Impressed by the Trump administration part II

posted by Spock

You posters downplaying Trumps roll is laughable.  Clearly his doing.

Words from the site's foremost Trumptard don't really carry weight.

posted by Heretic

Words from the site's foremost Trumptard don't really carry weight.

Know your roll and shut your mouth 

role

https://www.wsj.com/articles/u-s-steel-to-restart-illinois-plant-operations-to-handle-demand-1520430223

United States Steel Corp. X +3.93% said it would restart a blast furnace in Illinois to handle the higher demand it expects from President Donald Trump’s proposed tariffs on foreign steel.

The steelmaker said it also plans to call 500 employees back to work at the Granite City mill. U.S. Steel idled its blast furnaces there two years ago as a flood of cheap imports pushed down domestic steel prices. 

posted by friendfromlowry

Know your roll and shut your mouth 

posted by QuakerOats

role

I absolutely lol'd.

posted by QuakerOats

https://www.wsj.com/articles/u-s-steel-to-restart-illinois-plant-operations-to-handle-demand-1520430223

 

United States Steel Corp. X +3.93% said it would restart a blast furnace in Illinois to handle the higher demand it expects from President Donald Trump’s proposed tariffs on foreign steel.

The steelmaker said it also plans to call 500 employees back to work at the Granite City mill. U.S. Steel idled its blast furnaces there two years ago as a flood of cheap imports pushed down domestic steel prices. 

I'm not a Trump fan, but I give him great props for this.  I don't buy the economists who say the downside of the tariffs are going to be apocalyptic.  Buying dumped Chinese steel is the Chinese government subsidizing your business.  

I'm not saying we go nuts with a lot of new tariffs, but sending a few strong messages like this should help in future trade negotiations.

And I still hear people talking about Trump starting trade wars; for God's sake, we have been in a trade war for the last 40 years and our losing our ass.  Time to try something a little different. 

posted by Dr Winston O'Boogie

I'm not a Trump fan, but I give him great props for this.  I don't buy the economists who say the downside of the tariffs are going to be apocalyptic.  Buying dumped Chinese steel is the Chinese government subsidizing your business.  

I think it's actually a really good argument.  If China wants to subsidize steel, that's free money to our businesses.  Steel is a commodity - you want your [economy] to be further up the value chain.  It's true that everyone loses in a trade war.

Now the national defense argument is also valid.  But we're nowhere near that point yet.  Also, someone posted earlier (I didn't research/verify) that Canada is our leading steel source by far.

We trade at a huge deficit with almost every country.  Trump doesn't GAF about the feelz of some other country that has lined its pockets with a anti US trade agreement.  now that we have a business man in the WH.....it is truly America first.

posted by QuakerOats

I'm not saying we go nuts with a lot of new tariffs, but sending a few strong messages like this should help in future trade negotiations.

And I still hear people talking about Trump starting trade wars; for God's sake, we have been in a trade war for the last 40 years and our losing our ass.  Time to try something a little different. 

 

are

The USA has been trading at a deficit since 1975.  High tariffs do not reduce trade deficit. For instance, America’s trade deficit narrowed dramatically during the Great Recession.  Donald's tariffs will make the deficit larger after other countries impose reciprocal tariffs.

Apparently to Donald fans, every other President since '75 and their economists has been ignorant about growth, savings and investment rates.  

posted by HOF on coattails

Apparently to Donald fans, every other President since '75 ...has been ignorant about growth, savings and investment rates.  

well, mainly just Obama. - growth, savings and investment doesn't matter to a socialist

posted by gut

well, mainly just Obama. - growth, savings and investment doesn't matter to a socialist

We'll see what happens after the Trump tariffs.  

I think we have established said is a pathetic moron, but even a broken clock is right twice a day (in said's case once every 5 years).  Although, he is only bitching about it, because a certain person is in the WH. 

I can't get on board with tariffs, it is completely idiotic.  It has been proven time and time again that a protectionism does not work. 

Said is so pathetic. Guy can’t just leave this site he has to come back with different usernames lol it’s like posting on the OC is one of the more important things in his life. Yikes..

posted by SportsAndLady

Said is so pathetic. Guy can’t just leave this site he has to come back with different usernames lol it’s like posting on the OC is one of the more important things in his life. Yikes..

To most it is just a message board for the lulz.  For said, it is life.

I missed it. How do we know it’s said?

posted by friendfromlowry

I missed it. How do we know it’s said?

It’s pretty obvious

posted by HOF on coattails

are

lazy error on my part, thinking about "our" ass getting kicked too much.  My apologies to the group. 

posted by HOF on coattails

The USA has been trading at a deficit since 1975.  High tariffs do not reduce trade deficit. For instance, America’s trade deficit narrowed dramatically during the Great Recession.  Donald's tariffs will make the deficit larger after other countries impose reciprocal tariffs.

Apparently to Donald fans, every other President since '75 and their economists has been ignorant about growth, savings and investment rates.  

 

          

The deficit narrowed during the repression because of the dramatic pullback by the American consumer = less imports.