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Post by ferris1248 on Oct 24, 2024 11:33:04 GMT -5
He's right, you know. If you think capitalist's are altruistic, I've got some potentially waterfront property in South Georgia. "Donald Trump's protectionist policies will worsen the struggles of American consumers who will be forced to "bear the brunt" of the former president's tariff plans, according to Rand Paul." "Paul, the libertarian Kentucky senator who ran in the 2016 Republican presidential primaries, said Trump's proposals would, in practice, "hurt the workers they purport to help." In his Wednesday op-ed for The Wall Street Journal, he warned that these policies could reverse the peace-promoting effects of free trade, and unite America's foreign adversaries." "Economists have criticized Trump's understanding of tariffs and said that his plans would steepen U.S. inflation, as foreign manufacturers pass the resulting increase in their costs onto American consumers." "Paul said that these cost increases will be exploited by businesses in the U.S., writing: "When we place a tariff on a foreign product, we artificially inflate its price and allow domestic producers to raise their own." "By slapping a tariff on the Chinese widget, raising its price to $2, American manufacturers have the freedom to raise theirs as high as $1.99," he continued. "The consumer is left with no real choice but to pay more." "Paul said that Trump's tariffs would see American consumers ultimately paying even higher prices, especially in the Chinese-dominated electronics sectors." "[China's] manufacturers won't bear the brunt of these tariffs—American consumers will, as the levy will be passed on to them in the form of higher prices," Paul wrote, adding that the worst effects will be felt by low- and middle-income families." "He said that these policies will also damage the mutual economic dependencies and free global trade which have historically fostered cooperation between nations." "Economically connected nations have more to gain from cooperation," he said. "The alternative—protectionist policies and sanctions—often backfires, uniting such adversaries as Russia, China and Iran." www.msn.com/en-us/news/politics/american-shoppers-will-bear-the-brunt-of-trump-tariffs-rand-paul/ar-AA1sQV5X?ocid=msedgdhp&pc=U531&cvid=b1cc380a44fb4d2fbabde52c733ce945&ei=20 |
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Post by meateater on Oct 24, 2024 12:13:01 GMT -5
tell us how the tariffs trump imposed during his 4 years affected you, tell us how trumps tariffs on china that biden has continued to this day have affected you. now tell us how biden/harris economy,inflation,gas,interest rates have affected you.
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Post by tonyroma on Oct 24, 2024 12:26:27 GMT -5
This one’s tough for Meat, him and Rand are boys.
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Post by meateater on Oct 24, 2024 12:29:05 GMT -5
ferris trying to trigger me. almost got me.
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Post by deepdropper on Oct 24, 2024 12:32:49 GMT -5
Tells us which candidate is proposing between 20%-200% additional tariff increases and how that will affect you?
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Post by PolarsStepdad on Oct 24, 2024 12:36:04 GMT -5
Id say the chicken tax has been pretty successful. I also understand a tariff will not make anything cheaper. But that's not the point of a tarrif anyway.
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Post by meateater on Oct 24, 2024 12:55:57 GMT -5
Tells us which candidate is proposing between 20%-200% additional tariff increases and how that will affect you? i dont know yet it hasnt happened , but in 2019 a 2x4x8 was .99 today its 4.00 |
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Post by biminitwisted on Oct 24, 2024 13:02:09 GMT -5
The US economy, right now, is the greatest in the world, and it's not even close. Unless, you count California's of course.
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6thgen
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Post by 6thgen on Oct 24, 2024 13:09:45 GMT -5
Ferris you are starting to look desperate...
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Post by deepdropper on Oct 24, 2024 13:12:50 GMT -5
Lumber per thousand board feet started going up in late 2009 and peaked in mid 2021. It has since been falling. It was higher in 2018 than it is as of Mondays close if you take out the 21-22 years spike.
So if you lived through the Trump and Biden tariffs and saw that jump what do you think a 20-200% increase will do?
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Post by whitebacon on Oct 24, 2024 13:38:26 GMT -5
Tells us which candidate is proposing between 20%-200% additional tariff increases and how that will affect you? I'm guessing you either flunked Econ 101, or didn't go to school. |
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Post by deepdropper on Oct 24, 2024 13:44:27 GMT -5
Good Lawd, the highest caliber ammo you can bring to a conversations is guessing? (insert facepalm)
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Post by whitebacon on Oct 24, 2024 14:02:24 GMT -5
Lumber per thousand board feet started going up in late 2009 and peaked in mid 2021. It has since been falling. It was higher in 2018 than it is as of Mondays close if you take out the 21-22 years spike. So if you lived through the Trump and Biden tariffs and saw that jump what do you think a 20-200% increase will do? Fuck the Chinese? |
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Post by nuevowavo on Oct 24, 2024 14:45:12 GMT -5
The Trump-Biden tariffs cost the average American household about $625/year, slightly reducing GDP and actually costing us jobs. It's been calculated that the new tariffs proposed by DJT will be a tax hike of over $500 billion, shrink GDP by an additional 0.8% and a loss of over 60,000 jobs. And that doesn't include the effects of retaliatory tariffs or a trade war. Or of mass deportation.
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Post by resinhead on Oct 24, 2024 14:57:13 GMT -5
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Post by biminitwisted on Oct 24, 2024 14:57:54 GMT -5
^ I don't think they're sending their best.
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Post by cyclist on Oct 24, 2024 15:06:51 GMT -5
Tells us which candidate is proposing between 20%-200% additional tariff increases and how that will affect you? i dont know yet it hasnt happened , but in 2019 a 2x4x8 was .99 today its 4.00 They are cheaper now than during trumps covid term. |
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Post by ferris1248 on Oct 24, 2024 17:02:02 GMT -5
tell us how the tariffs trump imposed during his 4 years affected you, tell us how trumps tariffs on china that biden has continued to this day have affected you. now tell us how biden/harris economy,inflation,gas,interest rates have affected you. I wouldn't attempt to tell you shit. You couldn't recognize the different between a turd and tootsie roll so there is no reason to try. By the way, did you cancel your subscription to The Atlanta Observer? |
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Post by luapnor on Oct 24, 2024 17:06:48 GMT -5
Tariffs... encourage producing in the USA, not to mention is the constitutions original method to tax.
Corporate income taxes... discourage producing in the USA.
Guess which candidate doesn't understand econ 101
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Post by johnnybandit on Oct 24, 2024 23:12:28 GMT -5
Tariffs... encourage producing in the USA, not to mention is the constitutions original method to tax. Corporate income taxes... discourage producing in the USA. Guess which candidate doesn't understand econ 101 The Answer is easy.... Trump is clueless... And he is also clueless on Tariffs... And you do not know shit about either... I could write a book on Tariffs... Many people do not understand them...Nor their history... I Import and export products every day and have since the late 1980's Tariffs are a failed relic of the early days of the United States.. Tariffs were put in place in a failed attempt to protect Industries in infancy.... Against... Long established Industries in Europe... Tariffs led to the French Revolution and the failure of France.... Which Sparked the rise of Napoleon... Which affected the economies across the world.... Tariffs fell out of favor in the US... When the FDR Administration moved to a free trade position... Other administrations largely held the same position. Until a total idiot was elected... And that is when I took a crash course in how tariffs benefit business and harm the American people... The US Corporations that import products did not suffer... imports of key products did not slow down.... The products kept coming in... And the percentages stayed the same... But the dollars went up for the importers... The dollars went up for the traders and brokers... The American people paid for it... And to be fair... Tariffs did not really change under biden... But to also be fair... Biden was really busy trying to fix all the other shit trump fucked up.... The Consumers always pay the bill for tariffs.... Trumps threat to put huge Tariffs on foreign auto makers.... Does not safe American consumers money... it just takes the incentive away for US automakers to be more competitive or make better cars.... Lack of fair competition will make them lazy... reduce quality control... So American Consumers will be faced with paying super high prices for import vehicle manufacturers... or paying slightly less for cars from US Manufacturers.... Which the lack of quality control and lack of innovation will end up costing them more. |
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Mynki
Member
Posts: 372
Member is Online
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Post by Mynki on Oct 25, 2024 2:20:31 GMT -5
Tariffs... encourage producing in the USA, not to mention is the constitutions original method to tax. Corporate income taxes... discourage producing in the USA. Guess which candidate doesn't understand econ 101 The Answer is easy.... Trump is clueless... And he is also clueless on Tariffs... And you do not know shit about either... I could write a book on Tariffs... Many people do not understand them...Nor their history... I Import and export products every day and have since the late 1980's Tariffs are a failed relic of the early days of the United States.. Tariffs were put in place in a failed attempt to protect Industries in infancy.... Against... Long established Industries in Europe... Tariffs led to the French Revolution and the failure of France.... Which Sparked the rise of Napoleon... Which affected the economies across the world.... Tariffs fell out of favor in the US... When the FDR Administration moved to a free trade position... Other administrations largely held the same position. Until a total idiot was elected... And that is when I took a crash course in how tariffs benefit business and harm the American people... The US Corporations that import products did not suffer... imports of key products did not slow down.... The products kept coming in... And the percentages stayed the same... But the dollars went up for the importers... The dollars went up for the traders and brokers... The American people paid for it... And to be fair... Tariffs did not really change under biden... But to also be fair... Biden was really busy trying to fix all the other shit trump fucked up.... The Consumers always pay the bill for tariffs.... Trumps threat to put huge Tariffs on foreign auto makers.... Does not safe American consumers money... it just takes the incentive away for US automakers to be more competitive or make better cars.... Lack of fair competition will make them lazy... reduce quality control... So American Consumers will be faced with paying super high prices for import vehicle manufacturers... or paying slightly less for cars from US Manufacturers.... Which the lack of quality control and lack of innovation will end up costing them more. Quite possibly the best post I've ever read on here. Possibly because as an importer / exporter I can relate. The idea of raising import tariffs gets idiots all excited. Particularly the xenophobic kind. But in reality they don't work and always have negative consequences. I agree completely about your points on US automotive manufacturers. Competition is good for all. |
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Post by Captj on Oct 25, 2024 5:11:06 GMT -5
I've defined tariffs on this site several times, but I understand that some on here have very short attention spans. Here's a quick example: In Curacao there's a 100% duty (tariff) on new automobiles. The two results of this are that only the wealthy drive new cars, or #2 import papers are falsified to show the new vehicle as used with a few miles on them. Simple enough? Want to create a larger bureaucracy? Ask anybody here with import/export experience about the documentation necessary when shipping products overseas. And, there's a reason why customs brokers are used to get goods released into this country. More paperwork, more people to handle said paperwork = increased costs to you the consumer.
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Post by luapnor on Oct 25, 2024 5:46:13 GMT -5
Tariffs... encourage producing in the USA, not to mention is the constitutions original method to tax. Corporate income taxes... discourage producing in the USA. Guess which candidate doesn't understand econ 101 The Answer is easy.... Trump is clueless... And he is also clueless on Tariffs... And you do not know shit about either... I could write a book on Tariffs... Many people do not understand them...Nor their history... I Import and export products every day and have since the late 1980's Tariffs are a failed relic of the early days of the United States.. Tariffs were put in place in a failed attempt to protect Industries in infancy.... Against... Long established Industries in Europe... Tariffs led to the French Revolution and the failure of France.... Which Sparked the rise of Napoleon... Which affected the economies across the world.... Tariffs fell out of favor in the US... When the FDR Administration moved to a free trade position... Other administrations largely held the same position. Until a total idiot was elected... And that is when I took a crash course in how tariffs benefit business and harm the American people... The US Corporations that import products did not suffer... imports of key products did not slow down.... The products kept coming in... And the percentages stayed the same... But the dollars went up for the importers... The dollars went up for the traders and brokers... The American people paid for it... And to be fair... Tariffs did not really change under biden... But to also be fair... Biden was really busy trying to fix all the other shit trump fucked up.... The Consumers always pay the bill for tariffs.... Trumps threat to put huge Tariffs on foreign auto makers.... Does not safe American consumers money... it just takes the incentive away for US automakers to be more competitive or make better cars.... Lack of fair competition will make them lazy... reduce quality control... So American Consumers will be faced with paying super high prices for import vehicle manufacturers... or paying slightly less for cars from US Manufacturers.... Which the lack of quality control and lack of innovation will end up costing them more. I never mentioned Trump. |
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Post by ferris1248 on Oct 25, 2024 5:49:11 GMT -5
ferris trying to trigger me. almost got me. Damnit! Thought I had you. |
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Post by cadman on Oct 25, 2024 7:59:00 GMT -5
tell us how the tariffs trump imposed during his 4 years affected you, tell us how trumps tariffs on china that biden has continued to this day have affected you. now tell us how biden/harris economy,inflation,gas,interest rates have affected you. Tell us how much tax money went to the farmers who could not sell product overseas due to retaliatory tariffs? China and other countries got the money back by either raising the tariff on products we sold them or raise the price of the product they sold us. They didn't pay it out of their pocket. |
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Post by ferris1248 on Oct 25, 2024 8:11:04 GMT -5
Ferris you are starting to look desperate... If you're looking for property in South Georgia call BR-549. Ask for Junior. He's my agent. |
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