 |
|
03-25-2019, 07:37 PM
|
#106
|
|
Quintessential guru
Join Date: Mar 2001
Posts: 11,254
|
Quote:
Originally Posted by fast4522
Clocker, so in essence what your saying is when President Donald J. Trump wins again in 2020 we can thank Obama.
|
Quote:
|
The low prices may indicate that the burdens of tariffs are falling on foreign producers and on intermediate goods producers. This can happen when export prices fall in reaction to tariffs, either because manufacturers seek to maintain market share but discounting their goods or because foreign currencies decline against the dollar.
|
https://www.breitbart.com/economy/20...onsumerprices/
__________________
A free people ought not only to be armed, but disciplined; to which end a uniform and well-digested plan is requisite; and their safety and interest require that they should promote such manufactories as tend to render them independent of others for essential, particularly military, supplies.
George Washington
|
|
|
|
03-25-2019, 07:55 PM
|
#107
|
|
The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,861
|
__________________
Who does the Racing Form Detective like in this one?
|
|
|
|
|
03-25-2019, 08:23 PM
|
#108
|
|
Registered User
Join Date: May 2011
Posts: 22,645
|
Quote:
Originally Posted by Tom
|
Don't be sexist ... besides boys, they have girls and halfsies in transition.
|
|
|
|
03-25-2019, 08:35 PM
|
#109
|
|
Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
|
Quote:
Originally Posted by Clocker
If this is true, it is proof that the tariffs are not working. The purpose of the tariffs was to raise the price of imports so that American firms could compete with them. If that isn't happening, then the tariffs are ineffective.
|
You said the tariffs would hurt the economy, raise prices, cause inflation and kill jobs.
None of that happened which is all the proof you need.
|
|
|
|
|
03-25-2019, 08:47 PM
|
#110
|
|
Registered User
Join Date: May 2011
Posts: 22,645
|
Quote:
Originally Posted by reckless
You said the tariffs would hurt the economy, raise prices, cause inflation and kill jobs.
None of that happened which is all the proof you need.
|
... it is only a matter of time ....
|
|
|
|
|
03-25-2019, 09:47 PM
|
#111
|
|
Registered User
Join Date: Jul 2013
Posts: 17,095
|
Quote:
Originally Posted by reckless
You said the tariffs would hurt the economy, raise prices, cause inflation and kill jobs.
None of that happened which is all the proof you need.
|
I said that tariffs effective enough to help American businesses would result in increased prices to American consumers.
The effects of steel tariffs have apparently not passed all the way through to consumers yet, but are having a strong impact on steel users. Consumers will get it in the end.
Quote:
So far, trade wars don’t seem to be as "good, and easy to win" as U.S. President Donald Trump promised a year ago when he imposed tariffs on steel and aluminum imports.
The scorecard shows a split decision. U.S. steelmakers Nucor Corp. and United States Steel Corp. saw significant profit gains in 2018. But manufacturers that buy the metal -- led by Caterpillar Inc., a top three U.S. exporter -- say the tariffs have hurt profits, spurred layoffs and forced some companies to rework supply chains in ways that undercut use of American workers.
U.S. manufacturing PMI, an indicator of economic health for the sector, has dropped steadily since August, and in February sat at its lowest level since Trump won the election.
Manufacturing showed "a lot of momentum coming out of 2017 into 2018," said John Mothersole, an IHS Markit analyst in Washington. "But all that momentum evaporated across the course of the year.”
Mothersole sees the tariffs as a tax on U.S. manufacturers, and said he believes they’re likely a drag on the economy as a whole. After all, he said, a lot more people make things from steel than produce it.
|
https://www.bloomberg.com/news/artic...s-than-winners
__________________
A man's got to know his limitations. -- Dirty Harry
|
|
|
|
|
03-25-2019, 09:53 PM
|
#112
|
|
Quintessential guru
Join Date: Mar 2001
Posts: 11,254
|
Someone say steel tariffs?
Court rejects challenge to Trump's steel tariffs
https://www.washingtonexaminer.com/p...-steel-tariffs
__________________
A free people ought not only to be armed, but disciplined; to which end a uniform and well-digested plan is requisite; and their safety and interest require that they should promote such manufactories as tend to render them independent of others for essential, particularly military, supplies.
George Washington
|
|
|
|
|
03-25-2019, 09:55 PM
|
#113
|
|
Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,478
|
Quote:
Originally Posted by Show Me the Wire
|
Nice. 
|
|
|
|
|
03-25-2019, 10:03 PM
|
#114
|
|
Registered User
Join Date: Jul 2013
Posts: 17,095
|
Quote:
Originally Posted by fast4522
Nice. |
Nice if you own a steel company. Not nice if you make stuff out of steel, or buy stuff made out of steel.
__________________
A man's got to know his limitations. -- Dirty Harry
|
|
|
|
|
03-25-2019, 10:11 PM
|
#115
|
|
Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,478
|
Quote:
Originally Posted by Clocker
Nice if you own a steel company. Not nice if you make stuff out of steel, or buy stuff made out of steel.
|
I did not notice, did emerging markets get hammered today?
Last edited by fast4522; 03-25-2019 at 10:14 PM.
|
|
|
|
|
03-25-2019, 10:14 PM
|
#116
|
|
Registered User
Join Date: May 2011
Posts: 22,645
|
Quote:
Originally Posted by Clocker
Nice if you own a steel company. Not nice if you make stuff out of steel, or buy stuff made out of steel.
|
what about if you were unemployed and now work at a steel company?
|
|
|
|
|
03-25-2019, 11:06 PM
|
#117
|
|
Registered User
Join Date: Jul 2013
Posts: 17,095
|
Quote:
Originally Posted by davew
what about if you were unemployed and now work at a steel company?
|
What about if you were unemployed and now work at a company that uses steel as an input?
Why is it the president's job to pick the winners and losers here?
__________________
A man's got to know his limitations. -- Dirty Harry
|
|
|
|
|
03-25-2019, 11:13 PM
|
#118
|
|
Quintessential guru
Join Date: Mar 2001
Posts: 11,254
|
Quote:
Originally Posted by Clocker
What about if you were unemployed and now work at a company that uses steel as an input?
Why is it the president's job to pick the winners and losers here?
|
His job is to have a good economy and that means picking winners and losers. That is what the tax code does too.
__________________
A free people ought not only to be armed, but disciplined; to which end a uniform and well-digested plan is requisite; and their safety and interest require that they should promote such manufactories as tend to render them independent of others for essential, particularly military, supplies.
George Washington
|
|
|
|
|
03-25-2019, 11:21 PM
|
#119
|
|
Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,478
|
Quote:
Originally Posted by Show Me the Wire
His job is to have a good economy and that means picking winners and losers. That is what the tax code does too.
|
Exactly.
|
|
|
|
|
03-25-2019, 11:49 PM
|
#120
|
|
Veteran
Join Date: Aug 2007
Location: Vancouver Canada
Posts: 3,204
|
So Hair Furor appoints Barr to be Attorney General on the basis of a 19 page memo
arguing that a US President cannot commit 'Obstruction Of Justice'
simply because he is the President.
Then Barr receives a lengthy report from Mueller and turns out a four page memo stating ... SURPRISE!
in his estimation Doofus Drumph has not committed 'Obstruction Of Justice'.
America! ... What a country!
|
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|
