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<blockquote data-quote="MrFedEx" data-source="post: 4291307" data-attributes="member: 12508"><p>When do the trade wars hit home with you and other Trump supporters? Long-term, we aren't winning. Trump has managed to destroy manufacturing and farming alliances with China (and others) that took decades to build. Even if China and the US come to terms, they have already secured other suppliers of soybeans, manufactured goods, and other major Chinese imports that aren't coming back. These are two interdependent economies, a fact that none of you seem to realize. If China tanks, we tank too, because the US is absolutely dependent on trade with them and vice-versa.</p><p></p><p>Ask the executives at John Deere, Caterpillar, and Boeing how sales to China are going. For Deere and CAT, domestic farming woes are killing domestic sales too. By screwing the farmers, Trump also screws the companies that sell them equipment.</p><p></p><p>Trump can rail about protectionism and tariffs forever if he wants, but history has shown they don't work. Free trade, which has been a GOP tradition, is going by the wayside, and that isn't a good thing.</p><p></p><p>I'm so happy that you think Trump's economy has long-term viability, which it doesn't. A lot of the "gains" came through the tax cuts, which have ballooned deficits and lined the pockets of the 1%. Trickle-down isn't happening as described, nor are tax revenues increasing because of a booming eceonomy.</p><p></p><p>Sooner or later, it will go south. Keep on believing in King Orange though. Let's see how he does when it starts to erode.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 4291307, member: 12508"] When do the trade wars hit home with you and other Trump supporters? Long-term, we aren't winning. Trump has managed to destroy manufacturing and farming alliances with China (and others) that took decades to build. Even if China and the US come to terms, they have already secured other suppliers of soybeans, manufactured goods, and other major Chinese imports that aren't coming back. These are two interdependent economies, a fact that none of you seem to realize. If China tanks, we tank too, because the US is absolutely dependent on trade with them and vice-versa. Ask the executives at John Deere, Caterpillar, and Boeing how sales to China are going. For Deere and CAT, domestic farming woes are killing domestic sales too. By screwing the farmers, Trump also screws the companies that sell them equipment. Trump can rail about protectionism and tariffs forever if he wants, but history has shown they don't work. Free trade, which has been a GOP tradition, is going by the wayside, and that isn't a good thing. I'm so happy that you think Trump's economy has long-term viability, which it doesn't. A lot of the "gains" came through the tax cuts, which have ballooned deficits and lined the pockets of the 1%. Trickle-down isn't happening as described, nor are tax revenues increasing because of a booming eceonomy. Sooner or later, it will go south. Keep on believing in King Orange though. Let's see how he does when it starts to erode. [/QUOTE]
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