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Rolltide

So Tariffs are only bad if Trump imposes them?

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Rolltide   

That seems to be the message of many on these boards. When we initiate a tariff on foreign imports it is supposed to be horrible for our country and a tax on Americans and great for the other country. So what about the tariffs on our products that other countries impose? What about the 30% or higher tariffs imposed by the Chinese on so many of our products. They are fucking their own economy?

 

The EU has a hidden tariff on our cars that automatically adds 20% to the cost. It is a vicious tax on Europeans then right?

 

What about our protective tariffs on Vans and pick up trucks from Europe? We have a 25% tariff on European vans and trucks that existed long before Trump became president. I'm sure i can find many threads started by libtards here attacking that vicious tax on American consumers right? Democrats initiated those tariffs in 1964!

 

 http://www.idealtaxes.com/post3097.shtml

 

 

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Rolltide   

According to CPA the Coalition for a prosperous America these tariffs on China could ultimately produce 700,000 jobs here! The logic behind it is that people will change their buying habits and some of the manufacturing will eventually be transferred back here. You can read the piece and look at the methodology and come to your own conclusions. They also published a piece recently where they talked about how wrong the so called economists have been about almost every trade agreement or tariff. How wrong economists have been about Trump's protective tariffs of steel and aluminum.  

 

https://www.prosperousamerica.org/cpa_study_shows_across_the_board_china_tariff_would_boost_us_economy_create_thousands_of_jobs

 

Interesting research anyway. 

Edited by Rolltide

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Soxcat   

If Obama had this kind of economic success and was doing the exact same thing they would have a statue of his penis erected so libtards could worship it.  He would be called the greatest president since Roosevelt.  And oh boy, what he would be doing for minorities would be lauded as the greatest breakthrough in American history.  Finally minorities have a chance.  And tariffs, to protect American jobs would earn him a medal of honor or something.  He would be a hero.  What a great man. 

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OILERMAN   
1 minute ago, Soxcat said:

If Obama had this kind of economic success 

The economy is carrying over, Trump called all the numbers fake, now they are real and the suckers now like it

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Rolltide   
1 hour ago, OILERMAN said:

The economy is carrying over, Trump called all the numbers fake, now they are real and the suckers now like it

WTF are you talking about?

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Rolltide   

 

1 hour ago, Soxcat said:

If Obama had this kind of economic success and was doing the exact same thing they would have a statue of his penis erected so libtards could worship it.  He would be called the greatest president since Roosevelt.  And oh boy, what he would be doing for minorities would be lauded as the greatest breakthrough in American history.  Finally minorities have a chance.  And tariffs, to protect American jobs would earn him a medal of honor or something.  He would be a hero.  What a great man. 

 

Obama had the benefit of a fed rate of 0% for almost 7 full years because his recovery was so pathetic. It was not even raised to 0.5% until Dec of 2015 and raised to 0.75% his last year in office. Despite 0% interest rates our economy only grew 1.6% on average during the Obama years. There was never anything to indicate this level of growth.

 

Today and 7 rate hikes later Trump has to deal with 2.5% interest rates yet the unemployment rate is 25% lower than it ever was under Obama. .  We can expect rate cuts back down to 2%. 

 

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Soxcat   

Oman worships the penis statue already.  He really believes the economy is the work of the brilliant economists Obama- Biden.  You can't make this shit up.  The guy is that fing stupid.  Then he talks about how we are suckers. 

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MadMax   
3 hours ago, Soxcat said:

Oman worships the penis statue already.  He really believes the economy is the work of the brilliant economists Obama- Biden.  You can't make this shit up.  The guy is that fing stupid.  Then he talks about how we are suckers. 

Just curious....  When do you think the economy started the upswing?  Who was the president then?  

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MadMax   
46 minutes ago, Starkiller said:

Trump started fixing it back in 2009...

Exactly.

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Soxcat   

Really?  You tards think Obama caused this economy?  I'll buy the fact Trump didn't cause all of the growth (there were signs of an upswing since it couldn't have gotten much worse) but Obama did basically nothing pro-economy.   Most of what he did was an effort to destroy the economy.  Obama was an resistor... a detriment.  He even said efforts to reduce Climate Change  "helped" the economy.  This POS was shutting down coal mines and coal burning plants.  He was pushing manufacturing and other business out of the US with excessive taxation and regulation.  He has no clue.  He is AOC dumb.  Economic growth under Obama was near zero.  Adding 9 trillion of debt with no growth is disastrous.  Obama is probably the most ignorant president we have ever had concerning economic progress. 

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Number9   

Tariffs should have been on most of these goods a long time ago.  American companies have relocated production away from American workers, then sold the products to the American workers they fired.  Additionally they have kept a lot of the money they earned in other countries to avoid taxes.  

 

Foreign goods are sold to this country and the profits help the countries that produce the goods.  They under sell the American market until the American companies can't compete forcing these American companies out of business.  Then they raise their prices back up to eventually make the losses back and even more profits.

 

All the smart(greedy bribe taking) people we have elected have played a major role in the trade imbalance.  Now, we are yelling about raising the min-wage because way to many Americans are working for it.  The fastest growing segment of America is the lower income group.

 

Our country's infrastructure is in need of repair and modernization.  We need jobs for our citizens, good paying jobs they can do.  Jobs for HS grads, non-HS grads as well as college and technicalogy trained citizens.  

 

We need to quit calling each other names and try to figure out how to get out of this mess.  A congress and president can't accomplish anything if all they do is wage political war, instead of coming together to build a better country for us, the American citizen.  It won't work if the president is Trump and it didn't work when the president was Obama.  Gridlock.  WTF.  They are supposed to be working to get the country running smoothly.  Right?

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Soxcat   

We are getting out of this mess.  Despite the efforts of the Dems to screw Trump over.  There are more opportunities out there now for everyone.  Opportunities for people to move up to better jobs and more opportunities for people at the bottom to find jobs. 

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MadMax   
26 minutes ago, Soxcat said:

Really?  You tards think Obama caused this economy?  I'll buy the fact Trump didn't cause all of the growth (there were signs of an upswing since it couldn't have gotten much worse) but Obama did basically nothing pro-economy.   Most of what he did was an effort to destroy the economy.  Obama was an resistor... a detriment.  He even said efforts to reduce Climate Change  "helped" the economy.  This POS was shutting down coal mines and coal burning plants.  He was pushing manufacturing and other business out of the US with excessive taxation and regulation.  He has no clue.  He is AOC dumb.  Economic growth under Obama was near zero.  Adding 9 trillion of debt with no growth is disastrous.  Obama is probably the most ignorant president we have ever had concerning economic progress. 

I would ask what fucking reality you were living in....  but it wouldn't do any good.  

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Rolltide   

There is simply no logical argument for giving Obama credit for accelerating growth years after he left office. If you want to argue that Trump has benefited from a boom cycle go ahead but Obama was not responsible for that cycle. 

 

We know this because 5 years after Obama took office, brought in his people and passed an enormous $800B stimulus we still had 7% unemployment. His program obviously did not work. We have never had a recession or depression that we did not grow out of within about 2 years. It took 6 years to grow completely out of that one. 

 

There is simply no economic initiatives taken by the Obama administration that can explain 3% economic growth years after he was out of office. 

 

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