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Started By
Message
re: US Steel doubles profits with tariff price increases--buys back stock, gives raises
Posted on 11/2/18 at 8:56 pm to tenderfoot tigah
Posted on 11/2/18 at 8:56 pm to tenderfoot tigah
quote:
What advantage is there sending American money over seas?
Economics in One Lesson
Great section on tariffs that still holds true today. It's free
Easy answer is that in most cases the US isn't the low cost producer of many goods. You'd pay significantly higher prices to buy all "made in America" products because our input costs are much higher.
This post was edited on 11/2/18 at 8:57 pm
0
Posted on 11/2/18 at 8:57 pm to tenderfoot tigah
quote:
The tariffs were not to eliminate foreign buying, but incentivize American buying.
Where did you dream that up?? How does imposing a 25% price increase "incentivize" any purchase?
Did you read that somewhere?
How does US Steel's profits do that???
Posted on 11/2/18 at 8:59 pm to I B Freeman
You're like the Tiger Ree of the poli board. Such a sad, sad person.
Posted on 11/2/18 at 9:00 pm to Wheaux
good post--lots of intelligent retorts to the OP.
Is that the best you can do??
Is that the best you can do??
This post was edited on 11/2/18 at 9:01 pm
Posted on 11/2/18 at 9:08 pm to I B Freeman
Were you once a Jamaican slave?
Posted on 11/2/18 at 9:08 pm to I B Freeman
quote:
Ib
This is the long game bro. We either confront the Communist Chinese now or there will not be a POLI BOARD for you act like a little bitch. Wake up!!
Posted on 11/2/18 at 9:20 pm to I B Freeman
quote:
How does imposing a 25% price increase "incentivize" any purchase?
Did you read your own article? American profits and wages are up. Looks like the tariffs worked exactly like I said.
Posted on 11/2/18 at 9:23 pm to I B Freeman
quote:we're bigger than US Steel
MAGA
Posted on 11/2/18 at 9:28 pm to I B Freeman
Meanwhile industries that use steel products are paying more for the products and seeing profits drop not to mention the price increases in consumer goods. But it’s all good because the steel companies are better off.
Posted on 11/2/18 at 9:31 pm to tenderfoot tigah
quote:
Looks like the tariffs worked exactly like
They worked just like Wilbur Ross wanted---cash in the hands of his friends in the steel business.
You people contort yourself into illogical positions just so you do not criticize a Trump policy. Facts just do not matter to you.
Posted on 11/2/18 at 9:32 pm to I B Freeman
I don't take your tariff posts serious anymore, so I guess that's the best I have for you.
Posted on 11/2/18 at 9:36 pm to I B Freeman
quote:
are giving 14% across the board raises to their union workers.
Oh the horror!!!! A pos management frickface like you who profits off of the fruits of cheap chicom labor must really hate that
Posted on 11/2/18 at 9:37 pm to I B Freeman
So good to see the free market at work.
Meanwhile soybean farmers are paying the price, as futures hit record lows and crops are piling up as the Chinese slash imports. And two R reps (Hartzler and Graves) in rural western Missouri (top bean producer) suddenly starting running ads this week. Red state America finally waking up and realizing the orange clown doesn't care about them?
Meanwhile soybean farmers are paying the price, as futures hit record lows and crops are piling up as the Chinese slash imports. And two R reps (Hartzler and Graves) in rural western Missouri (top bean producer) suddenly starting running ads this week. Red state America finally waking up and realizing the orange clown doesn't care about them?
This post was edited on 11/2/18 at 9:38 pm
Posted on 11/2/18 at 9:37 pm to I B Freeman
You keep changing the subject. You come on here bitching about the President and tariffs. Let's hear YOUR strategy.
If you don't have one, shut the hell up. Trump has one. Looks like the economy is doing well and Won Hung Lo is suffering. Trump wants to get them to the table and this is his idea to do it.
Let's hear yours, Milton Friedman.
If you don't have one, shut the hell up. Trump has one. Looks like the economy is doing well and Won Hung Lo is suffering. Trump wants to get them to the table and this is his idea to do it.
Let's hear yours, Milton Friedman.
This post was edited on 11/2/18 at 9:39 pm
Posted on 11/2/18 at 9:40 pm to antibarner
quote:
You keep changing the subject.
Where??? When I ask that you--antithinker--acknowledge you do not know the difference between the steel tariffs and the tariffs on the Chinese?
Is the earnings statement linked to in the OP something you cannot understand either?
Posted on 11/2/18 at 9:41 pm to RockChalkTiger
We can sell those beans elsewhere, and where are the Chinese going to buy enough anyway? If we stay the course, they will break.
Posted on 11/2/18 at 9:41 pm to I B Freeman
REEEEEEEEEEEEE
no one takes you serious you bitch
no one takes you serious you bitch
Posted on 11/2/18 at 9:41 pm to antibarner
I B Spammin ripping up the board.
Posted on 11/2/18 at 9:42 pm to Jbird
Fir every union worker who gets a raise his bonus goes down by $100
Posted on 11/2/18 at 9:42 pm to I B Freeman
I have, in several post strings, asked you your strategy. It is apparent you are a typical Communist.
Resist. You have no strategy, because you want China to win. Pray tell us why that might be. There are those here that say you will benefit financially if they do.
Resist. You have no strategy, because you want China to win. Pray tell us why that might be. There are those here that say you will benefit financially if they do.
This post was edited on 11/2/18 at 9:44 pm
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