Wry Catcher
Diamond Member
- Thread starter
- Banned
- #21
It may cause inflation and we might not be able to buy cheap shit from China anymore at the Dollar Store, but if it lets people eventually get back their GOOD jobs, would it be worth it? When I was a kid, people didn't automatically aspire to a McMansion in the suburbs. A modest house in a decent neighborhood with good schools was where people set their sights. They remodeled by replacing the sofa slipcovers every ten years or so. We've gone nuts with the consumer thing.Will they now?
"Trump Country looks to be hit hardest as China strikes back against new tariffs the U.S. president announced Thursday.
"U.S. agriculture and the president’s rural political base are in China’s sights as it weighs retaliation after Donald Trump slapped tariffs on at least $50 billion in Chinese imports.
"In its initial counterstrike, China announced a 25 percent levy on U.S. pork imports -- a heavy blow to Iowa, the top pork-producing state and a political battleground that swung to Trump in 2016 after going for Democrat Barack Obama in the previous two elections.
"But the president risks broader damage to the economy and to his political standing if the tit-for-tat with China escalates into a trade war, an outcome investors worried was growing more likely, sending stocks tumbling.
"But the president risks broader damage to the economy and to his political standing if the tit-for-tat with China escalates into a trade war, an outcome investors worried was growing more likely, sending stocks tumbling."
Trump Country May Be Hit Hardest by Chinese Tariff Retaliation
Don't worry, be happy, I'll pray for trump supporters, that's always a solution to serous problems. Isn't it?
I don't know anything about economies, but what we've had is not so great. A change might be good. Anyway, you'll never convince the Trumpkins that the trade wars are bad news until the price of an AR goes up $200.
IF it brings jobs back? We have turned the corner from a manufacturing base to a service base, so I very much doubt we will create many jobs where technology, i.e. robots have replaced people.
We are, and have been a consumer based economy since the end of WW II. And yet, retail jobs are being eliminated as we speak. Shoppers shop at home on their computers, and UPS / Fed Ex trucks are ubiquitous on our roadways.
Maybe its time to consider new ways, instead of seeking what may have been successful in the past?
And yet in your op, YOU, sound the alarm of a threat to our pig farmers, an industry that was developed, literally, in the Stone Age.
I sounded the Alarm? I guess so, and like some other people you'll choose to ignore it. China lighted the fire, I reported seeing the flames, and you and others may one day feel the heat , yet.
Denial ends when one touches a hot stove - though some never learn from experience, vicariously or in the ER.