"The Enduring Injustices of a Tiered Legal System-unlike the version portrayed by U.S. President-Elect Donald J. Trump and his MAGA movement, who, while loudly decrying its existence, have consistently manipulated and profited from the same systemic inequalities they claim to condemn." By Mr. Adrian Praljak, Australian and Global Lawyer and Attorney -At- Law
That’s just not true, companies can choose to do what they want but the free market decides what people will be willing to buy. If an item is cheaper from a competitor, then people will buy from the competitor.
@@JoseMurillo-tn8gk you are correct “they choose not to lower prices”. No where did I say they aren’t allowed to put the prices they want. However, many of these same companies also get subsidies that we taxpayers pay for
@@dpharr100 Did you not hear of retaliatory tariffs? 🤦 US farmers sure did in Trump’s first term. Bailout of $60+ BILLION & counting, at least to those who could keep their farms. ETA: Fact that you use ‘weapon’ re: tariffs says much. Use a weapon & expect same reaction in return. Tariffs should be a bargaining chip in negotiations or to protect against predatory practices. Using them willy-nilly implies weakness.
@KnowledgeNerd123 That tired mantra is so 19th/20th century 🙄 Unlike in past: - overseas shipping faster, streamlined & not as risky, - overseas communications is now instant, - takes years & millions (if not billions) for some industries to set up shop in new location. But do keeping dreaming & buying ‘easy fix’. And tax laws! Forgot abt favourable tax laws for US companies w/ overseas subsidiaries.
@@dpharr100 inflation was 3.6% cumulative in the last three years Obama’s administration. In the first three years of Trump administration it was 6.3%. Inflation began with Trump.
@@karlstrance7816 Even if you give them time, prices of those goods will go up because labour abroad is cheaper than in America. They will also need to pay for the entire infrastructure, building, rent, hiring people etc. All of the cost is passed down and recouped through higher prices. His policies WILL make you poorer and worse off than today.
For some unfathomable reason, voters who have been trained to distrust experts, politicians, and government chose the lesser candidate because he makes undeliverable promises.
Joe destroyed border security his first 60 days with 2 executive orders. Doubled grocery prices in 18 months. And started a needless war by insisting Ukraine join NATO. Did you like all those things?
Yeah- let’s replace DEI with nepotism and pay for play. BTW we were at war the entire trump term. $300 million a day spent in Afghanistan, not to mention the lives.
Trump supporters will have a rude awakening when they realize Trump can’t do everything. But what am I kidding, they will still follow him no matter what. Everything is someone else’s fault.
When their lives get worse, they'll blame the libs, democrats, Biden, Obama, Kamala, Hillary's emails, Hunter's lapdog, but they'll still praise trump. It's a cult.
Projecting what others will or won't do is why your opinions are worthless. I mean, democrats have been wrong about everything for decades, but that's fine?
10% across-the-board tariffs, and deporting cheap labor will increase consumer prices. How did anyone vote for an idiot whose plan will cause even more inflation is crazy.
Because most Americans are too simple minded to understand economics. Take the Black and Latino men who voted for him, they think like Neanderthals. They couldn’t realize that the Trump years were fueled by Obama’s 8 years of proper management. At the same time, those Neanderthals forgot that Trump destroyed the market due to his dereliction of COVID and policies.
Women who take their finances seriously aren't just changing their lives-they're setting an example for generations to come!💪💸I am incredibly grateful that I began investing. After facing so many challenges, I now own a new house and receive $155,000 each month. God has stayed true to His promises, and my family is happy once again. Everything is finally coming together. God bless America! 🇺🇸
Cumulative inflation during the last three years of Obama’s administration was 3.6%. In the first three years of Trump’s administration it was 6.3%. Inflation began with Trump.
@@roo_stonks Surely? Google Walmart & Lowe’s -- they reported earnings last week & released some anticipatory comments re: effects of potential tariffs.
Can the President Alone maybe, Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
Donny will make inflation increase a) tariffs will increase prices b) immigration sweeps will increase prices due to shortages c) tax cuts will increase inflation
Unless we have price caps, we're not getting lower prices back. They know people will pay so they're not going to voluntarily not take in the same amount out of the goodness of their hearts or something
@@BigBadJerryRogers Yes 👍 Prices, especially necessities like groceries, rarely go down outside of recession, etc. I’m surprised anew that prolific American consumers don’t know this basic fact of life.
@@technicolorsoultheory3924 yup this. Financial literacy is in the toilet for most Americans. It's why Trump was able to tell them tarriffs will decrease prices. It's one of the most basic things you learn in an economics course.
@@bltsandwich567then why was Harris advocating for price controls and increased taxes/regulation. If you studied economics you would know that both Harris and Trump are a mixed bag when it comes to optimal economic policy.
@@Argonhubert she was advocating for the 1% to pay more, and that was the try to make up for the deficit Trump ran in his term. Ending tax cuts would not lead to more inflation since trickle down economics doesn't work. Companies are shown to do mainly stock buy backs when given tax breaks. Ending tax cuts is often deflationary since you reduce consumers buying power and the overall demand for goods. Most economist viewed Harris's plan has good, and would continue to help decrease inflation. Trump's economic plan was universal viewed has bad by economist because it would lead to more inflation. Comparing the 2 by calling them both a mixed bag is crazy.
Increasing TARIFFS on CHINESE products will contribute to higher INFLATION. Even if products are entirely made in the USA, it will not necessarily LOWER their PRICES. The USA and CHINA should strive to balance TRADE through constructive DIALOGUE.
The history of Republican Presidents presiding over stock market crashes, e.g. Hoover 1929, Nixon 1973, Reagan 1987, Bush Sr.1990, Bush Jr. 2008, Trump 2020.
the problem is not inflation, per se. western economists all agree, a little inflation (around 2 or 3%) is a good thing, as it provides enough of a buffer to prevent a deflationary spiral; because deflation is much, much harder to recover from. the main problem is that people's incomes have not kept pace with rising inflation, over many years… while America's billionaire class, the top one percent, own and hoard much of America's wealth. And Donald Trump's odious regime will make the grasping super-rich oligarchs/plutocrats even richer, while lower-income Americans will suffer a most cruel austerity. If you're not a billionaire, and you voted for Donald Trump, then you voted against your own best interests. Now get ready for the find out part of FAFO.
For the most part this is true but if you look at the data on Trump's first term he actually was closing the wealth gap b/w the rich and working class. Also, and this is extremely important to understand, there's little to no barriers for someone to move from the bottom 1% to the top 10% other than the ones that are self imposed...
@@Chad_Maxthe data states between 2019 and 2022, so does Biden get credit for shrinking the wealth gap? Also there’s a pre pandemic and post pandemic world. Lastly most of the gains from Trump tax cut went to the wealthy in the form of stock buyback which just boosted the top 1% asset, it did nothing to reduce the wealth gap. The blimp only existed because the market went down temporarily due to Covid. Lastly you just made up the stats for the bottom 1% moving to the top 10% with virtually no barrier. There’s plenty of barriers from the start, spawn point and socioeconomic conditions play a huge factor in moving from one strata to the other. You’re peddling so much pseudoscience it’s insane. If a recession happens under trump you going to blame Biden?
@@Chad_MaxTrump policies actually help widen the gap between the rich and the poor. It's facts. The Stock Market hit record highs almost every other month until the Pandemic. Everybody knows wealthier people invest in the Stock Market while the poor lives paycheck to paycheck.
@@Chad_Max Here's another bit of history you may consider. Sine the 1930s the US economy under Democratic administrations has outperformed the economy under Republican administrations by almost two to one. Every. F-ing. Time.
@@alexmiret5227that's a myth based on the false notion that consumers will cease purchasing in anticipation of lower prices in the future. This has been disproven repeatedly in the technology sector.
Reading the comments from Trump supporters truly brings it home to me what the problem is for America. America isn’t going to slide from economic primacy because of political will, it will slide from it’s position as the strongest economy because a narrow majority of Americans absolutely can’t understand a solitary thing about economics. Nothing at all. Truly not one thing. They understand only that someone quite charismatic and shouty has convinced them to believe a story - based on absolutely nothing.
So if they raise prices (tariffs) so that they are more expensive then US goods, then US manufactures will then raise their prices to match. In summary, you all get to pay more, LOL.
People don’t realize that covid buying habits people developed is the reason why we had aggressive inflation for 1-2 years. Everyone was okay and willing to overpay, horde, and get things quicker. All inflation after that was about business only catering to those people.
During Donald Trump's presidency, the inflation rate rose 7.75%. 4 of the top 5 states with the highest inflation rate? The Republican-led states of Florida, Tennessee, South Carolina, and Alabama.
7.75% over 4 years is pretty good. The average YOY inflation of Trump was under 2% , Biden’s was 5%. It’s easy to throw out a 7.5% inflation and say look at that number that’s really bad until you understand what it means.
Inflation was 1.4% the day Joe took office. Joe had inflation 7.5% for 2 years. During the same time those on Social Security only got a 2.4% cost of living increase. This means my SS got cut by 10% in 2 years of Joe Biden. In a 18 month period grocery prices doubled. People know how to read price tags. And they know when these things happened. I live in East TN. Where in the year 2020 gas was $1.58 a gallon, a dozen eggs was 99 cents, and a pound of ground 80/20 beef was $1.58. You care to know what those items are now?
How much can a President or a presidential candidate do to address inflation? without funding in the budget not much. Trump told Johnson to kill the funding bill. 😢 voters and nonvoters were the losers.
The President doesn't control interest rates. The Fed can influence short-term rates. But the President (& Congress) have a great deal of control over discretionary spending. Meaningful reductions in discretionary spending will absolutely have a positive effect on reducing inflation. One of the reasons the Fed has taken so long to bring inflation to heal is that while the Fed was reducing demand by raising the Fed Funds rate, the administration was stimulating the economy in hopes of influencing the election.
@@lakeguy65616 If you reduce taxes in some sectors, you can have an increase in production and competition with more companies willing to produce due to the prospect of better profits. In the energy sector, it could be a deal between major companies and the governement. We cut the taxes and you cut your overprofit margins
Trump's policies had been viewed by many experts as more positive for various sectors, spurring this massive rally. It's enticing to consider purchasing some stocks despite the ATH, I'm contemplating investing more than $300k. Thoughts?
To maximize this cycle, focus on growth stocks, small caps, and Bitcoin. As someone pointed out too; Working with a financial advisor can save and make you money. For example, my advisor allocated a small part of my portfolio based on Nancy Pelosi’s investments, which is legal. That portion has increased by 71% in six months.
Kimberly Grace Flanagan is the advisr I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
25% tariffs on all goods from Mexico and Canada? stupid and inflationary? or is trump a genius for threatening to upend his own trade agreement before he even gets sworn? or are we trapped watching an old man becoming even more demented
YOU do know we are producing more crude than ever? Not to mention that oil is sold on the world market and does not stay in the US. I imagine we are also probably refining at capacity. More drilling is not going to solve much.
You said the president doesn’t affect inflation and continued by saying this how a president can affect inflation lol and you wonder why no one takes you seriously
Yeah because that's bad PR, but rest assured if he actually does what his concept of a plan entails there will be so much money printing, Powell will run out of printer ink and paper.
Cost of necessity like fuel, household good, and food should come down under Trump. Overall inflation of luxurious good will continue to increase and should be tariffed.
More inflation causes an increase in rates by the Fed which results in a decrease in value of real estate and most assets. Trump is in the real estate business
So he should tell every state you need to cut 2% of your spending and let the State figure out what to cut. Why mention bases, or programs? Let the states figure that out. Still can't find the answer "Where does money from Tariffs go" No one knows, seems to be a money black hole. No transparency at all on Where Tariff money goes.
People dont know what the definition of inflation or economy is. Attach the word "lower" to it in a sentence they think its good and words make it possible to have more money.
Inflation fighting tool- drill and mine for more energy, reduce regulations, remove tariff barriers and reduce the size of government and correspondingly cut taxes on income. Do not cut corporate taxes or do not have a massive budget surplus- just balance it, so the value of the currency won’t go up leading to trade deficits.
Republicans’ big tax challenge is fitting all their priorities in one bill: on.wsj.com/3CDspYE
"The Enduring Injustices of a Tiered Legal System-unlike the version portrayed by U.S. President-Elect Donald J. Trump and his MAGA movement, who, while loudly decrying its existence, have consistently manipulated and profited from the same systemic inequalities they claim to condemn." By Mr. Adrian Praljak, Australian and Global Lawyer and Attorney -At- Law
It's hard work fitting all your tax cuts for billionaires into one bill.
HE IS ALREADY MAKING IT WORSE LOL
Companies rarely lower prices after they go up. No matter the supply.
When foreign made goods go up in price, American made goods also go up in price.
That’s just not true, companies can choose to do what they want but the free market decides what people will be willing to buy. If an item is cheaper from a competitor, then people will buy from the competitor.
@@JoseMurillo-tn8gk you are correct “they choose not to lower prices”. No where did I say they aren’t allowed to put the prices they want. However, many of these same companies also get subsidies that we taxpayers pay for
@@junior1497 Depends on which markets, but most of the time prices are decided on how the consumer makes decisions.
The price is how much people are willing to pay.
Customers pay for the tariffs, not companies or states. I guess the American voter will learn this the hard way.
The threat of tariffs can be used as a weapon
Were you not alive during the last Trump administration
@@dpharr100 Did you not hear of retaliatory tariffs? 🤦
US farmers sure did in Trump’s first term. Bailout of $60+ BILLION & counting, at least to those who could keep their farms.
ETA: Fact that you use ‘weapon’ re: tariffs says much. Use a weapon & expect same reaction in return. Tariffs should be a bargaining chip in negotiations or to protect against predatory practices. Using them willy-nilly implies weakness.
Tariffs encourage domestic production and consumption
@KnowledgeNerd123 That tired mantra is so 19th/20th century 🙄
Unlike in past:
- overseas shipping faster, streamlined & not as risky,
- overseas communications is now instant,
- takes years & millions (if not billions) for some industries to set up shop in new location.
But do keeping dreaming & buying ‘easy fix’.
And tax laws! Forgot abt favourable tax laws for US companies w/ overseas subsidiaries.
@@dpharr100 inflation was 3.6% cumulative in the last three years Obama’s administration. In the first three years of Trump administration it was 6.3%. Inflation began with Trump.
>I will lower inflation!
>Increases tariffs
Hmmmm
i think scaling tariffs would be much better. it gives the industries time to get jobs back home to the us..
@@karlstrance7816 Even if you give them time, prices of those goods will go up because labour abroad is cheaper than in America. They will also need to pay for the entire infrastructure, building, rent, hiring people etc. All of the cost is passed down and recouped through higher prices. His policies WILL make you poorer and worse off than today.
The comment was too long. Trumpers have 0 attention span. They act like 4th graders, giggling if trump says a curse word😂@@sefyboy7183
@@karlstrance7816trump is way too stupid to do anything right
@@sefyboy7183 We survived 4 years of Bidenomics.
We'll survive 4 years of a president who is pro-America.
For some unfathomable reason, voters who have been trained to distrust experts, politicians, and government chose the lesser candidate because he makes undeliverable promises.
😂😂😂
As usual blame the voters
@@uromvictorof course, who else elects the leaders?
Told idiots what they wanted to hear.
@@uromvictor For some unfathomable reason, incognizants fail to understand that voters are responsible for electoral results.
@@pro-libertatibus Yet... no voter voted for Elon.
Once again he will inherit a strengthening economy and take all the credit for it
Yeah because everyone’s doing so well under Biden
@@levismith7444You can’t rate a presidents lasting economy solely off of their 4 year term….
Yeah billionaires gonna make your eggs cheaper 😂
He isn’t going to do anything. He can’t fix everything and he would not know how! Just a bunch of empty promises. Wait and see.
Joe destroyed border security his first 60 days with 2 executive orders. Doubled grocery prices in 18 months. And started a needless war by insisting Ukraine join NATO. Did you like all those things?
He's going to fix inflation and Canada will pay for it! He's going to fix the budget and Europe will pay for it!
Yeah- let’s replace DEI with nepotism and pay for play. BTW we were at war the entire trump term. $300 million a day spent in Afghanistan, not to mention the lives.
@@Chad_Maxnever got past high school did you. You don't even understand the basics behind inflation and it's causes
OK
So Biden wasn't doing anything either 😂😂😂.
Trump supporters will have a rude awakening when they realize Trump can’t do everything. But what am I kidding, they will still follow him no matter what. Everything is someone else’s fault.
Trump can make them believe anything. So he will just blame someone else.
When their lives get worse, they'll blame the libs, democrats, Biden, Obama, Kamala, Hillary's emails, Hunter's lapdog, but they'll still praise trump. It's a cult.
What did Biden do better?
Projecting what others will or won't do is why your opinions are worthless. I mean, democrats have been wrong about everything for decades, but that's fine?
@@Cantu1489 Pretty much everything.
That’s why trump says I love the uneducated
Morons vote trump 5:55
10% across-the-board tariffs, and deporting cheap labor will increase consumer prices. How did anyone vote for an idiot whose plan will cause even more inflation is crazy.
UA-cam is starting to ban anti-Trump comments now. I just got a warning
Because most Americans are too simple minded to understand economics. Take the Black and Latino men who voted for him, they think like Neanderthals. They couldn’t realize that the Trump years were fueled by Obama’s 8 years of proper management. At the same time, those Neanderthals forgot that Trump destroyed the market due to his dereliction of COVID and policies.
People don't understand economics. It's all voodoo to them. They vote on their feelings because they're too dumb to understand mathematics
Women who take their finances seriously aren't just changing their lives-they're setting an example for generations to come!💪💸I am incredibly grateful that I began investing. After facing so many challenges, I now own a new house and receive $155,000 each month. God has stayed true to His promises, and my family is happy once again. Everything is finally coming together. God bless America! 🇺🇸
How do you make so much in a month?mind sharing?
Thanks to Jennifer Lea Jenson.
Her top notch guidance and expertise on digital market changed the game for me
@@MeeroffMaus How do I get connection to this woman you speak about!!?
Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Trust the King of Bankruptcies. How could it go wrong?
Look at his astrological chart on Astrodienst! No earth in his chat, his feet aren't on the ground!
If you think Republicans care about the common man...think again.
Cumulative inflation during the last three years of Obama’s administration was 3.6%. In the first three years of Trump’s administration it was 6.3%. Inflation began with Trump.
As if the American mind can comprehend this
America, an obese nation, demands cheap food NOW!
We are good addicts! Don’t get in the way of our food addiction!!!
A 60% sales tax (tariff) on most of the things we buy is going to help inflation increase a lot.
Surely this is sarcasm or rage bait.... surely
@@roo_stonks Surely? Google Walmart & Lowe’s -- they reported earnings last week & released some anticipatory comments re: effects of potential tariffs.
@@roo_stonksit’s reality. No sarcasm or rage bait in sight.
Can the President Alone maybe, Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
Can't wait to see consumer prices double this time next year :)
Donny will make inflation increase a) tariffs will increase prices b) immigration sweeps will increase prices due to shortages c) tax cuts will increase inflation
D) all of the above
Corporate Greed is a major cause of Inflation. Look at the Profit Margins of these greedy suppliers.
We make too much
Unless we have price caps, we're not getting lower prices back. They know people will pay so they're not going to voluntarily not take in the same amount out of the goodness of their hearts or something
@@BigBadJerryRogers Yes 👍
Prices, especially necessities like groceries, rarely go down outside of recession, etc. I’m surprised anew that prolific American consumers don’t know this basic fact of life.
Record profits during COVID years when so many consumers were squeezed were definitely interesting 🤔
Cal- Maine Foods is America’s largest egg producer. In 2022 their net income margin was 7.5%. It is currently 16%.
he certainly has control over making inflation much much worse with tariffs, a.k.a. import taxes
NO ONE ever went broke underestimating the intelligence of americans.
I’m starting to think average voters think inflation going down means prices go down. Prices never go down. The rate prices increase goes down.
Exactly but beyond that with Trump’s new much more severe universal tariffs-- we only risk the prices going up with worsening inflation.
@@technicolorsoultheory3924 yup this. Financial literacy is in the toilet for most Americans. It's why Trump was able to tell them tarriffs will decrease prices. It's one of the most basic things you learn in an economics course.
@@bltsandwich567then why was Harris advocating for price controls and increased taxes/regulation. If you studied economics you would know that both Harris and Trump are a mixed bag when it comes to optimal economic policy.
@@Argonhubert not to mention her student loan forgiveness idea which would also cause inflation. lol, but nobody talks about that.
@@Argonhubert she was advocating for the 1% to pay more, and that was the try to make up for the deficit Trump ran in his term. Ending tax cuts would not lead to more inflation since trickle down economics doesn't work. Companies are shown to do mainly stock buy backs when given tax breaks. Ending tax cuts is often deflationary since you reduce consumers buying power and the overall demand for goods. Most economist viewed Harris's plan has good, and would continue to help decrease inflation. Trump's economic plan was universal viewed has bad by economist because it would lead to more inflation. Comparing the 2 by calling them both a mixed bag is crazy.
This moron is going to put the final nail in the coffin of the regular American
Tarrifs are inflation. Get ready to pay more for your coffee
Increasing TARIFFS on CHINESE products will contribute to higher INFLATION. Even if products are entirely made in the USA, it will not necessarily LOWER their PRICES. The USA and CHINA should strive to balance TRADE through constructive DIALOGUE.
Answer: he will increase inflation with universal tariffs and mass deportations
If inflation increases we NOW WE KNOW WHO TO BLAME 😭
China
Trust me, republicans will just blame the federal reserve or the democrats. They always do
He can kill inflation by cutting government spending and sending the economy into a recession
putting rfk in charge of health will also help to remove demand from the market
I lived thru 10 years of inflation in the 70's and what brought inflation to a dead stop: an economic recession.
Trump is not gonna do a dam thing, besides he can't walk and chew gum at the same time
The history of Republican Presidents presiding over stock market crashes, e.g. Hoover 1929, Nixon 1973, Reagan 1987, Bush Sr.1990, Bush Jr. 2008, Trump 2020.
This is not just inflation, companies are price gouging.
As with most everything, Trump has no understanding of economics.
And Harris did? 😂😂😂😂 her campaign is 20 million in debt
@@suntzu94 I don't know where you're getting your numbers. Probably QAnon. Because Harris' campaign has no debt.
trump is the best at bankruptcy
When your a built billionaire of of real estate, then talk.
@@Cantu1489inheriting wealth and committing fraud are not business plans most people can follow.
Funny how I did see these videos by WSJ before the election.
Cal- Maine Foods is America’s largest egg producer. In 2022 their net profit margin was 7.5%. It is currently 16%.
The Fed's goal was 2% inflation. Our inflation over the last 16 months was between 2.3 and 2.5 percent. They were doing pretty good!
the problem is not inflation, per se. western economists all agree, a little inflation (around 2 or 3%) is a good thing, as it provides enough of a buffer to prevent a deflationary spiral; because deflation is much, much harder to recover from. the main problem is that people's incomes have not kept pace with rising inflation, over many years… while America's billionaire class, the top one percent, own and hoard much of America's wealth. And Donald Trump's odious regime will make the grasping super-rich oligarchs/plutocrats even richer, while lower-income Americans will suffer a most cruel austerity. If you're not a billionaire, and you voted for Donald Trump, then you voted against your own best interests. Now get ready for the find out part of FAFO.
For the most part this is true but if you look at the data on Trump's first term he actually was closing the wealth gap b/w the rich and working class. Also, and this is extremely important to understand, there's little to no barriers for someone to move from the bottom 1% to the top 10% other than the ones that are self imposed...
@@Chad_Maxthe data states between 2019 and 2022, so does Biden get credit for shrinking the wealth gap? Also there’s a pre pandemic and post pandemic world. Lastly most of the gains from Trump tax cut went to the wealthy in the form of stock buyback which just boosted the top 1% asset, it did nothing to reduce the wealth gap. The blimp only existed because the market went down temporarily due to Covid.
Lastly you just made up the stats for the bottom 1% moving to the top 10% with virtually no barrier. There’s plenty of barriers from the start, spawn point and socioeconomic conditions play a huge factor in moving from one strata to the other. You’re peddling so much pseudoscience it’s insane. If a recession happens under trump you going to blame Biden?
@@Chad_MaxTrump policies actually help widen the gap between the rich and the poor. It's facts. The Stock Market hit record highs almost every other month until the Pandemic. Everybody knows wealthier people invest in the Stock Market while the poor lives paycheck to paycheck.
@@Chad_Max Here's another bit of history you may consider. Sine the 1930s the US economy under Democratic administrations has outperformed the economy under Republican administrations by almost two to one. Every. F-ing. Time.
buyer's remorse for MAGA voters
bUt wOmEn’S RiGhTs 😂
@@johnbarton4101Imagine thinking women's rights is a joke.
@@phoenix5054 cry louder
Bet you're a very lonely little man aren't you 😅@@johnbarton4101
@@johnbarton4101 its cool, keep saying things like that. maybe andrew tate will give you a little kiss on the cheek for being such a good boy
People in the comments not understanding inflation going down != prices going down. SMH
Did you mean to type something other than “!” before the equal sign?
No inflation going down means the rate of inflation is slowing. Disinflation is when prices go down. Disinflation is worse than inflation.
@@ClackerJack that means "not equal" in most programming languages
@@alexmiret5227that's a myth based on the false notion that consumers will cease purchasing in anticipation of lower prices in the future.
This has been disproven repeatedly in the technology sector.
@@lucassilvas1 thanks
Reading the comments from Trump supporters truly brings it home to me what the problem is for America.
America isn’t going to slide from economic primacy because of political will, it will slide from it’s position as the strongest economy because a narrow majority of Americans absolutely can’t understand a solitary thing about economics. Nothing at all. Truly not one thing.
They understand only that someone quite charismatic and shouty has convinced them to believe a story - based on absolutely nothing.
MAAA
Make America Affordable Again😂
lol!
MAAA! The meatloaf!
So if they raise prices (tariffs) so that they are more expensive then US goods, then US manufactures will then raise their prices to match. In summary, you all get to pay more, LOL.
No one kisses trump azz like the wall street journal
People will get what they voted for
Get ready for hyperinflation
He can’t even control himself, how is he supposed to control anything else?
People don’t realize that covid buying habits people developed is the reason why we had aggressive inflation for 1-2 years. Everyone was okay and willing to overpay, horde, and get things quicker. All inflation after that was about business only catering to those people.
This comment explains that you have zero understanding of what inflation is.
@ lololol you doubt consumer spending habits have on inflation?
fMAGA FDJT
Get out of your echo chamber
@ sure 👍
This could have been useful before the election 😂
During Donald Trump's presidency, the inflation rate rose 7.75%. 4 of the top 5 states with the highest inflation rate? The Republican-led states of Florida, Tennessee, South Carolina, and Alabama.
A 7.75% increase on a 2% inflation rate gives an inflation rate of 2,155%.
7.75% over 4 years is pretty good. The average YOY inflation of Trump was under 2% , Biden’s was 5%. It’s easy to throw out a 7.5% inflation and say look at that number that’s really bad until you understand what it means.
Inflation was 1.4% the day Joe took office. Joe had inflation 7.5% for 2 years. During the same time those on Social Security only got a 2.4% cost of living increase. This means my SS got cut by 10% in 2 years of Joe Biden. In a 18 month period grocery prices doubled. People know how to read price tags. And they know when these things happened. I live in East TN. Where in the year 2020 gas was $1.58 a gallon, a dozen eggs was 99 cents, and a pound of ground 80/20 beef was $1.58. You care to know what those items are now?
@@philip2205you mean 2.15%. You can thank Obama for setting the table for that.
It’d be nice if the pro economy party were actually experts on economy but I guess that’s asking for too much
How much can a President or a presidential candidate do to address inflation? without funding in the budget not much. Trump told Johnson to kill the funding bill. 😢 voters and nonvoters were the losers.
Zero control
At least he is going to make some real changes
Thew sheep are all saying... Make America Affordable Again... MAAAaaaaa
The President doesn't control interest rates. The Fed can influence short-term rates. But the President (& Congress) have a great deal of control over discretionary spending. Meaningful reductions in discretionary spending will absolutely have a positive effect on reducing inflation. One of the reasons the Fed has taken so long to bring inflation to heal is that while the Fed was reducing demand by raising the Fed Funds rate, the administration was stimulating the economy in hopes of influencing the election.
trump will cut taxes
@@rayanbas405 how will cutting taxes reduce the inflation rate? (answer: it won't. Cutting taxes will stimulate demand)
@@lakeguy65616 Not always. Companies can reduce prices to gain market shares
@@rayanbas405 how do equate the government reducing the tax rates with companies reducing their prices?
@@lakeguy65616 If you reduce taxes in some sectors, you can have an increase in production and competition with more companies willing to produce due to the prospect of better profits.
In the energy sector, it could be a deal between major companies and the governement. We cut the taxes and you cut your overprofit margins
The mid management of the federal government and reserve is the biggest issue.
Interesting perspective, let's see what unfolds 🧐
Start with the price of eggs. Really gone since Trump was elected.
Inflation .. price increases the consumer takes on their shoulders after those up the financial chain raise prices to make sure THEY don't suffer.
Dont worry woke folks, the drilling will start and once liquid gold is there in abundance, prices across the board will go down
Given enough time, the truth will always present its self.
Trump's policies had been viewed by many experts as more positive for various sectors, spurring this massive rally. It's enticing to consider purchasing some stocks despite the ATH, I'm contemplating investing more than $300k. Thoughts?
Trump’s ‘Intense voter focus on inflation’ did it for me cos he stuck on addressing issues that mattered.
To maximize this cycle, focus on growth stocks, small caps, and Bitcoin. As someone pointed out too; Working with a financial advisor can save and make you money. For example, my advisor allocated a small part of my portfolio based on Nancy Pelosi’s investments, which is legal. That portion has increased by 71% in six months.
Your advisor must be really good. How I can get in touch? It feels like I’m the only one with a poorly performing portfolio.
Kimberly Grace Flanagan is the advisr I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Is still high it need to go down grocery 1:11 gas, food low income and senior needbit
Speak English much?
Hurting people is never in the interest of the law. You decide.
25% tariffs on all goods from Mexico and Canada? stupid and inflationary? or is trump a genius for threatening to upend his own trade agreement before he even gets sworn? or are we trapped watching an old man becoming even more demented
Lol a lot. Deportation is gonna explode prices.
No mention of drilling more oil to lower the cost of energy and thus lower inflation?
YOU do know we are producing more crude than ever? Not to mention that oil is sold on the world market and does not stay in the US. I imagine we are also probably refining at capacity. More drilling is not going to solve much.
Education
Trump always finds a way to resolve issues
Like what ?
@@richardmesser1091lies?
Im waiting for the announcement of the gold muskwagon
He said “make it,” not “institute” or “enforce,” so I suppose that’s a positive sign.
I think more competition to offer goods and lower fuel cost will stimulate the economy. Make it easier to be an entrepreneur in America.
Who is going to compare record corporate profits against inflation numbers?
The domestics will just rain their prices to match!
Can it really be true that economic analysis hasn’t progressed beyond Economics 101.
Realy a big moron ... and you voted for him. Tell's a lot for americans
You said the president doesn’t affect inflation and continued by saying this how a president can affect inflation lol and you wonder why no one takes you seriously
His tariffs will definitely reignite inflation.
He didn't mention money printing once!
Yeah because that's bad PR, but rest assured if he actually does what his concept of a plan entails there will be so much money printing, Powell will run out of printer ink and paper.
Look at what the president of Argentina did
Cost of necessity like fuel, household good, and food should come down under Trump. Overall inflation of luxurious good will continue to increase and should be tariffed.
This is based on …?
Well, last time around it was as low as 1.4% soooooooo?
Absolutely none. The inflation was caused by his last term.
You may believe this was about a presidency... When I promise you it is not.
Of course, Trump's got absolute control of interest rate and inflation. Are you already forgetting that Biden was yelled "FJB" for high inflation?😊
Why would anyone think Trump is concerned about inflation?
More inflation causes an increase in rates by the Fed which results in a decrease in value of real estate and most assets. Trump is in the real estate business
So he should tell every state you need to cut 2% of your spending and let the State figure out what to cut. Why mention bases, or programs? Let the states figure that out. Still can't find the answer "Where does money from Tariffs go" No one knows, seems to be a money black hole. No transparency at all on Where Tariff money goes.
What a stupid question. Trump can't prevent bankrupting every business he's ever owned.
Do one about the missing kids at USA border that way we can blame Trump for it
I already know people will have a spreadsheet of consumer prices before and after trump’s inauguration
He is gonna take inflation to heoghts weve neber seen in the us.
Actually a lot if he imposes 60 percent tariff. Trump may not be able to cut inflation. But Trump can invent hyperinflation with his tariffs
Why not work on Kamala’s plan on reducing costs?
None!
Well I’ll just see how it all works out when he’s office I’m not wasting my data on this
People dont know what the definition of inflation or economy is. Attach the word "lower" to it in a sentence they think its good and words make it possible to have more money.
Take out the FED 😅
Inflation fighting tool- drill and mine for more energy, reduce regulations, remove tariff barriers and reduce the size of government and correspondingly cut taxes on income.
Do not cut corporate taxes or do not have a massive budget surplus- just balance it, so the value of the currency won’t go up leading to trade deficits.