Cthepack said:
IseWolf22 said:
caryking said:
hokiewolf said:
I guess a lot of people here now like common core math because the math on these tariffs is so made up that it's impossible to believe that smart people think it works.
When you have to lie to get you point across, you aren't standing on solid policy ground. The last administration lied about the inflation reduction act. I guess we're all cool with that spending now.
Hokie, you're not this simple minded...
As every person in this Admin has said, we will need a new Tax and regulation system to allow for this to work. Please don't be so myopic...
Good thing we have competent professionals making a detailed implementation plan to transition us.
Oh no we're actually just gonna ask chatgpt what to Tariff and wave our hands that everything will work out while every economist says we're full of crap
You can not be so one dimensional to not see that the numbers are only there to start negotiations, right?
What negotiation? Trump wants to do this because he has had a dumb idea that trade between countries is a zero sum outcome. It's not!
They made up their reciprocal tariff formula that makes zero sense, and tried to pass it off as some sort of complicated calculation, which is a lie. Then on their tariff chart, they put up there an uninhabited island that has a great number of seals and penguins, who somehow are imposing tariffs on imported US goods. The tariff rate is the same for Brazil and Singapore, two countries that are on the opposite ends of the scale with respect to free trade. And a 17% tariff remains on Israel even though they reduced their tariffs to zero.
ITS MAGIC BEANSAll we are going to get is a huge consumption tax increase on goods and services, and a trade war, which has already started with China.
Now, we're celebrating "new" foreign investment in the US manufacturing sector (I say new, because most of it isn't, but hey, we lie about everything else) while penalizing actual US companies and we are high fiving each other!
We have violated every single trade agreement, even ones negotiated by the greatest negotiator in the history of the universe, and pissed off every single one of our allies.
We are penalizing Vietnam for having a trade deficit that
WE created by encouraging other countries to divest manufacturing from China and move it to Vietnam.
And none of you can answer any of the why basic economic questions that I've asked over and over, hoping for an answer, but you can't. You want the entire country to be Michigan, where regulation and protectionism drove the auto industry
INTO THE GROUND. So now that they've moved to better places in the US with out those regulations and protectionism, you want to penalize these companies for that. Incredible.
All this is going to do is slow the economy down and reduce competition which will drive up costs. We are turning the entire economy into one giant Jones Act.
I give Cary credit, at least he explains his reasoning, which I disagree with, but at least he has an ethos. The rest of you can't explain your way out of a paper bag so you just resort to insults and "its TDS". No its not TDS for me, I would love for this to work, but the US economy isn't the 1880s anymore.
So, I think I have a good case to be myopic.
Originator of the Tony Adams Scale
