cafehayek.com Today
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Economist John Cochrane agrees with Don Boudreaux (as do most economists).
https://johnhcochrane.blogspot.com/2018/03/on-tariffs.html
https://johnhcochrane.blogspot.com/2018/03/on-tariffs.html
Economist Richard Ebeling voices his opinion.
https://mises.org/wire/trump’s-protectionist-follies-threaten-trade-war
https://mises.org/wire/trump’s-protectionist-follies-threaten-trade-war
Leftist LA Times editorial.
http://www.latimes.com/opinion/editorials/la-ed-trump-tariffs-steel-aluminum-20180302-story.html
http://www.latimes.com/opinion/editorials/la-ed-trump-tariffs-steel-aluminum-20180302-story.html
Left wing NY Times editorial board disagrees with Trump’s tariffs.
https://www.nytimes.com/2018/03/02/opinion/sunday/trump-trade-steel-aluminum-tarriffs.html
https://www.nytimes.com/2018/03/02/opinion/sunday/trump-trade-steel-aluminum-tarriffs.html
Left leaning NBC opposes the tariffs.
https://www.nbcnews.com/think/opini...fs-will-start-trade-war-not-ensure-ncna852626
https://www.nbcnews.com/think/opini...fs-will-start-trade-war-not-ensure-ncna852626
Because we all know how doing it their way worked out great for the US steel and aluminum industries.
Did you read a single link I posted? For example, did you read where the solar panel industry has laid off hundreds of workers since Trump’s tariff on solar panels, because costs have become excessive? Can you point me to data that shows CONCLUSIVELY that foreign imports have negatively impacted American steel workers? Because there is a boatload of data that shows when tariffs are imposed on foreign steel it has had a serious impact on employment in related industries.
I just want to make a note on the solar panel tariff. I've been looking but other than the firms laying off people based on the tariff, I haven't seen any actual data indicating reduced sales. I have seen that even in 2016, Solar One (the largest of the solar players) lost money. So how much of the layoffs were attributed to that loss vs. the actual tariff. (This is the same argument btw we heard from several who noted that the bonus from AA and others were already in the pipeline based on earnings and not really attributable to the tax cut). But never let an opportunity to sell a message (for either side).
As I've said elsewhere, I am against the Steel and Aluminum tariff. I did find it funny though that suddenly Canada and Mexico are potentially exempt from the tariff?
As I've said elsewhere, I am against the Steel and Aluminum tariff. I did find it funny though that suddenly Canada and Mexico are potentially exempt from the tariff?
Headhunter, I realize that you have not read any of the links, that your mind is made up, that nothing anyone says is going to change your mind. I get it, All I ask is that you read this one link. After that I won’t ask you to read another thing I link or say on my own. For your own sake I ask that you read this. You don’t even have to respond. Just read this one link before you dismiss me forever.
https://www.realclearmarkets.com/ar...eration_might_awaken_donald_trump_103173.html
Canada and Mexico are exempt (or potentially so) as a caveat for re-negotiating NAFTA, plain and simple.
Was wondering what any of those economist’s records were regarding sub-prime lending, unfunded liabilities for municipalities and what will happen when massive numbers of ex-college students can’t pay their loans back. Not the exact same things I know....but would be interesting to see what they though.
Amazing that once the ex-rodent in chief’s boast of “if you like your doctor you can keep your doctor” turned out to be 100% bs did any of the above call him on on the literal meaning of that statement or did the above cover for him by saying “that’s not what he really meant.” I’ll admit Trump says some crazy stuff, but maybe, just maybe this is negotiating from a position of strength and not negotiating on your knees because you want the whole world to love you.
Was wondering what any of those economist’s records were regarding sub-prime lending, unfunded liabilities for municipalities and what will happen when massive numbers of ex-college students can’t pay their loans back. Not the exact same things I know....but would be interesting to see what they though.
Amazing that once the ex-rodent in chief’s boast of “if you like your doctor you can keep your doctor” turned out to be 100% bs did any of the above call him on on the literal meaning of that statement or did the above cover for him by saying “that’s not what he really meant.” I’ll admit Trump says some crazy stuff, but maybe, just maybe this is negotiating from a position of strength and not negotiating on your knees because you want the whole world to love you.
I saw this short video and thought you might find it interesting as well.
http://cafehayek.com/2018/03/protectionism-dark-side.html
You wonder what were the records of the economists linked to above as regards other issues in the past. The first five of the links are from free market advocates, what some people would call right-wing (although I doubt a single one of them would call themselves right-wing). I have provided their names in the links. It should be fairly easy for you to access their opinions on those issues you wonder about. The last three links come from left-wing, big government intervention advocating outlets. You could probably look in their archives to see what they advocated back in those days. Please report back on what you find.
Dang Dan....okay I’m in Australia on business and headed to KL next week. I’ll see what can be chased down.
My point though, The Trump Wistle gets blown and everyone assumes the worst. Hell watching the news here in Sydney and they aren’t worried one iota about the prospects of tariffs. The minister on the tube said it appears to be a negotiating tool. The sky is falling scenario in all things Trump just seems to be overwhelming wrong most of the time so not sure how this would be different until something is on paper.
My point though, The Trump Wistle gets blown and everyone assumes the worst. Hell watching the news here in Sydney and they aren’t worried one iota about the prospects of tariffs. The minister on the tube said it appears to be a negotiating tool. The sky is falling scenario in all things Trump just seems to be overwhelming wrong most of the time so not sure how this would be different until something is on paper.
I get your point, and, believe me, I hope you are right and I am wrong. What makes this situation different, as far as I can tell, is the pushback is coming from both sides of the aisle. Economists that have supported him up to this point are as upset with this policy as much as the nevertrumpsters who oppose him at every turn.
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