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Started By
Message
re: Tariffs I urge caution
Posted on 9/24/24 at 4:35 pm to RogerTheShrubber
Posted on 9/24/24 at 4:35 pm to RogerTheShrubber
quote:
Cheap imports have helped more poor Americans out of poverty than the government
Such false bullshite
The government mortgaging the future by spending trillions and trillions has raised people's livelihoods.
2
Posted on 9/24/24 at 4:36 pm to scottydoesntknow
quote:
Cheap imports have helped more poor Americans out of poverty than the government
Such false bullshite
Progressives standing up for the government..
Posted on 9/24/24 at 4:36 pm to NC_Tigah
quote:
When will receipts be right at 20% of GDP?
Always.
Hauser's Law
quote:
Hauser's law is the empirical observation that, in the United States, federal tax revenues since World War II have always been approximately equal to 19.5% of GDP, regardless of wide fluctuations in the marginal tax rate
Posted on 9/24/24 at 4:36 pm to scottydoesntknow
quote:
The government mortgaging the future by spending trillions and trillions has raised people's livelihoods.
Enjoy your inflation.
If you ever complain again about it, youre a massive hypocrite.
Posted on 9/24/24 at 4:37 pm to RogerTheShrubber
quote:
Y'all have become Democrats.
If you mean Hamilton and Andrew Jackson, I basically align with their point of view of using tariffs to fund the federal government.
Posted on 9/24/24 at 4:37 pm to RogerTheShrubber
quote:
quote:
Income taxes are way more communistic than tariffs.
Tariffs are socialistic. Govt propping up select industries and companies by taking from the worker.
Again, if Trump came out against them tonight, y'all would be 100% free market tomorrow.
Yall would be better off subsidizing worker pay than taxing workers to support corporations.
When we lower all working regulations, minumum wage laws, environmental regulations, etc to meet China, then well talk eliminating tariffs.
Posted on 9/24/24 at 4:38 pm to touchdownjeebus
quote:
If you pair those tariffs with economic incentives to American companies to return to manufacturing in the USA, it most certainly can create a boom.
A boom for the unemployable lower class, but inflation for everyone else, which will hurt the actually productive parts of our economy (by diverting spending away from these areas to the lower-levels via price increases of those goods due to the tariff-based redistribution).
Posted on 9/24/24 at 4:39 pm to RogerTheShrubber
quote:
Enjoy your inflation.
If you ever complain again about it, youre a massive hypocrite.
I didnt vote to spend trillions, never have and never will. You must be confused
Posted on 9/24/24 at 4:39 pm to RogerTheShrubber
quote:It’s definately helped shielded a isht ton of inflation from consumers. A tee shirt costs about what it did in the 1990s. If it were made here, it’d be 3-4x more.
Cheap imports have helped more poor Americans out of poverty than the government
This post was edited on 9/24/24 at 4:40 pm
Posted on 9/24/24 at 4:39 pm to GumboPot
quote:
I basically align with their point of view of using tariffs to fund the federal government.
Tell me the 80-90% of federal spending you want to cut to make this work
Posted on 9/24/24 at 4:41 pm to Taxing Authority
quote:
quote:
Cheap imports have helped more poor Americans out of poverty than the government
It’s definately helped shielded a isht ton of inflation from consumers. A tee shirt costs about what it did in the 1990s. If it were made here, it’d be 3-4x more.
So you are basically saying wed have more American business opportunity and less foreign made junk in landfills. Sounds like win to me
Posted on 9/24/24 at 4:42 pm to RogerTheShrubber
quote:
quote:
Cheap imports have helped more poor Americans out of poverty than the government
Such false bullshite
Progressives standing up for the government..
You are just an unhinged old man
Posted on 9/24/24 at 4:42 pm to scottydoesntknow
quote:Got to close the border, too.
When we lower all working regulations, minumum wage laws, environmental regulations, etc to meet China, then well talk eliminating tariffs.
Posted on 9/24/24 at 4:43 pm to SlowFlowPro
quote:
quote:
I basically align with their point of view of using tariffs to fund the federal government.
Tell me the 80-90% of federal spending you want to cut to make this work
Right because the government is totally spending only what it takes in now...
Posted on 9/24/24 at 4:43 pm to scottydoesntknow
quote:
So you are basically saying wed have more American business opportunity and less foreign made junk in landfills
Less business opportunity.
You would be shocked at how many "American Made" products you own with Chinese components.
Smart businessmen utilize cheaper imports as components.
Posted on 9/24/24 at 4:44 pm to SlowFlowPro
quote:They’ll still be unemployable. Just more expensive to support.
A boom for the unemployable lower class
Posted on 9/24/24 at 4:46 pm to scottydoesntknow
quote:No. You just wouldn’t be able to afford clothes. Just like the old days
So you are basically saying wed have more American business opportunity and less foreign made junk in landfills.
I remember when it was fairly common to sew clothes at home. because it was significant cheaper than buying them. Does Walmart even sell clothes patterns and cloth anymore? (honestly do t know)
quote:Fantasies always do.
Sounds like win to me
This post was edited on 9/24/24 at 4:49 pm
Posted on 9/24/24 at 4:50 pm to OWLFAN86
quote:
In addition, at the time, America was the net beneficiary of foreign capital investment, which resulted in the trade deficits that Trump so hates today. This inflow of global capital contributed to a burst of new technology and ideas, all put to the test in a free market.
Good points. It should also be noted that Great Briton was free trade in the 19th century which allowed the USA to charge tariffs without any retaliation from a large trading partner. That would not happen today.
In certain pin point cases, selected tariffs to protect specific key industries might be beneficial. But the general rule is that tariffs cause economic pain.
Posted on 9/24/24 at 4:52 pm to Taxing Authority
quote:
quote:
When we lower all working regulations, minumum wage laws, environmental regulations, etc to meet China, then well talk eliminating tariffs.
Got to close the border, too.
bingo
Incomplete libertarian policy is worse than full socialist policy
Allow free immigration + welfare state =shithole
International free trade + massive government regulations = losing all your industry to communist and/or third world countries
Yall sit on your ivory towers with your idealistic bullshite but your way leads to implosion. You cant just be a consumer economy indefinitely. It only works now because the government subsidizes it with make believe money.
People like SFP and Roger and desk jockeys who havent built or produced anything in their whole life. Of course they think the status quo is the best
Posted on 9/24/24 at 4:57 pm to OWLFAN86
You forget one very important fact: Trump used tariffs in his first term and used that to negotiate trade deals and lower prices. The US economy thrived.
Oh, and for you guys that love this Democrat talking point - Biden left those tariffs in place.
Oh, and for you guys that love this Democrat talking point - Biden left those tariffs in place.
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