I think Trump 1.0s biggest problem is he was woefully ill prepared to actually win the 2016 election. And he was not nearly distrusting of the deep state / swamp as many of his supporters were.

Think he thought "I brought the Rs a victory over crooked Hillary, the GOP and her other haters will line up to ensure I am a success."

Reality struck him hard enough that he needed the 4 years off to regroup.

But if you wanted to boil down the shortcomings of his first admin, it begins with not planning enough on winning.

LMCane said:

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ETFan said:

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- housing sector remains weak
- tariffs causing inflation
- job market cooling
- rate cut

anything else?

Are we getting numbers ever again or just "hot" "cold" "trust me bro".

---

LMAO

what "caused" inflation when it was 9.1% under Joe Biden?!?!

but suddenly you know with certainty the 2.7% inflation of today is caused by "tariffs"!

jobs were just shown to be highest in six months.

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That was just "transitory", dude...

ETFan said:

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LMCane said:

---

ETFan said:

---

- housing sector remains weak
- tariffs causing inflation
- job market cooling
- rate cut

anything else?

Are we getting numbers ever again or just "hot" "cold" "trust me bro".

---

LMAO

what "caused" inflation when it was 9.1% under Joe Biden?!?!

but suddenly you know with certainty the 2.7% inflation of today is caused by "tariffs"!

jobs were just shown to be highest in six months.

---

Why are y'all coming at me for what Jerome Powell said in his conference? Specifically, the points that seem most relevant to avg Joe.

His words, not mine. EDIT: Recession talk is not mine, must be from a deleted post/poster.

---

If Jerome Powell said that tariffs cause inflation, then he's either a) a liar or b) not competent to be Fed chair since he should know that's not true.

Ag with kids said:

---

ETFan said:

---

LMCane said:

---

ETFan said:

---

- housing sector remains weak
- tariffs causing inflation
- job market cooling
- rate cut

anything else?

Are we getting numbers ever again or just "hot" "cold" "trust me bro".

---

LMAO

what "caused" inflation when it was 9.1% under Joe Biden?!?!

but suddenly you know with certainty the 2.7% inflation of today is caused by "tariffs"!

jobs were just shown to be highest in six months.

---

Why are y'all coming at me for what Jerome Powell said in his conference? Specifically, the points that seem most relevant to avg Joe.

His words, not mine. EDIT: Recession talk is not mine, must be from a deleted post/poster.

---

If Jerome Powell said that tariffs cause inflation, then he's either a) a liar or b) not competent to be Fed chair since he should know that's not true.

---

Not technically inflation, but it does drive up prices for the consumer.

As I have posted before, I am against any elected official that attempts to influence my spending habits.

IIIHorn said:

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Ag with kids said:

---

ETFan said:

---

LMCane said:

---

ETFan said:

---

- housing sector remains weak
- tariffs causing inflation
- job market cooling
- rate cut

anything else?

Are we getting numbers ever again or just "hot" "cold" "trust me bro".

---

LMAO

what "caused" inflation when it was 9.1% under Joe Biden?!?!

but suddenly you know with certainty the 2.7% inflation of today is caused by "tariffs"!

jobs were just shown to be highest in six months.

---

Why are y'all coming at me for what Jerome Powell said in his conference? Specifically, the points that seem most relevant to avg Joe.

His words, not mine. EDIT: Recession talk is not mine, must be from a deleted post/poster.

---

If Jerome Powell said that tariffs cause inflation, then he's either a) a liar or b) not competent to be Fed chair since he should know that's not true.

---

Not technically inflation, but it does drive up prices for the consumer.

As I have posted before, I am against any elected official that attempts to influence my spending habits.

---

They can temporarily drive up selected areas of prices, but it's not "inflation". Inflation is always and everywhere a monetary phenomenon.

FWIW, I'm against anyone that attempts to influence ANY of my habits...even my bad ones.

Ag with kids said:

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IIIHorn said:

---

Ag with kids said:

---

ETFan said:

---

LMCane said:

---

ETFan said:

---

- housing sector remains weak
- tariffs causing inflation
- job market cooling
- rate cut

anything else?

Are we getting numbers ever again or just "hot" "cold" "trust me bro".

---

LMAO

what "caused" inflation when it was 9.1% under Joe Biden?!?!

but suddenly you know with certainty the 2.7% inflation of today is caused by "tariffs"!

jobs were just shown to be highest in six months.

---

Why are y'all coming at me for what Jerome Powell said in his conference? Specifically, the points that seem most relevant to avg Joe.

His words, not mine. EDIT: Recession talk is not mine, must be from a deleted post/poster.

---

If Jerome Powell said that tariffs cause inflation, then he's either a) a liar or b) not competent to be Fed chair since he should know that's not true.

---

Not technically inflation, but it does drive up prices for the consumer.

As I have posted before, I am against any elected official that attempts to influence my spending habits.

---

They can temporarily drive up selected areas of prices, but it's not "inflation". Inflation is always and everywhere a monetary phenomenon.

FWIW, I'm against anyone that attempts to influence ANY of my habits...even my bad ones.

---

I posted that it was not inflation.

Although not as succinctly and accurately is you did.

Tariffs also encourage domestic sourcing to avoid the tariffs.

AggieVictor10 said:

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Mr.Milkshake said:

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I don't think 90% of ppl remember what an actual recession looks like.

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We were in one under Biden the economy is hot now.

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We were definitely in one under Biden. The economy is not hot. And no one takes your constant trolling seriously.

hunter2012 said:

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Laughing/crying emoticon

techno-ag said:

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Tariffs also encourage domestic sourcing to avoid the tariffs.

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Your maid does your shopping?

Can you use a translator app to turn that into actual English language

because I can't even understand what you are stating.

$5 footlongs and $1 value meal items are just memories at this point.

Never forget what they took from us. pic.twitter.com/uoVHnuMA9T

— Based Jessica (@RealJessica) December 12, 2025

Liz Claman is citing the WSJ indicating Trump is leaning to the other Kevin, looking to pick Warsh over Hasslett.

I think with both Bessent and Hasslett Trump may be looking to keep those guys within the White House.

tysker said:

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BusterAg said:

---

ETFan said:

---

- housing sector remains weak
- tariffs causing inflation
- job market cooling
- rate cut

anything else?

Are we getting numbers ever again or just "hot" "cold" "trust me bro".

---

Inflation is always a monetary phenomenon.

Tariffs are not a monetary phenomenon.

Tariffs do not cause inflation, just price fluctuations within the market.

---

Tariffs can raise prices of goods and services, which is inflationary. However, inflation and disinflation may not be measurable due to a lack of business activity.

The government borrowing $6 billion per day is much, much more inflationary than tariffs.

---

Because there is no additional money supply, tariffs will raise the price of some goods / services, and lower the prices of others.

Because the money that the government is borrowing is basically printed out of thin air, it causes an awful lot of inflation. The more times you go around the Monopoly board, the more expensive everything becomes.

That is how money works.

flown-the-coop said:

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Queso1 said:

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A rate cut is a poison cookie to the middle class, but the benefit goes to DC and corporations. They will continue to destroy us until we are all destitute.

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So higher fed rates benefit the middle class. Got it.

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Sure beats 25% inflation.

Queso1 said:

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In my opinion, you both may be wrong. Out of control spending and money printing is responsible.

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Money printing is a monetary phenomenon. All inflation is a monetary phenomenon.

A really smart person told that to me one time. I believe him.

YouBet said:

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1. Goldman Sachs of all people opened their annual investment outlook in 2022 with this line: "One of the biggest surprises of 2021 was the surge in inflation." The sheer idiocy of someone like GS stating that boggles the mind considering how much money we had put into the money supply...something that the supposed premier financial firm on this planet should obviously be aware of.

---

You know who wasn't surprised by the surge of inflation in 2021?

The sharps at Goldman Sachs. They earned a ROE that was higher than the amount of money they made during any year since the MBS financial crises.

If you are betting on the market, and the way to make money is being smarter than the market, why would you warn the market about which way the market was going to go?

If you want to make money investing reading GS investment analysis, just look for places where they are completely silent, and investigate there.

BusterAg said:

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YouBet said:

---

1. Goldman Sachs of all people opened their annual investment outlook in 2022 with this line: "One of the biggest surprises of 2021 was the surge in inflation." The sheer idiocy of someone like GS stating that boggles the mind considering how much money we had put into the money supply...something that the supposed premier financial firm on this planet should obviously be aware of.

---

You know who wasn't surprised by the surge of inflation in 2021?

The sharps at Goldman Sachs. They earned a ROE that was higher than the amount of money they made during any year since the MBS financial crises.

If you are betting on the market, and the way to make money is being smarter than the market, why would you warn the market about which way the market was going to go?

If you want to make money investing reading GS investment analysis, just look for places where they are completely silent, and investigate there.

---

Gold probably a good bet then. They hate gold.

BusterAg said:

---

tysker said:

---

BusterAg said:

---

ETFan said:

---

- housing sector remains weak
- tariffs causing inflation
- job market cooling
- rate cut

anything else?

Are we getting numbers ever again or just "hot" "cold" "trust me bro".

---

Inflation is always a monetary phenomenon.

Tariffs are not a monetary phenomenon.

Tariffs do not cause inflation, just price fluctuations within the market.

---

Tariffs can raise prices of goods and services, which is inflationary. However, inflation and disinflation may not be measurable due to a lack of business activity.

The government borrowing $6 billion per day is much, much more inflationary than tariffs.

---

Because there is no additional money supply, tariffs will raise the price of some goods / services, and lower the prices of others.

Because the money that the government is borrowing is basically printed out of thin air, it causes an awful lot of inflation. The more times you go around the Monopoly board, the more expensive everything becomes.

That is how money works.

---

You're blind spot is not asking why there is money printing. And you should consider using the full Friedman quote for context, especially when suggesting tariffs are not ultimately inflationary.

Quote:

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Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.

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Output production is also important. As are bank reserves and demand for goods, especially the demand for money. Inflation is a result of numerous inputs that manifests itself via monetary policy.