Were you posting this every time a con made a post about how stock market drop was indicative of Bidens poor performance and how he had to go?
LOL
That would take a lot of posting.
I have been consistently bearish on the market.
I have been consistently bearish on the economy.
Nothing about Donald Trump’s election changes that for me.
You remember my old avatar, don’t you?
As for your specific question,
I posted the first iteration of that chart in May 2023
Followed by this one 12 days later
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Biden did have to go. Thank God for Trump.
I see Trump is going to raise steel and aluminum another 25 percent on Wednesday morning.
Premier Doug Ford threaten to shut off electricity all together.
OK…do it. All those new nuclear power plants sitting idol once Trump declare national emergency and fire up all those old coal plants.
That and speeding up the process of those portable nuclear power plants.
Then Canadians will be sitting on unused power. It’s not like they can pack up their unsold electricity and sell it to Europe.
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I see our friends to the north is now back peddling.
Maybe it’s not a good look to raise people electricity…or maybe once United States start firing up their old coal power plants it would make those brand new nuclear plants useless.
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Tariffs
Ronald Reagan style
Our naysayers seem to ignore the power the United States can flex while working to achieve fair trade, and trade policies which advance the common defense and general welfare of the United States.
The United States has been taken advantage of for over 30 years when it comes to trade. It’s time for the United States to use its big stick to achieve fair and free trade.
The current trade deal Canada is operating under is the one Trump put in place.
What is considered “fair” trade anyway?
That won’t matter even a tiny little bit until summer
Summer electric usage = 1.3X winter usage.
Donald Trump’s actions regarding Canada confuse me a bit, but “Canada shuts off electricity to a few states,” simply won’t matter until summer.
Not only did Trump put this deal in place, but as part of the deal there are procedures for dealing with disputes, none of which involve one country slapping new tariffs on other countries in the agreement.
So the question actually becomes “What kind of trade deals can happen with the United States under Trump if Trump can’t be trusted to honor the agreements?”
This is a question more and more countries are going to start asking.
But MAGAs…go ahead and keep assuming the United States is invulnerable.
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To review:
Trump threw out NAFTA.
Renegotiated a deal with Canada and Mexico.
Called it the best, most fair deal ever.
Corps spent billions retooling operations to take advantage of the new deal.
What’s changed? Why start a war with canada and Mexico? Why should these corps suffer for following Trumps deal?
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I agree with Trump in his use of specific tariffs where they are used to force neighbors to stop dumping drugs or illegals in our country or to take back their own citizens who are here illegally.
Beyond that, when lower or higher tariffs are long run an advantage or harming to our economy? I don’t really have a strong sense of that so I have little to say on the subject.
Beyond tariffs-for-an-objective
tariffs are no better and no worse than any other tax.
All taxes make ‘A’ or ‘B’ or ‘C’ more expensive.
All taxes always reduce the quantity of ‘A’ or ‘B’ or ‘C.’
Hate fossil fuels? Tax that.
Hate items made in dirty low wage economies? Tax those.
Hate middle-class labor? Tax that.
Reducing taxes on overtime, reducing taxes on SS etc. and replacing them with tariffs is a good plan.
The truth is, there has been a very big issue with Canada’s cheating, ever since the NAFTA.
See: NAFTA lawsuits target Canada most, U.S. hasn’t lost yet
"Since the agreement came into force in 1994, Canada has been sued 39 times by foreign companies claiming Canadian policies have violated their rights under NAFTA.
That is almost half of the 84 challenges made against all three nations under the investor state provisions.
Canada has lost or settled eight cases and paid more than $215 million in compensation, while the United States has still not lost a single case or paid out a single dollar in compensation."
What is considered “fair trade”? Trump negotiated the current trade agreement
Equal tariffs and reciprocal tariffs which Trump advocates. Do you agree with that?
Canada cheats as I pointed out HERE
Maybe… it’s depends. “Fair” is subjective.
For example…
We really need wood from Canada… we just don’t have the forestry they do to keep up with manufacturing demand.
If we pay more for their wood than they pay for our diary… is that a fair deal? Maybe… depends on how bad we need their wood vs how bad they want our dairy.
But as long as both parties get what they need… that is considered fair.
Right now… Canada doesn’t think it’s fair that Trump is going against a deal HE NEGOTIATED.
