Daily reminder that only economic illiterates vote for Trump. His protectionist policies would be disastrous for the American and global economy.
economy.com
nfap.com
wsj.com
cnbc.com
politico.com
washingtonpost.com
nationalreview.com
economist.com
gfs.eiu.com
Other urls found in this thread:
nfap.com
mises.org
cnbc.com
washingtontimes.com
realclearpolitics.com
finimize.com
dcourier.com
youtube.com
bloomberg.com
twitter.com
>DNC emails prove Hillary pays shills to post
>posts like these still happen
Kek just leave m8, the jig is up
>self-made multimillionaire is is economically illiterate
>I know more because of what my gender studies professor said
ok
billionaire*
Nice shitpost, retard
>beelyinaire*
>le gender studies meme
Consensus among economists is not a "gender studies professor ", my mentally defective aussie shitposter.
Consensus among (((economists))).
Except that I want disaster, so as to precipitate Balkanization. Your move, fake Texas.
I bet you just hate women, don't you racist?
Writing double parentheses around a word is not an argument
keep sliding shill. It wont stop Killarys campaign from its freefall
it is when the only reason they say he's wrong is that their gender studies professors don't want him becoming president because of muh feels
he literally makes more money than all of them
>you don't get it, I have a high IQ unlike this self-made billionaire
> 3 parentheses
> "Double-parentheses"
...
Why do you keep bringing the gender studies meme, you ducking retard? It has nothing to do with anything on this thread.
>he's rich, therefore he's right!
Nice fallacious thinking, you imbecile.
By the way, Trump, who is not even a first generation millionaire, is small time to people like Warren Buffett.
Nice deflection, faggot.
If he's small time Hillary is microscopic
Just like brexit right?
Who gives a shit? The dumb aussie was making the non-argument that him being a billionaire makes his protectionist views justified. The truth is that virtually all billionaires are pro-free trade.
>correct the record calling other people shit posters
These leftists used to laugh about it they thought it was a joke well their not laughing anymore now they realize the gravity of their situation
>(((economists)))
Lowering taxes, relaxing regulations and fair trade are god tier economic policies for the home country
Protectionism only hurts the elites, since we export skill dense services and import labour dense goods.
why do you care anyways? its not your president or your country GTFO WEON!
spotted the scared bankster globalist
Wrong. Protectionism raises the prices of consumer goods, which most heavily affects the working class. At least try reading the goddamn links.
Spotted the subhuman low IQ Trump voter
Globalism and the policies you espouse have destroyed our working class. Gtfo globalist scum
>raises the price of consumer goods
Maybe for iphones and other trinkets, certainly not food since we are a major exporter.
The inflationary effect would be more than offset by the positive effects of increased employment for blue collar workers.
The upper middle class would suffer the most.
>billionaire would jeopardize his billions for no reason
I am more inclined to believe he would make himself richer. Don't know why he would want to lose profit.
Sage of course
>chilean economists
Being a billionaire doesn't make you an economist, try to remember this is the guy that sold fucking steaks in The Sharper Image
Globalization ("globalism" as you like to call it) has raised the living standards of hundreds of millions of people, including Americans. The world you live in and the material prosperity you enjoy exist thanks to free trade.
economics is a pseudoscience
#shillforhill detected.
>voting for Hillary
>voting for Sanders
>not voting for watching it burn
I don't see why it's so hard to understand the wage competition part of free trade.
If workers here didn't have to compete with 2nd and 3rd world countries in places like south america, the price of labour would increase. Since labour is only a small part of total product cost, inflation wouldn't rise dramatically, and the only people hurt would be the upper middle class service exporters and foreign shitskins like yourself who live off of stolen american jobs.
You fucking commie, whats going on with your president? Whats going on with your party? Whats going on with your "movement"?
Kek now tell me you are not a socialist because its a trend. Im done you fucking freshmen.
>The inflationary effect would be more than offset by the positive effects of increased employment for blue collar workers.
Wrong. This is directly addressed in the second link given in the OP.
I'll read all these eventually, thanks for collecting all the info
The fuck are you talking about, faggot?
>exist thanks to free trade
Free trade has historically meant taking resources from the 3rd world and manufacturing in the 1st. This is what created our material prosperity. All we want is a return to that dynamic
I'm not reading your obviously biased source.
Chile is trying to tell us about economics?
HAHHAHAHHAHAH
Oh. You want more foreign aid don't you?
Says a nobody on Sup Forums
>I'm not going to read because the conclusions disagree with my feelings!
This is how Trumpfaggots debate
Fact is economists have no idea what the economy is going to do half the time. If they did they're be richer then Trump.
Yeah like the two walkie talkies obongo gave us in the 2010 earthquake. Thanks a lot.
We'll call you the next tsunami.
You're welcome
I'll explain this to you simply, since I assume you have the average Chilean IQ of about 90
Free trade evens out commodity prices.
The majority of the American population sells labour and has an interest in keeping the price of labour high
Shitskin countries like your own have cheap labour
Free trade make labour price go down.
Jews in America don't sell labour and that means they don't care about price of labour
Jews support Free trade
Why protect the jobs of nigger-tier whites? If a white person is on the right side of the bell curve, they should be able to get a non-labor job.
Lmao shut the fuck up you nigger go back to FUCKING GENDER STUDIES YOU FEMINIST CUNT HAHAHAHAHAHA ENJOY GETTING A JOB WITH THAT CANT WAIT TO SEE YOU GET ABSOLUTLEY MURDERED IN THE BLM PROTESTS WHEN TRUMP BECOMES PRESIDENTS AND SHOOTS ALL YOU KEKS HAHHAHAAHAHAH FUCK YOU!!! AHAHAHA
Currently about to transfer into economics... I find these posts very unsettling
They're just nazis, pal. Pay them no mind. Also, keep it Austrian and join mises.org
Ignore them. Just ignorant, low IQ Trump supporters. Economics is legit.
I don't have time to read that paper in the lifespan of this thread jackass. If you've read it than explain how it invalidates what I just said.
82330542
82330542
82330542
Daily reminder that this is a slide thread
>We assume that the prices of goods from Japan, China and Mexico would rise by the entire tariff increase under
the Trump plan.
Just started skimming, already found bullshit. This completely ignores the synergistic efffects of supply chain re-shoring.
Ok here is some good reason why trump would be good for economy.
cnbc.com
washingtontimes.com
realclearpolitics.com
finimize.com
dcourier.com
and even a video youtube.com
It's not only about being richer
Some things are more important than that
Was going to post this. (((Finance industry))).
From what I've read this sounds like baseless fearmongering of the type we saw with Brexit.
Economics, like most soft sciences is prone to distortion and political agendas.
Destroy your borders, language and culture or else the economy get it.
Of course you do. You just don't want to, as you said yourself.
topkek
yea your an idiot that doesn't understand basic economics and also you are unable to process information correctly. idk how someone can be so stupid but w/e try to pick up some critical thinking skills
Modern Economics was debunked by Sraffa 50 years.
Look up the Cambridge Capital Controversy.
>chile
>opinion
reminder that OP is not american and globalists do not have american interests at heart.
Lol. There are so many low IQ Nazis on Sup Forums. It's pretty sad. You can't understand economics or finance so you just call it "Jewish magic" and therefore evil. You have to be purged.
Someone doesn't understand what "free" trade really means.
>Taking financial advice from third world countries
see
Modern economists don't understand economics themselves.
From my reading so far
>The purpose was to determine whether, in general, the duties were effective in discouraging imports of goods on
which they were imposed or whether importers avoided harm by just switching their purchases to other countries.
Blindly assumes that Trump will only place tariffs on aforementioned nations
The study doesn't seem to take into account any secondary effects at all from increased blue collar employment. It's completely ignored.
It mentions export decline, but fails to take into account that most of our exports are in labour sparse, skill heavy industries that don't effect the common man.
Horrible, shit-tier study.
>His protectionist policies would be disastrous
None of your links take into account the US workers made unemployed by your trade policies.
They support 'trade at any cost' because they are all stockholders, not workers.
Are you a stockholder, too? Or just uninformed?
I go to a top 10 research uni. Soft sciences are exaggerated and manipulated for political purposes all the time to attract funding.
>Malaysia
>hotwheels
Address my issues with the report or admit that you are typical pseudo-intellectual libertarian retard.
Hard science is being turned soft to get funding.
What's Hildog like? Does she laugh at your autism too but in that cackle?
>We assume that the prices of goods from Japan, China and Mexico would rise by the entire tariff increase under the Trump plan
This is absolute bullshit. Probably written by some stoner undergrad, or tenured senile prof.
>Blindly assumes that Trump will only place tariffs on aforementioned nations
You haven't even read the whole paper.
Have you read anything by Nicholas Taleb? He's a WS trader-come-academic with fuck you money and he's done a lot to expose economics as chalatanry.
Economics at a prestigious school is a great major if you're going for high finance but as an actual discipline... it's one big fucking joke.
Reading some of these (because why not). Not an economist, but I think I'm following along.
Mostly the second one, since that seems to be what people are debating here.
I agree that tariffs and trade restrictions will be objectively detrimental to the US. This is unsurprising: to say that imposing restrictions would be a net gain, sounds dubious regardless of the context.
However, the paper fails to recognize that what matters isn't so much objectively what happens to the US, but also what happens to the countries in which we are imposing these tariffs. If we impose a tariff on China, for example, I'd suspect that we'll be taking a hard hit, but China will undoubtedly take a harder hit. It becomes a game of attrition.
That is to say, the goal was probably never truly cutting of trade with China to begin with. Trump is effectively gambling that China won't dare having their country collapse due to withdrawal of US trade, to possibly negotiate better terms between US-China relationships. Ones that ultimately give China more consideration, in that it'll probably further increase any dead loss occurred to setting tariffs.
I'm not going to sit down and stare at a paper for two hours just to win an internet argument.
This. Uae and kuait are rich but
bloomberg.com
>McKinsey, one of the biggest globalist consulting companies out there
>finally points out many are being left behind in terms of household income across the globe
>globalization is a myth that's dying
The dead loss manifests itself in decreased GDP growth, which disproportionately impacts the wealthy and upper middle class.
As domestic supply chains regrow, blue collar workers in industrial regions now have more, not less money to spend on goods only marginally more expensive than their chinese competitors.
Of course this will be hindered by automation, but in conjunction with immigration restrictions, it will result in a real boost to quality of life for blue collar Americans.
>chile
These same economists said that 2007-2008 would be "a rough year, but overall okay for the middle class."
Look how that turned out. Fuck off, kike shill.
Thank you for correcting the record!