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SQUEEKY2's avatar

Did Trump knowingly lie, on the campaign when he said he would bring inflation and fuel costs down?

Asked by SQUEEKY2 (23467points) 2 days ago

When his tariffs will have the opposite effect.
Just an example 60% of all us imported oil comes from Canada.
Another example 90% of avocados, and 80% of tomatoes come from Mexico think consumers are going to feel that when these tariffs take place?
I don’t think he ever wanted to bring inflation down.

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32 Answers

SQUEEKY2's avatar

And I don’t think he gave a thought about retaliatory tariffs countries are going slap against the US, and to say he could bring the cost of groceries down, what a flat out lie.

Dutchess_III's avatar

He doesn’t even begin to understand what “inflation” is except as it relates to his penis.

Dutchess_III's avatar

He doesn’t comprehend anything @SQUEEKY2.

Smashley's avatar

Please. Tell a time he didn’t lie.

What will happen is unknowable, but that he will lie about it is stone fact.

cheebdragon's avatar

Did you forget that he’s not officially the president yet?

seawulf575's avatar

No, I don’t think so. He implemented tariffs during his first term and it didn’t cause prices to skyrocket. Things like importing oil is another one where, during his first term, he got us energy independent. We did import oil, but didn’t NEED to. Biden was the one that put us back at the mercy of foreign oil and drove gas prices (and by extension all other prices) sky high. History tells another story from the one the leftist media spins.

The fear of a trade war could be real, if the other countries don’t want to play fair. If he implements tariffs and the other countries just want to cut off the flow of commodities to us, it could result in prices going up here or shortages happening. But most countries do business with the US because we are a huge market place. So cutting us off would be cutting off a whole lot of profit from their own people. Most economies can’t withstand that sort of damage for any length of time.

elbanditoroso's avatar

All politicians lie. It is part of the job description. Both republicans and democrats. And election -based lies (promises) are particularly common.

So this is business as usual.

janbb's avatar

Did he open his mouth?

SQUEEKY2's avatar

@janbb why yes he did and enough voters actually believed his out right lie.

jca2's avatar

Even though it’s not predicted to bring costs down, it will be interesting to see what happens, and interesting to see if and when it doesn’t happen, what Trump will say about it.

One of the things his campaign ran on was “are you better off now than you were four years ago?” Since inflation is up presently, rents are up, people are struggling, the answer for most people is “no.” However, the world is a different place than it was four years ago, when Covid hit and all of a sudden, things we took for granted like toilet paper and sanitizers were in short supply. Now, it’s still very difficult to get things like auto parts. My mechanic tells me that even though they source things from the entire U.S., it may take up to 10 months to get certain parts because they’re just not available. The work force changed in the US (and probably elsewhere), supply chains changed, manufacturing changed, shipping changed, all kinds of things changed in ways that weren’t predicted.

The ball is in Republicans’ court. Let’s see their new ideas and see what happens when they wave their magic wand. If things are not better, then maybe the pendulum will swing in the other direction the next few elections. Trump will have no excuse, because he’s got the Republicans behind him in the House and Senate, and there’s no pandemic to blame things on.

SQUEEKY2's avatar

Well one thing you can be certain of if these 25% tariffs do take place, the companies paying these costs are not going to absorb it they will pass it to the consumers so fast you won’t believe it, now tell me that won’t spike another round of inflation just wonder how they will blame the Democrats for this coming spike?

Caravanfan's avatar

“Did Trump knowingly lie”
Buahahahahahahahahahaaaaaaaaaa!!!!!!
(Deep wheeze)
Buahahahahahahahahahahaaaaaaaaaaa!!!!

SQUEEKY2's avatar

I think I should have said does Trump know when he is lying?

JLeslie's avatar

We already are trending with lower inflation.

I think he really believes in his tariff policy.

SQUEEKY2's avatar

Add 25% to all imported goods and commodities from your 2 largest trading partners and see how well it stays lower.

JLeslie's avatar

^^I think he is hoping they will lower their tariffs.

Blackberry's avatar

Why even ask the question? You know the answer…..

jca2's avatar

@JLeslie it may be lower inflation than it was at its peak, but it’s still inflation more than it was five years ago. I don’t think prices will ever drop to what they used to be, except maybe on some “optional” items like soda.

Zaku's avatar

I think you are correct.

I think the only sliver of plausible deniability, lies in Trump’s apparent ignorance and apathy toward understanding or caring about anything not related to his own personal interests.

But ignorance can’t account for all of it, because of how closely his various suggestions, plans, and appointments have matched what Putin or some other deliberate saboteur of our nation’s interests would deliberately choose.

JLeslie's avatar

@jca2 I agree. Some prices have already dropped over the past year. I’m buying lots of grocery items cheaper now than a year ago, but most products just levelled off. Inflation is 2.75% now. It was over 4% in 2021 and 8% in 2022, so the rate is trending back down again.

Housing was ridiculous during Trump, the extremely low interest rate was a bonanza for real estate investors. I am sure he would love to help his real estate friends out with that again. I know supposedly the interest rate has little to do with the president, but I can’t ignore the timing.

Gas has already come back down to what I would call “normal” levels looking at the last 20 years. We have had higher and lower, but the current prices are more or less in the mean average.

People kept buying eggs at $4, $5 and $6 so the prices will stay up there. Same with milk. If people don’t want price regulation then they need to understand how the free market works. Last I looked dairy farmers are doing well, especially large farms.

jca2's avatar

Gas here at Costco in CT is 2.69 per gallon which isn’t bad.

Eggs, they say the price was high due to bird flu. I can get 2 dozen at Costco for 5 or 6 dollars, or I can get a dozen from a local farm for 6 dollars.

I long for the days when the supermarkets, before a big holiday, would have butter for 2 dollars a pound and eggs for 2 dollars a pound.

JLeslie's avatar

I am surprised you have $2.69 gas a gallon up there, I think that is great. We were at $2.90 ish yesterday. A little lower at some stations and higher at others. Larger cities in Florida are usually about 40 cents more than where I live.

Tropical_Willie's avatar

Lower inflation . . .may mean recession – that what reduce costs across the board !

But tariffs will drive prices up (Inflation) on imported goods.

flutherother's avatar

Trump doesn’t lie he just has no conception of the truth. He can say six contradictory things before breakfast with no sense of embarrassment or shame.

jca2's avatar

@JLeslie and when you compare gas orices to Costco, yse the credit orice to compare, because Costco is credit only.

Kropotkin's avatar

Tariffs are basically a consumption tax. Taxes reduce spending power and consumption (in this case by making things less affordable).

The medium to long term effect will be deflationary, maybe even to the point of causing a recession unless offset by increased fiscal spending.

Not really a lie. Maybe even honest, but still stupid.

JLeslie's avatar

Could increase US production, and US made goods might increase sales if it is done in a reasonable way. My impression is Trump mostly wants to use it as a bargaining chip.

Could get easily screwed up and hurt the US.

We’ll see.

elbanditoroso's avatar

Remember Trump did the tariff thing the first time he was president, and prices did NOT moderate or go down; in each case (cars, electronics, etc.) the manufacturers simply added to the sales price to offset the tariff.

Yes, a handful of companies started manufacturing in the US, but in the aggregate, nothing to speak of.

Deporting low-wage workers is going to raise inflation much more since higher wages will have to be paid to those who remain.

Forever_Free's avatar

HAHAHAHAHAHAHAHAHAHAHAHAHAHA

JLeslie's avatar

@elbanditoroso Underpaying immigrants isn’t a good thing either. It’s akin to slave labor if it’s very low. I wonder what the pay difference is. The big problem is the obsession with a huge bottom line. How do we change that though? If suddenly a public company would be willing to make half the profit, stock prices would tumble.

MrGrimm888's avatar

Trump has a very poor understanding, of most things.
And he makes NO effort, to understand things. He just wants people to agree with him.

He IS a habitual liar.

However. What Trump does, more than anything, is talk out of his ass.
And since he’s sadly SO ignorant about SO much, it’s hard to assign intent to all he says…

RocketGuy's avatar

When Trump does his accordion hands, he is knowingly lying => 100% false. When he has a story about someone calling him “sir” => 100% false. When he is just yakking, sometimes there is a sprinkling of truth that makes him look good => less than 100% false.

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