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Old 08-19-2019, 09:46 PM
 
34,625 posts, read 18,826,905 times
Reputation: 7705

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Quote:
Originally Posted by biggunsmallbrains View Post
Tariffs, aka taxes. Remember when the Tea party was apoplectic over such things? Fun times. Trump, the gift that keeps on giving.

Tariffs are expected to cost American households up to $1,000 per year when the next round goes into effect on September 1, according to a new note by J.P. Morgan.

According to the bank’s analysts, the cost of the U.S.-China trade war borne by consumers is likely to rise from around $600 per year — based on the first two “phases” of the tariffs on Chinese imports — to around $1,000, based on the third round of tariffs.


https://www.yahoo.com/finance/news/t...115849705.html

So you are against all those that want to raise taxes, aka the dems?
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Old 08-20-2019, 05:04 AM
 
Location: OH->FL->NJ
10,308 posts, read 8,220,979 times
Reputation: 4420
Quote:
Originally Posted by biggunsmallbrains View Post
Tariffs, aka taxes. Remember when the Tea party was apoplectic over such things? Fun times. Trump, the gift that keeps on giving.

Tariffs are expected to cost American households up to $1,000 per year when the next round goes into effect on September 1, according to a new note by J.P. Morgan.

According to the bank’s analysts, the cost of the U.S.-China trade war borne by consumers is likely to rise from around $600 per year — based on the first two “phases” of the tariffs on Chinese imports — to around $1,000, based on the third round of tariffs.


https://www.yahoo.com/finance/news/t...115849705.html
The taxes are regressive in nature. Many in the tea party have zero problem with regressive taxes.
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Old 08-20-2019, 07:27 AM
 
10,084 posts, read 4,717,449 times
Reputation: 13198
Quote:
Originally Posted by subaru5555 View Post
The two events are not at the same point, genius.

And even if they were (which they’re most certainly not), how does that prove the basic fundamentals of tariffs incorrect? For all you know it could be the result of.....tariffs......

The two events are at exactly the same point. You really have no honor. But thanks for exposing it because while you may lie and obfuscate, all the other readers can look at the chart and see. What tariffs occured in 2011-2012? And "for all you know" the rise in 2018 could be the result of something other than tariffs.



https://libertystreeteconomics.typep...18a8200b-500wi


One can see the low dip in PPI occurs halfway between 2010 and 2012. That would be 2011. One can also see the low dip in CPI occurs halfway between 2010 and 2012. The high points for both are also just after 2012, a little before halfway between 2012 and 2014.

Last edited by CaseyB; 08-20-2019 at 02:53 PM..
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Old 08-20-2019, 09:04 AM
 
3,689 posts, read 2,361,919 times
Reputation: 1989
So tariffs have coming out about $4200 ahead per year, sounds about right and aligns with my bank account.
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Old 08-20-2019, 12:43 PM
 
Location: Ohio
20,240 posts, read 14,410,681 times
Reputation: 16450
Quote:
Originally Posted by oceangaia View Post
The two events are at exactly the same point. You really have no honor. But thanks for exposing it because while you may lie and obfuscate, all the other readers can look at the chart and see. What tariffs occured in 2011-2012? And "for all you know" the rise in 2018 could be the result of something other than tariffs.






One can see the low dip in PPI occurs halfway between 2010 and 2012. That would be 2011. One can also see the low dip in CPI occurs halfway between 2010 and 2012. The high points for both are also just after 2012, a little before halfway between 2012 and 2014.

Couldn't rep you again, but thanks for posting that.

It's interesting that PPI was basically flat for 5 straight years during which time the CPI decreased from about 105 points to 80 points or a difference of 25 points.

If tariffs really did cause PPI to increase, it only increased 6 points, which suggests manufacturers could easily absorb the costs instead of passing them on, but have chosen not to do so.

In any event, the CPI is still less than it was in 2012.
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Old 08-20-2019, 01:09 PM
 
Location: AZ
2,187 posts, read 461,477 times
Reputation: 980
Quote:
Originally Posted by oceangaia View Post
The two events are at exactly the same point. You really have no honor. But thanks for exposing it because while you may lie and obfuscate, all the other readers can look at the chart and see. What tariffs occured in 2011-2012? And "for all you know" the rise in 2018 could be the result of something other than tariffs.






One can see the low dip in PPI occurs halfway between 2010 and 2012. That would be 2011. One can also see the low dip in CPI occurs halfway between 2010 and 2012. The high points for both are also just after 2012, a little before halfway between 2012 and 2014.
Speak for yourself. The events between 2010 and 2012 occurred at different points in time on both charts.

And I still don’t see how that’s relevant to tariffs being passed....
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Old 08-20-2019, 02:15 PM
 
Location: Las Vegas & San Diego
347 posts, read 59,174 times
Reputation: 346
Quote:
Originally Posted by craigiri View Post
Although, with Trump....who hates American Business, this may just make sense.
That statement is utter BS - what are you basing it on.
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Old 08-20-2019, 05:59 PM
 
4,006 posts, read 1,888,056 times
Reputation: 3957
Quote:
Originally Posted by ddeemo View Post
That statement is utter BS - what are you basing it on.
Based on TDS
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Old 08-20-2019, 06:04 PM
 
Location: the Sticks
9,193 posts, read 2,611,387 times
Reputation: 4881
Tariffs aren't costing me a grand. What cost me a hell of a lot more however was the ACA that the democrats forced upon us.

It amazes me how suddenly the democrats care about working-class America.

They didn't care when they sold out with NAFTA. Didin't care as they made it so easy for companies to avoid penalties for leaving. Didn't care when they made the lop-sided trade deals that killed American manufacturing. But, suddenly they care?
Horse sheet plain and simple.

Tariffs will cost us more, but dubbing the minimum wage for unskilled, no responsibility workers won't? Right.
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Old 08-20-2019, 06:08 PM
 
4,006 posts, read 1,888,056 times
Reputation: 3957
Quote:
Originally Posted by boneyard1962 View Post
Tariffs aren't costing me a grand. What cost me a hell of a lot more however was the ACA that the democrats forced upon us.

It amazes me how suddenly the democrats care about working-class America.

They didn't care when they sold out with NAFTA. Didin't care as they made it so easy for companies to avoid penalties for leaving. Didn't care when they made the lop-sided trade deals that killed American manufacturing. But, suddenly they care?
Horse sheet plain and simple.

Tariffs will cost us more, but dubbing the minimum wage for unskilled, no responsibility workers won't? Right.
Republicans worked with them to sell us out on trade deals.
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