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-   -   Trump signs tariffs (http://www.paceadvantage.com/forum/showthread.php?t=143679)

Clocker 03-11-2018 07:56 PM

Quote:

Originally Posted by elysiantraveller (Post 2289175)
Upside down world...

The Dems are now more capitalist than the "republicans." :pound:

Except when they aren't.

It's all quite amazing actually.

The Dems are in a real dilemma. They are opposed to Trump, but that is a moving target because he keeps changing his positions.

So every time Trump flips, the Dems have to flop. :popcorn:

fast4522 03-11-2018 08:07 PM

Quote:

Originally Posted by elysiantraveller (Post 2289175)
Upside down world...

The Dems are now more capitalist than the "republicans." :pound:

Except when they aren't.

It's all quite amazing actually.

Not really at all, establishment left and right make backroom deals and 60% of America gets the shaft election after election. Donald J. Trump comes along plowing right up the middle securing that 60% that has been shafted election after election. As long as he courts that 60% to the hilt NO ONE will ever be able to stop him, leaving the establishment the hind tit. That 60 % is now his base and they want to stick it to China & Europe, this will be and there is nothing that can stop him. Besides trade his base wants the ACA GONE, so while you guys feel nauseous about trade note only 63% of Trumps objectives have been completed inside the first year. As I said before you will have plenty of material over the coming years, count that after year two that 63% will be higher.

Tom 03-11-2018 08:28 PM

Quote:

Originally Posted by jocko699 (Post 2289166)
Vox, OMG. Maybe they will put him on double secret probation:pound:

Third party tweet with no data to back up the claims.
How very FANtastic.

reckless 03-11-2018 09:31 PM

A country will not grow and become prosperous if it is strictly a consumer-oriented economy. The 'free' traders in this country have been telling us that these tariffs are bad and we may as well point a cannon on the unsuspecting backs of the American consumer.

What Trump is doing is making the USA the place to manufacture again, and manufacturing is what creates jobs. And it is manufacturing growth which leads to prosperity, not through some pencil pusher in a cheap suit saving a few bucks on socks bought at Wal-Mart.

We've had a couple of Trump critics tell us how dangerous the steel tariffs are to our country and how the consumer will get killed. Really??

We've already shown them that a $100 increase due to the steel tariff on the sticker price of a car is an insignificant increase on top of a $30,000 automobile.

Wilbur Ross also said that the aluminum tariff will increase the price of a can of soup or soda by ... hold on to your wallet ... one-third of one penny.

If people are worried that Daimler Benz will raise their prices of cars as a retaliation or partake in a trade 'war', then let them. Then the marketplace will decide their fate. Just like the 'free' traders always say it should be.

And if Mercedes wishes NOT to pay the duty... then they could avoid it by simply building manufacturing plants here in good ol' USA. Trump didn't bar any foreign company from building plants here, now did he?

elysiantraveller 03-11-2018 09:55 PM

Quote:

Originally Posted by reckless (Post 2289206)
...

Hilarious... especially your last paragraph.

8 of the top 15 auto plants in this country are foreign companies. Link

Now it costs more for them to import steel here... from the countries they are headquartered out of. Great place to do business with a model like that huh? :pound::pound:

https://i.imgflip.com/1og7s3.jpg

Silly capitalism and the global economy strike again to torpedo your point.

mrhorseplayer 03-11-2018 10:04 PM

IF those auto companies form other countries dont like paying the tariffs on imported steel well they can go back to the country they are from.

Clocker 03-11-2018 10:05 PM

Quote:

Originally Posted by reckless (Post 2289206)

What Trump is doing is making the USA the place to manufacture again, and manufacturing is what creates jobs.

Manufacturing output in this country has doubled in the last 30 years. We are still a manufacturing country as much as we ever were. In terms of gross output, manufacturing in this country is far and away the biggest sector.

https://ei.marketwatch.com/Multimedi...0-0015c588dfa6

But manufacturing is not what creates jobs here. We aren't, and won't be ever again, a growing manufacturing employer. Of the lost manufacturing jobs in this country over the few decades, 85% have been lost to automation, not to foreign competition. Tariffs aren't going to bring those jobs back, ever.

https://www.marketwatch.com/story/us...des-2016-03-28

PS If you look at trade on a disaggregated basis, we do run a very high balance of trade deficit on goods. But we have a balance of trade surplus on services. We sell more services to foreign markets than we buy from them.

elysiantraveller 03-11-2018 10:17 PM

Quote:

Originally Posted by mrhorseplayer (Post 2289218)
IF those auto companies form other countries dont like paying the tariffs on imported steel well they can go back to the country they are from.

At the cost of American jobs. Both in the manufacturing sector and... ironically... in the steel sector.

Now what good did that accomplish?

reckless 03-11-2018 10:30 PM

We'll see, we'll see, elysiantraveler.

The joke is on all you guys who think people don't understand now that the USA economy and wealth are being transferred to the Chinese and other foreign countries at our expense annually by the billions, as has been the case for decades.

But don't worry, there will always be shitheads who'd rather buy their T-shirts and underwear at a Wal-Mart, their household goods at a Dollar General and their canned and frozen foods at 99 cent dumps.

Clocker 03-11-2018 10:39 PM

Quote:

Originally Posted by mrhorseplayer (Post 2289218)
IF those auto companies form other countries dont like paying the tariffs on imported steel well they can go back to the country they are from.

And take all the jobs they created for Americans with them?

Of course they are going to pay the tariffs. And they are going to pass the costs on to American consumers, just like Ford and GM will do. And as ever, at the bottom of the food chain are consumers. And if they can't or won't pay those costs, sales of cars fall and workers get laid off.

fast4522 03-11-2018 10:52 PM

Just because a few meatheads like yourselves are determined to shape the narrative here, does not mean the outcome will be as you say. In fact it is a pretty good bet your going to get slammed in policy that is going to be around until your old git's.

OntheRail 03-11-2018 10:54 PM

Quote:

Originally Posted by elysiantraveller (Post 2289217)
Hilarious... especially your last paragraph.

8 of the top 15 auto plants in this country are foreign companies. Link

Now it costs more for them to import steel here... from the countries they are headquartered out of. Great place to do business with a model like that huh? :pound::pound:



Silly capitalism and the global economy strike again to torpedo your point.

Or... Or they could just purchase DOMESTIC Steel and forgo the added cost of import tariff.

horses4courses 03-11-2018 10:59 PM

Quote:

Originally Posted by reckless (Post 2289227)
But don't worry, there will always be shitheads who'd rather buy their T-shirts and underwear at a Wal-Mart, their household goods at a Dollar General and their canned and frozen foods at 99 cent dumps.

and you are indebted to those fine people for electing your ....umm....guy :faint:

elysiantraveller 03-11-2018 11:03 PM

Quote:

Originally Posted by reckless (Post 2289227)
We'll see, we'll see, elysiantraveler.

The joke is on all you guys who think people don't understand now that the USA economy and wealth are being transferred to the Chinese and other foreign countries at our expense annually by the billions, as has been the case for decades.

But don't worry, there will always be shitheads who'd rather buy their T-shirts and underwear at a Wal-Mart, their household goods at a Dollar General and their canned and frozen foods at 99 cent dumps.

Meh... we get it a lot of it back in service exports which top out at around $1.2 Trillion and our 15-16% share of the global sector. Clocker already pointed this out.

That and the fact:

- $18 Trillion GDP
- Cheap Goods
- Full Employment
- Highest Manufacturing Production in History
- Highest Levels of Consumption (Globally)
- High standard of living
- Relatively Low Cost of Living (Lower than Germany, France, UK, Sweden, Finland, Japan, Australia, South Korea, you know all those countries this targets)

Those things none of you want to touch because they don't fit the Trumpnomics narrative.

Back to Milty...

elysiantraveller 03-11-2018 11:08 PM

Quote:

Originally Posted by OntheRail (Post 2289234)
Or... Or they could just purchase DOMESTIC Steel and forgo the added cost of import tariff.

They would be purchasing it at a higher price so the dilemma remains. Consumers would pay more for goods.

The above video demonstrates this.


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