Prices of Goods in the U.S. Did Not Rise At All Despite China Tariff Hike

Well that is an amazing figure since the deficit blew up. Amd the low employment and the economy has nothing to do with Trump. Find one economic metric that has changed slope significantly since he took office.

And what exactly is the wage gain for the bottom 50%. Can you actually provide a number since Trump took office? And give the source.

 

Duh, that Trump didn't cut taxes for the poor as Socratia claimed.

 

Have to. Didn't know there were quotas in the agreement.

 

No you won't.

Trump cures cancer and it would just be "Trump is putting doctors out of a job, we demand he gives us cancer again".

 

Glad to see you can't actually post any gains. And I think among his other stupidities he has already promised a cure for cancer being too stupid to undersand that there isn't one type of cancer but hundreds.

 

Well allow me to dispel the mystery.....

Income isn't the problem. Spending is. You know, like giving illegal aliens 4.5 billion to rush our border.

I gave you a source earlier. I'm not surprised you didn't read it.

 

Oh but I did in my original response to you, that shows those gains in the bottom 50%.

If you had read it, you would have known.

 

So what happens if you have no taxable income but you recieve a tax cut?

 

Nothing!

 

Must have missed where you actually posted the data. Maybe you can post it with the source again, or perhaps for the first time.

 

Oh well here, let me do the actual work for you to make sure you get everything you deserve.

Hitting that back arrow is so very hard, after all.

I wouldn't want you to get a blister.

 

If my tax liability is already 0, but I tax advantage of new tax items that allows me to receive money, what is that called?

 

Be careful with math around here, it upsets people greatly.

 

Oops, just went through all you posts and you posted no actual data. Unless of course you don't know the definition of data.

 

Isn't isn't called a tax reduction if that is your question.

 

You're close.

If I have no tax liability, but use a new tax statute that allows me to receive money from the government; what is that called?

 

Trump tweeted this today...

 

Gee, just 2X ours. Poor babies.

 

No idea what this means.

 

China's GDP is 6.2% compared to our 3.1%.
Of course we won't know till the end of this month what the latest tariffs have done to ours, but the forecasts would say we will lose a lot more than 0.2%. Nobody wins a trade war.

 

Looks like Trump is right again!

4Q 16 Federal revenue from Customs Duties were $37.148B
Today they are $75.182B

Very nice Mr. President!

 

Very impressive.

I credit Trumps uncommon knowledge of these issues,

 

He is a very stable genius blessed with a very large brain, so uncommonly fertile that he uses himself as a source.

 

Doesn't it just mean we bought a lot of stuff from China?
And that the American people have to pay more for it?

 

Not on balance, if anything prices are unexpectedly tame.

So what? If American Consumers are no longer competing with Chinese consumers, what happens to the prices of those goods that we produce here?

OK, look it up. Here, I'll do it for you.

Trade deficit with China YTD compared to last year

Jan - May 2018 $-152,136.90M
Jan - May 2019 $-137,076.70M

https://www.census.gov/foreign-trade/balance/c5700.html