I agree that costs (tariffs) get passed on to the consumer. But that means higher costs for the products. Higher costs almost always mean fewer sales. So it seems to me the country providing the product will still see reduced revenue.

I don't usually read yahoo news, but because of this post, I checked it out for myself. Marcie Gordon isn't the one coming up with the data. She is writing ABOUT the data. The data is the actual data. It is factual, no matter who is writing about it.

The facts really are the facts. If some 4th grader wrote about it for her math class, it would still be true.

If one of your pre-school kids pointed to the actual survey results from the actual survey, and said "MOMMY MINE!" the results would be exactly the same.

[QUOTE=ColdNoMore;1674409][SIZE="2"]
Source?[QUOTE]

You are quoting a different metric from a different source. My post referenced the gross increase.

All this talk about the "Great Seers", Economists, reminds me of the oft quoted comment that "the majority of economists have successfully predicted 10 of the last 6 recessions".

Attitude and the media matter. If the media spews slanted news as it appears to be doing again, attitude gets negative. And when attitude gets negative....

I am thinking they could have found somebody else to write the article. A nice math major would be good, or even a person with a business education. I am growing so tired of the media and their negative headlines and then something altogether different in the body of the article. And I am tired of people on this forum who are cheering for an economic downturn just to get back at the President who is a bumble mouth granted.. THAT is ugly and very transparent.

But at least the man has accomplished many good things including a robust economy, beefing up the military so we won't be sitting ducks and trying to keep the border secure which is extremely popular from both sides. I think it is safe to say that Americans welcome and applaud all hardworking people with good values and strong family ethics and do not want drug and human trafficking.

According to a MSN poll I read yesterday, 70% of those polled wanted strong borders.

Back on topic.


Slowdown or Recession?



72%...YES.




:D

Don't you people ever leave the house? It looks like you've spent all day sniping at each other. Will there eventually be a recession? Yes, of course. The fact that 72% of the economists surveyed say yes doesn't mean squat. Could it happen in 2024? Yes. Could it happen next week? Yes. Leave the house. Plant some flowers. Play some golf. Kick a dog. This may save you from the stroke you are heading for.

LOL! There ya go!!

The economy is just like the climate...the only thing constant is change. :)

some people just have to have the last word.

:bigbow::bigbow::bigbow: :bigbow: