- Sep 13, 2002
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Tariff policy is working
- Thread starter 1inamillion
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Google search ??????
Alphabet
Total contribution: $21 millionTop recipients: Joe Biden, Democrat super PACs
Google’s parent company Alphabet is one of the largest corporate donors during the 2020 election cycle. The company’s employees and PACs have contributed a total of $21 million to presidential and congressional candidates since 2019.
Nearly 80 percent of the funds went to Democrats, while just 7 percent went to Republicans.
Big Tech and CEOs Poured Millions Into The Election. Here’s Who They Supported
After years of cordial but largely distant relations between Washington, DC and the tech industry, controversial business tactics, accusations of bias, and activism during the Black Lives Matter mo…
observer.com
Weak men? Trump is weak. He's a bully. Bullies are insecure and weak.We need more posts like this. Pure objective reality. Between 1945-1970, the USA was in a position to be generous, but we were never in a position to "save the world" by writing checks to everyone with their hand out. When WW2 ended we told 2 nations they couldn't rebuild their military, so we would blanket them with ours. Those 2 turned into 100 over time. This paradigm was a cold war reality. It wasn't sustainable over a vast time period, as the ever-growing spending and trade deficits testified.
When the USSR collapsed over 30 years ago our foreign policy changed from "contain communism" to "save the world from itself".
1) No single nation will ever have that type of wealth or power
2) No single nation should have that type of wealth or power
Almost every nation on earth looks out for its own interests. The USA stopped doing that many decades ago. One of the glaring examples of that was when the Clinton administration decided to save NORTH Korea from starvation. Clinton probably thought they would be grateful, instead they viewed the USA as chumps and channeled their efforts into creating nuclear weapons to bully us. That anecdote helps prove Hexum correct. We don't have allies, we have dependents. This is the history of empires.
Bill Clinton Once Struck a Nuclear Deal With North Korea | HISTORY
It was forged against all odds—but couldn’t survive the heat of public disapproval.www.history.com
- Sep 13, 2002
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How Trump is trying to play this was spelled out very well in the Bulwark today.
Likely can be somewhat effective short-term. Absolutely disastrous and dumb long-term:
There is some question about whether or not, over time, this mode of operation creates deleterious economic effects. Yesterday on the pod Scott Lincicome argued that it will: If we keep shaking down your allies over nonsense, then eventually they’re going to put some economic distance between themselves and America. Which create inefficiency, which leads to less dynamism.
I agree that this is how things should work.
But what if they don’t? What if markets aren’t fundamentally rational? Or rather, what if markets are so rational that they are capable of pricing in systemic irrationality?
I know how that sounds. So take a walk with me.
Likely can be somewhat effective short-term. Absolutely disastrous and dumb long-term:
- Trump declares some emergency.
- Trump proposes a dangerous “solution” to said emergency.
- Everyone freaks out.
- At the last minute Trump announces that his powerful negotiating skills have solved the emergency and won a great victory for America without needing to impose the dangerous solution.
- The status quo remains stable.
- Repeat.
There is some question about whether or not, over time, this mode of operation creates deleterious economic effects. Yesterday on the pod Scott Lincicome argued that it will: If we keep shaking down your allies over nonsense, then eventually they’re going to put some economic distance between themselves and America. Which create inefficiency, which leads to less dynamism.
I agree that this is how things should work.
But what if they don’t? What if markets aren’t fundamentally rational? Or rather, what if markets are so rational that they are capable of pricing in systemic irrationality?
I know how that sounds. So take a walk with me.
2. Trump Being TrumpIn a rational world, markets would see Trump’s mode of operation and deduce that, in the long run, it will hurt economic growth.But markets don’t really care about the long run. They care about today and, to a lesser extent, tomorrow. “Next quarter” is about as far as they can see into the future. Which means that if Lincicome is right that, in the long term, our allies will pull back and this results in slower growth, then the economic reality may downshift. But that sort of change is boiling-frog-in-pot stuff. The markets won’t “see” it because it happens on too long a time horizon. So that’s the “markets aren’t fundamentally rational” view. There is a real thing happening in the world that is bad for economic growth, but it’s on a frequency the financial markets don’t respond to on a daily basis. But maybe the markets are so rational that they’re actually factoring in Trump’s irrationality? Whatever guys like Musk and Zuckerberg say today, the markets thought the Biden administration was fantastic. Historic levels of growth. Everyone on Wall Street got fat and happy from 2021 to 2024. Good times. But what would have happened if, on January 30, 2023, Biden had wandered out to a podium and declared that in three days he was going to put a 25 percent tariff on everything from Canada and Mexico? I suspect the markets would have crashed. It would have been a crazy thing for Biden to say. No one would know what was going on. Maybe Biden was really going to do the tariffs? Maybe Biden had lost his mind and we were headed for the Twenty-fifth Amendment? But when Trump does the same thing the markets yawn. Because they believe he isn’t serious. They have priced in Trump’s systemic irrationality. At this point I raise a practical question: What if Trump’s mode of irrational operation is the optimal strategy for this era of American politics? As we saw yesterday, the markets don’t mind it. Our allies don’t seem to mind it, either. After all, if Mexico or Canada really objected to be used as kayfabe punching bags, then they’d refuse to play along. But they don’t refuse. They “negotiate” and then pretend that they gave away something that was already happening. They help Trump save face and claim victory. I’m sure they’d prefer not to deal with Trump’s nonsense. But not enough to call his bluff. Perhaps that’s because they know that the markets in their countries have also priced in Trump’s systemic irrationality and won’t punish them for pretending to have bowed to American economic interests. But most importantly, American voters don’t mind. If anything, they seem to be getting a taste for this sort of thing. They like Trump’s “strength.” It makes a certain kind of sense, though. Fixing real problems is hard. It’s a long, complicated process. It needs the buy-in of opposing stakeholders. It requires compromise. Sometimes, at the end of the process, the deal falls apart. When the problems are imaginary, the president can just “solve” them. Like magic. Which seems to be precisely what Americans want right now. |
How do you say you know about AI without saying it? Generative AI has flaws as humans create the language models. It must stink to be so dumb that you read that article and thought it proved biased. In short, you're a ****tard,Google search ??????
Alphabet
Total contribution: $21 million
Top recipients: Joe Biden, Democrat super PACs
Google’s parent company Alphabet is one of the largest corporate donors during the 2020 election cycle. The company’s employees and PACs have contributed a total of $21 million to presidential and congressional candidates since 2019.
Nearly 80 percent of the funds went to Democrats, while just 7 percent went to Republicans.
tarBig Tech and CEOs Poured Millions Into The Election. Here’s Who They Supported
After years of cordial but largely distant relations between Washington, DC and the tech industry, controversial business tactics, accusations of bias, and activism during the Black Lives Matter mo…
No one has done that since the 1800s. Good lord, you're stupid.Did he try and assassinate his opponent?
This is for you ...
You also don't know what the word irony means. There's nothing ironic about what I said. It's a coincidence.
He didn't even see the word alphabet and read what came next.
The red hats refuse to accept this because their god tells them differently.
No, we get what you’re trying to say…what we’re arguing is that that we could have STARTED with negotiations…especially with Canada who is a longtime friend and ally. Going straight to tariffs seemed heavy handed at best.
Not for nothing, cuz I think we’ve all said it over the past few years….its WAY too easy for POTUS, regardless of party,to declare something a national emergency because doing so gives them additional powers they don’t otherwise have normally.
What happened those first 3 years of the Biden presidency? It's amazing what even Democrats will do in an election year. Look how many times Kamala changed her mind on policies from 2020 to look like more of a centrist when everyone knows she's as left they come.
I guess that's your way of saying you were owned. You claimed erroneously that Biden tried to assassinate Trump. That's idiotic.
unsober knows the truth ... Obiden's agencies were reporting a false reality and the media was his wingman.
All you have to do is remember that both Biden and Kameltoe said the border was secure every time they were asked about it.
That was a lie and even their own media admitted it AFTER THEY LOST THE ELECTION.
Show me where I defended their overall stances on immigration. I am pointing out that over the past year, we did see a substantial decline there…which is already being credited to Trump by some here.
As someone who negotiates for a living, You are spot on.
I am often amused by customers who think messing with me will work out in their favor. The best deals are gained by those who work together. When it's two long-time friends you've messed with you're just making them distrust you.
He declared bankruptcy four times. The fourth time he would have been sunk but the banks gave him a reprieve as that was the only way they'd get back any money.
BTW you have to be a colossal moron to bankrupt a casino.
He's POTUS and you're an incel.
I'll let the normals decide who is smarter.
Personally I'd start with negotiation and if that didn't work I'd use tariffs or other measures to encourage cooperation. I wouldn't start imposing punishment unless we couldn't come to an agreement.
Absolutely. And where I live, it’s a meth problem that is being ignored. The red Southern states need to rid us of the redneck meth addicts, as well as well the heroin addicts.
But desantis and Ivey are two of the biggest deflectors. They don’t even acknowledge the meth labs in their own states.
- Sep 13, 2002
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That's ridiculous.
Think of it the same way you would child-rearing.
Random, unannounced beatings until behavior improves!
Got it. Your side has done nothing but try and divide Americans and empower the Soros' of the world.
What if there was no need for the "bad cop" and all that was achieved by the aggressiveness is less trust from our allies?
We don't have allies, we have dependents who LARP as allies.
They've come to our aid many times. Isolationism doesn't work out well in the end.
MAGAs are awesome when they've been owned. My IQ is likely higher than yours.
Anyone else notice that after November 5th no one on this board admitted to voting for Biden/Harris?
This thread deserves a million bumps, knowing it pains the slavery party and its devotees.
This thread deserves a million bumps, knowing it pains the slavery party and its devotees.
I'm willing to bet everyone that voted for Clinton/Biden/Harris gets prouder everyday especially with this current shit show! I know I am.
This 100%. Trump himself pointed out the trade issue with Canada and he wanted it resolved. I am glad he is addressing it...because it is Bullsh!t.
Canada Tariffs on US Ag.
- Dairy, Poultry, and Eggs: Canada has supply management policies that impose high tariffs on U.S. dairy, poultry, and eggs to protect domestic producers. For example, tariffs on U.S. dairy can exceed 200% in some cases.
The BEAUTY.
Reagan had to undue the damage of CommieCarter. It was difficult. Lot's of painful medicine. The first 2 years were hell. But after that, success in 84 and 88.
Trump is on track to boost the republicans to victory in 2028 and 2032.
Now if that means Vance wins in those cycles, the normals and patriots will have undone much of the destruction from the Deathocrats.
Of course it would take 100 years at least to undue all their damage ... but it's a start.
Reagan had to undue the damage of CommieCarter. It was difficult. Lot's of painful medicine. The first 2 years were hell. But after that, success in 84 and 88.
Trump is on track to boost the republicans to victory in 2028 and 2032.
Now if that means Vance wins in those cycles, the normals and patriots will have undone much of the destruction from the Deathocrats.
Of course it would take 100 years at least to undue all their damage ... but it's a start.
This is the first acceptable post from you since I was on Jon Miller's website.
Did something happen recently in your life??
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