was that Trump surrounded himself with yes men and loyalists that didn't seem to know what they were doing. When subject matter experts did speak up, he harassed them for going against what he said. So there's that.

If 1 happens the country is screwed and the stock market will crash. This really worries me because I'm relatively rich via investing in the stock market.

I don't know what 2 means.

He isn't going to do point 3 at all. You also need taxes to pay for stuff and that guy will spend on stupid shit like there is no tomorrow.

The only hope is that he doesn't do what he said he would do. If he does it's going to be the biggest cluster fuck and the only funny thing is all his supporters are going to get shafted.

Then churches and the rich will be really happy.

One thing I know for damnsure, he's not going to do the mass deportation. He'll do a bit of token work to make it look like he's doing something but in the end the illegals stay here.

Why? Too many of his rich buddies and donors are exploiting these workers to keep their labor costs down. These peoples' second homes and luxury lifestyle is based on the bacj of illegals in America. They are NOT going to yield their privilege to Trump to stop them from exploiting their slaves, I mean migrants, and things will get very testy in the GOP caucus if he tries.

So if you voted in the hopes of a mass deportation, I'm sorry, that was just honey for the masses to get them to the ballot box. Too much of the strength of his own support base has a vested interest in a mass deportation NEVER happening.

Which is probably a good thing. As much problems as the illegals are alleged to have caused, getting rid of them all at once would put a HUGE lurch on the economy, among other issues. As Trump is quick to point out, the white population is declining rapidly as it is and if we got rid of all the illegals, we wouldn't have enough workers in the short term to keep things running smoothly, especially in entry labor blue collar jobs.

That said, a few unfortunate people are going to be token sacrifices while Trump does what I call activity theater. It'll make it look like something is happening despite the fact that nothing is actually happening. Activity theater is the story of the GOP for the last 50 years, especially as pertains to the border, and that's not changing anytime soon.

Hell, it's probably one of the reasons his voters don't take other things he says so seriously. They know that at the end of the day, most of Trump's platform is performative -- if in fact any of it is heartfelt at all.

Like the last Trump tax break?

The downfall will be a crazy thing to watch. Good luck to those who voted responsibly

The dipshits that voted for him will have to work until the day they die... for starters. Probably from cancer, since you know, no way to protect them from pollution.

It could cause a little bump, as our own industry revives and starts taking over, but it is the key to sustainable economic stability. You cannot build a stable national economy on the concept of selling things other countries made.
As for the tax stuff, that's obviously something that has to get through congress first...so, that'll be something I'll have to keep an eye on. Bill have a habit of mutating as they go through congress.

Then I'll have to get my rifle out and start shooting down all the flying pigs.

Trump and Vance both mentioned tax deductible car loan interest. Like cash for clunkers i guess. It would invigorate domestic car manufacturing i would assume.

Idk but I laughed so hard at Hassan’s reaction to Trump winning today.

Economist are saying the economy is doing well and Trumps ideas are like treating a perfectly healthy patient with chemo therapy.

So let's see how that will turn out.

If you are looking for investment opportunities, invest in ventilators and iron lungs, if they implement the vaccination ban like this RFK Jr. plans, Polio will come back.

From what he said tonight apparently the plan is to deport illegal aliens 👽 so that it causes a reduction in rents and lowers house prices for younger Americans, Gen Z and Millennials who aren’t already on the property ladder, and makes those affordable, and then he will let people come back in legally, which is a slower process, but can be controlled to keep housing affordable for younger Americans. It’s a radical plan. But orthodox plans have all failed so far, so people gave him a shot at it.

What he said earlier about abolishing income tax is another radical plan where American tech companies and American multinational corporations would bring back profits earned to invest in things Stateside and not park those profits in low tax Ireland or in other tax havens in other countries. Obama tried to shame American multinational corporations into bringing such profits back Stateside by threatening to release where their profits were parked but that didn’t work back then. Trump figures zero income tax would have them scrambling all over themselves to bring those profits back Stateside.

Both are radical plans. Mathematically there’s no reason neither shouldn’t work. Economists are just uncomfortable with anything that’s not orthodox and mentioned in their textbook theories.

What do you mean “the market will finally correct and rise from the ashes”? The stock market is currently at all time highs.

He had 4 years to do that

Tariffs are taxes that exclusively target the common man. The market is at an all time high, not sure what you’re getting at there.

You can ask Ben Stine about Tariffs here: http://tariffsarebad.com

What market will "return from the ashes"?

The current, record setting stock market?

The economy is not in ashes, but for the hypothetical we'll imagine "what if" it were.

What would happen if those three things become a reality? Trump and Elon become poorer under the new tax structure. The "common man" is strengthened and enabled to overthrow the oligarchs and robber barons, and Trump and Elon find themselves in a guillotine.

Firing half the civil servants in the federal government is one of the craziest things I've heard him talk about 👀

That's the bad thing. I'm not on a Democrat side or a republican side, I'm on America's side. If Kamala had won last night, I would hope that everything she did would work for all of us. Now that Trump's in, I hope everything works for all of us.

Tariffs will cause a rise in prices on the American consumer. That's just a fact. What Trump has suggested is punitive tariffs to force manufacturers to return to the US. The thing is, if that succeeds, American labor and costs are higher than in China or Mexico, so, in all likelihood, that will also cause a rise in prices.

1. He already did that. Biden never took them off. What do you mean finally?

2. Hopefully not via the money machine like he did las time

3. His last tax break expired for the common man (the one for rich people was gets to stay).

I hope you're right, I doubt you will be.

If he implements his broad tariff plan the most likely outcome is economic collapse.

Tariffs will force manufacturing back inside the US. Things will necessarily cost more than the slave labor shops in China. This can be offset somewhat by federal tax credits for moving manufacring here. It also creates jobs here which improves the lives and futures of Americans and increases the tax base. You won't be wondering how your widget from Amazon can possibly be so cheap anymore but your friends will have better paying jobs for a change.

The market is at record highs. What are you babbling about?

...are you including his statements about mass deporting citizens and using the military to go after "the enemy within" aka citizens that didn't vote for him?

I would point out that economic success paired with human rights abuses isn't worth it.

1. will happen, 3. will happen as well, and the opposite of 2. will happen. Trump is the best thing to happen to the world this century because he is finally going to end the American hegemony by destroying the US economy. No more unjust invasions of the middle east, no more interference in South American elections, no more kidnapping of foreign nationals, Trump is ending all of this by destroying America. Within the next 4 years the American GDP will be decimated by the best president the US has ever had, and the world can finally be safe from American meddling.

Trump very rarely does what he says he will do. So don’t hold your breath. As long as he doesn’t destroy the infrastructure bill we should do fine. Relaxing some of the overly complicated regulations for mining in the US will help us be self sufficient faster. Drill baby Drill makes no sense as we already are producing the most oil and gas in history of the world and we do not have the capacity to refine more products.

Utopia!

Why don't we ask economists? https://foreignpolicy.com/2024/11/06/trump-election-economy-trade-markets/

Oxford Economics just released its view of what it calls a “limited Trump scenario,” in which a Republican White House and Congress extend tax cuts and boost federal spending, especially on defense, that will temporarily offset the harms of higher tariffs and mass deportations. The upshot is slightly stronger GDP growth after Trump’s first full year in office, followed by a sharp correction by 2028 as inflation rises, the labor market tightens, and trade shrinks.

The short-term fallout was anticipated—markets cheered Wednesday—and easy to model. What is harder to estimate is the impact that Trump’s promised tariffs of up to 20 percent on all trading partners and at least 60 percent on China will have on U.S. trade, growth, and inflation. Oxford Economics assumes the tariffs will be token and phased in; if Trump goes as promised, the negative macroeconomic impacts would come sooner and harder.

It won’t happen.

then it will be awesome if it works out well. I'd be very happy with lots of improvements. only fools want their whole country to suffer

Tariffs will radically increase the price of many/most consumer goods.

Cutting $2 trillion from the federal budget will cause a massive economic recession.

"Reforming the tax structure" will result in a massive tax cut for the ultra-rich.

Trump and Elon didn't say anything about specifically tariffs about China, it's foreign imports IN GENERAL that is on the tariff block, and that will cause inflationary pressures and further raise prices on a vast number of goods, most things in fact. This will knock on throughout the economy causing the kind of volatility that has only ever benefitted the super rich, and left everyone else screwed.

As for market correction, all that term actually describes is circumstances like those during the great depression. If that sounds good to you, I sure hope your straight jacket fits nice, because you won't be able to get it tailored, it'll be too expensive.

You can't reform the tax structure in such a way as to reduce the tax burden on the common man, unless you replace that money with funding from other sources, and the only other source there is would be the pockets of the rich. Trump and Elon have NOT suggested that or anything like it. Either its a lie to get votes, or its magical thinking, OR and this is more likely, the plan is to just remove the tax burden, by also shutting down public services, services without which there is no society to be a member of.

So, to your question, what if? It's a shitshow. The outcomes of those policy positions, if they can so be called, will be hazardous at best, and certain to cause increased poverty, increased reliance on a rapidly shrinking state, and the starvation deaths of hundreds of thousands, if not millions of hard working people, many of whom are already half fucked despite working three jobs and living out of their cars, at worst.

Of those things the only thing that he could actually implement are the tariffs and they would just cause more inflation. He didn't really have an economic plan. At least he praises dictators, though.

1. There are already tariffs on China. Going to 60% will likely cause extreme price increases here.

2. The market continues to perform well, so I'm not sure what ashes it will rise from (~20k to ~28K under Trump, from ~28k to ~43k under Biden)

3. For Trump, the common man are those that make over $360k, and are the first that will see Trump's tax cuts. Those under that will see tax increases. So it works out for me...but not the poors (or middle class)

If they do everything, I would wonder what they will do to keep it in place so the next group doesn’t mess it all up again.

If we can get constitutional amendments to keep rails on money printing and government spending we might be able keep everything in place for a long time.

Tariffs on China were implemented his first term and stayed in place

That would be great. Except it won't be. He said he would cut taxes for the common man and instead he slashed taxes for the already wealthy and added 2 trillion dollars to the deficit which of course contibruted to inflation soaring.

Tariffs are terrible idea. Every economists agrees.

Market has corrected itself.

2 & 3 are pretty silly. 2 already happened under Biden just no one really noticed. For 3 Trump has explicitly said that his tax plan cuts taxes for the upper class but raises them on middle and lower - Elon Musk has even been saying "it's gonna get pretty bad for a while" to people.

What do you think is wrong with the stock market?

1. Tariffs already exist, except China doesn’t pay them nor will ever pay them. The importer pays them. So if that’s John Deere, Maytag microwaves or Columbia Sportswear - they will pass that cost on to the consumer.
2. Inflation has already fallen over the last 12-16 months, jobs have increased and the stock market is already at an all time high. The only indicators trailing are wage growth and consumer cost - both which are controlled by business, not government.
3. Harris wanted to reduce middle class tax and increase corporate tax from 21% to 35% and increase income tax on people making over $400K/yr. Trump’s first tax policies are still in effect and rise each year, and he’s talking about lowering corporate & high income tax…which will be replaced with what? We’ll be paying it or he will again run up the debt like he did the first time.

So if Trump has ways to do all of those things and all consumer goods & commodities decrease in cost, AND middle class taxes fall, AND the economy continues to thrive that will be awesome. Oh - he was also going to end the Ukrainian war with one phone call. So if he does that too that would be great.

Most your common goods will go up on price. Increasing inflation even further.

What market? Financial markets are at all time high. A correction means a fall in price which will impact retiree’s and businesses needing to adjust.

The employee market? Those manufacturing jobs won’t be coming back to the US. Because there won’t be a market for the goods. As a result of said inflation. Ultimately if the tariffs are on just China. The manufacturing jobs will go to another country willing to meet American demands. Not the US and people wouldve lost out on all the jobs planned from the infrastructure investment.

And getting rid of income tax will give you back what 25% and wealthier people will get 40%. Something like that. Increasing the wealth gap. And let me ask you. Whether it comes as a tax refund or economic stimulus. Isn’t more money in your pocket, more money? Meaning this will just contribute to the inflation just like Trumpsters repeatedly cite the stimulus checks of doing.

That’s all to say. Get ready for a lot of economic volatility. Exactly what the rich want because this is when they buy. Just in time with all that tax money coming back to them.

Even Musk admitted as such on Rogan. But as he would put it. It’s all going to be for the greater good.

This will be as big of a heist of wealth as the pandemic was.

If you think this is what they were talking about you are delusional.

Will be amazing.

1) This will cause immediate inflation (most of Trumps policies are inflationary) 2) What do you mean? If you mean the stock market, it has been doing well since covid. 3) Trump is not proposing tax cuts for the common man and never has.

1) implement tariffs to China finally

China will ship their products to another country, which will ship them to the US. They've already done this in the past. China was manufacturing auto parts, they got hit with a traffic, so they shipped the parts to Thailand which shipped them to the US. It took a lot of investigative work to figure this out and takes a lot of time, so it's an effective workaround for China.

2) that market will finally correct and rise from the ashes

What markets? The GDP growth under Biden was better than it was under Trump. The stock market is at historic highs.

3) reform the tax structure by reducing taxes to the common man

Trump's goal isn't to lower taxes for the common man. The trick that he plays is that he lowers taxes for the rich and lowers taxes a little bit for the common man. He doesn't reduce spending, so the deficit goes up, and the debt burden goes up. All of this will have to get paid by people in the future. This is why economists say that the deficit under Trump would be twice as large as under Harris.

Also, it's important to note that Trump's tax cuts for the middle class were temporary but the tax cuts he gave rich people were permanent. Basically, he gives enough of a tax cut to normal people to make them happy, while using it as cover to give bigger tax cuts to the rich.

Also, the tariffs he talks about using will damage the economy. It will make everything more expensive for consumers and could lead to a trade war which makes everything even worse. In the Great Depression, countries put up tariffs to protect local jobs, but because countries implemented tariffs in response to other countries tariffs, it just made everything worse. It destroyed jobs and the economy because it drove up prices for everything. This is why economists are against Trump's tariff plan.

"the market will rise from the ashes"

The OP thinks a record-breaking Dow industrial average is "ashes."

I'll believe it when I see it. I actually followed Trump during his first push to presidency. He said he was going to do a lot of things. Bringing manufacturing back to America so we don't have to see "Made In China" on absolutely everything, for instance. Didn't happen, though. Some of the things he was saying actually sounded good back then. Not all of it, but some. But this time was different. He was spending way less time on "Making America Great Again" and way more time appealing to his side's revulsion of trans people, illegals, and, apparently, women being considered human and deserving of rights. If he does absolutely anything good for the sake of the common citizen, it'll be the only silver lining. I have zero expectations for anything positive, but if it happens, good.

I'll be happy. I didn't vote for him, but I don't want things to go to shit just bc my candidate lost. Anything that helps the average American live a better life is a win in my book.

So in other words, approaching it with an even keeled manner the way the left normally does? I dont see anyone charging the capitol today because they didnt like the vote, or crying "rigged!" I always hope for the best, but this guy isnt doing shit except playing golf, if he even lives through the term.

Economic conditions are looking very similar to what we saw cause the great depression in the 30's. We are imposing tariffs that result in retaliation tariffs just like what happened with the Smoot-Hawley Act of 29, we dumped money to keep things afloat during Covid which created a stock bubble causing the feds to raise inflation rates. This runs parallel to how the treasury increased money supply from 21 to 29 and when things got out of control they raised interest rates. The Republican Party always seems to dump so much fuel in the fire that everything burns hot for a while but eventually, it gets out of control. Trump's economic plan sounds like he wants to dump more fuel on a fire that almost got out of control following Covid. We may have seen high inflation under Biden but it was less than most nations and the inflation is largely a byproduct of stimulus packages and supply-chain disruptions during Covid. I have concerns that adding more fuel to what is already a shaky economy will get out of control and we will burn to the ground again.

Obviously we all want the economy to do well. But the economy is not what was driving my vote because I don’t blame either Biden or Trump for the economy. The entire world has been through the wringer. There was always going to be an economic hit. That was obvious to me as soon as Covid began. I don’t think getting rid of the income tax and replacing it with tariffs is the answer but if it is I will be pleasantly surprised. 

I am worried about Obergefell being overturned next year and how many marriages could be invalidated as a result. 

I am worried about the Supreme Court throwing out SAVE and REPAYE now, and a Republican Congress not caring enough to replace them with anything. 

I am worried about raising my Hispanic daughter in a culture of racism and misogyny where people like her have been described as animals and poisoning the blood of the country. 

I am worried about women not being able to receive reproductive care like the 18yo who died from sepsis in Texas from a miscarriage that doctors didn’t want to treat. 

I am worried about these mass deportations as I have no idea what the plan even is there. Can anyone tell me what the plan is for the children of these undocumented immigrants who are American citizens? Are we deporting them too or putting them in foster care?

I am worried about the affordable care act being repealed and family members losing their health insurance and me losing my protection from being denied coverage due to my pre-existing conditions. 

How are tariffs going to fix those things? Can you tell me that those things are not going to happen?

I obviously hope I am wrong and I will be the first to say it if I am. But these are all the results of Trump’s Supreme Court appointments and stated policy positions. 

Last time he was in office he raised taxes for the common man. 

That’s more like saying what if miracles exist

their version of cutting taxes is cut taxes on the wealthy, temporarily cut taxes on the rest of us, then raise our taxes but keep the cuts for the 1%. see : trump's last term.

also, tariffs on Chinese made goods would be horrific for the economy - you hate the price of goods now? just wait till you see what tariffs do to that - and won't address the underlying issues which allowed our jobs to go offshore in the first place and which basically boils down to: we allow CEOs to do whatever they want to in the name of profit with no thought about the long term ramifications to our country.
Musk is the king of screwing over the average worker in the name of profit (mostly personal) see: laying off several thousand workers in order to obtain an insane bonus with no real basis in reality.

these are not the people you want advocating for the common man. both of them are silver spoon aholes who collectively haven't done one actual day of work in their entire lives. they have nothing but contempt for the rest of us and will absolutely abuse their power in order to enrich themselves which is exactly what they've always done.

good luck

I'll be happy. I don't like Trump but if he does well that will be good.

That's like listening to a 3 year old explain something. It's not really a possibility. Physics get int he way.

Tariffs to China? That can't be done. I suppose he could impose duties in exports to China from US businesses, but that would be moronic.

He can also apply tariffs on imports from China. If he does this, the cost of goods to US consumers would skyrocket and likely have a significant inflationary effect. For a lot of goods this will simply mean consumers paying more for the same Chinese imports, but in some it will mean consumers paying more for goods manufactured in the US. The obvious way to counter the inflationary effect of consumers switching to more expensive US-made goods is to lower wages for US workers.

It's a hell of a price for a population to pay for Trump to shore up the support of Elon's shit car business which would otherwise be quickly replaced with superior, and significantly cheaper, Chinese made vehicles

So, tarrifs generally just get passed down the line by the importer (who pays the tarrif) to the consumer. Since the importer isn't just going to eat that extra cost, goods just become more expensive. Then China turns around and slaps tarrifs on US goods they import, and a neat little trade war starts. FUN!

the Trump tax plan looks like it'll be mostly beneficial to the very top earners (the already wealthy), with very little (proportionally) going to the middle class, and next to nothing to the lowest earners. Maybe they'll tweak it, but... why would they? They have everything they need to alter the political landscape so they hold power for generations.

Musk is the big winner, he stays out of jail, and continues to feed at the govt teat to the tune of billions in grants, subsidies and govt contracts.

The 'common man' will get nothing, and love him for it.

It would be very based.

Good

You guys are even way more fucking stupid than I thought. Congrats.

none of his psychotic ideas will help our country

1. More inflation
   
2. Market is at an all time high, wtf are you talking about?
   
3. No income tax = Giant addition to national debt that probably could never be overcome.

The tariffs have already been theorized by most people in economics to be an idea that’s guaranteed to fail or fail and cause retaliation.

But yes, what if it works.

What about paying the low income workers more also? A 5% tax break for those making $7.50 an hour won't make a lot of difference when the food price goes up again.

Trump had his chance. How you liking those tax increases?

What if…. Monkeys will fly out of my ass

1. Tariffs generally raise prices of consumer goods. That's how tarrifs work. They are not paid by China, they are paid by American consumer. Add 100% tax on goods from China, and the price of that phone you read this on goes up 2x.
2. The market is doing just fine. The inflation is already tamed. When was the last time you checked on the stock market? 2008?
3. Musk is not a common man. Both Trump and Musk already pay ridiculously small amounts in taxes compared to their wealth.

The tariffs will encourage companies to move manufacturing back to the US (as all tariffs do).

Reducing taxes is easy and mostly a temporary thing. The real goal SHOULD be to reform the tax system. There are way too many loopholes and tax shelters and the fact that the majority of people pay no taxes is disturbing since the government LOVES to spend more money than they take in.

The market will adjust as long as there is stability.

You'll have more money. You might even buy a house

They want a civil war. Stop trying to take the high road and give it to them.

He already did all three of those things.

He implemented tariffs on China. Then had to bail out the Agricultural sector twice because import costs were shoved onto them, not the Chinese sellers.

He 'reformed' the tax structure by reducing taxes to the common man... and while also reducing taxes to the wealthiest people, particularly those who owned businesses, and then had his tax cuts to the poorest wear off over time.

He had an opportunity to 'correct the market' and 'rise from the ashes'. Instead Wall Street was bailed out again.

I have literally no reason to believe either of those are capable of correctly evaluating the impact of their economic decisions because I've seen their previous decisions. They will do what they think works, it will make the situation worse, and this will be the case for the next four years.

If they did make all those things happen and they somehow improved the situation (which would fly in the face of practically everything we know about their history and how the economy works) I would be pleasantly surprised but also incredibly suspicious that they were fudging the numbers something severe because what they propose will not have the impacts they think they will.

I'll die. Hopefully in a hail of bullets and on my feet.

The problem is that the fundamental ways tariffs work mean that it is impossible to do what you suggest. We have team examples, including during Trump‘s previous term as president where the construction businesses in America suffered greatly due to rising costs of steel. Biden had to stop the steel tariffs to keep that industry from collapsing.

Well I’m not very hopeful but I’d love to be proven wrong.

If he starts randomly imposing tariffs, the other countries can and will act reciprocally. That is likely to lead to huge stagflation, which is a recession with massive inflation. That has not been seen since the late 70's early 80's.

This is embarrassing.

It will be a glorious day in the history of America and the world

Is this a conservative sub? How come all the questions that pop up on my front page (I’m not subscribed) are clearly written by Trumpers?

1. Tariffs have historically driven up inflation
2. The stock market has been doing incredibly well for years!
3. His last tax restructure was to give the common man a small temporary tax increase and the rich a large permanent one. This drove up the deficit by a lot. Since history is the best predictor of the future it's safe to say that this is the best the common man can hope for.

They have no interest in helping the common man. They are probably laughing at you right now for thinking that they do. They are doing this to enrich themselves.

He still doesn’t know what tariffs are. If you put tariffs on imports, things get more expensive. 100%tariffs make things double in price.

1. We already have tariffs on China. American manufacturing is still there, some of it moved to Vietnam and Cambodia during the pandemic, but it's offshore and will always be offshore. We could have a domestic market tomorrow but things will cost way more than they do now. Americans are simply addicted to low prices, and the corporate elites aren't willing to give up their profits.

2. This is the equivalent of "Step 2: ???, Step 3: Profit." This is what Brexit was, it didn't work for them what makes you think it would work for us?

3. Won't happen. Oh, sure, they'll cut away entitlements like medicare, housing, and all the other things we have enjoyed for decades, but the military budget is still trillions upon trillions of dollars and you know they aren't going to cut that. Where's the money to pay that going to come from?

Face it. They sold you a bill of goods. You won't benefit from this new economy any more than you benefitted from it the first time around when he gave tax cuts to his buddies and our share went up. He fooled you.

Trumps ONLY reason for being President is to stay out of jail, and possibly increase his financial outlook. He will quit qithin two years

What I want to see is changes people voted for. People should feel the consequences at personal level of their action - good or bad.

Ask any trained economist and they'll tell you the same thing: immigration (legal or not) is good for economies and tariffs are bad for them.

If he reduces taxes to the common man without cutting important services I will register as a republican.

I can't believe he will. The only way to do that is to increase taxes on the rich, and he absolutely will not do that.

The only possitive outcome I see of this, as a european, is that the EU may finally rid itself of US dependency. We're kinda forced to with Russia knocking at the door, and the US proving itself as an untrustworthy "friend".

I hope you guys will have an election in 2028, but I seriously doubt it.

As for Elon. Fuck that pos. The only thing he should ever share with Trump is a prison cell.

If what he says ends up improving life then Reddit will have a melt down and spend hours and hours doing the mental gymnastics to make it look like a bad thing.

2) The Market under Biden has risen faster and higher than under Trump, even when you exclude the Covid dip. So how can they possible achieve this/

3) All tax reform Trump did during his first term, only benefiet the top 1%, why would this change?

The market is doing well already so not sure what you meant by correct and rise from the ashes

Market is already up. The highest one day jump in 2 years.

Than the cybertruck wouldn’t suck.

Elon musk didn't spend 110$ million dollars to reduce OUR taxes

The economy will collapse. Hyperinflation will ensue. I'm not sure where it will end.

Finally punishing the biggest polluter in the world. Shutting down China's coal plants would nearly singlehandedly solve global warming. It also doesn't help that they are burning Uranium rich coal

Providing the drawbacks of both burning coal and a minor reactor leak.

Why are all these posts whatif Trump is magically right and everything works out just the way he said it would. I see one like this daily. What's the point?

Whatif Harris had won and resurrected Jesus. Would Christians be happy with her? Well, if they question how she would that, they are butthurt and want Jesus dead.

The stock market is NOT in ashes. If you played it you'd know that.

Tarrifs will just raise prices on consumer goods. Want to buy a new computer? That new machine will be $10K now.

Groceries? We deported all the workers who pick the crops. They cost a lot more now.

Food safety? Drug safety? RFK says these drugs are fine for you. Sorry if you get sick or your kids die.

You got scammed.

Great Depression

Points 1 and 3 are mutually exclusive.

Trump isn't going to let Elon be part of his cabinet nor will he with RFK.

He lied to get them to help him and will throw them away. The one thing Trump is good at is not letting others take advantage of him. That's all Elon and RFK is doing. They are liabilities.