Posted on 03/01/2018 12:19:46 PM PST by nickcarraway
Low prices. I swing for the fences. triple levered NUGT. Not for the weak stomached. Can make you lots. Can make you cry lots. Only money you can afford to gamble with.
“Rare earth metals” are not “rare.”
There is plenty more where those come from—we just need to identify them.
Globalist!!!
Unless this is very very very selective all it’s going to mean is that whatever that product is if made out of something being subjected to that tax.
It’s going to cost you more.
Plus the country affected will retaliate but putting taxes on stuff we send them and it will cost them more. Usually it hurts our Agri business. Creating inflation and slows down economic development.
Unfortunately, too many people ave forgotten that.
We mostly don’t need **** from anyone. Let the boys up in the head office throw their little **** fit. They’ll get over it.
:>)
I got it. A 25% drop under Obama is a slump. A 1.5% drop under Trump is a crash.
I hope nobody’s depending on these jamokes for financial info.
Congress has the power to impose taxes not a President unilaterally, this law allowing this is absurd.
And if the price of anything I buys goes up, I’ll be pissed off.
Taxes due not cause prosperity.
Obama imposed tariffs on Chinese tires and the left loved it.
I will consider any price rises to be the cost of freedom. Can you imagine the Chinese starting a war with us knowing we have no way to build our own ships, planes, missiles etc because we cannot produce our own steel, aluminum or electronics? I can. You can’t gear up those sorts of industries and skilled labor to run them overnight. Why do you think China is producing three times the world’s need of steel and selling it for no profit?
Think
I’m not preoccupied with thoughts of potential wars, I don’t think the Chinese are that stupid.
In any case there MUST be a better solution than screwing me in the wallet every time I buy a case of pop.
The democrats like this, clue one that it’s not a good thing.
And in any case, no tax should able to be levied without the consent of Congress. No matter what tax, which President, or what his reason is.
They are also steel manufacturing states with tens of thousands of steel workers. The manufacturers can but AMERICAN made steel and aluminum and avoid the tariffs entirely!
A friend of mine runs a small metal stamping plant. They make parts for big companies whose products you use every day. When Bush 43 stumbled into his ill-considered (and fortunately short-lived) steel tariff fiasco, my friend reported that his price for several specialty steels jumped to levels that exceeded the cost of finished parts imported from Mexico.
Kind of hard to compete when stupid federal political pandering jacks your raw materials cost above the level of competitors' finished products.
My friend's company wasn't big enough to be considered anything more than acceptable collateral damage by the imperial wreckers in Washington. But the automakers, heavy equipment makers and machine tools industries were getting hammered as well. And that's exactly what will happen again.
My stock MSB closed up over 12% yesterday. Iron ore miner.
By definition, U.S. “protective” tariffs force higher prices to the American consumer and lower our standard of living. “Protective” tariffs are a palliative, not a curative, measure appearing to address the problem but doesn’t.
Trump hits the nail on the head against our economic woes when he cuts regulations, taxes, and the size of government. He needs to work to nuke unconstitutional and business/job-killing federal minimum wage.
The cause of our economic woes is THE FEDERAL GOVERNMENT, not China or the Man in the Moon. Thus the cure should be aimed directly at the federal government and nowhere else in order to restore open and unhindered competition in the marketplace free from government interference. America WINS in the marketplace free from government interference.
Absolutely!!!
You know that American producers will raise their prices, right?
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