Until the U.S.-Israeli war in Iran took center stage, Trump’s unyielding faith in tariffs had become his party’s chief liability heading into the midterms.
The late Austro-Hungarian Empire (AHE) had tariffs and its contemporary United States Old Republic had tariffs (USOR), the decision making processes regarding rates, their application, and their execution, and far, faaaaar more importantly the many other related things happening as well as the very design of the system they were taking place within, well those decision making processes were very, very different. The results that each of those two very different systems had were also very, very different, at least in the case of the USOR, the results were as intended; BUT, and this is important, despite how counter intuitive it may be at first, the AHE’s results may very well have been as actually intended as well.
BUT the United States Old Republic was not running an “economic nationalist” program, in fact, it wasn’t running a unitary national economy. According to the standards of current day globalists, the metro areas of Boston, Ma and Worcester, Ma were trade-protectionist against each other, but if most actually knew the details they would say they globalists dont know what their talking about and of course trade between the two flowed all day and only grew and each did very well.
And this article mentions "China's state capacity", but its is provably the case that it has been a decentralized, policy variable system with local fiscal dominance, legal/regulatory variability, and in general widely and deeply federated access to/control over decision making; so what this essay seems to be calling for would be the diametric of what China has been running for the past four decades...
Once again, you produce a handful of polls to prove conclusively how unhappy Americans are with the man ever since they elected him just over a year ago. And a handful of tired economic theories that prove conclusively how wrong-headed his trade policies have been. Those theories have hardly worked for the American worker or economy, but god forbid we should try anything else.
It’s all tied relentlessly to a philosophical horizon of months rather than years. As if life were nothing more than a half-hour sitcom with 13 minutes for commercials.
Wage floors don’t work, unless your goal is to raise the unemployment rate. This dumb idea is brought up every time the democrats need poor people to vote for them.
Something bold like cutting the payroll tax, eliminating the cap on it, and raising the minimum wage would certainly get people's attention. Bring more money to workers and small business owners while getting more revenue from the highest earners.
To keep Social Security going, Democrats could add equivalents of the Additional Medicare tax and the net investment income tax to put more money into the Social Security Trust Fund. Beyond that, using general revenue to pay for Social Security might be better than only relying on a payroll tax.
I like the proposals of some Democrats to slash income tax for the working and middle classes, paired with higher taxes on the rich, but that's also a good opportunity to get people to save more. Antiquated though it may seem, we can bring back the postal savings bank, or a new equivalent. We could even bring back war bonds (although it's better to call them defense bonds), letting ordinary citizens put aside some of their earnings to fund national security.
The reality is, I will never vote in a Democrat until they abandon their current platform on multiple genders, abortions at all terms, free and open borders, anti-America and pro-Palestine policies. I want my world back. The one the US enjoyed with allies until the Insanity of a globalized tech world began.
And never forget: Tech sells whatever makes it rich.. which includes big brother surveillance and, now, anti-green ai data centers (replacing their pro-green eco technologies push). Big tech is the evil driving a pro-CCP social credit world. We need to wake up.
This should not be a site where the urban myth of wealthy Blue States economically supporting poor "Socialist" Red ones is promulgated . Many people pay into Social Security and Medicare their entire adult lives, in Blue States. When they retire, they often relocate to warm Red States with less crime and state taxes, where they collect their Social Security and Medicare. Rarely do Red State earners choose to retire and collect their Social Security and Medicare in Blue States. This drastically skews federal dollars into and out of DC, from both Red and Blue States.
Moreover, the bulk of the $1 trillion dollar military budget is expended in Red States. Nuclear weapons are generally located and serviced in Red States. This shows as DC dollars sent to Red States, when the tax dollars simply defend the entire US, but are predominately allocated to Red States.
Trump has certainly dug himself a hole, but it follows a historically abysmal Biden economic performance. Dems spent 4 years mainly dedicated to Green fantasies, even European Socialists no longer swallow, and Open Borders.
The myth of mass highly compensated Green jobs refuses to perish. The US did not "miss a window,". Those jobs have never existed in any large format, even when US taxpayers were flushing trillions on Green subsidies. The fabrication is especially comical in a country where high school grads have long headed to oil fields and earned 6 figures a year out of high school.
Along with costing a 1/2 trillion federal dollars in 4 years, Open Borders recently produced 4 terror attacks on US soil, within two weeks. Naturalized citizens or their offspring, importing terror as a weapon, is hardly a feather in the cap of Dems seeking a borderless US, even if Dems now pretend they no longer support the policy.
Mr. Nock's observations on prices, track in our area. Beef is up, but some other things have noticeably dropped in price from Biden's highs. Many of us have long attempted to purchase American made products. Consuming US sparkling wine, rather than French Champagne, is hardly a life altering sacrifice.
If Iran is successfully wrapped up soon, oil prices should return to trending down, lowering other prices. If not, or worse yet, if the US endures more military deaths, Reps will be gutted in the Midterms. Trump will spend his last 2 years fighting Impeachments that will never result in removal from office. All, as Dems continue to attempt to sell radical Progressives as Moderates. Meet the new Boss, same as the old Boss.
A long winded, factually challenged treatise on why the democrat party needs to take control of jobs, education and housing… plus expunge the existence and reasons for Trump.
Keep digging folks, that hole isn’t near deep enough yet.
Hang on a second. What food prices? Not in my grocery cart. I followed the link in the second sentence and found that half of food imports are exempt, and of those that aren't...
"The top five food products that remain tariff-exposed are spirits and liqueurs ($11.3 billion), bread and other baked goods ($10.3 billion), beer ($7.5 billion), fresh fish fillets ($7.5 billion), and crustaceans like crabs and shrimp ($7.0 billion)."
I don't buy French wines, and for the rich people that do, well, they can just go rustle. Walmart bakes bread in house. Who in the heck needs imported beer? Fresh fish? Get out. What you're talking here is rich people stuff. Great! I hope they pay through the nose, and live under a bridge.
Lets deal in reality here rather than TDS.
Next link to other household goods 3% says Walmart, for electronics and appliances, and "Other factors ...... rising labor and health insurance costs." Three percent doesn't even bump the needle.
A simple google search lists article after article explaining why tariffs didn't contribute to inflation. The Kennedy School at Harvard, WSJ, Communist Guardian, NYT, etc etc etc.
The only thing inflating is eletists telling us how much putting tariffs on luxury goods is going to hurt the working class. I know what I buy, and I know where it is made. Frankly I've had about enough of journos trying to snooker me because they're upset over the price of Belgian Ale.
The Democratic Party needs to return to protecting American jobs. If they can't try to do that, I"ll look elsewhere.
I'm only on paragraph #2, I hope things get better.
The late Austro-Hungarian Empire (AHE) had tariffs and its contemporary United States Old Republic had tariffs (USOR), the decision making processes regarding rates, their application, and their execution, and far, faaaaar more importantly the many other related things happening as well as the very design of the system they were taking place within, well those decision making processes were very, very different. The results that each of those two very different systems had were also very, very different, at least in the case of the USOR, the results were as intended; BUT, and this is important, despite how counter intuitive it may be at first, the AHE’s results may very well have been as actually intended as well.
BUT the United States Old Republic was not running an “economic nationalist” program, in fact, it wasn’t running a unitary national economy. According to the standards of current day globalists, the metro areas of Boston, Ma and Worcester, Ma were trade-protectionist against each other, but if most actually knew the details they would say they globalists dont know what their talking about and of course trade between the two flowed all day and only grew and each did very well.
And this article mentions "China's state capacity", but its is provably the case that it has been a decentralized, policy variable system with local fiscal dominance, legal/regulatory variability, and in general widely and deeply federated access to/control over decision making; so what this essay seems to be calling for would be the diametric of what China has been running for the past four decades...
Once again, you produce a handful of polls to prove conclusively how unhappy Americans are with the man ever since they elected him just over a year ago. And a handful of tired economic theories that prove conclusively how wrong-headed his trade policies have been. Those theories have hardly worked for the American worker or economy, but god forbid we should try anything else.
It’s all tied relentlessly to a philosophical horizon of months rather than years. As if life were nothing more than a half-hour sitcom with 13 minutes for commercials.
Wage floors don’t work, unless your goal is to raise the unemployment rate. This dumb idea is brought up every time the democrats need poor people to vote for them.
Something bold like cutting the payroll tax, eliminating the cap on it, and raising the minimum wage would certainly get people's attention. Bring more money to workers and small business owners while getting more revenue from the highest earners.
To keep Social Security going, Democrats could add equivalents of the Additional Medicare tax and the net investment income tax to put more money into the Social Security Trust Fund. Beyond that, using general revenue to pay for Social Security might be better than only relying on a payroll tax.
I like the proposals of some Democrats to slash income tax for the working and middle classes, paired with higher taxes on the rich, but that's also a good opportunity to get people to save more. Antiquated though it may seem, we can bring back the postal savings bank, or a new equivalent. We could even bring back war bonds (although it's better to call them defense bonds), letting ordinary citizens put aside some of their earnings to fund national security.
The reality is, I will never vote in a Democrat until they abandon their current platform on multiple genders, abortions at all terms, free and open borders, anti-America and pro-Palestine policies. I want my world back. The one the US enjoyed with allies until the Insanity of a globalized tech world began.
And never forget: Tech sells whatever makes it rich.. which includes big brother surveillance and, now, anti-green ai data centers (replacing their pro-green eco technologies push). Big tech is the evil driving a pro-CCP social credit world. We need to wake up.
This should not be a site where the urban myth of wealthy Blue States economically supporting poor "Socialist" Red ones is promulgated . Many people pay into Social Security and Medicare their entire adult lives, in Blue States. When they retire, they often relocate to warm Red States with less crime and state taxes, where they collect their Social Security and Medicare. Rarely do Red State earners choose to retire and collect their Social Security and Medicare in Blue States. This drastically skews federal dollars into and out of DC, from both Red and Blue States.
Moreover, the bulk of the $1 trillion dollar military budget is expended in Red States. Nuclear weapons are generally located and serviced in Red States. This shows as DC dollars sent to Red States, when the tax dollars simply defend the entire US, but are predominately allocated to Red States.
Trump has certainly dug himself a hole, but it follows a historically abysmal Biden economic performance. Dems spent 4 years mainly dedicated to Green fantasies, even European Socialists no longer swallow, and Open Borders.
The myth of mass highly compensated Green jobs refuses to perish. The US did not "miss a window,". Those jobs have never existed in any large format, even when US taxpayers were flushing trillions on Green subsidies. The fabrication is especially comical in a country where high school grads have long headed to oil fields and earned 6 figures a year out of high school.
Along with costing a 1/2 trillion federal dollars in 4 years, Open Borders recently produced 4 terror attacks on US soil, within two weeks. Naturalized citizens or their offspring, importing terror as a weapon, is hardly a feather in the cap of Dems seeking a borderless US, even if Dems now pretend they no longer support the policy.
Mr. Nock's observations on prices, track in our area. Beef is up, but some other things have noticeably dropped in price from Biden's highs. Many of us have long attempted to purchase American made products. Consuming US sparkling wine, rather than French Champagne, is hardly a life altering sacrifice.
If Iran is successfully wrapped up soon, oil prices should return to trending down, lowering other prices. If not, or worse yet, if the US endures more military deaths, Reps will be gutted in the Midterms. Trump will spend his last 2 years fighting Impeachments that will never result in removal from office. All, as Dems continue to attempt to sell radical Progressives as Moderates. Meet the new Boss, same as the old Boss.
A long winded, factually challenged treatise on why the democrat party needs to take control of jobs, education and housing… plus expunge the existence and reasons for Trump.
Keep digging folks, that hole isn’t near deep enough yet.
Thank you, Mr. Vassallo.
Hang on a second. What food prices? Not in my grocery cart. I followed the link in the second sentence and found that half of food imports are exempt, and of those that aren't...
"The top five food products that remain tariff-exposed are spirits and liqueurs ($11.3 billion), bread and other baked goods ($10.3 billion), beer ($7.5 billion), fresh fish fillets ($7.5 billion), and crustaceans like crabs and shrimp ($7.0 billion)."
I don't buy French wines, and for the rich people that do, well, they can just go rustle. Walmart bakes bread in house. Who in the heck needs imported beer? Fresh fish? Get out. What you're talking here is rich people stuff. Great! I hope they pay through the nose, and live under a bridge.
Lets deal in reality here rather than TDS.
Next link to other household goods 3% says Walmart, for electronics and appliances, and "Other factors ...... rising labor and health insurance costs." Three percent doesn't even bump the needle.
A simple google search lists article after article explaining why tariffs didn't contribute to inflation. The Kennedy School at Harvard, WSJ, Communist Guardian, NYT, etc etc etc.
The only thing inflating is eletists telling us how much putting tariffs on luxury goods is going to hurt the working class. I know what I buy, and I know where it is made. Frankly I've had about enough of journos trying to snooker me because they're upset over the price of Belgian Ale.
The Democratic Party needs to return to protecting American jobs. If they can't try to do that, I"ll look elsewhere.
I'm only on paragraph #2, I hope things get better.
They don’t. He continues to make disingenuous arguments then has the chutzpah to lament “the lack of good faith arguments”