Quote:
Originally Posted by HedonistForever
Our situations sound about identical but perhaps not in actual dollar amounts.
I guess what I'm not understanding is what you want done besides go back to a time when Trump wasn't President and China was kicking our ass. Are you for price controls, government COLA's? What is your main complaint and your solution to fix it?
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Tariffs, a policy with which very few economists would agree is a correct policy, are hurting each and everyone of us. Maybe in the long term Trump's policies will be successful and we, as a country, will be better off after agreements are made. I don't trust China. Even if agreements are signed, I don't trust them to follow through. So I think we are in a lose-lose situation.
But I'll go back to my original post in this thread. Friendly Fred said we are ALL better off financially under Trump. I don't think I am. The surge in the stock market is meaningless to me. At least temporarily, the tariffs have increased my cost of living beyond my growth in income. Unfortunately since tariffs are a "hidden tax" which are difficult to see on a day-to-day basis, it is difficult to substantiate my opinion.