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re: Not Even the Pentagon Thinks Tariffs Are Needed for National Defense
Posted on 3/10/18 at 11:57 am to RollTide4Ever
Posted on 3/10/18 at 11:57 am to RollTide4Ever
It’s called a negotiating tactic. Why is that so hard to understand?
Posted on 3/10/18 at 11:59 am to Lou the Jew from LSU
quote:
It’s called a negotiating tactic. Why is that so hard to understand?
I guess we will see, eh?
Regardless they're not necessary for national defense.
Posted on 3/10/18 at 12:05 pm to GeorgeWest
quote:
Free Trade is one of the pillars of capitalism. Trump is leading us back toward some kind of 18th century mercantilism.
I am just an engineer. I am no economist. I would like someone to explain to be what this "Free Trade" is that to which you refer.
Have we ever had "Free Trade"? Tariffs were proposed by Alexander Hamilton and have existed ever since. We currently have tariffs on all kinds of products, and the rest of the world has higher tariff rates than us.
We huge tariffs on products like tobacco (~350%) and peanuts (>100%) and tennis shoes, yet people are acting like these proposed tariffs on steel and aluminum are the first tariffs ever.
I think everyone is over-reacting about the proposed tariffs. Cost of goods in the US has been increasing. Things like raising the minimum wage, increased regulations and taxes, etc. have done more to increase the cost of goods than tariffs in general have.
The problem with tariffs like Obama slapped on Chinese tires were that he did nothing domestically to help the tire industry. So tires were still too expensive to make here. So instead of coming from China, they came from other nations.
Maybe with the now lower corporate taxes and reduced regulations, tariffs make more since in Trump's economy since those companies would have a better chance at competing globally.
Posted on 3/10/18 at 12:08 pm to RogerTheShrubber
quote:then their candy asses should run and you can vote for them. Trump has his own team of genius ivy leaguers helping shape his economic policy. Hearing all the bellyaching going on from the establishment makes me believe trump is on the right course
I don't have to be smarter, but I listen to people who are a lot smarter than Trump.
Those brilliant people you’re listening to are the same great minds who concocted NAFTA and the TPP and are responsible for selling this country out. Fair trade. America first.
Posted on 3/10/18 at 12:09 pm to Terry the Tiger
quote:
Maybe with the now lower corporate taxes and reduced regulations, tariffs make more since in Trump's economy since those companies would have a better chance at competing globally.
Prices, even domestically will rise. Tariffs will hurt more industry than they will help. The Bush steel tariff is an example.
There's little denying it will help a particular industry. But that's pretty much the limit. Cheap products, even imports help the American consumer and also help associated industries who utilize those imports.
Posted on 3/10/18 at 12:12 pm to RogerTheShrubber
Face it. You are as much if a team player as anyone here by virtue of utterly despising Obama or anyone associated.
And lighten up Francine. Don't shoot the messenger
And lighten up Francine. Don't shoot the messenger
Posted on 3/10/18 at 12:12 pm to RogerTheShrubber
We have far too many conservatives that lament republicans who wont play dirty with dems in order to win, then are the first to pass judgement when they do.
We truly are the most self loathing political party on earth.
We truly are the most self loathing political party on earth.
Posted on 3/10/18 at 12:16 pm to GeorgeWest
quote:
Free Trade is one of the pillars of capitalism. Trump is leading us back toward some kind of 18th century mercantilism.
For the bazillionth time, we are not currently operating in a free trade environment.
Posted on 3/10/18 at 12:17 pm to GeorgeWest
quote:
Free Trade is one of the pillars of capitalism. Trump is leading us back toward some kind of 18th century mercantilism.
I love how everyone knows everything when it comes to something complex like the US economy. The guy ran on tariffs, and won; he is putting tariffs in place fulfilling his campaign promises. Let’s see what happens.
Posted on 3/10/18 at 12:20 pm to Tigerdev
quote:
Face it. You are as much if a team player as anyone here by virtue of utterly despising Obama or anyone associated.
You're an over emotional Obama bot. It's all you are, all you do. You add nothing.
Posted on 3/10/18 at 12:20 pm to RollTide4Ever
quote:
Not Even the Pentagon Thinks Tariffs Are Needed for National Defense
Why did you link an Australian webpage?
Besides this move is all about politics. It locks up "the rust belt" for Trump and has minimal negative side effects.
Posted on 3/10/18 at 12:21 pm to LSUTIGER in TEXAS
quote:
Trump has his own team of genius ivy leaguers helping shape his economic policy.
You mean like Gary Cohn?
Posted on 3/10/18 at 12:21 pm to Vacherie Saint
quote:
We have far too many conservatives that lament republicans who wont play dirty with dems in order to win, then are the first to pass judgement when they do.
Conservatives generally like conservative principles. Trump is pushing self professed conservatives toward progressive ideology one day at a time.
I agree with some things Trump does and disagree with others. I'm not a "supporter" of any president, just policy.
Posted on 3/10/18 at 12:32 pm to WeeWee
Republicans in 2012:
"We need figther who is going to tackle immigration"
"We need a guy who can win the battleground states and break down the blue wall in the rust belt"
"We need a guy who won't take any shite from the media, and who hits back when dems attack"
Republicans in the age of Trump:
"Why is pos Trump willing to negotiate on daca?!?!"
"Why is pos Trump proposing tariffs to prop up American foundries in the rust belt?!?!"
"Why is pos Trump wasting time bashing cnn on Twitter?!?!"
"We need figther who is going to tackle immigration"
"We need a guy who can win the battleground states and break down the blue wall in the rust belt"
"We need a guy who won't take any shite from the media, and who hits back when dems attack"
Republicans in the age of Trump:
"Why is pos Trump willing to negotiate on daca?!?!"
"Why is pos Trump proposing tariffs to prop up American foundries in the rust belt?!?!"
"Why is pos Trump wasting time bashing cnn on Twitter?!?!"
Posted on 3/10/18 at 12:41 pm to Vacherie Saint
quote:
"Why is pos Trump proposing tariffs to prop up American foundries in the rust belt?!?!"
Again, what's good politically isn't necessarily good economically.
He's got the economy humming, pretty much at full employment. The tariffs are definitely a high risk.
Posted on 3/10/18 at 12:45 pm to RollTide4Ever
If I were you, I wouldn't take global economic advice from a group of Flag Officers who have spent their entire lives in the US military.
Posted on 3/10/18 at 12:46 pm to GeorgeWest
quote:If only we had free trade, that would be a pertinent comment. We don't. We have foreign actors manipulating to artificially disadvantage US producers. It should be obvious that unfair, unfree trade designed to disadvantage US production is not good for this country.
Free Trade is one of the pillars of capitalism.
Posted on 3/10/18 at 12:48 pm to RogerTheShrubber
If he is using the tariff to get nafta restructured, and potty train china a little, which it appears thats what is happening, i support it.
And as if it needs to be said for the millionth time. It takes two to tango when it comes to free trade. What we currently have with China, and many others, is NOT free trade. The bric countries, for example, are all heavily protectionist on trade.
And as if it needs to be said for the millionth time. It takes two to tango when it comes to free trade. What we currently have with China, and many others, is NOT free trade. The bric countries, for example, are all heavily protectionist on trade.
This post was edited on 3/10/18 at 12:52 pm
Posted on 3/10/18 at 1:08 pm to RollTide4Ever
Arent these the same guys that pay hundreds of dollars for toilets seats, muffins, and hammers and such?
Pardon me if I cast a little doubt in their general direction on the matter of economics
quote:
You'd think the U.S. military would have learned a lesson or two about wasteful spending after scandals over purported $100 hammers, $300 toilet seats, and $16 muffins. But it turns out the Pentagon is still presiding over one of the most catastrophically wasteful militaries on Earth.
Pardon me if I cast a little doubt in their general direction on the matter of economics
Posted on 3/10/18 at 2:48 pm to RogerTheShrubber
Try to enter a thread critical of the administration and not mention Obama. Do that and I'll have no leg to stand on.
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