RE: Yay. Trickle down does work. At least on tariffs. Even Kudlow admits that American consumers will be affected. Trump says "some people just don't get it". Sadly, he is the "some people" in this case. | Utefans.Net
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RE: Yay. Trickle down does work. At least on tariffs. Even Kudlow admits that American consumers will be affected. Trump says "some people just don't get it". Sadly, he is the "some people" in this case.

Posted By: Charlie
Date: Monday, May 13, 2019 at 12:32 pm

I don’t agree with everything Trump is doing with China. However, pushing back on China is unbelievably overdue. Trump is attempting to make things right much more than republicans and democrats before him. China has an advantage; day by day they simply do what is in their immediate best interest, say very little, completely ignore any negative impact on a china sector when operating, and have zero intention to follow thru for more than a day with what they promise. They pick and choose what they want to accept from us and count on our political divide to help them.

I don’t care about a trade deficit. I have a 100% deficit with Smith’s grocery store yet it is in both our interest. The free market goes up and down, we need to let the political impact of the market do so as well. We need some smart people in government that follows China’s lead in trade. If they pick off some items to restrict, we do so as well. If they allow mostly free trade, we do so as well. They have much lower labor costs so in many cases, it makes sense for us to import. We should expect a trade deficit. Everyone agrees we need better trade with China; we just need to let the party in office take a lead because if it becomes partisan we lose big. We don’t need to buy our own IP back from China.

At any time we tire of fighting to be treated fairly, we can simply just ask China how they want this all to work. Variations of that have been tried. Right now China is in a very good position with much greater ability to resist change to the status quo.

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Messages In This Thread


Newbomb Turk icon NEW: Yay. Trickle down does work. At least on tariffs. Even Kudlow admits that American consumers will be affected. Trump says "some people just don't get it". Sadly, he is the "some people" in this case.
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 07:51 am [ID# 1946661] [reply]
(8)
HoopUte icon NEW: The Dow is down over 2% already today on the news of China retaliating with new tariffs on US goods (short)
HoopUte - -- Monday 13 May 2019, at 08:14 am [ID# 1946662] [reply]
(4)
Newbomb Turk icon NEW: Yep. Trump was right. I really am tired of all this winning.
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 08:15 am [ID# 1946663] [reply]
(5)
o NEW: RE: Yay. Trickle down does work. At least on tariffs. Even Kudlow admits that American consumers will be affected. Trump says "some people just don't get it". Sadly, he is the "some people" in this case.
Charlie - -- Monday 13 May 2019, at 08:30 am [ID# 1946665] [reply]
(1)
o NEW: Will trump's base, the Walmart shoppers, ever connect the dots and figure out why they are paying more when they shop?
UteBrave - -- Monday 13 May 2019, at 08:35 am [ID# 1946666] [reply]
(7)
96GradAlum icon NEW: There were tons of dots to connect before the 2016 election and they didn't connect those so I have no faith whatsoever that will ever do so. (nm)
96GradAlum - -- Monday 13 May 2019, at 08:54 am [ID# 1946669] [reply]
(9)
o NEW: Most are not smart enough to figure it out. The few who have realized it are just willfully ignorant. (nm)
UteBrave - -- Monday 13 May 2019, at 09:53 am [ID# 1946673] [reply]
(3)
utahpunk icon NEW: And that connect the dots puzzle was just Trump giving them a GIANT middle finger. (nm)
utahpunk - -- Tuesday 14 May 2019, at 03:19 pm [ID# 1946750] [reply]
(1)
SkinyUte icon NEW: They'll blame it on Obama because that's what Fox News will tell them. (nm)
SkinyUte - Top 25 Poster -- Monday 13 May 2019, at 11:40 am [ID# 1946684] [reply]
(3)
o NEW: What a shameful reminder of of the world we live in. Its now huge news when a presidential advisor reluctantly and grudgingly "admits" to the truth of something that everyone already knows is true. (nm)
Ute Bear - -- Monday 13 May 2019, at 09:06 am [ID# 1946670] [reply]
(6)
o NEW: RE: Yay. Trickle down does work. At least on tariffs. Even Kudlow admits that American consumers will be affected. Trump says "some people just don't get it". Sadly, he is the "some people" in this case.
Charlie - -- Monday 13 May 2019, at 12:32 pm [ID# 1946688] [reply]
(1)
Newbomb Turk icon NEW: Just changing a few words from your first paragraph.....
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 01:27 pm [ID# 1946692] [reply]
(3)
o NEW: RE: Just changing a few words from your first paragraph.....
Charlie - -- Monday 13 May 2019, at 01:59 pm [ID# 1946695] [reply]
(1)
Newbomb Turk icon NEW: Let's see.....trade deficits with China:
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 02:20 pm [ID# 1946697] [reply]
(1)
o NEW: RE: Let's see.....trade deficits with China:
Charlie - -- Monday 13 May 2019, at 02:59 pm [ID# 1946699] [reply]
(1)
Newbomb Turk icon NEW: I get what you said about trade deficits alone not being meaningful I happen to agree. My point was is that trade deficits are important to Trump for some reason (ignorance probably) and he is using tariffs to try to reduce deficits.
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 03:54 pm [ID# 1946701] [reply]
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