re: Americans starting to lose their jobs bc of Trump's tariffs

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The first tariffs in both directions are scheduled to take effect July 6

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This is a lie, China has had them in place for decades

This is one area where I believe Trump is making a mistake. The stock market also believes it because it has been down practically every day since Trump announced the tariffs. For every steel worker these tariffs benefit there is going to be a worker at an automobile plant, a farm implement plant or any other factory that uses steel as a raw material that is going to be negatively affected by this. Economics aren't influenced by who makes a decision they are only influenced by what that decision is. Tariffs have never worked long term and they never will. This has been proven true no matter whether it is a Democrat in the White House applying them or a Republican in the White House applying them.

Also the timing of this is stupid. The full brunt of the tariffs won't be felt in the economic statistics until about three months from now when the third quarter statistics come out. These will be the last statistics to come out before the midterms which will give the Democrats ammunition against Republicans who campaign on the economy. If Trump was absolutely hell bent on doing this he should have waited until after the midterms to roll this out.

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Even if a trillion jobs were created bc of Trump's tariffs...

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It doesn't change the fact that some people are losing their jobs because of tariffs

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wow. ........

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Now do the 500 jobs that were added at US Steel in Granite City

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Plus another 450 jobs in Boothel with the Aluminum smelter firing up 2 pot lines!

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his supporters said the "real" unemployment rate was really 44%

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never saw claims that high. even with his part time and government jobs. if he can claim those jobs then so can trump right?

next we will hear how obamas record regulations helped the economy.

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Furthermore, the Obama administration’s job creation statistics are not without controversy. Western Journal reported in Nov. 2015, 95 million Americans were not in the workforce, or were leaving the workforce, a possible result of a large baby boomer population approaching or already into
retirement age.

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here are annual GDP numbers

2009: -2.8 percent

2010: 2.5 percent

2011: 1.6 percent

2012: 2.2 percent

2013: 1.7 percent

2014: 2.6 percent

2015: 2.9 percent

2016: 1.5 percent

look at his overall average. 1.5%!

2017: 2.3% and looking up 2.3% so far this year. aiming for 4% eventually.


this is the lowest jobless claim in 44.5 years right now!

LINK

now labor participation is still low 62.7% but not obama record level lows of 62.3% since carter. look it up!

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Now. I’m no math wizard. But -260+300=40

So..... your own link just shattered your own thread title....


You, sir. Have failed.

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maybe he likes fuzzy math

I was just at a procurement forum for refinery projects and the tariffs will certainly postpone or shelve major capital projects.

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what about the people near Vacherie that work at the grain elevators that send those beans out? Do you care about them?

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Did you think all of these problems could be fixed without any side effects whatsoever? If that were true, wouldn't they have been fixed long ago?

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Did I miss something? Last I checked, every major economic indicator was historically positive. If your goal is to legislate only when there are zero consequences, then you’ll never legislate. What do you think will happen to these farmers when immigration gets fixed? Should we just continue to let illegals pour in?