Devils Advocate
Brudda o da bomber
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Devils Advocate
Brudda o da bomber
Wed, Jul 10, 2019 2:58 PM
posted by QuakerOats
retail price history:
2010
|
2.79
|
2011
|
3.53
|
2012
|
3.64
|
2013
|
3.53
|
2014
|
3.37
|
I will take where we are today.
Better than July 2008. I am sure you just neglected to go back to the Bush years.
4.11 a gallon....... Wow
Dr Winston O'Boogie
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Dr Winston O'Boogie
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Wed, Jul 10, 2019 3:37 PM
Dr Winston O'Boogie
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Dr Winston O'Boogie
Senior Member
Wed, Jul 10, 2019 9:59 PM
You guys are reading way too much into my post. I was being humorous with QO because of his Trump-can-do-no-wrong slant. I have spent most of my career in the mining and steel industries, so I am thoroughly familiar with integrated vs EAF production - and the shift between them that has been underway for 50 years.
The article wasn’t really about that it was about his visit to a particular plant where he took credit for bringing jobs back to that specific plant, and now that furnace is idled. Just funny since no president - repub or dem - is nearly as powerful on the economic stage as Trump thinks he is
ill be be happy to discuss the intricacies of the steel industry anytime though
O-Trap
Chief Shenanigans Officer
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O-Trap
Chief Shenanigans Officer
Mon, Jul 29, 2019 1:24 PM
O-Trap
Chief Shenanigans Officer
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O-Trap
Chief Shenanigans Officer
The title of this thread is appropriate after some of the president's words today:
"In one voice, our nation must condemn racism, bigotry, and white supremacy. These sinister ideologies must be defeated. Hate has no place in America. Hatred warps the mind, ravages the heart, and devours the soul."
Spot on, Mr. President. I'll happily give credit where it's due, and that was stated in a way that we should expect it to be stated by the POTUS. Not everything said in that speech was without problem, but that was a bright moment in it.
(I know some of it was hyperbolic, but what president hasn't included that in his well-said speeches?)
Devils Advocate
Brudda o da bomber
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Devils Advocate
Brudda o da bomber
Wed, Aug 14, 2019 9:39 PM
posted by QuakerOats
DJIA 27,000 +
S&P 3,000 +
Do your dd
Take care
........
like_that
1st Team All-PWN
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like_that
1st Team All-PWN
Thu, Aug 15, 2019 8:36 AM
posted by Devils Advocate
........
I have a great idea. Let's impose tariffs on a country that gives 0 fucks about their people suffering and those people can't do anything about it. That will do it!
Devils Advocate
Brudda o da bomber
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Brudda o da bomber
Thu, Aug 15, 2019 10:26 AM
So then......
The cure for rape is a good fuckin huh?
O-Trap
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O-Trap
Chief Shenanigans Officer
Fri, Aug 16, 2019 11:11 AM
posted by QuakerOats
Yeah, it has been so much fun being economically raped for 3 decades.
a) We've not been economically raped.
b) Even if we had, free market economics has actual principles for how to combat that.
c) It's not "tariffs."
I feel like if we played Madlibs, this could be clearer.
_________ has been more financially successful than ________, so we should pass __________ to make them more even.
Richard, Stanley, taxes
China, America, tariffs
The logic is the same, either way. The kicker is that "China" doesn't suffer from the tariffs. Initially, the private companies that export from China do, but they adjust their prices, as any good business would. That, or they cheapen the product (not likely, since Chinese products are already fairly cheap) or lower the labor cost (not likely, as Chinese labor is already very low cost ... hence the competitive pricing).
So they pass the bill on to American importers.
Our private companies and business owners ultimately foot the bill.
iclfan2
Reppin' the 330/216/843
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iclfan2
Reppin' the 330/216/843
Fri, Aug 16, 2019 12:14 PM
posted by QuakerOats
Actually what has really happened is that most American companies importing from China negotiated lower prices from Chinese manufacturers to make up for the tariffs, or moved their manufacturing facilities out of China to other SE Asia countries. China is indeed bearing the brunt of the tariffs. Sorry to break your bubble.
Not necessarily. Obv companies are looking for vendors now in Bangaldesh, Vietnam, etc., but it isn't a quick process. Price increases are coming, depending on if items are in the Sep or Dec tariff dates. The manufacturer is not going to eat the 10%, the wholesale stores aren't going to eat the 10%, the end result is the consumer will eat the majority of the 10%. I work closely with the Retail Apparel industry, and some companies are way weighted in China than others. So not everything is going up, but there will be increases unless Trump keeps delaying them.
O-Trap
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O-Trap
Chief Shenanigans Officer
Fri, Aug 16, 2019 1:25 PM
posted by QuakerOats
Actually what has really happened is that most American companies importing from China negotiated lower prices from Chinese manufacturers to make up for the tariffs, or moved their manufacturing facilities out of China to other SE Asia countries. China is indeed bearing the brunt of the tariffs. Sorry to break your bubble.
You think negotiating for lower prices has only started since the tariffs came into effect? Or do you just think they've somehow gotten magically better at it since the tariffs?
It's okay. You don't have to answer. I wouldn't want the inconvenience of that to get in the way of your belief that increased regulation and big-gubmint manipulation of the way private businesses operate are a good thing when the people endorsing it have a little 'R' next to their names. The hypocrisy of it is entertaining.
O-Trap
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O-Trap
Chief Shenanigans Officer
Fri, Aug 16, 2019 2:42 PM
posted by QuakerOats
For decades our government sold out American manufacturing with asinine trade agreements. At the same time, the same government made it ten times more costly to compete against our newfound trade enemies by imposing massive regulations upon industry, manufacturing in particular. So government hands our market to foreigners at the same time it handcuffs (destroys) our ability to compete. And now, because Trump is rolling back many of those onerous regulations and charging foreigners for access to our market, you liken it to “increased big gubmint manipulation”. That is laughable; talk about hypocrisy.
Who's attributing rollbacks to increased regulation and manipulation? Not I, if you go back and read, so I'm not sure who you're talking about.
Did I liken tariffs to it? Of course, I did. That's what it is. Anytime two private entities wish to engage in an exchange, and government comes in and either regulates the exchange or legislates itself into getting a cut of the deal, that is increased big government manipulation.
Look, I get that you'll toe the line on practically everything he does. He really could shoot someone in the middle of the street, and you'd find a way to defend it. But let's stop pretending that the tariffs are anything but opposed to free market economics. This is 101 stuff, here.
EDIT: I do have to give you credit for the proper use of a semicolon. You don't see that enough, these days.
Dr Winston O'Boogie
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Dr Winston O'Boogie
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