The 'handout' is equating to more money in our pocket. If anything, thats a worthwhile and intelligent investment. Look at it more as giving them money directly from our profits because that's pretty much the case. I have no qualms giving our own citizens money if we are immediately earning more back in return from outside sources because of that. Subsidizing them prolongs getting the extra tariff money, with the addition that the financial return could turn into something permanent and even more lucrative without any subsidizing needed. In a time of war it's also a reasonable amount that we are giving.. There should be a limit, especially with no immediate verifiable return. For instance-- when you get close to bailing a sector of people out for nearly 100 billion-- especially when they put themselves in the hole to begin with, that's a problem.
So what happens if the consumer bypasses the new product from steel from China and buys it used. Would that make an impact?
Almost every single welfare program equates to money in our pocket. You've seen how much money from those programs goes back into our economy, right? You've seen how tax cuts for the middle benefit the economy more than tax cuts for the wealthy because of how much more goes back into the economy vs. the tax cuts for the rich. The thing is that the money wouldn't need to be given out if not for Tariffs. Or we could have still given out the handouts and not had the handouts and they would have even more money to put into our economy.
that means consumers (those who can afford it) are willing to pay a higher price for the product, applying inflationary pressure
Unfortunately we’ve been spawning mass stupidity the past 20 years in America so I actually believe that a majority of Americans will think that Trumps tariffs actually ended up having something to do with the health of the economy. Lying works in politics folks. There’s a reason why lying dictators have ruled almost every civilization since the dawn of time. Apathy and ignorance are an easy way of life. Let the god King tell me what is right and wrong so I can believe all is right and good in the world and I can just worry about what’s for dinner tonight. Say what you want but Trump understands Americans more than most politicians. That’s why he’s successful at it. Treat every political situation with the assumption that your audience wants to be ignorant about it and lie to them and tell them what is wrong is right. They will choose the lie if it is more convenient for them to get through the day believing it.
wow you're confusing overall deficits with gains in one particular area Ok Are we making more now off of trade in this trade war by subsidizing some markets that China has specifically targeted than we were making previously? Obvious it's a yes. I'll try your flawed tactic in putting words in others mouths: What you are saying is you are against America making more money in trade that could be used to lower the deficit. You don't want the deficit lowered. You ~insert another illogical statement that Franchiseblade would draw a conclusion to that completely misrepresents what's said~
How long has it been since we have had an economy as good as now? What kind of tax cuts did we most recently have? On the topic thats actually discussed. The money given out 'if not for the tariffs' is funded by the money made overall from the tariffs. Heck, we have money to give out and then some from those tariffs. The money we give out due to the Tariffs prolongs the Tariffs so we have more money that we can even potentially use to redistribute for welfare that we otherwise wouldn't have if we didn't have tariffs and if we didn't subsidize those targeted by the opposing side of the tariffs which helps prolong our ability to tariff. Specifically in trade, were winning now against China than we have in the past. It's helping our economy to a large degree, helped make our economy the best it's been & with a bright future than we've had in a very long time.
Not too sharp, are you? Do you think China is the only country in this world who has slave labor rates? There are other third world countries who have seen a manufacture boom due to this. Its not that I agree or disagree with the tariffs, all I implore you to do is take a moment and think before you spatially share a tweet that you put absolutely no thought into (much like 90% of your 'tweet n run' posts) just because you think you agree with it.
We have money for whatever we want to have money for. That was true before and after tariffs. We can spend on anything. The fact of the matter is though, that we also have record level deficit spending. So spending money only adds to that. Once upon a time deficit spending and fiscal responsibility was something conservatives said was important. If that isn't important to you that's fine. I'm actually okay with deficit spending and government incentives when our economy is tanking as it was in 2008. That is when it is sound to spend and give the handouts that will help boost and support our economy. Our economy has actually been strong for years now. That is the time to not give tax breaks, to try and decrease deficit spending if not actually reduce our debt. The strong economy did not begin with Trump. Luckily it hasn't ended with Trump either. That's all the more reason to pay down some of what we owe now. That isn't a reason to screw over farmers and others so that we have to spend federal money to keep them afloat. We wouldn't have to do that if it weren't for Trump's stupid tariffs.
Didn't think this would be such a difficult concept. And its not the first time trump misspoke/miss-wrote (ok, lied) about tariffs. Countries (like china, in this case) do not pay tariffs to the United States (trump's quote: "For 10 months, China has been paying Tariffs to the USA"). What Is A Tariff And Who Pays It? https://www.taxpolicycenter.org/taxvox/what-tariff-and-who-pays-it Does China Pay Tariffs? https://www.factcheck.org/2019/02/does-china-pay-tariffs/ The Real Pain From Trump’s Tariffs Trickles Down to Consumers https://www.bloomberg.com/news/articles/2018-09-28/who-pays-for-trump-s-tariffs
... and... Job Bonanza in Sectors Protected by Tariffs Is Slowing https://www.bloomberg.com/news/arti...iff-threat-comes-amid-signs-job-gains-peaking
... and that trilateral nuclear agreement with china and russia that trump was pushing? china says not so fast... China says it won't take part in trilateral nuclear arms talks https://www.reuters.com/article/us-...lateral-nuclear-arms-talks-idUSKCN1SC0MJ?il=0
Trump needed to buy some cheap stocks so he sent the tweet. When he's ready to sell, he'll tweet how close they are to a trade agreement.
an update, Trump rhetoric---threatening China w another layer of tariff---scared off Asian investors, the Asian stock market tanked ~ 2,5 hours after the Asian market closed the US market open w the DOW down 450
You'd need to define what you mean by Economy. The Stock market is not the economy, jobs numbers that don't include a liveable wage, insurance, retirement plans or pensions are not really significant since the wage earner is still dependent on social benefits, debt growth, credit card student loans and The national Debt are negatives, expansion fueled by tax abatements funded by future tax payers doesn't count the future negative impact. I just don't think Joe Six-pack is making any net worth headway against rising costs for education, health care, debt reduction and real earnings.
