Would this still be true if the Democrats gain control of Congress and/or the Senate after the midterm elections?
A decision to back away from confrontation with China could only be made by one man. “China trade is now a presidential level, political issue. It was not under Obama. And it was not under Bush,” said Derek Scissors, a China expert at the American Enterprise Institute. “Now everything is subject to the president deciding.”
Would this still be true if the Democrats gain control of Congress and/or the Senate after the midterm elections?
Yeah to be honest, this whole thing is pretty confusing to me in terms of who's in charge of what. Maybe I missed that day in civics, but when and why did the president gain unilateral power over...
Yeah to be honest, this whole thing is pretty confusing to me in terms of who's in charge of what. Maybe I missed that day in civics, but when and why did the president gain unilateral power over tariffs? That seems like something that would fall squarely in the jurisdiction of Congress.
There's an exemption that allows the President to act without Congressional approval for "national security" reasons: It's of course ludicrous that all of these tariffs are related to "national...
There's an exemption that allows the President to act without Congressional approval for "national security" reasons:
It's of course ludicrous that all of these tariffs are related to "national security" as Congress meant it in 1962, but that's the veneer of justification that's being applied.
That's just bizarre. I figured it was something that came out of the republican obstructionism of the Obama years. What possible advantage could there be to putting that power in the President's...
That's just bizarre. I figured it was something that came out of the republican obstructionism of the Obama years. What possible advantage could there be to putting that power in the President's hands rather than congress', especially in 1962?
Hey maybe all this will reduce the Co2 emissions. I'd be interested what the predictions are on the reduction in trade and economic activity, and if that caries over into net reduced consumption.
Hey maybe all this will reduce the Co2 emissions. I'd be interested what the predictions are on the reduction in trade and economic activity, and if that caries over into net reduced consumption.
This might be excessively cynical, but I don't think it's beyond the realm of possibility that he's trying to engineer another economic collapse. Benefits to his Russian backers aside, the one in...
This might be excessively cynical, but I don't think it's beyond the realm of possibility that he's trying to engineer another economic collapse. Benefits to his Russian backers aside, the one in 2008 allowed the ultra-wealthy to swoop in and massively increase their holdings for pennies on the dollar, while further eroding the wealth and bargaining power of the middle and lower classes.
That sounds a little advanced for his grade level in my opinion. Someone suggesting to him that he should go after China sounds like a thing he would do, but a planned economic collapse sounds a...
That sounds a little advanced for his grade level in my opinion. Someone suggesting to him that he should go after China sounds like a thing he would do, but a planned economic collapse sounds a bit much for him.
Yeah it's entirely possible that he's just as stupid as he appears to be and he's doing all of this accidentally. But he is a real-estate mogul that has made comments before on how well he did...
Yeah it's entirely possible that he's just as stupid as he appears to be and he's doing all of this accidentally. But he is a real-estate mogul that has made comments before on how well he did during past housing market crashes. I wouldn't put this sort of plan past him, it's not rocket science.
That's a good point. Everything else he's done seems to be totally about self-enrichment.
But he is a real-estate mogul that has made comments before on how well he did during past housing market crashes. I wouldn't put this sort of plan past him, it's not rocket science.
That's a good point. Everything else he's done seems to be totally about self-enrichment.
From this article, it seems like he doesn't even understand what tariffs do: It sounds like he believes that China pays the tariffs, but it's importers that have to pay them.
From this article, it seems like he doesn't even understand what tariffs do:
Here’s what Trump said on Monday: “China's now paying us billions of dollars in tariffs and hopefully we'll be able to work something out.”
That’s not how tariffs work. China doesn’t pay us anything. Importers of the products pay the tariffs and either eat the extra cost or pass it on to consumers, which is what’s freaking out many Republicans who don’t want voters paying more for stuff just as the midterms and the holiday season approach.
On a conference call ahead of the tariff announcement, two senior administration officials could not offer any real explanation for Trump repeatedly saying China would pay the tariffs (AKA taxes). Asked if these were some kind of special tariffs that nobody knows about, one of the officials said: “The tariffs work the way tariffs normally work.”
It sounds like he believes that China pays the tariffs, but it's importers that have to pay them.
Exactly. And the thing is, he is just doing it. It's like he's not an adult and doesn't understand how the world works. There are certain things you just go with and certain things you just...
Exactly. And the thing is, he is just doing it. It's like he's not an adult and doesn't understand how the world works. There are certain things you just go with and certain things you just concede on because it's in the best interest of everyone. It doesn't matter if he feels insulted, slighted, whatever.
Would this still be true if the Democrats gain control of Congress and/or the Senate after the midterm elections?
Yeah to be honest, this whole thing is pretty confusing to me in terms of who's in charge of what. Maybe I missed that day in civics, but when and why did the president gain unilateral power over tariffs? That seems like something that would fall squarely in the jurisdiction of Congress.
There's an exemption that allows the President to act without Congressional approval for "national security" reasons:
It's of course ludicrous that all of these tariffs are related to "national security" as Congress meant it in 1962, but that's the veneer of justification that's being applied.
That's just bizarre. I figured it was something that came out of the republican obstructionism of the Obama years. What possible advantage could there be to putting that power in the President's hands rather than congress', especially in 1962?
Hey maybe all this will reduce the Co2 emissions. I'd be interested what the predictions are on the reduction in trade and economic activity, and if that caries over into net reduced consumption.
I like Ben Jennings' take on this.
This might be excessively cynical, but I don't think it's beyond the realm of possibility that he's trying to engineer another economic collapse. Benefits to his Russian backers aside, the one in 2008 allowed the ultra-wealthy to swoop in and massively increase their holdings for pennies on the dollar, while further eroding the wealth and bargaining power of the middle and lower classes.
That sounds a little advanced for his grade level in my opinion. Someone suggesting to him that he should go after China sounds like a thing he would do, but a planned economic collapse sounds a bit much for him.
Yeah it's entirely possible that he's just as stupid as he appears to be and he's doing all of this accidentally. But he is a real-estate mogul that has made comments before on how well he did during past housing market crashes. I wouldn't put this sort of plan past him, it's not rocket science.
That's a good point. Everything else he's done seems to be totally about self-enrichment.
From this article, it seems like he doesn't even understand what tariffs do:
It sounds like he believes that China pays the tariffs, but it's importers that have to pay them.
Exactly. And the thing is, he is just doing it. It's like he's not an adult and doesn't understand how the world works. There are certain things you just go with and certain things you just concede on because it's in the best interest of everyone. It doesn't matter if he feels insulted, slighted, whatever.