The word on the street is Don could be caving on the trade war.

Discussion in 'Political Opinions & Beliefs' started by Lee Atwater, Jan 17, 2019.

  1. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    Stocks spike to highs of the day on report US may ease tariffs on China during negotiations

    https://www.cnbc.com/2019/01/17/sto...tflix-earnings-china-and-brexit-in-focus.html

    "Stocks spiked on Thursday on the back of a report that said the U.S. could ease tariffs on Chinese goods during their trade negotiations with China."
    .................................................................................................................
    We've all learned enough about this totally erratic admin to know you can never assume the story won't change tomorrow..........or later today.......or in 10 minutes.

    But since the economy, fueled by the unaffordable tax cut, is the best thing the Grifter-in-Chief has going for him (in the myopic eyes of the minions) I imagine he is motivated to ease up on China to send the market higher and make things less uncertain in the global economy........after all that bluster.

    Or..................Vlad told him to lift the Chinese tariffs.
     
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  2. stratego

    stratego Well-Known Member

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    Easing tariffs isn't caving. It was used as a bargaining chip.
     
  3. Marine1

    Marine1 Well-Known Member Past Donor

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    Funny you say that. The two sides agreed to hold off tariffs for a while they consider their stance on trade. Meanwhile China has decided to buy American beef again, something they haven't done in 13 years. They also have begun buying their second big shipment of soy beans, something they quit doing during their trade war. Then they also began buying American rice. Something China has never done before with any country. They considered rice as a vital part of their defense. Not wanting to depend on any country for it in time of war.
     
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  4. TheGreatSatan

    TheGreatSatan Banned

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    Sounds like some are rooting for china
     
  5. Crawdadr

    Crawdadr Well-Known Member

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    So negotiations continue and easing sanctions can be on the table. Seems like things are going along as expected. Your other comments just seem to be partisan spew. But thanks for the article
     
  6. Marine1

    Marine1 Well-Known Member Past Donor

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    Trump isn't depending on fueling the economy on tax cuts. He is depending on tax cuts and cuts in regulations to bring in many companies to do business in America. New companies pay taxes we weren't getting before. New companies hire workers, many who didn't have jobs or gave up looking because over 90% of Obama's were service and part time jobs. Taking thousands off of the welfare rolls saves taxes. This is what Trump is depending on happening. Trump knows low paying service and part time jobs won't fuel the economy, won't bring in the taxes we need to pay our bills. Won't give millions of Americans a living wage, much less try and provide for a family. Those service and part time jobs won't make America competitive in world markets. It sure won't help us to continue to be a super power. You can see that by how Obama had to starve our military till it was in total disrepair. Trump knew to be financially competitive, we needed better jobs. We needed to bring back some of the jobs we lost to Obama's record high tax and regulations and bring in foreign business. He knew America had to bring back manufacturing and especially our steel mills. Our factory and steel mills is what saved America in WWII. We didn't have better equipment than the enemy, but we had much more of it and it help arm or Allies and troops. It seems the Left hasn't got the slightest idea of what Trump is trying to do. They think he only wants to make his rich friends richer by tax cuts.
     
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  7. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    But........at what cost?

    We already know the budget projections the admin based the tax cut on were wildly optimistic. It's a refrain played by Repubs many times in the past to justify tax cuts. So once again, as they have in the past, these cuts will result in a much larger budget deficit. Additionally, cutting environmental regulations effects the environment and thus public health. Not to mention accelerating climate change.

    Consequently, you have to be a climate change denier as well as someone not interested in the national debt to be in favor of Don's policy.
     
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  8. Marine1

    Marine1 Well-Known Member Past Donor

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    Lee, at what cost were we heading? Over 90% of Obama's jobs were service and part time jobs. Most of those jobs were low paying service jobs. How much taxes were we getting out of that? We had to create better jobs. We couldn't do that with record setting regulations and the highest corporate tax in the whole industrial world. How do you bring jobs in? We were getting deeper in debt with the bad trades we made over the years. I think of all our trading partners, we only have three or four we have a trade surplus with. Other nations were getting fat off of America trade. We let them steal our products we once dominated. Our good paying jobs kept leaving till we got down to what Obama left us. Almost all his 12 million jobs were in the service industry and millions of those were part time jobs. We sure as hell couldn't keep going on like that.

    Trump is also trying to cut costs. He has cut millions to the U.N. Cut to nations voting against us in the UN. Cut back on some services. Cut NATO now that he got them to put more in it. I'm very interested in our debt and it would only get higher under Obama's policies and service jobs. You have to see that. How worried were you when Obama racked up 9 trillion in debt and he has 90% low paying service and part time jobs to show for it?
     
  9. Marine1

    Marine1 Well-Known Member Past Donor

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    Lee, we were not just taking in less taxes with those bad jobs, but we also lost over 300,000 manufacturing jobs. How did both of those effect the taxes we had to pay our bills. You have to see Trump had to go in a different direction than Obama did. We were going nowhere and our military was falling apart.
     
  10. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    So......it's Obama's fault pay for manufacturing workers in other parts of the world is lower than it is in the US? How so?

    Senate Republicans block bill to end tax breaks for outsourcing

    https://thehill.com/blogs/floor-act...-block-bill-to-end-tax-breaks-for-outsourcing

    Republicans block ending offshore jobs tax breaks

    https://www.reuters.com/article/us-...ffshore-jobs-tax-breaks-idUSTRE68R40I20100928

    Do you actually think a Repub controlled Congress would have passed legislation to cut taxes, thereby growing the deficit, in order to help bring manufacturing jobs back to the US with Obama in office..........or any Dem for that matter?

    They care very much about the debt and deficit unless there's a Repub in the WH who will benefit from the result of job growth. When a Dem is in there they refuse to enact policies that will bring jobs back and then blame the Dem when they don't.
     
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  11. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    No, it wasn't.
     
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  12. Marine1

    Marine1 Well-Known Member Past Donor

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    No doubt it's getting a little hotter. But is it natural or man made? We know the earth goes through climate change. Nine thousand years ago, we had a big climate change. The polar caps melted and dug out our Great Lakes and the melting filled them with fresh water that we have today. I think it's good that we cut down on the human foot print that could be a contributor to global warming. But if it's also a natural trend there is nothing we can do to stop it. So lets do our part to cut our contribution, but not go so crazy that we do away with hundreds of thousands, or millions of vital jobs we need. Just because we may disagree on the cause, doesn't mean we aren't continuing the fight against it. We are still building solar homes, electric cars, even working on electric airplanes. We are still building wind generators and nuclear power plants. So let's not panic. If we go to far, without really knowing, we may starve to death before we ever burn up. I heard the other day, the auto industry is planning to go all electric. It isn't like we quit trying to fight it no matter what the cause.
     
  13. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    U.S. Deficit to Surpass $1 Trillion Two Years Ahead of Estimates

    https://www.bloomberg.com/news/arti...cit-to-balloon-to-1-trillion-by-2020-cbo-says

    Where is the efficacy of better jobs and lower unemployment if achieving it requires billions more in the national debt?
     
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  14. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    Sorry, I just can't have another argument with someone who rejects science.
     
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  15. Marine1

    Marine1 Well-Known Member Past Donor

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    That bill you had of cutting out tax breaks for companies moving over seas. This is the reason they gave and it looks familiar to the problem Harley Davidson has right now.

    “The companies this bill targets, by and large, aren’t opening overseas subsidiaries to make products for Americans,” Senate Republican Leader Mitch McConnell said. “They’re moving overseas to serve foreign markets, in addition to the markets they already have in place here, and that creates jobs here in the United States.”


    Harley Davidson closed one plant here and is moving it to a Far East country. Many of the workers from that plant will be transferred to other plants. They are moving that plant because this new generation aren't buying motorcycles like the baby boomers did and many are getting to old to ride anymore. In Asia, Harley's are still selling well, but they have high tariffs on motorcycles. To get around those tariffs, Harley is moving the plant there. Many of the parts will still be made in America. The bikes aren't being made there to be shipped back here. That tax cut to them would have hurt them even more than they are hurting now. By the way, your lying Party was telling everyone that it was Trump's tariffs that forced Harley to close the plant.
     
    Last edited: Jan 17, 2019
  16. Marine1

    Marine1 Well-Known Member Past Donor

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    You show me where science agree it's all man's fault. All they agree on is that the world is getting hotter. Not the cause. They believe humans are helping to contribute to it and humans are fighting our contribution to it. There is no one saying if we go all out and eliminat all things, it will stop it or reverse it. That is the truth.
     
  17. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    Have you considered how nonsensical that bit of word salad is?

    The fact remains Repubs have blocked numerous attempts to make it less attractive for US companies to establish manufacturing facilities overseas.
     
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  18. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    Sorry, not going there. The science of man made climate change is overwhelming.
     
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  19. Marine1

    Marine1 Well-Known Member Past Donor

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    When companies decide to move a plant from abroad, it takes time to find a place to build, unless one is vacant to meet their needs. Then they have to disassemble the one they have and move it here and put it together. They then need to hire and train people to work in that plant. Now if you think that is just a few month job, I have news for you. So sure for the first few years there will be a higher deficit than normal after a tax cut till those factories get running.
     
  20. Marine1

    Marine1 Well-Known Member Past Donor

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    You mean man's contribution to climate chance sir. No one is saying it's all our fault and that we are not moving into a natural climate change and you can't show me I'm wrong. I challenge you to show me differently. It's well know the word has gone through many climate changes down through history. I agree we maybe contributing to it. But I also have said we are still fighting our contribution, that hasn't stopped and it won't stop.
     

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