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Post by jdd2 on Mar 2, 2018 10:01:05 GMT -5
Let's see how that works out.
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Post by theevan on Mar 2, 2018 10:36:04 GMT -5
No.
Bad move, unions notwithstanding.
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Post by RickW on Mar 2, 2018 10:49:45 GMT -5
The chaos meister is losing his shit. What a week. If he did actually throw this out there, without having any plan as to how to implement it, in order to distract everyone from the rest of his woes, the man is a .... I don’t know, how to describe it. If he did just suddenly decide to throw this out there, because he thinks it’s a good thing, with no plan, no backing information, no discussion with anyone affected.... then he’s just a .... (fill in the blanks.)
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Post by Marshall on Mar 2, 2018 11:03:51 GMT -5
No. This is something he campaigned on. He's been consistent. Probably the only politician that actually follows through on what he says.
I'm not saying it's good or bad. And I certainly don't like the guy. But he said he was going to do this. And he's doing it. We'll see what happens. But I doubt it'll be as big of a deal as all the blustering is about.
And Unions used to be the core of the Democrats. They (the CLintons) fumbled that ball. Trump picked it up and ran the other way with it. Got him a touchdown. He's just doing a Lambeau Leap for his constituents.
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Post by Marshall on Mar 2, 2018 11:05:43 GMT -5
I'm more interested in his recent assault weapons talk. He seems to be stuffing it down some republican throats. We'll see if this materializes into anything.
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Post by aquaduct on Mar 2, 2018 11:20:46 GMT -5
Well, given the last decade's economy has sucked so bad, I'm willing to give him the benefit of the doubt.
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Post by fauxmaha on Mar 2, 2018 12:07:36 GMT -5
Two thoughts:
First, tariffs are stupid.
Second, what's really stupid is having a bunch of old laws on the books that allow Presidents to unilaterally impose tariffs. One of many reasons I'd like to see a Constitutional amendment that every law automatically expire after ten years unless re-authorized by House and Senate super-majorities and re-signed by the President.
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Post by Chesapeake on Mar 2, 2018 13:56:38 GMT -5
Threats of retaliation are coming in from the four corners of the Earth. Now the EU guy says they'll retaliate with tariffs on American-made bluejeans and bourbon. The Down Jones goes off a cliff. (Btw, The Guardian says one of Trump's confidants dumped $31M in stocks a few days before the announcement.) U.S. ambassadors to China and Mexico resigning for various reasons. Chaos among the White House staff, if multiple sources are to be believed.
How much damage can this guy do to America before he's impeached or voted out of office? He's like a four-year-old with a tommygun.
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Post by brucemacneill on Mar 2, 2018 14:09:08 GMT -5
Threats of retaliation are coming in from the four corners of the Earth. Now the EU guy says they'll retaliate with tariffs on American-made bluejeans and bourbon. The Down Jones goes off a cliff. (Btw, The Guardian says one of Trump's confidants dumped $31M in stocks a few days before the announcement.) U.S. ambassadors to China and Mexico resigning for various reasons. Chaos among the White House staff, if multiple sources are to be believed. How much damage can this guy do to America before he's impeached or voted out of office? He's like a four-year-old with a tommygun. Well, I guess he's not French. He hasn't surrendered yet. One always goes into a negotiation, in business anyway, demanding at least twice what he hopes to get. Diplomats never understood that.
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Post by dradtke on Mar 2, 2018 14:36:47 GMT -5
Well, I guess he's not French. He hasn't surrendered yet. Sorry, Bruce, but you must not have gotten the memo. We don't disparage the French military anymore. Trump visited France, and his only take-away was what a great military they had and a really impressive parade. Now he wants one here. We love the French military. I know it's hard to keep up, but you gotta try.
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Post by epaul on Mar 2, 2018 15:12:46 GMT -5
Threats of retaliation... Now the EU guy says they'll retaliate with tariffs on American-made bluejeans and bourbon. The Down Jones goes off a cliff. Commenting on this and only this, if this is the EU retaliation for protecting domestic steel and aluminum production, well, bring it on. This would be like being slapped with a soft, downy feather. The only American-made bluejeans sold, the very few American-made bluejeans sold, aren't sold on a "cost per pants" basis. They are ridiculously priced status items that are sold to people who don't care what they cost. It is the same with exported American bourbon. There might be hundreds and hundreds of American exports that will be hurt by retaliatory actions to Trump's tariffs, but American-made bluejeans and bourbon won't be affected by a 25% price hike anywhere. If money matters, people buy Vietnamese and Cambodian made blue jeans and domestic whiskeys. American bluejeans and American bourbon are purchased overseas for status, not economy. Again, this comment has a very narrow scope. It just struck as a ridiculous threat to utter.
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Post by theevan on Mar 2, 2018 16:18:21 GMT -5
Two thoughts: First, tariffs are stupid. Second, what's really stupid is having a bunch of old laws on the books that allow Presidents to unilaterally impose tariffs. One of many reasons I'd like to see a Constitutional amendment that every law automatically expire after ten years unless re-authorized by House and Senate super-majorities and re-signed by the President. That really is the big point. The executive branch is so far out of control it boggles the mind.
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Post by james on Mar 2, 2018 16:20:39 GMT -5
I think that the EU bloke may have just rattled off three famously American things, Harley Davidson, Levis jeans and Bourbon whiskey without a great deal of thought. Who knows how this could escalate.
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Post by brucemacneill on Mar 2, 2018 17:16:11 GMT -5
I think that the EU bloke may have just rattled off three famously American things, Harley Davidson, Levis jeans and Bourbon whiskey without a great deal of thought. Who knows how this could escalate. I just hope we don't put a tariff on Scotch.
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Post by Cornflake on Mar 2, 2018 17:25:46 GMT -5
I'm not a particular fan of the global economy and I wouldn't mind seeing appropriate steps taken to preserve American jobs and industries. I have doubts as to whether this is an appropriate step. It won't redirect investment to domestic steel companies unless there's confidence that this policy will endure, which I doubt that there is. Unless I'm missing something (which is always a possibility) it could well boost prices and fuel inflation without achieving much in the way of offsetting benefits.
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Post by Marshall on Mar 2, 2018 17:46:33 GMT -5
Two thoughts: First, tariffs are stupid. Second, what's really stupid is having a bunch of old laws on the books that allow Presidents to unilaterally impose tariffs. One of many reasons I'd like to see a Constitutional amendment that every law automatically expire after ten years unless re-authorized by House and Senate super-majorities and re-signed by the President. That really is the big point. The executive branch is so far out of control it boggles the mind. Like the legislative branch is in control.
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Post by Cosmic Wonder on Mar 2, 2018 19:50:48 GMT -5
Well, I heard an analysis About this on the radio today. It broke down like this.
Winners, American steel and aluminum production. And their factories and workers.
Losers, all the companies that buy that steel and aluminum to make their widgets.
Oh and the ratio of steel and aluminum workers to the workers who make the widgets with that steel and aluminum? 1 to 80. So to help the 1 steel worker, this policy will hurt the 80 widget workers.
So much winning.
Mike
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Post by theevan on Mar 2, 2018 20:39:36 GMT -5
Well, I heard an analysis About this on the radio today. It broke down like this. Winners, American steel and aluminum production. And their factories and workers. Losers, all the companies that buy that steel and aluminum to make their widgets. Oh and the ratio of steel and aluminum workers to the workers who make the widgets with that steel and aluminum? 1 to 80. So to help the 1 steel worker, this policy will hurt the 80 widget workers. So much winning. Mike And hurt all the people who, in the end, buy stuff made out of their aluminum & steel.
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Post by Phil N. Theblank on Mar 2, 2018 22:14:38 GMT -5
Threats of retaliation are coming in from the four corners of the Earth. Now the EU guy says they'll retaliate with tariffs on American-made bluejeans and bourbon. The Down Jones goes off a cliff. (Btw, The Guardian says one of Trump's confidants dumped $31M in stocks a few days before the announcement.) U.S. ambassadors to China and Mexico resigning for various reasons. Chaos among the White House staff, if multiple sources are to be believed. Follow the money. Even if he flip-flops on this, somebody cashed in with a little help from insider trading.
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Post by aquaduct on Mar 2, 2018 22:35:42 GMT -5
Just a hypothetical. Anyone here ever have any actual experience working directly in either a metal mining or processing business or a manufacturing business that involves substantial use of steel, iron, aluminium or any other type of metal? Bonus points will be awarded if you actually have some technical understanding of metals.
I'm just curious if anyone other than me has first hand knowledge that can speak to the issue.
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