Mainecat Posted October 1, 2019 Share Posted October 1, 2019 At least the automakers paid it back ... When the president’s trade war began to hurt rural America, he used a huge chunk of his budget to issue a $28 billion bailout, which is twice of what the government loaned to the big three automakers. In the case of the automakers, the funds were paid back with interest and they did it earlier than expected. Farmers are not expected to pay back the government. https://www.rawstory.com/2019/09/trumps-farmer-bailout-is-now-twice-as-big-as-the-auto-bailout-as-trump-begs-rural-america-not-to-leave-him-report/ Quote Link to comment Share on other sites More sharing options...
Rod Posted October 1, 2019 Share Posted October 1, 2019 Why does MC hate the working class so much? Racism? Quote Link to comment Share on other sites More sharing options...
Mainecat Posted October 1, 2019 Author Share Posted October 1, 2019 (edited) Twice as big. Lets see ...conservative republicans give 28 billion tax payer dollars away and are considered tax hawks yet liberal democrats loan automakers 14 billion tax payer dollars that are paid back in full are labeled tax and spend liberals. The repubs sure are brainwashed. Edited October 1, 2019 by Mainecat Quote Link to comment Share on other sites More sharing options...
Edmo Posted October 1, 2019 Share Posted October 1, 2019 Show me how the money was spent. Allocating the money and giving it all out are 2 different things. Link it up. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted October 1, 2019 Author Share Posted October 1, 2019 Just now, Edmo said: Show me how the money was spent. Allocating the money and giving it all out are 2 different things. Link it up. Jesus what the fuck is with you trump guys? Look it up yourself. It’s obvious why you support Trump you know nothing Quote Link to comment Share on other sites More sharing options...
Rod Posted October 1, 2019 Share Posted October 1, 2019 1 minute ago, Mainecat said: Jesus what the fuck is with you trump guys? Look it up yourself. It’s obvious why you support Trump you know nothing Why are you racist to people who got their jobs on merit instead of nepotism? Quote Link to comment Share on other sites More sharing options...
Zambroski Posted October 1, 2019 Share Posted October 1, 2019 1 minute ago, Mainecat said: Jesus what the fuck is with you trump guys? Look it up yourself. It’s obvious why you support Trump you know nothing Poor triggered and stupid MC. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 1, 2019 Platinum Contributing Member Share Posted October 1, 2019 Not really. Thru June the govt collected $63 billion in tariffs. Quote Link to comment Share on other sites More sharing options...
Rod Posted October 1, 2019 Share Posted October 1, 2019 Just now, Highmark said: Not really. Thru June the govt collected $63 billion in tariffs. Then when these tariffs get taken off fake cat will call it corporate welfare lol Quote Link to comment Share on other sites More sharing options...
Edmo Posted October 1, 2019 Share Posted October 1, 2019 17 minutes ago, Mainecat said: Jesus what the fuck is with you trump guys? Look it up yourself. It’s obvious why you support Trump you know nothing Your story is incomplete. Just giving you the opportunity to fill in the blanks. But you can’t, can you? Hmmmm.... Quote Link to comment Share on other sites More sharing options...
Edmo Posted October 1, 2019 Share Posted October 1, 2019 All of the dem candidates have said getting tough with China is the right thing to do. Can you just admit you and your biased media are pissed because it’s trump doing the right thing here MC? Quote Link to comment Share on other sites More sharing options...
Anler Posted October 1, 2019 Share Posted October 1, 2019 1 Quote Link to comment Share on other sites More sharing options...
1jkw Posted October 1, 2019 Share Posted October 1, 2019 1 hour ago, Highmark said: Not really. Thru June the govt collected $63 billion in tariffs. Collected from US Companies and consumers. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 1, 2019 Platinum Contributing Member Share Posted October 1, 2019 1 minute ago, 1jkw said: Collected from US Companies and consumers. Well fuck companies am I right? Quote Link to comment Share on other sites More sharing options...
1jkw Posted October 1, 2019 Share Posted October 1, 2019 4 minutes ago, Highmark said: Well fuck companies am I right? As long as it's not mine or yours, I guess so. Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted October 1, 2019 Share Posted October 1, 2019 Thank u 4 beanz checks!! Neal Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted October 1, 2019 Share Posted October 1, 2019 58 minutes ago, Anler said: Lol. Spot on Quote Link to comment Share on other sites More sharing options...
Anler Posted October 1, 2019 Share Posted October 1, 2019 14 minutes ago, Angry ginger said: Lol. Spot on But Obama! Quote Link to comment Share on other sites More sharing options...
USA Contributing Member $poorsledder$ Posted October 1, 2019 USA Contributing Member Share Posted October 1, 2019 3 hours ago, 168hp CAT 800 said: Why are you racist to people who got their jobs on merit instead of nepotism? Nailed It! What an f'n clown. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 1, 2019 Platinum Contributing Member Share Posted October 1, 2019 2 hours ago, 1jkw said: As long as it's not mine or yours, I guess so. Well to be fair most indications are companies are absorbing much of it so very little is being passed on to consumers.....yet. Considering China's rule on them owning at least half of any American company in China it stands to reason China is paying for a good portion of it. Quote Link to comment Share on other sites More sharing options...
1jkw Posted October 1, 2019 Share Posted October 1, 2019 5 minutes ago, Highmark said: Well to be fair most indications are companies are absorbing much of it so very little is being passed on to consumers.....yet. Considering China's rule on them owning at least half of any American company in China it stands to reason China is paying for a good portion of it. Bought a cutting edge for my tractors bucket, price was 25% more, GM 2500 rotors went from 38.00 to 72.00, bevel gear for bailer 22.00 to 40.00, hydraulic fittings thru the roof, my friend sold a hose and realized he was low on that size fitting, ordered more, the new ones were more than he sold the hose with fittings and labor for. The dealership where I bought my tractor has a wall of product, pins, keyways, spacers, springs, and that sort of thing, according to my friend who manages the inventory the old retail price is about the same as the new wholesale, and he is a firm Trump supporter, the diner we eat at owned by a red hat wearing fox news on the TV guy, he says in over 30 years in the business he has never seen increases in food as he has now. When retail prices are up the consumer pays, when the retailer eats cost increases he pays. I have no first hand knowledge of how much China is paying tariff wise, but all I have heard from economists and even the US COC is that the bulk is paid by the US. The tariffs have really hurt China's economy in a big way no doubt. I can't fault Trump too much for the tariffs because I thought long before he was pres. we should do them. I realize now like many times before I probably was wrong, hopefully we get some kind of "meaningful agreement" with China, I have less faith everyday that we will. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 1, 2019 Platinum Contributing Member Share Posted October 1, 2019 (edited) 3 hours ago, 1jkw said: Bought a cutting edge for my tractors bucket, price was 25% more, GM 2500 rotors went from 38.00 to 72.00, bevel gear for bailer 22.00 to 40.00, hydraulic fittings thru the roof, my friend sold a hose and realized he was low on that size fitting, ordered more, the new ones were more than he sold the hose with fittings and labor for. The dealership where I bought my tractor has a wall of product, pins, keyways, spacers, springs, and that sort of thing, according to my friend who manages the inventory the old retail price is about the same as the new wholesale, and he is a firm Trump supporter, the diner we eat at owned by a red hat wearing fox news on the TV guy, he says in over 30 years in the business he has never seen increases in food as he has now. When retail prices are up the consumer pays, when the retailer eats cost increases he pays. I have no first hand knowledge of how much China is paying tariff wise, but all I have heard from economists and even the US COC is that the bulk is paid by the US. The tariffs have really hurt China's economy in a big way no doubt. I can't fault Trump too much for the tariffs because I thought long before he was pres. we should do them. I realize now like many times before I probably was wrong, hopefully we get some kind of "meaningful agreement" with China, I have less faith everyday that we will. Well it surely isn't impacting inflation in any significant way. Some of our components that come from China have went up mildly but I can't say the impact has been at all significant. We surely are not passing on double or triple like in your examples. Strong dollar and China deflating its currency should cut into the impact as well. Edited October 1, 2019 by Highmark Quote Link to comment Share on other sites More sharing options...
1jkw Posted October 1, 2019 Share Posted October 1, 2019 Just now, Highmark said: Well it surely isn't impacting inflation in any significant way. Of course not, you can fudge numbers and they do, just like the 4.1 or real 3.1 GDP. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted October 1, 2019 Share Posted October 1, 2019 9 hours ago, Highmark said: Not really. Thru June the govt collected $63 billion in tariffs. 7 hours ago, 1jkw said: Collected from US Companies and consumers. Whoops. High mark was using trump accounting. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted October 1, 2019 Share Posted October 1, 2019 4 hours ago, 1jkw said: Bought a cutting edge for my tractors bucket, price was 25% more, GM 2500 rotors went from 38.00 to 72.00, bevel gear for bailer 22.00 to 40.00, hydraulic fittings thru the roof, my friend sold a hose and realized he was low on that size fitting, ordered more, the new ones were more than he sold the hose with fittings and labor for. The dealership where I bought my tractor has a wall of product, pins, keyways, spacers, springs, and that sort of thing, according to my friend who manages the inventory the old retail price is about the same as the new wholesale, and he is a firm Trump supporter, the diner we eat at owned by a red hat wearing fox news on the TV guy, he says in over 30 years in the business he has never seen increases in food as he has now. When retail prices are up the consumer pays, when the retailer eats cost increases he pays. I have no first hand knowledge of how much China is paying tariff wise, but all I have heard from economists and even the US COC is that the bulk is paid by the US. The tariffs have really hurt China's economy in a big way no doubt. I can't fault Trump too much for the tariffs because I thought long before he was pres. we should do them. I realize now like many times before I probably was wrong, hopefully we get some kind of "meaningful agreement" with China, I have less faith everyday that we will. Every once in a while there is a good post on here. This is one of them Quote Link to comment Share on other sites More sharing options...
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