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re: Tariffs on importers from China going to 25% Friday, apparently

Posted on 5/6/19 at 10:50 am to
Posted by jnethe1
Pearland
Member since Dec 2012
16965 posts
Posted on 5/6/19 at 10:50 am to
Lol, I know
Posted by jnethe1
Pearland
Member since Dec 2012
16965 posts
Posted on 5/6/19 at 10:51 am to
Yep, ibfreeman could give a shite about the average American.
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/6/19 at 10:55 am to
quote:

Just subsidize industry directly if you really are intent on cronyism and stop making the consumer pay for it. Stick it to the taxpayer
i wish i had a nickel for every time i've had to say this but, americans are ALREADY paying a price for ip theft. why is this so hard to understand. THERE IS ALREADY PAIN.
Posted by DTRooster
Belle River, La
Member since Dec 2013
8855 posts
Posted on 5/6/19 at 11:39 am to
It’s not hard to see. IBadumfuk has been making money pedaling Chinese junk and that is in jeopardy
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 5/6/19 at 12:51 pm to
I am looking out for the average American while tariff proponents try to screw them. Lower cost goods create wealth and grow economies.
Posted by Jjdoc
Cali
Member since Mar 2016
55356 posts
Posted on 5/6/19 at 1:00 pm to
quote:

Lower cost goods create wealth and grow economies.




More accurate for just you:

- More wealth for those connected to the Chinese who can ship large amounts of products to the USA

- while cost middle America jobs

- and increase the wealth of the "cheaper" labor.

Sure cheaper product CAN equal savings to Americans. However paying $6 dollars more per year and getting, having, a job is a no brainer.

"Sir.. do you prefer to pay 6 dollars more per year for a washing machine and have a higher paying job that is paying you 75K per year

OR Sir, would you prefer to have a 48K per year job and save that $6 dollars per year"


Which is it SIR...

I know 99% of the people will prefer to save that $6 per years right IBchina?
Posted by DTRooster
Belle River, La
Member since Dec 2013
8855 posts
Posted on 5/6/19 at 1:08 pm to
For those in the retail market pedaling knockoffs and substandard garbage maybe. A retail economy is the same as a Government economy, doomed for failure
Posted by DTRooster
Belle River, La
Member since Dec 2013
8855 posts
Posted on 5/6/19 at 1:59 pm to
quote:

Watch the market Monday.
a polar bear fart would have had a bigger impact.
Posted by BeeFense5
Kenner
Member since Jul 2010
42133 posts
Posted on 5/6/19 at 2:23 pm to
quote:

I B Freeman


Where is this big market crash you were promising?
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 5/6/19 at 2:25 pm to
quote:

Watch the market Monday.


What are we watching for again?
Posted by Tesla
the Laurentian Abyss
Member since Dec 2011
9047 posts
Posted on 5/6/19 at 2:36 pm to
quote:

Watch the market Monday.


What are we watching for again?



“A thousand point drop.”

Always, and I mean always wrong.

Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 5/6/19 at 2:40 pm to
quote:

wait, you're citing the tpp as justification for your trade position

i posted it as a direct response to a question you asked, dolt. nothing about trump's trade efforts or actions have been multilateral. in fact they have been attempts to dismantle the multilateral. his trade war was a unilateral decision. and no matter what TPP>USMCA
quote:

trump has been explicit in his motivations

agreed-pandering to populists by offering nostalgia and bogeymen, while lining wilbur's pockets
quote:

this has NOTHING to do with the trade problem

what?
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 5/6/19 at 2:47 pm to
quote:

it leads you to say things like look at the trade since then.


it's a longer-term look at the results of this unilateral trade war. you were the one complaining about someone using volatile market data as an indicator. we agree- trade data is much better
quote:

there's little chance you would recognize that this is a situation that will get worse before it gets better because you are so misled on the matter.

lots of your trumpkin allies are calling the tariffs unqualified successes in this thread, so i'm glad you at least admit there's a cost associated with this gamble, whether or not the new MAGA utopia you keep promising ever materializes
quote:

they have to come to the table in good faith, first. until then, your response is irrelevant

how long will we have to wait

i mean i know navarro said no one would even retaliate but when does even his insane arse begin to reassess
quote:

where is this tpp crap coming from? that was put to bed 2 years ago.


it was not "put to bed". it got rewritten, without us, and is now in effect. every thing in USMCA that actually was actually beneficial was in TPP already

i know you hate hate hate it, but it's quite fair to point out that what President Deals got in exchange was unimpressive to say the least
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 5/6/19 at 2:48 pm to
quote:

the articles are still there to prove that you are a liar.


they don't prove anything except that you don't understand your claim after all this time, or that you're too much of a coward to confront the data that could support/fail to support your assertion
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 5/6/19 at 2:51 pm to
quote:

quote:
state it precisely
larf. tpp! tariffs bad! orange man bad! i have responded to his position multiple times and he hasn't proposed a defense. i wonder why. he also quizzically thinks that opposing tariffs is conservative. he's misapplying a domestic conservative idea to international trade. in his estimation, countries should just be allowed to do whatever they want and us businesses are free to seek out the most advantageous countries to do business with. on the surface, this might seem reasonable. but the problem is that it looks at trade narrowly. once an american business enters an agreement, foreign actors are stealing intellectual property that is hurting the country, not JUST the business.

you failed to state anything precisely.

still, I B Freeman, is this a thorough and accurate description of your position?
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 5/6/19 at 2:52 pm to
quote:

ibfreeman could give a shite about the average American

why do we keep jumping between MUH IP and MUH AVERAGE AMERICAN here

i know IP has become the fig leaf for protectionists to hide behind, but it's not like "average americans" hold it
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 5/6/19 at 2:57 pm to
quote:

why do you state this in a derogatory manner?


probably because it started out, supposedly, as a crusade to return the blue-collar workforce to its former big middle-class glory
Posted by pizzatiger
Member since Apr 2019
274 posts
Posted on 5/6/19 at 4:36 pm to
quote:

Doesn't seem to have an adverse effect on the economy. Now you can say that the economy would be doing even better without the tariffs but that is speculation.



The US dollar strengthened in relation to the yuan since early 2018 when the tariffs were going into effect. I assume the Chinese are behind that. Either way, it offset the tariffs significantly.

If more tariffs come along and/or exchange rates move in the opposite direction, we could start to feel things very differently. Just my two cents.
Posted by lgh
In your head
Member since Jan 2019
239 posts
Posted on 5/6/19 at 4:57 pm to
He missed it by about 950 pts
Posted by jimmy the leg
Member since Aug 2007
41686 posts
Posted on 5/6/19 at 5:14 pm to
quote:

i know IP has become the fig leaf for protectionists to hide behind, but it's not like "average americans" hold it



You may be correct, but the ignorance of the average American is not what we should design policy around. IP theft has been a MAJOR issue imho. Not addressing it simply because the average American is blissfully unaware is a sign of weakness. China does not respect weak opposition. Facing down China had to happen and unfortunately, this is a mechanism which could be effective...painful for all involved, but potentially quite effective. FWIW, I believe in this policy decision. Economics isn't my strongsuit, but I have a pretty strong grasp on China (I would argue quite strong actually). Backing down would be devastating for our country in the longhaul imho.
Just my .02.
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