April 2nd Reciprocal Tariffs

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Assassin
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boognish_bear
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Assassin
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Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
Assassin
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Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
nein51
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Assassin said:



This is the first interesting news from these tariffs
ATL Bear
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Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.
Assassin
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ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.
Trump doesnt care about the politics, the news cycle or anything in that realm. He's actually trying to save us from what Joe Biden did to this country. We were about to go into bankruptcy and needed a major reset.Trump is exactly where he needs to be at exactly the right time
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
ATL Bear
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Assassin said:

ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.
Trump doesnt care about the politics, the news cycle or anything in that realm. He's actually trying to save us from what Joe Biden did to this country. We were about to go into bankruptcy and needed a major reset.Trump is exactly where he needs to be at exactly the right time
The most trained parrot of all.
BearFan33
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ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.
It's chaotic for sure. Buy the dips and sell the rallies.

Decoupling from China was always going to be difficult but had to be done.
Frank Galvin
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Assassin said:

ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.
Trump doesnt care about the politics, the news cycle or anything in that realm. He's actually trying to save us from what Joe Biden did to this country. We were about to go into bankruptcy and needed a major reset.Trump is exactly where he needs to be at exactly the right time
What Trump cares about is ratings. The twists and turns are not a bug, they are a feature. Actually, the feature.
Waco1947
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ATL Bear said:

BearFan33 said:

boognish_bear said:


Robots may be able to fill that gap. Apple could build that here. But we will see.
Automation is the only solution. Problem is we don't have the volume of engineers and technicians necessary to pull it off yet. The skill gap is the real time lag for execution. Maybe redirect the department of education to this function and include not just students, but adult job skill training.
Agreed
Waco1947 ,la
Waco1947
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J.R. said:

ScottS said:

J.R. said:

just stupid and foolish. All you Trumpians want prices to increase. It is painfully simple. Tariffs are a tax on the consumer, period. Yall can rationalize any way you want. Bad for Mercans. He will blink again. He's getting a ton of heat.
First, don't call me stupid. I am a Baylor grad. Next, don't think for me. Nobody wants prices to increase.
I didn't call you stupid. Just cuz you are a BU grad as I am (undergrad) hardly makes one smart. I know lots of BU folks who are brilliant and plenty who are not.
You called his ideas stupid not him. There is a difference.
Waco1947 ,la
FLBear5630
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Assassin said:

ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.
Trump doesnt care about the politics, the news cycle or anything in that realm. He's actually trying to save us from what Joe Biden did to this country. We were about to go into bankruptcy and needed a major reset.Trump is exactly where he needs to be at exactly the right time
Nobody is arguing what you guys are saying. I don't think there is ANYONE on here that agrees with Biden or that the spending has to stop.

What people are questioning is the clown show in execution. This has been a disaster in execution. They had 4 years to plan this and even supposedly had a plan. Yet, everyday there is another clarification on what was said yesterday. You have tweets flying all over. And Trump is attacking anything that moves.

He needs to calm down and work on how they want to what they are doing. Slamming EOs and Tweet statements is not it.
FLBear5630
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Waco1947 said:

ATL Bear said:

BearFan33 said:

boognish_bear said:


Robots may be able to fill that gap. Apple could build that here. But we will see.
Automation is the only solution. Problem is we don't have the volume of engineers and technicians necessary to pull it off yet. The skill gap is the real time lag for execution. Maybe redirect the department of education to this function and include not just students, but adult job skill training.
Agreed
We need to by-pass the last tech and move to the next. We will NOT catch up to China in manufacturing under the present tech, so invest in the next and force the paradigm shift. I am not sure Trump has anyone that will push the envelope in that direction. The one guy who thinks that way and has influence is running around with a chain saw and more concerned with X than new tech. Musk seems to have lost his old visionary skills and is in protecting what he has.
The_barBEARian
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ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.

Imagine the rise in cost of living if the US ever found itself at war with China or India and we have zero control over our supply chains.

A rise in cost of living is worth it if it strengths national security and the future of the nation.
ATL Bear
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The_barBEARian said:

ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.

Imagine the rise in cost of living if the US ever found itself at war with China or India and we have zero control over our supply chains.

A rise in cost of living is worth it if it strengths national security and the future of the nation.
Imagiine thinking we don't already build our weapons domestically. Ironically we are a net exporter to the world of military equipment. And I agree we should do more, Let's build more naval ships, let's manufacture more tanks, fighters, missiles, etc. But people keep saying we have to curb the MIC and gut the DoD. You can't have both because it's a very narrow customer base.
Assassin
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Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
The_barBEARian
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ATL Bear said:

The_barBEARian said:

ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.

Imagine the rise in cost of living if the US ever found itself at war with China or India and we have zero control over our supply chains.

A rise in cost of living is worth it if it strengths national security and the future of the nation.
Imagiine thinking we don't already build our weapons domestically. Ironically we are a net exporter to the world of military equipment. And I agree we should do more, Let's build more naval ships, let's manufacture more tanks, fighters, missiles, etc. But people keep saying we have to curb the MIC and gut the DoD. You can't have both because it's a very narrow customer base.

I'm not talking about tanks and missiles.

I am talking about antibiotics and computer processors.
Waco1947
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What is MIC?
Waco1947 ,la
Oldbear83
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Waco1947 said:

What is MIC?
Military Industrial Complex
That which does not kill me, will try again and get nastier
Mitch Blood Green
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https://www.ft.com/content/3b101afd-b51c-4d64-ba2f-45ad4590e819
boognish_bear
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nein51
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Look for the curve. We have been in recession for a while.
Oldbear83
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boognish_bear said:


That and $8 will get you a coffee from a Barista with the same level of Economic knowledge as Gasparino.
That which does not kill me, will try again and get nastier
boognish_bear
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ATL Bear
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The_barBEARian said:

ATL Bear said:

The_barBEARian said:

ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.

Imagine the rise in cost of living if the US ever found itself at war with China or India and we have zero control over our supply chains.

A rise in cost of living is worth it if it strengths national security and the future of the nation.
Imagiine thinking we don't already build our weapons domestically. Ironically we are a net exporter to the world of military equipment. And I agree we should do more, Let's build more naval ships, let's manufacture more tanks, fighters, missiles, etc. But people keep saying we have to curb the MIC and gut the DoD. You can't have both because it's a very narrow customer base.

I'm not talking about tanks and missiles.

I am talking about antibiotics and computer processors.
I'm with you on semiconductors and certain pharma. But you should know we still produce a good amount of pharma here. Regardless, tariffs don't bring those back. Other approaches can, like investment in upskilling, plant support, R&D and innovation.
boognish_bear
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Apparently that will be a $2.5 billion hit to US beef industry

Assassin
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Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
FLBear5630
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ATL Bear said:

The_barBEARian said:

ATL Bear said:

The_barBEARian said:

ATL Bear said:

Even if you are Trump's biggest fan, and if you believe in the need for economic realignment or stronger trade enforcement, can any of you not at least acknowledge the erratic, unpredictable nature of these efforts? The harm inflicted on bond markets and borrowing costs? The arbitrary picking of tariff winners and losers? The economic volatility being stoked without any clear roadmap for resolution?

Businesses, the same ones we want to invest, hire, and build in America, aren't operating in a vacuum. They're operating in a climate where their supply chains are and will continue to be disrupted or taxed on a whim, where trade policy shifts overnight, and where geopolitics is being used like a reality show plot twist. How exactly are companies supposed to plan multi-year investments, expand production, or hire workers in that environment? We've already seen them hesitate or delay precisely because of this unpredictability. And the much touted "Trillions of investment in the U.S." being paraded on the talk shows? No one is putting pen to paper on those plans until this is settled.

What continues to amaze me in this conversation is the sheer number of contradictions embedded in this approach. Contradictions that aren't just theoretical, but they break down in the real world.

We're told tariffs will both raise revenue to offset income tax cuts and drive down imports. But basic economics says you can't have both. If tariffs "work", and consumers stop buying foreign goods, then the tax revenue dries up. And if consumers don't stop buying foreign goods, you're simply raising their cost of living to fund government spending. Not to mention how this conflict plays out with shifting manufacturing. That's not strategy, that's regressive taxation dressed in a populist flag.

We're told we want foreign companies to build here, but depending on who's speaking for Trumpworld, that's either a brilliant win for American jobs or somehow proof that foreign influence is invading domestic industry. Which is it?

Strong economies don't thrive on improvisation. They thrive on stability. And what we're experiencing right now isn't a strategy designed to strengthen the U.S. economy for the next generation. It's a political tactic designed to win a news cycle. And there's a world of difference between the two.

Imagine the rise in cost of living if the US ever found itself at war with China or India and we have zero control over our supply chains.

A rise in cost of living is worth it if it strengths national security and the future of the nation.
Imagiine thinking we don't already build our weapons domestically. Ironically we are a net exporter to the world of military equipment. And I agree we should do more, Let's build more naval ships, let's manufacture more tanks, fighters, missiles, etc. But people keep saying we have to curb the MIC and gut the DoD. You can't have both because it's a very narrow customer base.

I'm not talking about tanks and missiles.

I am talking about antibiotics and computer processors.
I'm with you on semiconductors and certain pharma. But you should know we still produce a good amount of pharma here. Regardless, tariffs don't bring those back. Other approaches can, like investment in upskilling, plant support, R&D and innovation.
upskilling, plant support, R&D and innovation

I agree, Workforce Development is huge. Also, the piece to this puzzle that no one talks about is the State and Local piece. The Feds have little to do with Plant and HQ re-siting. Locals do. Are you guys ready for State and Local sweetheart deals to get these facilities? Trump doesn't tell them where to go, he doesn't direct Apple or Tesla go to Texas. He can't give them deals in Texas.

So, are you guys prepared for a shift in Government spending to the State and Local control. The overall "Government" spending is not going to change, the decision-making will. So, are you good with large block grants to the States and State legislatures deciding the winners and the losers. Because that is where this is going.

I get into a "discussion" with a friend of mine over Federal spending. He uses the Erie Canal veto as the basis that pretty much everything is unconstitutional. He worked 20 years for the Feds and doesn't trust DC at all because it is all political. Over a beer I agree with him, in practice that is not going to help get anything done in the Nation. This is the system that is in place, if you think that this knee jerk firing, cancelling and tariff-fest is going to help us compete with China or the rest of the world. We are in trouble. We are just gutting the system of anyone with any talent and jacking up prices.
Waco1947
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We may produce a good number of pharmaceuticals here but that production has not brought down costs. Congress is at fault.
Waco1947 ,la
FLBear5630
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Waco1947 said:

We may produce a good number of pharmaceuticals here but that production has not brought down costs. Congress is at fault.
Congress is too interested in their own Investment Portfolios.
boognish_bear
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Mothra
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boognish_bear said:


More unintended consequences.
FLBear5630
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boognish_bear said:


Now they have to finish them. Getting them to the table is great, now "Finish". What is the outcome of these deals? How are we better off based on them? What protections to IP are in place now? How about some answers, not just sound bite tweets.

Will they tell us as they finish them up? I am talking the big boys, not Madagascar Vanilla...
nein51
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Mothra said:

boognish_bear said:


More unintended consequences.

That's factually inaccurate. Recession was coming one way or the other.
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