U.S. Politics

[newtovillagelife]

The Cry Babies of Siam and the professional media have claimed for two years that tariffs would lead to higher prices for US consumers. I have said for that same time period that US self-sufficiency would negate that impact.

The Bureau of Economic Analysis has released year-over-year data that reflects a DECLINE in import prices by 1.5% from the time tariffs went into effect.


us imports.jpg


If you care so much, go read their damn report and educate yourself. Hint: you'll find it in US Bureau of Labor Statistics. Happy researching.

US fuel and energy costs, driven downward by America's increased exploration and production of its own oil and gas resources, has improved America's position considerably. The US is now the largest exporter of energy in the world.

Countries targeted by Trump's tariffs are attempting to subsidize their affected industries and also devaluing their currency. All of these actions are contributing to deflation and economic hardships in those countries.

So the next time the CBoS cheer for Trump failure, understand that his tariffs are working so well that countries are devaluing their currencies at the expense of the currency exchange markets.

Agree to free and fair trade, and the tariffs will be lifted and currencies will be less volatile and less risky.

Importers pay the tariffs, period. If the tariffs persist, and are increased, consumers will suffer, and or, US companies will profit less, sending the market into a tailspin.

[glalt]

The only platform the democrats have is the hate platform and that isn't going to win any elections. Biden is the only candidate that would give Trump a race and he won't get the nomination unless he caves in and goes with the loony left. That IS likely to happen.

If the democrats would build a logical platform and start doing the job they were elected to do, they would be much further ahead. They are too stupid to see that even if they could draw up articles of impeachment, it would never get past the senate. All they are accomplishing is obstructing everything that republicans agree with. We have a useless congress.

[Lone Star]

Joe Biden -- back in 2016 would have been a formidable candidate, but he's lost more than a step. Sleep, creepy, flippy-floopy. He doesn't stand for anything anymore -- except the things that the modern socialist hates. And then Sleepy Uncle Joe shifts gears -- manually -- and changes his philosophy of decades.

Polling with a lead of 30-32% among Dems, one must remember that 68-70% are choosing someone else. Eighteen months away from the general election, and lots can happen. In Sleepy Joe's case, I predict that the debates will be the end for him -- not so much because of the dogpile on him and his ideas from the past, but because he isn't very light on his feet anymore. He can't keep up. He'll stumble and fall.

If Sleepy makes it through the debates, it'll be because he lurches further left than the rest of them; but then what? Now he's got to try to win a general election in the United States -- not a primary election in the Democrat Socialist Party.

So what does that leave? Almost two dozen other candidates with no plans for improving on the economy, improving on how to cut the deficit (they all want to spend more), making ALL Americans' lives better without penalizing any Americans to do it. And don't forget: NOT ONE DEMOCRAT voted for Trump's tax cuts -- for more Americans to be able to keep what they earn.

The election will be a choice between The Constitution/Free Enterprise/Individual Liberty vs socialism. There are more Americans employed today than at any time in their history. Does anyone think those wage earners want to be taxed more than they are already burdened and lose all the gains that have been made? I doubt it.

[Lone Star]

[TJ]

This might bring a chuckle. "President Donald Trump released a hilarious video on his Twitter account on Friday that essentially declared himself to be president forever, in what is a giant troll aimed at the media and the Democratic Party.

The video features a cover from TIME Magazine that shows Trump campaign yard signs lasting well beyond 2020. The video then alters the cover to show the campaign campaign yard signs extending thousands of years into the future while “In the Hall of the Mountain individual” from Peer Gynt, by the Norwegian composer Edvard Grieg plays in the background."

https://sonsof1776.com/2019/06/22/trump ... -explodes/

[Lone Star]

Do you really have to try and wind him up again It's been so peaceful

Where is Lone Star.. Did he pass away... I kinda miss his antics

Oh, you really did miss me!

I come back, and now you want to silence me again. You're such a tease.

[colt1911]

Welcome Lone Star. I missed you man!!

[joudon]

Yes LS welcome back, you at least do not present yourself as a God.. Your detractors respond "" your comments are lies" mine are true.''' from Wessex man and his corporal mate.

[Lone Star]

Thanks, Colt and Joudon!

The sabbatical was wonderful, but good to be back.

Appreciate the hat tip.

[Zico]

The Cry Babies of Siam and the professional media have claimed for two years that tariffs would lead to higher prices for US consumers. I have said for that same time period that US self-sufficiency would negate that impact.

The Bureau of Economic Analysis has released year-over-year data that reflects a DECLINE in import prices by 1.5% from the time tariffs went into effect.


us imports.jpg


If you care so much, go read their damn report and educate yourself. Hint: you'll find it in US Bureau of Labor Statistics. Happy researching.

US fuel and energy costs, driven downward by America's increased exploration and production of its own oil and gas resources, has improved America's position considerably. The US is now the largest exporter of energy in the world.

Countries targeted by Trump's tariffs are attempting to subsidize their affected industries and also devaluing their currency. All of these actions are contributing to deflation and economic hardships in those countries.

So the next time the CBoS cheer for Trump failure, understand that his tariffs are working so well that countries are devaluing their currencies at the expense of the currency exchange markets.

Agree to free and fair trade, and the tariffs will be lifted and currencies will be less volatile and less risky.

A lot of that sounds like advocating Communism. It requires absolute government control of the economy for a country to do what you've suggested.

The complete opposite of conservative American strategy for the last 100 years to spread capitalism.

The Orange sex offender doesn't understand capitalism or international trade and neither do you.

[Zico]

Could the Orange conman change the Presidential term limits?

Other autocrats have done so.

He's shredded every part of the US Constitution which has stood in his way so far.

President for life. Why not?

[TJ]

Could the Orange conman change the Presidential term limits?

Other autocrats have done so.

He's shredded every part of the US Constitution which has stood in his way so far.

President for life. Why not?

While I believe that I have been keeping abreast of the U.S. political scene, I do not recall any fact or event that demonstrated where President Trump did something in his office that was clearly unconstitutional. Could you offhand name two such unconstitutional acts. And no media false news please. Thanks.

[trekkertony]

Welcome back LS

[Lone Star]

Welcome back LS

Thanks, trekkertony! Good to be back.

[Lone Star]

Could the Orange conman change the Presidential term limits?

Other autocrats have done so.

He's shredded every part of the US Constitution which has stood in his way so far.

President for life. Why not?

While I believe that I have been keeping abreast of the U.S. political scene, I do not recall any fact or event that demonstrated where President Trump did something in his office that was clearly unconstitutional. Could you offhand name two such unconstitutional acts. And no media false news please. Thanks.

Good luck on getting a coherent response -- if any response at all. He has a strict aversion to explaining himself. He prefers all the innuendo, and here lately, he likes to tag everything (without specifics) as being communist.

[pal52]

The only ones who are winning are the Shareholders & CEO,s of the big Corporations.
Not the average citizen.

https://www.theguardian.com/commentisfr ... ping-trump

[Lone Star]

Word is coming out of economists and the news media that the total stock market is nearing its best performance in 50 years, and the DJIA is nearing its best performance in almost 80 years.

The markets, despite losing some gains, are still up over 45% (almost 50%) since Trump took office.

STEADY WINNING.

Well, it has happened.

The Dow Jones Industrial Average is currently on pace to record its strongest June since 1938. Similarly, the S&P 500 is on track to match its best June since 1955. Month-over-month data shows that the Dow is up by 7.8% and the S&P 500 7.3%, respectively, according to Fortune magazine.

STEADY WINNING.

[Lone Star]

Every retirement fund in the US has investments in the stock market. Every 401k has investments in the stock market. Many individual IRA accounts have investments in the stock market. Every successful and publicly owned business has employees who benefit from the stock market. Every business that benefits from the stock market expands, hires new employees, promotes employees and improves products and services for consumers. As business profits increase, salaries increase, tax revenue also increases. As capital gains from the stock market increase, tax revenue also increases.

Wall Street and Main Street both STEADY WINNING.

History repeatedly shows that wars bring economies OUT of economic decline. The intellectually dishonest say that Trump's economy isn't really good and that it's all a Trump lie. Those same intellectually dishonest make the claim that Trump engaging in a war with a 4-decade sworn enemy to the US will tank the economy.

So which is it?

If they think it will tank the economy, they must be admitting that Trump's economy is great.

Can't have it both ways.

Cognitive dissonance comes to mind.

Trump Derangement Syndrome has caused people to abandon long-held beliefs in the quest to GET TRUMP.

[pal52]

China isn’t the reason half of America hasn’t had a raise in four decades. The simple fact is Americans cannot thrive within a system run largely by big American corporations, organized to boost their share prices but not boost Americans.

Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. He is also a columnist for Guardian US

You keep posting nonsense which I actually think you believe.
What are your comments on Robert Reich article.
Is it commonsense or is it fake news which you will probably say it is.

https://www.theguardian.com/commentisfr ... ping-trump

[Lone Star]

I'm not here to debate anyone -- or to discuss one of Reich's continuous streams of articles and economic theories. I'm very familiar with him. I've read/heard quite a bit and quite enough from Robert Reich to know that he is not a capitalist. Plus, it's one of his "opinion" articles and labeled as such.

Robert Reich was in government for years. Why the hell didn't anyone listen to him and use his theories to fix it when he was there giving advice? (That's a rhetorical question.)

Reich talks a lot, teaches and writes a lot of books. He has no real world business experience APPLYING any of his theories to show any level of success. He is an author, educator, theorist and demagogue. If Reich had been successful, he would be somewhere other than Cal-Berkeley -- one the more leftist universities in the US. I respect his service and his exceptional level of education. I don't agree with him on much of anything. There are communists and subversives who hate America and have more education than I possess, but I don't agree with them either. Education alone doesn't make one's ideas good or best.

What I have posted in the last several weeks in THIS thread (even more so in the last 48 hours) is factual. What some choose to call "nonsense" because they don't like it and want desperately for Trump to fail, is happening and unfolding right in front of everyone's eyes and proving all the economic alarmists to be dead damn wrong. They are confounded by the continued success of the US economy -- especially when the economies of most of the rest of the world are heading south. Gee, I wonder why that is?

There are none so blind as those who refuse to see.

Here's wishing a relaxed and peaceful evening to all.