Anonymous #1 13w

That’s the point. He is driving the country to recession on purpose while implementing fiscal and monetary policy at the same time so everything looks good on paper while the majority of Americans will suffer. It’s all about optics for TACO

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Anonymous #1 13w

GDP = C + I + G + NX Tariffs provide a shock to C (people) and I (companies), but he also wants to use them to raise NX. The BBB increases G (government spending) which in fiscal policy offsets recession by replacing the drop in C. It’s also tax cuts to the wealthy who own most of the money, further encouraging C by targeting the few people with the majority of the money compared to the majority of people with less money, as well as I by lowering the corporate tax rate.

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Anonymous economics.major 13w

I am an Econ major 🤝

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Anonymous #1 13w

And the only other major thing is trying to strong arm Powell into lowering rates. This is a form of monetary policy which effectively increases the supply of money to influence the demand of money. If money is cheaper to borrow, more people will borrow money. Yes, it strips the lower and middle class of the little they already own. He plans to consolidate wealth among the richest of Americans. “You will own nothing and you will be happy.”

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Anonymous #1 13w

Hell yeah. As messy as this administration is, it’s kinda fun doing the analysis and seeing just how fucked up it all is

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Anonymous economics.major 13w

Trump tariff is delusional. It’s tax on consumers

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Anonymous economics.major 13w

The country is actually cooked if he goes full on authoritarian and takes over the fed

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Anonymous #1 13w

yup he’s well aware too. consumer spending report today thankfully only confirms a slowing economy rather than stagflation. i think he’s gonna try to replace our progressive tax system with a static (and therefore regressive) sales tax, but he needs every penny (i guess nickel now???) he can get from people to offset that recession

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Anonymous #3 13w

powell’s term is up soon :( he’s lowkey giving communist with the sovereign wealth fund and his obsession with wanting to make things controlled by the state (Steel, TikTok, Oil, Every aspect of people’s lives). one can only hope health care is next!

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