Re: The 47th POTUS - Donald J. Trump

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Re: The 47th POTUS - Donald J. Trump

Post by BurtReynolds »

dimejinky99 wrote:
BurtReynolds wrote:
dimejinky99 wrote:Timely reminder
The DEI caused the plane crash narrative is a distraction. The tariffs are a distraction. Whatever insane nonsense Trump spews that the media will chase like cats chasing a laser light is a distraction. The only story that counts right now is the wholesale hijacking of control of the US government.
That last part is the best part and shouldn't be distracted from. I don't buy into this "distraction" thing - I don't think Trump is that cunning, and I also don't think he cares - but if he is making up distractions, he should stop distracting from things a lot of people want.

Does the ordinary American care about any of that though? That’s very much a tweet and thinking from inside the agenda bubble.
He ran on all those things and was elected, so I assume someone wants it. None of this is a surprise to trump voters. Tariffs might be a different story, but then again he ran on that too...
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Re: The 47th POTUS - Donald J. Trump

Post by McParadigm »

4/5 wrote:Fun fact: if a country has a "trade deficit" with one country, they by definition have a capital and financial surplus with that country. All a trade deficit means (take US and Canada) is that Americans prefer buying Canadian goods while Canadians prefer buying American financial assets. Which, oh btw, has the effect of lowering interest rates in the U.S.

And that means, yup you guessed it, that if that trade deficit were to turn into a trade surplus, that there would be a capital and financial deficit with Canada, pushing domestic interest rates up. Those same interest rates that Trump "demands" be lowered.
Thank you for this post. It is informative for me.
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Re: The 47th POTUS - Donald J. Trump

Post by Bi_3 »

McParadigm wrote:
4/5 wrote:Fun fact: if a country has a "trade deficit" with one country, they by definition have a capital and financial surplus with that country. All a trade deficit means (take US and Canada) is that Americans prefer buying Canadian goods while Canadians prefer buying American financial assets. Which, oh btw, has the effect of lowering interest rates in the U.S.

And that means, yup you guessed it, that if that trade deficit were to turn into a trade surplus, that there would be a capital and financial deficit with Canada, pushing domestic interest rates up. Those same interest rates that Trump "demands" be lowered.
Thank you for this post. It is informative for me.
Yeah, great post. But then what's the thought behind retaliatory tariffs?
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Re: The 47th POTUS - Donald J. Trump

Post by E.H. Ruddock »

Bi_3 wrote:
McParadigm wrote:
4/5 wrote:Fun fact: if a country has a "trade deficit" with one country, they by definition have a capital and financial surplus with that country. All a trade deficit means (take US and Canada) is that Americans prefer buying Canadian goods while Canadians prefer buying American financial assets. Which, oh btw, has the effect of lowering interest rates in the U.S.

And that means, yup you guessed it, that if that trade deficit were to turn into a trade surplus, that there would be a capital and financial deficit with Canada, pushing domestic interest rates up. Those same interest rates that Trump "demands" be lowered.
Thank you for this post. It is informative for me.
Yeah, great post. But then what's the thought behind retaliatory tariffs?
lol @thought
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Re: The 47th POTUS - Donald J. Trump

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E.H. Ruddock wrote:
Bi_3 wrote:
McParadigm wrote:
4/5 wrote:Fun fact: if a country has a "trade deficit" with one country, they by definition have a capital and financial surplus with that country. All a trade deficit means (take US and Canada) is that Americans prefer buying Canadian goods while Canadians prefer buying American financial assets. Which, oh btw, has the effect of lowering interest rates in the U.S.

And that means, yup you guessed it, that if that trade deficit were to turn into a trade surplus, that there would be a capital and financial deficit with Canada, pushing domestic interest rates up. Those same interest rates that Trump "demands" be lowered.
Thank you for this post. It is informative for me.
Yeah, great post. But then what's the thought behind retaliatory tariffs?
lol @thought
Surely Canada and Mexico did it for some reason.
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Re: The 47th POTUS - Donald J. Trump

Post by McParadigm »

I think you should both consider the possibility that neither side’s actions are being driven by a presumption of inherent economic gain.

Donald Trump is using tariffs to punish other countries by doing them harm. And he is openly saying that it is OK that it also harms Americans, because it gets the end result that he wants.

Canada is using tariffs as a show of oppositional solidarity and because they know that Trump‘s supporters in America will see it as a return fire.
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Re: The 47th POTUS - Donald J. Trump

Post by Bi_3 »

McParadigm wrote:I think you should both consider the possibility that neither side’s actions are being driven by a presumption of inherent economic gain.

Donald Trump is using tariffs to punish other countries by doing them harm. And he is openly saying that it is OK that it also harms Americans, because it gets the end result that he wants.

Canada is using tariffs as a show of oppositional solidarity and because they know that Trump‘s supporters in America will see it as a return fire.
I really dont understand it because it seems like the net effect is just to punch Canadians twice
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Re: The 47th POTUS - Donald J. Trump

Post by McParadigm »

Bi_3 wrote:
McParadigm wrote:I think you should both consider the possibility that neither side’s actions are being driven by a presumption of inherent economic gain.

Donald Trump is using tariffs to punish other countries by doing them harm. And he is openly saying that it is OK that it also harms Americans, because it gets the end result that he wants.

Canada is using tariffs as a show of oppositional solidarity and because they know that Trump‘s supporters in America will see it as a return fire.
I really dont understand it because it seems like the net effect is just to punch Canadians twice
No, the point is to ensure that Canadian citizens feel like their government is punching back, in order to create a climate of national resolve. It is the sacrificing of capital in exchange for political will.
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Re: The 47th POTUS - Donald J. Trump

Post by E.H. Ruddock »

Looks like he's pausing the tariffs on Mexico for a month.
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Re: The 47th POTUS - Donald J. Trump

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E.H. Ruddock wrote:Looks like he's pausing the tariffs on Mexico for a month.
win/win
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Re: The 47th POTUS - Donald J. Trump

Post by 4/5 »

McParadigm wrote:
Bi_3 wrote:
McParadigm wrote:I think you should both consider the possibility that neither side’s actions are being driven by a presumption of inherent economic gain.

Donald Trump is using tariffs to punish other countries by doing them harm. And he is openly saying that it is OK that it also harms Americans, because it gets the end result that he wants.

Canada is using tariffs as a show of oppositional solidarity and because they know that Trump‘s supporters in America will see it as a return fire.
I really dont understand it because it seems like the net effect is just to punch Canadians twice
No, the point is to ensure that Canadian citizens feel like their government is punching back, in order to create a climate of national resolve. It is the sacrificing of capital in exchange for political will.
Yeah, this. Tariffs only make sense insofar as they advance a political goal. They're terrible economic policy.
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Re: The 47th POTUS - Donald J. Trump

Post by Bi_3 »

4/5 wrote:
McParadigm wrote:
Bi_3 wrote:
McParadigm wrote:I think you should both consider the possibility that neither side’s actions are being driven by a presumption of inherent economic gain.

Donald Trump is using tariffs to punish other countries by doing them harm. And he is openly saying that it is OK that it also harms Americans, because it gets the end result that he wants.

Canada is using tariffs as a show of oppositional solidarity and because they know that Trump‘s supporters in America will see it as a return fire.
I really dont understand it because it seems like the net effect is just to punch Canadians twice
No, the point is to ensure that Canadian citizens feel like their government is punching back, in order to create a climate of national resolve. It is the sacrificing of capital in exchange for political will.
Yeah, this. Tariffs only make sense insofar as they advance a political goal. They're terrible economic policy.
What is that political goal that defenseless Canadian citizens are going to be made to suffer for? Pride?
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Re: The 47th POTUS - Donald J. Trump

Post by 4/5 »

Bi_3 wrote:
4/5 wrote:
McParadigm wrote:
Bi_3 wrote:
McParadigm wrote:I think you should both consider the possibility that neither side’s actions are being driven by a presumption of inherent economic gain.

Donald Trump is using tariffs to punish other countries by doing them harm. And he is openly saying that it is OK that it also harms Americans, because it gets the end result that he wants.

Canada is using tariffs as a show of oppositional solidarity and because they know that Trump‘s supporters in America will see it as a return fire.
I really dont understand it because it seems like the net effect is just to punch Canadians twice
No, the point is to ensure that Canadian citizens feel like their government is punching back, in order to create a climate of national resolve. It is the sacrificing of capital in exchange for political will.
Yeah, this. Tariffs only make sense insofar as they advance a political goal. They're terrible economic policy.
What is that political goal that defenseless Canadian citizens are going to be made to suffer for? Pride?
The same as U.S. citizens?
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Re: Re: The 47th POTUS - Donald J. Trump

Post by BurtReynolds »

Bi_3, ever the "rational" surrender advocate.

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Re: The 47th POTUS - Donald J. Trump

Post by Farmer John »

Bi_3 wrote:
4/5 wrote:
McParadigm wrote:
Bi_3 wrote:
McParadigm wrote:I think you should both consider the possibility that neither side’s actions are being driven by a presumption of inherent economic gain.

Donald Trump is using tariffs to punish other countries by doing them harm. And he is openly saying that it is OK that it also harms Americans, because it gets the end result that he wants.

Canada is using tariffs as a show of oppositional solidarity and because they know that Trump‘s supporters in America will see it as a return fire.
I really dont understand it because it seems like the net effect is just to punch Canadians twice
No, the point is to ensure that Canadian citizens feel like their government is punching back, in order to create a climate of national resolve. It is the sacrificing of capital in exchange for political will.
Yeah, this. Tariffs only make sense insofar as they advance a political goal. They're terrible economic policy.
What is that political goal that defenseless Canadian citizens are going to be made to suffer for? Pride?
What would you suggest our course of action should be? Bear in mind that we don't want our country to cease to exist.

Can we all just take a moment to acknowledge how quickly this escalated? Like, what the fuck are we doing here?
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Re: The 47th POTUS - Donald J. Trump

Post by 4/5 »

Farmer John wrote:Can we all just take a moment to acknowledge how quickly this escalated? Like, what the fuck are we doing here?
Well the "pause" on the Mexico tariffs might mean that Trump just wants to make a deal of some sort to take a victory lap before tariffs actually go into effect. That's best case scenario IMO.
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Re: The 47th POTUS - Donald J. Trump

Post by Bi_3 »

Farmer John wrote:
Bi_3 wrote:
4/5 wrote:
McParadigm wrote:
Bi_3 wrote:
McParadigm wrote:I think you should both consider the possibility that neither side’s actions are being driven by a presumption of inherent economic gain.

Donald Trump is using tariffs to punish other countries by doing them harm. And he is openly saying that it is OK that it also harms Americans, because it gets the end result that he wants.

Canada is using tariffs as a show of oppositional solidarity and because they know that Trump‘s supporters in America will see it as a return fire.
I really dont understand it because it seems like the net effect is just to punch Canadians twice
No, the point is to ensure that Canadian citizens feel like their government is punching back, in order to create a climate of national resolve. It is the sacrificing of capital in exchange for political will.
Yeah, this. Tariffs only make sense insofar as they advance a political goal. They're terrible economic policy.
What is that political goal that defenseless Canadian citizens are going to be made to suffer for? Pride?
What would you suggest our course of action should be? Bear in mind that we don't want our country to cease to exist.

Can we all just take a moment to acknowledge how quickly this escalated? Like, what the fuck are we doing here?
I don't know! It's super fucked up and Canada does not deserve this. There has literally never been a better relationship between two modern nations for as long as the US and Canada have been allies and surely Justin T can fly down here and at least get clear benchmarks set for avoidance like Mexico just did. Pushing this 30 days will weaken Trump as this bull-in-a-china-shop act will wear thin.
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Re: The 47th POTUS - Donald J. Trump

Post by Farmer John »

4/5 wrote:
Farmer John wrote:Can we all just take a moment to acknowledge how quickly this escalated? Like, what the fuck are we doing here?
Well the "pause" on the Mexico tariffs might mean that Trump just wants to make a deal of some sort to take a victory lap before tariffs actually go into effect. That's best case scenario IMO.
What's the worst case scenario? I like to focus on that.
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Re: The 47th POTUS - Donald J. Trump

Post by Bi_3 »

Step one appears to be calling the government back to session:
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Re: The 47th POTUS - Donald J. Trump

Post by blueviper »

drug seizures are fairly low for the US/ Canada border, and trending downward (during Biden) for US/Mexico

Not sure why we are going after the Canadians.

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