Do you know what I haven't heard about recently? The Great Reset.

please go read a basic economics text before you spout in ignorance

 

Tell everyone. Then we can stop electing presidents based on how the economy happened to be doing during their tenure even though they really didn't have much to do with it.

 

Lol. You funny guy. Funny guy that makes things up.

 

Ok, this will take a while to express.

In 2020, in the early days of the COVID-19 pandemic, the World Economic Forum developed a pro-environmental and altering-capitalism agenda. Called "The Great Reset" it would alter the economy and change how we live, work, and share in economic prosperity.

It gained notoriety with, among other things, the Great Reset agenda video where "You will own nothing and be happy" or, in other words, you will own nothing and you will rent everything from your home to your clothes. All rented.

 

Well that's pretty dumb. I'm certain Biden thinks it's dumb too. I don't know how you're tying this to Biden, but I think you're mistaken.

 

The President has relatively few levers to pull to affect the economy. Regulation adjustment is probably the most commonly used. Tariffs were Trump's signature economic gambit, which angered many rich Democrats and Republicans who make money selling out the US.

But micromanaging? No, when government tries that, especially at the federal level, it's like using a chainsaw to do knee surgery.

Obama's signature crowning failure was Obamacare, and that was largely an act of Congress. Trump's tax cuts were largely an act of Congress.

Nor does the President have direct control over interest rates. He has to convince or strongarm the Fed into changing their course.

 

"John Kerry reveals Biden's devotion to radical 'Great Reset' movement"
'At a panel discussion about the Great Reset hosted by the World Economic Forum in mid-November, former Secretary of State John Kerry - Biden's would-be special presidential envoy for climate - firmly declared that the Biden administration will support the Great Reset and that the Great Reset "will happen with greater speed and with greater intensity than a lot of people might imagine." '

https://www.msn.com/en-us/news/politics/john-kerry-reveals-bidens-devotion-to-radical-great-reset-movement/ar-BB1bBu34

Of course, someone has to say it for Biden, since he's still trying to remember what he had for breakfast, and he's swamped mobilizing internationuhdepressure.

 

Again read a book you're wrong. There are indeed two if not three types of tariffs.

 

I got straight A's in econ. You make things up.

 

The economy reset 6 months ago, 3rd and 4th quarter GDP was huge unemployment dropping like a rock, employers now are BEGGING for workers to come back to work. What exactly is Biden going to reset and if it is like the Obama/Biden 2009 reset NO THANK YOU that was the worst recovery in modern history.

 

Trump merely got the government off the regulatory back of business, cut their cost of doing business and got out of the way and he'd be the first to tell you that. He credits American business and workers and applauded them. Biden and the Dems want to convince you that only through he and them can you ever achieve prosperity so let us take more of your money and then give it to you. Now just as in 2009 the best thing he could do would be to insure the Trump tax rates stay in place, issue a moratorium on new business regulations and then roll back the COVID direct payments then get out of the way. Unfortunately he is doing exactly the opposite.

 

All the while whispering seductively in ears (while sniffing) about how special you are .. entitled to be coddled and taken care of. That you never need soil your soft and special hands with that nasty, racist Personal Responsibility bulls!t. Just relax and let Big Brother take care of everything.

 

The man that never met a tariff he did not love got out of the way and cut cost!

It is like you people were living on a different planet the last 4 years

Not unlike Trump standing on a stage and telling America that "only he can fix it"?

 

Trump: "And your taxes will be doubled, tripled and quadrupled. Your jobs will be gone. I mean, you’re going to have a depression, if that happens… The biggest single headwind [to the stock market] is if he got in.” Well, we are still waiting for the crash and the depression.

Of course, the market "could" crash anytime because.... So, keep fearmongering. It worked so well for Trump.

 

That you or I are not aware of any given event or facts DOES NOT MEAN the facts do not exist.

 

Sorry, I couldn't get past the first sentence without getting a sore stomach from laughing so hard.

 

Facts make you laugh?

 

Another knee-slapper. You guys are a riot.

Fact: Tariffs pile more government intervention on the regulatory back of business. Not less.
Fact: Tariffs increase the cost of doing business. They do not cut the cost of doing business.
Fact: Tariffs get in the way, not out of the way.

Trump's tariffs are, collectively, the biggest tax increase we've had since the 90s. I got to see firsthand how they disrupted business, wreaking havoc on supply chains. So, yeah, I think it is absolutely hilarious when Trump supporters try to pass him off as some kind of pro-business leader who reduced government intervention in business.

 

Where did I go wrong then?

Lack of response noted again.

The story of two steel companies both former customers. Mill with an arc furnace was able to not only expand that mill but announce a new one in TX. The other imported slab steel from Brazil, they have announce they will be building an arc furnace now to produce their own slabs and will not only roll their own but sell slabs to other mills. Both mills expanding their rolling and coating capabilities. Thousands of new jobs. This also means we can process more scrap steel here, the first mill the first to develop a means to produce auto quality still from scrap. The tariffs played a HUGE roll in that and the increased domestic competition will bring prices in line with what they were prior to to the tariffs.

"While most experts consider former President Trump’s trade policies to be largely unnecessary and even harmful to U.S. interests, a new study from a left-leaning think tank found that steel tariffs implemented in March 2018 clearly helped American workers.

A report from the Economic Policy Institute (EPI) found that Section 232 measures under Trump, which applied a 25% tariff on imported steel products and a 10% tariff on imported aluminum, protected the domestic steel industry from chronic global excess capacity in major exporting countries.

“These tariffs were directly and simply good for steel producers and their workers,” Robert Scott, a senior economist at EPI, told Yahoo Finance. “It generated more jobs and more investment and more output than the domestic steel industry. … The fact is there was no significant negative impact on the prices of downstream products like cars, one of the biggest users of domestic steel.”
https://finance.yahoo.com/news/trumps-steel-tariffs-biden-infrastructure-201252383.html

 

See previous post.

 

Yes and as I showed with the steel tariffs they worked, he got out of the way and the steel industry is expanding and automakers will use more domestic steel now and thousands of jobs created. But the tariffs were just a minor part of it. Are you denying all the other regulations they got rid of and the lower of taxes to keep that capital in the private markets where it was use to create the jobs to lower the unemployment rates to historic lows and finally see wages and salaries increase?

 

See mine in response.

 

You showed no such thing.

 

Womp womp. Ever hear of the fallacy of the seen and the unseen? No? Most anti-capitalist protectionists haven't.

https://www.brookings.edu/policy202...nefit-american-workers-and-national-security/
https://taxfoundation.org/tariffs-trump-trade-war/
https://www.reuters.com/article/us-...-losses-to-swing-state-michigan-idUSKBN26U161
https://www.latimes.com/politics/st...ker-future-than-when-trump-moved-to-rescue-it
https://www.aier.org/article/trumps-tariffs-did-nothing-to-boost-the-steel-industry/
https://www.americanactionforum.org/research/the-total-cost-of-tariffs/

 

If you have something to say say else I consider it as you don't.