Page 19 of 28 FirstFirst ... 91718192021 ... LastLast
Results 181 to 190 of 276

Thread: So what do you folks think about the Dow Jones Index?

  1. #181
    Join Date
    Wednesday, October 2nd, 2013
    Last Online
    @
    Location
    Fort Worth, TX
    Posts
    13,385
    Post Thanks / Like
    Quote Originally Posted by Newman View Post

    I came across this essay this morning:

    Too confident? Trump faces a slew of foreign policy challenges all at once
    Andrew Malcolm.
    Emphasis added.
    Retaliatory Chinese tariffs on U.S. agricultural goods are hurting farmers, badly. Trump has allocated $12 billion to ease the economic pain of lost sales and may soon proffer more, using tariff money collected from China.


    Emphasis added
    People who treat other people as less than human must not be surprised when the bread they have cast on the waters comes floating back to them, poisoned.

    ~ James Baldwin

  2. #182
    Join Date
    Saturday, January 3rd, 2015
    Last Online
    Today @ 8:56 AM
    Posts
    11,098
    Post Thanks / Like
    Quote Originally Posted by Billy Jingo View Post
    Retaliatory Chinese tariffs on U.S. agricultural goods are hurting farmers, badly. Trump has allocated $12 billion to ease the economic pain of lost sales and may soon proffer more, using tariff money collected from China.


    Emphasis added
    So what? Our government always picks winners and losers.

    Mark
    Race Card: A tool of the intellectually weak and lazy when they cannot counter a logical argument or factual data.

    "Liberals have to stop insisting that the world is what they want it to be instead of the way it is." - Bill Maher

    Political correctness is ideological fascism. Itís the antithesis of freedom. Dr. Piper

    Gender is not a "Social Construct", it is an outgrowth of biological reality.

  3. #183
    Join Date
    Tuesday, October 22nd, 2013
    Last Online
    Today @ 10:39 AM
    Posts
    13,047
    Post Thanks / Like
    Tariffs are not collected from China. Tariffs are collected from importers and paid by their customers.

    On some great and glorious day the plain folks of the land will reach their heartís desire at last, and the White House will be adorned by a downright moron.
    -H. L. Mencken

  4. Likes scott liked this post
  5. #184
    Join Date
    Wednesday, October 2nd, 2013
    Last Online
    @
    Location
    Fort Worth, TX
    Posts
    13,385
    Post Thanks / Like
    Quote Originally Posted by Norm dePlume View Post
    Tariffs are not collected from China. Tariffs are collected from importers and paid by their customers.
    The tariffs, leveled at various nations and products, have been absorbed (not paid) by different entities in reality but they are paid by the importer of record.

    And no, China ain't paying jack shit.
    People who treat other people as less than human must not be surprised when the bread they have cast on the waters comes floating back to them, poisoned.

    ~ James Baldwin

  6. #185
    Join Date
    Friday, November 1st, 2013
    Last Online
    Today @ 11:58 AM
    Posts
    8,856
    Post Thanks / Like
    Quote Originally Posted by Billy Jingo View Post

    And no, China ain't paying jack shit.
    Oh for chrissakes. Did you get an economics degree from Boston University or something?

    Tariffs hurt the exporter and protect (subsidize) local producers.

    Tariffs are imposed and raise the cost of the item to the consumer. Consequently the goods are less competitive and sell less, as consumers choose other manufacturers. Selling fewer goods hurts the Chinese.

    Consider a country that puts a 100% tariff on cars we make and export to them. That doubles the price of our cars to their consumers, and gives them a good incentive to choose locally made cars. We sell fewer cars.

    Tariffs are used to protect local producers ("protectionism"). They are commonly used to allow local industries to mature and become competitive, which is why Democrats claiming to represent union workers and such, generally support them.

    And yes, they raise prices in general to the consumer, which is why conservatives and "globalists" generally oppose them. Including me.

    But I'm not joining the Chicken Little crowd because we're pushing to revise China's trade and piracy habits.

    Habits which even Norm says need to stop.

    Unfortunately, they won't stop without some hard-headed negotiating, and this is what it looks like.
    "We have to stop demonizing people and realize the biggest terror threat in this country is white men, most of them radicalized to the right, and we have to start doing something about them." óCNN's Don Lemon, showing how to stop demonizing people.

  7. Likes scott liked this post
  8. #186
    Join Date
    Tuesday, October 22nd, 2013
    Last Online
    Today @ 10:39 AM
    Posts
    13,047
    Post Thanks / Like
    Quote Originally Posted by Newman View Post
    Habits which even Norm says need to stop.
    You are incredibly dense.

    On some great and glorious day the plain folks of the land will reach their heartís desire at last, and the White House will be adorned by a downright moron.
    -H. L. Mencken

  9. #187
    Join Date
    Friday, November 1st, 2013
    Last Online
    Today @ 11:58 AM
    Posts
    8,856
    Post Thanks / Like
    Another alternative: We impose a 50% tariff on Chinese goods. China may choose to subsidize their producers such that their cost to us would be 50% less, and so would appear unchanged even with the tariff.

    It's a temporary dodge at best, and violates other agreements, but they might try it if they think time is on their side.
    "We have to stop demonizing people and realize the biggest terror threat in this country is white men, most of them radicalized to the right, and we have to start doing something about them." óCNN's Don Lemon, showing how to stop demonizing people.

  10. #188
    Join Date
    Tuesday, October 22nd, 2013
    Last Online
    Today @ 10:39 AM
    Posts
    13,047
    Post Thanks / Like
    And Mexico's gonna pay for it.

    That was sarcasm, Newman.

    On some great and glorious day the plain folks of the land will reach their heartís desire at last, and the White House will be adorned by a downright moron.
    -H. L. Mencken

  11. #189
    Join Date
    Friday, November 1st, 2013
    Last Online
    Today @ 11:58 AM
    Posts
    8,856
    Post Thanks / Like
    Quote Originally Posted by Norm dePlume View Post
    Quote Originally Posted by Newman
    Habits which even Norm says need to stop.
    You are incredibly dense.
    Quote Originally Posted by Norm dePlume View Post
    Quote Originally Posted by 80zephyr
    China was taking advantage of us. Its time it stopped. I say again, they need us a hell of a lot more than we need them.
    Quote Originally Posted by 80zephyr
    Do we need China to fold? No. We could actually go on without them. Can't get better than that, Norm.
    It's time they stopped, but we don't need them to fold.
    Get back under your bridge, Norm.
    "We have to stop demonizing people and realize the biggest terror threat in this country is white men, most of them radicalized to the right, and we have to start doing something about them." óCNN's Don Lemon, showing how to stop demonizing people.

  12. #190
    Join Date
    Wednesday, October 2nd, 2013
    Last Online
    @
    Location
    Fort Worth, TX
    Posts
    13,385
    Post Thanks / Like
    Quote Originally Posted by Newman View Post
    Oh for chrissakes. Did you get an economics degree from Boston University or something?

    Tariffs hurt the exporter and protect (subsidize) local producers.

    Tariffs are imposed and raise the cost of the item to the consumer. Consequently the goods are less competitive and sell less, as consumers choose other manufacturers. Selling fewer goods hurts the Chinese.

    Consider a country that puts a 100% tariff on cars we make and export to them. That doubles the price of our cars to their consumers, and gives them a good incentive to choose locally made cars. We sell fewer cars.

    Tariffs are used to protect local producers ("protectionism"). They are commonly used to allow local industries to mature and become competitive, which is why Democrats claiming to represent union workers and such, generally support them.

    And yes, they raise prices in general to the consumer, which is why conservatives and "globalists" generally oppose them. Including me.

    But I'm not joining the Chicken Little crowd because we're pushing to revise China's trade and piracy habits.

    Habits which even Norm says need to stop.

    Unfortunately, they won't stop without some hard-headed negotiating, and this is what it looks like.
    Yeah.

    China ainít paying jack shit.
    People who treat other people as less than human must not be surprised when the bread they have cast on the waters comes floating back to them, poisoned.

    ~ James Baldwin

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •