TraitorousTrump3
806
56
28
This is what actually happens when tariffs are put in place. Not some magical ‘it will come back to the US’ nonsense.
Dec 6, 2018 4:39 PM
TraitorousTrump3
806
56
28
This is what actually happens when tariffs are put in place. Not some magical ‘it will come back to the US’ nonsense.
NoItsATideUsername
This is what happens when one asshole makes an entire country look bad
WhataboutBobWiley
and no one understands economics
poodull
while i am like minded, I cannot abide by no x axis scale markers. fail. also sauce or gtfo.
Wander1236
Yup https://www.marketwatch.com/amp/story/guid/222BBB70-F808-11E8-84A6-E0B25E1938B1
TraitorousTrump3
Screen size cropped it. X axis is years. Source is there, but: https://twitter.com/byheatherlong/status/1070683132792315904?s=21
Wander1236
I think the screenshot cuts it off
alchemist12345
Also consider the base premise. A trade deficit is not a "bad" thing. If you buy more from someone than that someone buys from you, its
alchemist12345
not like you handed him a bag of "free" money. You BOUGHT something, meaning you got something for your money, you bought something you
alchemist12345
needed. Even the premise Trump based his trade war on is false, let alone HOW he was trying to combat it (which is also retarded).
TakWriterOfWorlds
humaneffigy
Trade deficits are an almost meaningless non issue someone pulled out of their ass to trick the uninformed.
ChickenEatingMan
It works for some products but not for everything. United states will stop growing so many soybeans and grow another crop like more corn1/2
FitzChevalric
Say that to the farmers who can't sell their crops now
TraitorousTrump3
Sure, and the coal miners will get new jobs too.
TakWriterOfWorlds
Hey, you can’t suggest things like that. It’ll ruin your chance of getting elected because people don’t like reality.
ChickenEatingMan
Lowering how much it costs to produce steak which in turn helps folks here in the US. All manufactured and spent in the US 2/2
ChickenEatingMan
I dont necessarily support the soybean tariff due to the environmental impact of no crop rotation but this is how it's supposed to work
glovelyday
All of which does nothing for trade deficit & worsens Americans' health, even assuming you are correct in you assumptions, but you're not
CrabOfThePeople
Ya, but what else is the option? You’re saying to just LET china take intellectual tech? Worse part is we give it to them and what?(1)
weirdipedia
Probably a good idea to elect someone who has an idea that does work. I don't know how to fix it, that's why I'm not running.
NotThatDoctor
Economics is more nuanced than one simple switch that you flip to fix things. Hire good people, listen to them, make better policy.
CrabOfThePeople
They take the same tech give it to their own national companies then subsidize the hell out of their products so our companies can’t comp(2)
CrabOfThePeople
Compete there. Not only do we lose the tech we don’t even get to compete in their market. You suggest we do nothing? (3)
ragnarokio
probably should put someone with superior economic ability in charge of the economy
CrabOfThePeople
So your suggestion we put someone with “superior economic ability in charge” has no effect on another country changing their policies (2)
ragnarokio
that may be the case, but i would hope that it could have an impact on the trade deficit.
CrabOfThePeople
So i think you are mistaken about something. We (US) aren’t the ones breaking WTO regulations by subsidizing tech so they sell below cost.
CrabOfThePeople
Thats been in place since george bush the senior. You people are just letting your hate cloud your judgment on something you don’t know(3)
JohnMagneTrane
Could be hate, seeing how much downvote you get. Unless the Chinese are here, downvoting... Free Tibet!
TraitorousTrump3
Well, guess which one *isnt* working.
CrabOfThePeople
Letting them take our tech hasn’t worked. Don’t need to guess we did it for over two decades. I *suggest* you educate yourself on china situ
glovelyday
"Letting them take our tech". Americans entered into contracts willingly. Theft is a different matter. Tariffs won't stop that.
CrabOfThePeople
Yes we entered into those contracts under the *ASSUMPTION *WTO regulations were being followed. One of those involve subsidizing products(1)
CrabOfThePeople
So what do you want us to do? Subsidize our products so we can match aka trade war? Cut off business to china?(trade war) what choices(3)