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If this is a trade war, the United States will win
The Spectator ^ | 1 June 2018 | Daniel McCarthy

Posted on 06/04/2018 12:57:30 PM PDT by detective

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To: econjack

Steel is also a strategic resource. Our nation should NEVER NEVER NEVER be reliant on any other nation for a strategic resource.

Yes there are issues with Union Shops and their negative impact on prices. We have to find a way to alleviate that. There’s not question of that.

At the end of the day, we need to be employing U. S. Citizens to build our strategic resources.

This goes for shipbuilding yards as well.

At then end of Trump’s presidency, it’s my hope that there will be no illegal aliens allowed to work on any of our government / military sites.

I had heard that some of our shipyards were using them. If that’s wrong, this may not be as big an issues as I had thought.


21 posted on 06/04/2018 1:55:18 PM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: logi_cal869

BTW: Thank you. I appreciate your response.


22 posted on 06/04/2018 1:56:06 PM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: central_va

I’ve told you before....... patriotrism is the last refuge of a scoundrel

Patriotism is your only claim the fame


23 posted on 06/04/2018 1:56:28 PM PDT by bert ((K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming))
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To: detective

America can win any trade war given that the US is now energy self sufficient. The risks are Democrats taking control of Congress and China having the patience to outlast Trump and his policies.


24 posted on 06/04/2018 1:57:59 PM PDT by buckalfa (I was so much older then, but I'm younger than that now.)
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To: bert

Traitors hate to be called out. I get it. We can’t let you and your ilk go unanswered anymore. You all are much too dangerous.

Like communism and fascism in the last century, the threat of globalism will be eradicated this century too.


25 posted on 06/04/2018 2:04:02 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: detective

We will simply starting making everything here for our own consumption and export the leftovers. The rest of the world is in for a rude awakening if Americans finally adopt BUY MADE IN AMERICA FIRST BEFORE ANY IMPORT!


26 posted on 06/04/2018 2:34:25 PM PDT by GOPe Means Bend Over Spell Run
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To: Bulwyf

Look up the taxes Canada already has on US goods. Their idea of NAFTA was protecting every Canadian industry/product while screwing us. US Cheese has a 245% markup and US butter 298%. US grain and seed have other laws. US wine and spirits are marked up high and must be totally separated from Canadian. They have to have a dedicated cash register. Even T shirts from the US have an 18% tax. Yes, Clinton and Bush sure screwed us with NAFTA.


27 posted on 06/04/2018 3:19:40 PM PDT by Lumper20
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To: central_va

Between the two of us, you are the only repeated violator of federal law.


28 posted on 06/04/2018 3:31:43 PM PDT by bert ((K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming))
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To: robroys woman
Zhang Fei: Unemployment was at 8% in 1930 when the Smoot–Hawley tariff was passed, but the new law failed to lower it. The rate jumped to 16% in 1931, and 25% in 1932–33.[27]

robroys woman: This also touches on the idea that, if the Great depression was a stick of dynamite, the crash of 1929 was when the fuse was lit. It actually went off in 1932.

A couple things:

- Unemployment spiked at 25% in 32-33, and fell gradually to just under 15% in 1936/37, the jumped back to 20% in '37/38.
- These numbers in no way reflect real employment, as employment rebounds were primarily through reduced work hours, part-time employment, and government jobs.
- The "Great Depression" is a completely unrelated event from the "Crash of 1929."
- The '29 Crash would have been one among many had not FDR's New Deal compacted it into a full-on, decade-long Depression.
- EVERYTHING Roosevelt did entrenched and prolonged the Depression.
- FDR may have alleviated the pain in many cases, but he CAUSED far more pain than he remedied.

Here for the real story by Walter E Williams: Great Myths of the Great Depression"
29 posted on 06/04/2018 3:42:26 PM PDT by nicollo (I said no!)
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To: Lumper20

Ya, NAFTA is a joke I agree.

I just hope Trudeau is brought down hard.


30 posted on 06/04/2018 3:46:46 PM PDT by Bulwyf
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To: DoughtyOne

Much of the problems started with the end of WWII. We bombed the Japanese capital stock into the stone age, but then rebuilt it through various lend/lease programs. Result: The US has continued to use 1890’s technology to produce steel while others have modernized their plants resulting in lower costs. US modernization has been driven by union costs, and protective tariffs/quotas under earlier administrations have made it possible to continue to use outmoded facilities. Hopefully, this new round of tariffs won’t kill the incentive to modernize like it did in the past.


31 posted on 06/04/2018 5:13:56 PM PDT by econjack
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To: econjack

I hope that as well. We have responsibility to do what is right. This shouldn’t allow the idiots to game the day.


32 posted on 06/04/2018 5:21:58 PM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: detective
"Nafta = Giant Sucking Sound"


33 posted on 06/04/2018 5:22:44 PM PDT by TruthWillWin ([MSM])
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To: max americana

So it’s safe to say Canada will be less and less an “ally” as China-rization continues...

Might as well start now with the tariffs.


34 posted on 06/04/2018 6:39:57 PM PDT by JPJones (More tariffs, less income tax.)
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To: TruthWillWin

He WAS right.

I was completely fooled.


35 posted on 06/04/2018 6:40:45 PM PDT by JPJones (More tariffs, less income tax.)
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To: detective

I agree. Negative effects from a trade war could be higher inflation, higher unemployment and weaker GDP.

The Fed, back in the bad old days of the early Obama administration, was fighting the serious issue of Deflation. Their goal was to get inflation up to 2%. We are at about 2.8%....no problem. It’s not high, it’s barely healthy. Unemployment? Gimme a break. We are setting records. Weaker GDP? The Atlanta Fed just raised their estimate of Q1 to 4.8%, up from 4.7%. That is NOT a typo. Thanks to Trumpanomics our country could not be in better shape for a trade fight to obtain fair and free trade.


36 posted on 06/04/2018 6:47:10 PM PDT by jdsteel (Americans are Dreamers too!!!)
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To: bert

“I’ve told you before....... patriotrism is the last refuge of a scoundrel.”

And Globalism is the first.


37 posted on 06/04/2018 6:50:02 PM PDT by JPJones (More tariffs, less income tax.)
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To: JPJones

Count on it. Canadians are inherently anti-American. Why do you think I came here? It’s hard for a piss poor neighbor when the other neighbor is powerful and rich. I was there for 6 months when they burned US flags every day before the invasion of Iraq 2003? Remember those good ole days?


38 posted on 06/04/2018 7:19:30 PM PDT by max americana (Fired libtard employees 9 consecutive times at every election since 08'. I hope all liberals die.)
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To: TruthWillWin

Perot was right. I believe Ross would have won had he not pulled out. Seem to recall it was a threat to his wife?


39 posted on 06/05/2018 1:03:04 AM PDT by Lumper20
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To: detective
The media repeat the fraudulent narrative about a trade war destroying the U.S. economy.

It is simply nonsense.

Yep - but try telling that to some of the folks who don't think they're paying more due to a Three Quarter Trillion (or so) deficit in trade but who are convinced they will go broke because of some leveraging tariffs designed for a long-term solution....

40 posted on 06/05/2018 2:58:49 AM PDT by trebb (Too many "Conservatives" who think their opinions outweigh reality these days...)
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