Tariffs + Oil embargo = Bad economy
There are different ways to predict the future, which is especially important when trying to craft a family budget during a period of rapidly rising prices. Whether it is relying on the nightly news, personal past experiences or education, each person has a method to come up with their own dollar estimates. Personally as an engineer, mechanical, fluid and electrical systems are much easier for me to predict than human decisions affecting prices on any given day, but some financial and economic trends are getting pretty easy to predict lately.
With that said, engineers have to be more reality based than some other Americans to avoid catastrophic failures, injury or worse. Engineers use real math and are bound by the laws of physics, which are laws that even skilled politicians can’t break. It doesn’t take an economics or history expert to predict that the current U.S. imposed tariffs combined with the U.S. imposed oil embargo, that have already made numerous everyday items more expensive, are going to result in severe economic impacts to the United States.
This might be a good time to vote with your wallet and get rid of the tariff and oil embargo supporters in New Hampshire and Washington, D.C. when you can.