sho nuff
Footballguy
Or try and respond to the points made rather than repeating this BS. I’ve posted the actual facts. You won’t even address them and instead continue to try and get personal.
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Economics - Tariffs Question - Trump - Why? (1 Viewer)
- Thread starter Joe Bryant
- Start date
Ramblin Wreck
Footballguy
Your shadow is back!GoBirds said:
The Z Machine
Footballguy
The US is in a strong position, but China will take 2 more years of pain to save face if that's what it comes to.
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NCCommish
Footballguy
Right which means you aren't in a strong position. Personally I think they'll take a lot more than 2 years. The non aligned countries will see this as US bullying which strengthens China geopolitically.
The Commish
Footballguy
There isn't a weaker position than being waited out. Again...... covered in the trade thread.
GoBirds
Footballguy
Regurgitated one sided opinions always insisted on as facts....gets really old and waste of everyone’s time.
sho nuff
Footballguy
False. I posted facts. Facts of Trumps actual words. Facts that this isn’t the first round of tariffs. Facts of previous effects of tariffs.
That isn’t opinion.Your insistence to avoid discussing the facts and try to get personal is what wastes people’s time.
Ramblin Wreck
Footballguy
timschochet
Footballguy
I am rooting for Trump to win here.
I don’t agree with tariffs, I don’t agree with the strategy. But the bottom line is that, now that he’s chosen it, we will benefit economically if the Chinese cave and work out a deal. If they don’t cave and it all goes bad for Trump I’m not going to gloat because a lot of people are going to suffer if that happens. So Trump needs to succeed here. He’d better.
On a side note- what Trump is doing on trade issues is not good for my state of California. That’s no surprise; he has also chosen to punish California with his tax bill, and in many other ways. In truth though we have had not had a President look after California’s interests since Ronald Reagan. We have the 5th largest economy on Earth, the biggest population of people, yet our influence on the national scene is woefully inadequate. That is one selfish reason I would love to see Kamala Harris as our next President, though her chances seem to be receding at the moment.
I don’t agree with tariffs, I don’t agree with the strategy. But the bottom line is that, now that he’s chosen it, we will benefit economically if the Chinese cave and work out a deal. If they don’t cave and it all goes bad for Trump I’m not going to gloat because a lot of people are going to suffer if that happens. So Trump needs to succeed here. He’d better.
On a side note- what Trump is doing on trade issues is not good for my state of California. That’s no surprise; he has also chosen to punish California with his tax bill, and in many other ways. In truth though we have had not had a President look after California’s interests since Ronald Reagan. We have the 5th largest economy on Earth, the biggest population of people, yet our influence on the national scene is woefully inadequate. That is one selfish reason I would love to see Kamala Harris as our next President, though her chances seem to be receding at the moment.
Parricularly when we are pulling the same stupid tactics wirh our allies while China is, smartly, building closer relations with the rest of the world.
So tired of all this winning
The Commish
Footballguy
The damage is already done for a good many of the family farms. No deal is going to fix the relationships he's destroyed with this stunt
timschochet
Footballguy
Sammy3469
Footballguy
But GoBirds literally just said this wasn’t true about 6 hours ago. Who to believe
2Squirrels1Nut
Footballguy
The Z Machine
Footballguy
So the latest economic news our economy is growing at around 3.2% and China's is around 6.4%. This last week our Dow was down for the week, meanwhile the Shanghai was up. Yep this trade war is going to be easy to win.
https://tradingeconomics.com/china/gdp-growth-annual
https://tradingeconomics.com/china/gdp-growth-annual
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GoBirds
Footballguy
You struggle to understand what literally means about as bad as you struggle to understand tax returns.But GoBirds literally just said this wasn’t true about 6 hours ago. Who to believe
GoBirds
Footballguy
Good post Tim, not sure on the California stuff but I think you are on point on the rest of it.
GoBirds
Footballguy
For anyone that takes this spin seriously go to the link, click on 10 year for the line graph and look at how the trend looks for China for accurate context. I assume most already know this and just looking to spin this as something to complain about but clearly our gdp is a heck of a lot better than our past 10 years while that number for China is significantly lower than previous growth.
That is lower for what China has been doing as they become an economic power but it certainly is something they could handle for a few years.
GoBirds
Footballguy
You are trying to frame numbers in a way to create more fake outrage in here.....in the last decade China GDP has been cut in half while the US has more than doubled. You definitely aren’t the only one but just needed to be called out for what it is. I’m not a China expert and maybe you are an economic guru but I’m also assuming you probably don’t have an accurate grasp on what they can handle for a few years given their GDP is half of what it was.
Similar to Tim’s take I hope it works out. Maybe it ends in disaster like most of you are hoping for just because it’s Trump but I honestly doubt it and assume this false miscalculated outrage will end similar to many of the other similar instances that pop up in here daily.
McJose
Footballguy
“a heck of a lot better”? If you’re talking about “The GDP annual growth rate” (which is the graph lazyike posted) for the US that’s a “spin” as well.
McJose
Footballguy
GoBirds
Footballguy
Do a better job reading?
Enjoy your weekend, hope you guys don’t spend all your time in the real world like this.
msommer
Footballguy
Maybe the annual growth of the GDP? Even that doesn't make much sense as an argument but it's the best I can come up with as an explanation for that statement. Of course the US number (if actually meant to correspond with the same period doesn't add up (unless you look 20 years back for the US vs 10 for China). China's also doesn't add up, unless you cherry pick 2006 and 2007 (only)
msommer
Footballguy
Ah, yes, there it is, the famous razor sharp wit. So glad you could take the time out of your busy day to back up your assertationsDo a better job reading?
Enjoy your weekend, hope you guys don’t spend all your time in the real world like this.
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McJose
Footballguy
Guy argues a bunch online.Do a better job reading?
Enjoy your weekend, hope you guys don’t spend all your time in the real world like this.
Guy argues some more.
People argue back.
Guy tries to rag on people for being online and arguing.
What part of "in the last decade China GDP has been cut in half " isn't clear to you? Is it the part where that statement is completely wrong?
GoBirds
Footballguy
Click 10y on graph above, see China in 2010 over 12%.
Out w family, have a good one guys.
Gopher State
Footballguy
timschochet
Footballguy
The other aspect of this that bothers me so much, even more than the tariffs, is I feel like we constantly deal with China in terms of what the next 6 months or year will bring. When we negotiate with the Chinese, we need to think 50 years, 100 years down the line. That’s the way they think.
Which is why we never should have pulled out of TPP, we never should have walked away from the Paris Accords. All of this is connected.
Which is why we never should have pulled out of TPP, we never should have walked away from the Paris Accords. All of this is connected.
NCCommish
Footballguy
This is ridiculous. Of course their annual GDP growth is going to slow as their economy matures.
Sammy3469
Footballguy
You struggle with understanding basic economic principles about as bad as you understand the word allYou struggle to understand what literally means about as bad as you struggle to understand tax returns.
To think that any economy is going to keep growing at a rate of 12% is crazy and backing down a bit to a yet very healthy 6% can help keep inflation in check. I gave you some facts and wasn't trying to frame anything.
Dan Lambskin
Footballguy
I still keep thinking the long con is Trump is trying to shift low cost manufacturing from China to North Korea and capitalize on it somehow
McJose
Footballguy
McJose
Footballguy
Mister CIA
Footballguy
Bow down to your extreme reading comprehension.
Thank you, you bridged the gap between huh and oh.
James Daulton
Footballguy
Our freaking gdp was 2.9% last year and 2.6% the prior year. That's our gdp killing it?
What happened to Trump saying anything under 3% was trash? Now we're doing amazing under 3%?
I literally do not understand Trump supporter logic.
What happened to Trump saying anything under 3% was trash? Now we're doing amazing under 3%?
I literally do not understand Trump supporter logic.
GoBirds
Footballguy
Unless top poster requires spinning numbers to fit your agenda. I assume most understand the agenda in here but sometimes it’s so ridiculous it deserves comment.
GoBirds
Footballguy
Tim I think you are on it with this. While the dramatics in here are over the last 24 hours this is a long game but may be too late as they’ve been able to run unchecked for a long time.
GoBirds
Footballguy
You’ve shown you can’t get a handle on issues like this and tax returns, it’s ok let’s move on.You struggle with understanding basic economic principles about as bad as you understand the word all
NCCommish
Footballguy
James Daulton
Footballguy
timschochet
Footballguy
If you think I’m “on it” then you agree with me how disastrous it was to walk away from TPP and Paris.
timschochet
Footballguy
And- if you think I’m “on it” then you realize I didn’t write that stuff about California merely for selfish reasons. It’s the key to the USA’s future. Rather than try to protect industries in the middle states we should favor industries on the west coast, because that’s where the pacific Rim trade is going to be. Trump is looking backwards.
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GoBirds
Footballguy
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