Trump's top economic advisor Gary Cohn quits.

Discussion in 'Politics, Religion, Social Issues' started by juanm, Mar 6, 2018.

  1. juanm macrumors 68000

    juanm

    Joined:
    May 1, 2006
    Location:
    Fury 161
    #1
    So you're telling me a reality show star shouldn't make impromptu decisions regarding tariffs via Twitter?

    How can anyone defend this administration is beyond me.
     
  2. BoxerGT2.5 macrumors 68000

    BoxerGT2.5

    Joined:
    Jun 4, 2008
    #2
    Ya know if congress passes Mike Lee's bill that was introduced in Jan 2017 with unanimous veto proof consent this Tariff thing won't even be a thing.
     
  3. samcraig macrumors P6

    Joined:
    Jun 22, 2009
    Location:
    USA
  4. Thomas Veil macrumors 68020

    Thomas Veil

    Joined:
    Feb 14, 2004
    Location:
    OBJECTIVE reality
    #4
    How can you blame Cohn? It's going to be harder and harder for Trump to find replacements.

    Who would work for that guy when he's continually contradicting them, ignoring their advice, changing his mind, and in general being impossible to reason with?
     
  5. mudslag macrumors regular

    mudslag

    Joined:
    Oct 18, 2010
    #5
    I bet we'll see a reality show staring all ex-Trump WH employees in the future. Grand prize should be a new identity and a million dollars to help them disappear.
     
  6. juanm thread starter macrumors 68000

    juanm

    Joined:
    May 1, 2006
    Location:
    Fury 161
    #6
    In his defense, his job (major tax breaks to large companies) was done.
     
  7. Peace macrumors Core

    Peace

    Joined:
    Apr 1, 2005
    Location:
    Space--The ONLY Frontier
    #7

    I thought about that till my head almost exploded then it came to me.

    He hires people from the business world. They come on board..Make tons of money then leave.

    I think you will see this type of corruption continue until people wake up.
     
  8. Zombie Acorn macrumors 65816

    Zombie Acorn

    Joined:
    Feb 2, 2009
    Location:
    Toronto, Ontario
    #8
    Campaigned on stopping countries taking advantage and putting the industry workers back to work. This isn't a surprise. He ran on protectionist measures.
     
  9. 0007776 Suspended

    0007776

    Joined:
    Jul 11, 2006
    Location:
    Somewhere
    #9
    And it will end up costing thousands of US jobs.
     
  10. Peace macrumors Core

    Peace

    Joined:
    Apr 1, 2005
    Location:
    Space--The ONLY Frontier
    #10
    Then why was he hired ?
     
  11. Zombie Acorn macrumors 65816

    Zombie Acorn

    Joined:
    Feb 2, 2009
    Location:
    Toronto, Ontario
    #11
    Yeh and the economy is going to crash on inauguration day as well.

    Letting China dominate the steel industry and put Americans out of work is a national security concern. The US can't call China out directly though.
    --- Post Merged, Mar 6, 2018 ---
    Taxes?
     
  12. Thomas Veil macrumors 68020

    Thomas Veil

    Joined:
    Feb 14, 2004
    Location:
    OBJECTIVE reality
    #12
  13. 0007776 Suspended

    0007776

    Joined:
    Jul 11, 2006
    Location:
    Somewhere
    #13
    Except these tarriffs would be going after Canada not China.
     
  14. SusanK macrumors 68000

    Joined:
    Oct 9, 2012
    #14
    Don't forget the added sign on bonus of incurring legal defense fees for the "which hunt".
    --- Post Merged, Mar 6, 2018 ---

    Four percent of our imported steel is from China.
     
  15. mac_in_tosh macrumors 6502

    mac_in_tosh

    Joined:
    Nov 6, 2016
    Location:
    Earth
    #15
    Maybe I missed it, but is Trump talking about putting tariffs on imported suits and ties?
     
  16. RichardMZhlubb Contributor

    RichardMZhlubb

    Joined:
    Nov 26, 2010
    Location:
    Washington, DC
    #16
    As others have already noted, China produces a fairly small percentage of the steel imported into the US. But, more importantly, the vast majority of lost American steel jobs were a result of automation, not foreign steel production. The US produces about 70% of the steel it produced 50 years ago. But, it does so with only about 10% of the workforce. Even if we were still producing and selling the same amount of steel we were in 1968, we would still see the loss of 80% or more of steel jobs.

    Source

    And yet, at the same time we have Trump starting a trade war over an issue that was lost decades ago, we have top Trump officials saying that the effect of automation on jobs is not something we need to worry about. It’s beyond idiotic.
     
  17. AlliFlowers Contributor

    AlliFlowers

    Joined:
    Jan 1, 2011
    Location:
    L.A. (Lower Alabama)
    #17
    This is rather the same thing he did with coal and coal jobs.
     
  18. BoxerGT2.5 macrumors 68000

    BoxerGT2.5

    Joined:
    Jun 4, 2008
    #18
    A good portion of them are stupid, another portion wanted lower taxes, another portion the balance of the SCOTUS was the golden ticket.
     
  19. ericgtr12 macrumors 65816

    ericgtr12

    Joined:
    Mar 19, 2015
    #19
    Not to mention it will jack the prices of every industry that relies on steel and aluminum so it's passed on to the consumer. Trump feels it's more important to "stick it to" other countries than he does saving the average American money.
     
  20. Huntn macrumors P6

    Huntn

    Joined:
    May 5, 2008
    Location:
    The Misty Mountains
    #20
    An historic case of National Dementia... :(
     
  21. BoxerGT2.5 macrumors 68000

    BoxerGT2.5

    Joined:
    Jun 4, 2008
    #21
    You understand that Bush tried tariffs and it ended up costing the US 200K jobs and didn't do jack ****. China is like 10 or 11 on the list of countries we import steel from, they're not even the number 1 Asian country. You then have to contend with the fact that other countries will impose tariffs on American goods in their countries, in turn hurting our exports, which in turn hurts businesses on our soil. It's **** like this is why I think we should raise the voting age to 21 and there should be a basic general knowledge exam required in order to vote. Stupid people who's understanding of economics is "he'll just make companies bring us our jobs back" should not be voting in 2018. Stay home, on both sides.
     
  22. Huntn macrumors P6

    Huntn

    Joined:
    May 5, 2008
    Location:
    The Misty Mountains
    #22
    The turmoil in the Trump Administration is a combination of crooks trying to make it (crookedness) work, partisans trying to be successful, ie prevailing/surviving in a political environment while the foundation quakes beneath them, hostile foreign agents making inroads creating havoc, and people who may actually be trying to save the country from His Awefulness, but end up bailing for self survival. Identifying one common overriding factor, undeniably confirmed as the source of the malfeasance:

    D49B5EC0-6429-4C19-B8A6-2F30ED9038AD.jpeg
    While Vlad enjoys the show:

    81A7B347-DF3B-4527-82E3-BC8C06B1505D.jpeg
     
  23. Huntn macrumors P6

    Huntn

    Joined:
    May 5, 2008
    Location:
    The Misty Mountains
    #24
  24. Solomani macrumors 68040

    Solomani

    Joined:
    Sep 25, 2012
    Location:
    Alberto, Canado
    #25
    Another one bites the dust! And another one down, another one down….


    --- Post Merged, Mar 7, 2018 ---
    But hey…. maybe these protectionist policies will at least earn Donnie an unlikely ally: protectionist blue-collar labor unionist socialists like Bernie Sanders. :p
     

Share This Page

32 March 6, 2018