Posted on 05/14/2019 2:20:31 PM PDT by cba123
As his limo carried him to work at the White House Monday, Larry Kudlow could not have been pleased with the headline in The Washington Post: "Kudlow Contradicts Trump on Tariffs."
The story began: "National Economic Council Director Lawrence Kudlow acknowledged Sunday that American consumers end up paying for the administration's tariffs on Chinese imports, contradicting President Trump's repeated inaccurate claim that the Chinese foot the bill."
A free trade evangelical, Kudlow had conceded on Fox News that consumers pay the tariffs on products made abroad that they purchase here in the U.S. Yet that is by no means the whole story.
A tariff may be described as a sales or consumption tax the consumer pays, but tariffs are also a discretionary and an optional tax.
If you choose not to purchase Chinese goods and instead buy comparable goods made in other nations or the USA, then you do not pay the tariff.
(please see full article, at the link)
(Excerpt) Read more at cnsnews.com ...
My problem with this command and control stuff is that the ideologies that employ it: Nationalism, Socialism, Communism always assume that they know what is best for everyone country and the time period in which the plan will come together.
People don't live, buy food and pay bills in the long run. And someones desire for less expensive goods today is no less valid that someone else's desire for a different job in three years.
Buchanan was probably the loudest paleocon voice speaking out against the ascendant neocons. They simply tarred him as an anti-Semite to dismiss his arguments.
Free Trade advocates never factored in the mobility of labor in the modern age, which makes International Free Trade a race to the bottom. Intra-national free trade is favored.
Living here would be a good start.
A lot of that going around these days, too.
They will have a tough time making up $650 billion they lose to the US.
I voted for him in the Presidential rlection. The opposing side kept saying Pat was an isolationist and that it would hurt the country. Then, when he lost, the winners sold America to the highest bidder. Now Trump’s trying to bail us out of the mess the demonrats got us into.
Wrong. Are you economically illiterate, or is your TDS making you insane?
Is Kudlow economically illiterate, deranged and insane?
Hehe.
Yes, but I am American, and I voted for Trump. Flew back there, to do so, in fact.
:D
You say one thing and do another. You’re a hypocrite.
Ludlow is mistaken. He should know better.
He does know better... than Trump
Pat can be pretty good when he’s not obsessing over Israel. I actually have a copy of his tariff book (I forget the title, unfortunately).
Not Kemp. I never did like him and my perception of that AH proved 100% correct just a couple years later. No? And back during those years, pro life was not an issue for me, based on the fact that’s when the big illegal waves of millions were flowing into S. CA, literally taking it over, eventually all but destroying it.
I would tend to agree with that. The liberals I knew thought Pat was like kryptonite. “Isolationist” was early dog whistle analogue for “Nazi”, going all the way back to Charles Lindbergh, who inspected German air force capabilities under orders from the US government. He was not in favor of the US getting involved in yet another European war. Nobody else was either, after the debacle of the first one. “Xenophobic” is another, I heard someone in Europe use “Provincial” in what I assume is meant in the same way.
I think it represents reason 4,672 why you got Trump. The Republicans seemed to always champion overseas adventures (though Democrats are no slouch in this regard) and cast aspersions on anyone who protests to the usual lecture on how we mustn’t “withdraw” from the world stage and other non sequiters.
So we’re left with one party that demands no borders on our own country and the other that wants us patrol everyone else’s on our own dime, while everything falls apart.
The disconnect between what the “experts” and politicians claim and reality on the ground became too much to take anymore. Setting up the “Bush Clinton Round 3” was a bit much, we’ve seen this movie before. It’s said that people go crazy en masse, but only come to their senses one at a time. Maybe, I think the leftists and their lunacy are remnants of the past, not the future. They riot for the status quo, which is a pretty neat trick if you think about it. But they represent the failed policies of the past. Ironically globalism may be their downfall, it just became too unmanageable, too unwieldy, to try and keep a lid on all their failures as was possible in the past.
Notice the near fever pitch to censor and deplatform anyone not towing the Party Line in the public realm today. Those are not the actions of confident, trustworthy or honorable people.
“Knew this was coming sometime when at a Department Store two displays of Blue Jeans were side by side. One ‘Made in the USA’ price $39.99 the other ‘Made in Mexico’ $19.99. The $19.99 display was barren because consumers didn’t care where they were made as long as they could get a lower price. Damn the consequences.”
OK, but let’s use China as an example. The Federal government doesn’t borrow money from Mexico, but it borrows money from China, at interest. And then gives it to Mexico, but I digress.
The government then gives money to some of the 90 million people who are “on government benefits”. Why are they on “benefits”? Because they don’t have a job! The whole thing is bugnuts crazy. What we’re seeing is the government borrowing money, much of it from China to buy Chinese goods. The principle might never get paid, but you can bet your last can of Beans they’re on the hook for timely interest payments on that debt. Once the interest payments become too large, it’s Game Over.
Do you see how this arrangement would cause problems quickly? America is being hollowed out, as was the plan from the beginning. None of this is secret or conspiratorial, every bit of ot is well documented from primary source documents, they told us way back then what they wanted to do, how they planned to do it, and, surprise, they are doing it.
Logistically, the importer.
‘Buchanan was probably the loudest paleocon voice speaking out against the ascendant neocons. They simply tarred him as an anti-Semite to dismiss his arguments.’
He did sound just like Ms. Omar regarding Congress being in the hands of Israel...he kind of brought it on.
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