Trump Seeks New $15 Billion Subsidy To Protect Farmers From His Own Trade War

Discussion in 'Current Events' started by MrTLegal, May 13, 2019.

  1. AKS

    AKS Banned

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    No they don't. They only need to blame themselves for voting trump. He's no republican.
     
  2. Josephwalker

    Josephwalker Banned

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    You did not and can not show me how more and better paying jobs does not lead to less poor people. The statement itself is laughable and I hope you keep defending it.:roflol:
     
  3. MrTLegal

    MrTLegal Well-Known Member

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    So you assume that the fact that I put a word in bold must mean that I support the word wholly and without question? Does that assumption seem idiotic to you as well?
     
  4. AKS

    AKS Banned

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    Did I say that? What I said is that allowing truly free trade will not necessarily lead to balanced trade. In the case of china it almost certainly will not.
     
  5. AKS

    AKS Banned

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    smh
    https://money.cnn.com/2017/01/03/news/economy/obama-china-tire-tariff/index.html

    "
    The tariff saved 1,200 U.S. tire jobs, which had been in sharp decline. And U.S. tire production rose after a major decline.


    "Over a thousand Americans are working today because we stopped a surge in Chinese tires," Obama said in his 2012 State of the Union address.

    But a study from the Peterson Institute of International Economics found that the tariffs cost Americans in many other ways.

    Americans paid more for tires. Some Chinese-made tires cost as much as 26% more -- rising on average to $39 per tire, from about $31. And U.S. tire makers, facing less competition from China, also raised prices on American-made tires 3.2%.

    According to Peterson's model, higher prices from the tire tariff cost Americans an extra $1.1 billion, which translated to an estimated 3,731 retail jobs lost."
     
    Last edited: May 21, 2019
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  6. Josephwalker

    Josephwalker Banned

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    Still have not shown me how more and better paying jobs create more poor people. I guess you think less jobs with less pay is the way to fight poverty? LMAO
     
  7. AKS

    AKS Banned

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  8. AKS

    AKS Banned

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    Don't be daft. You lose. Tariffs hurt Americans on balance, anyone with a marginally functioning brain knows this.
     
  9. AKS

    AKS Banned

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  10. Josephwalker

    Josephwalker Banned

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    You are attempting to change the conversation to tarrifs and avoiding your flat denial that more and better paying jobs lead to less poor people. You now are running from that statement and I don't blame you. You lost, game over.
     
  11. MrTLegal

    MrTLegal Well-Known Member

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    Tariffs and trade wars do not create more and better paying jobs. That is where you already lost.
     
  12. Josephwalker

    Josephwalker Banned

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    The trade war has been going on for decades and we have been taking fire without shooting back. Trump is attempting to end the war waged on us by China by fighting back before it's too late. Democrats want to wave the white flag and surrender
     
  13. AKS

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    WHAAAT? This entire thread is about tariffs, don't blame me if you can't follow a discussion.
     
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  14. AKS

    AKS Banned

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    Bullshit, you should wake up.

    "Bottom Line: From an economic viewpoint, based on economic theory and empirical evidence, protectionism makes an economy worse off, not better off. It is just an economic reality that when both the costs and benefits of protectionism are evaluated, “protectionist math” (cost-benefit analysis) predicts a net loss of jobs and reductions in economic welfare and economic efficiency as the case of tire tariffs above clearly illustrates. Trump has boasted that “protection will lead to great prosperity and strength” for America, but that claim is completely unsupported by international trade theory and contradicts hundreds, if not thousands, of empirical studies like the one above.

    From a political viewpoint, protectionism has an obvious payoff because it generates political support, votes, and financial contributions for protectionist presidents and politicians from the beneficiaries — domestic industries and their workers — who are protected from foreign competition by government fiat. Fortunately for the protected industries and their political enablers, the groups that shoulder the burdens and costs of protectionism — millions of dispersed consumers and thousands of invisible, hard-to-identify workers who lose their jobs — are unorganized and therefore completely disregarded by protectionist politicians.

    For example, when have you ever heard anything from President Trump about American consumers when he talks about international trade or protectionism? We only hear about US manufacturers and US workers, and never, ever about consumers — the biggest and most important group of all economically. Sure, if you completely ignore the costs of protectionism and ignore those who pay those costs – consumers; and also ignore the economic reality that the costs of protectionism outweigh the benefits, it’s pretty easy to make a political case for tariffs and protectionism, even though that’s a guaranteed prescription for impoverishing and weakening America from an economic viewpoint.

    To paraphrase Thomas Sowell: The first lesson of international economics is that free trade makes us better off and protectionism makes us worse off. The first lesson of politics when it comes to trade issues is to ignore the first lesson of international economics. And that pretty much sums up what we’re getting from the “first authentic protectionist to win the White House since the 1920s” — 0% economics and 100% politics."
     
  15. Josephwalker

    Josephwalker Banned

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    I made a flat statement that more and higher paying jobs mean less poor people. You flatly denied that. Now you want to go back to tarrifs to hide your insane comment and I don't blame you.
     
  16. AKS

    AKS Banned

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    Holy f*ck, are you serious? I gave you a concrete example of how more "higher paying" tire jobs led to job losses and a cost of almost 1$M per job saved? Are you ok this morning?
     
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  17. Josephwalker

    Josephwalker Banned

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    Still running from your flat denial that more and higher paying jobs leads to less poor people.


     
  18. AKS

    AKS Banned

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    At this point I have to assume you are trolling. Just know that all of the protectionist defenders are nothing but useful idiots to trump.
     
    Last edited: May 21, 2019
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  19. Josephwalker

    Josephwalker Banned

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    [
    Feel free to explain how more and better jobs don't lead to less poor people. It's a stand alone statement.
     
  20. Giftedone

    Giftedone Well-Known Member Past Donor

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    I think this is a good plan but, this does not change anything for the moment. Unfortunately - Red Administrations (and the Establishment) in particular have - over the past number of decades starting with Reagan - supported policies (tax policy in particular) that supported outsourcing.
     
  21. AKS

    AKS Banned

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    No it's not. Context is your friend, use it.
     
  22. Mr_Truth

    Mr_Truth Well-Known Member

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    LOL. Trump is the very embodiment of the Republican party.
    Small wonder why those with such limited rational thinking capacity vote for him.
     
  23. AKS

    AKS Banned

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    No, it's not a good plan. At least not a good plan if you want an iphone.
     
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  24. MrTLegal

    MrTLegal Well-Known Member

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    Did you know that if you have more jobs, then you have more jobs?
     
  25. Josephwalker

    Josephwalker Banned

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    Truth is your enemy, run from it.
     

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