How quickly will Trump lower Prices

[1blackman1]

Congrats to Trump on his win. Now it’s time start moving from concepts of a plan to transitioning to governing.

Since the economy was the driver behind his election, what’s the plan to lower prices?

How long before prices drop back to pre-pandemic level?

What will be the rate of deflation in price indexes need to be for people to believe that the economy isn’t bad (which is the common belief for the Trump voters)?

Will Trump voters look to the Dow going up as a sign that the economy is booming even if prices remain high?

[VitaMan]

Trump was considering getting rid of all income taxes, and make up the shortfall with new tariffs.


Oh.......that was before the election.

[1blackman1]

Originally Posted by VitaMan

Trump was considering getting rid of all income taxes, and make up the shortfall with new tariffs.


Oh.......that was before the election.

Well we know that’s a false promise. Let’s see what real policies are put in place that’ll drive down prices. No one’s daily income is affected by increases in the Dow. I look forward to hearing what actual policy has been proposed that’ll drive down prices.

[farmstud60]

The first thing that will happen is the border will be closed.

[ICU 812]

It is mu understanding that one strategy will be to increase petrolium production and bring that to the international market. By increasing the supply of fuels the cost of producing, transporting and distribution food stuffs and other consumer goods will go down.

This rduction onthe supply side should result in lower prices at the super market.

I do not expect this to cycle through the national economy in less that two years.

Another economic boost will come through selected tax cuts. Thia will increase the funds available for consumer purchases. Tax cuts can come relatively quickly. this should be felt within the bext year.

The concept of targeted tsrrifs is to incentivize foreign comanies to bring production on shore and into the USA, /this would result in more jobes domestically.

[ManSlut]

Originally Posted by farmstud60

The first thing that will happen is the border will be closed.

Sure it will, just like it was when OrangeTurd had control of the House & Senate for the first 2 years of his previous reign.

Keep dreaming, No Plan Trump II will be the same joke as Trump I.

[Lucas McCain]

There is no real plan. All I know is tariffs and deporting illegals out of here working shit jobs that nobody wants is hardly a great plan to reduce prices. Yeah, Americans will do those jobs, but the labor expense line item in a company's P&L statement is sure the fuck going to look a lot different. So that added cost will be mostly passed along to the consumer just like the tariffs.

If I ever go back to Burger King, it's going to be weird paying $22 for a Whopper with cheese, fries and a drink. Haha

[1blackman1]

I addressed ICUs lack of understanding regarding increasing oil production in another thread. His lack of understanding continues today as he keeps making the same claim.

Closing the border will increase prices, unless the thought is that demand for goods will decrease since well have fewer people buying and that’ll mean there’s more available supply. I don’t see that being sufficient to drive down prices but well see. What’s more likely to occur is that supply will be more constrained and prices will increase.

I’m yet to see anyone give any sensible policy that’ll decrease prices. I’m sure the Trumpers must have heard Trump describe these policies. I just haven’t and I would like to be enlightened.

[farmstud60]

Originally Posted by 1blackman1

I addressed ICUs lack of understanding regarding increasing oil production in another thread. His lack of understanding continues today as he keeps making the same claim.

Closing the border will increase prices, unless the thought is that demand for goods will decrease since well have fewer people buying and that’ll mean there’s more available supply. I don’t see that being sufficient to drive down prices but well see. What’s more likely to occur is that supply will be more constrained and prices will increase.

I’m yet to see anyone give any sensible policy that’ll decrease prices. I’m sure the Trumpers must have heard Trump describe these policies. I just haven’t and I would like to be enlightened.

They will reduce government spending. Unlike the Biden/Harris who dramatically increased government spending.


Trump will open up oil and natural gas production and export natural gas again.


This will increase supply and put downward pressure on energy costs. While it will take time, it will give confidence in businesses that costs won't continue to spiral up wards.

[1blackman1]

How does that lower prices. I’m unclear on how those policies will lower grocery prices.

[farmstud60]

Originally Posted by 1blackman1

How does that lower prices. I’m unclear on how those policies will lower grocery prices.

Hard to directly lower prices, but it reduces the upward pressure, and reducing energy costs has a huge ripple effect through the economy.

[texassapper]

Originally Posted by farmstud60

Hard to directly lower prices, but it reduces the upward pressure, and reducing energy costs has a huge ripple effect through the economy.

He's being disingenuous.

[farmstud60]

Originally Posted by texassapper

He's being disingenuous.

Actually a lawyer usually is pretty clueless about economics

[1blackman1]

Some have MBAs and degrees in economics so might know a thing or two.

So if Trump can't get prices down, what will he tell the American people that voted him in because he promised to do so?

We already produce plenty of energy, even enough to go to market. We aren't producing more because there isn't any desire to lower overall production costs for fuel because the amount of profit for oil companies will go down. We are not at a lack of production or volume.

Energy costs won't have an effect the cost of day to day goods or groceries. People are expecting their costs to drop and they won't. Now I suspect Fox will do the full on press and tell people the economy is great simply because Trump says it is.

[TravelingHere]

Originally Posted by 1blackman1

How does that lower prices. I’m unclear on how those policies will lower grocery prices.

His administration would lower prices or at least reduce pricing pressure by:
1. deregulation
2. permissive energy policy
3. reduced government spending

The above three would be the big primary drivers.