Mainstream Economics Thread

[wetwillie]

He literally could have announced deregulation, drill baby drill, and the VISA's for high skilled labor and sat back and watched the rocket ship take off.

[steve dave]

https://x.com/DeItaone/status/1899534896856756523

[steve dave]

how it started / how it's going

[sonofdaxjones]

 

You guys are having a total meltdown over a market that's down 4% 

Also  at completely ignoring the actual business environment headwinds and competition that some major stocks are facing.

It's literally DerpConOne all day every day with #blueanon/#blueanongE

Straight up  @ The Economist . . . how can you be an "economist" and just flat out ignore $28 trillion dollars, an all time record level of Federal spending (with all time record debt issuance) being injected into the economy.  The refusal to even acknowledge that reality is just  but expected.

This is how derp ass the Economist is: "Time to Lift Syria's sanctions" . . . they literally want sanctions off a terrorist government currently engaged in genocide (again)   

[wetwillie]

Major Headwinds is an interesting new term for rapidly unpredictable tariff environment

[sonofdaxjones]

So let me ask you this wetwillie

Example One: When Chinese AI gets launched, does that impact NVIDIA? 

Amazon gave guidance in December on the 1st quarter, and the street doesn't like the performance of AWS - Example Two

On both issues, the Trump administration is working to provide major relief to both entities in the form CHIP logistics and manufacturing.

But hyperpartisan derps are going to say it's all Trump and tariffs

[Dugout DickStone]

He literally could have announced deregulation, drill baby drill, and the VISA's for high skilled labor and sat back and watched the rocket ship take off.

why would he announce the only things he ran on?

[CNS]

I know one thing, based on the handling of the economy…I can’t wait to see what the new healthcare reforms look like once the concepts of the plan coalesce.

[Sandstone Outcropping]

how it started / how it's going

"I'm kicking my ass!!!!"

[sonofdaxjones]

A reminder to viewers once again - The Economist is advocating for the removal of sanctions on terrorists who are currently engaged in ethnic cleansing and who once relished killing American soldiers


Sent from my iPhone using Tapatalk

[Sandstone Outcropping]

She would have failed ECON101 at KSU.

https://x.com/ericadyork/status/1899523970342302108

[sonofdaxjones]

Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).

I want the US to forever be the guy in the chair in the corner . . . Sandstone

[Cire]

Economist fake news

Dr. Ej Antonini on twitter  real news

[sonofdaxjones]

Economist fake news

Dr. Ej Antonini on twitter  real news

I am going to keep posting things from him (using actual government data 99% of the time) as long as you continue to melt down about him.

The Economist is literally pushing an opinion that we need to lift sanctions off a terrorist controlled state.  A terrorist controlled state where the Biden Admin installed the terrorists into power.

[Justwin]

Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).

I want the US to forever be the guy in the chair in the corner . . . Sandstone

What are the unfair trade practices of Canada?

[star seed 7]

Dax thinks we're the guy in the chair but really we are the guy who owns the hotel

[sonofdaxjones]

Dax thinks we're the guy in the chair but really we are the guy who owns the hotel

StalkerBot.7: Where fantasy never - ever becomes reality

[sonofdaxjones]

Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).

I want the US to forever be the guy in the chair in the corner . . . Sandstone

What are the unfair trade practices of Canada?

Canada is subsidizing and dumping lumber into the US

There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years.  The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.

[steve dave]

Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).

I want the US to forever be the guy in the chair in the corner . . . Sandstone

What are the unfair trade practices of Canada?

Canada is subsidizing and dumping lumber into the US

There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years.  The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.

the fuckin' last thing we need is cheap canadian lumber and milk

[sonofdaxjones]

Thanks for your input, Steve 

[Dugout DickStone]

Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).

I want the US to forever be the guy in the chair in the corner . . . Sandstone

What are the unfair trade practices of Canada?

Canada is subsidizing and dumping lumber into the US

There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years.  The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.

the fuckin' last thing we need is cheap canadian lumber and milk

Those things enrage me!

Man who doesn’t talk to girls

[sonofdaxjones]

A flurry of tapouts

[Justwin]

Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).

I want the US to forever be the guy in the chair in the corner . . . Sandstone

What are the unfair trade practices of Canada?

Canada is subsidizing and dumping lumber into the US

There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years.  The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.

My understanding is that there is already a 14.54% anti-subsidy and anti-dumping tariff rate. Is that not high enough? If not, what does it need to be to be fair?

My understanding on the dairy situation is that the US does not currently meet its maximum of tariff-free dairy and dairy products. As a result, US producers are not paying any tariffs to Canada.

[sonofdaxjones]

Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).

I want the US to forever be the guy in the chair in the corner . . . Sandstone

What are the unfair trade practices of Canada?

Canada is subsidizing and dumping lumber into the US

There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years.  The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.

My understanding is that there is already a 14.54% anti-subsidy and anti-dumping tariff rate. Is that not high enough? If not, what does it need to be to be fair?

My understanding on the dairy situation is that the US does not currently meet its maximum of tariff-free dairy and dairy products. As a result, US producers are not paying any tariffs to Canada.

1. On dairy, I am just going to what Dems Senators have said over the last few years

Wisconsin dairy farmers work hard every day to bring world class products to market, and they deserve a level playing field with their global competitors. This decision flies in the face of the agreement our country made with Canada and puts our Made in Wisconsin dairy products at a disadvantage

The dispute settlement mechanism included in USMCA is intended to bring resolutions to trade disputes quickly and fairly. Last year, a dispute settlement panel brought under USMCA found that Canada was reserving its dairy tariff-rate quota (TRQ) for the exclusive use of Canadian processors, in violation of commitments to dairy market access under USMCA. Despite the ruling, Canada did not make the necessary reforms to its TRQ procedures.
https://www.baldwin.senate.gov/news/press-releases/baldwin-blasts-decision-to-allow-canadas-unfair-dairy-trade-practices-to-stand-hurting-wisconsin-farmers

2. On Lumber, I am just going by what the US Lumber suppliers association is saying

https://uslumbercoalition.org/press-release/u-s-lumber-coalition-applauds-trump-administrations-strong-enforcement-of-the-u-s-trade-laws-against-egregious-levels-of-unfair-trade-by-canada-in-softwood-lumber/

https://uslumbercoalition.org/issues/canadian-subsidies-dumping/



Seems like this is a lot more nuanced . . . but that nuance is just shouted down by the Big Mad machine of #blueanon/#blueanongE

[Justwin]

I agree that there is a lot of nuance of the Canadian trade issues. However, I substantially discount what a senator from Wisconsin has to say on dairy and almost completely disregard the US Lumber Coalition's statements on lumber tariffs.

This journal article indicates that the dairy market in Canada has been liberalized a fair bit by USMCA and trade disputes have been settled pretty well under USMCA procedures.

https://www.sciencedirect.com/science/article/pii/S0306919225000053#

Personally, I think a 14.54% tariff on lumber from Canada is enough. The Department of Commerce agreed with that last August.

Overall, if there are trade issues with Canada or Mexico, why not wait until the 2026 review of USMCA to address them?