Debates Forum

Debates Forum

  1. Joined
    07 Dec '05
    Moves
    14732
    27 Oct '18 08:14
    Merchandise Trade Deficit Largest Trade Deficit on Record.

    https://www.schiffradio.com/the-peter-schiff-show-podcast/

    Is this proof Trump's tariffs are not working and are nothing more than a tax on Americans that buy imported goods?
  2. Joined
    05 Nov '06
    Moves
    81257
    27 Oct '18 12:48
    @metal-brain said
    Merchandise Trade Deficit Largest Trade Deficit on Record.

    https://www.schiffradio.com/the-peter-schiff-show-podcast/

    Is this proof Trump's tariffs are not working and are nothing more than a tax on Americans that buy imported goods?
    No...

    https://www.forbes.com/sites/kenrapoza/2018/04/10/trumps-tariff-threats-are-working-on-china/#6f41083e7c86
  3. Behind the scenes
    Joined
    27 Jun '16
    Moves
    1398
    27 Oct '18 13:022 edits
    @mott-the-hoople said
    No...

    https://www.forbes.com/sites/kenrapoza/2018/04/10/trumps-tariff-threats-are-working-on-china/#6f41083e7c86
    Hey Mott - Tell that to the American farmers that are losing their farms over these tariffs. President Donald Trump is about to get an earful from Americans hurt by tariffs. More than 80 trade associations representing thousands of businesses and workers announced Wednesday they are forming a coalition called Americans for Free Trade and joining with agriculture groups to launch a multimillion-dollar campaign against tariffs. Called Tariffs Hurt the Heartland, the campaign will highlight the negative impact of tariffs on businesses and the benefits of international trade to the U.S. economy.


    You can always tell a Trump supporter, but you can't tell them very much! 🙄


    https://www.usatoday.com/story/news/politics/2018/09/12/trade-wars-farmers-businesses-show-how-tariffs-hurt-heartland/1278052002/
  4. Joined
    05 Nov '06
    Moves
    81257
    27 Oct '18 14:52
    those farmers are smarter than you, they know the game...

    https://www.huffingtonpost.com/entry/trump-tariffs-farmers-soybeans_us_5b646da2e4b0de86f4a0c5f4
  5. Joined
    07 Dec '05
    Moves
    14732
    27 Oct '18 23:30
    @mott-the-hoople said
    No...

    https://www.forbes.com/sites/kenrapoza/2018/04/10/trumps-tariff-threats-are-working-on-china/#6f41083e7c86
    The trade deficit is growing. Apparently the tariffs are not high enough to curb buying imported goods. Who is to blame for that?
  6. Joined
    05 Nov '06
    Moves
    81257
    28 Oct '18 15:291 edit
    @metal-brain said
    The trade deficit is growing. Apparently the tariffs are not high enough to curb buying imported goods. Who is to blame for that?
    the deficit is growing because the US economy is booming...

    "(Bloomberg Opinion) -- U.S. President Donald Trump has made closing America’s trade deficit with China a top priority. The problem is, it’s growing instead. For Trump, that’s probably more proof that his tariff-heavy, get-tough approach to China is the correct strategy. For economists, it’s not such a big deal. The U.S. economy is roaring, and roaring economies tend to import more.
    There’s another reason, too, why the trade balance is the wrong figure to focus on. It only captures one part of the greater economic relationship between the U.S. and China — and only as that relationship currently stands. Fixating on it distracts from what ultimately counts: U.S. corporate competitiveness and profitability."

    https://www.msn.com/en-us/money/markets/trade-deficit-with-china-shows-america’s-strength/ar-BBOZa5q?ocid=spartandhp
  7. Joined
    07 Dec '05
    Moves
    14732
    29 Oct '18 01:23
    @mott-the-hoople said
    the deficit is growing because the US economy is booming...

    "(Bloomberg Opinion) -- U.S. President Donald Trump has made closing America’s trade deficit with China a top priority. The problem is, it’s growing instead. For Trump, that’s probably more proof that his tariff-heavy, get-tough approach to China is the correct strategy. [b]For economists, it’s not such a ...[text shortened]... com/en-us/money/markets/trade-deficit-with-china-shows-america’s-strength/ar-BBOZa5q?ocid=spartandhp
    So trade deficits are good?
    Why the tariffs then?
  8. Joined
    05 Nov '06
    Moves
    81257
    29 Oct '18 01:401 edit
    @metal-brain said
    So trade deficits are good?
    Why the tariffs then?
    who said are good, other than you? I explained they are a result of a booming economy.
  9. Joined
    07 Dec '05
    Moves
    14732
    29 Oct '18 16:59
    @mott-the-hoople said
    who said are good, other than you? I explained they are a result of a booming economy.
    The economy is not really booming and even if it was what excuse is that for a continued increasing trade deficit when that is what Trump is trying to reduce?
    Tariffs are a tax on American consumers who buy certain imported goods. If that tax is high enough to make the imported product more expensive than a domestically made product the trade deficit is reduced. If that tax is still lower than the domestically made product the imports continue even though it cost more.

    The result: Higher cost without any reduction in the trade deficit. Just a tax scam without any benefit to our economy. In fact, it is a betrayal of the typical "lower taxes" motto of the right. Trump lowered income taxes while increasing taxes with tariffs. More policies that benefit the super wealthy elites.
  10. Subscriberno1marauder
    Humble and Kind
    In the Gazette
    Joined
    22 Jun '04
    Moves
    39949
    29 Oct '18 17:20
    @metal-brain said
    The economy is not really booming and even if it was what excuse is that for a continued increasing trade deficit when that is what Trump is trying to reduce?
    Tariffs are a tax on American consumers who buy certain imported goods. If that tax is high enough to make the imported product more expensive than a domestically made product the trade deficit is reduced. If that ...[text shortened]... come taxes while increasing taxes with tariffs. More policies that benefit the super wealthy elites.
    Because of Tariffs we will be able to start paying down large amounts of the $21 Trillion in debt that has been accumulated, much by the Obama Administration, while at the same time reducing taxes for our people. At minimum, we will make much better Trade Deals for our country!

    Donald Trump, August 5, 2018

    https://www.cnbc.com/2018/08/13/us-reaps-more-than-1point4-billion-from-steel-aluminum-tariffs-report.html
  11. Joined
    05 Nov '06
    Moves
    81257
    29 Oct '18 17:40
    @metal-brain said
    The economy is not really booming and even if it was what excuse is that for a continued increasing trade deficit when that is what Trump is trying to reduce?
    Tariffs are a tax on American consumers who buy certain imported goods. If that tax is high enough to make the imported product more expensive than a domestically made product the trade deficit is reduced. If that ...[text shortened]... come taxes while increasing taxes with tariffs. More policies that benefit the super wealthy elites.
    "The economy is not really booming" lol...are you serious?
  12. Joined
    07 Dec '05
    Moves
    14732
    30 Oct '18 07:58
    @mott-the-hoople said
    "The economy is not really booming" lol...are you serious?
    Are wages outpacing inflation yet? Nope.

    The economy is not booming. You are reading too much right wing bunk.
  13. Joined
    07 Dec '05
    Moves
    14732
    30 Oct '18 08:05
    @no1marauder said
    Because of Tariffs we will be able to start paying down large amounts of the $21 Trillion in debt that has been accumulated, much by the Obama Administration, while at the same time reducing taxes for our people. At minimum, we will make much better Trade Deals for our country!

    Donald Trump, August 5, 2018

    https://www.cnbc.com/2018/08/13/us-reaps-more-than-1point4-billion-from-steel-aluminum-tariffs-report.html
    The way he has increased spending I will believe it when I see it. He is investing too much in offense spending. Eventually that will be used to invade another country.
  14. Joined
    05 Nov '06
    Moves
    81257
    30 Oct '18 13:07
    @metal-brain said
    The way he has increased spending I will believe it when I see it. He is investing too much in offense spending. Eventually that will be used to invade another country.
    all the money Obama spent in 8 years...what have we got to show for it?
  15. SubscriberAThousandYoung
    iEn guardia, Ingles!
    tinyurl.com/y43jqfyd
    Joined
    23 Aug '04
    Moves
    24791
    30 Oct '18 21:06
    @mott-the-hoople said
    all the money Obama spent in 8 years...what have we got to show for it?
    Bin Laden is dead.

    The extremely popular ACA.

    Economy is fixed from the horrible condition GWB left it in.
Back to Top