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Thread: US penalizes Chinese tires, infuriating Beijing

  1. #81
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    Re: US penalizes Chinese tires, infuriating Beijing

    Quote Originally Posted by Kandahar View Post
    Now China is planning to retaliate against the United States by slapping higher tariffs on our chicken and auto parts. What a shock. What were you guys saying about saving American jobs again?
    What exactly is the point?

    With the extreme imbalance in trade right now I doubt there is little they can do of any consequence in retaliation other than start WW3.

    Remember it was our politicians that made all the promises to the Chinese government to persuade them to back all the financial needs of spending more than you bring in for decades, and it was not the deals or fault of the American worker, and I believe most could give a rats ass on any resulting power play by the Chinese and even welcome the change it would bring.

    Just consider all the common household names that would disappear like Walmart, Black and Decker, and so many others who have put all the eggs into the cheap import basket if the supply of cheap Chinese products dried up all at once.

    Cant say I would be worried about the loss of all those low paying jobs with some of the worst bene's out there when they even offer them.

    Maybe we need to consider having our own town hall meetings as this is getting to be much to type out, and it just is not possible to make all the needed points without writing a damn novel.
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    Re: US penalizes Chinese tires, infuriating Beijing

    Quote Originally Posted by Kandahar View Post
    Now China is planning to retaliate against the United States by slapping higher tariffs on our chicken and auto parts. What a shock. What were you guys saying about saving American jobs again?

    Report: Protectionist Measures Rise - WSJ.com
    Very reminiscent of the Smoot-Hawley Tariff Act. Following in the footsteps of Hoover is a bad policy move IMHO.

    Smoot-Hawley Tariff Act
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: US penalizes Chinese tires, infuriating Beijing

    Quote Originally Posted by LennyD View Post
    What exactly is the point?

    With the extreme imbalance in trade right now I doubt there is little they can do of any consequence in retaliation other than start WW3.

    Remember it was our politicians that made all the promises to the Chinese government to persuade them to back all the financial needs of spending more than you bring in for decades, and it was not the deals or fault of the American worker, and I believe most could give a rats ass on any resulting power play by the Chinese and even welcome the change it would bring.

    Just consider all the common household names that would disappear like Walmart, Black and Decker, and so many others who have put all the eggs into the cheap import basket if the supply of cheap Chinese products dried up all at once.

    Cant say I would be worried about the loss of all those low paying jobs with some of the worst bene's out there when they even offer them.

    Maybe we need to consider having our own town hall meetings as this is getting to be much to type out, and it just is not possible to make all the needed points without writing a damn novel.
    Before you march off to your local town hall, consider the facts. It could save you from yourself. Ricardian Model
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: US penalizes Chinese tires, infuriating Beijing

    Quote Originally Posted by Goldenboy219 View Post
    Very reminiscent of the Smoot-Hawley Tariff Act. Following in the footsteps of Hoover is a bad policy move IMHO.

    Smoot-Hawley Tariff Act
    Ya, I figured that maybe Obama could've learned a lesson from Bush. Anyone remember when Bush implemented those steel tariffs in the first year of his administration against the advice of all his economic advisers, then had to embarrassingly remove them a few years later when it became obvious that his advisers were correct?

    Obama would do well to heed that lesson, rather than making exactly the same mistake again.
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    Re: US penalizes Chinese tires, infuriating Beijing

    ^^When have government officials ever taken an economic lessons? This country actually tried price controls, that should tell you something.

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    Re: US penalizes Chinese tires, infuriating Beijing

    Quote Originally Posted by Kandahar View Post
    Ya, I figured that maybe Obama could've learned a lesson from Bush. Anyone remember when Bush implemented those steel tariffs in the first year of his administration against the advice of all his economic advisers, then had to embarrassingly remove them a few years later when it became obvious that his advisers were correct?

    Obama would do well to heed that lesson, rather than making exactly the same mistake again.
    It appears that Obama would rather take advice from union leaders than from his economic advisers.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: US penalizes Chinese tires, infuriating Beijing

    Quote Originally Posted by Gill View Post
    John Deere has NOT shut down all of it's American plants. There are still plants in Wisconsin, Illinois, and Iowa that I know of and I'm sure there are others.
    I never said that they shut down all of there plants I stated that they shut down three of them and moved the Jobs out of the United States and then had those Tractors sent back tot he USA. Please try to read my all of my post.

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    Re: US penalizes Chinese tires, infuriating Beijing

    What a sad thread.

    Is there anything that Obama can do where he will not be attacked from the right?

    Hell! They'll even take the Communist Chinese side of the issue if it will score them poltical points.

    Nevermind this particular tariff is fully legal under international trade rules when a country is being flooded with cheap imports.

    When are you white middle aged, midlle class men going to start sticking up for yourself and your kids?
    Last edited by dragondad; 09-14-09 at 07:09 PM.

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    Re: US penalizes Chinese tires, infuriating Beijing

    Quote Originally Posted by dragondad View Post
    What a sad thread.

    Is there anything that Obama can do where he will not be attacked from the right?

    Hell! They'll even take the Communist Chinese side of the issue if it will score them poltical points.

    Nevermind this particular tariff is fully legal under international trade rules when a country is being flooded with cheap imports.

    When are you white middle aged, midlle class men going to start sticking up for yourself and your kids?
    It isn't a question of it being legal. It's a question of it being a good idea...which it absolutely is not.
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    Re: US penalizes Chinese tires, infuriating Beijing

    Quote Originally Posted by dragondad View Post
    What a sad thread.

    Is there anything that Obama can do where he will not be attacked from the right?
    I applaud Obama on this and hope its a start.

    Hell! They'll even take the Communist Chinese side of the issue if it will score them poltical points.

    That part does crack me up up those who claim to be patriotic American. Some of these people on this thread I understand because they are globalist, globalist do not give a **** about the future or sovereignty of their country nor could they care less that American jobs are being outsourced.




    When are you white middle aged, midlle class men going to start sticking up for yourself and your kids?
    Globalist scum do not care about things like that.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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