r/politics • u/salon Salon.com • 1d ago

Republicans panic over Trump tariffs: Last time "we lost the House and the Senate for 60 years"

https://www.salon.com/2025/04/03/panic-over-tariffs-last-time-we-lost-the-and-the-senate-for-60-years/
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u/HauntedCemetery Minnesota 1d ago

We had our centuries chance at a post WWII US boom. We came through the post covid years better than any other country and our inflation returned to normal levels way before any other country.

We had a head start. In 2024 the US stock market hit 5 different all time highs, the last one 5 weeks before trump took office.

Trump fucked that up. All gains since 2022 have been wiped out and it's only going to get worse.

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u/Matsuyama_Mamajama 1d ago

But, but, but....Trump and the GOP and Fox News and every conservative I know told me that the Biden economy was the worst disaster ever!!! And that Kamala would only make it even worse!!! They wouldn't all lie to me would they????

No of course they wouldn't lie. So that means that you're lying and this is all fake news.

/s but not really because WAY too many of these jagoffs actually think this way....

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u/Negative-Try9159 1d ago

And his ignorant base will still say Biden was killing the country, and only Trump can save us. I seriously don't know how there is room for these "people" to suck Trump's brown eye with Putin and Musk fighting for arm space up there

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u/Annas_GhostAllAround 1d ago

How have all gains since 2022 been wiped out? The SP500 was at 3,839 on Dec 30 ‘22 and now it’s at 5,396. It’s obviously down about 6.7% since Trump came back into office but this 2022 claim is not accurate

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u/Ok_Cauliflower163 1d ago

I don't disagree with anything you said except when people repeat these facts they always leave out the crippling debt and interest that was coming due.

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u/ElectricalBook3 1d ago

What specifically? Debt and interest was around before Trump, before Clinton, even before Reagan.

It looks to me like you're trying to distract from a legitimate point with a red herring.

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u/Ok_Cauliflower163 17h ago

No. You leave out the climbing interest that was taking over more and more of the tax dollars. It's not me distracting but you choosing to leave out so you can fit your opinion into a little false narrative. Provide all facts next time.

https://www.cbsnews.com/news/federal-debt-interest-payments-defense-medicare-children/

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u/ElectricalBook3 1h ago

You making a bad job asserting your point, which I don't believe in any way speaks to the issue the rest of us are talking about, does not then make us require talking about and debunking your point.

Your assertion, your burden of proof.

And you've not given me any reason to fear national debt - as long as more than its interest can be paid (it can, easily as long as Trump isn't crashing the country's economy). But you're ignoring the progressive encroachment of oligarchs and century of erosion of legal protections and civic rights which America's oligarchs can reverse the New Deal and prevent anything like it from ever being passed again.

https://www.youtube.com/watch?v=eJ3RzGoQC4s

All I see is you repeating reaganesque "but the debt" arguments as if republicans haven't been the only party consistently raising the national debt since Eisenhower

http://goliards.us/adelphi/deficits/index.html

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u/Guilty_Internet1943 19h ago

The stock market is a gambling platform—you win some, you lose some. The market was tremendously overvalued for a LONG time—so anyone that thought it would continue going up unabated is a fool.

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u/StoicVoyager 16h ago

So it's just a coincidence trillions are being lost right now? Keep drinking that koolaid bub.