The 'Stock Market' is not the moral compass of the U.S.

Nor is it the leader of the U.S..

Yes, we Trump supporters have cited the Stock Market numbers as a plus since President Trump took office. So let's kill that rebuttal at the onset.

Did anyone really expect major changes to be easy? I didn't. Toes will get stepped on no matter what changes occur or don't occur, for that matter. Big Business has been well buffered prior to these tariffs with massive tax breaks and regulatory cancellations. They are in no position to now complain if their bottom lines take a hit, from what I can see.

Then there's the individual complainers that their 401Ks are also taking a hit. Well let's look at how they've done since Trump has taken office. Fantastically well, I reckon.

Your turn to take a hit, as well. The rest of us will take some inflationary hits right alone with you.

Individual CEOs complaining also know their competitors suffer the same issues and all will pass along the costs to the end users of their services and build in their profit margins as well. Even more self-serving whining.

As the tariffs are world-wide in scope and not only directed to China, positive results are already occurring. South Korea, a major steel exporter is reducing their exports to the U.S. by a thied and has doubled the number of U.S. car allowed to be imported into SK.

That is an improvement, yet to get a picture of the imbalance in that example, SK has restrictions on importing U.S. cars to protect their auto industries. Are there any restrictions on importation of Kias or Hyundais into the U.S.? Nope.

The naysayers scream 'tariffs violate free trade'. Yet, it's the rest of the world that has far more restrictions, tariffs and quotas than we do.

It needs to be fixed. It will cause pain in the short term. We will be better for it in the end. So far, the market has held up rather well. The media, including Youtube and Facebook have kicked up the fear campaign. Why? Because it's working.

Yes, I'm willing to pay higher prices, if necessary. That's my price to pay. For my family, children and grandchildren's future.

To those that bitch, I say start thinking beyond personal gain and convenience. Think about the nation, overall, for a change.

Try it, you'll like it.....

Sadly much of America has lost this Compass in favor if instant gratification and consumerism. Patience is not one of our strong points. And yes it will take time. The alternative....

I'm confused. Personal gain and protection is what got Trump elected. So now you want to just give that up because Trump can't do it and the individual has to now?

a reply to: nwtrucker

That is an improvement, yet to get a picture of the imbalance in that example, SK has restrictions on importing U.S. cars to protect their auto industries. Are there any restrictions on importation of Kias or Hyundais into the U.S.? Nope.

There are import tariffs on automobiles. It's 2.5% for cars and it's a whopping 25% for light trucks/SUVs. I wonder if this helps to explain why the big three are pushing SUVs which would also fit nicely with the EPA rolling back mileage standards.

SK's import tariff on US autos was 8% but they dropped it to 4% (in 2010) and it really didn't make US cars any more attractive to SK consumers. They also allow up to 25,000 cars per US automaker to be imported with US safety standards which are lower than SK's. Despite this, no US automaker has ever met the quota. In general, it really just doesn't seem like South Koreans want our cars. They're too expensive (they'd still be probably 2.5x as much as comparable SK cars with no tariffs), they're not as fuel efficient or safe and they don't have the appeal of say German brands to justify overlooking all this.

The price of steel is on one of many trade issues going on. We have more steel, then lets start building more steel things. the whole fed thing stared in the 1910's kinda era, one currency to rule them all. Sounded like things kinda sucked when each bank had its own currency and shut down before hand.

But yeah things still kinda still suck, computers and automation taking over so many jobs, what is left for the main stream does not add up buy a house and a car. Ra ra ra.

Whatever.

originally posted by: intrepid
I'm confused. Personal gain and protection is what got Trump elected. So now you want to just give that up because Trump can't do it and the individual has to now?

Of course you're confused.

Protection on a national level. Personal gain via national strength. A concept foreign, I suspect, up north.

Trump is doing it. (Stop reading Canadian media)

I's the 'individuals' that elected him, not the good old boy network. That base is as strong or stronger than ever. It is working and with less backlash than I expected....at least so far, that is.

The OP is intended to point out there are and will be vested interest that couldn't care less about the nation beyond personal gain. To view 'survival' beyond a personal level and immediate returns.

It's a rather simple concept. If your still confused, I suppose there's no help for it....

originally posted by: theantediluvian
a reply to: nwtrucker

That is an improvement, yet to get a picture of the imbalance in that example, SK has restrictions on importing U.S. cars to protect their auto industries. Are there any restrictions on importation of Kias or Hyundais into the U.S.? Nope.

There are import tariffs on automobiles. It's 2.5% for cars and it's a whopping 25% for light trucks/SUVs. I wonder if this helps to explain why the big three are pushing SUVs which would also fit nicely with the EPA rolling back mileage standards.

SK's import tariff on US autos was 8% but they dropped it to 4% and it really didn't make US cars any more attractive to SK consumers.

The source I read-may have misread it- the 'quota' for imports had doubled. That implied import restrictions. I knew about the token tariff and that also didn't slow down the imports.

It is one step and perhaps down the road that 2.5% is increased....or removed depending on negotiations. Thanks for the numbers though.

a reply to: nwtrucker

I get most of my propaganda news here. You can continue to try to smear though.

The stock market is a place to gamble, giving a person a high when the market rises and causing society fear when it goes down since so many people have their IRAs and money invested in it. Do not invest more in the stock market than you can afford to lose. It is a Casino which utilizes people's beliefs to increase in value.

Having some money in the stock market is not bad, but too many people consider their investments security and are far in debt and a crash can cause them a lot of stress and also they can lose everything.

The market is only a marker of belief, it is not real. If people believe that Trump is going to fix something, the stock market will go up. But Industry needs to come back here or what trump attempts will do nothing to correct the problem.

a reply to: nwtrucker

Yes, I'm willing to pay higher prices, if necessary. That's my price to pay. For my family, children and grandchildren's future.

How generous of you. Meanwhile the mega-corporations who are already making multi-billion dollar profits get massive and permanent tax breaks. I guess we, the ones who are struggling compared to them, have to take the burden of higher prices while they get to live high on the hog. That's the consequence of letting the rich dictate our laws though, they always get what they want.

a reply to: nwtrucker

To those that bitch, I say start thinking beyond personal gain and convenience. Think about the nation, overall, for a change.

Until you get the Corporate Oligarchy to go along with you and think about the nation instead of profit...I'm gonna bitch. believe me.

We all know what's going to happen. The corporations will just raise prices, runaway inflation for the middle class.

I'm out of the market....just a matter of time until the big one. I'm not turning my back on the nation; the nation turned it's back on me.

originally posted by: intrepid
a reply to: nwtrucker

I get most of my propaganda news here. You can continue to try to smear though.

It's what you do. It's called karma.

originally posted by: olaru12
a reply to: nwtrucker

To those that bitch, I say start thinking beyond personal gain and convenience. Think about the nation, overall, for a change.

Until you get the Corporate Oligarchy to go along with you and think about the nation instead of profit...I'm gonna bitch. believe me.

Actually, if the Corporate Oligarchy went along with it fully, I'd be worried. I put those people aside for the nation. I expect no less from you.

They've been given their crumbs, tax breaks, regulatory breaks, enough to see with their myopic views improving bottom lines. For now, they way i see it, is they receive a mulligan and are put on the back-burner until such a time as they can be addressed more effectively. In a sense, they are needed, both with financial development in rebuilding our industry and infrastructure and job creation...to make even more money.

One step at a time, JMO, though.

originally posted by: 3NL1GHT3N3D1
a reply to: nwtrucker

Yes, I'm willing to pay higher prices, if necessary. That's my price to pay. For my family, children and grandchildren's future.

How generous of you. Meanwhile the mega-corporations who are already making multi-billion dollar profits get massive and permanent tax breaks. I guess we, the ones who are struggling compared to them, have to take the burden of higher prices while they get to live high on the hog. That's the consequence of letting the rich dictate our laws though, they always get what they want.

Envy doesn't become you... I made my bed, you made yours. If they can be utilized in rebuilding, then so be it. Last time I checked, the rich do well no matter what system is in play. If that's the case, then let them flourish with a better economy, with more jobs, etc. than flourish as the U.S. continues going down the economic crapper. An easy choice from what I can see.

a reply to: nwtrucker

In a sense, they are needed, both with financial development in rebuilding our industry and infrastructure and job creation...to make even more money.

Your naive view of the corporate structure is charming. The corporate, banking oligarchy isn't national, it's world wide, profit motivated and to think it's gonna change is goofy.

Even Ivanka still has her products manufactured in China. The trumps don't even care about American jobs or infrastructure.

www.cnbc.com...

Even the donald dosen't care about MAGA...it's just pandering to folks like you. Look where his products are manufactured.

www.alternet.org...

and you want us to quit bitching...not ***kin likely!!

originally posted by: 3NL1GHT3N3D1
a reply to: nwtrucker

Yes, I'm willing to pay higher prices, if necessary. That's my price to pay. For my family, children and grandchildren's future.

How generous of you. Meanwhile the mega-corporations who are already making multi-billion dollar profits get massive and permanent tax breaks. I guess we, the ones who are struggling compared to them, have to take the burden of higher prices while they get to live high on the hog. That's the consequence of letting the rich dictate our laws though, they always get what they want.

a reply to: intrepid

No. People are willing to make sacrifices for perceived improvement. Hillary offered none of that. I mean, she wouldn't even face them when campaigning. All dems actually offered anyone were SJW slogans and the selling off of more jobs because, as Obama said, those jobs are just gone now so deal with it. Well, they're not actually gone, they're just somewhere else.

originally posted by: olaru12
a reply to: nwtrucker

In a sense, they are needed, both with financial development in rebuilding our industry and infrastructure and job creation...to make even more money.

Your naive view of the corporate structure is charming. The corporate, banking oligarchy isn't national, it's world wide, profit motivated and to think it's gonna change is goofy.

Even Ivanka still has her products manufactured in China. The trumps don't even care about American jobs or infrastructure.

www.cnbc.com...

Even the donald dosen't care about MAGA...it's just pandering to folks like you. Look where his products are manufactured.

www.alternet.org...

and you want us to quit bitching...not ***kin likely!!

Nothing naive about my view. At no point did I suggest they would change. I said 'addressed'. Not much to be done about them at this juncture anyways. So make a little use of them in the interim.

Then again, you know what I said. You fall back on your diatribe. I expect no less.