In the News II

Quote: terapined

Trump tarriffs hurts Americans
It's commie BS
I'm for free trade and a free market
Pretty thrilled with the stock market under Biden
Trumps tarriffs will wreck the market and bring back inflation
His plans to impose huge tariffs on imported goods, deport millions of migrant workers would send prices surging.

You of course haven’t answered my earlier question (maybe you did and I missed it…)

China decides to dominate the widget market. USA widget manufacturers need to sell widgets for a dollar to make a profit. China decides to lose a few billion $$ and will sell its widgets for $0.80. Should our President impose a tariff or just tell the American widget factory to close?

That’s one example. As a general rule I would agree most tariffs are not good. And certainly Trump isn’t the guy to decide when and how to use them.

But just saying ‘tariff bad’ is too simplistic for the real geo political world we live in.

Quote: SOOPOO

You of course haven’t answered my earlier question (maybe you did and I missed it…)

China decides to dominate the widget market. USA widget manufacturers need to sell widgets for a dollar to make a profit. China decides to lose a few billion $$ and will sell its widgets for $0.80. Should our President impose a tariff or just tell the American widget factory to close?

That’s one example. As a general rule I would agree most tariffs are not good. And certainly Trump isn’t the guy to decide when and how to use them.

But just saying ‘tariff bad’ is too simplistic for the real geo political world we live in.

All you have to do is look up alternatives to tariffs.

Quote: rxwine

All you have to do is look up alternatives to tariffs.

Or just wait until a Democrat proposes a tariff then the left wingers will be giddy for the idea.

Quote: SOOPOO

China decides to dominate the widget market. USA widget manufacturers need to sell widgets for a dollar to make a profit. China decides to lose a few billion $$ and will sell its widgets for $0.80. Should our President impose a tariff or just tell the American widget factory to close?

Unless the widget pertains to national security he should tell them to build a different widget.

Quote: AZDuffman

Or just wait until a Democrat proposes a tariff then the left wingers will be giddy for the idea.

Why do you think Biden left nearly all of the Trump tariffs in place. Protectionism is a Democrat move.

Quote: JimRockford

Protectionism is a Democrat move.

Yeah Right

I take it you forgot about Bill Clinton's China WTO deal and Obama's Pacific Trade deal. The disaster that nearly was.

'Despite the Administration’s rhetoric, its own analysis suggests that, after China enters the WTO, the U.S. trade deficit with China will expand, not contract. The contradiction between the Administration’s (Clinton's) claims and its own economic analysis makes it impossible to take seriously its economic argument for giving China permanent trade concessions.'

Quote: Tanko

Yeah Right

I take it you forgot about Bill Clinton's China WTO deal and Obama's Pacific Trade deal. The disaster that nearly was.

'Despite the Administration’s rhetoric, its own analysis suggests that, after China enters the WTO, the U.S. trade deficit with China will expand, not contract. The contradiction between the Administration’s (Clinton's) claims and its own economic analysis makes it impossible to take seriously its economic argument for giving China permanent trade concessions.'

Letting China into the WTO was the worst geopolitical move since WWII.

Quote:

Cases of flesh-eating bacteria have seen an unusual spike following impacts from Hurricanes Helene and Milton, data from the Florida Department of Health shows.

According to the health department, 70 cases have so far been reported in 2024, with 11 deaths – figures that are similar to 2022 when Hurricane Ian damaged Collier and Lee counties.

Quote: AZDuffman

Letting China into the WTO was the worst geopolitical move since WWII.

Clinton's 'China Relations Act' of 2000, cost the US economy 3.7 million jobs between 2001 and 2018. 2.8 million of those jobs lost were in manufacturing.

He signed that Act seven ears after he signed the NAFTA agreement which cost the US nearly 4.5 million manufacturing jobs by 2018.

Both sides are to blame for those disasters, but the buck stopped with Clinton.

Quote: Tanko

Clinton's 'China Relations Act' of 2000, cost the US economy 3.7 million jobs between 2001 and 2018. 2.8 million of those jobs lost were in manufacturing.

He signed that Act seven ears after he signed the NAFTA agreement which cost the US nearly 4.5 million manufacturing jobs by 2018.

Both sides are to blame for those disasters, but the buck stopped with Clinton.

If those 3.7 million jobs goes to people that work harder for less money, I'm all for it.
If quality is the same
I'd rather buy a cheap China widget then an expensive US widget
Free trade raises the world's economy
All my investments in reality are based on the worldwide economy doing well
TSM is rocking
Taiwan Semiconductor is making sure my retirement is comfortable :-)
I'm selfish. I want the worldwide economy to grow
I'm for Capitalism and Free Trade