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Farmers are the backbone of America and there was no way Trump was going to let them suffer due to the tariffs. $12B will be a drop in the bucket once these trade deals are renegotiated & the tariffs lifted. As they say "It takes money, to make money.".
Good news on the tariff front, btw. The newly renegotiated NAFTA should be ready within a couple months now that the US and Mexico are close to a deal. If Canada doesn't want to renegotiate, the US & Mexico will sign a bilateral trade deal and end NAFTA, leaving Canada on their own. Canada, who's already been abandoned by the EU & Mexico, is in an economic free fall & can't last more than a couple more months. They're running out of time and have no leverage. Expect the tariffs to be lifted and a new NAFTA by the midterms.
BBM: "$12B will be a drop in the bucket once these trade deals are renegotiated & the tariffs lifted"
Tariffs renegotiated? The isolationist position of the USA is coming to fruition, surely everyone in the USA will be rejoicing! Economic War was initiated by the USA in 2018 under the watch of President Trump. The world is finding a way to respect USA isolationism, which means excluding the USA from trade deals.
Trump now appears to realize that industry will suffer from economic disruption, but does he realize that once other routes and economic trade relationships are established, there's no reason to return to the previous arrangement with the USA?
Should there be consequences? Yes. He's already play to corporate greed, cage children
They are losing those jobs because they are working in dying industries and refuse to retrain or take lower wages, like many others have in order to have employment. It is called progress.
I'm not hoping for anything. Trump has already destroyed things that I care about, so the economy? Whatever.
There is so much worng with your post and warped views, I will only tackle three.
I wonder if you can post some links to posts you criticized Obama/Hillary regarding so called corporate greed?
If you can't don't give me this all high & mighty rubbish that Trump is guilty, but Obama & Co are not.
Want to know the truth, I was actually hoping that Obama (who I did not vote for) was going to take it to the Wall Street fat cats, and make them pay via jail time and draining every ill gotten penny. I figured that was good for America, to try and deter these white collar criminals that fleeced every average working American.
Sadly it did not happen.
So don't try to lecture us on Trump, when the time to strike was when the iron was hot in 2009!
As to "caged children", it is funny how the liberals/leftists/Democrats are only now outraged. But when Obama & Co was doing the same and worse, nary a peep or protest occurred.
Even the hypocrites who posted pictures of kids sleeping in cages (not knowing they were from the Obama days), removed their pictures/posts once they discovered it was pictures from their boys administration. Yet unlike some (D's) who are finally coming out against Bill Clinton's sexual crimes, they are not criticizing Obama for his "caging of children".
Care to try and explain away that?
Funny how you dismissively claim Americans who are unemployed in careers in dying industries, yet many a country like China, India, Vietnam, etc. have those industries humming along, selling goods to the world.
These were industries America dominated in not all that long ago.
It is not so much those industries are dead, it is just the protectionist efforts of other countries to eviscerate our industry by currency manipulation and paying slave wages.
You have the gall to also mention not willing to work for less, yet your ilk helped to support unions which in some cases demanded textile workers be paid amounts that no American business could compete with compared to the likes of China.
Why weren't the Democrats telling unions that must take pay cuts to keep the work in America?
Yes union workers want decent wages, yet how could they afford to compete with someone who would work 7 days a week, 14 hours a day, for just 7 bowls of rice, and a little money to send home to the family every week.
The same is true of the rust belt who lost tons of jobs that other countries now dominate in.
Those jobs are not lost for lack of need, rather cheap labor and manipulated shenanigans of other countries helped steal the industries away from us.
Doesn't that sound familiar?
It should, because it was the Democratic taking points not all that long ago.
At least until their demands forced companies to go overseas to survive.
Also, there were some companies begging their workers to take just a little less to keep the business here, instead of it going overseas. PENN tennis was one of them. They were the last manufacturer of tennis balls in America, and desperately wanted ot stay in AZ. Yet their union convinced their members it was a corporate bluff, so they rejected the offer made by management. Guess what, no American company makes tennis balls any longer.
But it is not as if there is no demand for tennis balls, so the industry is still alive, just not in America.
Kind of takes the wind out of your sails, doesn't it?
Well it would appear you do put party/ideology above country, with this last gem. With such a dismissive comment, it is obvious you do feel the way Maher does. If it takes our economy going into the tank to get rid of Trump, so be it.
While I am glad America has afforded you the financial comfort to weather such a storm, many of your fellow citizens would suffer irreparably. Maher of course is a multi-millionaire, so he too can weather such a storm. At least he has the decency to apologize for his view, figuring many of his liberal/leftist sycophants will suffer.
You on the other hand seem as if you couldn't care less, so long as it keeps Trump from being re-elected in 2020.
That is the true definition of party over country.
BBM: "$12B will be a drop in the bucket once these trade deals are renegotiated & the tariffs lifted"
Tariffs renegotiated? The isolationist position of the USA is coming to fruition, surely everyone in the USA will be rejoicing! Economic War was initiated by the USA in 2018 under the watch of President Trump. The world is finding a way to respect USA isolationism, which means excluding the USA from trade deals.
Trump now appears to realize that industry will suffer from economic disruption, but does he realize that once other routes and economic trade relationships are established, there's no reason to return to the previous arrangement with the USA?
I wonder if Trump realizes that if he continues on with the tariff nonsense, there are other industries that will be affected and he might have to cough up more $$$s for them as well. Like say Walmart. Or Apple.
I wonder if Trump realizes that if he continues on with the tariff nonsense, there are other industries that will be affected and he migh have to cough up more $$$s for them as well. Like say Walmart. Or Apple.
Remember, Trump got none of the corporate financial backing in 2016, it all went to Hillary. The corporations knew Trump was 'America first' and that's not good for their global business models. Now he's leveling the scales via NAFTA, using tariffs and generally upsetting the corporate apple cart.
That's not to say Trump is anti-corporation, he's not. He wants them to invest here, hire here & take care of Americans workers. What he won't do is sell out the American worker, or farmer, in favor of the corporations. That's why they hate him so much.
The jobs aren't coming back. It doesn't matter what Trump does or doesn't do. They are still not coming back.
Only if it doesn’t add to the deficit. I have no problem revisiting the tax break bill and fixing the pass through loophole. But I harken back to the old Republican response, find the money and don’t add it to the deficit.
Isn't it a one time temporary fix? The tariffs are not going away, but if the subsidy returns to normal, only 20 billion will be given to farmers, not the newly announced 32 billion.
No, Trump is gifting the money, not loaning the money, so the money will not be repaid. However, this appears to be a one time deal intended to appease the farmers who voted Trump, so the gift may have no impact.
Besides being GOP/conservative territory, many of the farm states are also solidly behind His Orangeness (for now at least), and were instrumental to his winning WH. If that base becomes riled up and or their enthusiasm for either one or both of above declines, then some people had better watch out.
DT's $12million USD largesse is just the down payment, meant to get the GOP through the looming mid-term elections. If things on ground do not improve for farmers after November, look for more money to be shoved their way.
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