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Last year, U.S. manufacturers made about $5.4 trillion worth of goods and products (in constant 2009 dollars), according to the Bureau of Economic Analysis. ... After adjusting for inflation, manufacturing output in the first quarter of this year was more than 80% above its level 30 years ago, according to BLS data.Jul 25, 2017
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- Middle class gets tiny tax cuts
- Middle class is burdened with paying the tariffs that are designed to protect US corporations from China (among other) corporations
- US Corporations possibly get more sales due to tariffs
- US Corporations get the lion's share of the tax cuts
- US Corporations essentially increase their profits due to tax cuts as well as ostensibly through more sales of US-made goods
So, is all this money just funneling to the top 1%? And we are cheering this on?
Great! American steel mills are firing their blast furnaces back up, and aluminum smelters are restarting pot lines that had been shut down. And logging around here is busier than it's been since the early 90s. Thanks again!
And FYI, the tariffs on wood and aluminum are 10%.
Don't listen to the hypocrite Leftists here. Ask them if they supported OWS' message and they will all most likely say yes because they absolutely did. OWS' message was that importing stuff from China was BAAAAAD and that we should be buying American made products even if it costs more because that would in turn provide more jobs for citizens here in this country. Now, the Left has abandoned that entirely and supports complete Globalism. What a fallacy Progressivism is. They are for AND against everything at the same time depending on what their elected leaders say.
Looks like Trump's tariffs on Chinese goods will hit Walmart big time! Get ready to spend some of that tax cut on higher prices at Walmart. Just in time for Christmas! I guess those kiddies will have to do with less toys.
The U.S. tariff imposed last year on Canadian softwood lumber is about 20%.
Low tariffs in the past on Canadian lumber has accomplished a couple of things....One: US lumber mill closing because of low cost imported Canadian lumber. Two: Obvious lost of American jobs because of item one. Three: Canadian buying US lumber mills use to export logs to Asia.
Trump’s trade wars start biting GOP ahead of midterms
President Donald Trump’s trade battles are already triggering economic warnings — and rising danger for Republicans just ahead of the midterm elections.
As fresh U.S. tariffs on $200 billion in Chinese imports take effect Monday, surveys show consumers growing increasingly worried about higher prices this fall. Giant retailers such as Walmart are warning of price increases for manufactured goods. And smaller businesses in swing states and districts from Washington state, to Iowa, to Tennessee are complaining bitterly about big hits to their exports.
Yeah My grandkids only get American made toys not toxic China junk.
.........wanna bet?
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