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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (1101954)11/27/2018 2:30:27 PM
From: Brumar89  Read Replies (1) | Respond to of 1586267
 
Trump struggles to understand the basics of his own tariffs policy
11/26/18 10:40 AM

By Steve Benen

A couple of months ago, Donald Trump boasted at a White House event that thanks to his tariffs, there’s “a lot of money coming into the coffers of the United States of America. A lot of money coming in.” Soon after, the president released a video via social media in which he said Americans are “taking in a lot of money” as a result of his tariffs.

A month later, the Republican reversed course, suggesting to the Wall Street Journal that the tariffs he’d spoken about for months may not actually exist. “We don’t even have tariffs,” Trump said, adding, “Where do we have tariffs? We don’t have tariffs anywhere.”

On Thanksgiving, he switched back to his original position.

“Now, as of already, we’re taking in – right now, we’re taking in billions. China is – people don’t understand this: China is right now paying us – right now, paying us billions of dollars a month. That’s never happened before.”

It’s true that it’s never happened before, but it’s also true that it’s not happening now. Nearly a year after Trump launched a trade war, assuring Americans that the fight will be “easy” to win, the president is still confused about the basics of his own policy.

There is no foreign money “coming into the coffers of the United States” from China as a result of the tariffs. As Politico recently explained, “President Donald Trump said Monday that China is paying the U.S. billions of dollars in tariffs as he ramps up his trade war with Beijing. But that’s inaccurate: American consumers and businesses are the ones who will be paying higher costs for imports after he slapped penalties on $200 billion in Chinese goods.”

This is not some obscure triviality, only of interest to trade wonks. Rather, this is the principal presidential defense of his entire policy: Trump has told Americans, repeatedly over the course of several months, that “billions” of dollars are filling U.S. coffers from Beijing. It’s proof, according to the Republican, that his entire strategy has merit.

Reality, however, should still have some meaning. The actual amount of money China is paying us as a result of Trump’s tariffs is zero. When the American president boasted on Thanksgiving that China is “paying us billions of dollars,” he was off by billions of dollars.

Trump’s entire defense is based on payments that simply don’t exist outside his overactive imagination.

Either the president doesn’t know this, in which case his entire trade gambit is being driven by his profound ignorance, or Trump understands the details perfectly well, and he’s just brazenly lying to the public, hoping Americans won’t know the difference.

Either way, if the president sees this money as proof of his policy’s merit, shouldn’t the absence of that money be evidence of his policy’s failure?



To: Brumar89 who wrote (1101954)11/27/2018 8:05:10 PM
From: longnshort2 Recommendations

Recommended By
Bill
FJB

  Read Replies (2) | Respond to of 1586267
 
there are no public docs that he went there show me the Ecuadorean embassy’s records that he went there





To: Brumar89 who wrote (1101954)11/28/2018 10:49:11 AM
From: Bill1 Recommendation

Recommended By
locogringo

  Read Replies (1) | Respond to of 1586267
 
More fake news from Bruce.

Aren't you sick of being grubered yet?



To: Brumar89 who wrote (1101954)11/29/2018 6:12:52 PM
From: Thomas A Watson1 Recommendation

Recommended By
TideGlider

  Read Replies (4) | Respond to of 1586267
 
poor ppor brumie89, the hate that drives an emotional rapist of little girls forces him to never remain silent and everyday demonstrate what dumbass is.

Manafort passport stamps don't show he entered London in all years Guardian claimed.

ANALYSIS:

Paul Manafort’s passports don’t show he entered London in all the years claimed by Guardian newspaper when it said he met secretly with WikiLeaks Julian Assange.

The Guardian said he met with Mr. Assange in London in 2013, 2015 and 2016.

A review of Manafort’s two passports shows he entered Heathrow Airport since 2008 on two occasions, in 2012 and on another time where the customs stamp year is blurred. It appears to be either 2010 or 2016.