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re: Economist Oren Cass explains the tariff madness
Posted on 4/4/25 at 12:30 pm to Robin Masters
Posted on 4/4/25 at 12:30 pm to Robin Masters
quote:
You’re the one under the delusion that other counties are subsiding their exports to us for our benefi
It is a benefit to you, the consumer which is all that matters here.
Buy it, add value, create wealth. You've just added to the American economy with the help of China.
Posted on 4/4/25 at 12:35 pm to RogerTheShrubber
quote:
is a benefit to you, the consumer which is all that matters here. Buy it, add value, create wealth. You've just added to the American economy with the help of China.
Honest answer, do you really think that is the goal of communist China?
Posted on 4/4/25 at 12:37 pm to Robin Masters
quote:
Honest answer, do you really think that is the goal of communist China?
You mean this nation that is economically doomed due to their own policies?
Commies are protectionist. The issue is you cant be a protectionist nation and expect to have a booming economy.
Posted on 4/4/25 at 12:39 pm to Babble
quote:If a country doesn't put a tariff percentage on goods from the US, but it creates impedements to our goods selling in that country it is restricting our ability to trade. You seem hung up on the word tariff. Most liberals and women get bent out of shape over words. Remember when Trump said that we'd build the wall and mexico would pay for it? I bet you said he lied there too. What Trump was saying is that building the wall will keep the illegal invades south of the border. America wouldn't have to take care of them, mexico would. At some point, the total amount that mexico spent to take care of the illegal invaders (and America did not pay) would equal the amount paid to build the wall. Mexico saved us the amount we paid for the wall. Mexico paid for it.
Trump said the tariffs are in response to other countries’ tariffs which is a lie.
If you can't understand that, try this. I bought sawmill that I use to cut trees from my own land and make lumber. Spent 12K on the mill. It tanked my savings account for a few months. In the 3 years I've owned it I've processed over 50 logs into lumber that I've used to build and repair buildings on my farm. Each log had an average of 250 Board feet of lumber. At $1. a board foot, I've created $12500 worth of lumber. The sawmill has paid for itself, even though it did not write me a check.
quote:When those factories come back (5 Trillion of foreign investment and counting) we will.
We don’t manufacture goods at the scale needed to level the playing field even if we wanted.
quote:Gotta start somewhere. Now works for me. This is what I voted for.
He isn’t going to revitalize American manufacturing in his term.
quote:Come back in a couple months. Stock market dropping means I get a bargain when my company buys for my 401K next week.
All he’s doing is tanking the economy
Posted on 4/4/25 at 12:43 pm to RogerTheShrubber
quote:
You mean this nation that is economically doomed due to their own policies
Their GDP over the last 20 years has outpaced ours by 500%
Answer the question please.
Posted on 4/4/25 at 1:01 pm to RollTide4547
quote:
When those factories come back (5 Trillion of foreign investment and counting) we will.
You think factories will be built, supply chains will be established, people will agree to buy our goods, and the trade deficit will be balanced in 4 years? Since you want to bring up the Wall for some reason, homeboy couldnt even finish that in 4 years.
His administration will reap none of the potential benefits (which are uncertain at best) during this term. And the guaranteed short-term pain of these moves will destroy whatever legacy he may have had.
But I’m probably wrong about that, you braindead boomers somehow think an unfinished wall that doesn't do shite to secure our border was somehow a success so I’m sure you’ll find a way to rationalize his failed abortion of a presidency while you slob on your god-kings knob.
This post was edited on 4/4/25 at 1:03 pm
Posted on 4/4/25 at 1:44 pm to Babble
quote:No and that's not what I said. But it will be a start. Look at it this way. The guy that is morbidly obese will not be in great shape after 4 days, 4 weeks, 4 months or even 4 years. He will be better off than he would have been otherwise.
You think factories will be built, supply chains will be established, people will agree to buy our goods, and the trade deficit will be balanced in 4 years?
quote:Sometimes you have to do what is right and best for the country.
His administration will reap none of the potential benefits (which are uncertain at best) during this term. And the guaranteed short-term pain of these moves will destroy whatever legacy he may have had.
quote:If that was supposed to hurt, it doesn't. At least I can support myself, purchase a home and live a good life. Maybe you should emulate a boomer. Instead of being a whiny little female dog. Ha ha.
you braindead boomers
quote:Wow you seem triggered. GOOD. I hope you are f-ing miserable everyday until 20 Jan 2029. Enjoy, I certainly will. Your tears are DELICIOUS.
I’m sure you’ll find a way to rationalize his failed abortion of a presidency while you slob on your god-kings knob.
Posted on 4/4/25 at 5:11 pm to JimEverett
quote:
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.
When they take down a high-rise, do they do it piece by piece or with an explosion? Trump is trying to fundamentally change what's been built, not give it a makeover.
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