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Post by Captj on Aug 22, 2024 6:54:53 GMT -5
But who's counting? Fact is that convicted felon FF45 can and does tell more lies in a single breath of air than all of the other candidates put together. What follows a Republican administration? A Democratic administration trying to straighten out the mess the Republicans leave behind. History has a way of repeating itself.
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Post by throttle on Aug 22, 2024 9:00:44 GMT -5
International trade is a whole other thing. Competing with a dictatorship that uses slave labor and that has no environmental regulations to compare to ours will have us at a disadvantage without tariffs. We need to level that playing field of all the externalities. Except, of course tariffs are essentially a tax that's paid by the American consumer. Not to mention the American producers that then have to be subsidized to stay afloat. Doesn't seem very free to me. Oh, and no one ever answer about monopolies. I wonder why? So you would welcome domestic manufacturing decline and gladly empower a belligerent tyrant commie, nuclear armed slave state? Well, it will keep the price of worthless Chinese crap down, so good thinking.
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Post by cyclist on Aug 22, 2024 9:08:47 GMT -5
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Post by johngalt on Aug 22, 2024 10:57:23 GMT -5
As I said before, if things are so great now why are they going to change things on day one?🤔
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Post by tampaspicer on Aug 22, 2024 11:01:12 GMT -5
As I said before, if things are so great now why are they going to change things on day one?🤔 I don't think anything is going to get that much cheaper. Tell me a time in history when that's happened. Maybe 2007-2009 with housing? They've been shrinking the size of everything for a long time. Less product same money for a while and then at some point the raise the price of the smaller product. You get 1/2 the amount of fast food for double the price currently compared to 5-10 years ago. Anyone that says they are going to lower prices is full of shit.
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Post by cadman on Aug 22, 2024 11:07:45 GMT -5
As I said before, if things are so great now why are they going to change things on day one?🤔 I don't think anything is going to get that much cheaper. Tell me a time in history when that's happened. Maybe 2007-2009 with housing? They've been shrinking the size of everything for a long time. Less product same money for a while and then at some point the raise the price of the smaller product. You get 1/2 the amount of fast food for double the price currently compared to 5-10 years ago. Anyone that says they are going to lower prices is full of shit. Only time all prices decrease is when we have a Recession or Depression. Prices falling typically means demand has crashed and nobodies buying. Negative inflation is not a good thing.
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Post by tampaspicer on Aug 22, 2024 11:09:03 GMT -5
I don't think anything is going to get that much cheaper. Tell me a time in history when that's happened. Maybe 2007-2009 with housing? They've been shrinking the size of everything for a long time. Less product same money for a while and then at some point the raise the price of the smaller product. You get 1/2 the amount of fast food for double the price currently compared to 5-10 years ago. Anyone that says they are going to lower prices is full of shit. Only time all prices decrease is when we have a Recession or Depression. Prices falling typically means demand has crashed and nobodies buying. Negative inflation is not a good thing. Kinda like gas prices 4 years ago.
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Post by cadman on Aug 22, 2024 11:31:23 GMT -5
Only time all prices decrease is when we have a Recession or Depression. Prices falling typically means demand has crashed and nobodies buying. Negative inflation is not a good thing. Kinda like gas prices 4 years ago. Yep, but the CPI never went negative in 2020 due to other items increasing in price in spite of fuel prices decreasing, Food prices increased 3.9%, Meats, poultry, fish, and eggs increased 4.6% in 2020 while energy costs fell 7% for the year.
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Post by tampaspicer on Aug 22, 2024 11:38:10 GMT -5
Well ain't that some shit. I've been told by plenty of people that is gas is cheap the price of goods is as well.
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Post by luapnor on Aug 22, 2024 14:27:12 GMT -5
Except, of course tariffs are essentially a tax that's paid by the American consumer. Not to mention the American producers that then have to be subsidized to stay afloat. Doesn't seem very free to me. Prove it. Show the evidence that Tariffs are passed on to consumers. Because you are full of shit.
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Post by biminitwisted on Aug 22, 2024 14:33:53 GMT -5
Except, of course tariffs are essentially a tax that's paid by the American consumer. Not to mention the American producers that then have to be subsidized to stay afloat. Doesn't seem very free to me. Prove it. Show the evidence that Tariffs are passed on to consumers. Because you are full of shit. Direct Price Increases: Importers pass increased costs from tariffs onto consumers by raising retail prices.
Economic Research Findings:
Studies, such as one from the Federal Reserve Bank of New York, show that tariffs lead to price hikes for consumers (e.g., washing machines). Research from the U.S.-China trade war indicates that U.S. consumers and businesses bear the cost of tariffs, with prices increasing nearly equivalent to the tariffs imposed. Broader Economic Impacts:
Tariffs on raw materials or intermediate goods can cause inflationary pressures, increasing prices across various sectors, including automotive and construction. Supply chain disruptions from tariffs often lead to inefficiencies and higher consumer prices. Consumer Price Index (CPI):
Increases in CPI for categories affected by tariffs indicate that costs are being passed on to consumers.
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Post by cyclist on Aug 22, 2024 14:50:33 GMT -5
Except, of course tariffs are essentially a tax that's paid by the American consumer. Not to mention the American producers that then have to be subsidized to stay afloat. Doesn't seem very free to me. Prove it. Show the evidence that Tariffs are passed on to consumers. Because you are full of shit.
As steel prices rise, the price of U.S. Steel stock has increased by more than 200% year over year. Steel prices in the U.S. are skyrocketing, at least partly because of dwindling domestic production and tariffs on steel imports enacted under former President Donald Trump. The trend could stifle any sweeping infrastructure stimulus effort. Steel companies made significant production cuts in early 2020 as the lockdown caused by the global pandemic slashed demand from typical end users, such as automakers and suppliers of construction materials. Those sectors quickly regained their footing, and companies are now using more of their steel production capacity than before the pandemic, according to industry figures. However, analysts said domestic supply has not kept pace with demand and tariffs have constrained cheap steel imports from entering the market. As a result, the price of steel in the U.S. has trended upward since September 2020. On July 14, the NYMEX domestic hot-rolled coil price reached $1,827 per tonne, an all-time high, according to analysts. The share prices of major steelmakers such as Cleveland-Cliffs Inc. and U.S. Steel Corp. are trading at over 200% above their year-ago prices, according to S&P Global Market Intelligence data. SNL Image
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Post by biminitwisted on Aug 22, 2024 14:53:44 GMT -5
Don't forget the massive subsidies then given to producers to keep them afloat.
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Post by luapnor on Aug 22, 2024 15:07:57 GMT -5
Exactly... not a single piece of real evidence that Trumps tariffs cause any major price increases. So tell me... if these were causing inflation, then why didnt Biden get rid of them? Arent they still in place?
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Post by cyclist on Aug 22, 2024 15:20:29 GMT -5
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