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re: Economist Oren Cass explains the tariff madness

Posted on 4/4/25 at 10:17 am to
Posted by JimEverett
Member since May 2020
2392 posts
Posted on 4/4/25 at 10:17 am to
Even given what this guy is saying, the approach the Administration is taking still seems way over the top. Like taking a sledgehammer to a nail.

There is no doubt that countries and entities are providing benefits that manipulate international trade relations. Not sure if still true, but the EU consistently gave Airbus and its component manufacturers special subsidies/tax breaks/etc. in order to gain market share from Boeing. Go after stuff like that, but don't punish, say, chocolate consumers where there is no evidence of manipulation.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97936 posts
Posted on 4/4/25 at 10:18 am to
quote:

Or he is another dweeb that was in Jacob’s law class.


He was to drunk for law class

Posted by The Maj
Member since Sep 2016
30551 posts
Posted on 4/4/25 at 10:19 am to
quote:

Have you always been this lazy on this board?


When you understand that Roger thinks he is smarter than you, then you will understand his laziness on the board...
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 4/4/25 at 10:20 am to
quote:

That was before his health problems, though


Posted by spslayto
Member since Feb 2004
21942 posts
Posted on 4/4/25 at 10:20 am to
quote:

Your right there actually too low


Did you intentionally include 2 grammatical errors in such a short response?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298927 posts
Posted on 4/4/25 at 10:21 am to
quote:


Did you intentionally include 2 grammatical errors in such a short response?




These are the baws that want to make national policy.
Posted by KingOrange
Mayfair
Member since Aug 2018
13260 posts
Posted on 4/4/25 at 10:23 am to
quote:

This is how people stay in poverty.


Your people don’t care about poverty. We have millions of people walking the streets. We could have given them 1 million each. But we gave it to Ukraine.
Posted by Figgy
CenCal
Member since May 2020
10342 posts
Posted on 4/4/25 at 10:25 am to
There is an interview on NHK (Japanese media) with Mr Cass that I read this morning. Here it is:

NHK
Posted by Boss
Member since Dec 2007
1790 posts
Posted on 4/4/25 at 10:25 am to
quote:

Your people don’t care about poverty. We have millions of people walking the streets. We could have given them 1 million each. But we gave it to Ukraine.


So wait a second. You voted for Trump and you are for more government intervention and handouts. The world has gone bonkers.
Posted by BCreed1
Alabama
Member since Jan 2024
6976 posts
Posted on 4/4/25 at 10:25 am to
quote:

"Some analysts have taken the threat of 'reciprocal tariffs' to mean literally holding a mirror up to the tariff regimes of other countries... there’s no reason to believe that’s what the administration is pursuing."



And remember, he wrote this on Feb 24, 2025... not April post tariffs.

Posted by BigJim
Baton Rouge
Member since Jan 2010
15070 posts
Posted on 4/4/25 at 10:26 am to
quote:

All addressed by Oren Cass.


The fact that the administration is either intentionally or unintentionally misleading the public is not addressed by Oren Cass.

Nor is the imbalance of trade created by the fact the poorer countries cannot buy as much from the US as they sell to it. Slapping tariffs on those countries will lower how much they sell to us, but it will not boost how much they buy from us.

It will lower the trade deficit, but that means higher prices and less productivity, i.e., a worse economy.

Could this mean more manufacturing jobs in the US? Probably. Will it mean fewer jobs overall? Also probably.


Best case scenario is that this is a bargaining tactic to lower some trade barriers. That's a win.

But that is NOT what Oren Cass is arguing for.


Posted by BCreed1
Alabama
Member since Jan 2024
6976 posts
Posted on 4/4/25 at 10:26 am to
quote:

quote:
Yes, they lied to you.




quote:

dgnx6


Did you see how he just ruined his own argument! LOL Astounding ignorance.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298927 posts
Posted on 4/4/25 at 10:27 am to
quote:



Your people don’t care about poverty


Exactly. We want self sufficient middle class folks.

You are getting left behind because you refuse to improve yourself. I hate poverty, and the USA has the best shot at escaping it of any nation inthe world if you have any drive.

But youre addicted to policies that will keep you poor.
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 4/4/25 at 10:27 am to
Never forget just yesterday Roger said the most embarrassing thing a president has ever done is these tariffs
Posted by KingOrange
Mayfair
Member since Aug 2018
13260 posts
Posted on 4/4/25 at 10:28 am to
quote:

So wait a second. You voted for Trump and you are for more government intervention and handouts. The world has gone bonkers.


Can you read?
Posted by Bass Tiger
Member since Oct 2014
55729 posts
Posted on 4/4/25 at 10:28 am to
quote:

Misleading

Trumps tariffs arent' reciprocal.


I know one thing 100%, if Trump's economic policies prove to be successful over the next 12-16 months and the American people are doing much better as a whole, you will be the first person to drop an OP acknowledging Trump was right and RogerTheShrubber was just a little bit wrong.
Posted by BCreed1
Alabama
Member since Jan 2024
6976 posts
Posted on 4/4/25 at 10:29 am to
quote:

The fact that the administration is either intentionally or unintentionally misleading the public is not addressed by Oren Cass.


It is. Right there in the links provided.

Posted by KingOrange
Mayfair
Member since Aug 2018
13260 posts
Posted on 4/4/25 at 10:30 am to
quote:

But youre addicted to policies that will keep you poor.


You Dumb Frick. The middle class has become Poor under Democrat Rule and Poiicy.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298927 posts
Posted on 4/4/25 at 10:30 am to
quote:


I know one thing 100%, if Trump's economic policies prove to be successful over the next 12-16 months and the American people are doing much better as a whole, you will be the first person to drop an OP acknowledging Trump was right and RogerTheShrubber was just a little bit wrong.



You have nothing to worry about.

They will not "work" unless you people keep shifting the purpose of tariffs. One day its "reciprocal, the next punitive, and the following "to create jobs."
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298927 posts
Posted on 4/4/25 at 10:31 am to
quote:


You Dumb Frick. The middle class has become Poor under Democrat Rule and Poiicy.


Excuse me. Who was president in 2017-2021?

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