Its good v evil time.
Looks like weâre about to enter a new cold war.
Maybe Trumpâs tariffs on China wasnât strong enough.
2 Likes
In the end," Bown says, âChina actually bought none of the additional $200 billion of exports that it promised in the agreement.â
Zilch. Nada.
But itâs actually worse than that. While China did ramp up its purchases of U.S. agricultural products, when it comes to buying U.S. products and services overall, it still hasnât even returned to buying the amount of stuff it had bought from America before the trade war began.
Investment by the West in Chinaâs always growing economy plus consumersâ reliance on inexpensive Chinese goods are the culprits. Tariffs, which are targeted to âprotectâ specific US industries wonât solve it. Long-term problem, no easy answers.
3 Likes
The sooner we wean America off Chinese imports, the better. We should also restrict students from China to our universities.
5 Likes
I totally agree. They are the enemy and we need to wake up to that.
1 Like
But the american consumer does not want to wean itself off cheaper imported products.
The American consumer demands a lot, and wants to pay very little. Itbis why WalMart has thrived. Walmart even tried to promote made in America and consumers went right by it and grabbed the cheaper brand.
When the choice is no longer there, they will adapt.
2 Likes
So throw the free market system, which is the corner stone of conservative thinking out the window? What next subsidies for American companies to be able to complete on price? Well, that sounds like socialism to me.
1 Like
You realize the global free market idea was tried before? It took down the British Empire.
That is not what took the British Empire down.
1 Like
Carnegie did more to take down the Empire than Gandi
So you want the government for MORE protection and subsidies of American companies to reshape American consumers buying habits?
Wait, what if the government just took charge of key industries. And if there was a strong autocratic leaning leader to lead the way.
Someone who could save Americans from themselves.
From https://www.thebalance.com/ - The U.S. government grants subsidies to many industries including oil, agriculture, housing, farm exports, automobiles, and health care .
1 Like
Oh i knowâŠ
âŠbut we may need more aparently.
ButâŠbut.socialismâŠVenezuelaâŠ
2 Likes
Ask Germany how they feel about globalization right nowâŠ
1 Like
Chinese imports have nothing to do with free markets.
WE, the WEST have been bought out by the chicoms. It started wen clinton was in the white house. Hundreds of Chinese so called businessmen slept at the White House. Shortly after American Businesses/factories started to see major regulations being voted by the left and right.
YOU BET I USE DIRTY PROSTITUTES d.c. POLITICIANS because this is who they are.
We went after Toyota for dumping. The real question is how many politicians are or were involved in this?
2 Likes
This has been their plan the entire time. They have a plan to have this by 2030. Whatâs funny is that when people bring up the âNew World Orderâ theyâre made out to be âconspiracy theoristsâ. But then you have Biden mention it about a week ago and now this.
1 Like
This is an interesting source Iâve not looked at before. So I have no initial feel about itâs
bias at this time . It may be slight left lean, just looking at staff and mission statements. The sampling of writing Iâve read however, seems to be absent of the emotionally charged words and phrases typically seen at other sites.
So the question of oil subsidies comes up from time to time on this board.
Would be interesting to hear oil guys comments here on this - ( thinking @rtcoog and othersâŠ)
Oil Subsidies
The oil industry subsidies have a long history in the United States. As early as World War I, the government stimulated oil and gas production in order to ensure a domestic supply.
In 1995, Congress established the Deep Water Royalty Relief Act. It allowed oil companies to drill on federal property without paying royalties.15 Ever since, the oil subsidy scene has been on a political yo-yo:
- In March 2012, President Obama called for an end to the $4 billion in oil industry subsidies.16
- In 2018 President Trumpâs budget increased federal spending for the fossil fuel industry and created tax cuts to effectively eliminate taxes for coal and oil producers.17
- In January 2021 President Biden made a commitment to oil subsidy reform, but the follow-through is not guaranteed, and is difficult, as the subsidies are mainly embedded in the tax code.18
And per this link, it appears many of these subsidies expired a number of years ago. And I not
well versed what is in the current tax codes. If you know, please share.
If the list came from Fox News, that wouldâve been okay, too. The purpose was to show that subsidies are commonplace, not some mysterious weapon aimed at Free Enterprise wielded by commie Greens who control the world banking system through space lasers and blackmailing those attending GOP key-bump parties.
1 Like