- Jul 19, 2010
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Clam just blows a gasket thinking about him
When Clam’s posts come up I can actually feel the heat coming off my screen. I have to stand back.
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Clam just blows a gasket thinking about him
Does the lube get too runny?When Clam’s posts come up I can actually feel the heat coming off my screen. I have to stand back.
But its not the other side asking questions or bringing forward witnesseswhy, shouldn't the other side get to ask their questions and bring forward their witnesses and cross examine the ones going after their guy. I mean isn't that whats called fairness
Edit. But I am so looking forward to seeing your side squirm and have the hammer down on them and what they did and its only a few short months away assuming the house falls in mid terms
Fields was blunt about why Ford changed its mind, canceling a $1.6 billion factory slated for San Luis Potosi. "The reason that we are not building the new plant,” he said, “the primary reason, is just demand has gone down for small cars.”
That's normal lol.I don’t listen to much from the UK but I heard a speech of his today, and it sounded like he looks, drunk.
Dead man walking since c19-party-gate.BOJO resigning
Don't forget about Brazilian President Bolsonaro...I had the Three
Trump, Bojo and Scomo.
Bojo and Scomo far less destructive to democracy though.
Only idiot sheep would think this...The fact you blokes hate Trump the most tells me he’s by far the smartest of the three.
That is all.
It's often about electing the lesser s**t show.Not being Boris = better
Like not being Scomo makes Albo better and not being Trump makes Biden better.
It's not a great deal to hang your hat on, but it's something
so basically obama left trump an economy fast on the rise..In Trump's First 30 Months, Manufacturing Up By 314,000 Jobs Over Obama; Which States Are Hot?
In the last 30 months of President Obama’s term, manufacturing employment grew by 185,000 or 1.5%. In President Trump’s first 30 months, manufacturers added 499,000 jobs, expanding by 4.0%. ...some 314,000 more manufacturing jobs were added under Trump than under Obama, a 170% advantage.www.forbes.com
In the last 30 months of President Obama’s term, manufacturing employment grew by 185,000 or 1.5%. In President Trump’s first 30 months, manufacturers added 499,000 jobs, expanding by 4.0%.
Did Donald Trump Bring Back American Jobs?
Donald Trump promised to be the greatest job-producing president in history. Learn how his policies and the pandemic affected the administration's job-creation efforts.www.thebalance.com
Key Takeaways
President Trump's policies and negotiations resulted in:
Seems like a net positive for the country...mostly wiped out by the new 'administration'
- 6.6 million jobs created before the pandemic
- Tariffs on $250 billion in Chinese imports
- A renegotiation of NAFTA with the intention of bringing jobs back to the U.S.
- A reduction of the corporate tax rate from 35% to 21%
- Removal of a key Dodd-Frank requirement for banks with assets of less than $100 billion
Will be interesting to see how Trump handles Ukraine when he takes the reigns in 2024. CTID will probably have to change his avatar.
It seems you got the exact opposite out of that than what it really said, But Covid was the only reason in the final year of trumps term thins regressed with most of the country and world in lockdown. And since then its got far far far worse under Bidenso basically obama left trump an economy fast on the rise..
and trump left Biden an economy heading down the gurgler.
you do love own goals don't you..
Where is the Border Wall Mexico paid forKey Takeaways
President Trump's policies and negotiations resulted in:
Seems like a net positive for the country...mostly wiped out by the new 'administration'
- 6.6 million jobs created before the pandemic
- Tariffs on $250 billion in Chinese imports
- A renegotiation of NAFTA with the intention of bringing jobs back to the U.S.
- A reduction of the corporate tax rate from 35% to 21%
- Removal of a key Dodd-Frank requirement for banks with assets of less than $100 billion
Friday’s awful jobs report from the Labor Department showed there were still 3 million fewer jobs in the United States than there were on Inauguration Day 2017, when Trump stood in front of the Capitol and vowed to reverse the American carnage.
On the basis of the stock market and gross domestic product (GDP), the economy is in fact performing very well. But those trends already existed before the TCJA became law. The unemployment rate — 3.5% in February 2020 — has reached its lowest level in more than 50 years, but data from the U.S. Bureau of Labor Statistics (BLS) shows that unemployment has been steadily declining since 2010. There isn’t currently enough evidence to show that Trump’s tax cuts lowered the unemployment rate more quickly. Preliminary data from the U.S. Bureau of Economic Analysis (BEA), released in February, also suggests that GDP has actually been slowing as of late.
Along with the U.S. bringing in less tax revenue since Trump’s tax reform, the U.S. deficit has increased significantly.
I'll take Reuters analysis over the joke far left democrat mouthpiece WAPO, and it refers to strong growth but that the CoronaVirus effect would be a dampener on itWhere is the Border Wall Mexico paid for
But in all seriousness, can you show the net benefit of those 4 things ?
Especially given the jobs bit seems almost far fetched
I can't find anything beneficial on the NAFTA
It appears the Tax reduction has just meant less income
Who Benefited Most From the Trump Tax Cuts? – Policygenius
The Tax Cuts and Jobs Act was the biggest tax reform since 1986, but data suggest that not all Americans benefited as much as the Trump administration promised.www.policygenius.com
And can you explain why making Banks hold less capital is a good thing ? (That's the Dodd-Frank thing)
It should be reasonably easy given they are your big 4 benefits
So can you point to the economic benefit of the amended NAFTA ? Not just words. There must be economic data that is backing this up if it's such a big thing.I'll take Reuters analysis over the joke far left democrat mouthpiece WAPO, and it refers to strong growth but that the CoronaVirus effect would be a dampener on it
U.S. job growth robust before coronavirus outbreak hit shores
U.S. employers maintained a robust pace of hiring in February, giving the economy a strong boost heading into the coronavirus outbreak, which has stoked fears of a recession and prompted an emergency interest rate cut from the Federal Reserve.www.reuters.com
How Did NAFTA Affect the Economies of Participating Countries?
Here's a look at the winners and losers of NAFTA and what the agreement did or did not accomplish.www.investopedia.com
Seems changes to NAFTA were done to the net benefit the USA - with a slant to agriculture & manufacturing
NAFTA 2.0
Leaders of the three countries have renegotiated the deal, now called the United States-Mexico-Canada Agreement (USMCA), and more informally as NAFTA 2.0. The deal was signed in November 2018 and ratified by all three countries as of March 2020.70
Some of the most important provisions under the deal include:
- More access for American farmers to the Canadian dairy market. This means farmers can sell their products in Canada without pricing provisions.
- Cars must have 75% of their parts manufactured in North America in order to qualify for no tariffs. Furthermore, people involved in the manufacture of 40% to 45% of car parts must earn at least $16 per hour.
- Copyright terms are now extended to 70 years beyond an author's life.71
The three leaders also added a clause to the deal that states it expires after 16 years. The three nations will also review the deal every six years, at which point they can decide whether they wish to extend the deal or not.
A key part of Dodd-Frank was to permit banks to freeze YOUR assets (cash savings etc) within the bank so the bank could use to stay solvent. Removing that hold over smaller banks - deregulation, will mean that people can get at their money but it also means that the smaller players may fold in the event of a run on. So its a benefit and also a problem. But Dodd-Frank was brought in to impose extra regulation burden on the banks and whilst the big banks had the resources to adjust, the little guys not so much and some left the market
???… hey, hey, hey… the facts are right there.. provided by you.. manufacturing jobs started growing due to Obama and continued doing so for the first half of trumps term.. sounds, to any normal person, like trump rode the coat tails of his predecessor..It seems you got the exact opposite out of that than what it really said, But Covid was the only reason in the final year of trumps term thins regressed with most of the country and world in lockdown. And since then its got far far far worse under Biden
Top White House officials misread the USITC report when they tout the USMCA as boosting US growth by 0.3 percent per year. In fact, the study estimates that on balance the market access provisions of the USMCA would restrict trade and cause US growth to decline by 0.12 percent.
Why the discrepancy? Unlike past US trade deals, the USMCA makes almost no changes to tariffs or nontariff barriers; such restrictions were removed years ago under the existing NAFTA. Trade liberalization under the USMCA, including the changes in US access to the Canadian dairy market, is limited and more than offset by the new protectionist measures.
Its blindingly obvious. Allowing your primary producers greater access to markets IS the benefit. Ensuring that manufacturing is preference within your country IS the benefit. You can dig the detailsSo can you point to the economic benefit of the amended NAFTA ? Not just words. There must be economic data that is backing this up if it's such a big thing.
You see benefit in loosening capital controls of Banks in a country just recovering from a reasonably large economic disaster, sure. But can you point to any economic benefit of that? Or tangible benefit?
I note your refusal to acknowledge trumps position aligns closely to your refusal to acknowledge the UK position post Brexit, despite all the evidence.
Remember you've claimed these as his big 4 achievements, they must surely be demonstratable in solid data somewhere.
If it's so blindly obvious there must be something to back that up.Its blindingly obvious. Allowing your primary producers greater access to markets IS the benefit. Ensuring that manufacturing is preference within your country IS the benefit. You can dig the details
The benefit of deregulation on smaller banks is designed to lift expensive restrictions that were designed for the larger banks. The obvious conclusion is that with less financial burden it should permit more players to operate OR less smaller operators to fold and leave the market. You can make up your own mind whether that is good or bad
Banking Trends: How Dodd–Frank Affects Small Bank Costs
Economic Insights — Do the stricter banking regulations enacted since the financial crisis significantly burden small banks? James DiSalvo and Ryan Johnston examine how Dodd–Frank has affected banks with less than $10 billion in assets.www.philadelphiafed.org
Trump will not be running for President in 2024, I doubt he will get past Ronald DeSantis.Will be interesting to see how Trump handles Ukraine when he takes the reigns in 2024. CTID will probably have to change his avatar.
Yes Tarrifs that are recovered by charging the consumer more.Again Reuters says different
Automakers to pay $3 billion in new U.S. tariffs under USMCA: budget estimate
U.S. President Donald Trump's rewrite of North American trade rules will cost automakers nearly $3 billion more in tariffs over the next decade for cars and parts that will not meet higher regional content requirements over the next decade, the Congressional Budget Office...www.reuters.com
For autos to receive tariff-free access between the three countries, the USMCA imposes a 75% regional content requirement, up from 62.5% in NAFTA, along with new mandates to use North American steel and aluminum.
In addition, 40% to 45% of vehicle content must come from high-wage areas paying more than $16 an hour, namely the United States and Canada. Some vehicles produced in Mexico mainly with components from Mexico and outside the region may not qualify for U.S. tariff-free access.
The ITC report estimates that annual U.S. real gross domestic product would increase by 0.35%, or $68.5 billion, on an annual basis compared to a NAFTA baseline, and would add 176,000 U.S. jobs while raising U.S. exports.
Aimed to try and bring back manufacturing to the USA