Trump's Trade Wars - another disaster
POSTED BY: captaincrunch
UPDATED: Tuesday, July 7, 2020 08:51
VIEWED: 14929
PAGE 11 of 17
The Trump Nosedive (or Face Plant if you prefer):
https://fred.stlouisfed.org/graph/?g=o8Uq
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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By your graph 2008 was an unbelievably fantastic year. So good, you wouldn't believe it. Just unbelievably good.
In fact, what your graph shows is that people were monetarily hurt and scared in 2008 and REALLY cut down on their spending - and because the US is mostly a non-manufacturing nation - that means they didn't buy Chinese stuff. Which helped the balance of trade.
Now that people are feeling better, they're spending more, which means they're buying more Chinese goods.
Your graph doesn't show what you want it to show, because it makes nonsense of the 2008 global economic disaster.
TRY AGAIN. And this time, try not to fart.
And if democrats don't do anything different, how are they any better?
tic tac
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Hey, 1kiki, Trump's criteria for "winning" is a smaller trade deficit, not a larger deficit, which means he is either losing his Trade Wars out of incompetence or he is not in control in the first place.
And what is your whininess about "the US is mostly a non-manufacturing nation"? Is that a complaint that the Chinese have stolen factory jobs? Because if it is, manufacturers have never made more product than now.
https://fred.stlouisfed.org/graph/?g=o8ZT
Manufacturers have never been about creating jobs. That is like thinking factories exist to create smoke and noise. Jobs are a byproduct, a secondary result, inevitably produced in doing something else. Like smoke, manufacturers want to decrease jobs, not increase them, otherwise manufacturers would be seeking the most labor intensive methods to run their factories, getting rid of machinery and doing more work by hand to create the most jobs possible. I guess Trump could send a bill to Congress requiring less productivity, but I don't think that kind of Factory Featherbedding Bill will pass. Maybe Trump should try that and see what happens in the Senate.
https://en.wikipedia.org/wiki/Featherbedding
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Hey there old fart - can you tell me what the trade deficit would be if Trump DIDN'T do what he did? No, of course not, you can't. For all any of us know, the trade deficit would have been far, far worse without Trump. You've made yet another logical error. And can you find me that quote where Trump defines what it means to be 'wining' with tariff threats? Or are you just lying, again, as well?
As for your 'manufacturing 'sales' figures' - is that compared to the GDP? Per capita? Yanno, any reasonable comparative figure that would allow an actual comparison over time? Maybe you could find 'manufacturing 'sales' figures' compared to what Americans purchase, to show how much of manufactured goods consumed in the US are manufactured in the US. WAIT - that would be reflected in the trade imbalance!
So, what are you arguing, old fart? That manufacturing is in the dumps because Trump is losing the trade war and the line in the first graph is going down? Or that manufacturing has never been so unbelievably better than ever, because the line in your second graph is going up? Or are you arguing BOTH? It sure looks like you are to me.
You've got so many snakes in your head, you can even keep a simple line of argument straight. You'll argue ANYthing - no matter how false and self-contradictory - as long as you think it makes Trump look bad. Even if it makes you look like a crazy person living in some alternate reality without facts or logic.
As for your argument that manufacturers aren't about creating jobs - you idiot. What do you think I've been saying all along? It's one of the ways that this system is unsustainable.
To recap - Your FIRST graph does NOT show that trade policy is a driver of trade imbalances. Your SECOND graph NOT show that the US has maintained robust manufacturing economy. And your point about manufacturing NOT existing to create jobs is a strawman argument.
And you just farted ... and farted, and farted, and farted ...
I'll stop replying to your farts after this because you're a big fucking waste of time.
And if democrats don't do anything different, how are they any better?
tic tac
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Quote:The term you use here is cities. The more accurate term would be Media Markets. The MSM Market area or Bubble is where the brainwashing happens. Even when halfway sensible folk flee the insanity of the Urban centers for The Suburbs, they still get inundated with the Goebbels propaganda of the Mass Media. Your post almost sounds like you didn't know that.
Originally posted by 6IXSTRINGJACK:Quote:More likely it's because Indiana is a state that always votes a Republican for president.
Originally posted by second:
Letters sent from prison by the former Irish mob boss detailed his love for President Donald Trump and annoyance at the Mueller probe.
The former mob boss said he enjoys Trump's war against the media and that the President has his vote in the next election.
Bulger also talked about Mueller, who led the FBI at a time when rogue agents had protected mob bosses like Bulger.
"Trump is experiencing what Mueller and company can orchestrate," Bulger said last September. "[Mueller] should observe biblical saying - 'Let he who is without sin cast the first stone.'"
More at Fox News www.foxnews.com/us/whitey-bulger-praised-trump-prison-lettersQuote:6ix, interestingly, Whitey Bulger's fellow prisoners beat him to death. I wonder why? Could it have something to do with Trump? I often wonder why no one in Indiana has beaten you to death. Is it because you hide inside most of the time with no contact on the outside?
Originally posted by 6IXSTRINGJACK:
Shut up. All you do is insult people with every post.
You'll actually find that almost the entire country does outside of large cities.
Quote:
But I do take your meaning though. Wacko left wing extremists are extremely violent people, and Trump Derangement Syndrome hasn't been making them any nicer these last few years.
Do Right, Be Right. :)
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Quote:To recap, you proved nothing about Trump, 1kiki, either good or bad. You might read "Donald Trump’s trade policy makes literally no sense"
Originally posted by 1kiki:
To recap -
www.newstatesman.com/world/north-america/2019/05/donald-trump-s-trade-
policy-makes-literally-no-sense
or "The internal contradictions of the Trump trade policy"
www.aei.org/publication/the-internal-contradictions-of-the-trump-trade
-policy/
What problem is America’s trade conflict with China trying to solve? Trump is a trade-deficit obsessive, but even substantial progress in eliminating the bilateral US-China trade gap is unlikely to alter the overall US trade deficit. (That imbalance is driven by US domestic macroeconomic policy, not dumb trade deals.)
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:
Originally posted by JEWELSTAITEFAN:Quote:The term you use here is cities. The more accurate term would be Media Markets. The MSM Market area or Bubble is where the brainwashing happens. Even when halfway sensible folk flee the insanity of the Urban centers for The Suburbs, they still get inundated with the Goebbels propaganda of the Mass Media. Your post almost sounds like you didn't know that.
Originally posted by 6IXSTRINGJACK:Quote:More likely it's because Indiana is a state that always votes a Republican for president.
Originally posted by second:
Letters sent from prison by the former Irish mob boss detailed his love for President Donald Trump and annoyance at the Mueller probe.
The former mob boss said he enjoys Trump's war against the media and that the President has his vote in the next election.
Bulger also talked about Mueller, who led the FBI at a time when rogue agents had protected mob bosses like Bulger.
"Trump is experiencing what Mueller and company can orchestrate," Bulger said last September. "[Mueller] should observe biblical saying - 'Let he who is without sin cast the first stone.'"
More at Fox News www.foxnews.com/us/whitey-bulger-praised-trump-prison-lettersQuote:6ix, interestingly, Whitey Bulger's fellow prisoners beat him to death. I wonder why? Could it have something to do with Trump? I often wonder why no one in Indiana has beaten you to death. Is it because you hide inside most of the time with no contact on the outside?
Originally posted by 6IXSTRINGJACK:
Shut up. All you do is insult people with every post.
You'll actually find that almost the entire country does outside of large cities.
I include the suburbs with the cities as a singular growing organism.
You might be able to temporarily flee the insanity and high crime rates of the urban centers by continuing to move further and further from the cities themselves, but the government control over the schools, law enforcement, property taxing authorities, etc. always follows close behind.
Do Right, Be Right. :)
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Why tariff threat is unsettling – even after US-Mexico deaI
www.csmonitor.com/Business/2019/0610/Why-tariff-threat-is-unsettling-e
ven-after-US-Mexico-deaI
Trump, having gone to great lengths to get a new trade agreement with Mexico and Canada, basically blew up his agreement by threatening to impose new tariffs unless Mexico did something about border issues that have nothing to do with trade. Barely a week later, Trump called the tariff off in return for a statement by Mexico that it would do things it had already agreed to months earlier.
This obviously weakens Trump’s ability to negotiate future agreements, on trade or anything else. After all, what’s the point of making deals with him when he reneges on his promises whenever he feels like it?
Now, not having a destructive trade war with Mexico is a good thing. But what the world learned is that Trump’s threats are as empty as his promises. Also, he reduced the chances that Congress will ever approve the U.S.M.C.A., Trump’s replacement for Nafta.
Democrats in the House were already reluctant to pass U.S.M.C.A., giving Trump something to boast about, unless they got some serious concessions on issues that matter to them. Trump’s counter was a threat to withdraw from Nafta with no replacement. But this would have catastrophic economic effects, leading into an election year. After last week’s climbdown on Mexican tariffs, who believes that he would carry through on that threat?
As of right now, markets appear to be betting that he tweets loudly but carries a small stick. Investors are treating Trump as crazy but harmless cartoon president:
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:Manufacturing has never been about creating jobs. That includes all countries and all history, yet manufacturing continues all over the world. Jobs are exactly the same as scrap and waste heat. Making scrap or waste heat or jobs is not what manufacturing is about. Factories have always tried to minimize all three with varying success. I will make a prediction that manufacturing is "sustainable" for at least another thousand years, unless 1kiki has a secret definition of "sustainable" that doesn't match any in a dictionary. Speaking of secrets:
Originally posted by 1kiki:
As for your argument that manufacturers aren't about creating jobs - you idiot. What do you think I've been saying all along? It's one of the ways that this system is unsustainable.
Mexico denies Trump’s claim of secret concessions in deal
www.apnews.com/7bedd8e672dd4f6ca3ffe2b3fd78fe0f
Three days after U.S. President Donald Trump announced a [tariff] deal with Mexico to stem the flow of migrants at the southern border, the two countries appear unable to agree on exactly what’s in it.
Stung by criticism that the agreement mostly ramps up border protection efforts already underway, Trump on Monday hinted at other, secret agreements he says will soon be revealed.
“We have fully signed and documented another very important part of the Immigration and Security deal with Mexico, one that the U.S. has been asking about getting for many years,” Trump wrote Monday, saying it would “be revealed in the not too distant future.”
Not so, said Mexican Foreign Secretary Marcelo Ebrard, holding up a paper and pointing to the previously announced details. He told reporters the two countries agreed on two actions made public Friday and said if those measures didn’t work to slow migration, they would discuss further options.
“There is no other thing beyond what I have just explained,” he said.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Trump And Other Gaslighters/Narcissists Create Crises And Then Act Like They Solved Them
https://www.forbes.com/sites/stephaniesarkis/2019/06/09/trump-and-othe
r-gaslightersnarcissists-create-crises-and-then-act-like-they-solved-them/?utm_source=FACEBOOK&utm_medium=social&utm_term=Valerie%2F&fbclid=IwAR1tjEpPtsBugbQYtxv316sif-fBrkVOBstjDTeQekoaIgtYmvHd8Kzn2PY#2818edb960c2
Gaslighters/narcissists create an enemy and crisis, then "solve" that same crisis. They then demand accolades after that crisis (that they created) has been resolved. Why do they do this? It creates support within their base. And with 2020 elections right around the corner, Trump knows the importance of manufacturing an enemy and then portraying himself as the only person who could "conquer" this manufactured enemy.
The most recent case in point is Trump's tariffs on Mexico. Trump is touting himself as the key factor in getting a border agreement with Mexico. However, the New York Times reported that the U.S. and Mexico had reached an agreement on border policies months before Trump's tariff threat.
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