Potus ???

[Johnsond]

1 minute ago, Steven P said:

 

You are notably absent with your comments on your Rapist Heros (flawed) tariffs and what their effects will be, hows about some positive input to this thread and join in with pertinent discussion. Now that took time this morning, and read some of your posts, all I've seen for the last few weeks is JohnsonD trying to throw shit about to see where it sticks... but nothing of relevance... anywhere.

 

So what are your thoughts on Trumps latest?

 

 

 

Can you manage that? 50-50 bet on a direct insult response, 75-25 you'll ask me what my job is, 95-5 you don't add to the discussion.

There’s an outstanding question that’s been asked multiple times in relation to how you view and approach things, a fair question I thought. 

[GarethM]

11 minutes ago, Steven P said:

The EU tariffs however have been applied in a considered fashion, Trumps have been applied universally to all off the back of fag packet calculation. No discrimination between which will be aiding the US economy and which will be harming it. The American public will be picking up the costs in the short term at least, 700 billion tax raid effectively.

Or they'll just buy American, simple solution.

 

But as usual let's defend the EU because they're our masters. Nothing wrong with family and then country coming 1st.

 

The USA has a population of circa 300 million so why shouldn't they make it domestically?.

[Steven P]

Don't encourage him Gareth, this thread is contentious enough at times and trying to keep a relevant and useful discussion going needs some reminding what we are talking about.

 

Might have escaped your notice, I am not President nor have I stood to be president (something to do with Aliens and all that being barred from standing). So an irrelevance.

 

[Haironyourchest]

15 hours ago, Steven P said:

Simple maths is simple to understand.

 

Luxury goods or the perception of luxury, will just get more expensive, the rich will just pay more, the poorest might not buy or will sacrifice something else to 'keep up with the Jonses'. A good thing taxing the rich and highest paid more. Not such a good thing that I doubt that revenue will filter down to the poorest, just be a redistribution of tax the rich pay.

 

For the near future prices will rise, cannot ramp up say, steel production over night, goods prices will rise to counter the tariffs... and history tells us that they never really fall again. All good if tax increases are your thing, a slight of hand, akin to Starmer in the UK saying no income tax rises, like Trump did, so the tax increases are taken from elsewhere.

 

My prediction is that the richest will just keep on as they always do, but the lowest paid will suffer disproportionally.

 

A good example is in the cheapest new cars in the US. Apart from an odd exception depending on the list you read all are imports. Add 25% extra tax on top they are all still the cheapest (depending on the list), just 25% more expensive. The richest could laugh off 20 or 30k extra tax for a top model, the middle ground could go down a level but the poorest don't have that option, if they need a car they have to pay a good portion of their income as an extra tax. Noting my point here that sales taxes are indiscriminate, we all pay at the same rate, poorest or richest. If the competition suddenly becomes more expensive there is no incentive to keep home grown prices keen to compete... US made cars will creep up in price to match. Watch this space for me to say "told you so"

 

The poor don't need a new car. They can use public transportation and save the climate, like they were told to for the past 4 years. Or buy an old car. At least with a Republican administration they will still be allowed to own and drive old gasoline cars and not be forced to go EV.

 

[Steven P]

You sure? With Tesla stocks plunging, Trumpy might fix that to help his pal, EV cars. Though, yes, the cheapest cars are still petrol and will still get hit with 25% tariff, but will still be cheaper than US made, so the poorest will still be supporting the Japanese economy.

 

 

 

EDIT:

Here is another good example of universal tariffs on US imports, you can apply this to many goods.

 

One of their biggest companies is Starbucks so let see Coffee:

From the map below, the US grows no coffee, all imported and all will be subject to minimum 10% (to 35%) tax. Your morning coffee in the US is now going up in price, for no benefits to the country, and imports won't be affected, they'll all still want their overpriced Starbucks

 

 

Edited yesterday at 10:09 by Steven P

[GarethM]

1 minute ago, Steven P said:

You sure? With Tesla stocks plunging, Trumpy might fix that to help his pal, EV cars. Though, yes, the cheapest cars are still petrol and will still get hit with 25% tariff, but will still be cheaper than US made, so the poorest will still be supporting the Japanese economy.

Remind me again who practically invented the moving assembly line, I can't for the life of me remember the name of the man who also introduced gauge blocks as well.

[Steven P]

3 minutes ago, GarethM said:

Remind me again who practically invented the moving assembly line, I can't for the life of me remember the name of the man who also introduced gauge blocks as well.

 

Invented and copied worldwide, yes, are you suggesting there is another process improvement round the corner that can be used to undercut the cheaper imports or is this a distraction from rising prices due to current tax implementation?

[GarethM]

4 minutes ago, Steven P said:

Invented and copied worldwide, yes, are you suggesting there is another process improvement round the corner that can be used to undercut the cheaper imports or is this a distraction from rising prices due to current tax implementation?

No I'm suggesting if the Americans wanted they could churn out whatever they want.

 

I also remember as a country they made the atomic bomb, went to the moon okay with the help of a German.

 

Stop being so dismissive of a country being able to make what it requires, he'll you're probably extolling the virtues of 3d printing as a circular economy.

 

Just because you're copy of the big issue your chugging is probably printed in Vietnam, doesn't mean the Americans can't survive and thrive.

[Yournamehere]

1 hour ago, Steven P said:

 

<snip> Now that I took time this morning, and read some of your posts, all I've seen for the last few weeks is JohnsonD trying to throw shit about to see where it sticks... but nothing of relevance... anywhere.

 

AKA Shitposter posts shit.

 

[Yournamehere]

20 minutes ago, GarethM said:

Remind me again who practically invented the moving assembly line, I can't for the life of me remember the name of the man who also introduced gauge blocks as well.

Wiki says, "Gauge blocks were invented in 1896 by Swedish machinist Carl Edvard Johansson"

 

Really. Promise.

 

I just looked cos I thought it was an interesting question; I was wondering if it was Henry Maudsley who invented the screw gauge.