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#economics

575 posts196 participants87 posts today
Continued thread

Your lack of becoming a millionaire, billionaire, or future, trillionaire is not a reflection of yourself being lazy, or lacking any ambition.

You have not failed in life, nor have you wasted your life, simply because you are similar to the average person, who will never wake up wealthy through hard work and determination.

#Capitalism #Economics

If tariffs end up harming the importer's economy as much as the exporter's (as many economists argue, by virtue of their impact on inflation & the slowness of likely import substitution activity), then Trump's tariffs look likely to be felt hardest in the mid-West.... which is not going to do his popularity much good (but on the other hand as he will not face election again, he may not care).