4 replies to this topic

[UncleVinnys]

Trumps short-sighted trade war policies:      

 - Americans worried:

 

https://www.nytimes.com/2018/04/06/business/us-china-trade-endgame.html

As the United States and China exchange increasingly antagonistic trade threats, American Business leaders, farm groups, and some economists
worry that President Trump might be going too far.

 

 

 - China, fighting back, would hurt farmers, states that voted for Trump.
 - Soybeans, corn are first targets.

Chinese retaliation to Trump tariffs would hit Ohio hard

https://www.cincinnati.com/story/money/2018/04/05/trade-war-chinese-retaliation-trump-tariffs-would-hit-ohio-hard-five-things-know/486051002/

 

 

 - Stock market dropping . . .

 

                      

 

 

[UncleVinnys]

Dow drops 572.

Every economist agrees: Trade wars hurt both sides.     

Trump: "I never said there wouldn't be a little pain."

 

This is your hero??  

[Chris]

I always love when the leftist, socialist, communist economy, minimal income types start pissing and moaning about economics and the economy...........   Where were you in the last 8 years of the "obama" economy, where we moved sideways, had no growth, no job creation other than the minimum wage jobs........    Seems you were silent these last 8 years under your POUTUS....?  Were you in a coma and just woke up after 8 years or did your liberal bias just come alive since Trump was elected your POTUS....?    So funny...!   You crack me up Tio....!   Chris

[UncleVinnys]

Funny how memory can be so selective.

Maybe some have forgotten that Bush left the presidency with the US and the world economies on

the brink of total collapse, that he asked for TRILLIONS of dollars to bail out the banks that

were responsible for rampant fraud. This was followed by Obama saving the economy,

saving the US auto industry, restoring sound financial practices, and returning to positive growth.

Obama was a literal savior. 

That's not a "bias" - but a statement of fact.

 

Trump now rolls back the banking regulations were designed to prevent another disaster.

He screws his own Mother Earth to make another penny for the oligarchs who rape the environment.

 

Funny that Turnip has fabulous wealth, incredible fame, deep hedonistic pleasures, unchecked political power,

and yet he is bitter, afraid, paranoid, and miserable to the core

- all because he is spiritually and morally bankrupt.

 

Raise you hand if this is someone you admire, ha, ha!    

[Who_Do_You_Trust]

Trump is playing with fire here.  He has no finesse, no awareness of the subtleties, and no understanding of global economics.  Instead, he's rattling markets, investors, and playing checkers with a large number of jobs in this country.  Jobs in the states that got him elected.

 

I am more convinced every day that he's pulling these stunts to be certain that he doesn't get reelected in 2020.  He hates his job, can't exercise the total control he could in the business world, and may finally be realizing that he has no clue on how any of this works.  He'll do whatever it takes to avoid another four years.  Even if it means he takes the country down the tubes with  him.  He's no stranger to bankruptcy.

 

The bottom line here is that Trump is playing a game of "My D*ck is Bigger than Yours" with other countries on the tariff issues.   And according to Stormy Daniels, he's not equipped to play this game.