Tuesday, March 4, 2025

US tariffs are / will not be inflationary ...

there are uneducated people - those who don't know. and then there are stupids - educated but still don't know / understand  - aka Dems .. 

first of all both Canadian and Mexican companies will bite the tariffs; otherwise, how long can they hold on to those eggs, tomatoes & avocados .. but economics is not a single-variable math .. look at the USD vs CAN$ (10% down since LY) and Mexican pesos (20% down since LY)  ... & even if they raise prices, which they won't - you will still pay the say the same due to exchange rates shift ..!

crude has goes down from $85 to $67 today ..  give the man some credit that he is delivering what he promised .. unlike the other administration who paid $350B to Ukraine without any return in sight .. spent over 3 years - cost of War to US $0.35B daily .. WTF ?

it's the people of Canada w& Mexico who will be hurting as they had a free ride in last 30-40 years due to the agreements signed by previous administrations  - & here we are under $36T of debt ..!

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dems say that premium will go up by 30p ...

If we don't save ACA ... affordable care act ..? Do you see the irony here ... an affordable act and premium are rising ..!