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2 hours ago, Tiberius said:

Trump’s tariffs are really hurting that sector of the economy 

But Trump didn't put any tariffs on North American hardwoods. China did and that's hurting their furniture manufacturers. Maybe we should make up for China's use of inferior hardwoods and start up some more furniture companies here in North America.

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4 hours ago, 3rdnlng said:

But Trump didn't put any tariffs on North American hardwoods. China did and that's hurting their furniture manufacturers. Maybe we should make up for China's use of inferior hardwoods and start up some more furniture companies here in North America.

 

How long do you figure before he finds out what a tariff actually is?

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47 minutes ago, B-Man said:



There is a total disconnect in the media. This article was on Fox for jobs numbers yet the Fox TV blurb is it was a disappointment (and the market was taking it in stride - duh because it is good news).

October and September were also revised (again) upward. 
 

US job growth roars back in November, with 266,000 added
 

U.S. hiring surged in November, as the economy added 266,000 jobs and unemployment returned to a half-century low, a sign the U.S. is powering through a global slowdown.
 

The payroll number easily topped the estimate of 180,000 from economists surveyed by Refinitiv, who also saw the unemployment rate holding steady from October's 3.6 percent.
 

It marks the 110th month of straight gains.
 

Unemployment ticked down slightly to 3.5 percent as more people were looking for work, matching a 50-year low. The labor force participation rate was little changed at 63.2 percent. Average hourly earnings, meanwhile, rose by 3.1 percent over the past year to $28.29.
 

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US trade deal passes Japan Parliament: Trump’s victory for American farmers

Japan’s Parliament on Wednesday, Dec. 4, approved a US-Japan trade deal that is taking effect at the beginning of 2020 and bringing good news for American farmers.

 

The deal cutting tariffs between the countries was signed by President Donald Trump and Japanese Prime Minister Shinzo Abe on Sept. 25. It cleared Japan’s upper house on Wednesday after clearing the more powerful lower house earlier.

 

The deal will pave the way for cheaper American beef and other agricultural products in Japan.

 

The president called the US-Japan trade deal the “first stage of a phenomenal new trade agreement” and described it as “outlining the significant steps we’re taking toward a fair and reciprocal trade agreement.”

 

https://thebl.com/business-news/us-trade-deal-passes-japan-parliament-trumps-victory-for-american-farmers.html

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1 hour ago, B-Man said:

 

 

The president called the US-Japan trade deal the “first stage of a phenomenal new trade agreement” and described it as “outlining the significant steps we’re taking toward a fair and reciprocal trade agreement.”

 

 

 

Trump calls everything "phenomenal."  There's absolutely no reason to believe his characterization of the trade deal, any more than there is to believe CNN's characterization of it as a blight on the American middle class.

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History question, since I'm still learning.  Which other party got a major boost when the economy tanked in the early '30s?  

 

Which party now openly hopes for an economic downturn?

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5 hours ago, DC Tom said:

 

Trump calls everything "phenomenal."  There's absolutely no reason to believe his characterization of the trade deal, any more than there is to believe CNN's characterization of it as a blight on the American middle class.

 

 

...um....er...uh....well....ok...Tom......same sand in those jockey shorts I take it.......if you say so..........

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11 hours ago, RochesterRob said:

  But...but the Trump economy is still terrible because Tiberius is stuck doing the overnight shift at the laundromat.

 

He's lucky to keep that $9/hr job.  At $15/hr he gets replaced by a card reader. 

Edited by keepthefaith
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Trump, Dems in tentative deal on North American trade pact
 

House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal that has been a top priority for President Donald Trump
 

 House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal that has been a top priority for President Donald Trump.
 

That's according to a Democratic aide not authorized to discuss the talks and granted anonymity.
 

Details still need to be finalized and the U.S. Trade Representative will need to submit the implementing legislation to Congress. No vote has been scheduled. The aide requested anonymity because the agreement is not official.
 

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U.S. seals demise of WTO appeals bench - trade officials
 

GENEVA, Dec 9 (Reuters) - The fate of the World Trade Organization’s top court was effectively sealed on Monday after the United States said it would not back a proposal to allow it to continue, trade officials said.
 

The Trump administration has been blocking appointments to the WTO’s seven-member Appellate Body that rules on trade disputes for over two years, with U.S. officials saying the court had gone beyond its remit.
 

The Appellate Body needs a minimum of three judges to function but the terms of two of the three remaining members of the appeals panel expire on Tuesday and there are no replacements in sight because of the U.S. blocking strategy.
 

Another attempt was made on Monday to reach a consensus on laying down arrangements for filling the vacancies, as well as obliging the appeals panel to issue rulings within 90 days.
 

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Much of the U.S. displeasure stems from how the WTO has tied its hands in dealing with China. In binding rulings, WTO judges have given Beijing the benefit of the doubt on subsidies and rejected Washington’s treatment of dumping.
 

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3 hours ago, Foxx said:

this didn't take long.

 

just signed. but you know... Nanacy and the Dem's had to make sweeping changes to it. :rolleyes:

the swiftness of the signing only indicates that Nancy and the Dems have been holding up progress.

 

https://www.youtube.com/watch?v=Nc_UBF7mKog

 

 

I'm guessing their changes were minimal, and weren't going to have a significant effect on the agreement.

 

Of course, it allows Nasty Nancy to pretend she "won".

Edited by Koko78
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23 minutes ago, Koko78 said:

 

I'm guessing their changes were minimal, and weren't going to have a significant effect on the agreement.

 

Of course, it allows Nasty Nancy to pretend she "won".

If not for Nancy's efforts none of Trump's initiatives would come to fruition. In fact, rumor has it that she was the one who invented the internet, not Gore. 

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6 minutes ago, 3rdnlng said:

If not for Nancy's efforts none of Trump's initiatives would come to fruition. In fact, rumor has it that she was the one who invented the internet, not Gore. 

 

The thought of Nasty Nancy inventing the internet to allow for free porn is not a comforting one.

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6 hours ago, Foxx said:

i understand what is going on here... an attempt to make the Dems pay for their impeachment nonsense but what a total and complete shitshow.

just pass the ***** thing already. 

https://twitter.com/ChadPergram/status/1204539760733241345

 

 

The play is to pressure the Dems in Trump districts not to vote for impeachment. If they don't vote for it, the USMCA will pass and they'll get to tout the accomplishment to their constituents. If they do vote for it, then the USMCA will linger, and that will destroy the House's talking points that they can walk and chew gum at the same time. 

 

It's all about pressure. Not sure it'll work, but it's definitely a power play by Cocaine Mitch. 

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2 hours ago, Foxx said:

being in a full employment economy, this will drive wages up.

 

 

..laughable how all of the Trump predecessors talked "tough with China talk" and did squat....and they built a formidable war machine with those trade imbalance dollars...and here we are with the hammer instead of being hammered........SMH.......

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Just now, OldTimeAFLGuy said:

 

 

..laughable how all of the Trump predecessors talked "tough with China talk" and did squat....and they built a formidable war machine with those trade imbalance dollars...and here we are with the hammer instead of being hammered........SMH.......

 

all a President had to do was show up with some gumption

 

that was it...

 

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26 minutes ago, row_33 said:

 

all a President had to do was show up with some gumption

 

that was it...

 

 

...LOL......yup......for how many YEARS did people talk about the need of a Washington Outsider needed to clean up "The Swamp"?....and for how many years did Washington Insiders fraudulently try to run as a "Washington Outsider"?...so we finally get a real Washington Outsider ( I abhorred his business practices  in my business world for the record), obnoxious, brash, bold, irascible, caustic, turning the "good 'ol boyz network upside down and inside out, "calling a spade a spade" without giving a rat's azz whose offended....BUT.......whoa?....we got the Outsider whose MAGA slogan is  a ruse so he can cash in on the presidency, lucrative salary, accumulate wealth, free room and board at 1600 Pennsylvania Ave, get his own library and lifelong security detail.....I always knew the SOB had ulterior motives.......

Edited by OldTimeAFLGuy
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