My opposition to Trump's tariffs wasn't due to some doomsday economic scenario.

Report problem with this ad

Jul 11, 2019
2:19:41pm

mik3 Juan Camaney

It's simply because tariffs are a bad idea, bad for the economy, and even bad at accomplishing their purported goals.

The Economist

Tariffs are ineffective as well as counterproductive

A new study finds that they fail to reduce trade deficits

https://www.economist.com/graphic-detail/2019/01/15/tariffs-are-ineffective-as-well-as-counterproductive

Report problem with this ad

mik3

Previous username: mjo
New username: Dani Rojas
Bio page: mik3
Joined: Aug 14, 2008
Last login: Jan 5, 2021
Total posts: 0 (0 FO)

Report problem with this ad

Messages

Author

Time

For those of you who were adamant about a market and economic slow down to

BYU71

7/11/19 2:16pm

My opposition to Trump's tariffs wasn't due to some doomsday economic scenario.

mik3

7/11/19 2:19pm

At some point in the future the economy will slow. At that point does

BYU71

7/11/19 2:23pm

Whether the claim has merit will depend on any data backing up the assertion, IMO.

mik3

7/11/19 2:34pm

IMHO opinion, the longer the time the larger the number of things

BYU71

7/11/19 2:38pm

Right, lots of moving parts to the economy.

mik3

7/11/19 2:41pm

RE: Whether the claim has merit will depend on any data backing up the

crack

7/11/19 2:44pm

I learned that in Econ. 101 at BYU. Remember studying liquidity trap.

BYU71

7/11/19 2:49pm

Tariffs are bad, plain and simple. Just because there hasn't been a recession

Gente_Boa

7/11/19 2:50pm

Yep, even Trump agrees free trade is better if it is fair. Still one

BYU71

7/11/19 3:21pm

There is no qualifier, Free trade is better, even if it is not fair

Gente_Boa

7/11/19 4:33pm

I overall think it's long-term the right thing to make manufacturing in China...

Trent

7/11/19 3:55pm

Nobody, not even the best fund managers, can accurately call the exact period when a downturn will commence.

Pimpin4Paradise

7/11/19 2:21pm

Not only can the accurately call a downturn, they can't call an uptick.

BYU71

7/11/19 2:28pm

Tariffs generally make everyone worse off, but I think a market correction

inertiaman

7/11/19 2:22pm

Not disputing their findings, just an observation. Some of the worst

BYU71

7/11/19 2:31pm

Maybe you can time the market surge when student loan forgiveness and single-payer healthcare take effect

Indy Coug

7/11/19 2:26pm

99% of us (me included) are not smart enough to have an informed take on this.

Jeremy

7/11/19 2:29pm

Yo go girl! Work it.

WDaddy

7/11/19 2:30pm

I don't really have an answer, but based on my views, the market and economy are

crack

7/11/19 2:31pm

Neither do I. My thought though is over the long haul the economy and market

BYU71

7/11/19 2:34pm

I read on cougarboard that Trump has made the economy roar and to buy the index

RdF3

7/11/19 3:02pm

Did you really expect us to tell you the smart money was in real estate?

CougarThug

7/11/19 3:12pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad