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Started By
Message
re: Trump's section 301 tariffs were successful. The data proves it.
Posted on 3/11/24 at 8:34 am to RogerTheShrubber
Posted on 3/11/24 at 8:34 am to RogerTheShrubber
quote:
his is amazing.
The reason you dipshits wanted tariffs is because import prices were too low.
So Donny's central planning just lowered them more.
How do you feel about defense contractors that are required to build ships with American steel and build fighter planes with American aluminum when there are no American steel and aluminum manufacturing plants?
Do you understand the technical aspects of American steel and aluminum versus Chinese steel and aluminum...heck even Japanese or South Korean versus Chinese?
Posted on 3/11/24 at 8:34 am to RogerTheShrubber
quote:
Who pays the tax?
The exporter does in lower product price to keep demand constant. If the lower price does not happen then the consumer pays for it.
Posted on 3/11/24 at 8:39 am to Warboo
quote:
The exporter
You, the American consumer do.
In economic terms. Trump penalized the average American worker for wrongthink.
Tariffs are a penalty for you not using overpriced, overregulated American products.
China's growing anti-business sentiment is part of it.
The tariffs were never needed, China was losing mfg already.
quote:
Other countries are seizing this opportunity to gain share in the world's manufacturing efforts. Some of the countries that are becoming popular destinations for companies that are moving manufacturing out of China include Vietnam, India, Mexico, Indonesia, and Bangladesh. These countries offer lower labor costs, a more stable political environment, and closer proximity to major markets.
When you crush China, a new one will rise up. We are overpriced for our own consumers.
This post was edited on 3/11/24 at 8:40 am
Posted on 3/11/24 at 8:40 am to RogerTheShrubber
quote:
Who pays the tax?
Everyone that buys that products where the tariff is embedded. That includes all consumers. Not as broad as the proposed Fair Tax that the many Republicans support but at least it taxes consumers that otherwise pay no income taxes.
Posted on 3/11/24 at 8:41 am to lake chuck fan
quote:
The tariffs actually drive import prices down.
Shooting people in the head is actually good for their health.
Playing craps is the best way to ensure your financial stability.
Snow skiing blindfolded is safer.
Posted on 3/11/24 at 8:43 am to Penrod
Cute you guys mad Trump made trade negotiations that hurt China. Anything he does is bad and same ppl say he didn’t do anything.
Posted on 3/11/24 at 8:44 am to GumboPot
quote:
Do you understand the technical aspects of American steel and aluminum versus Chinese steel and aluminum...heck even Japanese or South Korean versus Chinese?
\Very much so. I was in the steel industry. Estimated, project management. Did field work with engineers and architects, created shop and erection drawings, wrote tech specs.....
Fairgrounds Field in Shreveport was one of my big boondoggles.
Posted on 3/11/24 at 8:44 am to momentoftruth87
That dumbarse just claimed he donated 20k to Orange, called him the idiot and he has the most severe TDS ever
Posted on 3/11/24 at 8:45 am to RogerTheShrubber
I wish you were as emotional about income taxes as you are about tariffs. Income taxes are FAR MORE insidious than tariffs. It's not even close. Income taxes are the fundamental basis for the debt based economy and MMT that you despise so much. Without income taxes the Federal Reserve in coordination of congress cannot operate MMT.
In terms of tax revenue by type tariffs are not even a blip on the federal government tax revenue radar. They are miniscule.
In terms of tax revenue by type tariffs are not even a blip on the federal government tax revenue radar. They are miniscule.
Posted on 3/11/24 at 8:46 am to GumboPot
He was melting about the Trump tax cuts yesterday actually haha
Posted on 3/11/24 at 8:46 am to GumboPot
quote:
I wish you were as emotional about income taxes
They are both part of the same equation.
Cutting taxes is awesome. However if youre doing other things that offset that, youre bad at management if your purpose is economic stability.
Posted on 3/11/24 at 8:47 am to momentoftruth87
quote:
Cute you guys mad Trump made trade negotiations that hurt China
Why do you need to the President to mediate a purchase you make from Home Depot?
Posted on 3/11/24 at 8:50 am to momentoftruth87
quote:
He was melting about the Trump tax cuts yesterday actually haha
Not at all. I pointed out he offset the cuts with spending, which made them worthless.
You;ll pay that back, if you havent already.
Posted on 3/11/24 at 8:54 am to RogerTheShrubber
quote:
They are both part of the same equation.
Thank you.
ALL taxes are bad. They are used to central plan, full stop.
So under that framework we are arguing about how taxes should be implemented to fund the U.S. government. The damn greedy federal government.
Posted on 3/11/24 at 8:54 am to Warboo
quote:
You are being talked to at a level you can understand
Probably. but I usually understand Children very well, being a former teacher.
Try using more adult language.
Posted on 3/11/24 at 8:55 am to RogerTheShrubber
quote:
being a former teacher.
Ahh this is why you act the way you do. Congratulations on the teaching degree
Posted on 3/11/24 at 8:58 am to SlowFlowPro
quote:
Did you read the article?
The price difference wasn't due to tariffs. It was due to currency fluctuations. The article tries to assume this was due to tariffs, but (1) it doesn't really support this argument with data and (2) actually argues against this point implicitly.
quote:
Donald Trump’s tariffs were targeted to specific sectors of imported products. [Steel, Aluminum, and a host of smaller sectors etc.] However, when the EU and China responded by devaluing their currency, that approach hit all products imported, not just the tariff goods.
Because the EU and China were driving up the value of the dollar, everything we were importing became cheaper. Not just imports from Europe and China, but actually imports from everywhere. All imports were entering the U.S. at substantially lower prices.
This meant when we imported products, we were also importing deflation.
quote:
Our own analysis
So...... According to YOUR analysis, the data doesn't support their claim.
Thanks for your offer, but no thanks, I'll stick with the CTH analysis.
Posted on 3/11/24 at 9:01 am to RogerTheShrubber
quote:
Vapid and trite.
Please do better.
Stop using ancient talking points please and talk to us like a human.
The dumbass that tried to convince us that Trump & Vivek, who became wealthy in the private sector before running for their first office as president, are really the career politicians, while Desantis, the ivy league lawyer turned congressman turned governor turned failed presidential candidate turned future senatorial/presidential candidate, is not a career politician is telling someone to do better.
Some people are just born with zero self-awareness.
Posted on 3/11/24 at 9:02 am to lake chuck fan
Today on the Poli Board I learned that taxes are good from these independent reviewers of Trump's economic policies:
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