Who's really better for the world economy? | Business Beyond
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- เผยแพร่เมื่อ 3 ต.ค. 2024
- America First, or America and Friends? In this edition of Business Beyond, we look at presidential hopefuls Donald Trump and Kamala Harris, and who might be better for the world economy - as examined through the lens of what we know about their planned trade and energy policy. Will Trump's tariff-everything-plan put the United States ahead, or will Harris's multilateralist approach be better all around? Will the plan to "drill, baby, drill" catapult the US into what Trump likes to call energy dominance, or will Harris' lean towards renewables attract more investment? And most importantly - how does this all affect you?
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#trump #harris #businessbeyond
Harris is better.
...In my dreams.
for Ukraine and Ukrainian is saying this
Yeah, I heard that joke before
Out of touch
God protect Ukraine!
Stop putin.
title should be who wil increase USA debt more?
Well, the one who has increased US debt most is Trump.
Trump borrowed like crazy last term. You can expect more debt from him 1000%
No. The question should be who will make itself dictator and destroy our country?
@@okinwonderland9734 $2 TRILLION to the wealthy.
...and faster.
The economy doesn't have feelings. The real question is: Who's better for our freedoms and dignity?
but the economy does have fear
What does dignity mean to you and what does that look like?
When I talk about "high prices" I am not referring to the current inflation number relative to last year, but the effect of cumulative inflation in relation to my pay. My father could work one job and support a wife and five children. Try that today.
That was the dream
I'm working on my 6th decade of life. When my grandfather entered the workforce the minimum wage had the purchasing power of $30 in today's money. Since then executives and investors have seen their purchasing power increase while the workers actually generating that profit have seen their purchasing power decrease...across the board! Nationwide Strike would be the healthiest thing for our economy in the long run!
Dont worry germany Trump promessed that you can keep kebab and shawarma industries 😂
DW sanewashing Trump with that title, like he has a single coherent economic policy
Yep, don't understand them. They take serious what he does not even have, a serious, coherent plan for anything.
9:47 with a straight face this reporter says.....looking right into the camera
How's going to help Europe more than their own citizens and who is going to benefit from the candidates the US or other nations? That's the right question...
Reducing inflation just means prices rise less quickly, it does not mean we will ever see prices lower in relation to income. It is the drip drip drip of increasing price vs current pay that the American worker feels.
Prices are not going back down, that just never happens on a wide scale in an even remotely healthy economy. (So only in times like the great depression in the US.)
We can hope that the current reshoring efforts bring back jobs and increase wages to counteract the price increases that have already happened.
I'm not a US citizen btw.
Well if you thought prices will decrease without causing another great depression, you knew nothing about economics in the first place. When inflation slows down wages will catch up, just like they did in the 90s.
@@szaszm_higher wages mean you need to pay higher taxes, if the income brackets don't change. I don't need a higher paycheck, but more purchasing power.
@@zuzanazuscinova5209 Well, if you make more, you pay more taxes, but you also keep more. Getting into a higher bracket will never reduce your take home pay, the higher rate only applies to the part above the threshold.
Detective of Money Politics is following this very informative content cheers from VK3GFS and 73s from Frank from Melbourne Australia
Kamala will give Xi and Pyutin some extra spicy word salad
She’s clueless and can’t answer simple questions
Protectionism protects industry but does not protect consumers.
Higher tariffs = higher price of cheap goods = less SKU choices on market with less competition = more American only goods that are overly priced = bad for consumer despite giving a temporary jobs for the factories
Maybe the US can help the syringe maker by supplying money for the moving cost to get out of China?
Kamala is better
China is better
Harris is responsible for the current conditions. If you like the current conditions, vote Harris. If you don't, vote Trump.
I don't think the voters care about the world economy. They care about the US Economy and specifically how the economy and economic policies effect their quality of life.
Given that 25% of the US economy is based on foreign trade they should care.
Unemployment in the States just hit 4.1% and is lower than at any point it was under Trump. Inflation is lower than it ever was under Trump.
It seems whatever stat you want, you'll find it improved on Trump. At this point his supporters seem to stop talking facts.
@@burns281981That’s absolutely untrue
@@carlanderson7618They should not
@@editablair2674 I quoted two stats. You didn't even try to specify. You just cross eyed screamed out NO!
So can you actually offer an argument?
According to DW?
Then why are you here. It's a news program that opines about current events. You listen and take from it what you will. There are numerous other outlets for you to watch to take a different stance on.
Germany = can go take a hike
Trump or harris no good period
Your bias is showing
that’s mildly said.
How?
Sure! Trump is hated in Europe. They even ban him to enter 😂
The reporting on tariffs had anti trump people talking. They reported on fracking as a negative. The reporter thinks the US not going with Paris accords is a bad thing. It is a national security issue having to buy energy from a foreign country. Let's produce the energy we have here. The issue that both candidates have an issue with is spending money we don't have. The money is printed and that is inflation. The result is rising prices not price gouging from corporations. It really shows Harris's incompetence of not knowing how economics works.
Both candidates are closely aligned on economic policies. Whether its anti-trust law, tariffs, or deregulation in some areas or regulating other areas, both are just central planners. Both suck!
"As long as the market is controlled, the government is doing a bad job".
Regardless of election results nuclear energy and investing into fusion/geothermal research along with ocean desalination for ground water depletion is very important.
Nuclear energy plants would revitalize many jobs and help the economy overall providing stable middle class income.
Putting a 10% tariff on all imported products will make inflation worse and the inflation we are seeing would have also occured under Trump
experts say that you are right, and penned a letter. I wonder are they like the same experts who penned a letter that the hunter laptop was a risdian disinformation campaign. When I hear the word experts now supporting politics, it leads me to one conclusion. Dishonesty
Look how Rome took care of Inflation and how long it was a problem
"Putting a 10% tariff on all imported products will make inflation worse "
In the mid and long term it promotes reshoring of production.
"the inflation we are seeing would have also occured under Trump"
Except we didn't. However energy futures spiked within days of the Biden/Harris Executive Orders regarding permits and leases. Overall inflation picked up withing weeks of the Biden/Harris stimulus for an economy that was already in recovery from COVID.
That, and US inflation predated the inflation caused by the Ukraine war.
@wisenber days after biden took office he fired 10k oil workers
@@wisenberthat's exactly right. How inflation was so low under Trump while he put in tariffs? It is directly attributable to Biden's policies.
Nobody knows who would be better for the economy because Kamala is yet to have a run as president. What a politician says they're going to do and what they actually do are two completely different things.
"because Kamala is yet to have a run as president."
She's been VP and cast tie breaking votes in the Senate for the entire current term.
But we already experienced Trump policies, so yeah, we can tell how that can play out again.
If you understand basic finance, it’s clear her policies are going to cause serious economic problems. Price fixing? I mean that alone will destroy us.
She doesn’t understand tariffs. She’s incompetent at least in regards to the economy.
@@ugk26 She refuses to fill in any details, but we do have her last 3.5 years as a barometer.
If you want more of the same, vote Harris. If you preferred Trump's outcomes, vote for him.
It's not like we don't have the results of the two to compare.
I don't think the US has ever had two more complete sets of data to compare as the US has only elected a President to non-consecutive terms once before.
Yes we know Harris is acting President and was elected Vice president and has only created the problems she now says she will fix and has done nothing but make these Harris Biden catastrophes worse and worse.
There is a very important Evolutionary tweak to the World Monetary System that would do great things for the diversity of the world.
It would see the world Monetary System Budget in Everyone in the world the monetary means to stay where they are, to build, rebuild, transform existing communities environments. With this in mind, you can see how doing it right, transforming the world monetary system becomes a very great start to many thousands of years.
An Example is : 7000 X 8,100,000,000 X 12
Thank you, Strength And Love.
For world economics ❌USA economy ✔️
There is a very important Evolutionary tweak to the World Monetary System that would do great things for the diversity of the world.
It would see the world Monetary System Budget in Everyone in the world the monetary means to stay where they are, to build, rebuild, transform existing communities environments. With this in mind, you can see how doing it right, transforming the world monetary system becomes a very great start to many thousands of years.
Thank you, Strength And Love.
Ur_inate on the German flag, Ur_inate on the Ukrainian flag
Everyone acts like we didn’t already have Trump as prez. Economy was better. Trump 2024!
Boris Johnson is better!!!
Imagine a woman who was able to sleep her way all the way into the Presidency.
So, imagine a woman? 😝
Also imagine unrealised capital gain tax
So, a English speaking Chinese Woman explaining to me why i shouldn't vote Trump !!! & Vote for Kamala Instead 🤔
She doesn't look Chinese, more like she is from SE Asia or America (the continent, not USA)
😃😃😃😃😄😄😄😄
So English speaking Americans can't have Asian ancestry? 🤔
Loooool 😂
Trump and Kamala compete each other for who is worse than other.
@@袁大陸 Trump clearly wins that one.
@@winterlinde5395uhhh, it is best to BRICS, an isolationist USA means no economical and political competition. And since the world need his supplies, they will look elsewhere.
Going out of the way to spread false narratives about trump
@@MelonHusk7 Like what?
In the partisan bubble anything negative said is a false narrative. It's why we keep getting the choice of the better of two evils. Once those bubbles pop, only then can the American people have a real discussion and candidates worthy of the spot.
That isn't even worth a question ! Of course us Harris better. She is by far better and the only guarantee keeping works economy on track. With a untalented convicted felony like Trump we all would go down the drain and not only the economy, there us so much more we would lose.
Yeah I heard that joke before....
The blood bath isn't auto-related...
His comment referred to the auto industry.
Harris for a stronger economy🎉
TRUMP
He is the best for filling his own pockets.
😄
Well we've already seen the past 4 years...
Trump took over a booming economy and handed over a damaged one. Just like Bush '43. The US economy has actually recovered from the pandemic the best.
Faster way to improve USA’s economy is printing money.
Lol
Best Economics!
...with overcapacity printing
@@happymelon7129
Never mind, USA has had overcapacity debt already.
Its should be who would be beneficial to this news agenda .
Hope Trump back again
Anyone thinking that neither of the two?
That is not an available choice. It is sanity vs insanity.
Totally unbiased journalisming going on here
Hey I’m sure Kamalanism will be great….. for the wealthy
Lol, one talk about how good economy is when he's the president and the other talk how she's raised in middle class house old😂😂😂😂
One trashed our economy, exploding the debt to give tax cuts to billionaires, mismanaging the supply chain, and creating chaos. The other one has been part of the administration that cleaned up the mess Trump created, created the most jobs in history and brought manufacturing back home. Give me a break.
Why is that funny ? There is no correlation.
@@jackshaftoe1715 because americans take politics so seriously. They call themselves a democracy but they only have 2 choices and both were screwed up people. For a outsider this is really entertainment.
meanwhile German economy is booming
If the German knows how to contain China better!😅
Pretty sure it just came out of a recession and is leveling, not booming
"German economy is booming"
Tell the automakers that. They must have missed it.
@@wisenber automakers support Ukraine
@@NONAME-n3j1l What does that have to do with whether cars are being sold or not?
trump
Our government has no idea how people are suffering economically in the world today well, Inflation or no inflation, my finances remain safe, because I earn close to millions of dollars monthly trading cryptocurrencies.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just going into crypto investment , and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Ksenia Alice
She's a licensed broker here in the states
I'm surprised you mentioned and recommended Ksenia Alice. I came across the testimony of one of her clients on CNBC news last week.
She's worse for the general civilian economy due to no compromises on foreign wars and her push against cheaper energy policies which is subsidizing Europe's loss of Russian energy, in the wake of Chinese green tech competition. She also would push for more corporate censorship. She would however have better foreign relations with allies, but would be inspire less passion and criticism. Overall, Kamala would perpetuate the current US policies, as per advised by her admin staff. Trump would cause radical changes, good and bad.
Allen Donald Young Larry Gonzalez Helen
Do not know,or this people follow the flow... money 🥸
First on top of everything they must be real American, American that holds agreement, agreement that name this country American...🥸...
Politics only response.. whom give to them ...if give nothing..is nothing for them... easy 🥸
Harris is better
How? Please explain.
@@chadfallon3378 Only the fact that Trump is a criminal with 34 felony counts is already enough not to bother having him as a US president candidate 🤪.
Ur_inate on the German flag, Ur_inate on the Ukrainian flag