• Welcome to the new Internet Infidels Discussion Board, formerly Talk Freethought.

Build the Wall!

Swammerdami said:
Let's not forget that Nancy has been married for almost sixty years to Paul Pelosi, who was a successful venture capitalist before Nancy was ever elected to office. He continues that career. They file joint tax returns, etc.
Click to expand...
In a better world, a congressman (or woman) should not even be allowed to make profit in the stock market for a living. It is a conflict of interest to their office. And if they are married to someone who is doing stocks that is exactly the same as if they trade the stocks themselves.

Why is it ok for Pelosi to trade stocks but it is not ok for Trump to continue to own his business empire? I see a conflict of interest in both cases.

So Nancy only makes $250K as a congresswomen and her husband makes all the real money? Then she should step down and let someone else who can conduct themselves with integrity at that (comparative) low salary Speaker of the House job.
 
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RVonse said:
Elixir said:
Swammerdami said:
I suppose the man thought he'd use his cleverness to bilk other countries for the benefit of Thailand.
Click to expand...

Probably exactly right. That is what Mangoman told his marks when he was running in 2016.
He was going to use his incredibly big brain and amazing business acumen to enrich America.
Unbelievably, the marks were - and remain - unable to discern that when Mangoman says "'America" he means "Donald J Trump".
Click to expand...
Far be it for me to somehow defend Trump not being corrupt.

But look at everyone else in congress. Look at Nancy Pelosi who is better at stock trading than Warren Buffet. She has become internet famous at insider trading and when you have redit followers who do nothing else but track what Pelosi buys and sells for their own personal gain, that's when you know the corruption has arrived.

Never mind Thailand, we have Pelosi and Trump.
Click to expand...
Pelosi is likely guilty of taking advantage of certain knowledge and profiting from it.

Trump defrauded a publicly owned company.

Seems to be a lot of attempt to justify supporting a sexual assaulter/fraudster/failure of a businessman with the What About... defense.

Pelosi was never President. And Trump's policies didn't do shit for the average worker. He made things cost more with his tariffs. China never changed a thing, the NAFTA re-write was more high-tech updating than protecting American jobs, etc...

All this defense for a guy that failed to actually accomplish anything but a massive corporate tax cut... which went largely to stock buybacks.
 
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
 
Jimmy Higgins said:
RVonse said:
Never mind Thailand, we have Pelosi and Trump.
Click to expand...
Pelosi is likely guilty of taking advantage of certain knowledge and profiting from it.

Trump defrauded a publicly owned company.

Seems to be a lot of attempt to justify supporting a sexual assaulter/fraudster/failure of a businessman with the What About... defense.
Click to expand...

ZiprHead said:
Nanvy Pelosi's stock purchases, 2020

People seem to forget that all congress critters are required to file yearly financial disclosures.
Click to expand...
Starting from ZiprHead's link I clicked around a bit, out of curiosity. Like so many government sites navigation wasn't easy, but I found my way and so would any investigative journalist. Looking mainly at 2020 and 2019 I found that Pelosi made big bullish moves in Amazon, Apple, Disney and Tesla. For some reason she tends to purchase in-the-money calls rather than shares.

In June 2019 she purchased 100 in-the-money 12-month call options on salesforce.com Inc (CRM). Corrupt?

Since some Infidels think AOC is a Marxist version of Mata Hari, suckling off the teats of George Soros and Chairman Xi, I located her 2020 disclosure:
Aha! Trump wouldn't release his financial info; AOC won't tell us whether she has just $1,001 in her tax-deferred 401k (National Hispanic Institute Inc 401k Plan ⇒ PRUDENTIAL HIGH YIELD Z [MF]) or a whopping $15,000 there! Therefore Trump and AOC are ... Same-same.
 
Loren Pechtel said:
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
Click to expand...
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
 
Last edited:
RVonse said:
Loren Pechtel said:
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
Click to expand...
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
Click to expand...
It helped the employees of those steel manufacturers. The rest of us paid for it in the higher cost of steel in products. Just ask Whirlpool. Tariffs might be fine if the US steel manufacturers acted in the best interest of the country and not their own best interest by keeping capacity offline which keeps prices higher than they need to be. This is where free markets fail. But I sure am happy for that select group of steel workers. Everyone else down the supply chain took it up the ass.
 
RVonse said:
Loren Pechtel said:
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
Click to expand...
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
Click to expand...
www.americanactionforum.org

The Total Cost of U.S. Tariffs - AAF

The following analysis calculates the overall impact that tariffs could have on the prices of goods in the United States.
www.americanactionforum.org www.americanactionforum.org
Executive Summary

  • During his time in office, former President Trump unilaterally imposed numerous new tariffs on steel, aluminum, and a variety of imports, creating upward pressure on prices in the United States.
  • While in office, President Biden has so far only replaced the tariffs on European steel and aluminum with a tariff-rate quota system, but has kept in place the tariffs for most other countries, including China.
  • Based on 2020 import levels, these tariffs currently impact over $400 billion of imports and exports and increase consumer costs by roughly $51 billion annually.
  • The tariffs are having a notable impact on trade levels, decreasing both imports and exports, which reduces consumers’ options and further increases prices in the United States.
  • Because the COVID-19 pandemic decreased global trade in 2020, the tariffs had a smaller impact compared to 2019 levels.
Click to expand...
So one very small group of people got some bonuses while the rest of us get to pay through the nose. How does that make any sense? How is it any differant than Trump's tax cut for the rich and big corp?
 
ZiprHead said:
RVonse said:
Loren Pechtel said:
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
Click to expand...
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
Click to expand...
www.americanactionforum.org

The Total Cost of U.S. Tariffs - AAF

The following analysis calculates the overall impact that tariffs could have on the prices of goods in the United States.
www.americanactionforum.org www.americanactionforum.org
Executive Summary

  • During his time in office, former President Trump unilaterally imposed numerous new tariffs on steel, aluminum, and a variety of imports, creating upward pressure on prices in the United States.
  • While in office, President Biden has so far only replaced the tariffs on European steel and aluminum with a tariff-rate quota system, but has kept in place the tariffs for most other countries, including China.
  • Based on 2020 import levels, these tariffs currently impact over $400 billion of imports and exports and increase consumer costs by roughly $51 billion annually.
  • The tariffs are having a notable impact on trade levels, decreasing both imports and exports, which reduces consumers’ options and further increases prices in the United States.
  • Because the COVID-19 pandemic decreased global trade in 2020, the tariffs had a smaller impact compared to 2019 levels.
Click to expand...
So one very small group of people got some bonuses while the rest of us get to pay through the nose. How does that make any sense? How is it any differant than Trump's tax cut for the rich and big corp?
Click to expand...
$51 Billion annually is also a great contributor to our current inflation woes.
 
TV and credit cards said:
RVonse said:
Loren Pechtel said:
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
Click to expand...
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
Click to expand...
It helped the employees of those steel manufacturers.
Click to expand...
It did nothing like that. The decently chugging economy Trump inherited was responsible for local demand increasing. There were plenty of steel mills looking at lagging demand prior to the Pandemic. It "worked" for a year, and people like RVonse were all pro-Trump. Then kind of shrugged off the mill closures that came later.
 
ZiprHead said:
RVonse said:
Loren Pechtel said:
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
Click to expand...
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
Click to expand...
www.americanactionforum.org

The Total Cost of U.S. Tariffs - AAF

The following analysis calculates the overall impact that tariffs could have on the prices of goods in the United States.
www.americanactionforum.org www.americanactionforum.org
Executive Summary

  • During his time in office, former President Trump unilaterally imposed numerous new tariffs on steel, aluminum, and a variety of imports, creating upward pressure on prices in the United States.
  • While in office, President Biden has so far only replaced the tariffs on European steel and aluminum with a tariff-rate quota system, but has kept in place the tariffs for most other countries, including China.
  • Based on 2020 import levels, these tariffs currently impact over $400 billion of imports and exports and increase consumer costs by roughly $51 billion annually.
  • The tariffs are having a notable impact on trade levels, decreasing both imports and exports, which reduces consumers’ options and further increases prices in the United States.
  • Because the COVID-19 pandemic decreased global trade in 2020, the tariffs had a smaller impact compared to 2019 levels.
Click to expand...
So one very small group of people got some bonuses while the rest of us get to pay through the nose. How does that make any sense? How is it any differant than Trump's tax cut for the rich and big corp?
Click to expand...
When looking at inflation, it not the cost of appliances that has risen
TV and credit cards said:
RVonse said:
Loren Pechtel said:
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
Click to expand...
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
Click to expand...
It helped the employees of those steel manufacturers. The rest of us paid for it in the higher cost of steel in products. Just ask Whirlpool. Tariffs might be fine if the US steel manufacturers acted in the best interest of the country and not their own best interest by keeping capacity offline which keeps prices higher than they need to be. This is where free markets fail. But I sure am happy for that select group of steel workers. Everyone else down the supply chain took it up the ass.
Click to expand...
Not the steel making supply chain. Has the price of a Whirlpool dishwasher gone up in price as fast as education, drugs, or medicine??? I don't think it is even close to the inflation of the medical industry which has also been the result of government policy.

Furthermore unlike plastic, steel is now a very green material that can be recycled. The government should protect steel just for that very reason alone.When the price of steel goes up Whirlpool will think twice about making a shoddy cheap product that will end up in the landfill rather than a durable appliance. So when that dishwasher does go bad, it will be remelted instead of ending up in our oceans.
 
Harry Bosch said:
ZiprHead said:
RVonse said:
Loren Pechtel said:
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
Click to expand...
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
Click to expand...
www.americanactionforum.org

The Total Cost of U.S. Tariffs - AAF

The following analysis calculates the overall impact that tariffs could have on the prices of goods in the United States.
www.americanactionforum.org www.americanactionforum.org
Executive Summary

  • During his time in office, former President Trump unilaterally imposed numerous new tariffs on steel, aluminum, and a variety of imports, creating upward pressure on prices in the United States.
  • While in office, President Biden has so far only replaced the tariffs on European steel and aluminum with a tariff-rate quota system, but has kept in place the tariffs for most other countries, including China.
  • Based on 2020 import levels, these tariffs currently impact over $400 billion of imports and exports and increase consumer costs by roughly $51 billion annually.
  • The tariffs are having a notable impact on trade levels, decreasing both imports and exports, which reduces consumers’ options and further increases prices in the United States.
  • Because the COVID-19 pandemic decreased global trade in 2020, the tariffs had a smaller impact compared to 2019 levels.
Click to expand...
So one very small group of people got some bonuses while the rest of us get to pay through the nose. How does that make any sense? How is it any differant than Trump's tax cut for the rich and big corp?
Click to expand...
$51 Billion annually is also a great contributor to our current inflation woes.
Click to expand...
It is not the union labor jobs that are causing inflation right now. The union workers are not the workers who are not going back to work again. It is the bottom tier service industry jobs consisting of labor that refuses to go back to work. And I do not blame them for staying home right now. But it is those service industry jobs that have caused prices to inflate higher than normal due to the pandemic.

And as far as leaving the Trump tariffs in place, I give Biden the credit making that correct decision.
 
RVonse said:
Harry Bosch said:
ZiprHead said:
RVonse said:
Loren Pechtel said:
Swammerdami said:

You write as though you believe Trumpist ascendancy would be good for labor.

Interested in buying a bridge?
Click to expand...

That's what they pretend.

Reducing immigration will help labor--but that's going to be a drop in the bucket compared to the harm labor would suffer from their policies.
Click to expand...
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
Click to expand...
www.americanactionforum.org

The Total Cost of U.S. Tariffs - AAF

The following analysis calculates the overall impact that tariffs could have on the prices of goods in the United States.
www.americanactionforum.org www.americanactionforum.org
Executive Summary

  • During his time in office, former President Trump unilaterally imposed numerous new tariffs on steel, aluminum, and a variety of imports, creating upward pressure on prices in the United States.
  • While in office, President Biden has so far only replaced the tariffs on European steel and aluminum with a tariff-rate quota system, but has kept in place the tariffs for most other countries, including China.
  • Based on 2020 import levels, these tariffs currently impact over $400 billion of imports and exports and increase consumer costs by roughly $51 billion annually.
  • The tariffs are having a notable impact on trade levels, decreasing both imports and exports, which reduces consumers’ options and further increases prices in the United States.
  • Because the COVID-19 pandemic decreased global trade in 2020, the tariffs had a smaller impact compared to 2019 levels.
Click to expand...
So one very small group of people got some bonuses while the rest of us get to pay through the nose. How does that make any sense? How is it any differant than Trump's tax cut for the rich and big corp?
Click to expand...
$51 Billion annually is also a great contributor to our current inflation woes.
Click to expand...
It is not the union labor jobs that are causing inflation right now. The union workers are not the workers who are not going back to work again. It is the bottom tier service industry jobs consisting of labor that refuses to go back to work. And I do not blame them for staying home right now. But it is those service industry jobs that have caused prices to inflate higher than normal due to the pandemic.

And as far as leaving the Trump tariffs in place, I give Biden the credit making that correct decision.
Click to expand...
Inflation is simply a measure of the rate of rising prices and goods. If you read the link above, the tarrifs increased consumer costs by $51 billion a year annually. How could it not be a contributor to inflation? As the cost of steel increases, the cost of every product that relies on steel increases.
 
Harry Bosch said:
Inflation is simply a measure of the rate of rising prices and goods. If you read the link above, the tarrifs increased consumer costs by $51 billion a year annually. How could it not be a contributor to inflation? As the cost of steel increases, the cost of every product that relies on steel increases.
Click to expand...
I'm not saying the cost of steel has not gone up. Of course the cost of steel has gone up, that is why the steel firms are finally making money. And I'm also not saying the cost of Whirlpool dishwashers have not gone up (I haven't checked prices recently). If Whirlpool has to buy steel then they either raise their price or make less profit themselves, no argument there.

What I am saying is that steel has inflated far less than other items which bear a much higher societal cost for all of us. If you can not afford to buy a Whirlpool dishwasher, whats going to happen? Probably wash them by hand. But if you can not afford to buy a critical drug you might actually die. Yet you and others will make a big deal out of union workers finally making middle class money while nothing gets said about the drug pirate pharmaceuticals who are really raking it in right now. Or the education system who over charges way too much for providing too little.

What is the inflation rate of medicine right now compared to steel? What is the societal damage done by having labor going broke while the monopoly medical industry rakes it? I'm saying it is time to use some common sense and that the US is not in danger of union workers making too much money right now.
 
RVonse said:
Harry Bosch said:
Inflation is simply a measure of the rate of rising prices and goods. If you read the link above, the tarrifs increased consumer costs by $51 billion a year annually. How could it not be a contributor to inflation? As the cost of steel increases, the cost of every product that relies on steel increases.
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I'm not saying the cost of steel has not gone up. Of course the cost of steel has gone up, that is why the steel firms are finally making money. And I'm also not saying the cost of Whirlpool dishwashers have not gone up (I haven't checked prices recently). If Whirlpool has to buy steel then they either raise their price or make less profit themselves, no argument there.

What I am saying is that steel has inflated far less than other items that bear a much higher societal cost to for all of us. If you can not afford to buy a Whirlpool dishwasher, whats going to happen? Probably wash them by hand. But if you can not afford to buy a critical drug you might actually die. Yet you and others will make a big deal out of union workers finally making middle class money while nothing gets said about the drug pirate pharmaceuticals who are really raking it in right now. Or the education system who over charges way too much.

What is the inflation rate of medicine right now compared to steel? What is the societal damage done by having labor going broke while the monopoly medical industry rakes it? I'm saying it is time to use some common sense.
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Well, I was simply defining what causes inflation: price increases. I wasn't taking a position on whether or not some inflation in some industries isn't beneficial. I'm simply starting what causes it. Secondly, the republicans are hammering Biden over causing inflation because he isn't drilling enough oil and his cancelling of the pipeline. If you are going to say that we should allow inflation in areas where there is "societal damage"; then you must disagree with this republican rant. Correct? There are a lot of factors causing today's inflation. And to blame it all on Biden is crazy.
 
RVonse said:
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

https://www.nwitimes.com/business/l...cle_fcdf9532-0b79-5f69-aebd-4a41964a591a.html

$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. A stronger middle class and last minute savior for what was left of the hollowed out US steel industry; Trump arrived just in time. Such a sum of money would make the difference for whether or not a young person from middle class might even start their family or not.

Not all of Trump was bad. His economic policies were in fact correct for the middle class. Not so good for the elites on the coast...but perfect for the middle class living in rust belt acres. It is why they called him the "Blue Collar Billionaire".

Laughing Dog seems to think that limiting labor would not have had any significant impact on middle class wages. I 100% disagree...but in any case we will never know. We will never know because this is one of Trump's policies that never materialized. We never built Trump's wall and we never prevented cheap labor from continuing to flood the countryside.....almost entirely due to the complete opposition of the Democrats who used to be the party of labor before Clinton.
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I suggest you check the publication date of that article. They're getting bonuses because of the booming economy, not because of what the previous president did.
 
RVonse said:
It is not the union labor jobs that are causing inflation right now. The union workers are not the workers who are not going back to work again. It is the bottom tier service industry jobs consisting of labor that refuses to go back to work. And I do not blame them for staying home right now. But it is those service industry jobs that have caused prices to inflate higher than normal due to the pandemic.

And as far as leaving the Trump tariffs in place, I give Biden the credit making that correct decision.
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It's not even the service workers staying home.

Rather, Covid drove a lot of people to retire a bit earlier than normal. (Personally I know two Covid-retirees.) The supply of labor goes down, wages rise. Those service workers aren't at home, they're in better jobs.
 
Yup. Who would want to work a shit job for shit wages and get covid with no health insurance let alone PTO.
 
RVonse said:
But what Trump actually did was more than pretend. His tariff policies actually DID help the poor to middle class of the US.

www.nwitimes.com/business/local/region-steelworkers-to-get-bonuses-of-as-much-as-16-500/article_fcdf9532-0b79-5f69-aebd-4a41964a591a.html
$16,500 is a drop in the bucket for an elite congresswoman such as Nancy, but it is a very large sum of money for many living in the US middle class. $16,500 bonuses that were a direct result of the increase price of steel resulted from Trump's tariff. ...
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I read The Economist when I want to know if tariffs helped Americans overall. (Hint: They didn't.) I read posts like this to understand American political thought. In particular, I wonder what "Nancy" has to do with these steelworkers' bonuses? Is it only cosmopolitan coastal Democrats like Nancy for whom $16k is a pittance, with all QOP Congresscritters hard-working and struggling to make do?
RVonse said:
Furthermore unlike plastic, steel is now a very green material that can be recycled. The government should protect steel just for that very reason alone.When the price of steel goes up Whirlpool will think twice about making a shoddy cheap product that will end up in the landfill rather than a durable appliance. So when that dishwasher does go bad, it will be remelted instead of ending up in our oceans.
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Steel's recycling value depends on its WEIGHT, not its "shoddiness."

But it sounds like you think steel use should INCREASE, since unlike plastic it is a "green" material. So you believe a HIGHER price of steel will encourage its use? I'm afraid we'll need a cite for this novel economic idea.
 
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