You want lower costs... you got it.
stock prices are falling.
Need to start loading up while the sky is falling. If it keeps tanking, buy a little more.
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You want lower costs... you got it.
stock prices are falling.
Need to start loading up while the sky is falling. If it keeps tanking, buy a little more.
[IMG]https://i.postimg.cc/C1vrhk44/image.png[/IMG]
True... Trump is 100% to blame here.
we are not winning at the moment.
Tariff Bull$hit.
[QUOTE=Doomsday Dallas;14983015]True... Trump is 100% to blame here.
we are not winning at the moment.
Tariff Bull$hit.[/QUOTE]
he's hoping he can deceive his voter base for as long as possible by claiming it's all biden's fault. eventually that will run out of steam and he'll have to face the music, which he's hoping the economy will be in recovery/an upswing by then. bold move.
There's going to be a little pain involved but America cannot keep shipping more and more jobs to Mexico and watch the deficit widen more and more. Just like the border situation, it's gotten too f"cked up so gtfotw let someone who has the balls attempt to fix it. There's no way it's going to be done cleanly but it has to be done. It's a game of chicken. US vs Mexico. See who blinks first. Mexico is looking at full blown depression if we have a trade war.
[QUOTE=Media Moderator;14983027]There's going to be a little pain involved but America cannot keep shipping more and more jobs to Mexico and watch the deficit widen more and more. Just like the border situation, it's gotten too f"cked up so gtfotw let someone who has the balls attempt to fix it. There's no way it's going to be done cleanly but it has to be done. It's a game of chicken. US vs Mexico. See who blinks first. Mexico is looking at full blown depression if we have a trade war.[/QUOTE]
A little pain? Nope. More like a lot of pain. I think its funny that Americans think the costs of goods will only go up temporarily. It won't. It'll be up forever.
Ever think about why these goods were imported in the first place? It's because they can be produced at a lower cost elsewhere. How is the cost lower? Because the salaries in other countries are a lot lower. Unless Americans are willing to work under minimum wage, the costs of literally everything will go up permanently.
[QUOTE=Media Moderator;14983027]There's going to be a little pain involved but America cannot keep shipping more and more jobs to Mexico and watch the deficit widen more and more. Just like the border situation, it's gotten too f"cked up so gtfotw let someone who has the balls attempt to fix it. There's no way it's going to be done cleanly but it has to be done. It's a game of chicken. US vs Mexico. See who blinks first. Mexico is looking at full blown depression if we have a trade war.[/QUOTE]
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[QUOTE=highwhey;14983032][IMG]https://www.thecoli.com/styles/default/xenforo/smilies/mjlol.png[/IMG]
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Looks like a foot except without the Osler's nodes
THE CLOWN HAS SPOKEN
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[QUOTE=Media Moderator;14983027]There's going to be a little pain involved but America cannot keep shipping more and more jobs to Mexico and watch the deficit widen more and more. Just like the border situation, it's gotten too f"cked up so gtfotw let someone who has the balls attempt to fix it. There's no way it's going to be done cleanly but it has to be done. It's a game of chicken. US vs Mexico. See who blinks first. Mexico is looking at full blown depression if we have a trade war.[/QUOTE]
It's not only Mexico, numbnuts. He's also going at Canada, China, Spain and other European countries. Dude is hellbent on causing Americans economic strife. I said this even before his presidency began, he'll end his presidency on record breaking disapproval ratings and the Democrats, in spite of themselves, will come back and control all levers of power and do away with all of Trump's initiatives...all except that tax cut for the wealthy, of course.
[QUOTE=TheMan;14983047]It's not only Mexico, numbnuts. He's also going at Canada, China, Spain and other European countries. Dude is hellbent on causing Americans economic strife. I said this even before his presidency began, he'll end his presidency on record breaking disapproval ratings and the Democrats, in spite of themselves, will come back and control all levers of power and do away with all of Trump's initiatives...all except that tax cut for the wealthy, of course.[/QUOTE]
Let us know when inflation hits 9%.
[QUOTE=TheMan;14983047]It's not only Mexico, numbnuts. He's also going at Canada, China, Spain and other European countries. Dude is hellbent on causing Americans economic strife. I said this even before his presidency began, he'll end his presidency on record breaking disapproval ratings and the Democrats, in spite of themselves, will come back and control all levers of power and do away with all of Trump's initiatives...all except that tax cut for the wealthy, of course.[/QUOTE]
Anyone that has a growing big trade deficit with the US needs to have a good explanation of why we shouldn't add tariffs or what they are going to do to help us shrink it. We do not need to be the world's doormat. To continue to let big trade deficits grow is unsustainable and all you people crying about it are not offering any solutions other than to let it get worse. You same people also said nothing could be done about the border, and just a month into Trump's presidency you were proven dead wrong
[QUOTE=Media Moderator;14983051]Anyone that has a growing big trade deficit with the US needs to have a good explanation of why we shouldn't add tariffs or what they are going to do to help us shrink it. We do not need to be the world's doormat. To continue to let big trade deficits grow is unsustainable and all you people crying about it are not offering any solutions other than to let it get worse. You same people also said nothing could be done about the border, and just a month into Trump's presidency you were proven dead wrong[/QUOTE]
if you understood the economic benefits of being at a trade deficit and the particular benefit of being the world's high end arm dealer, you would not be asking for an explanation. we are the global high end supplier of many things. let china and other copuntries continue being the walmart for the world. its why walmart employees are paid min wage as chinese people earn 3rd world wages.
[QUOTE=Media Moderator;14983051]Anyone that has a growing big trade deficit with the US needs to have a good explanation of why we shouldn't add tariffs or what they are going to do to help us shrink it. We do not need to be the world's doormat. To continue to let big trade deficits grow is unsustainable and all you people crying about it are not offering any solutions other than to let it get worse. You same people also said nothing could be done about the border, and just a month into Trump's presidency you were proven dead wrong[/QUOTE]
Trade deficits with Canada and Mexico are the natural effect of the US being a much larger market than those two countries put together. Simply put, there are many more potential buyers in the US than there are in CAN and MEX together. The obvious solution is either raise wages across the board (never gonna happen with a GOP congress) so Americans can buy US made products OR reduce wages (good luck with that) so that domestic products cost about the same as imports.
Trump's stupid tariffs war could easily lead to an out of control world wide recession but then again, no one outside of MAGA dullards bought into this fake narrative that Trump is a business genius.
Massive recession coming. Economists repeatedly warned of the tariff would do this, but it was more important to protect girls sports from the 3 trans dudes playing in it.