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In fairness to this report, the report is about tariffs and their impact on...imported goods affected directly by tariffs isn't it? From an overall economic po
by brightball 9mo ago
In fairness to this report, the report is about tariffs and their impact on...imported goods affected directly by tariffs isn't it?
From an overall economic policy standpoint, missing facts that provide context are pretty important especially when you're trying to paint an entire side of the isle as completely brainwashed. Nobody can have a conversation when we create straw men to argue with.
Other relevant context:
- The US trade deficit just hit its lowest points since 2009 due to decreased imports and increased exports, which rose by record amounts.
https://www.reuters.com/business/us-october-trade-deficit-lowest-since-2009-imports-decline-2026-01-08/ https://www.reuters.com/business/us-october-trade-deficit-lo...
- US Q4 2025 GDP grew by 5.5%, outpacing China at 4.5%. For context, over the last 25 years China averages 8% per year while the US average 2.1% per year.
https://www.visualcapitalist.com/top-50-economies-real-gdp-growth-since-2000/ https://www.visualcapitalist.com/top-50-economies-real-gdp-g...
Q4 forecast https://www.atlantafed.org/cqer/research/gdpnow https://www.atlantafed.org/cqer/research/gdpnow
- US inflation has continued to slow at 2.7% with core inflation at 2.6%, continuing the trend from the last 2 years under Biden after a huge 9.1% inflation spike in 2022.
https://usafacts.org/answers/what-is-the-current-inflation-rate/country/united-states/ https://usafacts.org/answers/what-is-the-current-inflation-r...
- US gas prices continued to trend downward by national average, with significant regional drops. I live in South Carolina and filled up for $2.39 / gallon a couple of days ago.
https://www.eia.gov/dnav/pet/hist/leafhandler.ashx?n=pet&s=emm_epmr_pte_nus_dpg&f=m https://www.eia.gov/dnav/pet/hist/leafhandler.ashx?n=pet&s=e...
- The price of eggs have come down significantly, to their lowest rates in 4 years.
https://tradingeconomics.com/commodity/eggs-us https://tradingeconomics.com/commodity/eggs-us
- And the US stock market is at all time highs right now.
https://tradingeconomics.com/united-states/stock-market#:~:text=Historically%2C%20the%20United%20States%20Stock,on%20January%2019%20of%202026. https://tradingeconomics.com/united-states/stock-market#:~:t...
There's a lot of economic doom and gloom in the comments section here that's simply not reflected in the overall economic numbers. It's not perfect, but it's trending in the right direction.
- lovich 9mo ago> The US trade deficit just hit its lowest points since 2009 due to decreased imports and increased exports, which rose by record amounts. Why is this positive? And I’m not implying it’s negative either. It’s just a fact sans context on the effect of the market unless you’ve bought the current admins argument that a trade deficit means you’re getting ripped off. > US Q4 2025 GDP grew by 5.5%, outpacing China at 4.5%. For context, over the last 25 years China averages 8% per year while the US average 2.1% per year. I can find no mention of Q4 gdp results in your linked source, it appears to be looking at annual gdp rates over years and focusing on the US compared to China and India > US inflation has continued to slow at 2.7% with core inflation at 2.6%, continuing the trend from the last 2 years under Biden after a huge 9.1% inflation spike in 2022. Still above the feds target of 2% but it’s good to see it still trending down > US gas prices continued to trend downward by national average, with significant regional drops. I live in South Carolina and filled up for $2.39 / gallon a couple of days ago. It’s winter, prices for gas always drop in winter. Your own source shows that we’re still above pre COVID prices > The price of eggs have come down significantly, to their lowest rates in 4 years. I’m not sure if I’m reading your source correctly but it appears to be saying eggs are $0.45/ dozen That seems implausibly low but I can’t find other sources to compare as every source I’m finding has conflicting information internally, and the price given doesn’t match up with the lowest prices even if I multiply it by 12 assuming I misunderstood price per dozen for price per egg > And the US stock market is at all time highs right now. Yea but over half of that is mag7 and only propped up by the AI bubble. It’s nice temporarily but all the context around the stock market doesn’t make it look particularly healthy atm. The economy looks about as healthy as it did in 2024. I think a lot of people’s views on the health of the economy, whether it’s good or bad, are being more influenced by political leanings than by numbers. Fits with the zeitgeist of the era.
- brightball 9mo agoAdded a link to the original post for the Q4 GDP forecast quickly. > Why is this positive? And I’m not implying it’s negative either. It’s just a fact sans context on the effect of the market unless you’ve bought the current admins argument that a trade deficit means you’re getting ripped off. When would increased exports not be a good thing for any country? The tariff conversation was interesting for me in particular as more of an ideological free trade advocate because I didn't realize just how heavily other countries were applying tariffs goods from the US in some cases. The admin initially stated they were going to apply reciprocal tariff's but those numbers never fully lined up. Anytime you can create an incentive to on-shore production, it's typically good for the country based on jobs, domestic production, supply chains following production, domestic industrial education and training, etc. I never spent too much time thinking about it, but as a negotiation point the US is the worlds biggest importer. That does mean that cheap access to the US market is a valuable tool in those conversations.
- immibis 9mo ago"Trade deficit" is another word for "free stuff" and also another word for "being the world's reserve currency". America receives massive quantities of free stuff from other countries and gets to control the banking system of the entire world as a side effect (this is how it manages to collect taxes from non-resident citizens and how it makes sanctions meaningful). Why doesn't America want that to continue?
- brightball 9mo agoIs there any reason America can’t continue that without giving every critical manufacturing industry to China?
- lovich 9mo agoNo there isn’t a reason to do that, but I want to call out that you asked about “critical” industries and this is a thread about tariffs which the admin put on all products, including inputs to industries. Don’t compare apples to tennis balls. And in regards to the trade deficit, everytime I look at it the numbers it only includes physical products and not services. We’re a heavily service based economy since producing a Facebook is several steps down the tech tree from producing screws. So again I will ask why a trade deficit on products is bad. We’re just buying shit from less complex economies or ones where the comparative advantage of trade works out. We’re not getting ripped off.
- maxerickson 9mo agoDid the price of eggs come down because of tariffs or because of increased imports? Please provide this fact also.
- immibis 9mo agoHow would raising the price of eggs lower the price of eggs?
- matwood 9mo ago> - US inflation has continued to slow at 2.7% with core inflation at 2.6%, continuing the trend from the last 2 years under Biden after a huge 9.1% inflation spike in 2022. Because of the missing data from the shutdown, most financial people are putting the last inflation print closer to 3% which means it's continuing to rise. Bringing up Biden is funny since that's so far in the rear view at this point. You going to also talk about how much stimulus Trump dropped into the economy during COVID? Regardless, Biden was POTUS when inflation spiked and was killed almost as fast as it went up. It was on a nice glide path back to target until Trump through a tariff grenade into the mix.