Trump flaw economic policies

 @Babe:US economy is imploding showing Trump economy plan is flaw in all ways.

Yet you are picking contextual economics in supporting Trump.

@Babe:1. Government spendings massive cuts without looking into its detail with speed is a deadly train wreck.

@Babe:2. Not increasing tax but just focusing on cutting spendings is like chopping 1 wing and let another wing fly - lead to plummeting economy.

@Babe:3. increasing tariffs as fiscal revenue is a flaw economic tool - because it increase prices to consumers, invite retaliation, disrupt the most efficient global supply chain.

@Babe:4. 1930s tariff war levy by US president lead to WW2.

5. Trump is repeating it.

@Babe:6. increasing tariffs will not force companies to move to US because the world economy minus US GDP if $30 trillion is huge - $76 trillions.

Companies will want to sell to the larger global countries instead of US market only.

@Babe:Hence your flaw economic explanation to support Trump are flaws in all counts.

US tanking economy prove it.

@Babe:Hence your flaw economic explanation to support Trump are flaws in all counts.

US tanking economy prove it.

@Babe:1. DOGE massive cuts flaw.

a. cut air controller - plane crash.

b. cut education - lose talents and competitiveness.

c. cut medical r&d and program - pandemic arises (eg. measles)

@Babe:2. Imposing tariffs trigger inflation.

3. Cutting interest rate will cause inflation to go higher.

4. Tax cut will further fuel inflation hike.

@Babe:5. Business & consumer confidence are hit - and will reduce consumption and investment - lead to job cuts.

6. Tax cut won't bring economic growth - as business are not making profit.

@Babe:7. All the mention effects of economic contagion are showing in US economy - and yet you say that Trump economic plan is on the right track?

8. Are you trying to fool everyone - with your flaw theory.

@Babe:1. The full burden of the government spending cuts fall on the 99%, whereas the richest 1% gain.

2. If the mass market 99% lose its spending power, how will the economy do well?

@Babe:US $36 trillion Treasury debt are finance predominantly by foreign countries.

@Babe:Fighting a tariff war with foreign countries will cause retaliation to start selling US Treasury bill and US lose funding to finance its fiscal budget.

@Babe:No countries in the world no matter how big and how rich can close its economy without trading with the world.

Trump is moving US into isolation.

@Babe:1. If foreign countries stop funding US$ and stop using dollars for trade in retaliation, US economy and wealth will plummet.

2. Brics already doing so.

@Babe:1. Massive reckless government spendings cut is a de-multiplier effects - US economy implode.

2. Leading to deflate business activities, reduce consumption, discourage investment & job loss.

@Babe:1. US consumer spending is the main engine of economic growth, making up 68% of the GDP.

2. Reckless spending cut, tariffs that dampen consumers spending power will cause US economy to plummet.