Impressed by the Trump administration part II

posted by O-Trap

\Oh, believe me.  He gets a LOT of the credit for this.

How anti-free market of him ...

Like I said, this is very 1990's Democrat of him...

This has been a disastorous week for Trump.  

I'm certainly NOT impressed with him not considering due process in gun grabs. He just needs to stop popping off saying asinine statements just to have something to say. Or just stop. Everything.

I'm sure the tariffs will work just as wonderfully as they did in 2002. 

posted by CenterBHSFan

I'm certainly NOT impressed with him not considering due process in gun grabs. He just needs to stop popping off saying asinine statements just to have something to say. Or just stop. Everything.

Yeah....that is not happening. He is who he is. 

posted by bigorangebuck22

I'm sure the tariffs will work just as wonderfully as they did in 2002. 

This is what people voted for....America first. 

This is a good test case for modern protection policy. 

posted by ptown_trojans_1

Yeah....that is not happening. He is who he is. 

posted by bigorangebuck22

I'm sure the tariffs will work just as wonderfully as they did in 2002. 

This is what people voted for....America first. 

This is a good test case for modern protection policy. 

 

Considering Hillary said she would do the same, yes this is what the majority of the country voted for.  If you voted D/R you were fucked regardless with protectionist bullshit. 

posted by like_that

Considering Hillary said she would do the same, yes this is what the majority of the country voted for.  If you voted D/R you were fucked regardless with protectionist bullshit. 

Yeah, but, I doubt she would have followed through. It would have been those classic talk on the campaign, then once in office, Oh, that is too difficult, so let's not do it. 

Your point remains though. Both sides fucking suck. 

Some US industries send products to China which are slammed with a 26% 'tariff'; similar products coming from China to the U.S. arrive 'free'.  

My sense is this is a shot over the bow; it will all eventually settle out.

posted by ptown_trojans_1

Yeah, but, I doubt she would have followed through. It would have been those classic talk on the campaign, then once in office, Oh, that is too difficult, so let's not do it. 

Your point remains though. Both sides fucking suck. 

true.....HC makes all decisions based on HC and her political future.  DT makes decisions with who knows what

posted by Spock

true.....HC makes all decisions based on HC and her political future.  DT makes decisions with who knows what

I think Trump makes decisions on whatever will get him the most attention.  

posted by ptown_trojans_1

Yeah, but, I doubt she would have followed through. It would have been those classic talk on the campaign, then once in office, Oh, that is too difficult, so let's not do it. 

Your point remains though. Both sides fucking suck. 

She campaigned heavily on her exit tax.  She was all about "protectionism."  Whoever won the presidency was going to do something to stifle economic growth.  

posted by like_that

She campaigned heavily on her exit tax.  She was all about "protectionism."  Whoever won the presidency was going to do something to stifle economic growth.  

For once I agree with Ptown....I don't think she follows thru, especially with a Repub Congress who would be arguing against this if Trump didn't happen to have an R behind his name.

I haven't studied if the fair/unfair international trade practices are true or not.  Yes, the economic theory is in universal agreement that tariffs and trade wars are bad.  However, if you really are just leveling the playing field I think the long-run results could be productive.

Credits and subsidies (a.k.a "corporate welfare") are also common tools here at home to counter unfair trade practices.  They tend not to get this sort of attention, though.

posted by gut

For once I agree with Ptown....I don't think she follows thru, especially with a Repub Congress who would be arguing against this if Trump didn't happen to have an R behind his name.

I haven't studied if the fair/unfair international trade practices are true or not.  Yes, the economic theory is in universal agreement that tariffs and trade wars are bad.  However, if you really are just leveling the playing field I think the long-run results could be productive.

Credits and subsidies (a.k.a "corporate welfare") are also common tools here at home to counter unfair trade practices.  They tend not to get this sort of attention, though.

I think she would 100% try, but we can agree to disagree.  That wasn't the point.  It was in reference to ptown's this is what they voted for.  The point was they both in one way or the other campaigned on it and the majority of the votes went to both candidates.  Technically if you didn't vote third party, then you were voting for it.  I don't think 65M people thought Hillary would go back on her word.  Let's be real, a good majority of those 65M thought Hillary was an actual honest person LOL.

I agree with the rest of your post though.  I was pretty shocked when trump placed tariffs on foreign solar panels and less than a month a Chinese company announced they would be open up a plant and  manufacture their panels in the states.  First time I have ever seen tariffs "work."  Unfortunately, I think that has planted in Trump's head that tarffis are effective. 

posted by like_that

I was pretty shocked when trump placed tariffs on foreign solar panels and less than a month a Chinese company announced they would be open up a plant and  manufacture their panels in the states.  First time I have ever seen tariffs "work."  Unfortunately, I think that has planted in Trump's head that tarffis are effective. 

Been a while since I thought about the fundamentals of tariffs....but if I recall correctly, they don't really say that the Chinese company won't respond by moving it's manufacturing to the US.  It just says that it's a net global economic loss.  Once China retaliates, American companies either have to move/outsource or lose those sales all together.

The calculus Trump appears to be running is that we can grab more of a smaller pie and come out further ahead.  But in the long-run, the theory goes that everyone does this and everyone ends up with less than they could otherwise have.

https://www.yahoo.com/finance/news/trump-will-make-beer-expensive-152234604.html

This could drop President Trump's approval rating to an all time low. 

posted by ppaw1999

https://www.yahoo.com/finance/news/trump-will-make-beer-expensive-152234604.html

This could drop President Trump's approval rating to an all time low. 

......so, like an extra nickel on Quaker's sixer of BLD?

posted by gut

......so, like an extra nickel on Quaker's sixer of BLD?

That could end up being a lot of nickels!

posted by ppaw1999

That could end up being a lot of nickels!

LOL, I will give that article credit.  I FULLY expected them to claim it would raise the price of beer 10%.

posted by ppaw1999

That could end up being a lot of nickels!

Except US beer producers just got a 40% tax cut, so beer prices should fall and beer drinkers will be like MBGA

posted by gut

Like I said, this is very 1990's Democrat of him...

Yeah.  I'm not especially surprised.