McRocket
Gold Member
- Apr 4, 2018
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- #41
Who is claiming that the initial bailouts of the auto industry were under Obama? He wasn't even President. He put up the first 16 or 15B of the total $80B.The 10 cent tariffs against China didn't, on balance, result in consumer price inflation.I agree with you 100%!!!
It had to happen eventually.Burritos, and only if tariff's become permanent. So don't worry about it, no tariffs are permanent and a nickle is a small price to pay for securing the border.Chipotle had to raise the price of a taco by five cents
I'm sure the tariffs are going to affect more than Chipotle. But, we can pretend differently.
This nickle tariff is unlikely to either.
Are you serious?
How can 10% of only a part of about 2% of the entire economy going to send inflation skyrocketing?
The Real Reason American Jobs Are Going to China
Wait until the tariffs are FULLY in place and have been so for many months.
And I will ask you again:
The initial bailouts that 'saved' GM and Chrysler were under Bush?
True or False, please?
Obama used to brag about bailing out the auto industry, now he wants to pretend that was all Bush too?
As Obama Takes Victory Lap Over Auto Industry Rescue, Here Are ...
https://www.forbes.com/sites/.../obamas-takes-victory-lap-over-auto-industry-rescue/
Jan 20, 2016 - Free marketeers and free traders who like to stand on principle will never be convinced that the U.S. Treasury's bailout of the U.S. auto industry ...
You: 'Obama bailed out GM to avoid bankruptcy court, but GM wound up there anyway.'
You mentioned NOTHING of GWB who actually bailed out the two. Obama just agreed to buy the company...different ball game.
And I will ask you again:
The initial bailouts that 'saved' GM and Chrysler were under Bush?
True or False, please?
Bush announces $17.4 billion auto bailout