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Author Topic: Shocked GOP senators pan Trump's tariff announcement  (Read 1704 times)

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Offline edpc

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #50 on: March 02, 2018, 12:08:36 pm »
Quote from: kevindavis on March 02, 2018, 12:02:51 pm
"Certain industries cannot compete with foreign producers because of lower foreign wages and cost of living abroad...we pledge [tariffs] so American labor may command the home market, maintain its standard of living and count upon steady employment." --Herbert Hoover, 1930


Yeah - that was fantastic.  It was really great how those economic policies made a bad situation worse, got FDR elected four times, opened the door to entitlements, and set the stage for the most destructive war in human history.
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Offline kevindavis007

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #51 on: March 02, 2018, 12:42:05 pm »
Quote from: edpc on March 02, 2018, 12:08:36 pm

Yeah - that was fantastic.  It was really great how those economic policies made a bad situation worse, got FDR elected four times, opened the door to entitlements, and set the stage for the most destructive war in human history.


That is true.
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Offline Suppressed

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #52 on: March 02, 2018, 12:46:56 pm »
At least it has a catchy acronym:
The
Smoot-Hawley-Inspired Trump
plan
« Last Edit: March 02, 2018, 12:47:33 pm by Suppressed »
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Offline kevindavis007

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #53 on: March 02, 2018, 12:51:34 pm »
Quote from: Suppressed on March 02, 2018, 12:46:56 pm
At least it has a catchy acronym:
The
Smoot-Hawley-Inspired Trump
plan


 :silly: :silly: :silly: :silly: :silly: :silly: :silly: :silly: :silly:
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Offline guitar4jesus

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #54 on: March 02, 2018, 01:04:54 pm »
Quote from: Suppressed on March 02, 2018, 12:46:56 pm
At least it has a catchy acronym:
The
Smoot-Hawley-Inspired Trump
plan

 000hehehehe
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Offline GrouchoTex

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #55 on: March 02, 2018, 02:41:23 pm »
Quote from: edpc on March 02, 2018, 03:53:37 am




Maybe it's Bruce Bauxitener.

LOL, I hadn't seen him around lately.
Maybe, that is the reason for the shortage.
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Offline Weird Tolkienish Figure

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #56 on: March 02, 2018, 02:46:32 pm »
Congress can easily take back tariff powers from the President. Just saying.
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Offline Suppressed

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #57 on: March 02, 2018, 05:55:57 pm »
Quote from: Weird Tolkienish Figure on March 02, 2018, 02:46:32 pm
Congress can easily take back tariff powers from the President. Just saying.

Easily?

Would need to override, to undo the existing legislation.
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“He's so dumb he thinks a Mexican border pays rent.” --Foghorn Leghorn

Offline edpc

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #58 on: March 02, 2018, 06:00:10 pm »
Quote from: Suppressed on March 02, 2018, 05:55:57 pm
Easily?

Would need to override, to undo the existing legislation.


Speaking of easy, those trade wars started by tariffs are a cinch.  Trump said so.

"When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don't trade anymore-we win big. It's easy!"

http://www.gopbriefingroom.com/index.php/topic,306262.0.html
« Last Edit: March 02, 2018, 06:06:28 pm by edpc »
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Offline Formerly Once-Ler

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #59 on: March 02, 2018, 06:01:46 pm »
Quote from: Suppressed on March 02, 2018, 12:46:56 pm
At least it has a catchy acronym:
The
Smoot-Hawley-Inspired Trump
plan
:rolling:
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Offline Weird Tolkienish Figure

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #60 on: March 02, 2018, 06:47:46 pm »
Quote from: Suppressed on March 02, 2018, 05:55:57 pm
Easily?

Would need to override, to undo the existing legislation.

If the GOP turns on Trump, then I don't think overriding the veto would be difficult.

We have given the Presidency far too much power already.
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Offline Victoria33

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Re: Shocked GOP senators pan Trump's tariff announcement
« Reply #61 on: March 02, 2018, 07:31:26 pm »
Quote from: txradioguy on March 02, 2018, 01:55:34 am
Whatever extra money we thought we were gonna get from the tax cuts will be eaten up by higher gas taxes and higher prices for anything that has steel or aluminum in them.  You don't think the manufacturer is going to eat the increased cost on their end do you?
I'm not reaching...I'm just being realistic.
@txradioguy

Which is why, due to this news, the stock market is still tanking this Friday.
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