Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Off Topic > Off Topic - General


Reply
 
Thread Tools Rate Thread
Old 03-11-2018, 11:05 AM   #31
elysiantraveller
Registered User
 
elysiantraveller's Avatar
 
Join Date: Oct 2004
Posts: 7,245
Rep Power: 21 elysiantraveller will become famous soon enough
.
Quote:
Originally Posted by classhandicapper View Post
The free trade advocates remind me of that scene from Animal House.

https://www.youtube.com/watch?v=qdFLPn30dvQ

After decades of getting our clock cleaned, rather than observing and admitting to reality they stick to fully discredited theory. It has to be the greatest case of cognitive bias in all human history. To be clear, I was guilty of it for about 20+ years also even as the evidence I was wrong first started trickling in. But it's obvious now.

Apparently years ago, the smartest and most honest guy in the room was Ross Perot.
What evidence of "getting our clock cleaned"?

Massive levels of consumption? High standards of living? Highest manufacturing output in history? Cheap goods? $18 Trillion GDP? Full employment?

You keep saying this and others but I've seen no evidence of the global trade economy kicking our ass...

Last edited by elysiantraveller; 03-11-2018 at 11:15 AM.
elysiantraveller is offline   Reply With Quote Reply
Old 03-11-2018, 12:27 PM   #32
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 6,640
Rep Power: 23 fast4522 has a spectacular aura aboutfast4522 has a spectacular aura aboutfast4522 has a spectacular aura about
Quote:
Originally Posted by Inner Dirt View Post
The anti tariff people act like foreign countries don't put tariffs on USA goods and let American made items flow into their country with ease.
If a country puts a 30% duty on our cars entering their country it is just fair we put 30% on them, the cost of access to our economy.
__________________
Make America Great Again!

Last edited by fast4522; 03-11-2018 at 12:28 PM.
fast4522 is offline   Reply With Quote Reply
Old 03-11-2018, 12:36 PM   #33
Clocker
Registered User
 
Join Date: Jul 2013
Posts: 14,971
Rep Power: 22 Clocker is a jewel in the roughClocker is a jewel in the roughClocker is a jewel in the rough
Quote:
Originally Posted by fast4522 View Post
If a country puts a 30% duty on our cars entering their country it is just fair we put 30% on them, the cost of access to our economy.
You aren't putting the cost "on them", you are putting it on the consumers in this country.
__________________
A man's got to know his limitations. -- Dirty Harry
Clocker is online now   Reply With Quote Reply
Old 03-11-2018, 12:40 PM   #34
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 6,640
Rep Power: 23 fast4522 has a spectacular aura aboutfast4522 has a spectacular aura aboutfast4522 has a spectacular aura about
Who are you trying to shit, cars alone will bring Germany to its knees, I could care less that you have to pay 30% more for your BMW. Everyone living paycheck to paycheck will laugh at you.
__________________
Make America Great Again!

Last edited by fast4522; 03-11-2018 at 12:48 PM.
fast4522 is offline   Reply With Quote Reply
Old 03-11-2018, 12:46 PM   #35
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 6,640
Rep Power: 23 fast4522 has a spectacular aura aboutfast4522 has a spectacular aura aboutfast4522 has a spectacular aura about
Quote:
Originally Posted by elysiantraveller View Post
.

What evidence of "getting our clock cleaned"?

Massive levels of consumption? High standards of living? Highest manufacturing output in history? Cheap goods? $18 Trillion GDP? Full employment?

You keep saying this and others but I've seen no evidence of the global trade economy kicking our ass...
This is going to disrupt Europe big time, forget your numbers because when we reach Y2K numbers and far exceed that period of time it will be at the expense of everyone else. Just as the last 30 years has been at our expense. This is just the very begining and you full well know it.
__________________
Make America Great Again!
fast4522 is offline   Reply With Quote Reply
Old 03-11-2018, 12:51 PM   #36
Clocker
Registered User
 
Join Date: Jul 2013
Posts: 14,971
Rep Power: 22 Clocker is a jewel in the roughClocker is a jewel in the roughClocker is a jewel in the rough
Quote:
Originally Posted by fast4522 View Post
Who are you trying to shit, cars alone will bring Germany to its knees, I could less that you have to pay 30% more for your BMW. Everyone living paycheck to paycheck will laugh at you.
If the prices on imported cars are increased by tariffs, do you really believe that American car companies would not raise their prices?
__________________
A man's got to know his limitations. -- Dirty Harry
Clocker is online now   Reply With Quote Reply
Old 03-11-2018, 12:58 PM   #37
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 6,640
Rep Power: 23 fast4522 has a spectacular aura aboutfast4522 has a spectacular aura aboutfast4522 has a spectacular aura about
Quote:
Originally Posted by Clocker View Post
If the prices on imported cars are increased by tariffs, do you really believe that American car companies would not raise their prices?
I think American car manufacturers would have the best years ever recorded. Our economy will explode with jobs, Trump will become unbeatable. Every positive record will be shattered, socialism abroad will go into a tailspin that it can never recover from.
__________________
Make America Great Again!
fast4522 is offline   Reply With Quote Reply
Old 03-11-2018, 01:03 PM   #38
Clocker
Registered User
 
Join Date: Jul 2013
Posts: 14,971
Rep Power: 22 Clocker is a jewel in the roughClocker is a jewel in the roughClocker is a jewel in the rough
Quote:
Originally Posted by fast4522 View Post
I think American car manufacturers would have the best years ever recorded. Our economy will explode with jobs, Trump will become unbeatable. Every positive record will be shattered, socialism abroad will go into a tailspin that it can never recover from.
You completely avoided the question, so let me repeat it.

If the prices on imported cars are increased by tariffs, do you really believe that American car companies would not raise their prices?
__________________
A man's got to know his limitations. -- Dirty Harry
Clocker is online now   Reply With Quote Reply
Old 03-11-2018, 01:07 PM   #39
classhandicapper
Registered User
 
classhandicapper's Avatar
 
Join Date: Mar 2005
Location: Queens, NY
Posts: 13,945
Rep Power: 28 classhandicapper will become famous soon enoughclasshandicapper will become famous soon enough
Quote:
Originally Posted by elysiantraveller View Post
.

What evidence of "getting our clock cleaned"?

Massive levels of consumption? High standards of living? Highest manufacturing output in history? Cheap goods? $18 Trillion GDP? Full employment?

You keep saying this and others but I've seen no evidence of the global trade economy kicking our ass...
When you are running consistent huge trade deficits you are losing.

You are getting depreciating goods. They are getting dollars which they use to buy US stocks, bonds, and real estate. The income from the government bonds comes out of our tax dollars and since they control the sale and purchase of trillions dollars of US bonds, they have influence over our interest rates and thus have political clout in the US also.

When you USED to have a vibrant middle class and it is evaporating because the jobs to produce goods have moved overseas, your are losing.

But hey, some of us bought blue chips stocks in the 80s and get cheaper goods at Walmarts so everything must be great.
__________________
"Money won is twice as sweet as money earned." Fast Eddie Felson
classhandicapper is online now   Reply With Quote Reply
Old 03-11-2018, 01:10 PM   #40
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 6,640
Rep Power: 23 fast4522 has a spectacular aura aboutfast4522 has a spectacular aura aboutfast4522 has a spectacular aura about
Quote:
Originally Posted by Clocker View Post
You completely avoided the question, so let me repeat it.

If the prices on imported cars are increased by tariffs, do you really believe that American car companies would not raise their prices?
I think we would enter uncharted territory, our country would see the expansion of these United States uncomfortable to some but higher wages and prices. Ross Perot might then talk of the sucking sound heard in Europe being deafening.
__________________
Make America Great Again!
fast4522 is offline   Reply With Quote Reply
Old 03-11-2018, 01:19 PM   #41
johnhannibalsmith
Registered User
 
johnhannibalsmith's Avatar
 
Join Date: Jul 2009
Posts: 12,358
Rep Power: 24 johnhannibalsmith has a spectacular aura aboutjohnhannibalsmith has a spectacular aura aboutjohnhannibalsmith has a spectacular aura about


And to think that PA thought that it was poor old Zilzal that was a poorly tuned AI program designed to stump you with silliness.
__________________
"You make me feel like I am fun again."

-Robert James Smith, 1989
johnhannibalsmith is offline   Reply With Quote Reply
Old 03-11-2018, 01:37 PM   #42
elysiantraveller
Registered User
 
elysiantraveller's Avatar
 
Join Date: Oct 2004
Posts: 7,245
Rep Power: 21 elysiantraveller will become famous soon enough
Quote:
Originally Posted by classhandicapper View Post
When you are running consistent huge trade deficits you are losing.
I'll ignore the rest since I asked for evidence and its just the standard Trump/Protectionism trope.

And I'll repeat:

- $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)

Getting out "clocks cleaned" doesn't seem so bad.

Grab your Friedman... we're rich... rich people spend more money... spending more money means trade deficits...
elysiantraveller is offline   Reply With Quote Reply
Old 03-11-2018, 03:01 PM   #43
Clocker
Registered User
 
Join Date: Jul 2013
Posts: 14,971
Rep Power: 22 Clocker is a jewel in the roughClocker is a jewel in the roughClocker is a jewel in the rough
Quote:
Originally Posted by johnhannibalsmith View Post


And to think that PA thought that it was poor old Zilzal that was a poorly tuned AI program designed to stump you with silliness.
The spirit of Prof. Irwin Corey lives on.
__________________
A man's got to know his limitations. -- Dirty Harry
Clocker is online now   Reply With Quote Reply
Old 03-11-2018, 03:17 PM   #44
woodtoo
Registered User
 
woodtoo's Avatar
 
Join Date: Nov 2009
Location: donkeys ride from ASD
Posts: 7,737
Rep Power: 22 woodtoo is a name known to allwoodtoo is a name known to allwoodtoo is a name known to allwoodtoo is a name known to allwoodtoo is a name known to allwoodtoo is a name known to all
Quote:
Originally Posted by elysiantraveller View Post
I'll ignore the rest since I asked for evidence and its just the standard Trump/Protectionism trope.

And I'll repeat:

- $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)

Getting out "clocks cleaned" doesn't seem so bad.

Grab your Friedman... we're rich... rich people spend more money... spending more money means trade deficits...
Do you know who a $50 billion trade deficit favors? It is not on your list.
woodtoo is offline   Reply With Quote Reply
Old 03-11-2018, 03:20 PM   #45
elysiantraveller
Registered User
 
elysiantraveller's Avatar
 
Join Date: Oct 2004
Posts: 7,245
Rep Power: 21 elysiantraveller will become famous soon enough
Quote:
Originally Posted by woodtoo View Post
Do you know who a $50 billion trade deficit favors? It is not on your list.
Everyone.
elysiantraveller is offline   Reply With Quote Reply
Reply




Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
» Current Polls
To Compete with Sports Betting must lower takeout/breakage on higher churn wagers?
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 09:37 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Copyright 1999 - 2018 -- PaceAdvantage.Com -- All Rights Reserved -- Best Viewed in a modern browser @ 1280x720 Resolution Or Higher
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.