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Old 02-23-2019, 11:48 AM
 
10,920 posts, read 6,915,650 times
Reputation: 4942

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Quote:
Originally Posted by evilnewbie View Post
Hundreds of billions in annual deficits with China about to be solved... MAGA... Not one previous president has managed that feat or even come close...
Lol......
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Old 02-23-2019, 11:59 AM
 
Location: London
12,275 posts, read 7,144,139 times
Reputation: 13661
So...welfare?
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Old 02-23-2019, 12:01 PM
 
Location: London
12,275 posts, read 7,144,139 times
Reputation: 13661
Quote:
Originally Posted by InformedConsent View Post
Food Stamp spending for FY2019 is budgeted at $84 billion. The aid given to the nation's farmers is only 9% of that amount. Let's eliminate both.
Sounds good to me
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Old 02-23-2019, 12:09 PM
 
1,675 posts, read 577,440 times
Reputation: 490
Quote:
Originally Posted by ohhwanderlust View Post
Sounds good to me
Never going to happen. Nearly all industries depend on billions of tax money. The food and farm industries are a tiny example of the corporate Welfare.
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Old 02-23-2019, 12:17 PM
 
10,920 posts, read 6,915,650 times
Reputation: 4942
Quote:
Originally Posted by Listener2307 View Post
Trump set aside 12 Billion to help the farmers and he is using it.
I don't see the problem. Promise made; promise kept.
The funds represent a portion of the $12 billion relief package that President Donald Trump pledged in July to offset the losses from retaliatory tariffs imposed by Beijing in response to Washington's tariffs on Chinese goods.

MAGA!
What are your thoughts on welfare?
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Old 02-23-2019, 12:20 PM
 
Location: NE Mississippi
25,581 posts, read 17,298,699 times
Reputation: 37349
Meh .... a 17,000 billion dollar economy paid 7.7 billion dollars.
Just doesn't peg my outrage meter.
Sorry, Dems.



Trump's approval is at 49% among registered voters, although it is at something less among the Americans who recently confronted Sen Feinstein, and Dems do not have a platform.
I'm happy.
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Old 02-23-2019, 12:20 PM
 
10,920 posts, read 6,915,650 times
Reputation: 4942
Quote:
Originally Posted by pknopp View Post
Socialism.
Actually correct. Funny to see supposed economic conservatives cheering on tarrifs, generally a very left-wing thing.
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Old 02-23-2019, 12:22 PM
 
Location: By the sea, by the sea, by the beautiful sea
68,330 posts, read 54,419,437 times
Reputation: 40736
USDA has paid out $7.7 billion to help farmers hit by Trump's tariffs.


So, despite Trump telling us America would never be a Socialist state, "winning" includes Socialism! for farmers.
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Old 02-23-2019, 12:35 PM
 
Location: Lost in Montana *recalculating*...
19,786 posts, read 22,688,984 times
Reputation: 24966
Yeah no kidding. Farmers were enjoying free trade, then Trump pulls the rug out with China and then most important TPP.

What a frekin’ moron with idiot followers. Dumb, dumb, dumb...
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Old 02-23-2019, 02:25 PM
 
23,177 posts, read 12,227,909 times
Reputation: 29354
Quote:
Originally Posted by animalcrazy View Post
If you consider the revenue brought in by American owned businesses in China, it just about wipes out the deficit according to Huang.
So if our trade balance isn't really that far off, why institute a trade war? Why not negotiate without collateral damage on both sides? After all Trump claims to be the best negotiator ever.

I agree that China needs to do better by us and stop stealing our technology and robbing our businesses, but I don't agree that a trade war is the best way to handle the situation. Yes we can bail out the farmers, but for how long if China imports all of their goods from other countries permanently? Wait a minute. Doesn't collecting social security, unemployment, welfare, and now welfare for farmers make us socialist?

Ok, first of all you can't just include revenues of American-owned businesses in China and declare that it balances the trade deficit without also including revenues of Chinese-owned businesses in America. Starwood Hotels, GE Appliances, Motorola Mobility, and AMC Entertainment are some of the many once-American businesses acquired by Chinese owners. When all is said and done, including foreign-based revenues might mean the trade deficit is even larger.


Second, you can't declare that a trade war is not the best way to handle the issues unless you can show evidence (not armchair theory) that a more effective way is available. We have been trying for 20 years to remedy these concerns. Political statements, inclusion in economic treaties, World Court lawsuits, sanctions, and other measures have proven ineffective.
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