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How to Pay for the COVID-19 Economic Loss (There is an easy way to do this)

Posted on 03/21/2020 5:22:59 AM PDT by Red in Blue PA

With China covering up Covid-19 and not getting the word out to the world, they should pay a long-term price for destroying economies and lives.

President Trump should get together with other nations hit hard by this virus (European countries, Japan etc) and have all agree to slap a 50% tax on everything exported from China. That tariff will pay for the bonds issued to jump start the economies.

China needs to pay for what they have done this time and cannot be given a pass. This was 100% preventable but China CHOSE not to do so.


TOPICS: Business/Economy
KEYWORDS: china; coronavirus; covid19
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1 posted on 03/21/2020 5:22:59 AM PDT by Red in Blue PA
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To: Red in Blue PA
Unilaterally, just tell China that their bonds have been "Paid in Full"!

Go pound rice!

2 posted on 03/21/2020 5:27:11 AM PDT by Aevery_Freeman (So, Wuhan China had a Bio-weapons Lab...who knew?)
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To: Red in Blue PA

I think no matter what is done at this point, the likelihood of a shooting war within the next decade went up by quite a bit.

War isn’t an instant response to a situation usually, like in the movies.

It is desperation and poverty and hard times and deaths built over years until it all explodes.

Or everything will be back to normal in six months.

Who knows?

I like the idea though. But everyone will point to countries being warned way back about it and ignoring it and in retaliation China could devastate a tremendous number of American companies.


3 posted on 03/21/2020 5:28:18 AM PDT by dp0622 (Radicals, racists my curseoint fingers at me I'm a small town white boy Just tryin to make ends meet)
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To: Red in Blue PA

Deficit? What deficit?


4 posted on 03/21/2020 5:29:41 AM PDT by Bitman
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To: Red in Blue PA
This was 100% preventable but China CHOSE not to do so.

A true statement among all of the disinformation.

5 posted on 03/21/2020 5:29:50 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

And the ChiComs may be guilty of far more than just a coverup...


6 posted on 03/21/2020 5:31:21 AM PDT by mewzilla (Break out the mustard seeds.)
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To: Red in Blue PA

Art of the Deal. I suspect Trump is going to extract some reparations if they ever want to sell anything here again.


7 posted on 03/21/2020 5:31:46 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: dp0622

THIS is the time to act, as EVERYONE is pissed and would support this action even if it might lead to short term pain.


8 posted on 03/21/2020 5:32:12 AM PDT by Red in Blue PA (Fascism and socialism are cousins. They both disarm their citizens.)
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To: Red in Blue PA

Agreed. And it would be fun to see the msm and dems and especially any asian msm or dems go insane :)


9 posted on 03/21/2020 5:33:16 AM PDT by dp0622 (Radicals, racists my curseoint fingers at me I'm a small town white boy Just tryin to make ends meet)
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To: dp0622

> I think no matter what is done at this point, the likelihood of a shooting war within the next decade went up by quite a bit. <

Agreed. I am in favor of slapping a tariff on Chinese goods - and seizing their Treasury bonds - to help pay for the mess they have created.

But then China would have no reason not to try to seize Taiwan. The restraints would be gone.


10 posted on 03/21/2020 5:41:04 AM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: dp0622

I’m getting an uncomfortable feeling about the continuing Chicom propaganda. They realize other than getting a pass from the useful idiot left, they will have a price to pay for their actions. Right now the Chinese are in the strongest position vis a vis the rest of the world that they will ever be. Now is the most opportune time for the Chinese to make a move regionally or globally. Assuming Trump is re-elected, the Chicoms surely know their time of reckoning (Trump’s reaction) is coming. Dangerous time.


11 posted on 03/21/2020 5:41:17 AM PDT by hardspunned
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To: Leaning Right

And things would get ugly fast.

They may anyway.

I guess good signs are China apologizing to that doctor’s family and trying to help other countries with masks etc.

I know it’s not out of pure love :), but it shows maybe they don’t want that confrontation to happen


12 posted on 03/21/2020 5:42:41 AM PDT by dp0622 (Radicals, racists my curseoint fingers at me I'm a small town white boy Just tryin to make ends meet)
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To: hardspunned

Agreed across the board.

I wonder if their military is suffering in any significant numbers from the virus.


13 posted on 03/21/2020 5:44:21 AM PDT by dp0622 (Radicals, racists my curseoint fingers at me I'm a small town white boy Just tryin to make ends meet)
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To: Aevery_Freeman

Great idea. Why should we pay trillions to resurrect our economy, which they will profit from? They must be punished for releasing these plagues on other nations.


14 posted on 03/21/2020 5:47:46 AM PDT by txrefugee
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To: Red in Blue PA

I agree. China needs to pay. We can’t have them doing this to the world every few years.


15 posted on 03/21/2020 6:01:14 AM PDT by ncpatriot
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To: Red in Blue PA

China makes the stuff that Apple and Amazon sells and the drugs and drug chemicals that keep millions of Americans alive.

We can’t afford to upset Chinese leaders now.

MAGA


16 posted on 03/21/2020 6:05:36 AM PDT by Brian Griffin
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To: Red in Blue PA

Bad acts have consequences.


17 posted on 03/21/2020 6:09:15 AM PDT by ptsal ( Bust the NVIA)
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To: Red in Blue PA

I refuse to let Americans forget what has happened due to communism. I cannot let the promotion of socialism and communism go unchallenged. I will no longer be pleasant and quiet, and simply smile when someone threatens our Republic! I am an attack dog now!


18 posted on 03/21/2020 6:12:05 AM PDT by OldCountryBoy (You can't make this stuff up!)
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To: mewzilla

They tried to create chaos to beat Trump!


19 posted on 03/21/2020 6:15:40 AM PDT by AndyJackson
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To: OldCountryBoy

America and the world needs to reduce its dependency on China. Americans need to reject the tyranny as best they can, with their vote, with their dollar, with their investments... It has never been more clear as to what the CCP is. Tariffs, fine. But behavior and ideology is critical.

I know that I have been passively complicit. Not any more!

Sorry for the rant, but be warned that I am not going to stop ranting.


20 posted on 03/21/2020 6:22:35 AM PDT by OldCountryBoy (You can't make this stuff up!)
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