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Message

re: Trade Data Shows Trump’s Tariffs Are Working

Posted on 6/11/26 at 9:25 am to
Posted by Taxing Authority
Houston
Member since Feb 2010
63581 posts
Posted on 6/11/26 at 9:25 am to
quote:

To combat the inflationary side effects of tariffs, AOC co-introduced the No Gratuitous Overcharging Ubiquitous Global Exports (No GOUGE) Act. The bill seeks to prevent large, highly profitable corporations from using new tariffs as a deceptive "pretext" to artificially hike prices on working-class consumers far beyond the actual cost of the import penalty
quote:

That would have some fans here if the right person suggested it.






Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477890 posts
Posted on 6/11/26 at 9:26 am to
quote:

I've been posting for three years now that that valid concern can be solved easily without tarrifs.

As with almost everything, the solution is less government.

Tariffs are more government that may achieve the goal of "more manufacturing" but the costs will be immense.

Same with the chip argument, which required other types of intervention (subsidies).

Even if we removed almost all government, though, a lot of the lower-level stuff still isn't coming back, and, if it did, it would be filled by migrants. Better jobs than those lower level manufacturing MAGA salivates about exist now and Americans don't want them.
Posted by wackatimesthree
Member since Oct 2019
13980 posts
Posted on 6/11/26 at 9:26 am to
quote:

Its you who is claiming they are like AOC and Bernie.


No, I made a long post explaining exactly why it's different in the world of 2026 than it was in the world of 1805.

AOC and Bernie are for protectionist policies in 2026.

quote:

I have given you my answer.


O.k., but only by refusing to answer.

quote:

I stand with the founding fathers and those up to FDR.


Which of those guys is still alive in 2026?

You mean you agree with them that in 1805 and 1855 and 1875, tariffs were a good idea.

That's no longer the question. We're talking about whether they are a good idea in 2026.

I agree with farmers in 1870 that a mule-drawn plow was a good idea, because it's the best tool they had access to. Much better than trying to plow it yourself.

I do not agree with the Amish that a mule drawn plow is the best way to plow a field in 2026. There are much better, more efficient tools now.

AOC and Bernie (and Trump) are the Amish in the analogy. They still think that plowing a field with a mule drawn plow is the best way.

I'm asking you if you agree with them. You obviously do. Again, if you think that, why won't you just own it? Why won't you say, "Damn right I agree with AOC and Sanders, they're right about this!"
Posted by Taxing Authority
Houston
Member since Feb 2010
63581 posts
Posted on 6/11/26 at 9:27 am to
quote:

About 37% of those are GenZ!
37%!
UER for recent college grads is ~6%!
Those numbers SUCK!
They do. Do you think taking college grads and putting them to work for menial wages making rubber dog poop will create wealth? I'm sure those GenZ kids are clammoring to go to work in garment factories.
Posted by SlidellCajun
Slidell la
Member since May 2019
16484 posts
Posted on 6/11/26 at 9:28 am to
Does this net out the impact of the repayments?

We paid back almost 22 billion in May alone.
Posted by wackatimesthree
Member since Oct 2019
13980 posts
Posted on 6/11/26 at 9:29 am to
Price gouging.

There you go. MAGA will love it.
Posted by BCreed1
Alabama
Member since Jan 2024
6999 posts
Posted on 6/11/26 at 9:30 am to
quote:

No, I made a long post explaining exactly why it's different in the world of 2026 than it was in the world of 1805.

AOC and Bernie are for protectionist policies in 2026.



You did that by implying the policies are the same.

Posted by wackatimesthree
Member since Oct 2019
13980 posts
Posted on 6/11/26 at 9:31 am to
quote:

You did that by implying the policies are the same.


The same as what?

If you mean that I implied that the policies in 1805 are the same ones that AOC and Sanders favor today, that's a yes and no kind of situation.

Protectionism is protectionism. There's an underlying commitment to the principle that government must artificially create certain economic conditions and the market must not be allowed to seek it's own natural equilibrium.

In that sense they are exactly the same.

If you mean the details are the same and the context is the same, no, I've actually argued the exact opposite. I've been trying to keep the discussion on 2026. The poster to whom I was replying is the one who keeps invoking 1778.
This post was edited on 6/11/26 at 9:41 am
Posted by Taxing Authority
Houston
Member since Feb 2010
63581 posts
Posted on 6/11/26 at 9:31 am to
quote:

By you suggesting that the policies I advocate are that of AOC and Sanders is to put the founding fathers all the way up to FDR as Bernnie Sanders.
Nonsense. Tariffs are a tool. But like you'd not use a hacksaw to drive a screw into a board, they are not the right tool for the US right now.

Our economic situation looks nothing like it did when we were founded.
Posted by Taxing Authority
Houston
Member since Feb 2010
63581 posts
Posted on 6/11/26 at 9:35 am to
quote:

Look, the bottomline is you believe the CCP should be given carte blanche to undercut US industry through nationalized subsidies, patent infringement, and various other means if it means cost savings to US consumers
I mean... TMSC, cited in this thread, is nationally subsidized by our government. US AI companies have literally stolen all IP, with our government's blessing and immunity. Trump said the other day the government will take a stake in OpenAI, as they already do in Intel and Nvidia. People act as if we don't do these things, but we do, and are looking to do more of it.
This post was edited on 6/11/26 at 9:36 am
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139580 posts
Posted on 6/11/26 at 9:39 am to
quote:

The bottom line is you're full of shite, have no idea what I believe and you should stick to telling us what you believe.
Your posts have made it CRYSTAL CLEAR that your focus is univariate in a multivariate equation. Your focus, according to your statements, is on the consumer cost of tariffs. Now if you've misstated or misled in that regard, feel free to clear up your actual position.
Posted by Taxing Authority
Houston
Member since Feb 2010
63581 posts
Posted on 6/11/26 at 9:41 am to
quote:

I have given you my answer. I stand with the founding fathers and those up to FDR.

Its you who is claiming they are like AOC and Bernie.
I admire your dedication to being wrong.
Posted by Jjdoc
Cali
Member since Mar 2016
55721 posts
Posted on 6/11/26 at 9:42 am to
quote:

it's different in the world of 2026 than it was in the world of 1805


Nah. Its the same world, just different policies. Those policies created what you laid out. Thats all. Nothing more, nothing less.

quote:

Which of those guys is still alive in 2026?


Thats not relevant. They stood on a very different platform than you are suggesting is conservative.

Either they are like Bernie or they are not. Which is it?

quote:

That's no longer the question. We're talking about whether they are a good idea in 2026.



Not at all. The question you formed is within the engagements created by the federal gov. You can not see a world where those entanglements are not needed.

quote:

I agree with farmers in 1870 that a mule-drawn plow was a good idea, because it's the best tool they had access to. Much better than trying to plow it yourself.


Fallacy. The USA marched from there to the industrial power of the world with those policies in place.. modern history sir.

It put in place the method by which we won ww2.

Free trade has killed wealth and production of critical needs in this nation and there is only 1 way to reverse that. 1.... undo the entanglements
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139580 posts
Posted on 6/11/26 at 9:43 am to
quote:

I mean... TMSC, cited in this thread, is nationally subsidized by our government. US AI companies have literally stolen all IP, with our government's blessing and immunity. Trump said the other day the government will take a stake in OpenAI, as they already do in Intel and Nvidia. People act as if we don't do these things, but we do, and are looking to do more of it.
Do you understand the difference between your contention regarding instruments of national security, and allowing the Chinese free rein to undercut those same industries?
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139580 posts
Posted on 6/11/26 at 9:44 am to
quote:

Our economic situation looks nothing like it did when we were founded.
Strawman
Posted by Taxing Authority
Houston
Member since Feb 2010
63581 posts
Posted on 6/11/26 at 9:46 am to
quote:

it's different in the world of 2026 than it was in the world of 1805
quote:

Nah. Its the same world,
If you believe this, I'd rather teach my dog calculus. More likely to have success.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477890 posts
Posted on 6/11/26 at 9:47 am to
quote:

Look, the bottomline is you believe the CCP should be given carte blanche to undercut US industry through nationalized subsidies, patent infringement, and various other means if it means cost savings to US consumers.


Patent infringement?

Who is supporting that. That's outside the economic discussion of tariffs and manufacturing.
Posted by Jjdoc
Cali
Member since Mar 2016
55721 posts
Posted on 6/11/26 at 9:48 am to
Not true. You are claiming the policies are the same, thus socialism. There is no way around that. You can not rectify that.

Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139580 posts
Posted on 6/11/26 at 9:51 am to
quote:

That's outside the economic discussion of tariffs and manufacturing.
It is well within the topic of trade, economic relations, and is a well-described issue.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477890 posts
Posted on 6/11/26 at 9:51 am to
quote:

Nah. Its the same world,



Yeah no improvements in our ability to travel, transfer goods, or communicate. No difference in impact on humanity, society, or economies.

quote:

Fallacy. The USA marched from there to the industrial power of the world with those policies in place.

Which specific policies? We didn't become the #1 nation on earth with tariffs as our primary federal revenue source (it's not really relevant regardless).

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