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The Trump Economy


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11 minutes ago, Buffalo_Gal said:
 

 

 

 

We are revisiting some bad deals and as Tom said above, it sure would be nice if they can get these ratified. 

 

Hopefully our less diplomatic negotiating bully-style doesn't bite us in some future agreement. 

 

The big deal will be the China one. When that deal comes, and it will, it will have a major impact. These other deals are chump change by comparison. 

 

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10 minutes ago, BeginnersMind said:

 

We are revisiting some bad deals and as Tom said above, it sure would be nice if they can get these ratified. 

 

Hopefully our less diplomatic negotiating bully-style doesn't bite us in some future agreement. 

 

The big deal will be the China one. When that deal comes, and it will, it will have a major impact. These other deals are chump change by comparison. 

 

So, NAFTA was a bad deal and we are revisiting it and have come to preliminary agreement on better deals. The EU has supposedly folded on their ridiculous auto tariffs. I guess all that diplomatic negotiating over the years was the proper way to go about it? Trump made promises and then went about fulfilling them by wielding the natural power, that as a nation, we possess. We didn't need milquetoast diplomacy obviously, but some straight talk with our trading partners. China of course will be important, but they've already found out that their threats regarding tariffs on soybeans couldn't stand the test of reality. The trade deals Trump is striking would seem to be a reason for celebration not yes,but leftist excuses.

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1 minute ago, 3rdnlng said:

So, NAFTA was a bad deal and we are revisiting it and have come to preliminary agreement on better deals. The EU has supposedly folded on their ridiculous auto tariffs. I guess all that diplomatic negotiating over the years was the proper way to go about it? Trump made promises and then went about fulfilling them by wielding the natural power, that as a nation, we possess. We didn't need milquetoast diplomacy obviously, but some straight talk with our trading partners. China of course will be important, but they've already found out that their threats regarding tariffs on soybeans couldn't stand the test of reality. The trade deals Trump is striking would seem to be a reason for celebration not yes,but leftist excuses.

 

Trump is doing much better than others getting the US improved trade deals. But tearing up one deal and demanding a new one sets a tough precedent for the future moment when someone does it to us. 

 

I am also watching other agreements that matter outside economic, and I wonder whether we will see a spirit of continued cooperation.

 

I am optimistic that we can overcome the lack of diplomacy and tearing up deals, but it's something to watch. 

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4 minutes ago, BeginnersMind said:

 

Trump is doing much better than others getting the US improved trade deals. But tearing up one deal and demanding a new one sets a tough precedent for the future moment when someone does it to us.

 

Just can't ever give the man unequivocal praise. He's winning both internationally and domestically, and because you don't like his STYLE, you're a hater.

 

Substance is what matters.

 

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8 minutes ago, BeginnersMind said:

 

Trump is doing much better than others getting the US improved trade deals. But tearing up one deal and demanding a new one sets a tough precedent for the future moment when someone does it to us. 

 

I am also watching other agreements that matter outside economic, and I wonder whether we will see a spirit of continued cooperation.

 

I am optimistic that we can overcome the lack of diplomacy and tearing up deals, but it's something to watch. 

Who is going to do it to us? You have to understand that when you are in a position of power you dictate the terms. China said they were going to put tariffs on our soybeans and had the liberal media in a tizzy. A few days later they backed off because...……………………...they couldn't get enough elsewhere. As far as other deals which I assume you mean military alliances, who the !@#$ is going to replace us?

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6 minutes ago, 3rdnlng said:

Who is going to do it to us? You have to understand that when you are in a position of power you dictate the terms. China said they were going to put tariffs on our soybeans and had the liberal media in a tizzy. A few days later they backed off because...……………………...they couldn't get enough elsewhere. As far as other deals which I assume you mean military alliances, who the !@#$ is going to replace us?

 

We are the big guy so we can tear up the deals we signed that are already in place. I get that. 

 

It's about more than style, but it certainly will get us better deals now.

 

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7 hours ago, BeginnersMind said:

Trump is doing much better than others getting the US improved trade deals. But tearing up one deal and demanding a new one sets a tough precedent for the future moment when someone does it to us.

 

Two things:

 

1.) We are not going to be replaced as the top dog anytime in the near future. We always have the leverage to tell the other nation to piss off, with the other nation feeling as much, if not far more, pain than we feel from walking away.

 

2.) Other nations aren't likely going to play the !@#$ you game with us in the future, if we strike deals that are fair for both sides.

 

Trump isn't wrong that we have been taking the **** end of trade deals for decades, and that the other countries damn well know it.

Edited by Koko78
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Trump wanted spending cuts.  Ryan and McConnell denied him those.  Until we get those, this isn't really "his" as much as it should be.  Hopefully the next Congress with a new Speaker will actually take care of the disaster that is Uncle Sam's balance sheet.

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CHANGE: Trump cancels pay raises for almost 2 million federal workers.

 

“We must maintain efforts to put our nation on a fiscally sustainable course, and federal agency budgets cannot sustain such increases,” the president wrote in a letter to congressional leaders.

 

Under Trump’s policy, roughly 1.8 million people wouldn’t get an automatic pay boost next year, including Border Patrol and ICE agents.

 

That stance puts vulnerable GOP lawmakers representing northern Virginia — home to tens of thousands of federal workers — in the political crosshairs. And it sets up an all-but-certain funding fight with Congress next month, as party leaders attempt to reach a sweeping agreement to keep the government open before the start of the next fiscal year on Oct. 1.

 

The deal used to be that Federal workers traded high pay for virtually guaranteed job security. Now they get better pay than almost anyone else, automatic pay raises most years, and they’re not only virtually un-fireable, but can’t or won’t be held to account even for criminal activity. And at least at the top echelons, have developed an attitude problem to go with their perceived invincibility.

 

All this has led to well-deserved outrage out here in flyover country, which as best as I can recall has a lot more seats than even northern Virginia.

 

 

 

.

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32 minutes ago, B-Man said:

CHANGE: Trump cancels pay raises for almost 2 million federal workers.

 

“We must maintain efforts to put our nation on a fiscally sustainable course, and federal agency budgets cannot sustain such increases,” the president wrote in a letter to congressional leaders.

 

Under Trump’s policy, roughly 1.8 million people wouldn’t get an automatic pay boost next year, including Border Patrol and ICE agents.

 

That stance puts vulnerable GOP lawmakers representing northern Virginia — home to tens of thousands of federal workers — in the political crosshairs. And it sets up an all-but-certain funding fight with Congress next month, as party leaders attempt to reach a sweeping agreement to keep the government open before the start of the next fiscal year on Oct. 1.

 

The deal used to be that Federal workers traded high pay for virtually guaranteed job security. Now they get better pay than almost anyone else, automatic pay raises most years, and they’re not only virtually un-fireable, but can’t or won’t be held to account even for criminal activity. And at least at the top echelons, have developed an attitude problem to go with their perceived invincibility.

 

All this has led to well-deserved outrage out here in flyover country, which as best as I can recall has a lot more seats than even northern Virginia.

 

 

 

.

 

And don’t forget guaranteed lifetime income and benefits upon retiring that private sector employees stopped getting a few decades ago 

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Trump's nafta remake has a $16 minimum wage! 

 

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U.S., Mexico reach NAFTA deal, turn up pressure on Canada | Reuters

4 days ago - U.S., Mexico reach NAFTA deal, turn up pressure on Canada ... 45 percent of auto content to be made by workers earning at least $16 per hour.
 
 
Where is all the right wing outrage? No where, that's where! 
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1 hour ago, Tiberius said:

Trump's nafta remake has a $16 minimum wage! 

 

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U.S., Mexico reach NAFTA deal, turn up pressure on Canada | Reuters

4 days ago - U.S., Mexico reach NAFTA deal, turn up pressure on Canada ... 45 percent of auto content to be made by workers earning at least $16 per hour.
 
 
Where is all the right wing outrage? No where, that's where! 

Yah, that's a big increase for auto workers, you moron. Do you have any clue what the purpose is?

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10 minutes ago, 3rdnlng said:

Yah, that's a big increase for auto workers, you moron. Do you have any clue what the purpose is?

 

yeah, not quite the same as a "minimum wage for all" 

 

Hey ask him if 1 is the same as ten ?

 

:w00t:

 

 

.

Edited by B-Man
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1 minute ago, B-Man said:

 

yeah, not quite the same as a "minimum wage for all" 

 

Hey ask him if 1 is the same as ten ?

 

:w00t:

 

 

.

I've already proven it. He's still trying to figure out why there aren't 48 weeks to a year.

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USTR Statement on Trade Negotiations with Mexico and Canada

Washington, DC – U.S. Trade Representative Robert Lighthizer today issued the following statement regarding the status of trade negotiations with Mexico and Canada:
 

“Today the President notified the Congress of his intent to sign a trade agreement with Mexico – and Canada, if it is willing – 90 days from now.  The agreement is the most advanced and high-standard trade agreement in the world.  Over the next few weeks, Congress and cleared advisors from civil society and the private sector will be able to examine the agreement.  They will find it has huge benefits for our workers, farmers, ranchers, and businesses.

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So Trump is getting his rich buddies more money by indexing capital gains to inflation, thus reducing the tax owed, at the same time killing a 1.9% increase for federal workers, claiming the need to keep nations finances in order. This is how they think. 

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