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re: Is Reaganomics and free trade officially dead?
Posted on 5/21/24 at 8:14 am to boogiewoogie1978
Posted on 5/21/24 at 8:14 am to boogiewoogie1978
quote:
quote:
Globalist", the word that can mean literally anything
Um no.
quote:
quote:
The pro-tariff types are literally arguing to raise prices and limit the buying power of consumers (especially the middle class).
That is 100% false
As pointed out in this thread, if you buy into what SFP is selling, the United States was formed as a Socialist nation and remained so until FDR and his free trade saved us.
2
Posted on 5/21/24 at 8:17 am to Back to Scat
quote:
OK.. We put a tariff on avocados, for example... The seller charges the same price, but adds the tariff. The buyer pays more, because of the added tariff, and passes the cost to the consumer.
Who pays?
Depends on the structure of the tariff. With Trump's, he left a loophole that lowered the tariff if you put in a plant in the USA.
Also, try telling anybody in the middle class that Trump's tariffs hurt their pockets. They will laugh.
Posted on 5/21/24 at 8:18 am to BCreed1
quote:
BCreed1
Noted. We will add you to the small list of idiots who doesn't believe tariffs raise prices to consumers.
Posted on 5/21/24 at 8:23 am to Decisions
quote:
A better example would be the steel and aluminum tariffs. You put those on while removing regulations holding back local production and then it’s win-win. The price remains stable for consumers while keeping those dollars inside our own economy turning over multiple times rather than being exported abroad.
Yep and protects American interest. Free Trade has resulted in redistribution of wealth and the relocation of jobs abroad.
Let's take China.... Should China decide to stop trading and go to war over Taiwan, The USA would be crippled in many ways. One of those is medications needed.
It's estimated that 97% is made in China and they could simply cut the USA off. Beijing could simply cut off shipments of antibiotics, cancer drugs and other meds.
And we did that to our selves.
Posted on 5/21/24 at 8:25 am to VolSquatch
I saw this in a thread over this topic. Basically it stated that when it comes down to it, People would rather pay a little bit more and have higher paying jobs than have to rely on assistance to pay a little less.
In the end, it's really about being beholden to foreign nations.
In the end, it's really about being beholden to foreign nations.
Posted on 5/21/24 at 8:27 am to frogtown
quote:
Noted. We will add you to the small list of idiots who doesn't believe tariffs raise prices to consumers.
Add me to what ever you want.
Posted on 5/21/24 at 8:32 am to BCreed1
quote:
Let's take China.... Should China decide to stop trading and go to war over Taiwan, The USA would be crippled in many ways.
China would be crippled much more, though.
quote:
It's estimated that 97% is made in China and they could simply cut the USA off. Beijing could simply cut off shipments of antibiotics, cancer drugs and other meds.
And we wouldn't buy Chinese goods, and they'd become one of the poorer nations on earth pretty quickly.
quote:
Free Trade has resulted in redistribution of wealth and the relocation of jobs abroad.
While creating much better jobs domestically that pay incredibly. Don't forget that.
Posted on 5/21/24 at 8:33 am to BCreed1
quote:
the United States was formed as a Socialist nation and remained so until FDR and his free trade saved us.
Well that's an epic straw man.
Posted on 5/21/24 at 8:33 am to BCreed1
quote:
I saw this in a thread over this topic. Basically it stated that when it comes down to it, People would rather pay a little bit more and have higher paying jobs than have to rely on assistance to pay a little less.
In the end, it's really about being beholden to foreign nations.
I don't think the argument right now is a little more or a little less, its a lot more or a lot less.
Posted on 5/21/24 at 8:35 am to BCreed1
quote:
People would rather pay a little bit more and have higher paying jobs than have to rely on assistance to pay a little less.
This option is already available to consumers.
quote:
it's really about being beholden to foreign nations.
Trade isn't a one-way street.
We are still the richest, most powerful, and most economically advanced country on Earth. You don't think other countries are more beholden to us?
We can do anything China can do. It may take some time and there will be some growing pains in the interim, but we can do it. Nobody else (including China) can do what we do.
We can also find easy, readily-available alternatives to China.
There is no alternative option to the USA for the high-end of our output.
Posted on 5/21/24 at 8:37 am to BCreed1
quote:
Add me to what ever you want.
Will do.
We will get to see this play out in real time in the coming years.
We have Milei who has vowed to get rid of both import and export tariffs by 2025 and Trump who has vowed to put tariffs on all US imports if elected.
It is freedom and free markets versus protectionism and central planning.
Can't wait.
Posted on 5/21/24 at 8:49 am to frogtown
quote:
We will add you to the small list of idiots who doesn't believe tariffs raise prices to consumers.
How much more did the consumers pay on daily used goods during Oranges mean tariffs?
Posted on 5/21/24 at 8:50 am to SlowFlowPro
quote:
quote:
the United States was formed as a Socialist nation and remained so until FDR and his free trade saved us.
Well that's an epic straw man.
No it's not.
Posted on 5/21/24 at 8:51 am to VolSquatch
quote:
I don't think the argument right now is a little more or a little less, its a lot more or a lot less.
Not a single person in my world was not making more than before Trump came into office while never feeling the effects of the big bad tariffs.
Posted on 5/21/24 at 8:54 am to frogtown
quote:
Will do.
We will get to see this play out in real time in the coming years.
Already saw it play out under Trump.
quote:
We have Milei who has vowed to get rid of both import and export tariffs by 2025 and Trump who has vowed to put tariffs on all US imports if elected.
Do not care what Milei has done or said.
quote:
It is freedom and free markets versus protectionism and central planning.
Back to the ole USA was never a free nation until FDR and his policies. We were all just a bunch of little socialists.
Posted on 5/21/24 at 8:55 am to SDVTiger
quote:
How much more did the consumers pay on daily used goods during Oranges mean tariffs?
Bet he brings out a "Free Trade Study" that shows it was EPIC!!! While we all know, we didn't.
Posted on 5/21/24 at 8:58 am to BCreed1
He will do the usual and say 80bil cause CNN said it
They will never ever provide a number to their bullshite
Rogerthecucker tried and broke it down to $12 a year per person
Then got mad and said that wasnt correct
They will never ever provide a number to their bullshite
Rogerthecucker tried and broke it down to $12 a year per person
Then got mad and said that wasnt correct
This post was edited on 5/21/24 at 8:59 am
Posted on 5/21/24 at 8:59 am to BCreed1
quote:
quote:
Already saw it play out under Trump.
No you haven't. You have not seen the effect of universal tariffs on all imports.
This post was edited on 5/21/24 at 9:01 am
Posted on 5/21/24 at 9:00 am to BCreed1
What is the point of a tariff if not to raise prices?
Posted on 5/21/24 at 9:10 am to SDVTiger
quote:
He will do the usual and say 80bil cause CNN said it
What? quote:
Rogerthecucker tried and broke it down to $12 a year per person
Then got mad and said that wasnt correct
I need to read that!
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