alexava 6,973 Posted March 22, 2018 Share Posted March 22, 2018 I find it interesting how politics have seemed to change sides on trade since trump won. These arguments were much different when Romney ran vs Obama. Republicans used to defend offshore outsourcing and blame the loss of jobs on regulations almost totally on regulations. Dems wanted to bring jobs back. Now it’s all flip flops. Link to comment Share on other sites More sharing options...
NolaAuTiger 3,295 Posted March 22, 2018 Share Posted March 22, 2018 12 minutes ago, alexava said: I find it interesting how politics have seemed to change sides on trade since trump won. These arguments were much different when Romney ran vs Obama. Republicans used to defend offshore outsourcing and blame the loss of jobs on regulations almost totally on regulations. Dems wanted to bring jobs back. Now it’s all flip flops. Wish flip flops were only spoken about in context of the beach. Link to comment Share on other sites More sharing options...
alexava 6,973 Posted March 22, 2018 Share Posted March 22, 2018 My problem with trump is his bloviating. That Carrier plant in Indiana is an example. He blew a ton of smoke. It’s now worse than expected before they were given tax breaks. I don’t believe anything he does or says is done in earnest for the people of this country. He is a self serving prick. He brags at how he can sell. I can’t get on board with such an ego. I don’t oppose the tariffs simply because trump imposed them. I want a neutral party to assess the impact, pros/ cons. But I don’t think he did it to help steelworkers. There is an advantage for his or hi family to be had. Link to comment Share on other sites More sharing options...
Brad_ATX 13,654 Posted March 22, 2018 Share Posted March 22, 2018 DOW down 700+ points today after China tariff announcements. Link to comment Share on other sites More sharing options...
RunInRed 16,409 Posted March 22, 2018 Share Posted March 22, 2018 Never seen a POTUS torpedo his own economic record like this before ... Link to comment Share on other sites More sharing options...
AUDub 11,148 Posted March 22, 2018 Share Posted March 22, 2018 34 minutes ago, Brad_ATX said: DOW down 700+ points today after China tariff announcements. Trashing your 401k to own the libs. Link to comment Share on other sites More sharing options...
Brad_ATX 13,654 Posted March 22, 2018 Share Posted March 22, 2018 10 minutes ago, AUDub said: Trashing your 401k to own the libs. Schumer actually praised this move today. I still don't understand it all. We're largely a services economy now. Link to comment Share on other sites More sharing options...
homersapien 11,373 Posted March 22, 2018 Share Posted March 22, 2018 16 minutes ago, RunInRed said: Never seen a POTUS torpedo his own economic record like this before ... It was inevitable. Link to comment Share on other sites More sharing options...
TexasTiger 12,865 Posted March 22, 2018 Author Share Posted March 22, 2018 33 minutes ago, RunInRed said: Never seen a POTUS torpedo his own economic record like this before ... Dude goes with his “gut.” Link to comment Share on other sites More sharing options...
alexava 6,973 Posted March 22, 2018 Share Posted March 22, 2018 3 hours ago, Brad_ATX said: DOW down 700+ points today after China tariff announcements. 3 hours ago, Brad_ATX said: Schumer actually praised this move today. I still don't understand it all. We're largely a services economy now. That’s a problem too. Link to comment Share on other sites More sharing options...
AU64 10,122 Posted March 23, 2018 Share Posted March 23, 2018 28 minutes ago, alexava said: That’s a problem too. Been that way for a long time.....50 years or so...what's dropped has been agriculture....aging population spending lots of our GDP taking care of the old and infirm. Check leading employers in most counties and it is schools and medical care. But if you don't have something going on in a country that adds value to a good or service, all you are doing in churning dollars. . Countries with strong manufacturing are still the most wealthy. Interesting that foreign companies can come to the US and be successful as manufacturers and US management can ' t figure out how to do that.....it is shameful in my view. Link to comment Share on other sites More sharing options...
alexava 6,973 Posted March 23, 2018 Share Posted March 23, 2018 1 hour ago, AU64 said: Been that way for a long time.....50 years or so...what's dropped has been agriculture....aging population spending lots of our GDP taking care of the old and infirm. Check leading employers in most counties and it is schools and medical care. But if you don't have something going on in a country that adds value to a good or service, all you are doing in churning dollars. . Countries with strong manufacturing are still the most wealthy. Interesting that foreign companies can come to the US and be successful as manufacturers and US management can ' t figure out how to do that.....it is shameful in my view. Exactly! You must be productive. It’s called “Value Added”. You can’t sustain on a service based economy. I supported Bernie because of this. I can’t oppose it now because of Trump. Although I still hate the bastard and I don’t agree with HOW he does anything, I can’t be against tariffs. I wish he had built a stipulation into the tax reductions that corporations that outsource aren’t eligible. Link to comment Share on other sites More sharing options...
NolaAuTiger 3,295 Posted March 23, 2018 Share Posted March 23, 2018 14 minutes ago, alexava said: Exactly! You must be productive. It’s called “Value Added”. You can’t sustain on a service based economy. I supported Bernie because of this. I can’t oppose it now because of Trump. Although I still hate the bastard and I don’t agree with HOW he does anything, I can’t be against tariffs. I wish he had built a stipulation into the tax reductions that corporations that outsource aren’t eligible. Figured you were a Bernie guy. Wish you would've come to Cuba with me last summer. Link to comment Share on other sites More sharing options...
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