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How to Pay for the COVID-19 Economic Loss (There is an easy way to do this)

Posted on 03/21/2020 5:22:59 AM PDT by Red in Blue PA

With China covering up Covid-19 and not getting the word out to the world, they should pay a long-term price for destroying economies and lives.

President Trump should get together with other nations hit hard by this virus (European countries, Japan etc) and have all agree to slap a 50% tax on everything exported from China. That tariff will pay for the bonds issued to jump start the economies.

China needs to pay for what they have done this time and cannot be given a pass. This was 100% preventable but China CHOSE not to do so.


TOPICS: Business/Economy
KEYWORDS: china; coronavirus; covid19
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To: Brian Griffin

Oh I think we can. Bring those, and other manufacturing back to the USA.


21 posted on 03/21/2020 6:30:28 AM PDT by ealgeone
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To: Red in Blue PA
China is the Communist Party and the Party owns most things.

They are going to need to make good on the damage they have caused the world by intentionally inflicting the virus on the rest of the world.

China government entities holds a huge fraction of our National Debt. The costs of this fiasco should be offset against national debt to China

22 posted on 03/21/2020 6:31:47 AM PDT by rdcbn ( Referentiail)
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To: Red in Blue PA

40% tariffs on all things China forever. Helps pay for this plus all their intellectual property thievery.


23 posted on 03/21/2020 6:32:03 AM PDT by Pollard (If you don't understand what I typed, you haven't read the classics.)
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To: Red in Blue PA
Everything in it's proper time...I will wager there will be hell to pay for China once all is said and done.

President Trump tweaked their nipples with the trade deals and is readying the "Chinese Ball Vise".

Would not be wise to start in on them now with the whole world heading down the panic tubes.

24 posted on 03/21/2020 6:41:59 AM PDT by trebb (Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
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To: Aevery_Freeman
Go pound rice!

That's totally ricist.

25 posted on 03/21/2020 7:09:53 AM PDT by tinyowl
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To: tinyowl

LOL!


26 posted on 03/21/2020 7:12:46 AM PDT by Aevery_Freeman (So, Wuhan China had a Bio-weapons Lab...who knew?)
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To: Aevery_Freeman

Yup...
You nailed it, Aevery_Freeman.


27 posted on 03/21/2020 7:13:49 AM PDT by PubliusMM (RKBA; a matter of fact, not opinion. Mr Trump, we've got your six.)
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To: Red in Blue PA

Get stock for bailing out companies. When the market rebounds, sell it. Would dilute the value of existing shares, but they wouldn’t drop to zero. Probably simplistic, but maybe a good direction.


28 posted on 03/21/2020 7:55:34 AM PDT by The Truth Will Make You Free
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...

29 posted on 03/21/2020 8:19:40 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Red in Blue PA

China claiming that we really gave them the virus in September gives them the moral foundation for seizing any American property in their country, including orders we paid for but they don’t want to ship.


30 posted on 03/21/2020 9:19:25 AM PDT by tbw2
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To: dp0622

China claiming that we really gave them the virus in September gives them the moral foundation for seizing any American property in their country, including orders we paid for but they don’t want to ship.


31 posted on 03/21/2020 9:19:35 AM PDT by tbw2
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To: Red in Blue PA

This is great way to start a shooting war ala Imperial Japan.


32 posted on 03/21/2020 9:36:54 AM PDT by Boiler Plate ("Why be difficult, when with just a little more work, you can be impossible" Mom)
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To: tbw2

So!? Withdrawal is initially difficult, but will be fine in the long run!! Something that should never have occurred to begin with!


33 posted on 03/21/2020 9:37:07 AM PDT by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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To: Boiler Plate

So your solution is to let China get away with this too because you are scared of them.

Got it.


34 posted on 03/21/2020 10:28:04 AM PDT by Red in Blue PA (Fascism and socialism are cousins. They both disarm their citizens.)
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To: ealgeone

It’s been said that we can’t compete on wages and government regulations on manufacturing start-ups, etc.

Whether or not that’s the case, there are plenty of other countries in Asia and elsewhere that can make things and also are not China.

Anybody but China.


35 posted on 03/21/2020 12:03:45 PM PDT by NorthWoody (A vote is like a rifle: its usefulness depends upon the character of the user. - Theodore Roosevelt)
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To: Red in Blue PA

So your idea is to start a war to prove a point?


36 posted on 03/21/2020 4:43:46 PM PDT by Boiler Plate ("Why be difficult, when with just a little more work, you can be impossible" Mom)
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