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If This Isn’t an Emergency, What Is? The Tariff issue is not the slam dunk people surmise!

Posted on 11/12/25 at 9:39 am
Posted by Timeoday
Easter Island
Member since Aug 2020
16561 posts
Posted on 11/12/25 at 9:39 am
quote:

The Trade Deficit

In 2024, for example, China quietly announced massive export controls on rare earths — primarily such critical electronics materials as neodymium magnets. They set these to be effective in 2025, so the press reported it as if it was a reaction to President Trump’s tariffs, but China introduced this assault on our economy during the Biden-Harris regime’s final year.

We have trade deficits with most countries. This means we import more goods, by value, than we export. Supply-siders have always argued that there’s nothing intrinsically wrong with this; it could mean that our country is getting more for our money than the other country is getting. We send them dollars for their goods, and if they don’t buy goods with them, then they’ve just got useless paper until they spend it on our goods.

The problem there is that they don’t sit on our dollars; they spend them on things other than physical goods, causing new and worse problems. What have the Chinese done with its surplus dollars, for example? They buy up our housing, our farmland, our businesses. They plant students and professors in our colleges to spy for the CCP; they invest in our stock market so they can control our public companies. Our trade deficit — with many countries, not just China — has enabled dangerous relationships of all kinds in all sectors to balloon.

Defeating Us From Within.....

quote:

...... we have been in an international trade emergency for decades now. Flyover country understands it, even if the coastal establishment doesn’t.

In Federalist #70, Alexander Hamilton envisioned a time when Congress would be too confused, too slow-acting, too distant, or too factionally divided to act, and he called for “energy in the executive” when such urgent needs arose.

Through Sections 301 and 232, through the IEPPA and all the other legislation that the Trump administration has utilized, Congress laid the groundwork for President Trump to do what is necessary now that his action is needed.

With these tools, he and his team have made immense progress for our country in just this first year. To remove these arrows from their quiver, when they have already performed so well, would be economic suicide, cultural suicide, and national security suicide as well.
Posted by Flats
Member since Jul 2019
26705 posts
Posted on 11/12/25 at 9:43 am to
quote:

they spend them on things other than physical goods, causing new and worse problems. What have the Chinese done with its surplus dollars, for example? They buy up our housing, our farmland, our businesses.


I'm not a journalist or an economist, but I'm pretty sure housing and farmland are physical goods. Most businesses would be as well.
Posted by Taxing Authority
Houston
Member since Feb 2010
62409 posts
Posted on 11/12/25 at 9:47 am to
quote:

I'm not a journalist or an economist, but I'm pretty sure housing and farmland are physical goods. Most businesses would be as well.
And the “point” he is trying to make is that domestic reinvestment and return of capital is a bad thing.
Posted by Powerman
Member since Jan 2004
170130 posts
Posted on 11/12/25 at 9:49 am to
The trade deficit isn't an emergency

The budget deficit is an emergency and Donnie is floating the idea of sending out welfare checks that would grow the deficit
Posted by Timeoday
Easter Island
Member since Aug 2020
16561 posts
Posted on 11/12/25 at 9:57 am to
Velocity is needed whether by check or tax credit. Bessent is talking tax credit. I believe the tariffs are here to stay.
This post was edited on 11/12/25 at 9:59 am
Posted by Victor R Franko
Member since Dec 2021
1942 posts
Posted on 11/12/25 at 9:57 am to
Was this argued or mentioned at USSC hearing?
Seems reasonable.
Posted by Timeoday
Easter Island
Member since Aug 2020
16561 posts
Posted on 11/12/25 at 10:04 am to
quote:

Was this argued or mentioned at USSC hearing?
Seems reasonable.


I have not looked at the SCOTUS arguments, but there is more than one way to skin the tariff cat if SCOTUS decides against the current status quo. I noted John Roberts, a Bushite, called the tariffs a tax. Meanwhile, the admin is talking about income tax credits due to tariff revenue.

The hands still come out clean. Frig' Roberts. Maybe an investigation needs to be opened into Roberts' adoption of children. Maybe!!
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