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RE: In Hell with 47
November 8, 2024 at 1:01 am
(November 8, 2024 at 12:17 am)TheWhiteMarten Wrote: (November 7, 2024 at 11:55 pm)HappySkeptic Wrote: Tariffs raise prices the average price of goods, but leave local goods slightly cheaper.
Tariffs work for the economy, if all your trading partners just suck it up and take the hit. But they won't, and in the end the reduction in trade makes the economy poorer.
Trump is likely going to claim that he can force that outcome - force all other countries to suck it up "or else". The first country that does countervailing duties will be hit with ever-escalating tariffs by Trump. The problem is, every country is going to do it. A world-wide trade war will tank the stock market and the economy.
If they have a problem with it, they can take their business elsewhere; and frankly the countries he has mostly heavily advocated for tariffs against - places like China & Iran - are places *no* American business should be doing business with to begin with.
"Every country is going to do it." only if they wish to see their own economies fail. I refuse to buy Russian and Chinese propaganda, Islamic propaganda, to the point that the West has become such a decrepit old man that must be beholden to their interests.
It's like you don't know that exports comprise $3 trillion of our internal economy -- to wit, we provide $3T of stuff and services to export.
What do you think might happen once Der Trumpenstein starts laying down tariffs on imports? Don't you think the countries absorbing our exports will reply in kind? And can our internal economy soak up those goods and services?
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RE: In Hell with 47
November 8, 2024 at 10:44 am
"What a little moonlight can do." ~ Billie Holiday
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RE: In Hell with 47
November 8, 2024 at 2:30 pm
I'm not anti-Christian. I'm anti-stupid.
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RE: In Hell with 47
November 8, 2024 at 2:33 pm
The kids reported to have been telling girls 'Your body, my choice' are echoing Hitler-lover Nick Fuentes: 'Your body, my choice. Forever.'
I'm not anti-Christian. I'm anti-stupid.
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RE: In Hell with 47
November 8, 2024 at 2:52 pm
Nissan is already prepared to cut 9k jobs due to tariffs.
"What a little moonlight can do." ~ Billie Holiday
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RE: In Hell with 47
November 8, 2024 at 3:03 pm
Oops.
I am the Infantry. I am my country’s strength in war, her deterrent in peace. I am the heart of the fight… wherever, whenever. I carry America’s faith and honor against her enemies. I am the Queen of Battle. I am what my country expects me to be, the best trained Soldier in the world. In the race for victory, I am swift, determined, and courageous, armed with a fierce will to win. Never will I fail my country’s trust. Always I fight on…through the foe, to the objective, to triumph overall. If necessary, I will fight to my death. By my steadfast courage, I have won more than 200 years of freedom. I yield not to weakness, to hunger, to cowardice, to fatigue, to superior odds, For I am mentally tough, physically strong, and morally straight. I forsake not, my country, my mission, my comrades, my sacred duty. I am relentless. I am always there, now and forever. I AM THE INFANTRY! FOLLOW ME!
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RE: In Hell with 47
November 8, 2024 at 9:55 pm
"What a little moonlight can do." ~ Billie Holiday
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RE: In Hell with 47
November 9, 2024 at 1:07 pm
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RE: In Hell with 47
November 9, 2024 at 1:27 pm
(This post was last modified: November 9, 2024 at 1:34 pm by BrianSoddingBoru4.)
(November 8, 2024 at 12:17 am)TheWhiteMarten Wrote: (November 7, 2024 at 11:55 pm)HappySkeptic Wrote: Tariffs raise prices the average price of goods, but leave local goods slightly cheaper.
Tariffs work for the economy, if all your trading partners just suck it up and take the hit. But they won't, and in the end the reduction in trade makes the economy poorer.
Trump is likely going to claim that he can force that outcome - force all other countries to suck it up "or else". The first country that does countervailing duties will be hit with ever-escalating tariffs by Trump. The problem is, every country is going to do it. A world-wide trade war will tank the stock market and the economy.
If they have a problem with it, they can take their business elsewhere; and frankly the countries he has mostly heavily advocated for tariffs against - places like China & Iran - are places *no* American business should be doing business with to begin with.
"Every country is going to do it." only if they wish to see their own economies fail. I refuse to buy Russian and Chinese propaganda, Islamic propaganda, to the point that the West has become such a decrepit old man that must be beholden to their interests.
Does that include The Trump Organization? And there won’t be an elsewhere to take their business - Trump is promising a 60% tariff on China and a 10% tariff on ALL other trading partners. If this fantasy comes to fruition, it’s going to be nothing but barney for the US.
Free trade lowers the overall cost of goods and services. Protectionism raises those costs. This is Econ 101.
Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax
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RE: In Hell with 47
November 9, 2024 at 1:32 pm
(November 8, 2024 at 12:17 am)TheWhiteMarten Wrote: I refuse to buy Russian and Chinese propaganda, Islamic propaganda, to the point that the West has become such a decrepit old man that must be beholden to their interests.
You are aware that Trump is buddy-buddy with Putin, right?
"What a little moonlight can do." ~ Billie Holiday
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