I didn't say that the Fox poll was correct. You cite Zogby for the proposition that Trump's support is generally underestimated (in which case, of course, you believe it); but then you say that you only cited it as an oddity (in which case, of course, it's just a curiosity, something to point at as you drive by, and you don't believe it). Which one, Lone Star?
U.S. Politics
Re: U.S. Politics
Re: U.S. Politics
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New poll in the State of Wisconsin created by Crooked Media and Change Research.
Trump is polling 5% better than he was when he won the state in 2016. As with most polls regarding Trump and the specific efforts in the economy, Trump gets high marks.
I didn't research the rest of the poll. I'd bet that he's underwater in every other category.
Trump's efforts to improve Main Street has put him in a position to gain more votes from both Independents and Democrats. Despite the pearl-clutching of Democrats and some Independents over his way of doing things, those voters who believe in Free Enterprise and Individual Liberty are going to be turned off by the high-tax, give-aways of the socialist left Democrats running for POTUS.
One thing is pretty certain. Democrats are going to have a tough time getting Trump voters to switch if they keep doxxing donors, threatening violence and using other intimidation tactics, calling all Trump supporters Nazis, racists, deplorables and irredeemable. That especially doesn't play well with any voter who sees good results.
New poll in the State of Wisconsin created by Crooked Media and Change Research.
Trump is polling 5% better than he was when he won the state in 2016. As with most polls regarding Trump and the specific efforts in the economy, Trump gets high marks.
I didn't research the rest of the poll. I'd bet that he's underwater in every other category.
Trump's efforts to improve Main Street has put him in a position to gain more votes from both Independents and Democrats. Despite the pearl-clutching of Democrats and some Independents over his way of doing things, those voters who believe in Free Enterprise and Individual Liberty are going to be turned off by the high-tax, give-aways of the socialist left Democrats running for POTUS.
One thing is pretty certain. Democrats are going to have a tough time getting Trump voters to switch if they keep doxxing donors, threatening violence and using other intimidation tactics, calling all Trump supporters Nazis, racists, deplorables and irredeemable. That especially doesn't play well with any voter who sees good results.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
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Democrats shot down again in federal court over their impeachment foolishness.
District Court Chief Judge Beryl Howell denied the attempt to link congressional subpoenas for testimony from Don McGahn and secret grand jury information from the Mueller probe.
The judge stated that the two cases are too superficial and weak to qualify. The judge ruled that unsealing grand jury testimony has to do with application of the law under Federal Rules of Criminal Procedure. The McGahn element is a civil matter that deals with enforcing a subpoena that involves the assertion of immunity.
Another GET TRUMP effort stumbles.
Democrats shot down again in federal court over their impeachment foolishness.
District Court Chief Judge Beryl Howell denied the attempt to link congressional subpoenas for testimony from Don McGahn and secret grand jury information from the Mueller probe.
The judge stated that the two cases are too superficial and weak to qualify. The judge ruled that unsealing grand jury testimony has to do with application of the law under Federal Rules of Criminal Procedure. The McGahn element is a civil matter that deals with enforcing a subpoena that involves the assertion of immunity.
Another GET TRUMP effort stumbles.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
I do agree with you on one thing. Few, regardless of whether Democrat or Republican, are looking at things objectively. It's all about whether or not the idea was Trump's. If it was, Dems will oppose it because they hate him. Republicans will support it because they're afraid of what he'll do to them if they don't, as he's already demonstrated in a number of cases. Regardless, it all comes down to Trump; and the normal discussion and debate of different views and ideas, the very debate on which the U.S. government is based, has been severely damaged.
Re: U.S. Politics
But I thought Woodstock had been canceled?Lone Star wrote: ↑August 18, 2019, 5:48 am.
Juliette Gardella WAS a Democrat who joined the #WalkAway movement. She is one of thousands who has left the Democrat party since 2016. She attended her first Trump Rally in New Hampshire this past week.
The following is her story:
Hi everyone, I went to my first Trump rally and I’ve got to tell you all this story because this experience, for me, destroys the “Trump is the divider in chief’’ narrative. It was truly an amazing experience!
Here’s my story: My friend and I are celebrating 40yrs of friendship and decided to do something awesome to commemorate it so we chose this. We are from Massachusetts and thought a trip to a New Hampshire Trump rally would be fun. We wanted the full experience (and choice seating) so we decided to go the night before and camp out. We checked into our hotel a mile away. Upon arrival, we ran into a couple who were there for the rally too. They were Latino and the lady, Rosa, even hugged us as we headed to our room. She and her husband were so cute. She was so thrilled to be a part of this. I mention her because this was our first encounter on our journey and it was just a sweet introduction to what we would experience throughout.
We walked from the hotel to SNHU. We got there early evening nearly empty handed (no tents, chairs etc. We were just gonna go full beast mode and camp out with minimal supplies. We knew we didn’t need much to have a great time together, so we winged it. We went there with some drinks, snacks, a change of clothes, our bubbly personalities and 2 towels we borrowed (from the hotel we paid for in case it was too dangerous for us at the venue) (and yes we returned the towels undamaged). There were about 40 people already set up camp style. So we went to the end of the line with our tiny bags and we introduced ourselves to our neighbors in front of us. They were a group of 4 men who instantly greeted us, offered us food, drink, and a seat in their group. Now to most people, this would seem dangerous/nefarious due to us being 2 women and them being 4 “white men” (you know, those dastardly toxic masculine men). In other circumstances, she and I would’ve been courteous but would have declined any such invitation since we are both married. This time was different. We knew we were all there for our love for our country and our president so we joined in. We sat, chatted and shared our minimal supplies. Turns out they (the 4 men) didn’t come together. They also were just neighbors in line who mingled together too. 2 were cousins, 1 was there holding a place for him and his wife who was across the street in the hotel, and the other guy was holding spots for his friends arriving the following morning. So here were 6 ppl from MA, VT & ME, complete strangers brought together by their love for our country. As the evening went on, we exchanged stories, talked politics, and shared laughs and even picked up another friend who winged it too. By the time bedtime came around, these gentlemen all offered us something to make us more comfortable. We got blankets from our VT friends, a yoga mat from our ME friend and our bellies were full with food from our MA friend. But most importantly, we felt safe and secure.
My friend and I cuddled together on the yoga mat and dozed off for maybe an hour or so in total. Fast forward to 5am. She and I walked to dunkin donuts to buy our friends coffee and breakfast as a thank you for the care and safety they provided us throughout the night. During the mile walk we encountered more and more of “us”. (Reminded me of this wonderful group). As we walked back to our spots our friends saved for us in our camping line, turns out we were just a few feet away from a large Vietnamese family all wearing matching “Vietnamese for Trump” shirts. I’m sure you will see them as they were interviewed many times. They were adorable and passionate about USA.
There was nothing but love all around. We experienced nothing negative. Everyone was all smiles, nods, hat tips and compliments on patriotic attire. The blend of race, religion, gender, age & orientation was beautiful. There were no “groups of identities” dividing us. We were all just one big family of Americans who love our country. We saw nothing but love and community. We were united. It was beautiful, simply beautiful. It was the America we knew existed.
I’d also like to mention how clean it was after the fact. Not a speck of garbage left behind after we all camped out for nearly 24 hours.
If there’s anything I would suggest to you, I would definitely tell you to go to at least 1 Trump rally. It’s an experience of a lifetime and a real eye opener as to real American unity. And it will truly expose the MSM lies of Trump losing his voters. Check out the video. The arena was already filled to capacity. Those were the people who stood outside for hours just to watch and support our President. They could have watched him in the comfort of their own home but they chose to be there and stand together. Incredible!
I will never forget this experience. I thought the highlight would be seeing the President right in front of me but it turns out that was just the cherry on top. The greatest gift I got from this was from the Patriots there. I never felt so comfortable and alive. I made new friends and strengthened the bond with my lifelong bestie. It was just simply amazing. With all that said, I wish you all peace, love and happiness. Stay strong and keep the faith. America is still a beautiful melting pot.
The picture below of the group is us with our new Patriot family of friends. We went there as 2 and left there with a family. I am so happy and proud to be an American. WWG1WGA
It’s important to note that I would NEVER camp outside to see a celebrity or to get tickets or the newest must have gadget or anything like that. I certainly wouldn’t willingly sleep on cement! Especially in a strange place surrounded by strangers. So this is huge for me to do.
walkaway.jpg
Re: U.S. Politics
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House Democrats now number 123 favoring impeachment. The closer it gets to the election, the more Democrats realize they can't beat Trump at the ballot box. Apparently, Democrats don't believe all the negative Trump polls either.
Some Dems even admit that impeachment may be the only way to get Trump out of office. That's not why impeachment is there, but that's how some Democrats think today.
218 votes needed in the House to impeach. 67 votes out of 100 needed in the Senate to convict. Last vote in the House only got 95 For and 332 Against. Not even close. Probably can't beat him by impeaching him either.
Democrats have been talking this crap since the day after the election in 2016. No evidence of anything. Just GET TRUMP BECAUSE TRUMP.
House Democrats now number 123 favoring impeachment. The closer it gets to the election, the more Democrats realize they can't beat Trump at the ballot box. Apparently, Democrats don't believe all the negative Trump polls either.
Some Dems even admit that impeachment may be the only way to get Trump out of office. That's not why impeachment is there, but that's how some Democrats think today.
218 votes needed in the House to impeach. 67 votes out of 100 needed in the Senate to convict. Last vote in the House only got 95 For and 332 Against. Not even close. Probably can't beat him by impeaching him either.
Democrats have been talking this crap since the day after the election in 2016. No evidence of anything. Just GET TRUMP BECAUSE TRUMP.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
More from El-Erian and his analysis of the media's fabricated "sky is falling" inverted yield curve. This time he explains it to the CNBC crew, and they don't argue. They understand it perfectly.
El-Erian states unequivocably that the US consumer can CONTINUE to insulate the US economy from the rest of the world by doing what they've been doing -- buying. El-Erian says that the recession talk is "silly." Watch it.
El-Erian explains why the US markets will be volatile even though the US economy is doing well. He goes into details about which OUTSIDE forces have affected Wall Street (China, Germany, Singapore), but NOT affected Main Street -- and why. This is where he starts talking about "de-globalization." Watch it.
El-Erian:
El-Erian was in the process of explaining what he explained to Yahoo! Finance. Fear instilled in consumers by false calls of recession, cause the consumer to stop spending and hurt business -- which starts the snowball effect to a recession that wasn't going to happen."The main risk for the consumer is self-fulfilling expectations. That people read these alarmist headlines about the inversion of the yield curve, that do not take into account big distortions. They get scared. Understandably so. They spend less, and if they spend less, business ... [he was interrupted mid sentence] The corporate sector is more exposed to the rest of the world."
El-Erian draws the contrast between Main Street and Wall Street, but uses the US Economy vs the Corporate Sector to describe the same thing.
El-Erian:
El-Erian is waving warning flags over Europe and their ECB policies. Bonds are trading in negative territory over there, and cash is coming to the US in the form of buying dollars and investing in US Treasuries."The bond market is distorted by what is happening outside of the US."
El-Erian lays it out pretty simply and emphatically. He says that the US economy is strong because of being detached from global issues, but the Wall Street globalists are invested overseas and are exposed to the risk of globalism -- which is what is causing the volatility in the stock market. As I have always said, the stock market is NOT a market driver. The stock market reacts to market drivers. This time, those drivers are coming from overseas, not US economic weakness.
The kicker is that the CNBC roundtable understands it and accepts it. Even Gary Cohn the backstabbing globalist sees it.
The more a nation depends on exports (the EU and China), the more exposure they have to de-globalization. It is the reaction by globalists in these other parts of the world -- their world being shaken by supply chain movement -- that is keeping the US markets volatile. But all of that is happening while Main Street -- US consumers -- continues to thrive because they are insulated from it all.
Trump's "America First" efforts are bringing wealth back to the US -- to Main Street -- and of course, Wall Street gets some too; but Wall Street is also having to forego globalist downside risks. Trump is dismantling the post WW2 way of trading globally with one-way tariffs that hurt the US. Trade partners and so-called allies who took advantage of it for decades don't like it. Understandable. They have to pay their own way now, they're not happy, and they're feeling the brunt of tariff balance.
In summary, Main Street (US consumers), which drives the US economy, is NOT hurt by globalism. Wall Street, which is heavily invested in globalism is in flux -- which translates into all of this market volatility that isn't being experienced by Main Street.
This explains why Democrats are so intent upon blocking all of Trump's trade deals that continue to detach Main Street from globalism. Those trade deals (USMCA, China, UK) will insulate Main Street even MORE and allow Main Street to continue to flourish. Democrats can't afford for that to happen. Main Street equals VOTES. If Democrats help Main Street, Democrats will also be helping Trump get re-elected in 2020.
NOTE: Dont' forget. Pelosi took a junket into Central America to try to influence an election to hurt Trump's immigration efforts with Guatemala. Desperate people do desperate things.
Details on Democrat efforts to stall/stop Trump's trade deals to follow.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
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Another GREAT judicial nominee from Trump!
Sarah E. Pitlyk, a pro-life attorney, has been tapped by Trump to replace Clinton appointee Judge Catherine Perry.
Pitlyk has a strong record in human rights and a defender of religious freedom. She was also a former law clerk for Justice Brett Kavanaugh. Her education includes degrees from Yale Law School, Boston College, Georgetown University and the Katholieke Universiteit Leuven in Belgium.
I look forward to the continued nomination and confirmation of Originalist judges to the federal bench!
STEADY WINNING.
Another GREAT judicial nominee from Trump!
Sarah E. Pitlyk, a pro-life attorney, has been tapped by Trump to replace Clinton appointee Judge Catherine Perry.
Pitlyk has a strong record in human rights and a defender of religious freedom. She was also a former law clerk for Justice Brett Kavanaugh. Her education includes degrees from Yale Law School, Boston College, Georgetown University and the Katholieke Universiteit Leuven in Belgium.
I look forward to the continued nomination and confirmation of Originalist judges to the federal bench!
STEADY WINNING.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
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NBC/Wall Street Journal Poll
Americans seem to be educating themselves on trade.
Those surveyed said they approve of free trade by a margin of 64% to 27%, which is a 17% flip from two years ago and a 27% flip from the last year of Bayrack's reign.
Of the other poll numbers that I saw, as usual, Trump was underwater in the few that I noticed. Nothing new there. Polls have been mostly negative for Trump since 2015 and were even negative on election day.
NBC/Wall Street Journal Poll
Americans seem to be educating themselves on trade.
Those surveyed said they approve of free trade by a margin of 64% to 27%, which is a 17% flip from two years ago and a 27% flip from the last year of Bayrack's reign.
Of the other poll numbers that I saw, as usual, Trump was underwater in the few that I noticed. Nothing new there. Polls have been mostly negative for Trump since 2015 and were even negative on election day.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
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Oh my!
More good news for Trump in the Deep Blue State of Washington.
Trump is breaking fundraising records that many believe would never be possible. Trump has not only drawn more donations from Seattle addresses than he did during his entire campaign in 2016, but he's blowing away ALL of the Democrat contenders. ALL. Trump has more donors than ALL of the top six Democrat candidates COMBINED.
Numbers of donations (not donation totals) are a good measure of "people power."
So here's the numbers. Trump has 300% more donors from Washington State than Bernie, and Trump has the most ever recorded at this point in an election by any candidate of either party. Over 21,600 donors have pledged financial support to Trump. What makes it even more astounding is that they are itemized deductions, which require personal information to be made public. The occupations of these donors range from seamstresses to teachers to longshoremen to airline pilots to college professors.
At this point in Trump's last campaign in 2015, he had a total of SIX DONORS from the Seattle Area.
Trump probably doesn't have a chance of winning the State of Washington. He doesn't need to win Washington to win the election, but when his fundraising is breaking records where he has pretty much no chance of winning, that is serious; and it makes you wonder how many donors he has in states that LOVE HIM.
Oh my!
More good news for Trump in the Deep Blue State of Washington.
Trump is breaking fundraising records that many believe would never be possible. Trump has not only drawn more donations from Seattle addresses than he did during his entire campaign in 2016, but he's blowing away ALL of the Democrat contenders. ALL. Trump has more donors than ALL of the top six Democrat candidates COMBINED.
Numbers of donations (not donation totals) are a good measure of "people power."
So here's the numbers. Trump has 300% more donors from Washington State than Bernie, and Trump has the most ever recorded at this point in an election by any candidate of either party. Over 21,600 donors have pledged financial support to Trump. What makes it even more astounding is that they are itemized deductions, which require personal information to be made public. The occupations of these donors range from seamstresses to teachers to longshoremen to airline pilots to college professors.
At this point in Trump's last campaign in 2015, he had a total of SIX DONORS from the Seattle Area.
Trump probably doesn't have a chance of winning the State of Washington. He doesn't need to win Washington to win the election, but when his fundraising is breaking records where he has pretty much no chance of winning, that is serious; and it makes you wonder how many donors he has in states that LOVE HIM.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
That sums it up pretty well.Airportwo wrote: ↑August 19, 2019, 3:39 pmThis sums it up, from "Boom"
Over the last week, the mainstream media in the Western world has hit the Panic Now Button. They have filled their headlines and news bulletins with multiple warnings of imminent economic recession. They have declared discovery of the Yield Curve and brought this arcane subject forward for discussion around the kitchen table as if it is some newly formed object of delirium or perhaps some fascinating old artifact from Ancient Egypt.
Whatever the method of presentation, the conclusion from the “professional” mainstream commentariat has been consistent. They state that this amazing new phenomenon that they have discovered called the Yield Curve MUST be a reliable indicator of an economic contraction, maybe a depression. Some “expert” commentary has even foretold of Economic Armageddon (whatever that is). The protagonists of that scenario seem not content with just a slowing of economic growth or even a stagnation of growth. They seem desperate to see total economic carnage where everyone ends up in rags, begging from the Enlightened Holders of Gold.
Yes, it's not surprising that they chose a component of the US Treasury market that not even paid pundits understand and need expert guests to explain it as inconsequential in the case of the US economy.
The average guy on the street isn't going to research an inverted yield curve or know where to start. The fear mongers were hoping the bait would be taken, consumers would constrict, and the chain of events would be initiated toward a recession to GET TRUMP. However, the inversion was over in 48 hours, and then US economic data from July was released and blew up their little Armageddon party.
This is the 3rd 'R' for the TDS Infected: Russia, Racist, Recession.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
Plenty of the spakkers would gladly see (help) the economy crash and burn if only (bottom lip quiver) if only (tears welling) if only (slight tremble) they could somehow, with all their lunatic crazy ideas, (sniffle) their soul-crushing envy, (hitch) their absolute dearth of realistic policy initiatives, get rid of the Hitler antichrist devil from the white house.
These loons will be crushed in 2020.
These loons will be crushed in 2020.
Ashli Babbitt -- SAY HER NAME!
Re: U.S. Politics
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The Federal Reserve Bank of New York is reporting that tariffs are having only a small and sporadic effect on consumer prices. This is actually born out in low inflation numbers in the US economy.
Effect of tariffs on selling prices
7% - a significant upward effect
47% - no effect
10% - significant or slight downward effect
35% - slight upward effect
Protectionist tariffs in past US history were usually the result of manufacturers seeking to improve their profits at the higher cost to US consumers. These tariffs of 21st Century America are not having that effect, and they're not 'protectionist' tariffs. They were instituted to level trade imbalances if trading partners were unwilling to agree to free and fair trade.
The Federal Reserve Bank of New York is reporting that tariffs are having only a small and sporadic effect on consumer prices. This is actually born out in low inflation numbers in the US economy.
Effect of tariffs on selling prices
7% - a significant upward effect
47% - no effect
10% - significant or slight downward effect
35% - slight upward effect
Protectionist tariffs in past US history were usually the result of manufacturers seeking to improve their profits at the higher cost to US consumers. These tariffs of 21st Century America are not having that effect, and they're not 'protectionist' tariffs. They were instituted to level trade imbalances if trading partners were unwilling to agree to free and fair trade.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
While in the Reported Federal Survey
Fed Survey Finds Tariffs Pushing Up Prices, Pinching Profits
By Alister Bull
16 สิงหาคม 2562 21:37 GMT+7
A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs were hitting their bottom line.
Supplemental questions posed in the August editions of the New York Fed’s Empire State Manufacturing Survey and Business Leaders Survey showed a clear increase in the number of respondents who reported tariffs raising input costs, compared to their answers in August 2018. About two thirds of manufacturers saw an upward effect on prices paid and some 45% saw an upward effect on selling prices. The numbers were slightly lower but similar in the services sector.
In assessing the overall effect on their bottom lines, “among manufacturers, 51% perceive a negative effect in 2019, and 47% anticipate a negative effect in 2020,” the Fed said. “For service firms, the proportions are just under 40% for both years.”
AND FOR SOME REASON
"The New York Fed survey findings also chime with a report Friday from Deere & Co. that it is seeking cost savings amid a 24% fall in operating profit from its agriculture machinery unit, which was hit with higher production costs and lower shipping volumes. That makes sense, given U.S. farmers complain that they’ve been big losers in the trade war."
If he was so positive that Tariffs DO NOT raise prices why did he back off when told his increases might affect the prices of consumer goods before Christmas, Ho, Ho, Ho.
Fed Survey Finds Tariffs Pushing Up Prices, Pinching Profits
By Alister Bull
16 สิงหาคม 2562 21:37 GMT+7
A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs were hitting their bottom line.
Supplemental questions posed in the August editions of the New York Fed’s Empire State Manufacturing Survey and Business Leaders Survey showed a clear increase in the number of respondents who reported tariffs raising input costs, compared to their answers in August 2018. About two thirds of manufacturers saw an upward effect on prices paid and some 45% saw an upward effect on selling prices. The numbers were slightly lower but similar in the services sector.
In assessing the overall effect on their bottom lines, “among manufacturers, 51% perceive a negative effect in 2019, and 47% anticipate a negative effect in 2020,” the Fed said. “For service firms, the proportions are just under 40% for both years.”
AND FOR SOME REASON
"The New York Fed survey findings also chime with a report Friday from Deere & Co. that it is seeking cost savings amid a 24% fall in operating profit from its agriculture machinery unit, which was hit with higher production costs and lower shipping volumes. That makes sense, given U.S. farmers complain that they’ve been big losers in the trade war."
If he was so positive that Tariffs DO NOT raise prices why did he back off when told his increases might affect the prices of consumer goods before Christmas, Ho, Ho, Ho.
Re: U.S. Politics
Bloomberg: Fed Survey Finds Tariffs Pushing Up Prices, Pinching ProfitsLone Star wrote: ↑August 19, 2019, 7:24 pm.
The Federal Reserve Bank of New York is reporting that tariffs are having only a small and sporadic effect on consumer prices. This is actually born out in low inflation numbers in the US economy.
Effect of tariffs on selling prices
7% - a significant upward effect
47% - no effect
10% - significant or slight downward effect
35% - slight upward effect
Protectionist tariffs in past US history were usually the result of manufacturers seeking to improve their profits at the higher cost to US consumers. These tariffs of 21st Century America are not having that effect, and they're not 'protectionist' tariffs. They were instituted to level trade imbalances if trading partners were unwilling to agree to free and fair trade.
https://www.bloomberg.com/news/articles ... ng-profits
New York Times: Trade War May Be Slowing Business Spending and Factories, Fed Says
https://www.nytimes.com/2019/07/05/busi ... olicy.html
Liberty Street Economics: New China Tariffs Increase Costs to U.S. Households
https://libertystreeteconomics.newyorkf ... holds.html
CNBC: Trump tariffs costing US consumers $1.4 billion per month, [Federal Reserve Bank of New York] study shows
https://www.cnbc.com/2019/03/26/ny-fed- ... month.html
Wall Street Journal: Latest China Tariffs Will Cost $831 per Household, Report Says
https://www.wsj.com/articles/latest-chi ... 1558637654
Financial Times (London): NY Fed finds new China tariffs to cost US households $100bn a year
https://www.ft.com/content/24b0214e-7d4 ... 85092ab560
American Enterprise Institute: Cost of Tariff Man’s trade war? $831 annually per household according to the NY Fed
http://www.aei.org/publication/cost-of- ... he-ny-fed/
MarketWatch: This is what Trump’s latest tariff increase will cost the typical American household
https://www.marketwatch.com/story/this- ... 2019-05-23
Time: Trump's Trade War Is Costing Americans $3 Billion a Month in Higher Taxes, [New York Federal Reserve] Study Says
https://time.com/5543384/trump-trade-war-taxes/
CBS News: Trump's China tariffs hike will cost average U.S. family $831 a year [according to economists at the New York Federal Reserve]
https://www.cbsnews.com/news/trumps-chi ... mists-say/
Sigh....
Re: U.S. Politics
Udon
You data seems slightly different than earlier submissions concerning the affects of tariffs?
You data seems slightly different than earlier submissions concerning the affects of tariffs?
Re: U.S. Politics
Yes, the Democrat Socialists can nonsense their way through just about anything, but they never can find the nonsense narrative to help them nonsense their way into making wage earners more prosperous, wages increase or creating a booming business environment that will foster all of those things for Main Street. Give away sh*t that belongs to others, stop enforcing laws, provide incentives to law-breakers, confiscate wealth, demonize achievers, infringe on individual rights, et al.Giggle wrote: ↑August 19, 2019, 6:59 pmPlenty of the spakkers would gladly see (help) the economy crash and burn if only (bottom lip quiver) if only (tears welling) if only (slight tremble) they could somehow, with all their lunatic crazy ideas, (sniffle) their soul-crushing envy, (hitch) their absolute dearth of realistic policy initiatives, get rid of the Hitler antichrist devil from the white house.
These loons will be crushed in 2020.
All Democrats had to do was not be stupid, propose programs and policies that enhance Main Street and ALL US citizens, and they had a chance to beat Trump just on pure hate. But Democrat Socialists couldn't even meet that low bar. The candidates left are all screeching moonbat loons.
And now that they realize that all of Trump's trade deals further insulate Main Street from globalism, the Democrats are intent upon doing anything they can to delay/block/stop anything that would be a win for Main Street and a win for Trump.
It all goes back to this:
"The enemy of my enemy is my friend."
For any who have been following along regarding the de-globalization efforts of Trump to shore up Main Street, what follows should be pretty easy to grasp and understand.
First and foremost, Trump's goal has always been "free and fair trade." He has repeated this early and often. When trading partners did not agree to it, then Trump balanced the trade imbalances with US tariffs. "America First" means taking care of Main Street, which means cutting off the spigot of losing jobs globally.
China, the EU and the horrid NAFTA trade deal were the worst offenders in all of it. So it is natural that they would get the majority of the focus.
1. Trump has executed a work-around avoiding China by creating bilateral deals with other countries in Asia for both trade and relocation of supply chains. That was why Trump spent the time that he did in Vietnam earlier. There are multiple goals regarding the China trade problem, and the most pressing has been theft of intellectual property. It's not just about trade.
2. Trump has announced just in the past week that he is willing to structure a win-win deal with the UK that creates free and fair trade between the countries that will also make inroads into the EU. This will be a win for the UK economy, and a win for the US in trade. This will create some leverage for both the US and UK vs the EU.
3. NAFTA was always considered to have not done what it had been originally designed to do. It cost the US many jobs and businesses. Even Democrats admitted this; but now, BECAUSE TRUMP, they're dragging their feet in voting for and implementing USMCA -- the restructured NAFTA with Mexico and Canada.
Trump's efforts in trade are bringing the jobs back to the US that past administrations said would NEVER return. Know why? Previous US leaders were feeding the globalist economy to the detriment of Main Street. They weren't stupid. They knew where the jobs were going and why. Even if companies do not come to the US to make their products as a result of Trump's tariffs, they are being forced into a Plan B to relocate from China in order to do business with a US consumer who has money to spend. "America First" has brought jobs and higher wages back to the US. All of North America could benefit if Pelosi ever brings USMCA to the floor for a vote; but most importantly, it would further weaken China's position of trade with the US. USMCA closed loopholes that allowed China products to go through Canada and Mexico to the detriment of US products.
You think Democrats aren't capable of upsetting Trump's efforts? Look at all they've done for the last 2+ years that has harmed US citizens just with immigration and crime, lies told about Kavanaugh to keep him from being confirmed, the repeated drumbeat of labeling all Trump supporters as Nazis and racists, the fact that many of them have publicly hoped for a recession if that would result in Trump losing. Democrats are very capable of harming Main Street to keep Trump from winning; and they are able to do it with a smile and a clear conscience.
It's not a coincidence that after Justin Trudeau met with Pelosi and Democrats that Trudeau and his Foreign Affairs Minister tabled the ratification of USMCA in Canada.
It's not a coincidence that Pelosi would announce, the day after a US-UK trade agreement that would give both countries leverage vs the EU after a No-Deal Brexit, that the House would never support that agreement. Pelosi doesn't even know what the agreement would entail.
It's not a coincidence that immediately after that US-UK trade deal that globalist-friendly media began pushing the US recession narrative based solely on a yield curve and no other indicator.
It's not a coincidence that the Democrats began beating the drums for recession along with globalist-friendly media as soon as it was first uttered. Not one Democrat has a plan of what to do other than to keep getting screwed in trade by supposed allies. That's not a surprise.
Trump's focus is Main Street. The consumer on Main Street represents votes. De-globalization helps Main Street and keeps it strong, but it hurts Wall Street due to their taking on so much global risk. Wall Street wants the globalist status quo because there are trillions in play there; but that's a risk they were willing to take at the time with globalist presidents.
So you can start looking for huge donations for Democrats from Wall Street to help them secure their globalist investments. "The enemy of my enemy is my friend." Wall Street loved Trump until he started taking care of Main Street and kicking in the "America First" doctrine.
By repeating the recession drumbeat, by striking fear into consumers in the hopes that it causes them to constrict their spending, that constriction would eventually start a recession that had no indicators of even happening -- other than the inverted yield curve that didn't last and was blown up by all the July consumer data. Democrats are willing to push any narrative necessary to GET TRUMP. They've proven it to the detriment of Americans already.
To be intellectually honest, an onlooker has to ask, "Just what have Democrats proposed that will HELP Main Street without penalizing another American with higher taxes or seizing assets?" There's nothing. The only way to get Trump is to maybe impeach him, create a phony narrative of impending doom, or create a political impasse that will cause failure and cause him to lose the election.
It's not a coincidence that all of Trump's enemies are cheering recession. They're willing to take down hard-working Americans to GET TRUMP.
AMERICA: One of the Greatest Stories Ever Told.
Re: U.S. Politics
The scum cheered when US troops were killed in Iraq in the same disgusting vein. The absolute worst of humanity.
Ashli Babbitt -- SAY HER NAME!
Re: U.S. Politics
Doodoo wrote: ↑August 19, 2019, 8:15 pm
Udon
You data seems slightly different than earlier submissions concerning the affects of tariffs?
Not my data, -- it's the Federal Reserve Bank of New York's data."
Man there must be a load of Democrats at
Bloombergs, New York Times,Liberty Street Economics, CNBC,Wall Street Journal, American Enterprise Institute, Market Watch, Time, CBS News and even from over the Pond Financial Times (London)" that reported
Why would law abiding American Citizens want the USA to see "the economy crash and burn, Google's quote) or are they just getting the word out there to be prepared for the economic future.
Calling them Bullshiters and Stupid people certainly isn't going to get them to see the other side. In fact it will turn them away wouldnt ya think
I take it Conflict Resolution was never a part of training in certain peoples pasts.
Udon
You data seems slightly different than earlier submissions concerning the affects of tariffs?
Not my data, -- it's the Federal Reserve Bank of New York's data."
Man there must be a load of Democrats at
Bloombergs, New York Times,Liberty Street Economics, CNBC,Wall Street Journal, American Enterprise Institute, Market Watch, Time, CBS News and even from over the Pond Financial Times (London)" that reported
Why would law abiding American Citizens want the USA to see "the economy crash and burn, Google's quote) or are they just getting the word out there to be prepared for the economic future.
Calling them Bullshiters and Stupid people certainly isn't going to get them to see the other side. In fact it will turn them away wouldnt ya think
I take it Conflict Resolution was never a part of training in certain peoples pasts.