Current Affairs The Would Be Emperor Has No Clothes (aka POTUS 47)
- Thread starter RAFUH
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Well. That's concerning.
"THIS WILL BE THE GOLDEN AGE OF AMERICA"
For a bit of context, an infamous man made a speech, called the Reichstag Speech on 30th January 1939. Although I can't tie his comments of "a thousand year reich" directly to this particular speech, there are echo's in the golden age quote above. And within a day of the anniversary at that.
I hope it is coincidence. But all my other hopes have been dashed re the self imposed destruction of america. Glory to the bro's though I suppose.
Efcjake
Player Valuation: £80m
Tariffs can be good if you know why you're using them, which Trump clearly doesn't. There's something to be said about the use of tariffs to protect strategic domestic production capabilities.
When this all reared its ugly head again I assumed it was to attempt us into conceding the parts of the USMCA trade agreement he replaced NAFTA with that he was still unhappy with.
One of the few pieces of the agreement that was a specific issue last time was the fact that Canada does not want to allow US produced eggs, milk, and meat into our markets without tariffs so that we don't threaten our own domestic food production industries.
Let's take a look at the claims here
"RIPOFF AMERICA" If Canada or Mexico were "ripping off America" those businesses would take their business elsewhere. They do business with Mexican and Canadian companies because those companies are more competitive (typically cheaper) than US Companies. A favourable exchange rate is a key driver of this value.
"TRADE, CRIME, AND POISONOUS DRUGS that are freely flowing into America" I mean this statement somehow implies that the duty of securing what flows into your border is the responsibility of Mexico and Canada and not America's own responsibility. Again, nobody will talk about how many guns are smuggled up here to be used in crime.
"The USA has major deficits with Mexico, Canada, and China" Yes, because the USA is the largest economy in the world with the strongest foreign currency exchange rate. They are able to buy a greater amount of foreign product than any of those other countries they do business with. A trade deficit occurs when a country imports more goods and services than it exports, that's what a trade deficit is. Other countries can't afford your goods made with US wages, that's why your companies off-shored in the first place. The other part nobody is acknowledging here is that most of the goods bought from Canada are raw materials that US companies perform value-adding processes on to then re-sell for their own profit. You can't simply replace those raw materials by implementing a tariff, you either have the lumber or you don't.
"MAKE YOUR PRODUCT IN THE USA AND THERE WILL BE NO TARIFFS" The stupidity of assuming that implementing tariffs and crushing the profitability of specific industries will somehow spur on-shoring investment in the US and that the capacity issues in production this causes will be able to be survived long enough to bring back manufacturing to the US is outstanding. You simply cannot click your heels and bring back manufacturing capabilities, supply chains, and skilled workers.
"TRILLIONS OF DOLLARS SUBSIDIZING OTHER COUNTRIES" No, you haven't given any of Canada, Mexico, or China any subsidies. You bought products from us. Products that we sold cheaper than you can product domestically for whatever reasons they may be.
"Why should these other countries pay a fraction of what we pay for drugs and pharmaceuticals" Because at least in Canada and China's case they have publicly funded health care systems and refused to allow lobbyists from the drug and pharmaceutical industries hold our citizen's lives hostages for ever-increasing profit margins. Tariffs will not solve any of the price pain Americans experiences with pharmaceuticals. Actually, Denmark is planning to raise the price of Ozempic 500% and you can all get your guts back from your heart attack grill lifestyles. Won't that be fun watching everyone get fat again.
New Sec of Treasury “we find it unlikely across the board tariffs will be implemented” just a year ago.
Well the gun has been discharged and we seem to have shot ourselves.
Well the gun has been discharged and we seem to have shot ourselves.
what's scary here is that unlike immigration/DEI/shrinking fed government/foreign aid which all took a battering over the last two weeks and tho I strongly disagree with the actions, they are staunch maga talking points...
All this seems to be is individual Trump narcissism. He re negotiated NAFTA, why's he doing this. It makes no sense other than him being obsessed by tariffs.
Like what's the end goal? bring industry and production back home by stifling imports? His thinking could be that simple.
Even if his thinking is that simple, why constrict the labor market at the same time.
He's nuts and might be out of the control of even his closest allies.
All this seems to be is individual Trump narcissism. He re negotiated NAFTA, why's he doing this. It makes no sense other than him being obsessed by tariffs.
Like what's the end goal? bring industry and production back home by stifling imports? His thinking could be that simple.
Even if his thinking is that simple, why constrict the labor market at the same time.
He's nuts and might be out of the control of even his closest allies.
Spadge Vernacular
Player Valuation: £70m
From a couple of years back but illustrates what Russia hoped for/paid for.
maga eventually turns on itself first, true believers and those that've lost the faith.
Spadge Vernacular
Player Valuation: £70m
After years of "if you dont like it, go home", thats going to be very very hard.
Only 12% of Adults, 8% of Dems, 20% of Republicans think that billionaires advising Trump is a good thing. It’s hard to recall worse poll numbers for a major presidential policy.
I don't know about first, but it will do in the end. Nothing is more guaranteed.
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