The Trump Presidency VII

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Toontown said:
So, what do you want? Cheap labor in the U.S. to bring them back?

Have you and your fellow economic genius Trump noticed that the economy you falsely take credit for was achieved without a trade war?

Clearly, your mentor has overlooked that glaringly obvious fact. Which is just more evidence that the credit he takes is bogus.
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This is the part that most makes me put palm to face. The economy is rolling along, so boom, big tax cuts that will spike the deficit. Economy still rolling along, bam, let's create market uncertainty with corporations we have petty jealousies (Amazon) of. Economy moves on and biff, trade wars with our allies. As my old man would say, Quit monkeying with it!
 
Fast Eddie B said:
I thought he could only impose tariffs for reasons of national security.
Quite a reach to apply that to Canada and Mexico.

If the Congress had the will, I think Trump could be opposed on this.
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Correct. Read the various announcements of the tariffs. Each one cites national security. It's a connect the dots thing, sort of the battle being lost for want of a single nail or however that old allegory went. In Trump/Sessions thinking it amounts to,... if an aluminum baseball bat is too expensive for Johnny Border Farmer, how's he supposed to beat the Mexican Hordes over the head?
 
Foolmewunz said:
Correct. Read the various announcements of the tariffs. Each one cites national security. It's a connect the dots thing, sort of the battle being lost for want of a single nail or however that old allegory went. In Trump/Sessions thinking it amounts to,... if an aluminum baseball bat is too expensive for Johnny Border Farmer, how's he supposed to beat the Mexican Hordes over the head?
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Wait. Wouldn't that required cheaper aluminum? How does adding a tax make it any cheaper?
 
Also ... how is it possible that the world's leading steel producer is a company based in Luxembourg, which also has one of the highest consumptions of oil products in the world? Is that an EU thing?

And ... the U.S. is a major, major net importer of steel.

But ... how do we even know Trump is going to impose the tariff? One day yes, the next day no. He's just manipulating the commodities market, something he might have dreamt up with the rest of the planet's price fixers.

A loose affiliation of billionaires and trillionaires in which Trump is decidedly bush league.

I think a lot of Americans think of the U.S. as a great island nation, wrestling all the resources we need out of the earth, dependent on no one. There is no global economy, there is only a bubble called the USA. Canada and Mexico are mere thorns in our side, the rest of the world is a festering ****hole.

The rest of the world can do business without the U.S. pretty easily, actually. What made America great? A blazing entrance on the world stage. Engagement. Let us now disengage. Stock up on canned goods and wait for the rapture. Country people, hell, all they need is a varmint gun, a chainsaw and a pick-em-up-truck. Some can-do and a can of Mountain Dew. But the can will cost more. That's OK, sugar will still be cheap. Though we'll have to give up coffee, tea and chocolate.

Maybe we can go back to a pre-Woodrow Wilson profile on the world stage.

And someone will end up very, very rich.
 
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Minoosh said:
Wait. Wouldn't that required cheaper aluminum? How does adding a tax make it any cheaper?
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It doesn't. I was being facetious. The logic is "ignorant votes". It sounds good but ignores the problem. Follow logger's logic... if we put tariffs on the imports we make it possible for Ed and Lurleen to open themselves an aluminum smelter so we won't be caught short of Budweiser cans in the future, big business thrives again and we can take care of giving everyone a fourth big screen TV and third car. And it blames the other guy and not the real culprit - the greedy businesses who sold their manufacturing out because they were more interested in padding their quarterly results than in long-term growth. Market-driven economies have the effect of being very flexible, but in many cases too flexible. Vision beyond two or three quarters is rare, now. They'll all be out on their asses if they try to plan five or ten years ahead.
 
logger said:
So allowing these “allies” to continue to screw us economically will make those relationships better. When is the left going to figure out this president is America first!
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Psssst... just so you know one of those allies that will be hit by steel tariffs is Canada, which has a trade deficit with the u.s. not sure how Canada running a trade deficit "screws" the u.s.

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Segnosaur said:
Psssst... just so you know one of those allies that will be hit by steel tariffs is Canada, which has a trade deficit with the u.s. not sure how Canada running a trade deficit "screws" the u.s.

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It could have a trade deficit on every single good or service. Sure, at the moment there's a multi-billion dollar overall deficit, but there's a 10 dollar poutine surplus on Canada's dealings with the US.:rolleyes:
 
Apropos of Trump's anti-science GOP:

China increasingly challenges American dominance of science

This is the battlefield upon which good ole boys and their guns will take one merciless pasting after another, until they cannot afford any more bullets, and cannot make ones as good as those fired upon them. Knowledge is the long-term driver of wealth, not chest-beating. And lo, "whiteness" was never the strength of the West, never a source of "greatness," and no amount of bullets could stop the downfall in blind ignorance, butts in air holding white flags.

China strategy:
Cash flow war: Check, already won, hands down, and the fools helped us.
Innovation war: Check, gaining fast, since we have the cash. And the fools helped us by -- get this -- embracing fantasy. OMG.
"War" war: Put the above 2 plus 2 together, add time. "Balls?" We'll cut those off first.

Whine boys still don't get it. Thought it was the overweight monster in the mirror who was, is, and always will be the Biggest Baddest Dude. Oopsie. Big fat mistake.
 
logger said:
Look at your post I was responding to? Seriously, what am I going to do with that? I’m not going to be able to convince you, I don’t even want to convince you.
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I'd just love to hear any coherent reason for why you support Trump. Anything that shows a depth of understanding of his policies and how they are something that others should get behind.

Instead it amounts to nothing more than sticking it to liberals and Democrats.
 
Craig4 said:
I just saw that his feckless **** daughter got new trademarks in China. I guess we know what her dad would sell us out for.
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The BBC news story on this highlighted that there was nothing unusual about the timing of the trademarks being awarded.
 
Trebuchet said:
I think the main reason Trump pardoned D'Souza is their shared pathological hatred of Obama.
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That and trying to find famous people who commit the same crimes he is likely get nabbed on and pardon them to make it seem like it is all the deep state,
 
Stacko said:
The unemployment is a real issue. It's just that solutions based on a lie, the jobs went elsewhere, and solutions based on reality, the jobs are being performed by machines, are very different.
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Bah no one voted for trump based on his understanding of reality. They clearly don't want reality based solutions.
 
logger said:
I’ve already posted it. We’re losing our manufacturing base.
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That's not a threat to national security.

Steel (or any other kind of good) produced in Canada or Mexico can quite safely be transported to anywhere in the continental USA because of plenty of land routes. Because of this, to suggest that steel imports from Mexico or Canada is a threat to national security would imply that those countries would embargo the US and refuse to export any steel there.

Essentially Trump and the American government is saying that they don't trust the Canadians or Mexicans to remain friendly towards the US. That is why Trudeau is perfectly correct to see Trump's tariffs, especially in how they are justified, as offensive and hostile towards Canada considering how close they have been politically and economically.
 
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If anyone can point out a 5 minute stretch* where Trump doesn't tell a lie, not counting a teleprompter speech, I'll eat my hat and donate $100 to their favorite charity.

* A stretch when he's speaking. I readily concede he probably doesn't lie while sleeping or otherwise not speaking/tweeting.
 
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@realDonaldTrump said:
As has been stated by numerous legal scholars, I have the absolute right to PARDON myself, but why would I do that when I have done nothing wrong? In the meantime, the never ending Witch Hunt, led by 13 very Angry and Conflicted Democrats (& others) continues into the mid-terms!
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If you are innocent then why do you act so god damn guilty all of the time?
 
The Don said:
The BBC news story on this highlighted that there was nothing unusual about the timing of the trademarks being awarded.
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Things like this might look unseemly without necessarily being unseemly.

But then, that's why we have an emoluments clause. So we don't have to guess. I'm not sure it would change matters regarding Ivanka, of course.
 
Arcade22 said:
That's not a threat to national security.

Steel (or any other kind of good) produced in Canada or Mexico can quite safely be transported to anywhere in the continental USA because of plenty of land routes. Because of this, to suggest that steel imports from Mexico or Canada is a threat to national security would imply that those countries would embargo the US and refuse to export any steel there.

Essentially Trump and the American government is saying that they don't trust the Canadians or Mexicans to remain friendly towards the US. That is why Trudeau is perfectly correct to see Trump's tariffs, especially in how they are justified, as offensive and hostile towards Canada considering how close they have been politically and economically.
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Disagree, the worlds major super power relying on other countries is, well, ridiculous.
 
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