Trump’s Promise to ‘Defeat Inflation’ Is Actually Harder Than It Sounds | WSJ

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  • Опубліковано 29 лис 2024

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  • @wsj
    @wsj  4 дні тому +11

    Republicans’ big tax challenge is fitting all their priorities in one bill: on.wsj.com/3CDspYE

    • @AdrianPraljak
      @AdrianPraljak 4 дні тому +3

      "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

    • @stop_lying_to_me
      @stop_lying_to_me 4 дні тому +3

      It's hard work fitting all your tax cuts for billionaires into one bill.

    • @bobshagit
      @bobshagit 4 дні тому +2

      HE IS ALREADY MAKING IT WORSE LOL

  • @junior1497
    @junior1497 4 дні тому +365

    Companies rarely lower prices after they go up. No matter the supply.

    • @howardvenze9956
      @howardvenze9956 4 дні тому +31

      When foreign made goods go up in price, American made goods also go up in price.

    • @JoseMurillo-tn8gk
      @JoseMurillo-tn8gk 4 дні тому +7

      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.

    • @junior1497
      @junior1497 4 дні тому +13

      @@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

    • @JoseMurillo-tn8gk
      @JoseMurillo-tn8gk 4 дні тому +2

      @@junior1497 Depends on which markets, but most of the time prices are decided on how the consumer makes decisions.

    • @colossalberger3451
      @colossalberger3451 4 дні тому +1

      The price is how much people are willing to pay.

  • @sapphyrus
    @sapphyrus 4 дні тому +328

    Customers pay for the tariffs, not companies or states. I guess the American voter will learn this the hard way.

    • @dpharr100
      @dpharr100 4 дні тому +14

      The threat of tariffs can be used as a weapon
      Were you not alive during the last Trump administration

    • @GlobalCitizen_y2k
      @GlobalCitizen_y2k 4 дні тому +64

      ​@@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
      @KnowledgeNerd123 4 дні тому +7

      Tariffs encourage domestic production and consumption

    • @GlobalCitizen_y2k
      @GlobalCitizen_y2k 4 дні тому +17

      @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.

    • @steveb796
      @steveb796 4 дні тому +25

      @@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.

  • @michaelhutchings6602
    @michaelhutchings6602 4 дні тому +510

    >I will lower inflation!
    >Increases tariffs
    Hmmmm

    • @karlstrance7816
      @karlstrance7816 4 дні тому +9

      i think scaling tariffs would be much better. it gives the industries time to get jobs back home to the us..

    • @sefyboy7183
      @sefyboy7183 4 дні тому +91

      @@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.

    • @StephenSankojr
      @StephenSankojr 4 дні тому

      The comment was too long. Trumpers have 0 attention span. They act like 4th graders, giggling if trump says a curse word😂​@@sefyboy7183

    • @HVACMAN-c7v
      @HVACMAN-c7v 4 дні тому +42

      @@karlstrance7816trump is way too stupid to do anything right

    • @cbinaiea
      @cbinaiea 4 дні тому

      ​@@sefyboy7183 We survived 4 years of Bidenomics.
      We'll survive 4 years of a president who is pro-America.

  • @pro-libertatibus
    @pro-libertatibus 4 дні тому +170

    For some unfathomable reason, voters who have been trained to distrust experts, politicians, and government chose the lesser candidate because he makes undeliverable promises.

    • @uromvictor
      @uromvictor 4 дні тому +13

      😂😂😂
      As usual blame the voters

    • @henrytep8884
      @henrytep8884 4 дні тому +43

      @@uromvictorof course, who else elects the leaders?

    • @cuddlepoo11
      @cuddlepoo11 4 дні тому +25

      Told idiots what they wanted to hear.

    • @pro-libertatibus
      @pro-libertatibus 4 дні тому +9

      @@uromvictor For some unfathomable reason, incognizants fail to understand that voters are responsible for electoral results.

    • @AlphaGeekgirl
      @AlphaGeekgirl 4 дні тому

      @@pro-libertatibus Yet... no voter voted for Elon.

  • @vickietaylor2850
    @vickietaylor2850 4 дні тому +257

    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.

    • @korbindallas4552
      @korbindallas4552 4 дні тому

      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!

    • @steveb796
      @steveb796 4 дні тому

      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.

    • @GotKimchi
      @GotKimchi 4 дні тому +8

      ​@@Chad_Maxnever got past high school did you. You don't even understand the basics behind inflation and it's causes

    • @uromvictor
      @uromvictor 4 дні тому +5

      OK
      So Biden wasn't doing anything either 😂😂😂.

    • @TheBestTru
      @TheBestTru 4 дні тому +7

      Still better than Biden n Harris

  • @technicolorsoultheory3924
    @technicolorsoultheory3924 4 дні тому +32

    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.

    • @lisaanderson5612
      @lisaanderson5612 4 дні тому +2

      Exactly but beyond that with Trump’s new much more severe universal tariffs-- we only risk the prices going up with worsening inflation.

    • @bltsandwich567
      @bltsandwich567 4 дні тому +3

      @@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.

    • @Argonhubert
      @Argonhubert 4 дні тому +1

      @@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.

    • @DarkArcticTV
      @DarkArcticTV 4 дні тому

      @@Argonhubert not to mention her student loan forgiveness idea which would also cause inflation. lol, but nobody talks about that.

    • @bltsandwich567
      @bltsandwich567 4 дні тому +3

      @@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.

  • @theGiantrider
    @theGiantrider 4 дні тому +84

    Yeah billionaires gonna make your eggs cheaper 😂

    • @Brianuwu622
      @Brianuwu622 3 дні тому

      billionaires know how to run businesses and make money, unlike comrade kamala that lost a billion in 3 months

    • @teemoammo
      @teemoammo 2 дні тому

      You don't have faith in THE PRESIDENT? He can literally control the weather, inflation is childplay to him

  • @bltsandwich567
    @bltsandwich567 4 дні тому +107

    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.

    • @kmo20794
      @kmo20794 4 дні тому

      UA-cam is starting to ban anti-Trump comments now. I just got a warning

    • @justtracy5062
      @justtracy5062 4 дні тому

      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.

    • @joeweaver9913
      @joeweaver9913 4 дні тому

      People don't understand economics. It's all voodoo to them. They vote on their feelings because they're too dumb to understand mathematics

    • @hydrocarbon82
      @hydrocarbon82 3 дні тому +3

      "I thought he'd give us cheaper guzzoline" -MAGAts in 2024

  • @shack2800
    @shack2800 4 дні тому +96

    Once again he will inherit a strengthening economy and take all the credit for it

    • @levismith7444
      @levismith7444 4 дні тому +6

      Yeah because everyone’s doing so well under Biden

    • @NowayTino
      @NowayTino 3 дні тому +11

      @@levismith7444You can’t rate a presidents lasting economy solely off of their 4 year term….

    • @DS-gt1ft
      @DS-gt1ft 3 дні тому +12

      @@levismith7444 YES they ARE! Virtually EVERY measure of the economy is doing exceedingly well. Open your eyes and look at it.

    • @therealjjwatt
      @therealjjwatt 3 дні тому

      didnt know bidens horrible economy was great

    • @therealjjwatt
      @therealjjwatt 3 дні тому

      @@DS-gt1ft ah yes because stuff like food, rent and gas is so low compared to 4 years ago, no it isnt

  • @steveb796
    @steveb796 4 дні тому +55

    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.

  • @stevegrimes5105
    @stevegrimes5105 4 дні тому +24

    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

    • @joakos1122
      @joakos1122 4 дні тому +7

      D) all of the above

    • @tomconte2847
      @tomconte2847 3 дні тому

      People seem to have forget that the worth of the Dollar is based on the reliability of the country. What message electing a fraudster who believes not paying his debt the rest of the world will get? Who will lend the US money when there's a good chance of never being paid back?

  • @BasilFanatic
    @BasilFanatic 4 дні тому +86

    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.

    • @JosedeJezeus
      @JosedeJezeus 4 дні тому

      Trump can make them believe anything. So he will just blame someone else.

    • @krnpowr
      @krnpowr 4 дні тому

      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.

    • @Cantu1489
      @Cantu1489 4 дні тому +2

      What did Biden do better?

    • @davemichael6994
      @davemichael6994 4 дні тому

      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?

    • @krnpowr
      @krnpowr 4 дні тому +26

      @@Cantu1489 Pretty much everything.

  • @XxXenosxX
    @XxXenosxX 3 дні тому +12

    This moron is going to put the final nail in the coffin of the regular American

    • @Jath2112
      @Jath2112 День тому

      I can't wait to see who some people are going to pick to blame. ... Somehow I don't think a lot of certain folks are going to even realize what is happening. There's going to be a lot of really strange behavior coming.

  • @chessdad182
    @chessdad182 4 дні тому +34

    Trust the King of Bankruptcies. How could it go wrong?

    • @michaelellringer5600
      @michaelellringer5600 3 дні тому

      Look at his astrological chart on Astrodienst! No earth in his chat, his feet aren't on the ground!

    • @Brianuwu622
      @Brianuwu622 3 дні тому

      yet hes a billionaire what about comrade kamala that lost a billion in 3 months

    • @oogie493
      @oogie493 2 дні тому

      You really trust a drunk woman who can't handle public speaking to take charge of the government. Womp womp

  • @ivanuski15
    @ivanuski15 4 дні тому +6

    This is not just inflation, companies are price gouging.

  • @Elijah-e6v
    @Elijah-e6v 3 дні тому +73

    Thank you for recommending Sarah Jennine Davis on one of your videos. I reached out to her and investing with her has been amazing.

    • @anilhettiarachci8467
      @anilhettiarachci8467 3 дні тому

      Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!

    • @สมรักษ์อินทร์ตา-ม7ฑ
      @สมรักษ์อินทร์ตา-ม7ฑ 3 дні тому

      Do you mind sharing info on the adviser who
      assisted you? I'm 39 now and would love to
      grow my portfolio and plan my retirement

    • @Elijah-e6v
      @Elijah-e6v 3 дні тому

      @@สมรักษ์อินทร์ตา-ม7ฑ A great recommendation is Sarah Jennine Davis. Her basic information should probably be displayed when you search for her in your browser.

    • @FreyaFreya3
      @FreyaFreya3 3 дні тому

      ​@@Elijah-e6vHow do I access her ? I really need this

    • @Elijah-e6v
      @Elijah-e6v 3 дні тому

      +156

  • @deek1081
    @deek1081 4 дні тому +32

    As if the American mind can comprehend this

    • @JosedeJezeus
      @JosedeJezeus 4 дні тому +1

      America, an obese nation, demands cheap food NOW!
      We are good addicts! Don’t get in the way of our food addiction!!!

    • @hydrocarbon82
      @hydrocarbon82 2 дні тому +3

      That's room temp IQ for ya lol

    • @sharkusvelarde
      @sharkusvelarde День тому

      They sure can't

  • @Bat_Boy
    @Bat_Boy 4 дні тому +25

    If you think Republicans care about the common man...think again.

  • @kellypaws
    @kellypaws 4 дні тому +6

    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.

  • @markdavis8888
    @markdavis8888 4 дні тому +38

    A 60% sales tax (tariff) on most of the things we buy is going to help inflation increase a lot.

    • @roo_stonks
      @roo_stonks 4 дні тому +5

      Surely this is sarcasm or rage bait.... surely

    • @GlobalCitizen_y2k
      @GlobalCitizen_y2k 4 дні тому

      ​​@@roo_stonks Surely? Google Walmart & Lowe’s -- they reported earnings last week & released some anticipatory comments re: effects of potential tariffs.

    • @reneshpanchal1889
      @reneshpanchal1889 4 дні тому +3

      ⁠@@roo_stonksit’s reality. No sarcasm or rage bait in sight.

  • @dilara4130
    @dilara4130 2 дні тому +375

    I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.

    • @KarencitaSacher
      @KarencitaSacher 2 дні тому +1

      I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.

    • @LuuzbelitoPirogovsky
      @LuuzbelitoPirogovsky 2 дні тому +1

      I’m planning on moving to Thailand in the next 5 years if trump’s government doesn’t do anything with the high prices of groceries and taxes
      What about you??

    • @MafArdoleda
      @MafArdoleda 2 дні тому +1

      Been debt free for two years thanks to Stephanie Janis Stiefel. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.

    • @JessieeAlmar
      @JessieeAlmar 2 дні тому +1

      Please stop gentrifying countries

    • @JessieeAlmar
      @JessieeAlmar 2 дні тому

      How can i reach Stephanie if you don't mind me asking?
      Heard she’s an IA.

  • @patriciapage2109
    @patriciapage2109 4 дні тому +40

    Corporate Greed is a major cause of Inflation. Look at the Profit Margins of these greedy suppliers.

    • @Edsanchez09
      @Edsanchez09 4 дні тому

      We make too much

    • @BigBadJerryRogers
      @BigBadJerryRogers 4 дні тому +5

      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

    • @GlobalCitizen_y2k
      @GlobalCitizen_y2k 4 дні тому +6

      ​​@@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.

    • @GlobalCitizen_y2k
      @GlobalCitizen_y2k 4 дні тому +4

      Record profits during COVID years when so many consumers were squeezed were definitely interesting 🤔

    • @steveb796
      @steveb796 4 дні тому +1

      Cal- Maine Foods is America’s largest egg producer. In 2022 their net income margin was 7.5%. It is currently 16%.

  • @josephtpg2205
    @josephtpg2205 4 дні тому +7

    Tarrifs are inflation. Get ready to pay more for your coffee

  • @markplatt8357
    @markplatt8357 4 дні тому +5

    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.

  • @Drunken_Master
    @Drunken_Master 4 дні тому +33

    Can't wait to see consumer prices double this time next year :)

  • @nicolasbenson009
    @nicolasbenson009 День тому +5

    higher taxes = higher inflation = government subsides to quell inflation, The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

    • @TinaJames222
      @TinaJames222 День тому +3

      Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself

    • @tatianastarcic
      @tatianastarcic День тому +2

      Keeping money in the bank is like paying banks and the Government. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

    • @JacobsErick-u8r
      @JacobsErick-u8r День тому +3

      To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.

    • @tatianastarcic
      @tatianastarcic День тому +2

      Finding financial advisors like Sophia Maurine Lanting” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @Vincent-j8u
      @Vincent-j8u День тому +1

      thanks for sharing this, I googled the lady you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply

  • @olddoug8945
    @olddoug8945 4 дні тому +4

    NO ONE ever went broke underestimating the intelligence of americans.

  • @ibk9987
    @ibk9987 4 дні тому +21

    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.

  • @snowrose101
    @snowrose101 4 дні тому +3

    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!

  • @steveb796
    @steveb796 4 дні тому +6

    Cal- Maine Foods is America’s largest egg producer. In 2022 their net profit margin was 7.5%. It is currently 16%.

  • @TinaJames222
    @TinaJames222 2 дні тому +6

    America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

    • @nicolasbenson009
      @nicolasbenson009 2 дні тому +2

      The truth is that people are finally waking up to the fact that our systems are breaking down in thousands of different ways all around us. Personally, the financial market seems like the only way to go with a long-term horizon . But if you don't have that time, it's a tough market out and thus you should consider financial advisory.

    • @sharonwinson-m8g
      @sharonwinson-m8g 2 дні тому +1

      This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

    • @tatianastarcic
      @tatianastarcic 2 дні тому +1

      Inflation is around 6.5% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?

    • @sharonwinson-m8g
      @sharonwinson-m8g 2 дні тому +1

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @Vincent-j8u
      @Vincent-j8u 2 дні тому +1

      I just looked her up on the internet and found her webpage with her credentials. I wrote her an outlining my financial objectives and planned a call with her.

  • @user-tr1zj
    @user-tr1zj 4 дні тому +9

    he certainly has control over making inflation much much worse with tariffs, a.k.a. import taxes

  • @Themooman29
    @Themooman29 4 дні тому +4

    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.

    • @nategate6120
      @nategate6120 4 дні тому

      This comment explains that you have zero understanding of what inflation is.

    • @Themooman29
      @Themooman29 4 дні тому

      @ lololol you doubt consumer spending habits have on inflation?

  • @TheDarkrebel131
    @TheDarkrebel131 4 дні тому +25

    If inflation increases we NOW WE KNOW WHO TO BLAME 😭

    • @bangbangyt1641
      @bangbangyt1641 4 дні тому +3

      China

    • @clint3868
      @clint3868 4 дні тому

      Trust me, republicans will just blame the federal reserve or the democrats. They always do

    • @Xaero324
      @Xaero324 День тому

      Let's go Brandon 😅

    • @TheDarkrebel131
      @TheDarkrebel131 День тому

      @ for 2020-2024 I agree, but now it’s trump turn, let’s roll the dice and see

  • @chriskelly6559
    @chriskelly6559 4 дні тому +40

    As with most everything, Trump has no understanding of economics.

    • @suntzu94
      @suntzu94 4 дні тому +11

      And Harris did? 😂😂😂😂 her campaign is 20 million in debt

    • @krnpowr
      @krnpowr 4 дні тому

      @@suntzu94 I don't know where you're getting your numbers. Probably QAnon. Because Harris' campaign has no debt.

    • @timc7312
      @timc7312 4 дні тому +13

      trump is the best at bankruptcy

    • @Cantu1489
      @Cantu1489 4 дні тому +5

      When your a built billionaire of of real estate, then talk.

    • @FiniteResources7734
      @FiniteResources7734 4 дні тому +16

      @@Cantu1489inheriting wealth and committing fraud are not business plans most people can follow.

  • @GeorgeOzier-gr5zq
    @GeorgeOzier-gr5zq 3 дні тому +2

    His tariffs will definitely reignite inflation.

  • @michaelmyers5782
    @michaelmyers5782 4 дні тому +3

    People will get what they voted for

  • @interpol9871
    @interpol9871 4 дні тому +3

    Get ready for hyperinflation

  • @CannabisTechLife
    @CannabisTechLife 4 дні тому +33

    People in the comments not understanding inflation going down != prices going down. SMH

    • @ClackerJack
      @ClackerJack 4 дні тому +3

      Did you mean to type something other than “!” before the equal sign?

    • @alexmiret5227
      @alexmiret5227 4 дні тому +4

      No inflation going down means the rate of inflation is slowing. Disinflation is when prices go down. Disinflation is worse than inflation.

    • @lucassilvas1
      @lucassilvas1 4 дні тому +6

      @@ClackerJack that means "not equal" in most programming languages

    • @fishjohn014
      @fishjohn014 4 дні тому +1

      ​@@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.

    • @ClackerJack
      @ClackerJack 4 дні тому

      @@lucassilvas1 thanks

  • @Artist_Kevin
    @Artist_Kevin 3 дні тому +2

    I'll take "dumbest question of the week" for $500

  • @joeweaver9913
    @joeweaver9913 4 дні тому +4

    He can kill inflation by cutting government spending and sending the economy into a recession

    • @FullLengthInterstates
      @FullLengthInterstates 4 дні тому

      putting rfk in charge of health will also help to remove demand from the market

    • @michaelellringer5600
      @michaelellringer5600 3 дні тому

      I lived thru 10 years of inflation in the 70's and what brought inflation to a dead stop: an economic recession.

  • @bobmarshall6688
    @bobmarshall6688 2 дні тому

    The perfect storm. Decrease supply with tariffs and decrease demand with people living paycheck to paycheck. It makes American goods more competitive by making things more expensive.

  • @kmo20794
    @kmo20794 4 дні тому +4

    Answer: he will increase inflation with universal tariffs and mass deportations

  • @MrMz4eva
    @MrMz4eva 3 дні тому +2

    Dont worry woke folks, the drilling will start and once liquid gold is there in abundance, prices across the board will go down

  • @jonfettig9126
    @jonfettig9126 3 дні тому +2

    Who believes the Republican's conman cares about tweets about your life. Think conman

  • @pokalorentz9363
    @pokalorentz9363 3 дні тому +1

    No mention of drilling more oil to lower the cost of energy and thus lower inflation?

    • @karenkoe7096
      @karenkoe7096 3 дні тому +1

      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.

  • @LaurenMacKellar-x5d
    @LaurenMacKellar-x5d День тому +1

    Everything is easy for Trump. Just ask him or any of his MAGA followers.

  • @tdubber78
    @tdubber78 4 дні тому +12

    Funny how I did see these videos by WSJ before the election.

  • @ab3040
    @ab3040 4 дні тому +7

    MAAA
    Make America Affordable Again😂

  • @robertgreen9019
    @robertgreen9019 2 дні тому

    Funny how corporate profits and executive wages never get mentioned.

  • @davidleestma9355
    @davidleestma9355 День тому +1

    Unfortunately, he's not as bright as he thinks he is.

  • @Slingbld
    @Slingbld 2 дні тому

    Stop government spending. Stop over printing money. Cut taxes. End of inflation.

  • @sanjivat
    @sanjivat 4 дні тому +2

    Zero

  • @hydrocarbon82
    @hydrocarbon82 3 дні тому +2

    Inflation was down to 2.6% by the end of October, there's not much to be eeked out of that. However when we measure inflation by cost of goods...we're going to see a good 10-25% increase due to tarrifs.
    Thanks, MAGAts.

  • @vpiele9631
    @vpiele9631 День тому

    If he's cutting corporate tax, then prices should go down. If not, they shouldn't get that incentive.

  • @techcafe0
    @techcafe0 4 дні тому +14

    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.

    • @Chad_Max
      @Chad_Max 4 дні тому +1

      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...

    • @henrytep8884
      @henrytep8884 4 дні тому

      @@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?

    • @RAakaCHI-191
      @RAakaCHI-191 4 дні тому

      ​@@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.

    • @MsCriticalthinker201
      @MsCriticalthinker201 4 дні тому

      @@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.

  • @lakeguy65616
    @lakeguy65616 4 дні тому +2

    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.

    • @rayanbas405
      @rayanbas405 4 дні тому

      trump will cut taxes

    • @lakeguy65616
      @lakeguy65616 3 дні тому +1

      @@rayanbas405 how will cutting taxes reduce the inflation rate? (answer: it won't. Cutting taxes will stimulate demand)

    • @rayanbas405
      @rayanbas405 3 дні тому

      @@lakeguy65616 Not always. Companies can reduce prices to gain market shares

    • @lakeguy65616
      @lakeguy65616 3 дні тому

      @@rayanbas405 how do equate the government reducing the tax rates with companies reducing their prices?

    • @rayanbas405
      @rayanbas405 3 дні тому

      @@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

  • @JimmyHooves
    @JimmyHooves 4 дні тому +1

    It’d be nice if the pro economy party were actually experts on economy but I guess that’s asking for too much

  • @great-garden-watch
    @great-garden-watch 4 дні тому +1

    Im waiting for the announcement of the gold muskwagon

  • @Enolagay8545
    @Enolagay8545 4 дні тому +1

    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.

  • @Tan92lfc
    @Tan92lfc 4 дні тому +45

    buyer's remorse for MAGA voters

    • @johnbarton4101
      @johnbarton4101 4 дні тому +7

      bUt wOmEn’S RiGhTs 😂

    • @phoenix5054
      @phoenix5054 4 дні тому +24

      ​@@johnbarton4101Imagine thinking women's rights is a joke.

    • @johnbarton4101
      @johnbarton4101 4 дні тому +5

      @@phoenix5054 cry louder

    • @patriciapage2109
      @patriciapage2109 4 дні тому

      Bet you're a very lonely little man aren't you 😅​@@johnbarton4101

    • @billy.9481
      @billy.9481 4 дні тому +19

      @@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

  • @reiki2165
    @reiki2165 3 дні тому

    You know what you should make affordable? Our crazy healthcare costs.

  • @MAchannel2024
    @MAchannel2024 4 дні тому +22

    That’s why trump says I love the uneducated
    Morons vote trump 5:55

  • @stop_lying_to_me
    @stop_lying_to_me 4 дні тому +18

    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.

    • @philip2205
      @philip2205 4 дні тому +3

      A 7.75% increase on a 2% inflation rate gives an inflation rate of 2,155%.

    • @xrizzx
      @xrizzx 4 дні тому +7

      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.

    • @jstins
      @jstins 4 дні тому +1

      @@philip2205you mean 2.15%. You can thank Obama for setting the table for that.

  • @bret9741
    @bret9741 4 дні тому

    The mid management of the federal government and reserve is the biggest issue.

  • @gsdblack1
    @gsdblack1 2 дні тому

    Tell companies to lower their prices and give them tax cuts on the back end to cover their margins.

  • @kaf2303
    @kaf2303 4 дні тому +1

    He can’t even control himself, how is he supposed to control anything else?

  • @HVACMAN-c7v
    @HVACMAN-c7v 4 дні тому +11

    fMAGA FDJT

  • @navIgator8p
    @navIgator8p 4 дні тому

    Hurting people is never in the interest of the law. You decide.

  • @r.garcia8768
    @r.garcia8768 4 дні тому +1

    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.

  • @Ace1000ks19751982
    @Ace1000ks19751982 2 дні тому

    Tariffs will help in lowering prices. Sure..... I'll buy that for a dollar.

  • @Frank_Reynolds__.
    @Frank_Reynolds__. 4 дні тому +2

    This could have been useful before the election 😂

  • @HardCoreGarage
    @HardCoreGarage 4 дні тому +1

    Zero control

  • @CATANOVA
    @CATANOVA 4 дні тому

    Given enough time, the truth will always present its self.

  • @nevilletaylor9761
    @nevilletaylor9761 День тому

    If they wanted lower prices they have hired the wrong guy. Tariffs on imports, including oil and gas, plus government deficits to finance tax cuts = higher prices for both imported goods and those produced domestically and higher interest rates on borrowed money will ramp up inflation.

  • @zman-ru3yf
    @zman-ru3yf 4 дні тому +1

    At least he is going to make some real changes

  • @beerman204
    @beerman204 4 дні тому +1

    Inflation .. price increases the consumer takes on their shoulders after those up the financial chain raise prices to make sure THEY don't suffer.

  • @mjs2505
    @mjs2505 4 дні тому

    I think more competition to offer goods and lower fuel cost will stimulate the economy. Make it easier to be an entrepreneur in America.

  • @KathyIngram-iz5kl
    @KathyIngram-iz5kl 4 дні тому +1

    Is still high it need to go down grocery 1:11 gas, food low income and senior needbit

    • @krnpowr
      @krnpowr 4 дні тому +1

      Speak English much?

  • @sanjivat
    @sanjivat 4 дні тому +1

    😂😂😂common sense not so common, Donald

  • @AndreaDoesYoga
    @AndreaDoesYoga 4 дні тому +1

    Interesting perspective, let's see what unfolds 🧐

  • @LuckieChuckie1966
    @LuckieChuckie1966 4 дні тому

    Who is going to compare record corporate profits against inflation numbers?

  • @AlphaGeekgirl
    @AlphaGeekgirl 4 дні тому +2

    Thew sheep are all saying... Make America Affordable Again... MAAAaaaaa

  • @Worteltaart
    @Worteltaart 2 дні тому

    Yeah, especially if youre gonna kick out the people that do cheap labor and tariff the heck out of imports. Big brains at work over there.

  • @dehsa38
    @dehsa38 2 дні тому

    ALL of his "promises" are harder than they sound.

  • @AnaRap326
    @AnaRap326 4 дні тому +1

    Country is in dangerous hands

  • @mosca3289
    @mosca3289 4 дні тому

    Can it really be true that economic analysis hasn’t progressed beyond Economics 101.

  • @joshnashofficial
    @joshnashofficial 4 дні тому

    He said “make it,” not “institute” or “enforce,” so I suppose that’s a positive sign.

  • @lancelessard2491
    @lancelessard2491 День тому

    Also, the U.S. labor force is shrinking by almost half a million workers every year now and for the next 15 years or so due to the boomers retiring and the much smaller newer generation coming into the labor market. That will only drive wages up as employers have fewer and fewer workers to choose from. That will drive production costs up, and there's no president, Republican or Democrat, who can change that fact.

  • @मैंचीजेंबनाताहूं

    To summarize, an un-elected group of officials at the Fed determine what we can and can't afford with the money we have earned. Got it !

  • @398robin
    @398robin День тому

    We can see there are many divisions among our people, but the vote of our people favors fixing our borders and the inflated prices in our stores. We could see some improvements in our government if the two parties could compromise our laws so they will benefit our people, instead of giving money to themselves. Pray that our country will have a better economy for all of our people

  • @kelleysmith7345
    @kelleysmith7345 3 дні тому

    No. It’s controlled right now. Tariffs guarantee inflation will rise.

  • @alvinantonio8033
    @alvinantonio8033 3 дні тому

    Do something about the weakling Yen. Japanese have loved coming to Hawaii for vacation, weddings, everything. Japan is flooded with too many westerners and have made it hard for the country to control the amount of people visiting there.

  • @sergeyermolenko8605
    @sergeyermolenko8605 2 дні тому

    Mises, Hayek, Rothbard. These people from both sides don't listen You.

  • @arunsubramanian7949
    @arunsubramanian7949 4 дні тому

    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.

  • @jeffDwyer1
    @jeffDwyer1 3 дні тому +515

    Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?

    • @Jakepattison42
      @Jakepattison42 3 дні тому +5

      It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points

    • @wmwoods-l4f
      @wmwoods-l4f 3 дні тому +4

      I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisor chooses entry and exit orders

    • @Aarrenrhonda3
      @Aarrenrhonda3 3 дні тому +4

      Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.

    • @wmwoods-l4f
      @wmwoods-l4f 3 дні тому +2

      Annette Christine Conte is the licensed advisor I use and i'm 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.

    • @Aarrenrhonda3
      @Aarrenrhonda3 3 дні тому +1

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

  • @TettyBoyFloyd
    @TettyBoyFloyd 4 дні тому +1

    Trump always finds a way to resolve issues

  • @DS-gt1ft
    @DS-gt1ft 3 дні тому

    What inflation??? It stands now just over 2% which is considered ideal.

  • @tonysilke
    @tonysilke 2 дні тому +465

    Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?

    • @Nernst96
      @Nernst96 2 дні тому

      It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points

    • @PatrickLloyd-
      @PatrickLloyd- 2 дні тому

      I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisr chooses entry and exit orders

    • @PhilipDunk
      @PhilipDunk 2 дні тому

      @@PatrickLloyd- Sounds interesting! Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

    • @PatrickLloyd-
      @PatrickLloyd- 2 дні тому

      SOPHIE LYNN CARRABUS is her name. She is regarded as a genius in her field, She’s quite known in her field, look-her up.

    • @PhilipDunk
      @PhilipDunk 2 дні тому

      Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.