... that they need us more than we need them. We’re about to find out:
https://www.apnews.com/bb26231767374debafda43f4d99d5bba
https://www.apnews.com/bb26231767374debafda43f4d99d5bba
We’ve Been Told ...
- Thread starter Ponca Dan
- Start date
Well, they do. Americans are by far the biggest consumers. That doesn’t mean we can’t be hurt though.
Indeed we can be hurt. Some Americans are already feeling the pain. On his website Mark Perry has been posting examples of what he calls “backfire economics.”
http://www.aei.org/publication/tuesday-afternoon-links-27/
Mark also supplies a link to the WSJ:
http://www.aei.org/publication/wsj-...ll-now-bypass-the-us-and-make-america-poorer/
There are also likely many Americans that are seeing benefits. Need to weigh both sides.
Possibly. I have not seen any reports of anyone gaining from the situation. I posted a link a couple of days ago reporting that Whirlpool, which believed it stood to gain from the washing machine tariffs, has seen its value drop 15% since the tariffs took effect. And washing machine prices have risen 17% (I believe that is the number), which has affected the consumer significantly.
Was I dreaming when I saw news articles about people going back to work in steel mills that were cranking back up?
I’m not in favor of tariffs. I do see what trump is doing with them and agree on the end goal. Hopefully it works. Doing nothing like the past several presidents surely wasn’t working.
No, I saw those reports right after he announced the tariffs. I also saw reports that the numbers were not as high as had been hoped. As has been pointed out multiple times those tariffs were intended to “save” up to 100,000 steel mill jobs while they put in danger up to 600,000 other jobs. A bad trade off.
You say other presidents did nothing and it wasn’t working. Curious comment. What exactly wasn’t working?
Does it not concern you in the least that we have handed our president (regardless of who it is) authority to lord over us with the power to tell us with whom we may deal? We bow and genuflect and allow one man unlimited power over 330,000,000 million of us? Is that a society of free people?
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Of course it’s concerning. I didn’t like Obama’s use of executive power and don’t like Trump’s. Again, I believe we should have totally free trade but I also see what Trump is pushing for here. We have a tremendous amount of unfair trade barriers and have just accepted it over the years.
I don’t believe Trump wants tariffs. I believe he is using tariffs to try to get other countries to remove theirs against us. I’ve been involved in shipping shit over the China for the past 5 years and comparing costs in-house vs outsource. We can be competitive but there are a number of built in disadvantages working against us. I’m ok with this experiment for now.
The tariffs are about to affect Oklahoma farmers in a very negative way.
As I said in 2016, very bad idea.
As I said in 2016, very bad idea.
The problem I have with your attitude is this: you seem to be willing to relinquish a portion of your freedom to the President as long as you perceive his intentions to be good. Tariffs are bad, but it's OK to implement them if the intentions are in alignment with something with which you agree. IMO that's a very bad, very convoluted point of view. I'm sure President Obama had good intentions when he shipped several billion dollars in cash to Iran.
The thing that concerns me more than any other is we as a populace seem to be willing to give our president (no matter who he/she is) dictatorial powers over portions of our lives. One portion at a time. Eventually there won't be any freedom left for us to abdicate because the president will have all the power. Maybe some people are OK with that, at least as long as the president is on their team. We should never hand our freedom to anyone, regardless of their intentions. One of these days we are going to be facing someone who has bad intentions, and we will not be able to stop him. That is a scenario from which we should never lose sight.
