He licks Jamie Dimon's balls - that's all he's worth when it comes to economic knowledge.
“I don’t like Trump but I like his policies”
- Thread starter 82hoosier
- Start date
I know for a fact Van doesn't know shit about the Markets. Neither does Bailey.
My Land Man reference was a joke although they got the basics right. But if you don't understand about oil prices and the impact on domestic energy companies, do a little research. I'm not explaining it to you.
No need to explain it. You were criticizing Van while citing a TV show. I''m not going to explain how how hilarious that is.
Barcelona vs. Dortmund (Apr 9, 2025) Live Score - ESPN
Live coverage of the Barcelona vs. Borussia Dortmund Uefa Champions League game on ESPN, including live score, highlights and updated stats.
Did you consider the possibility that Brad was calling you out for denigrating Wendy's managers?
ok so how did that hurt us and what is a tariff going to do to fix that? Factories won't be coming back regardless of tariffs so what would change other than tanking the economy and making everyone pay more?
The U.S. Trade Deficit: How Much Does It Matter?
President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.
www.cfr.org
Factories won't be coming back? They already are, Nostradamus.ok so how did that hurt us and what is a tariff going to do to fix that? Factories won't be coming back regardless of tariffs so what would change other than tanking the economy and making everyone pay more?
The U.S. Trade Deficit: How Much Does It Matter?
President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.
That's just the MAGA hats, and Trump flags.
About factories coming back…where will they be located? Are all the buildings and equipment here just waiting for someone to show up and turn everything back on? Are old, abandoned factory buildings fully ready to go, or will there have to be some work done? If there isn’t a building ready to go, how long does it take to build a factory?ok so how did that hurt us and what is a tariff going to do to fix that? Factories won't be coming back regardless of tariffs so what would change other than tanking the economy and making everyone pay more?
The U.S. Trade Deficit: How Much Does It Matter?
President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.
@VanPastorMan Here's a short blog post from today from an economist explaining how economics (majority of them, probably a vast majority of who you would call conservative economists) views the trade imbalances that Trump is worried about.
Bilateral trade and barter - Econlib
There are some concepts that seem so obvious as to need no explanation. But once in a while I discover that not everyone views the world in the same way, and the obvious may require a bit of explanation. Let’s start by considering a world with no money, relying on barter. Suppose Australia...
www.econlib.org
Also, a piece explaining why, even if this is a negotiation tactic, there is a cost to doing it this way:
The Reason of Rules: Uncertainty is the Growth Killer - Econlib
Like just about every college professor, I give my students a syllabus at the beginning of the semester. However, I write my syllabus like a contract. It is split into sections with clauses. The sections detail various aspects of the class (location, topic list, etc.) but also highlight...
www.econlib.org
Let us know when he finishes reading your assignment.@VanPastorMan Here's a short blog post from today from an economist explaining how economics (majority of them, probably a vast majority of who you would call conservative economists) views the trade imbalances that Trump is worried about.
Bilateral trade and barter - Econlib
There are some concepts that seem so obvious as to need no explanation. But once in a while I discover that not everyone views the world in the same way, and the obvious may require a bit of explanation. Let’s start by considering a world with no money, relying on barter. Suppose Australia...www.econlib.org
Also, a piece explaining why, even if this is a negotiation tactic, there is a cost to doing it this way:
The Reason of Rules: Uncertainty is the Growth Killer - Econlib
Like just about every college professor, I give my students a syllabus at the beginning of the semester. However, I write my syllabus like a contract. It is split into sections with clauses. The sections detail various aspects of the class (location, topic list, etc.) but also highlight...www.econlib.org
And where does that money come from. Is the government going to subsidize it. For many that investment $ has already been raised and spent
7-12 years average to up to 15 for the larger plants
1. Find the site, what do you plan on building, find a lender, subsidies, etc. this is all after lengthy cost benefit analysis
2. Prelim site plsn
3. Lender involvement and approvals
4. Schematic Design and approval by owner, govt and lenders
5. Repeat and rinse at design development.
6. Repeat and rinse at construction docs
7. Build it
In the interim you are value engineering; adding and subtracting.
I didn’t even mention the environmental phases pre and post construction, the infrastructure around the plant, etc. tariffs or no tariffs? Can we attract the workers, how much do we pay them, etc.
It’s a lot when you are talking about large scale industry.
First article. Why would we give up tariffs for token concessions? We want real ones. The second article the author understood the possibilities of what tariffs could do, but basically admitted not to know why they are being done and how it would turn out.@VanPastorMan Here's a short blog post from today from an economist explaining how economics (majority of them, probably a vast majority of who you would call conservative economists) views the trade imbalances that Trump is worried about.
Bilateral trade and barter - Econlib
There are some concepts that seem so obvious as to need no explanation. But once in a while I discover that not everyone views the world in the same way, and the obvious may require a bit of explanation. Let’s start by considering a world with no money, relying on barter. Suppose Australia...www.econlib.org
Also, a piece explaining why, even if this is a negotiation tactic, there is a cost to doing it this way:
The Reason of Rules: Uncertainty is the Growth Killer - Econlib
Like just about every college professor, I give my students a syllabus at the beginning of the semester. However, I write my syllabus like a contract. It is split into sections with clauses. The sections detail various aspects of the class (location, topic list, etc.) but also highlight...www.econlib.org
What we should want is a more level playing field. If they tariffs us we tariffs them. I would also like to see international working conditions and pay across the board. Also if one country has requirements to save the environment then all should. Again it is about a level playing field.
Sure they are. Riding in on Santa's sleigh with the briefcase full of evidence of election fraud I am sure
I don't think it's possible to dictate wages, working conditions, and environmental policy for every nation we trade with.
But that actually sounds like something certain portions of the left would agree with.
What about environmental costs? Is it fair that China can pollute where other nations have to absorb costs to not do so?
And, how much of a f*#k up Vance is too. Daddy's boy is the GOP heir apparent, isn't he?
My man, you have been a climate denier for years. Now it matters?
AOC doesn't really look/act very authoritative. As an example, she's really had trouble responding to the screechings of MTG.
Not sure if he is or isn't. He seemingly steps in it every time he speaks. He makes Dan Quayle look like an upgrade.
The WSJ had a very good article on what Trump is NOT factoring into trade balances--namely, services: https://www.wsj.com/economy/trade/u...fe481e2b?mod=WSJ_home_supertoppermiddle_pos_4
We send more services exports than what we get here in the US, and it isn't close. He left these service experts out of his tariff math (apart from his bullshit tariff calculation), but they are being pulled into the trade wars. Go figure. The US Services trade surplus is at $295 billion, and expected to continue growing.
MM, you bring up some good points about the problems associated with America attempting to somehow restore its manufacturing.
To make matters worse as per a recent book (Stuck, by Yori Applebaum) , the nation's workers mobility is at a historic low. As Applebaum explains in this video, workers in manufacturing simply cannot make enough money to make the cost of the move and provide the family with new housing to justify the move.
The dream of restoring America's manufacturing with a new approach in trade policies just overlooks many obstacles which must be overcome. Some would call it a pipe dream.
Last edited:
Very hard these days on the manufacturing side when you have such an advanced country like us to create new jobs in the wake of significant automation. Whatever role AI plays, I'm sure that would all go into the mix.
I remember when we had a big company coming in and building one of their biggest (if not the biggest) factory in the US. Thought that's great. But it's so automated that it didn't really employ as many people as you would think.
How many factories would need to come in just to replace 1 factory of old...in terms of employment numbers?
Even if GM, Delco Remy, etc came back. They wouldn't require as many employees as they had in the good old days.
MM, in my view, government should be supporting free market private enterprise innovation, such as AI, instead of kicking a dead horse.
Face reality, put our tax dollars to promote innovation and jobs of the future rather than playing politics with fond recollections about what we once were.
I don't disagree--but we will always have some level of manufacturing because of the auto industry. The Auto industry isn't really a US thing either, but really more of a North American thing. But to your point, we will never be able to go back in time.
Of course, trade deficits by themselves are not necessarily a bad thing. But they're bad when achieved by unfair trade practices, which is what Trump is saying, I believe.@VanPastorMan Here's a short blog post from today from an economist explaining how economics (majority of them, probably a vast majority of who you would call conservative economists) views the trade imbalances that Trump is worried about.
Bilateral trade and barter - Econlib
There are some concepts that seem so obvious as to need no explanation. But once in a while I discover that not everyone views the world in the same way, and the obvious may require a bit of explanation. Let’s start by considering a world with no money, relying on barter. Suppose Australia...www.econlib.org
Also, a piece explaining why, even if this is a negotiation tactic, there is a cost to doing it this way:
The Reason of Rules: Uncertainty is the Growth Killer - Econlib
Like just about every college professor, I give my students a syllabus at the beginning of the semester. However, I write my syllabus like a contract. It is split into sections with clauses. The sections detail various aspects of the class (location, topic list, etc.) but also highlight...www.econlib.org
The other factor is revenue from tariffs. If we continue with the Trump tax cuts from his first administration, we'll probably need that revenue, since so many Democrat-implmented programs factored in those tax cuts going away.
Coming from someone who believed everything Biden and MSNBC says, that's rich.
You can be against pollution and still not think climate change is caused by man.
Both things can be true.
