Originally posted by The Big Dunn
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Originally posted by JimRaynor View PostThat's very interesting, the same Democrats who on paper were against jobs being shipped off for cheap labor, and all about helping the working man and keeping things American seem to be on the opposite side of the issue when its Trump pushing for it.
Wall St Journal article on it called it "Trump's Tariff Folly".
https://www.wsj.com/articles/trumps-...lly-1519950205
Donald Trump made the biggest policy blunder of his Presidency Thursday by announcing that next week he’ll impose tariffs of 25% on imported steel and 10% on aluminum. This tax increase will punish American workers, invite retaliation that will harm U.S. exports, divide his political coalition at home, anger allies abroad, and undermine his tax and regulatory reforms. The Dow Jones Industrial Average fell 1.7% on the news, as investors absorbed the self-inflicted folly.
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Originally posted by Boxfan83 View PostSome economist say tariffs (Smoot Hawley tariff) caused the Great depression. I can see why congress is skeptical. I took a International business class in college and non-westernized countries typically take a look at business a lot different than we do. If we give them 2 goats, theyll give us 5 chickens (done deal), but if we demand a dozen eggs on top of that they get really insulted and cut business ties. This is what happened with the Smoot Hawley act, countries were pissed we asked for more and cut ties with us causing the stock market to fall and un-employment went up to 24%
I am going to read more about this.
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Originally posted by Build That Wall View PostRight now, under Trump, there is so much winning. ISIS is getting killed into oblivion. The Pay checks are even bigger with the new tax cuts, The economy has been roaring, but it had a bad day today, but it'll rebound, and we are getting the Illegals and MS-13 the hell out of here.
VOTE REPUBLICAN
KEEP AMERICA GREAT
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Originally posted by The Big Dunn View PostStop it Jim. Republicans are against the steel and aluminum tariffs. Priebus even said he was against them on Hannity last night.
Wall St Journal article on it called it "Trump's Tariff Folly".
https://www.wsj.com/articles/trumps-...lly-1519950205
Donald Trump made the biggest policy blunder of his Presidency Thursday by announcing that next week he’ll impose tariffs of 25% on imported steel and 10% on aluminum. This tax increase will punish American workers, invite retaliation that will harm U.S. exports, divide his political coalition at home, anger allies abroad, and undermine his tax and regulatory reforms. The Dow Jones Industrial Average fell 1.7% on the news, as investors absorbed the self-inflicted folly.
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Originally posted by The Big Dunn View PostHAHA Brush stop it. At best you got a small tax break. Nothing else he did directly helped you. The country hasn't shown to be better with the moves he's made-as you admitted the economy and market have been stalling.
Hell, his steel tariffs plan yesterday was not embraced by Congress.
I am interested to see what he does with the gun issue.
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Originally posted by JimRaynor View PostOh so you are on Republicans side when it comes to tarriffs, even though high tariffs on imports is the Democrats platform?
Originally posted by Build That Wall View PostIm seeing 81 dollars more in all my paychecks, its not crumbs to me
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Originally posted by JimRaynor View PostOh so you are on Republicans side when it comes to tarriffs, even though high tariffs on imports is the Democrats platform?
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Originally posted by The Big Dunn View PostStop the pivot and deflection. I just pointed out that Republicans disagree. I didn't take a position.
I can only respect this. Obviously that amount is not something I consider significant but $81 more is better than $81 less.
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