Prediction of effect of 25% Canada and Mexico?
You MAGAs are on board I assume.
AOG wants tariffs to fail so he can say he was right
This is a great discussion.
We helped Mexico and they have abused it. They fucked us thanks to Clinton, Bush, BO and countless idiots in congress who have never run a company. We helped Panama and they abused it. Canada? Same thing. They have taken terrible advantage of the American citizens and it has cost us trillions in employment and innovation. Don't get me started on how much we pay for American invented drugs compared to all the countries around the world who have benefited and pay a cheaper price. That reason alone is why I hate big pharma. I have had numerous friends who can purchase even cancer fighting drugs internationally at a fraction of the cost we pay here in the US even though it was invented her. Back in the early 90's we didn't have drugs like Pepcid AC but i could buy it in El Salvador for $4.00 for 25 tablets. I still can't get it here for that. The best anti-acid product on the market but the FDA didn't allow it until the early to mid 90's. I also hate the FDA. I would come back with 4000 tablets and give to my friends.
China is a different situation. They use communism slave labor to force their cheap products down our throats. Yes, it is the American people who have consumed and enjoyed cheap Tupperware type products. They have stolen trillions of tech and patented technology in thousands of inventions and products from us. We buy them, We have to stop even though it will mean higher prices for their goods. We have to produce state side and let industry produce it cheaper and cheaper with automation. That is the cure for China.
This is not simple but common sense.
Haven't you all enjoyed AOGs policy proposals on stopping illegal immigration and drugs from the Southern border? Might as well say that the dementia patient was on the right track, just lay back and enjoy it.
Time has shown there isn't anything that actually stops drug… it's clear to me that there is practically no connection to tariffs anyway. The "drug war" was a resounding failure. It isn't going to stop any more than bootlegging stopped in the 20s. As far as immigration, the Democrats were too lax on it. There should be strong border security but again I don't see the connection to tariffs. We pay tariffs. SO if we pay tariffs we also pay for the security, but your Mr Trump said Mexico would pay.
As I said, this AOG guy doesn’t want to have a real discussion on North America trade policy. He wants to dunk on Trump 1.0.
Another TugTard failure.
Fine. Then let's do reparations. We didn't have a wall to stop drugs coming in from Mexico. Fentanyl and meth are much different drugs than dope, cocaine and heroin. Dope was sucking up way too many drug war resources. Shut the border and work on the source of the fentanyl, the chicoms.
California, and especially Arizona, need a political overhaul up to the governor because there is more than circumstantial evidence they are tied up in cartels funding them.
Good thing the FBI was tied up with rounding up January 6th paraders. Cartels obviously should have been ignored due to lack of resources. Oh, and those abortion protestors too, another important priority. Now violent BLM and antifa protestors were just mostly peaceful protestors. Who can forget all the laser lights shining at the Capitol police eyes and the molotov cocktails thrown.
It sounds like Mr Trump's plan is to induce Mexico to organize a lot banditos with badges to root out the drugs and illegal immigration at the source? That follows from his tariffs?
We subsidized Canada's existence only for them to become a Chinese client state for pennies on the dollar.
Yeah, it's time to put them in their place.
I’ve already explained how targeted tariffs are used in trade negotiations.
I’m not going to do it again.
There it is. Another dipshit TugTard.
@CallMeBigErn, pickup for your Clown Car in this thread.
You're the dipshit.
“Virtually all economists think that the impact of the tariffs will be very bad for America and for the world,” said Joseph Stiglitz, an economics professor at Columbia University and a winner of the Nobel prize in economic sciences. “They will almost surely be inflationary.”
Pick em up!
Didn’t all of those Nobel laureates praise Bidenomics?
Wrong board to be sucking off “experts.”
Stiglitz is a hardcore Keynesian. A fucking egghead who sits on the sidelines and speculates while real men build businesses.
Where do we get these idiots who have clearly never negotiated a deal in their lives?
Great source, @AOG
Stiglitz is partisan hack and his other writing are as close to cocksucking Biden as you can find from an economist. I’ll trust the real business experts on this one, not some faculty lounge loser.
Statement • September 20, 2021
BlueskyFacebookEmailXShare
It's not contentious at all... The tariffs will be inflationary according to virtually all economists
One guy says all economists! A guy who is a Democrat donor and hack!
OK guy. What’s your career?
I already made the point they are inflationary.
As to how inflationary? That's a very long debate. One which has a case study with the Chinese Tariffs(which Biden kept).
Definitely Less so than doubling the money supply in four years that the dems and experts cheerled.
All the other counties use them against us. Did they have higher inflation than we did?
size matters here
AOG is another "nothing can be done" liberal.
Can't stem the flow of deadly drugs into our country, can't level the playing field with other countries taking advantage of us economically. Nope, nothing can be done.
I love his quote about economists: '' all economists" Its right up there with "97 consensus" that we were all going to be under water now due to global warming. Its billion dollar bullshit. Why are liberals all alike? Its like they aren't aware that there are any sources of information outside of the liberal bubble? It makes them so ignorant.
Trump is a businessman. He doesn't do things like life long politicians, thank God. It is so long overdue for a change.
It does. Inflation hits smaller economies much more quickly and harder on imports than it does ours, the largest economy in the world. Also, where exports are going also plays a role.
We get 25% of our imports combined from Canada and Mexico.
77% of Canada’s exports are to the US.
80% of Mexico’s are to the US.
Tell me who has leverage in this relationship, and don’t use that economist ShitLibz or whatever his name is who thought Build Back Better was amazing policy and endorsed it.
There is a reason he lowered oil to 10%....
No I said the drug problem could be stopped if you went like full Singapore and just made all offenses the death penalty… also I only claimed inflation was going to go up, "leveling the playing field" is related but not what I argued.
When you misrepresent your opponent's claims it easy to feel like you win an argument but that's what happens in Tug.
Soyour abbey is inflation via tariffs only happens here not in any other country. Whew the 'tardation required for that kind of thinking is next level!
"None of this is supposed to happen under the U.S.-Mexico-Canada trade agreement that Mr. Trump negotiated and signed in his first term. The U.S. willingness to ignore its treaty obligations, even with friends, won’t make other countries eager to do deals. Maybe Mr. Trump will claim victory and pull back if he wins some token concessions. But if a North American trade war persists, it will qualify as one of the dumbest in history."
WSJ
Still unable to articulate your own argument Delores? Run along home now, Mommy is calling and the grownups are talking.
Typical Dem conflationary argument. Most of their base can't grasp what a conflation is or are morally ok with using one to attempt to "win" an argument.
Ex illegal vs legal immigration
All economists agree tariffs are inflationary (true statement)
How inflationary those economists think tariffs are is a very wide net. (Conflation here)
Again, the Chinese tariffs were essentially unnoticed in inflation statistics after crying in the media that they'd be catastrophic.
They also spent the last 4 years pretending inflation didn't exist so it's about as sincere a concern as "the price of eggs!" One week into Trump's tenure.
Drill baby drill and opening up millions of units of housing currently occupied by illegals will likely have far greater deflationary effects than even 25% blanket tariffs on roughly 25% of imports with no substitution or replacement (there will be).
The US economy is the 800lb gorilla and can more than absorb the effects of this. Especially if it's unleashed in other ways.