You’re quite amusing. I’m about 40 years beyond my teen years. I was on a long driving trip during the election, so I didn’t vote. But all the polls said Trump was going to win my state decisively, and he did. Just for the record, I’m a staunch Trump supporter. This tariff dispute at this time just looks like a set-up to me, by Obama holdovers. I’m not an economist but I have many years of business experience, including corporate finance experience, so I know how these capital spending decisions are made. And this trade dispute could easily delay some capital projects. I’ll take a look for some comments by economists and try to post some links.
Some "staunch supporter" you...NOT! And a lousy citizen to boot! I guess you never heard of an "ABSENTEE BALLOT".
I have NEVER missed voting; not EVER...not even when I was in college and out of state3rs could NOT vote in the state they went to college in, when they lived with their parents, during the rest of the year!
If you were such a *cough*, *cough" "staunch Trump supporter", then WHY were you NEVER on any of the TRUMP RALLY THREADS?
If you were such a *cough*, *cough*, *cough* "staunch Trump supporter" then just WHY don't you know that he talked about TARIFFS since the day he announced running?
Don't bother looking up what some "economists" have to say...look to what is going on RIGHT NOW with China, as well as to factual history!
So let me get this straight...1)you never paid much ( any? ) attention to what President Trump said prior to being elected 2) did NOT bother to vote for him ( to much trouble to be bothered with, for you ? ) 3) don't know any factual history regarding tariffs 4) don't bother to keep up with the news and so, have NO idea that China is beginning to cave, which is due to the whole tariffs bit. And I/anyone reading your posts, should take your word for it, that YOU understand economics, tariffs, and what it means for the midterm elections...WHY ?
No. you’re not. If you were, you would know Trump campaigned on precisely what he’s doing. You clearly didn’t pay attention to a single rally speech.
Protectionist, (Patriots) understand that a tariff will increase prices. We get it. WE WANT THAT. It's a one time inflation due to higher labor costs in the USA. Again, we understand the economists. We are not stupid. But the payoff from higher import tariffs comes in lowered social costs and higher quality products. We are willing to pay more for a strong viable industrial base. I WANT TO PAY MORE.
I am not so greedy as to destroy the USA industrial base, cause social havoc, lower GDP growth, in order to buy a cheaper poor quality Coolie made consumer goods. IT'S NOT WORTH IT AT ANY PRICE.
Final points: Adam Smith was an Utopian a$$hole. The 30 year globalist experiment in "Free Trade" is an abject failure. Why? because the rest of the of world did't play along and used us you idiot.
The motivation of the patriot will always be a mystery to the traitor.