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


To: i-node who wrote (344092)8/10/2025 2:43:08 PM
From: Mannie  Read Replies (2) | Respond to of 362000
 
You guys focus too much on the technical and lose sight of the big picture.

Got it..foreign countries do not pay anything to the US government in the way of tariff revenue. Chump lies about this daily.

Sure we'll see some manufacturing increase in the US, but a lot of businesses will go away, while others spin their wheels until they have more long term vision.



To: i-node who wrote (344092)8/10/2025 3:30:43 PM
From: combjelly  Respond to of 362000
 
You guys focus too much on the technical and lose sight of the big picture.

Said every con man who ever lived...

Case in point.

Keep in mind that we are charging tariffs to allow us to be competitive with other nations, notably China.

Total and utter bullshit.

Show me the domestic coffee industry in the US. Go on. Give it a try. You do find people here and there with a bush, but I doubt if they actually collect and roast the beans.

Ok, what about cacao?

And why those tariffs on those uninhabited islands? What are they exporting to the US? Just in case you want to argue how well-thought out and targeted the tariffs are.

Sure, tariffs have been justified for the reasons you claim. But that can only be true if you actually can have a domestic industry that can make products at all. And they are almost tailored made for graft and corruption. As we saw across the developed world after tariffs largely got dumped. Ports are no longer centers of crime except in the movies. So having tariffs beyond some very temporary bridge reasons are an oozing sore just waiting to metastasize.

Not to mention, the track record is lousy. I can name two cases in the post-war period who tried what you advocate, New Zealand and Brazil. Both shed wealth like they were mainlining Ozempic. And the majority of people economic situation deteriorated badly and kept deteriorating until they regained their senses.

There is theory and reality. The reality is this has been tried. And it has failed. At least twice in recent history. There is no reason to think that "it will be different this time". If for no other reason, the early returns are looking unsettlingly familiar. When your theory fails spectacularly, the idea is to accept it was wrong and do something else. Not insist it is actually different and break out the Sharpie Of Reality Warping.



To: i-node who wrote (344092)8/10/2025 4:13:32 PM
From: koan  Read Replies (1) | Respond to of 362000
 
Trade imbalances are not always bad!! We get good deals on myriad products by having them produced cheaply and then we buy them.

Some things are better done in other places.

That is the strength of free trade you are not getting.

When you buy groceries that is a trade imbalance, but you got something for it.

You give them money and they give you groceries.

We can't grow coffee, or bananas, or make cheap clothes, we are a service industry and get those things cheaply by trading. It was a good deal until Trump put tariffs on them.

What did we gain by that?

As Dave Chapell said: "if we started making Iphones they would have to be $9,000-lol. Leave those jobs in China where they belong.



To: i-node who wrote (344092)8/10/2025 4:21:11 PM
From: koan  Read Replies (1) | Respond to of 362000
 
Trump is fooling you about tariffs, by lying about who is paying for them and what they will achieve.

More jobs are being lost than created by the tariffs destroying businesses with increased costs.

And for every 1,000 jobs created, probably 75,000 are lost!

He likes tariffs for the power it gives him to bully nations, and have a big pot of money he can use to justify tax cuts for the rich.

Think about it.

Tariffs are a regressive sales tax that affects the poor the most. So what he is really doing is taxing the poor and giving the money to the rich!

He knows they are inflationary and not good for the economy, but he doesn't care about that. He only cares about the power they give him.

Trump is like Putin, he only craves power and will do things as stupid as Putin did destroying Russia with his invasion of Ukraine.