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Business, Economics & Tax Policy 7: Workers of the world unite!

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Re: Business, Economics & Tax Policy 7: Workers of the world unite!

This is really the tip of the iceberg on tariffs. It will result in so much carnage. Its really a mini brexit. Trump and the GOP are waay too confident in the Obama created US economic recovery.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

I wanna see aparch’s library of Flaggy gifs. :D
 
5mn_Major said:
This is really the tip of the iceberg on tariffs. It will result in so much carnage. Its really a mini brexit. Trump and the GOP are waay too confident in the Obama created US economic recovery.
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I’m starting to get a bit worried as my job relies heavily on imports from China.

Of course since some of my coworkers voted for Trump, Scooby and co. will say I deserve it. :rolleyes:
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

Jimjamesak said:
I’m starting to get a bit worried as my job relies heavily on imports from China.

Of course since some of my coworkers voted for Trump, Scooby and co. will say I deserve it. :rolleyes:
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The 21st century is not the 1950s. We will all 'catch a cold' from this.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

FlagDUDE08 said:
It's unconstitutional for the US to tax exports. If other countries want to get all uppity and have import taxes because their globalist regimes don't dare deal with the US, that's their problem. We're not going to cow-tow and surrender to them basically giving away stuff because they've taken advantage of us for years. It's about time they contribute.
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Who said anything about taxing exports?
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

FlagDUDE08 said:
I never made any sort of a claim like that; you're merely projecting what you heard some comedian say that those evil Republicans say onto me. And you know what? If I were a business owner, I'd see the policy of the US as incredibly volatile. And evidently your sources didn't say much about Japan's investment, or even Apple manufacturing.
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No, you just reply to all of Trump's doings with "Are tired of winning yet?" Or you just go with some variation of "Winning", and link to an Alex Jones YouTube video that none of us will click because we're not fools enough to give him the ad revenue.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

The Embargo Act? I know it's probably not covered in the history texts anymore, but way way back when we were told that banning trade with France and England stimulated American business.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

joecct said:
The Embargo Act? I know it's probably not covered in the history texts anymore, but way way back when we were told that banning trade with France and England stimulated American business.
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Not sure if that's before or after the depression. But Smoot Hawley said it all. And today's economy is now far more global and connected than it was then.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

joecct said:
The Embargo Act? I know it's probably not covered in the history texts anymore, but way way back when we were told that banning trade with France and England stimulated American business.
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Well if someone said it before, it certainly must still be true.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

Papa John himself used the N-word on a conference call... and he resigned as Chairman of the Board.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

Everyone needs to descend on Bend, Ore.

@nbcwashington: Alaska's last two Blockbuster video stores are calling it quits, leaving just one store open in the U.S. http://nbc4dc.com/tgYBj7y
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

You need to start watching last week tonight
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

http://www.businessinsider.com/trump-tariff-trade-war-with-china-prices-consumer-goods-2018-7

This was the line that got an audible "holy sh-t" from me.

"The consumer goods subject to the new tariffs together account for almost 6% of the core CPI," he said. "Assuming no supply-chain margin compression — there will be some, initially — that means 10% tariffs would boost the index by up to 0.6%."

A 0.6% increase in the CPI index would be substantial, as it would raise inflation by 0.6 percentage points, or 30% of the Federal Reserve's 2% target.
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Re: Business, Economics & Tax Policy 7: Workers of the world unite!

And inflation's already at its highest levels in some time.
 
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