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- Manlobbi
Halls of Shrewd'm / US Policy
No. of Recommendations: 13
...to the convicted felon's economic policies, writing that Trump's plans would reignite inflation and cause lasting harm to the global economy. President Biden’s economic agenda is “vastly superior” to Trump’s, the Nobel laureates explained in a letter.
Yeah, yeah, I know... the Trump cult lives in a post-expert, fact-free world where expertise is shunned in favor of a fly-by-the-seat-of-his-pants huckster's gut feelings.
A second Trump term would “have a negative impact on the U.S.’s economic standing in the world, and a destabilizing effect on the U.S.’s domestic economy,” and his “fiscally irresponsible budgets” would reignite inflation that has “come down remarkably fast” in recent weeks, they warned.Gee, whodathunk that extending tax cuts and introducing higher tariffs, including 10% on all imports and between 60% and 100% for products from China and Mexico, could be inflationary?
I mean, besides these 16 Nobel Prize winning economists.
https://www.huffpost.com/entry/nobel-economists-do...
No. of Recommendations: 2
Yeah, his tax cuts need to end.
But we need (as a matter of international policy) to ween ourselves off of China. We fueled their military build-up with our insatiable thirst for cheap plastic crap from Walmart. Now they are powerful enough to cause problems. We need to shut off that faucet. Escalating tariffs, or actual prohibitions. Yes, that will drive prices of some things up. IMHO, we should phase-in a policy that if any component of a product was made in China, it is not eligible for import.
The stakes are a lot bigger than than the 59 cent doo-dad for you kitchen.
As an anecdote, we are already starting to do that in our household. 1poorlady is Asian. We go to the Asian grocery. We avoid anything made in China. Though that is less a matter of China's economy, and more a matter of Chinese products often are not produced in a healthy way. We'll buy Korean or Japanese noodles, not Chinese. We keep reading articles about how foodstuffs from China are not good. So we get the Korean noodles, even if they cost 25% more.
No. of Recommendations: 1
We go to the Asian grocery. We avoid anything made in China.
Just a sec, there!!! Keep your hands off my Kung Pao chicken!
Although, on reflection, the only problematic ingredient might be the Shaoxing wine.
--Peter
No. of Recommendations: 1
They also do Kung Pao in Taiwan. You should be able to get any unique ingredients made in Taiwan.
We don't get Chinese soy sauce, fish sauce, or anything else. Their processes are -in some cases- not good. (Remember how they poisoned dozens of American dogs several years ago?) Poor quality controls, questionable ingredients and processes. Buy Korean or Japanese or even Taiwanese noodles, rice wine vinegar, chili sauce, fish sauce...it's readily available in an Asian grocery.
No. of Recommendations: 1
...to the convicted felon's economic policies, writing that Trump's plans would reignite inflation and cause lasting harm to the global economy. President Biden’s economic agenda is “vastly superior” to Trump’s, the Nobel laureates explained in a letter. - CO
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Reminds me of the 51 Intelligence experts assuring us Hunters laptop was Russian disinformation. Amazing they could all come to this conclusion despite NONE of the having access or opportunity to inspect the laptop. They were told what their opinion was, "sign here"
No. of Recommendations: 10
Reminds me of the 51 Intelligence experts assuring us Hunters laptop was Russian disinformation.
No. It's nothing at all like that.
The intelligence experts could not examine the laptop. Then again, that's the job of a forensic computer scientist, not an intelligence expert.
Economic policies of both candidates are out there and available for people to analyze and opine on. All of the information is publicly available.
--Peter
No. of Recommendations: 2
"....Reminds me of the 51 Intelligence experts assuring us
Absolutely irrelevant.
Your post reminds me of the need to pick up some avocados so they'll be ready to guacamole on the 4th ...