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re: Stocks Tank After Trump Announces Stiff Tariffs On Aluminium And Steel Are Coming

Posted on 3/1/18 at 2:13 pm to
Posted by Cruiserhog
Little Rock
Member since Apr 2008
10460 posts
Posted on 3/1/18 at 2:13 pm to
quote:

They will cave, lower prices or several iron mines will reopen in the US creating more American jobs

Its a win/win for Trump and the economy


When will you morons learn?


Trumpkin logic, devoid of rational thought, omissive of all the factors before speaking and in your case posting.

since when is labor in the US not compared to abroad in the bottom line of companies here and abroad as far as

'they will cave, lower prices and mines will reopen here in the US.'

quote:

Its a win/win for Trump and the economy



Trump just raised the cost of living for every US resident, every consumer/resaler of manufactured goods, every construction company, every aluminum and steel manufacturer. and you think its a win.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74239 posts
Posted on 3/1/18 at 2:14 pm to
quote:

Trump just raised the cost of living for every US resident, every consumer/resaler of manufactured goods, every construction company, every aluminum and steel manufacturer. a


Posted by Pdubntrub
Member since Jan 2018
1779 posts
Posted on 3/1/18 at 2:18 pm to
Tariffs only benefit people making steel and raise prices on everyone else. Milton Friedman has several short youtube vids breaking down how tariffs effect the economy. It's not good
Posted by The Boat
Member since Oct 2008
164339 posts
Posted on 3/1/18 at 2:18 pm to
quote:

I hate to break it to you, but liberals also invest in the stock market. You guys don't have a monopoly on financial issues.


When the market went up non stop from November 16 to January 18 they said it didn’t matter and only rich people invested in the stock market so it wasn’t helping anyone.

Now we have a bad week and the stock market matters again.
Posted by Lonnie Utah
Utah!
Member since Jul 2012
24041 posts
Posted on 3/1/18 at 2:20 pm to
Good thing I sunk everything in to bitcoin last week then...
Posted by thebigmuffaletta
Member since Aug 2017
12996 posts
Posted on 3/1/18 at 2:20 pm to
I'm a purchasing agent who buys a crap load of structural steel and pipe. I don't even buy that Chinese garbage because it sucks and won't pass code.
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
27960 posts
Posted on 3/1/18 at 2:25 pm to
quote:

Trump just raised the cost of living for every US resident, every consumer/resaler of manufactured goods, every construction company, every aluminum and steel manufacturer. and you think its a win.

uh, SkyScreamerhog, what's the multiplier factor when a US worker spends that paycheck? Heres a 2012 chart showing you what happens when you spend locally vs big box. Local recirculation of monies are 35% more





Now image that on a greater scale as those steel and aluminum paychecks begin going to Americans, and not Canadians, Mexicans, and Brazilians?
Posted by DelU249
Austria
Member since Dec 2010
77625 posts
Posted on 3/1/18 at 2:27 pm to
(no message)
This post was edited on 5/27/23 at 2:34 pm
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74239 posts
Posted on 3/1/18 at 2:29 pm to
This and the gun control and nothing has actually happened

DJT got the msm to love him the gun control live tv

Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261513 posts
Posted on 3/1/18 at 2:30 pm to
quote:

Some of our biggest steel importers are Canada, Brazil, and Mexico. They will cave, lower prices or several iron mines will reopen in the US creating more American jobs

Its a win/win for Trump and the economy


US metal products are considered superior to Chinese. Let the market decide.

Protectionism is not a conservative principle.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261513 posts
Posted on 3/1/18 at 2:34 pm to
quote:

US steel is like 78%


Tariffs are unnecessary. About the only think they'll do is trigger a larger trade war.
Posted by DelU249
Austria
Member since Dec 2010
77625 posts
Posted on 3/1/18 at 2:37 pm to
(no message)
This post was edited on 5/27/23 at 2:34 pm
Posted by buckeye_vol
Member since Jul 2014
35242 posts
Posted on 3/1/18 at 2:46 pm to
quote:

and will plunge the world economy into a Hoover-like depression:
You're just like the conspiracy theorists. Rather than make a valid and logical argument, you make a ridiculous claim, so instead of forcing anyone to counter with a valid and logical retort, you've created such a nonsensical claim to counter, that they retort would be a hyperbolic strawman that could be dismissed if it weren't for the fact you forced one to argue that.

It's a disservice to logical arguments against tarrifs, and is in fact, a disservice to logic itself.
This post was edited on 3/1/18 at 2:47 pm
Posted by buckeye_vol
Member since Jul 2014
35242 posts
Posted on 3/1/18 at 2:50 pm to
quote:

Protectionism is not a conservative principle.
Unfortunately I think it may be. It's that what we have been led to believe were foundational conservative principles (e.g., smaller government) were just ideas conservative politicians used to garner votes and attract classical liberals to the GOP.
This post was edited on 3/1/18 at 2:51 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261513 posts
Posted on 3/1/18 at 2:52 pm to
quote:

Unfortunately I think it may be


If conservatism is related to more free markets, tariffs run strongly counter to that.
Posted by Loserman
Member since Sep 2007
21963 posts
Posted on 3/1/18 at 2:57 pm to


I gained 0.43% so far today
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 3/1/18 at 3:05 pm to
quote:

tarxana is quite possibly the dumbest poster here.


Where did Heather go?
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 3/1/18 at 4:21 pm to
quote:

The Trumpkin bogeyman, China. That we barely import steel from.


Mexican steel sucks.....
Posted by Bham4Tide
In a Van down by the River
Member since Feb 2011
22092 posts
Posted on 3/1/18 at 4:54 pm to
You understand how the market works, right?
Posted by HTDawg
Member since Sep 2016
6683 posts
Posted on 3/1/18 at 5:36 pm to
quote:

it's stupid and terrible policy but you're doing yourself no favors with that kind of hyperbole


Hyperbole? You conservatives buy into bullsh*t conspiracy theories like Uranium One, which has been debunked, and shadow governments, which don't exist. You're the kings of hyperbole.
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