I'm sure it's a reference to Trump's repeated claim lie that gas is at $1.99 in several states.
The spending and investment portion of GDP only grew by 1.4%. The rest of it was skewed by Trump's tariff policies. GDP growth was -0.5% in Q1...
Do you understand it? On the the graph, you see the 2 long gray bars for the last 2 quarters? You notice how they're way longer than any other...
We'd actually have to have good numbers for this to be true. Trade and inventories have scewed the numbers the last 2 quarters. But growth in...
As did we. The overall effective tariff rates were still very low. Now it's gonna be 15% or whatever it ends up at.
Canada had an average effective tariff rate of 1.37% in 2022. The US had an average rate of 1.49%. The EU had an average tariff rate of 1.33%....
And the Medicaid cut thingie that's going to take health insurance away from millions.
Europe and Canada were practicing it and Trump came along and hit them with high tariffs.
Imports increased dramatically in Q1 to get ahead of Trump's tariffs. That increased inventories and suppressed GDP in Q1. Imports decreased...
Q1 GDP growth was artificially low at -0.5% due to Trump's tariffs and Q2 GDP growth was artificially high at 3% due to Trump's tariffs. Average...
Interesting that you didn't answer the question.
To make it at China prices you gotta make it at China wages, so all you have to do is pay workers way less. Problem solved.
This thread has become one of the biggest self-owns in Too Hot history. Watching Bill's evolution on this thread has been a lot of fun.
Thanks Joe Biden.
[IMG]
