1. #11011
    submessenger's Avatar
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    Quote Originally Posted by Shawarma View Post
    And there, again, we return to my original question: why precisely do you feel that tariffs would improve your situation, when recent evidence suggests the exact opposite occurring from the exact same kind of tariffs?

    Gut feeling? Or do you have anything more tangible to support your beliefs?
    You are going in circles.

    Not having significant tariffs has not helped at all. The trade imbalance predates Bush, look at the data I linked to, previously. It started getting bad in 1995, when Clinton started getting really friendly with China.

    Adding significant tariffs is a reasonable course of action, so long as its combined with other initiatives - like, say, reducing corporate income taxes and reducing industrial regulations. The rising cost of imports will make it attractive to businesses to engage in higher levels or new lines of production of goods; if you can do it cheaper than China and still make money. Yes, it's going to be a giant pain in the ass for USians, inflation is already starting to creep up, and artificially-induced inflation is not going to help a whole lot, in the short term. But, inflation has been kept artificially low for so long that it was inevitable that we'd have to feel this pain.

    Politics should stop fucking with the economy, period. But, politics has been fucking with the economy for so long that stopping altogether is not an option. We have to be weened back to a free market. But, we need to HAVE a market, first.

  2. #11012
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    U.S. Steel To Start Idle Plant, Bring Back 500 Workers

    PITTSBURGH (KDKA) – A long-idled U.S. Steel plant says they will call back hundreds of employees and restart one of two blast furnaces in anticipation of increased demand for steel.

    The steelmaking facilities are at the company’s Granite City Works plants in Illinois.

    U.S. Steel says the increased demand is a result of the pending action announced by President Trump on new import tariffs.

    “Our Granite City Works facility and employees, as well as the surrounding community, have suffered too long from the unending waves of unfairly traded steel products that have flooded U.S. markets,” said U. S. Steel President and Chief Executive Officer David B. Burritt in a press release.

    The company anticipates calling back approximately 500 employees beginning this month.

    The restart process could take up to four months.

    Both Granite City Works blast furnaces and its steelmaking facilities were idled in December 2015.


    Source:
    http://pittsburgh.cbslocal.com/2018/...-back-workers/

    Quote Originally Posted by submessenger View Post
    Adding significant tariffs is a reasonable course of action, so long as its combined with other initiatives - like, say, reducing corporate income taxes and reducing industrial regulations. The rising cost of imports will make it attractive to businesses to engage in higher levels or new lines of production of goods; if you can do it cheaper than China and still make money.
    "Oh my God. What a bunch of pussies! Back in my day, if you wanted to tease someone you did it to their face. There was honor, respect." -Sensei Johnny Lawrence, on cyberbullying

  3. #11013
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    I wonder how many of those recalled workers have been waiting around for steel work to return, and how many have already retrained themselves to work in other industries. This has also been my question of the coal industry- in areas where mines have been closed down for a long time, when do the workers decide its no longer worth clinging to their previous industry. When I lost my last job, I retrained myself while on unemployment and five months later had a better paying job in a more promising industry.

  4. #11014
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    Trump will be imposing tariffs, but exempting Canada and Mexico for now

    http://www.foxnews.com/politics/2018...a-for-now.html
    "Oh my God. What a bunch of pussies! Back in my day, if you wanted to tease someone you did it to their face. There was honor, respect." -Sensei Johnny Lawrence, on cyberbullying

  5. #11015
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    Quote Originally Posted by 1bad65 View Post
    Trump will be imposing tariffs, but exempting Canada and Mexico for now

    http://www.foxnews.com/politics/2018...a-for-now.html
    That's good...
    Falling for Judo since 1980

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  6. #11016
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    Quote Originally Posted by 1bad65 View Post
    Trump will be imposing tariffs, but exempting Canada and Mexico for now

    http://www.foxnews.com/politics/2018...a-for-now.html
    And apparently he'll be "doing something with them" regarding Australia and the Tariffs.

    http://www.news.com.au/finance/econo...1dab9676a51397
    Dum spiro, spero.
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  7. #11017
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    Donald Trump to meet Kim Jong-un by May after invitation from North Korea

    South Korea’s national security adviser confirms historic talks after relaying offer from Pyongyang to White House

    Donald Trump has accepted an invitation from the North Korean leader, Kim Jong-un, to hold an unprecedented summit meeting to discuss the future of the embattled regime’s nuclear and missile programme.

    In a stunning development following months of tension and mutual sabre-rattling, senior South Korean officials appeared outside the White House to announce the news, having hand-carried Kim’s invitation to Washington. They said that Trump had declared himself ready to meet Kim “by May”. If the meeting takes place it would be the first ever between leaders of the two countries.

    Trump himself confirmed the meeting in a tweet, adding that US sanctions against North Korea would remain in place until a deal on denuclearisation was achieved.

    The development was announced by South Korean national security director Chung Eui-yong, who was flanked by intelligence chief Suh Hoon and Cho Yoon-je, South Korea’s ambassador to US.

    The invitation to talks, Chung said, was accompanied by an offer to suspend North Korean missile and nuclear tests while talks are underway, the condition that US officials have laid down for the start of any substantive talks.

    The White House confirmed the news in a statement later, saying: “President Trump greatly appreciates the nice words of the South Korean delegation and President Moon. He will accept the invitation to meet with Kim Jong-un at a place and time to be determined. We look forward to the denuclearisation of North Korea. In the meantime, all sanctions and maximum pressure must remain.”

    The delegation of senior South Korean officials had met the North Korean leader in Pyongyang on Monday, and flown to Washington to brief the White House on Thursday. Announcing the delivery of the invitation in a hastily arranged press statement outside the White House, Chung praised Trump’s “leadership” and his policy of “maximum pressure”.

    “I told President Trump that in our meeting, the North Korean leader, Kim Jong-un, said he is committed to denuclearisation,” Chung said. “Kim Jong-un pledged that North Korea will refrain from any further nuclear or missile tests. He understands the routine joint military exercises between the Republic of Korea and the United States must continue.”

    He added that the North Korean leader had “expressed his eagerness to meet President Trump as soon as possible”.

    Source (full story):
    https://www.theguardian.com/world/20...pons?CMP=fb_gu
    "Oh my God. What a bunch of pussies! Back in my day, if you wanted to tease someone you did it to their face. There was honor, respect." -Sensei Johnny Lawrence, on cyberbullying

  8. #11018
    submessenger's Avatar
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    Quote Originally Posted by 1bad65 View Post
    Donald Trump to meet Kim Jong-un by May after invitation from North Korea

    South Korea’s national security adviser confirms historic talks after relaying offer from Pyongyang to White House

    Donald Trump has accepted an invitation from the North Korean leader, Kim Jong-un, to hold an unprecedented summit meeting to discuss the future of the embattled regime’s nuclear and missile programme.

    In a stunning development following months of tension and mutual sabre-rattling, senior South Korean officials appeared outside the White House to announce the news, having hand-carried Kim’s invitation to Washington. They said that Trump had declared himself ready to meet Kim “by May”. If the meeting takes place it would be the first ever between leaders of the two countries.

    Trump himself confirmed the meeting in a tweet, adding that US sanctions against North Korea would remain in place until a deal on denuclearisation was achieved.

    The development was announced by South Korean national security director Chung Eui-yong, who was flanked by intelligence chief Suh Hoon and Cho Yoon-je, South Korea’s ambassador to US.

    The invitation to talks, Chung said, was accompanied by an offer to suspend North Korean missile and nuclear tests while talks are underway, the condition that US officials have laid down for the start of any substantive talks.

    The White House confirmed the news in a statement later, saying: “President Trump greatly appreciates the nice words of the South Korean delegation and President Moon. He will accept the invitation to meet with Kim Jong-un at a place and time to be determined. We look forward to the denuclearisation of North Korea. In the meantime, all sanctions and maximum pressure must remain.”

    The delegation of senior South Korean officials had met the North Korean leader in Pyongyang on Monday, and flown to Washington to brief the White House on Thursday. Announcing the delivery of the invitation in a hastily arranged press statement outside the White House, Chung praised Trump’s “leadership” and his policy of “maximum pressure”.

    “I told President Trump that in our meeting, the North Korean leader, Kim Jong-un, said he is committed to denuclearisation,” Chung said. “Kim Jong-un pledged that North Korea will refrain from any further nuclear or missile tests. He understands the routine joint military exercises between the Republic of Korea and the United States must continue.”

    He added that the North Korean leader had “expressed his eagerness to meet President Trump as soon as possible”.

    Source (full story):
    https://www.theguardian.com/world/20...pons?CMP=fb_gu
    I really hope I'm wrong, but my gut feeling is this:



    My second instinct tells me that Trump will manage to screw up this meeting in an irrevocable fashion. I really hope to be wrong on both points.

  9. #11019
    1bad65's Avatar
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    Trump was right about taxes and the economy. He was right on ISIS.

    I'm confident he'll do fine on this issue too.

    He's having a history of success and good results, hence the liberals and the press focusing on him screwing a porn star 10 years ago and the Mueller snipe hunt.
    "Oh my God. What a bunch of pussies! Back in my day, if you wanted to tease someone you did it to their face. There was honor, respect." -Sensei Johnny Lawrence, on cyberbullying

  10. #11020
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    The N. Koreans figure they can play him.

    They plan stuff way in advance, multiple contingencies, etc.
    Falling for Judo since 1980

    "You are wrong. Why? Because you move like a pregnant yak and talk like a spazzing 'I train UFC' noob." -DCS

    "The best part of getting you worked up is your backpack full of irony and lies." -It Is Fake

    "Banning BKR is like kicking a Quokka. It's foolishness of the first order." - Raycetpfl

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