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Let's Start a Trade War
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wsurfer



Joined: 17 Aug 2000
Posts: 680

PostPosted: Wed Mar 07, 2018 2:13 pm    Post subject: Let's Start a Trade War Reply with quote

Hardly a good idea! I think most republicans agree! Twisted Evil Twisted Evil Twisted Evil
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boggsman1



Joined: 24 Jun 2002
Posts: 6261
Location: at a computer

PostPosted: Wed Mar 07, 2018 4:39 pm    Post subject: Re: Let's Start a Trade War Reply with quote

wsurfer wrote:
Hardly a good idea! I think most republicans agree! Twisted Evil Twisted Evil Twisted Evil

You'd think Smoot -Hawley, Nixon Wage Controls, and Dubya 2002 Tariffs would have taught them an economics lesson.....but today's Rethug party is not free trade....It's power at any cost. I am not predicting a trade war, but tariffs always have bad consequences.
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mat-ty



Joined: 07 Jul 2007
Posts: 4057

PostPosted: Wed Mar 07, 2018 6:03 pm    Post subject: Reply with quote

China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!

I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.

Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??

Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE.
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nw30



Joined: 21 Dec 2008
Posts: 4771
Location: The eye of the universe, Cen. Cal. coast

PostPosted: Wed Mar 07, 2018 7:10 pm    Post subject: Reply with quote

"Start"?
That's a laugh, there has been a trade war going on for decades, Trump has just been pointing that out, and doesn't want to be on the losing end any longer.
Ya think there are no tariffs being applied anywhere else, by any other country? Educate yourself, you may be surprised.

"Start a trade war" Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing

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



Joined: 17 Aug 2000
Posts: 680

PostPosted: Wed Mar 07, 2018 9:33 pm    Post subject: Reply with quote

mat-ty wrote:
China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!

I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.

Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??

Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE.


That's only because we are (collectively) starving them to death (and they were already in dire straights). Nothing to do with tariffs or trade or deficits.
Get an education!
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mat-ty



Joined: 07 Jul 2007
Posts: 4057

PostPosted: Wed Mar 07, 2018 9:43 pm    Post subject: Reply with quote

wsurfer wrote:
mat-ty wrote:
China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!

I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.

Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??

Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE.


That's only because we are (collectively) starving them to death (and they were already in dire straights). Nothing to do with tariffs or trade or deficits.
Get an education!


Wrong shithead... It was trump who went to the UN and got overwhelming support to enforce sanctions. It was a historical event ignored by the liberal press, that would explain your ignorance on the matter you stupid old fool.
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wsurfer



Joined: 17 Aug 2000
Posts: 680

PostPosted: Wed Mar 07, 2018 9:46 pm    Post subject: Reply with quote

mat-ty wrote:
China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!

I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.

Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??

Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE.


Okay wet-ty, I have said this before but will reiterate for your convenience.
China holds most of our debt, don't piss them off (too much).
Deficits are not a totally bad thing.
In 2009 China was not totally integrated into the global economy but they are now.
If we have another 2009 there will be no other economy in the world to prop us back up. China was the worlds safety net back then. It's not gonna happen again. Hold on to your pants when the next one happens again
Exclamation Exclamation Exclamation
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boggsman1



Joined: 24 Jun 2002
Posts: 6261
Location: at a computer

PostPosted: Wed Mar 07, 2018 10:03 pm    Post subject: Reply with quote

nw30 wrote:
"Start"?
That's a laugh, there has been a trade war going on for decades, Trump has just been pointing that out, and doesn't want to be on the losing end any longer.
Ya think there are no tariffs being applied anywhere else, by any other country? Educate yourself, you may be surprised.

"Start a trade war" Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing

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

Losing end? Tell that to WalMart shoppers and S&P earnings. 70% of our economy is consumption based and we use 23% of the daily petroleum the world produces, of course were going to run trade deficits...
Tariffs are bad NW, its a tax on US consumers and reduces the flow of goods.. see: Herbert Hoover, Dubya in 2002. People were breaking into houses and stealing copper piping in the mid 2000s because the price soared. I never thought Id see the day where Rethugs would supports tariffs and deficits .... truly remarkable.
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wsurfer



Joined: 17 Aug 2000
Posts: 680

PostPosted: Thu Mar 08, 2018 6:34 am    Post subject: Reply with quote

mat-ty wrote:
wsurfer wrote:
mat-ty wrote:
China is building the biggest military in the world , and now produces 45% of steel ITW....not good!!

I don't think anyone wants a trade war but something needs to be done about Americas trade deficits.

Remember when everyone was screaming the world was going to end months ago when Trump told NK that we had a bigger button and it works??

Guess what?? NK are now saying they are willing to back off their nuclear missile programs with guarantees of peace.
Trump may have an unorthodox style but he can be VERY EFFECTIVE.


That's only because we are (collectively) starving them to death (and they were already in dire straights). Nothing to do with tariffs or trade or deficits.
Get an education!


Wrong shithead... It was trump who went to the UN and got overwhelming support to enforce sanctions. It was a historical event ignored by the liberal press, that would explain your ignorance on the matter you stupid old fool.

Nice, resorting to name calling instead of actually stating the facts.
He was late to the game again but claims he was responsible for the win!
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boggsman1



Joined: 24 Jun 2002
Posts: 6261
Location: at a computer

PostPosted: Thu Mar 08, 2018 4:06 pm    Post subject: Reply with quote

Sad day for capitalists.....Good timing for the weekend though!!!, as Drumpf visits PA-18........
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