Harris & Trump say their plans will lower inflation. Will they?
ฝัง
- เผยแพร่เมื่อ 17 ก.ย. 2024
- Will a change in office help or hurt the cooling inflation trend we’re seeing? In this podcast episode of Capitol Gains, host Rachelle Akuffo is joined by Washington correspondent Ben Werschkul and columnist Rick Newman as they discuss debt and inflation following the release of Vice President Harris's economic plan for housing and tax credits. “Both sides are proposing ideas that would be inflationary, not deflationary,” Werschkul points out. Harris is pushing a tax credit for home buyers that “could push prices” higher. Meanwhile, Trump’s tariff strategy could also lead to rising costs. Trump’s "approach-60% tariffs on China and 20% on everyone else-could lead to between $2,600 and a for a, a family, or $3,900, depending on different estimates,” adds Weschkul. “The professional economists who are looking at what they say they want to do,” remarks Newman. “Are saying no, it's going to do the opposite… their policies are actually going to make inflation worse.” Jaret Seiberg, Washington Research Group's managing director of TD Cowan, joins the conversation to explain what it all means in the long term.Watch more episodes of Capitol Gains here.
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I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
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Why everyone is talking about AWS?
The government has a spending problem that needs addressed
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The democrats had the Inflation Reduction Act which made inflation worse.
They wont. They want to give out housing discounts which will inflate housing prices even more.
Do you guys ever read the Wall Street Journal? Last year on July 2021, the WSJ reported that the Saudi Owned MOTIVA Oil Refinery in Port Arthur, Texas (NATIONS LARGEST REFINERY) CANCELLED their $6.4 Billion Plant Expansion, and we lost about 5K jobs, after Biden Nixed the Keystone Pipeline. This expansion would have increased the supply of gasoline and would have lowered the price of Gas for all and would have resulted in DeInflation. Port Arthur, is a city that has a 27.5% poverty rating and where 38.1% of the population are African Americans. Last Presidential election, for the first time since the Civil War, our Heavily Unionized Democrat Controlled County (Jefferson) voted for a Republican Presidnetial Candidate (TRUMP). Also, our local Republican party elected the first ever African American Chairman. Union members and African Americans are switching. Also, you failed to report that over 10 Oil Refineries have shuttered in the last 8 years.
Ah, censored responses.... i will tone it down. The debt and balanced budget is all that ever matters!!
Fixing inflation is so easy, Stop printing coins. Done.
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controlling inflation is a wet dream... FED should lower interest rates by .5% point this year and hold off till Q1 of 25 for the next adjustment
During Donald Trump's presidency, the inflation rate rose by 7.75%, and the poverty rate climbed by 1.76%. The Republican-led state of Florida has the highest year-over-year inflation rate in the United States.
According to investopedia inflation was 1.9 yoy inflation during Trump Biden inflation is 5.7 that after they changed the way they count inflation, food,gas,housing,cars,insurance all doubled since Biden came in office. Inflation is high in red states I’m sure some of that was mass migration from blue states driving up prices I’m just guessing on that part
Joe Biden’s presidency and using the standard measures for comparing inflation and wages, inflation has increased 19.3% since January 2021. Donald Trump (2017-2021)
Average Inflation Rate: 1.9%. Joe Biden (2021-)
Average Inflation Rate: 5.7%*
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