The president told NBC News he 'couldn't care less' if tariffs raise some auto costs. He also addressed the shocking Signal chat leak and obtaining Greenland.
This will be hilarious, because Teslas don’t even really work for the demographic that goes through vehicles the fastest: heavy duty company trucks, rental vehicle companies, and country-folk who commute 40 miles to work and 50 miles to the city for weekend leisure.
After thinking about it i began to wonder if the whole on/off tariff stuff isn’t a ploy to boost economic numbers temporarily to look good. Imagine if you are a business such as a car rental company that could heavily be affected by a tariffs on cars. Buying a new fleet now could save millions if not hundreds of millions versus waiting until tariffs are enacted. This is the long held basis for target 2% inflation. We saw something like this during Trump’s first term with the Carrier deal in Indiana and Foxconn in Wisconsin. Great news is promoted when the deal is made but not much is said after it fails to pay off. To be fair stuff like this happens and it’s not limited to one party or the other. Another example is the GDP hitting 3% after the 2017 tax cuts, it quickly went back down to 2% the following quarter. The 3% got lots of attention on Fox News, the drop back to 2% and the trillion dollar deficit did not
This will be hilarious, because Teslas don’t even really work for the demographic that goes through vehicles the fastest: heavy duty company trucks, rental vehicle companies, and country-folk who commute 40 miles to work and 50 miles to the city for weekend leisure.
After thinking about it i began to wonder if the whole on/off tariff stuff isn’t a ploy to boost economic numbers temporarily to look good. Imagine if you are a business such as a car rental company that could heavily be affected by a tariffs on cars. Buying a new fleet now could save millions if not hundreds of millions versus waiting until tariffs are enacted. This is the long held basis for target 2% inflation. We saw something like this during Trump’s first term with the Carrier deal in Indiana and Foxconn in Wisconsin. Great news is promoted when the deal is made but not much is said after it fails to pay off. To be fair stuff like this happens and it’s not limited to one party or the other. Another example is the GDP hitting 3% after the 2017 tax cuts, it quickly went back down to 2% the following quarter. The 3% got lots of attention on Fox News, the drop back to 2% and the trillion dollar deficit did not