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re: Has anyone opposing tariffs and is "of authority" offered a solution?
Posted on 4/4/25 at 7:54 pm to SlowFlowPro
Posted on 4/4/25 at 7:54 pm to SlowFlowPro
The economy shifted in a fundamental way beginning in the 70s and our government (across tge board) didnt do a great job of shifting in a way that helped people and communities transition. And given that the shift was a policy change, not an organic economic change, I think the government should have done more.
The government picked winners. Overall, it pribably worked out, but it depressed a lot of people and areas.
The government picked winners. Overall, it pribably worked out, but it depressed a lot of people and areas.
Posted on 4/4/25 at 7:57 pm to Dandy Lion
quote:
You´re consistently lambasted and portrayed as not so, by those on here.
What gives?
There is a large population on here confused as to what they support, and default to their more traditional "my enemy is big government leftists/Democrats" stances. The philosophical issues is they've largely abandoned these stances in the age of Trump and his adoption of leftist economics.
I remained in the economically conservative, less government side. However, since I'm now in the out-group for those who have changed sides (and the political neophytes who flooded this board increasingly since 2019), the revert to their default "You must be a Leftist because I self-Identify as the opponent of Leftism"
This thread is a good example to an extent. As I posted earlier, I've been promoting smaller government and capitalism on here since 2005, posting Friedman often. That was celebrated on here from 2005-2016. I didn't change. Friedman (who died in 2006) certainly didn't change. Sowell didn't change, either. Now we are all pariahs, so you can do the math on who changed.
Posted on 4/4/25 at 8:03 pm to SlowFlowPro
Well, the US has been imposing tariffs to help domestic manufacturing, that’s why it hasn’t totally disappeared.
Trump is proposing to expand the protection. I think that is good policy personally. At a certain point, the tariffs can become counterproductive. So the real question is whether this first round of tariffs goes too far, or does it help bring greater balance to expand domestic production? Time will tell.
I will say, you should be supportive of the tariffs as a Ukraine supporter. The fact that we can’t manufacture enough munitions domestically to supply Ukraine is pretty damn sobering. Clearly our manufacturing base has eroded to a dangerous level.
Trump is proposing to expand the protection. I think that is good policy personally. At a certain point, the tariffs can become counterproductive. So the real question is whether this first round of tariffs goes too far, or does it help bring greater balance to expand domestic production? Time will tell.
I will say, you should be supportive of the tariffs as a Ukraine supporter. The fact that we can’t manufacture enough munitions domestically to supply Ukraine is pretty damn sobering. Clearly our manufacturing base has eroded to a dangerous level.
Posted on 4/4/25 at 8:05 pm to SlowFlowPro
quote:
Educate yourself on anti-leftist economics
If you ask a question without context, you may get a misleading answer. If you asked either of those gentlemen what they think of 50 straight years of large and increasing twin deficits, trade deficits in combination with budget deficits, the answers might be different. If you asked them what they thought of a country with 123% debt/GDP ratio, running a budget deficit/GDP ratio of 7% a year and a trade deficit/GDP ratio of 4% a year, during peacetime and an economic "expansion", with those numbers trending strongly upwards, while intermittently monetizing massive sums of govt debt, my guess is that they would tell you there's a serious structural problem that needs to be fixed ASAP. If you casually mention that half that country's population wants to open the borders with the third world, give them a full slate of govt assistance, and start a war with nuclear military superpower at the same time, they might be tempted to start booking flights to somewhere else.
I don't think we'll ever hear Milton Friedman's answer to those questions, since he died a good while back and did most of his work earlier when the situation described above was the beginning of a bad science fiction movie. If Thomas Sowell is sanguine about our trade deficit under that set of circumstances then he's just speculating, because, as far as I can tell it's never been seen before.
This post was edited on 4/4/25 at 8:17 pm
Posted on 4/4/25 at 8:05 pm to SlowFlowPro
No, they aren’t. You think because you are an attorney that you are smarter than everyone else. Everyone knows you aren’t.
Your shtick is annoying and you love being that way.
Your shtick is annoying and you love being that way.
Posted on 4/4/25 at 8:06 pm to JimEverett
quote:
And given that the shift was a policy change, not an organic economic change, I think the government should have done more.
Theoretically, but starting any policy argument with "government should have done more" will start at a major deficit to me.
Just like when liberals would argue government should have done more for black people due to non-organic economic changes, and I argued against that. When this happens to white people lots of MAGA-stans tunes change.
Posted on 4/4/25 at 8:06 pm to SlowFlowPro
quote:
Theoretically
Ignorance begins here.
Posted on 4/4/25 at 8:07 pm to wdhalgren
quote:
trade deficits
The most misunderstood part of this entire fiasco. They arent nearly as important as you think.
Posted on 4/4/25 at 8:09 pm to SlowFlowPro
quote:
Theoretically, but starting any policy argument with "government should have done more" will start at a major deficit to me. Just like when liberals would argue government should have done more for black people due to non-organic economic changes, and I argued against that. When this happens to white people lots of MAGA-stans tunes change.
Just so we’re clear, you’re opposed to the US asserting any influence on the “free exchange” of goods around the world?
This post was edited on 4/4/25 at 8:10 pm
Posted on 4/4/25 at 8:09 pm to Riverside
quote:
Well, the US has been imposing tariffs to help domestic manufacturing, that’s why it hasn’t totally disappeared.
That's not why.
We produce valuable goods that fit within our economic status.
quote:
Trump is proposing to expand the protection.
Which is going to pull from more productive areas to subsidize the less productive, inefficient areas he's trying to protect.
quote:
. The fact that we can’t manufacture enough munitions domestically to supply Ukraine is pretty damn sobering.
That's a function of engaging with one arm tied behind our backs. We don't win wars the way they're fighting in Ukraine. Our munitions expulsions/need would be a bit different if our primary strategy was being used (air/sea domination).
Posted on 4/4/25 at 8:11 pm to Robin Masters
quote:
you’re opposed to the US asserting any influence on the “free exchange” of goods around the world?
Clearly no, as the private actors in the US comprise the #1 economy in the world and will will, as private actors, engage the market as market actors, both buying and selling (Which asserts lots of influence on the free exchange of goods around the world).
Posted on 4/4/25 at 8:11 pm to SlowFlowPro
quote:
That's a function of engaging with one arm tied behind our backs. We don't win wars the way they're fighting in Ukraine. Our munitions expulsions/need would be a bit different if our primary strategy was being used (air/sea domination).
Again, you know absolutely nothing about any of this. Anyone can look up stuff online. Perhaps the easiest thing in the world to do.
Posted on 4/4/25 at 8:12 pm to RogerTheShrubber
quote:
The most misunderstood part of this entire fiasco. They arent nearly as important as you think.
I think our long running trade deficits, in combination with our long running budget deficits, could destroy the country if left unaddressed. But maybe you're right, it could be just a long depression that leaves everyone in abject poverty.
Posted on 4/4/25 at 8:12 pm to SlowFlowPro
Yeah, i don't really like thoae arguments ultimately - I am not an idealogue.
Similarly, i think the "they are walking all over us" is a weak argument. Discussion of "fairness" should be left to the academics, not the real world
Regardless, it would be nice to know specifically what the problems are that are being addressed here. Mixed messages for sure.
Similarly, i think the "they are walking all over us" is a weak argument. Discussion of "fairness" should be left to the academics, not the real world
Regardless, it would be nice to know specifically what the problems are that are being addressed here. Mixed messages for sure.
Posted on 4/4/25 at 8:12 pm to SlowFlowPro
quote:
I'm not going to let you "infrastructure" and change your arguments in mid stream. I know what you're doing and you are upset I called it out. Leftists did the same thing during Biden when I mocked the same rhetoric with "infrastructure".
How did I change my argument?
You’re mad you’re not smart enough to make a coherent real world point - posting economic theories isn’t real world
How many actual trade meetings even at the lowest levels have you ever attended? Have you ever spoken to a foreign importer/exporter in real life to actually see their behavior and their belief system on how to do business and how to win
quote:
Not true, and I posted the receipts above
Again that was just the first question of my post
Go read it again
You talk like you know the people in these former manufacturing hubs and know what their grievances are but you’ve never met a single one or spent anytime in these places
Posted on 4/4/25 at 8:13 pm to SlowFlowPro
quote:
There is a large population on here confused as to what they support, and default to their more traditional "my enemy is big government leftists/Democrats" stances. The philosophical issues is they've largely abandoned these stances in the age of Trump and his adoption of leftist economics. I remained in the economically conservative, less government side. However, since I'm now in the out-group for those who have changed sides (and the political neophytes who flooded this board increasingly since 2019), the revert to their default "You must be a Leftist because I self-Identify as the opponent of Leftism" This thread is a good example to an extent. As I posted earlier, I've been promoting smaller government and capitalism on here since 2005, posting Friedman often. That was celebrated on here from 2005-2016. I didn't change. Friedman (who died in 2006) certainly didn't change. Sowell didn't change, either. Now we are all pariahs, so you can do the math on who changed.
Rather than quoting or going in to detail about economics or economic policy you should pull back and look at it in a simplified manner. If you want to lose weight you take in less calories than you burn. If you want your bank account to increase (many ways to do this including tariffs and spending less are two) you bring in more than you spend. It is really that simple. Interest rates on the debt, trade deficits, fraud through our own government, spending less, reducing government, etc. all play into this equation. You are doubling down on tariffs and balancing our trade deficit as being a nothing burger. You are quite eloquent with your posts but at the end of the day you are quite confused that our problems are multi-faceted. In short, the lawyer jargon is tiring and worthless.
Posted on 4/4/25 at 8:14 pm to SlowFlowPro
quote:
Clearly no, as the private actors in the US comprise the #1 economy in the world and will will, as private actors, engage the market as market actors, both buying and selling (Which asserts lots of influence on the free exchange of goods around the world).
But an agent of the US government should not, in your view?
Posted on 4/4/25 at 8:15 pm to Warboo
quote:
You are doubling down on tariffs and balancing our trade deficit as being a nothing burger.
With our currency, it just means we're rich, basically.
What do you expect the world's richest country with the best economy and the world's reserve currency/petrodollar to do with respect to trade, exactly?
The math will never work out for anything other than a massive trade deficit.
That's a completely different discussion than our federal deficit/debt, and tariffs won't solve that problem.
Posted on 4/4/25 at 8:18 pm to Midtiger farm
quote:
How did I change my argument?
You haven't...yet. I'm having you define your entire position first so that you can't.
quote:
You’re mad you’re not smart enough to make a coherent real world point - posting economic theories isn’t real world
I didn't point out "economic theories" here. I pointed out your argument that you thought you were being sly in making, before you did the reveal. And I told you to fully define this entire position first before a discussion can be had (for reasons stated).
This is not my first rodeo dealing with people using malleable arguments.
Posted on 4/4/25 at 8:20 pm to JimEverett
quote:
Regardless, it would be nice to know specifically what the problems are that are being addressed here. Mixed messages for sure.
Defining the problems and stating the goals have been an absolute disaster, but this is an intentional thing.
As I pointed out in this post
quote:
The putative pivot remains
You realize but I never declaring an actual plan and goal, you're just ensuring that Trump can never be wrong, right? Because if you had to come out and state what a goal was, when it didn't happen there could be no pivot saying that he was right.
You do realize that that's the whole purpose of this dishonest rhetoric, right?
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