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  1. #3136
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    Quote Originally Posted by ciaban2.0 View Post
    No, import taxes have literally nothing to do with supply, the tax just affects the final consumer price.

    An import quota would limit supply, but that's not what's happening.
    I would advise you to go study up on that economics. A tax is an artificial increase on the price…

  2. #3137
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    Quote Originally Posted by dbroncos78087 View Post
    I would advise you to go study up on that economics. A tax is an artificial increase on the price…
    I know. I was replying to this...

    Quote Originally Posted by dbroncos78087 View Post
    I would bet a 1/6 price tax on baby formula from Canada not existing would help ease the supply issues...
    How does the import tax relate to the supply crunch?

    Because you're suggesting that the import tax is affecting the supply (the total amount of the goods available for purchase) I'm saying that the tax only affects the final sale price consumers pay.

    We both agree that a tax is an artificial increase on the price, but how does that affect the total supply like you suggested?

  3. #3138
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    Quote Originally Posted by ciaban2.0 View Post
    I know. I was replying to this...


    How does the import tax relate to the supply crunch?

    Because you're suggesting that the import tax is affecting the supply (the total amount of the goods available for purchase) I'm saying that the tax only affects the final sale price consumers pay.

    We both agree that a tax is an artificial increase on the price, but how does that affect the total supply like you suggested?
    Because tRuMp!
    GJO- You will never be forgotten. "MORE THAN MINFINITY"!

  4. #3139
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    Quote Originally Posted by ciaban2.0 View Post
    I know. I was replying to this...


    How does the import tax relate to the supply crunch?

    Because you're suggesting that the import tax is affecting the supply (the total amount of the goods available for purchase) I'm saying that the tax only affects the final sale price consumers pay.

    We both agree that a tax is an artificial increase on the price, but how does that affect the total supply like you suggested?
    It was actually specifically put in place by the Trump Admin during the negotiations on the USMCA.

    But don't take my word for it, those liberal socialists over at the Cato Institute and Reason will tell you the same thing.

    But rather than moving toward allowing greater trade, the U.S. has recently adopted policies making it more difficult to import infant formula. The United States-Mexico-Canada Agreement (USMCA), the rewrite of the North American Free Trade Agreement (NAFTA) championed by the Trump administration, set new limits on how much baby formula Canada could export—not just to the United States, but anywhere else in the world too.

    As the CBC reported in 2018, that provision was likely a way for the Trump administration to snipe at China, after a Chinese-based company had invested $225 million in a formula manufacturing facility in Canada. The deal was also a win for American dairy farmers and the Trump administration, the CBC reported, after a political spat between the dairy special interests on both sides of the border.

    But the new "export fees" included in the USMCA likely make it more costly and difficult for America to import extra supplies of formula from its northern neighbor. Chalk it up to another self-inflicted wound of the trade war with China.


    "It is a grotesque parody of the bazaar at Marrakech, as if dumb animals had been granted only the amount of sentience required to mock humanity."

  5. #3140
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    Quote Originally Posted by dbroncsinmo View Post
    Because tRuMp!
    I know, right? It makes far more sense to act like the policies of the past President stop having any impact the day they leave office.


    "It is a grotesque parody of the bazaar at Marrakech, as if dumb animals had been granted only the amount of sentience required to mock humanity."

  6. #3141
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    Quote Originally Posted by natepro View Post
    I know, right? It makes far more sense to act like the policies of the past President stop having any impact the day they leave office.
    You too? Anyone trying to place the blame on Trump for anything to do with the current supply chain issues and/or the current inflation issues is at best a ****ing idiot.
    GJO- You will never be forgotten. "MORE THAN MINFINITY"!

  7. #3142
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    Quote Originally Posted by dbroncsinmo View Post
    You too? Anyone trying to place the blame on Trump for anything to do with the current supply chain issues and/or the current inflation issues is at best a ****ing idiot.
    So we can freely import formula from Canada? His Administration didn't negotiate a limit on their exports as well as a tariff on their imports of formula here? The Atlantic, Cato Institute, Reason, all of them are wrong? The Office of the US Trade Representative Fact Sheet is wrong?

    Key Achievement: Canada’s Milk Class Pricing System

    Six months after entry into force of the USMCA, Canada will eliminate milk price classes 6 and 7. Canada will ensure that the price for skim milk solids used to produce nonfat dry milk, milk protein concentrates, and infant formula will be set no lower than a level based on the United States price for nonfat dry milk. Canada has also committed to adopt measures designed to limit the impact of any surplus skim milk production on external markets. These measures include resumption of its program to use skim milk domestically as animal feed and a new commitment to cap its exports of skim milk powder, milk protein concentrates, and infant formula. For skim milk powder and milk protein concentrates, the aggregate export cap will be 55,000 MT in the first year after the agreement enters into force, falling to 35,000 MT in the second year. Exports that exceed this threshold will face an export surcharge of C$0.54 per kilogram. For infant formula, the export cap will be 13,333 MT in the first year, increasing to 40,000 MT in the second year. Exports that exceed this threshold will face a surcharge of C$4.25 per kilogram. Both caps will be increased by 1.2 percent a year, an amount equivalent to Canada’s historical population growth. To assist with monitoring implementation of this new program, Canada has agreed to discuss any matter related to this mechanism upon request of the United States, and both countries will review the agreement five years after entry into force and every two years thereafter.
    You think this is having no impact? Or is this just the time of night when you're a few drinks in and saying whatever your struggling mind decides to vomit out?


    "It is a grotesque parody of the bazaar at Marrakech, as if dumb animals had been granted only the amount of sentience required to mock humanity."

  8. #3143
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    Quote Originally Posted by dbroncsinmo View Post
    You too? Anyone trying to place the blame on Trump for anything to do with the current supply chain issues and/or the current inflation issues is at best a ****ing idiot.
    Rent free in their Head. Mirite?


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    Quote Originally Posted by Raps08-09 Champ View Post
    My dick is named 'Ewing'.

  9. #3144
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    Biden's biggest mistake, and it set the tempo for his entire administration, was to be all antii Trump all the Time. On day 1 he shuts f=down the Keystone Pipeline followed quickly by cancelling Trump's plan to drill in Alaska. The shut down border wall construction after material has been purchased. He took the approach that anything Trump touched was bad. In short…he totally lost perspective and the ability to think things through rationally.

    And it wasn't just him. He was steered by the hip, woke (whatever that means) staffers pushing his buttons.

    The guy inherited a thriving economy coming out of Covid with vaccines on the way …… and completely screwed it up. We were energy independent for the first time in years…something every country on the planet dreams of. And he screwed that up on day 1.

    All he had to do was……nothing. Just ride the wave. Instead, it was everything Trump did was bad so it had to go. All his decisions were made like this……and here we are.

    Trump was an unlikable, brash, rude, boor……but he was effective. Biden is a likable guy but totally useless. Which would you rather have???

  10. #3145
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    Quote Originally Posted by Sluggo1 View Post
    Biden's biggest mistake, and it set the tempo for his entire administration, was to be all antii Trump all the Time. On day 1 he shuts f=down the Keystone Pipeline followed quickly by cancelling Trump's plan to drill in Alaska. The shut down border wall construction after material has been purchased. He took the approach that anything Trump touched was bad. In short…he totally lost perspective and the ability to think things through rationally.

    And it wasn't just him. He was steered by the hip, woke (whatever that means) staffers pushing his buttons.

    The guy inherited a thriving economy coming out of Covid with vaccines on the way …… and completely screwed it up. We were energy independent for the first time in years…something every country on the planet dreams of. And he screwed that up on day 1.

    All he had to do was……nothing. Just ride the wave. Instead, it was everything Trump did was bad so it had to go. All his decisions were made like this……and here we are.

    Trump was an unlikable, brash, rude, boor……but he was effective. Biden is a likable guy but totally useless. Which would you rather have???
    Your key point here is flawed. Trump wasn’t effective. What did he actually do that helped anyone? Seriously tell me what he did. He rode the recovery and relative strength that had existed in the economy since we came out of the 2008 crash. His major accomplishments are tax cuts for the wealthy and getting judges confirmed.

  11. #3146
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    The baby formula supply problem is the result of several factors, one of which is Trump’s tariff on some Canadian goods.

    More at issue though are the FDA and mega-corporations.

    The FDA has regulations that hinder the import of formula from Europe.

    More immediately, baby formula is produced in US by three large corporation, one of which — Abbott, with 40% of the market share — had to close is main manufaturing plant in Michigan after a deadly bacterial outbreak that may or may not have originated in the facility (investigations are ongoing).

    Like all of the economic issues, the causes and consequences are far more complicated than Biden this or Trump that.

  12. #3147
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    Quote Originally Posted by dbroncos78087 View Post
    Your key point here is flawed. Trump wasn’t effective. What did he actually do that helped anyone? Seriously tell me what he did. He rode the recovery and relative strength that had existed in the economy since we came out of the 2008 crash. His major accomplishments are tax cuts for the wealthy and getting judges confirmed.
    So trump gets no credit because the previous admin had set all the building blocks.

    And President Crackers takes no blame because his previous administration is responsible for all the root causes of inflation, Ukraine, supply line shortages, Afghanistan et al/

    Is there anyway we can tie the Trumpster to the war if 1812, the Trail of Tears. D-Day, the Vietnam war???

    Just wondering.

  13. #3148
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    Quote Originally Posted by dbroncos78087 View Post
    Your key point here is flawed. Trump wasn’t effective. What did he actually do that helped anyone? Seriously tell me what he did. He rode the recovery and relative strength that had existed in the economy since we came out of the 2008 crash. His major accomplishments are tax cuts for the wealthy and getting judges confirmed.
    and the non-wealthy (how convenient you forget that)
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  14. #3149
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    Quote Originally Posted by Crovash View Post
    The baby formula supply problem is the result of several factors, one of which is Trump’s tariff on some Canadian goods.

    More at issue though are the FDA and mega-corporations.

    The FDA has regulations that hinder the import of formula from Europe.

    More immediately, baby formula is produced in US by three large corporation, one of which — Abbott, with 40% of the market share — had to close is main manufaturing plant in Michigan after a deadly bacterial outbreak that may or may not have originated in the facility (investigations are ongoing).

    Like all of the economic issues, the causes and consequences are far more complicated than Biden this or Trump that.
    While all this is probably true we are skipping over the fact that Trump, being a businessman, had the ability to get things done.

    regulations on getting the formula from Europe……he may have waived
    Tariffs with Canada……could have been negotiated down
    The Abbott situation……would not have lasted this long under Trump. If it was a serious issue (and it appears to be) Trump would have sped up whatever investigation was necessary and it would not have been months in getting the formula produced.
    Trump also supposedly inherited empty warehouses of medical supplies when Covid broke and he seemed to have gotten many business on line to produce ventilators and other supplies.

    I don't care for Trump. As I said, he acts like a jerk. But he gets things done. Most successful businesspeople do.
    He got us energy independent (huge accomplishment), He kept trying to pin the blame for Covid on China when no one else wanted to talk about it. He was open to trying different therapeutics while others scoffed (queue to the drinking clorox stupid point that wasn't) And me mentioned that we couldn't let the cure be worse than the disease……and he was right about that.

    Most here do not like him, we get it. But he was effective.

    I would like to see more businesspeople come to positions of power. I liked Steve Forbes, Herman Cain, Ross Perot. What we keep getting now, in both parties is the same old stuff.

  15. #3150
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    Quote Originally Posted by Sluggo1 View Post
    So trump gets no credit because the previous admin had set all the building blocks.

    And President Crackers takes no blame because his previous administration is responsible for all the root causes of inflation, Ukraine, supply line shortages, Afghanistan et al/

    Is there anyway we can tie the Trumpster to the war if 1812, the Trail of Tears. D-Day, the Vietnam war???

    Just wondering.
    The "credit" you want is for less than 1% GDP growth from between Obama and Trump.
    Quote Originally Posted by brett05 View Post
    the delays of the courts needs to end at some point.
    Quote Originally Posted by dbroncos78087 View Post
    And if people got **** counsel, well they had to die so the court could move faster…but tell me again how pro-life you are!
    I was told there would be pro-life! Not pro-death!

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