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Interests:fishing hunting,college football and baseball, politics, investing,
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Number of Posts:12931
Registered on:10/19/2009
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re: Protectionism is not the answer - I B Freeman
[quote]is to force China to increase the value of their Yuan so dollars and pounds are not at such a disadvantage . [/quote] While his treasury secretary just yesterday said he would have a strong dollar policy. How stupid is all this talk?...
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re: Protectionism is not the answer - I B Freeman
[quote]And creates inflation which in turn decreases revenue - unless of course you want central price controls which leads in a whole different discussion. True, but it would also raise the dollar’s exchange rate, which could offset or cancel out some of these other effects in time. The impact...
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re: Protectionism is not the answer - I B Freeman
[quote]When trade is one sided and you simply accept an out of balance situation[/quote] What does that mean? You want to count dollars between countries?? Does that mean we have put tariffs on some country like Columbia because we buy so much coffee from them but their economy is too small...
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re: Protectionism is not the answer - I B Freeman
OPEC and Carter are very good examples of why government interference with markets are a bad idea. No way the OPEC embargo would have had any impact on US supply had price caps initiated by Nixon and continued by Carter not been in place. Reagan ended them his first month in office and no emba...
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re: Protectionism is not the answer - I B Freeman
[quote]. Why answer a question with a question? [/quote] Because you didn't offer anything to back up any thing you said but expect to be hand fed the education you need to actually be posting on the subject....
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re: Protectionism is not the answer - I B Freeman
Link to US tariffs [link=(https://dataweb.usitc.gov/scripts/tariff_current.asp)]LINK[/link] Some are as high as 75%...
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re: Protectionism is not the answer - I B Freeman
[quote]Do you have a link to data regarding our tariffs versus the rest of the world and their tariffs on our goods? [/quote] Do you? I can send you to the link to look at our tariffs but you will have to find the links for the rest of the world....
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re: Protectionism is not the answer - I B Freeman
[quote]Given the current trade deficit, by putting the tax on imports and not taxing exports, we raise revenue. The revenue off the border adjustment will be like $100 billion a year. Issues?[/quote] Yes. First off that is not true and second off why do I care if the government takes in anoth...
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re: Protectionism is not the answer - I B Freeman
[quote]while we do very little which puts us at a disadvantage. [/quote] That is BS. We literally impose tens of thousands tariffs today....
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re: Protectionism is not the answer - I B Freeman
Mnuchin wants a strong dollar--how does that work when you advocate protectionism too?? [link=(http://www.marketwatch.com/story/treasury-yields-steady-as-investors-reset-interest-rate-view-2017-02-23)]LINK[/link]...
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re: Protectionism is not the answer - I B Freeman
What is really extraordinary is how the critics of Chinese monetary policy ignore our own....
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re: Protectionism is not the answer - I B Freeman
[quote] China, given enough time, can bankrupt (or at least force companies to relocate to China) every free market industry one at a time using their economies of scale. This applies mainly to manufacturing, which is where the real economic values come from. [/quote] I understand how you came to...
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re: Protectionism is not the answer - I B Freeman
[quote] Do it via deregulation and market reforms, not protectionism.[/quote] Antonio is exactly right--couple this with lower the very unfair taxes on corporations and the job growth will come....
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re: Protectionism is not the answer - I B Freeman
[quote]I'm also a proponent of free trade, but when your trading partners and your trading opponents play by different rules like dumping product, like devaluing their currency and by under cutting your businesses through their governments; then we have to fight back somehow to level the playing fie...
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re: Protectionism is not the answer - I B Freeman
[quote]Of course it's not the answer. But Trump is a master negotiator and threatening protectionism is a genius tactic to begin negotiations for new truly 'free' trade agreements.[/quote] I don't hear him advocating truly "free" trade but I wish he would. I agree that NAFTA is far from fr...
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Protectionism is not the answer - I B Freeman
Any true conservative should vehemently oppose any attempts to impose a border tax. We have literally thousands of "anti dumping" tariffs already. I almost fell out of my chair when I read an opinion piece in the Washington Post this morning critical of Bannon's speech yesterday. [link=(https:/...
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re: Commentary - Misuse of American Military Power Leaves the Middle East in Chaos - I B Freeman
I agree with the commentary. We should get out of the Middle East today and let the cards fall where they may. Meanwhile I read today: [link=(http://www.mcclatchydc.com/news/nation-world/national/article134603124.html)]Top US General says "full range" Syria Options being prepared for Trump[...
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re: Dow Chemical CEO: All For "Border Adjustment Tax" - I B Freeman
One more thing---there are hundreds of tariffs already in existence in the USA under the auspice of "anti dumping" protection. I am absolutely opposed to new tariffs or border taxes. ...
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re: Dow Chemical CEO: All For "Border Adjustment Tax" - I B Freeman
Trust me I qualified to speak on this subject. Dow wants a border tax and so does DuPont, Monsanto and other US chemical companies. They want the tax because it will be almost like giving them monopolies on a lot of compounds because they are they only ones that have US process to make the co...
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