twa Posted January 10, 2020 Share Posted January 10, 2020 the manufacturing real output is still climbing https://fred.stlouisfed.org/series/OUTMS the trade issues,strong dollar and depressed oil prices are limiting it . manufacturing employment drops due to automation and lack of skilled workers can easily be addressed (a good problem) wage growth is better,though still needs improvement retail is still adjusting to the online economy the farmers bankruptcy filings are mainly debt restructuring whilw awaiting bailout money I'd be more worried about other areas such as the auto finance bubble and pension issues 2 Link to comment Share on other sites More sharing options...
JCB Posted January 10, 2020 Share Posted January 10, 2020 Yeah, it's hard to be completely serious about simple aggregate numbers, which generally fail to account for all the features of the gig economy: short-term jobs, no benefits, the need for multiple jobs, etc., etc. Link to comment Share on other sites More sharing options...
visionary Posted January 10, 2020 Share Posted January 10, 2020 How much money has Trump pumped into Big Tractor so far? Link to comment Share on other sites More sharing options...
NoCalMike Posted January 10, 2020 Share Posted January 10, 2020 Socialism for Farmers. Ain't it grand! 1 Link to comment Share on other sites More sharing options...
visionary Posted January 14, 2020 Share Posted January 14, 2020 Link to comment Share on other sites More sharing options...
@DCGoldPants Posted January 14, 2020 Share Posted January 14, 2020 2 hours ago, visionary said: They suck at this negotiating thing. Link to comment Share on other sites More sharing options...
Cooked Crack Posted January 15, 2020 Share Posted January 15, 2020 Link to comment Share on other sites More sharing options...
visionary Posted January 26, 2020 Share Posted January 26, 2020 1 Link to comment Share on other sites More sharing options...
Cooked Crack Posted February 7, 2020 Share Posted February 7, 2020 It's a good thing we are expending those tariffs. Definitely won't result in more jobs being lost. 🙄 Link to comment Share on other sites More sharing options...
China Posted June 3, 2020 Share Posted June 3, 2020 Trump administration moves to block Chinese airlines from US The Trump administration moved Wednesday to block Chinese airlines from flying to the U.S. in an escalation of trade and travel tensions between the two countries. The Transportation Department said it would suspend passenger flights of four Chinese airlines to and from the United States starting June 16. The decision was in response to China’s failure to let United Airlines and Delta Air Lines resume flights to China this month. The airlines suspended those flights earlier this year in response to the coronavirus pandemic that started in China’s Wuhan province. The Transportation Department said that China was violating an agreement between the two countries covering flights by each other’s airlines. Click on the link for the full article Link to comment Share on other sites More sharing options...
Cooked Crack Posted September 15, 2020 Share Posted September 15, 2020 (edited) Edited September 15, 2020 by Cooked Crack 1 Link to comment Share on other sites More sharing options...
China Posted February 7, 2021 Share Posted February 7, 2021 Another failure of the Trump Administration: America’s trade gap soared under Trump, final figures show The U.S. trade deficit over the four years of President Donald Trump’s presidency soared to its highest level since 2008, despite his tough tariff tactics intended to bring it down, a new Commerce Department report showed on Friday. The combined U.S. goods and services trade deficit increased to $679 billion in 2020, compared to $481 billion in 2016, the year before Trump took office. The trade deficit in goods alone hit $916 billion, a record high and an increase of about 21 percent from 2016. Trump failed in one of his major trade policy goals because the U.S. trade deficit is driven more by macroeconomic factors, like how much a country spends and saves, than it is by tariffs and foreign trade practices, analysts said. “The Trump administration never had a feasible plan for reducing the trade deficit,” explained Mary Lovely, a senior fellow at the Peterson Institute for International Economics. “Their 2017 tax cut ensured that the U.S. as a whole would continue to spend more than it produced, hence the need for a current account deficit. The tariffs on China reduced imports from China, but these were mostly replaced with imports from other sources.” Click on the link for the full article Link to comment Share on other sites More sharing options...
Busch1724 Posted February 7, 2021 Share Posted February 7, 2021 On a serious note, what would the talking point be from the right defending the tariffs? Link to comment Share on other sites More sharing options...
China Posted February 7, 2021 Share Posted February 7, 2021 4 minutes ago, Busch1724 said: On a serious note, what would the talking point be from the right defending the tariffs? The next line of the article: Quote Trump was successful in bringing down the bilateral trade deficit with China, as result of the tariffs he imposed on more than $350 billion worth of Chinese goods. Final figures show the trade gap with China totaled $311 billion in 2020, down sharply to the record high of $419 billion in 2018. Link to comment Share on other sites More sharing options...
Larry Posted February 7, 2021 Share Posted February 7, 2021 44 minutes ago, China said: The next line of the article: Quote Trump was successful in bringing down the bilateral trade deficit with China, as result of the tariffs he imposed on more than $350 billion worth of Chinese goods. Final figures show the trade gap with China totaled $311 billion in 2020, down sharply to the record high of $419 billion in 2018. ". . the record high in 2018, when he was also President, and when his trade war had been in effect for a year. Link to comment Share on other sites More sharing options...
Busch1724 Posted February 8, 2021 Share Posted February 8, 2021 Larry, I took it that way too. Link to comment Share on other sites More sharing options...
Cooked Crack Posted October 30, 2021 Share Posted October 30, 2021 Link to comment Share on other sites More sharing options...
China Posted January 31, 2022 Share Posted January 31, 2022 Farmers flourish under Biden, see recovery from Trump-era trade wars The prices of corn and soybeans have increased and demand is up for American exports. Donald Trump often espoused his love for America's farmers during his presidency. But after a year under President Joe Biden, farmers say they're actually feeling the love. "Well, certainly the difference between 2019 and 2021 is the differences in administrations," Montana Farmers Union President Walter Schweitzer said in an interview. "In 2019, our administration was at war with all of our customers." Under Biden, he said, the nation is "rebuilding our relationships with our customers." Trump courted support from farmers during his failed re-election campaign in 2020 and touted his administration’s trade relief, saying they were better off with government payments than relying solely on sales. While the focus of the Biden administration has been on its handling of the Covid-19 pandemic, and more recently the global standoff with Russian President Vladimir Putin over Ukraine, the farm sector has fared quite well under the new administration, as farmers ease off of government bailouts and see a boost in commodity prices. "We had farm income that was up by a pretty fair amount in 2021, almost to the record level of 2013, but not quite," said Patrick Westhoff, director of the University of Missouri’s Food and Agricultural Policy Research Institute. "Part of that, of course, was continuing government payments, but there was a very strong recovery in both crop and livestock prices last year." Click on the link for the full article Yet somehow the farmers will likely vote against their own interests again... 1 Link to comment Share on other sites More sharing options...
Riggo-toni Posted January 31, 2022 Share Posted January 31, 2022 You can't fix stupid. Link to comment Share on other sites More sharing options...
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