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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (76830)6/11/2018 8:04:46 PM
From: Sam  Respond to of 362209
 
Yeah, right. You're the one who is "full of shit". Your brain is mush. You're good at Trumpian math--count the few jobs that his tariffs will create or save and forget about all of the jobs that will be lost. Like the last time "free trading" Republicans tried to do the same damned thing. When will you ever learn?

When George W. Bush tried to save the steel industry in 2002 by raising tariffs on selected steel products, many Republicans and business groups say the result was a disaster. More jobs were lost than saved. The states he sought to help suffered. And in the end, the tariffs were overturned.

Now, President Donald Trump is considering an even broader action on all steel and aluminum imports. And despite studies showing Bush's tariffs did more harm than good, the New York businessman appears confident he'll save jobs, and that the move will be popular with those who put him in office.

History suggests that Trump, too, will be disappointed: At the very least, Bush’s tariffs showed how efforts to help one industry with trade restrictions often anger dozens of others, and alienate longstanding trading partners who feel compelled to strike back. The European Union and Japan quickly responded by threatening to retaliate on American goods and more than a dozen countries challenged the action at the World Trade Organization.

The move also eroded the goodwill that countries felt for the United States after the Sept. 11 attacks and helped cement the idea of Bush as a cowboy unilateralist who cared little about what the rest of the world thought.

Sen. Lamar Alexander (R-Tenn.) tried to use that history as a cautionary tale last month. In a televised White House meeting with Trump, he described how after Bush’s tariffs were put in place, auto-parts manufacturers left the U.S. so they could make their parts with cheaper steel and then ship them back to the U.S. — cutting jobs for American workers while also avoiding tariffs.

"We found there were 10 times as many people in steel-using industries as there were in steel-producing industries,” Alexander said. “They lost more jobs than exist in the steel industry."

continues at politico.com

You'll never learn. Because you are the ones who tries to pick "winners" and "losers" (the winners being the constituents you are trying to woo, the losers being as many Ds as you can identify), the very thing that you accuse the Ds of doing. You are the ones who run the gargantuan deficits and run up the debt, as you accuse the Ds of doing. You are the ones who prove that government can't work by being ridiculously incompetent when in power and obstructionist when out of power.

It really is incredible.



To: i-node who wrote (76830)6/11/2018 8:06:07 PM
From: combjelly1 Recommendation

Recommended By
Ivan Inkling

  Read Replies (1) | Respond to of 362209
 
So?

That article explicitly states that it is because of the tariffs and not the tax cut. Of course, it doesn't mention the jobs lost because of the tariffs, but...

As to being full of shit, your eyes are brown.



To: i-node who wrote (76830)6/12/2018 11:19:25 AM
From: zzpat  Respond to of 362209
 
You seem to have forgotten the massive job losses from WMT alone. 63 Sam's Club's closed. If we assume 150 jobs per store (conservative) that's 9450 jobs lost. Add to this the 8000 jobs cut by Wal Mart since last fall and we have 17,000 jobs lost from just one company. When WMT announced a pay increase what they really did was fire a bunch of people and give a tiny fraction of their wages to the workers who remain.