Steel and Aluminum: Economics or Politics

Discussion in 'Politics' started by Wry Catcher, Mar 8, 2018.

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Do you support the imposition of Tariffs

  1. Yes, it will create jobs

    6 vote(s)
    50.0%
  2. No, it will create a tariff war

    2 vote(s)
    16.7%
  3. No, it will create jobs in one sector, or force layoffs in other sectors of our economy

    4 vote(s)
    33.3%
  1. edthecynic
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    edthecynic Censored for Cynicism

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    All that means is the EU is STUPID. Why do you want to be STUPID too?????
     
  2. edthecynic
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    edthecynic Censored for Cynicism

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    Tariffs are BAD for EVERYONE!!!
    No tariff is good for anyone!!!

    Trumpists need to STUDY the Law of Comparative Advantage and they will learn that tariffs ALWAYS hurt the country that imposes them.
     
    • Agree Agree x 1
  3. toobfreak
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    toobfreak Gold Member

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    Non sequitur. Tariffs might be bad but if everyone else uses them, then we must use them too as an equalizer otherwise we are just kicking ourselves in the ass. What is solved if we don't use them but everyone else still does against us? We then make Tariffs a very GOOD idea------ for them.
     
  4. task0778
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    task0778 Gold Member Gold Supporting Member Supporting Member

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    We're going to have to hold our water and see how this all plays out. Yes, we could end up in a trade war and that would suck for everybody. Or we could end up with some better trade deals and possibly get those foreign countries who are transshipping Chinese steel into the US to knock it off. Some of them anyway, and keep the tariffs in place on those who don't. Don't forget, the rest of the world doesn't want a trade war either and most of them have more to lose than we do, so we rework a lot of trade deals to our benefit.
     
  5. whitehall
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    whitehall Platinum Member

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    Economics or politics? Why not economics and politics? Why not trust an administration that "wants to make America great again" rather than an administration that warned Americans to suffer for the greater good of global warming and "wean America off fossil fuel" while the rest of the world was gobbling up oil?
     
  6. Golfing Gator
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    Golfing Gator Gold Member

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    I do have a huge trade deficit with my grocery store. Just today I gave them 60 bucks and all I got back were some steaks, some shrimp and some beer.
     
  7. edthecynic
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    edthecynic Censored for Cynicism

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    Wrong!
    Tariffs reduce the comparative advantage of free trade for anyone who who uses them, so all you are doing is equalizing the damage tariffs do by kicking yourself in your ass just because your trading partner is kicking themselves in their ass.

    Again you need to study the Law of Comparative Advantage.
     
    • Thank You! Thank You! x 1
  8. Wry Catcher
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    Wry Catcher Diamond Member

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    We are not perpetually in a trade deficit.

    Do some research and trust Trump only after you have verified his statements.
     
  9. WillowTree
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    WillowTree Diamond Member

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    So show me where we are in trade balance?
     
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  10. Bush92
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    Bush92 GHBush1992

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    This is a great day for America, our communities and workers. Economists talk of “trade war.” Those fucking body’s bags have been filled by American workers for years because of foreign tariffs on US manufactured goods. Time to fight back. Oh...and BTW...Trump just got re-elected today.
    Tariffs, Trump and trade wars: Here's what it all means
     

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