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wsurfer
Joined: 17 Aug 2000 Posts: 1634
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Posted: Wed Mar 07, 2018 2:13 pm Post subject: Let's Start a Trade War |
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Hardly a good idea! I think most republicans agree! |
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boggsman1
Joined: 24 Jun 2002 Posts: 9118 Location: at a computer
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Posted: Wed Mar 07, 2018 4:39 pm Post subject: Re: Let's Start a Trade War |
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wsurfer wrote: | Hardly a good idea! I think most republicans agree! |
You'd think Smoot -Hawley, Nixon Wage Controls, and Dubya 2002 Tariffs would have taught them an economics lesson.....but today's Rethug party is not free trade....It's power at any cost. I am not predicting a trade war, but tariffs always have bad consequences. |
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mat-ty
Joined: 07 Jul 2007 Posts: 7850
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Posted: Wed Mar 07, 2018 6:03 pm Post subject: |
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China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!
I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.
Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??
Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE. |
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nw30
Joined: 21 Dec 2008 Posts: 6485 Location: The eye of the universe, Cen. Cal. coast
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wsurfer
Joined: 17 Aug 2000 Posts: 1634
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Posted: Wed Mar 07, 2018 9:33 pm Post subject: |
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mat-ty wrote: | China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!
I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.
Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??
Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE. |
That's only because we are (collectively) starving them to death (and they were already in dire straights). Nothing to do with tariffs or trade or deficits.
Get an education! |
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mat-ty
Joined: 07 Jul 2007 Posts: 7850
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Posted: Wed Mar 07, 2018 9:43 pm Post subject: |
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wsurfer wrote: | mat-ty wrote: | China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!
I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.
Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??
Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE. |
That's only because we are (collectively) starving them to death (and they were already in dire straights). Nothing to do with tariffs or trade or deficits.
Get an education! |
Wrong shithead... It was trump who went to the UN and got overwhelming support to enforce sanctions. It was a historical event ignored by the liberal press, that would explain your ignorance on the matter you stupid old fool. |
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wsurfer
Joined: 17 Aug 2000 Posts: 1634
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Posted: Wed Mar 07, 2018 9:46 pm Post subject: |
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mat-ty wrote: | China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!
I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.
Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??
Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE. |
Okay wet-ty, I have said this before but will reiterate for your convenience.
China holds most of our debt, don't piss them off (too much).
Deficits are not a totally bad thing.
In 2009 China was not totally integrated into the global economy but they are now.
If we have another 2009 there will be no other economy in the world to prop us back up. China was the worlds safety net back then. It's not gonna happen again. Hold on to your pants when the next one happens again
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boggsman1
Joined: 24 Jun 2002 Posts: 9118 Location: at a computer
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Posted: Wed Mar 07, 2018 10:03 pm Post subject: |
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Losing end? Tell that to WalMart shoppers and S&P earnings. 70% of our economy is consumption based and we use 23% of the daily petroleum the world produces, of course we’re going to run trade deficits...
Tariffs are bad NW, it’s a tax on US consumers and reduces the flow of goods.. see: Herbert Hoover, Dubya in 2002. People were breaking into houses and stealing copper piping in the mid 2000’s because the price soared. I never thought I’d see the day where Rethugs would supports tariffs and deficits .... truly remarkable. |
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wsurfer
Joined: 17 Aug 2000 Posts: 1634
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Posted: Thu Mar 08, 2018 6:34 am Post subject: |
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mat-ty wrote: | wsurfer wrote: | mat-ty wrote: | China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!
I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.
Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??
Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE. |
That's only because we are (collectively) starving them to death (and they were already in dire straights). Nothing to do with tariffs or trade or deficits.
Get an education! |
Wrong shithead... It was trump who went to the UN and got overwhelming support to enforce sanctions. It was a historical event ignored by the liberal press, that would explain your ignorance on the matter you stupid old fool. |
Nice, resorting to name calling instead of actually stating the facts.
He was late to the game again but claims he was responsible for the win! |
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boggsman1
Joined: 24 Jun 2002 Posts: 9118 Location: at a computer
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Posted: Thu Mar 08, 2018 4:06 pm Post subject: |
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Sad day for capitalists.....Good timing for the weekend though!!!, as Drumpf visits PA-18........ |
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