Prices of Goods in the U.S. Did Not Rise At All Despite China Tariff Hike

Discussion in 'Economics & Trade' started by US Conservative, Jul 12, 2019.

  1. Borat

    Borat Banned

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    That's what I said and that's why i voted for Trump and i am gratified that after 40 years of bipartisan lies and empty promises Trump is finally delivering and real incomes are finally growing (5% growth in 2 years of Trump is totally awesome) and taxes have been lowered for all brackets and inflation is low and interest rates are low, and the country enjoys full employment, including women, including minorities....

    That having recognized 40 years of swamp's lies you still support 25 uber-liberal political midgets running for Dem nomination and still have blind faith in their empty promises makes absolutely no sense... but making no sense is new normal among Trump haters.
     
    Last edited: Jul 17, 2019
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  2. vman12

    vman12 Well-Known Member Past Donor

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    Oh I see.

    You mean by like calls to violence and whatever else you need to do like wreck the economy and set the country on fire?
     
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  3. vman12

    vman12 Well-Known Member Past Donor

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    I swear to God I hope these BAMN pukes finally work up the courage to make a play before I get too old.
     
  4. LangleyMan

    LangleyMan Well-Known Member

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    Are you unable to read the graph I provided?

    [​IMG]

    It came from here: https://fred.stlouisfed.org/
    Look up cognitive dissonance. You refuse to look at the truth because it conflicts with what you want to believe.
     
  5. Borat

    Borat Banned

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    I posted the chart in my previous post clearly showing real income growth from $60,000 in 2017 to almost $64,000 early 2019. That's more than 5% and after decades of stagnant, decreasing real wages and shrinking middle class it is totally awesome.

    Why do you continue blindly believeling the swamp and the Dems, after 40 years of their lies and broken promises i will never know, with folks like you this sort of blind faith is almost like a religion. Sad.
     
    Last edited: Jul 17, 2019
  6. rahl

    rahl Banned

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    It’s astounding the ability trumpets have of looking at official data, and declaring it says the exact opposite of what it clearly says lol.
     
  7. Borat

    Borat Banned

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    I no longer expect even a tiny bit of self-awareness when it comes to libs and progs... The numbers, though do speak for themselves:

    2017 - $60,000
    2019 - $63,688

    Full employment, skyrocketing stock market, low inflation, low interest rates, low tax brackets, peace, prosperity, 500,000 new manufacturing jobs..... Well done, Mr. President, truly spectacular results.


    [​IMG]
     
  8. ronv

    ronv Well-Known Member

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    Gee. I didn't mean to upset you by bursting your TV bubble. :)

    But I'm sorry, you just can't make general assumptions about what has tariffs, what rate, and what doesn't.

    But here is one before and after example.
    upload_2019-7-17_10-9-2.png upload_2019-7-17_10-10-37.png
     
    Last edited: Jul 17, 2019
  9. Zorro

    Zorro Well-Known Member

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    The Fake News Media and the Left consistently carry water for and take the side of the Chinese Communists over the American Worker. Now they will claim otherwise, but you can predict their every position with this premise.

    And that's how we measure what premises are true and what ones are false, by determining their predictive power.

    They do not like Trump standing up to the Chinese in order to get a better deal for the American Worker, and you know what? We don't really care what these anti-Americans think, claim and scream.

    China, under previous Presidents was using OUR money to build a military that they hoped would be able to challenge US efforts to maintain global shipping lanes for the world.

    The world’s oceans account for nearly 90 percent of all international commerce. Straits are geographical areas littered across the oceans near land masses that constrict the passage of shipping to narrow passages. These straits often serve as strategic chokepoints that offer potential control of the world’s sea lanes of communication. Because international shipping lanes are forced to go through these specific vulnerable locations, they are often referred to as the "geographical Achilles heels of the global economy."

    Trump is stepping on China's cashflow that they are attempting to use to build a military that can control the seas far from their borders.

    COLD WAR II: After Chinese Trawler Sinks Philippine Boat, Duterte Calls On US To Send Seventh Fleet.

    Duterte has certainly changed his tune on China (and the US), and Beijing has no one to blame but themselves.

    Philippine President Rodrigo Duterte has called upon the United States to back up a Mutual Defense Treaty (MDS) signed in 1951 between the two countries and send the vaunted Seventh Fleet to take on China.

    The sinking of a Philippine fishing boat by a Chinese trawler on June 9 has escalated tensions and spurred Duterte's sudden recall of the defense treaty. Beijing claimed the event to be an "accident".
     
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  10. rahl

    rahl Banned

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    Like I said, astounding.
     
  11. ronv

    ronv Well-Known Member

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    Not a very good measure of success. That's why it doesn't agree with a rise in wages graph.
    What yours represents is simply that there are more 2 or 3 income families.
     
  12. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Nah.

    Nothing ILLEGAL (like you have described).

    But, any LEGAL Means necessary.

    I'm a Lover not a Fighter.:salute:
     
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  13. vman12

    vman12 Well-Known Member Past Donor

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    Oh so working to damage the economy is a legal method you approve of.

    I'm sure glad the left cares so much about poor Americans like they say they do.
     
  14. LangleyMan

    LangleyMan Well-Known Member

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    I don't know where you got your graph, but mine came from the St. Louis Federal Reserve website (I gave you the link).
    As I've said, I don't believe either party.
    Are you here to actually discuss issues or are you intent upon propagandizing the forum? I presented you with incontrovertible evidence and told you where I got it.
     
  15. Borat

    Borat Banned

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    Great, then let's end this discussion on a positive and mutually agreeable note that the Dems are not to be believed, that they are lying now just like they have been for the last 40 years...

    Trump's record on the other hand speaks for itself, booming, absolutely incredible economy, daily stock market records, full employment, 500,000 new manufacturing jobs, peace, prosperity, improved trade agreements, stronger better financed NATO, energy independence....

    It's a no-brainer, really, peace and prosperity vs open borders, outsourcing, depressed wages and 70% tax rates.
     
  16. ronv

    ronv Well-Known Member

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    You can both be right.
    If your wife goes to work and makes the same as you, your median household income doubles, but your median wage doesn't change.
     
  17. rahl

    rahl Banned

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    No economic trends have changed under trump. They’ve been on the exact same upward trend since 2010
     
  18. Pollycy

    Pollycy Well-Known Member

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    I respect your opinion about economics quite a lot, Zorro. Do you think the Fed will raise interest rates, leave them alone, or cut them this month? I know they want to get rid of the 'balance sheet' pudge SO much, but they'll never do it by continuing to coddle Wall Street, which has gotten quite comfortable with the crutches it has had for 11 years....
     
  19. Pollycy

    Pollycy Well-Known Member

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    OK, was that two offers made by the same store? Was that two offers made by different stores? I can go to Kohl's and show you prices that will be double or triple what you would find at other stores every day, before they apply their "discount". I didn't say all prices in all stores for all merchandise is exactly the same, ronny. That has never been true.... But what the hysterical Trump-haters were spouting was that because of the tariffs, everything made in China was going to skyrocket in price -- a gigantic burden on American consumers. So far, I just ain't seen it at all....
     
    Last edited: Jul 17, 2019
  20. Borat

    Borat Banned

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    So Trump keeps the economy booming, full employment, skyrocketing stock market, prosperity, peace, better financed stronger NATO, drastically improved trade agreements....

    You're not suggesting he should be replaced with Democrats who are lying and making empty BS promises they have been making for the last 40 years, right? That would be totally idiotic, don't you agree?

    PS
    -Obama lost 200000 manufacturing jobs
    -Trump created 500000 manufacturing jobs

    How is this trending? Lol


    One has to be an idiot to
     
  21. Pollycy

    Pollycy Well-Known Member

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    Oh, you're leaving out two very vitally important points of radical Democrat appeal:

    1. Soaring 'minimum wages' that guarantee millions will lose their jobs and/or bankrupt the companies that employ them.
    2. More "free stuff" for people who pay no taxes and are permanently on 'welfare-suck', which will push the U. S. even closer to bankruptcy ourselves. (Hint: why is the government is a PANIC right now to increase the debt ceiling before the slugs in Congress take their lavish summer 'break'...?)
     
    Last edited: Jul 17, 2019
  22. ronv

    ronv Well-Known Member

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    They will price match their online ads.
    And no. We didn't say everything from China. We said the tariffs would be passed thru. There are still 3/5 of China's products without new tariffs and just recently the increase from 10 to 25% on many products.
     
  23. rahl

    rahl Banned

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    It’s astounding the ability trumpets have that after being so thoroughly proven wrong with actual data, they just pretend it doesn’t exist and repeat the same proven falsehoods over and over.
     
  24. US Conservative

    US Conservative Well-Known Member Past Donor

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    Projection.
     
  25. rahl

    rahl Banned

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    Demonstrated reality in the post I quoted.
     

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