Pasayten's Methow Valley Bulletin Board

Trump's $7,500 tax increase for average families
https://x.com/Brendan_Duke/status/1846244009825439894

Even if you don't look strictly at economic policies you end up with a lot of ugly questions about how the economy will be in a hypothetical future Trump administration.

As just one example, "rounding up" and deporting millions of immigrants will be enormously disruptive all by itself. And also a lot of those immigrants have jobs and all of a sudden nobody will be doing those jobs. Even in the best case it would take time to find Americans willing to do those jobs. In the worst case there might not be anybody. What will happen to those businesses who employ the people to be rounded up? Such a labor shortfall could easily drive double-digit inflation.

The problem with the economy is our perception of the economy is much more about perception than reality. Rising prices are certainly noticeable but we are pretty poor at noticing when prices stop rising. And once people have "baked in" the assumption that prices are rising it can literally take a generation for that assumption to go away. Inflation is also weird because we perceive prices going up at the store as being bad but home prices (if we own a home) or investment prices (if we have investments) going up as good. I'll never figure that one out.

Maybe you don't like Trump as a person, look at this election as a business decision, said Gov Brian Kemp.
Ok, let's look at it as a business decision

https://www.youtube.com/watch?v=Ce3NynoFYSQ