Comments by "Mike" (@Mike-hd7ko) on "David Scott Raises Concerns Over President Trump's Tariffs That 'Are Just Going To Add To Inflation'" video.

  1.  @KenCrandall-ot7uv  During Trump's presidency, the U.S. trade deficit soared to its highest level since 2008. Farm bankruptcies increased 20%, the highest level since 2011
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  2.  @KenCrandall-ot7uv  Yes, prices went up when he put up tariffs during his first term. lol
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  3. You clearly have no idea what a tariff is or how it works lol
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  4. @ You clearly still have no idea what a tariff is or how it works 🤣
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  5. @ Why would we care if India taxes their own people for Harley Davidson imports? 🤣
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  6.  @KenCrandall-ot7uv  Throughout Trump’s time in office, family dairy farms have continued to go out of business. Wisconsin alone losing 500 in 2017, nearly 700 in 2018, and over 800 in 2019
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  7.  @KenCrandall-ot7uv  Nearly 1,800 factories have disappeared under Trump between 2016 and 2018,” said Scott. “Additionally, the U.S. trade deficit in manufactured goods rose significantly between 2016 and 2019.
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  8.  @KenCrandall-ot7uv  You're cherry picking, while im demonstrating how the wider economy tanked under trump. lol
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  9. @ We were in the middle of a economic shutdown when he left office. The GDP had declined 2.6% and unemployment was 10.6%. Embarrassing yourself
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  10.  @KenCrandall-ot7uv  The combined U.S. goods and services trade deficit increased to $679 billion in 2019, compared to $481 billion in 2016, the year before Trump took office
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  11. Why do you want to raise prices on US consumers by 100%?
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  12. Republicans are proposing to increase the debt by 4T in their new budget. Surprise Surprise
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  13. Inflation was 2.3% when JB left office lol
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  14. ​@ Throughout Trump’s time in office, family dairy farms have continued to go out of business. Wisconsin alone losing 500 in 2017, nearly 700 in 2018, and over 800 in 2019
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  15. @ You clearly dont know anything about economics. I came with receipts. You have nothing
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  16. @ You're literally just making stuff up lol
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  17.  @KenCrandall-ot7uv  "2017 tax cut ensured that the U.S. as a whole would continue to spend more than it produced, hence the need for a current account deficit. The tariffs on China reduced imports from China but these were mostly replaced with imports from other sources" Peterson Institute for International Economics
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  18.  @KenCrandall-ot7uv  "Trump’s tariffs also imposed higher costs on businesses and consumers. U.S. Customs and Border Protection collected $74.4 billion in tariffs on imported goods during the 2019 fiscal year, which ended on Sep. 30. That was more than double the taxes that CBP collected on imports before Trump took office"
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  19.  @KenCrandall-ot7uv  In addition, China, the European Union and a number of other countries retaliated against U.S. exports, including many farm goods. That had such a negative impact on farm income that the Trump administration provided more than $23 billion in aid to farmers for trade-related losses.
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  20.  @KenCrandall-ot7uv  Shall I continue?
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  21.  @KenCrandall-ot7uv  Tariffs are a tax on US consumers. Educate yourself
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  22. @ Im not wrong, I just proved it
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  23.  @KnightOfTheBlueMoon  “U.S. tariffs continue to be almost entirely borne by U.S. firms and consumers.” Federal Reserve Bank of New York Jan 2020 Study
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  24.  @KenCrandall-ot7uv  JB got inflation down to 2.4% when he left office. But if you want to cherry pick unemployment was as high as 13% under trump.
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  25.  @KenCrandall-ot7uv  Nobody was driving during covid so it kept prices low despite production shutdowns
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  26.  @KenCrandall-ot7uv  Gas and mortgages were cheep under BO, trump inherited that.
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  27.  @KenCrandall-ot7uv  Despite a 2016 campaign pledge to not let a single Michigan auto plant close, GM announced it would end production at five North American plants in 2018
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  28.  @KnightOfTheBlueMoon  "Trump’s tariffs also imposed higher costs on businesses and consumers. U.S. Customs and Border Protection collected $74.4 billion in tariffs on imported goods during the 2019 fiscal year, which ended on Sep. 30" CPB .
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  29.  @KenCrandall-ot7uv  the real U.S. trade deficit has increased in every year since 2016, reducing GDP growth by roughly 0.25% annually over the past three years" EPI Senior Economist Robert Scott
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  30.  @KnightOfTheBlueMoon  "Nearly 1,800 factories have disappeared under Trump between 2017 and 2018,” said Scott. “Additionally, the U.S. trade deficit in manufactured goods rose significantly between 2016 and 2019. " EPI Senior Economist Robert Scott
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  31. @ Now you're just projecting lol
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  32.  @KnightOfTheBlueMoon  Last time trump did these tariffs factories closed in droves
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  33.  @KnightOfTheBlueMoon  Thats always the result of tariffs
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  34. @ Embarrassing yourself lol
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  35. JB got inflation down to a healthy 2.4% lol
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  36. This false, and you know it
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  37.  @mushy2bc482 Wrong again lol
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  38. @ Embarrassing yourself
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  39. @ You clearly care seeing how triggered you've gotten lol
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  40. @ No, inflation didn't go up 4 years straight. It went down three years in a row. You're literally making stuff up as you go. embarrassing yourself lol
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  41. @ inflation when down three years in a row under JB. 2.3% when he left office. Embarrassing yourself
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  42. @ You practically just admitted you're wrong. embarrassing yourself again lol
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  43. tell us, what did JB to do "sky rocket inflation" Specifically.
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