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Everything posted by placeholder
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I guess "campaign management tactics" is a another way of saying "lying" or "making empty promises".
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The Bizarre Source of POTUS' Tariff Obsession
placeholder replied to Walker88's topic in Political Soapbox
Here's a link for that to the original article exposing Navarro's dishonesty. Trump's China Muse Has an Imaginary Friend Who is Ron Vara https://archive.ph/f0fS5 -
I guess it depends on the inflation rate vs. the devaluation rate of the dollar. Higher inflation increases COLA. By itself that could be a good thing. But, of course, that depends on the value of the dollar. If its decline in value decreases more than inflation raises the total number of dollar a recipient receives, then it's a problem. But it depends on a country by country basis. For instance, right now, despite the general decline of the dollar, it's gotten stronger in relation to the baht. Whether that lasts, who can say?
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In the first 2 years, there was actually deflation. Remember that those were the years of the Great Recession?. In 2015 it was 0.1%
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Because the takeaway from the info posted by bannork requires explanation?
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Generally, when a country like the USA imposes tariffs, the effect is to raise the value of its currency. At least, in the short term. That's because tariffs make it more expensive for exporters in other countries to get hold of of dollars. The effect may even be magnified a bit in the case of the US because of its status as the world's reserve currency. So, if despite, that, its value goes down, that is significant.
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I address what you say in this forum. I don't speculate about your personal life or make personal comments about you. This is an open forum. Anyone's comments are fair game. If I do respond with what you call an insult, it would be about the substance, or lack thereof, of your comments, not about you. As for emojis, I very, very rarely bother with them. I'm not even sure how someone could "drop the dime" on me since they don't come with an information about who posted them. Stop making things up. You've got nothing.
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There's a really good discussion of this here https://archive.ph/qt7rj Instead of invoking the Trade Act, which specifically authorizes the President to impose tariffs, Trump invoked the International Emergency Economic Powers Act which makes no mention of tariffs. Now, under the doctrine invented by the conservatives on the Supreme court, called the Major Questions doctrine, since the Congress didn't specifically authorize tariffs to be deployed by the President in this law, his tariffs should be disqualified. (It was this doctrine that the conservatives on the Supreme court used to shoot down Biden's student loan forgiveness) For what it's worth, I'm inclined to believe that they will shoot this down in order to protect Trump from the political consequences of these tariffs.
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Definitely, as these GDP graphs show, the USA was following the path of the UK https://www.google.com/search?client=firefox-b-d&q=gdp+in+uk https://www.google.com/search?client=firefox-b-d&q=gdp+in+usa
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Did Trump state the same thing while campaigning? I did a search and I couldn't find anything. There are some quotes from Musk who made such comments towards the end of the campaign. Maybe somewhere there can be found such an assertion by Trump. But, if so, they are very, very scarce.
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Like these 2 irrational anti-Trumpers? President Donald Trump on Thursday contradicted his top aides on the purpose of his sprawling new global tariff regime, adding to the uncertainty over the trade war that has sent markets reeling.Earlier in the day, top Trump aide Peter Navarro and Commerce Secretary Howard Lutnick said the president was not looking to strike deals over the tariffs. “This is not a negotiation,” Navarro told CNBC. https://archive.ph/TZsIx#selection-287.0-287.68
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I wasn't aware that Democrats wanted the government to take control of production away from capitalists and turn it over to workers. Got a link to info that supports your characterization? Or is this just an instance of you spewing reflexively?
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Yes. This was definitely a huge move on the part of Israel...not. "Israel and the U.S. signed a free trade agreement 40 years ago and around 98% of goods from the United States are now tax-free. The finance ministry noted that tariff collection from U.S. imports - mainly in the agricultural sector - stands at about 42 million shekels ($11.3 million) a year." https://archive.ph/tE4fh
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Sir Timothy John Berners-Lee (born 8 June 1955),[1] also known as TimBL, is an English computer scientist best known as the inventor of the World Wide Web, the HTML markup language, the URL system, and HTTP. He is a professorial research fellow at the University of Oxford[2] and a professor emeritus at the Massachusetts Institute of Technology (MIT).[3][4] https://en.m.wikipedia.org/wiki/Tim_Berners-Lee