Originally Posted by
Bucking Bar
Trump's "America First" tariffs are a tax on us and a disruption to the global supply chain, especially to American manufacturers. Biden has kept nearly all of Trump's tariffs. The scarcity of goods makes prices higher.
Yes this is correct. Taxation, in any form, is bad.
Originally Posted by
Bucking Bar
Cheap interest rates created a housing bubble again. It is about a perfect storm for inflation.
Wouldn't call it a bubble since supply is still very short compared to demand. But yes, low interest rates absolutely fueled the recent housing price spike.
Then again, this is what happens when the government tries to run the economy.
Originally Posted by
Bucking Bar
The Fed is, and should be, independent of the President.
No, the Fed shouldn't even exist. It's unconstitutional on its face and criminal under the surface.
Originally Posted by
Bucking Bar
removing all of Trump's tariffs should have been almost the first action to lower inflation.
That would be a step in the right direction, yes. Cutting federal spending would be too, but no one can seem to do that, Dems or Republicans.
Originally Posted by
Bucking Bar
January 6th was much more serious than most people treat it.
LOL no it wasn't. It was a joke. A bunch of goofballs walk through the capitol with a few of them doing some damage, but most of them just peacefully there. Never mind the fact they were invited in.
Originally Posted by
Bucking Bar
But I am not sure we will keep our democracy.
Got news for you, the US isn't a "democracy" and never has been.
Originally Posted by
Bucking Bar
I think keeping "we the people" in charge hinges on whether rule-of-law conservatives can take back the Republican party. The politics of personality and frustration with the bureaucrats are forces too strong to hold out against. The grievances are too strong. We need an Eisenhower and I'd take a Ronald Reagan. We need a leader with both respect for law and rhetorical ability.
I'd just be happy with a government that follows the Constitution. But we haven't really had that since day one, so I'm not going to hold my breath.