Who's happy, content, & brain dead: Trump Loyalists —
No
One Else
Straight shooting Trump, right? Duck!!! What Duck???
Now this update: GOPers and now Trump are angry
(24/7) that Mr. Obama bailed out American car makers (that Geo. W. Bush
initiated).
GOPers keep blaming Obama for the 2007-2007 near total economic
meltdown. That is
false – policy at the very critical time was all under Bush, yet Obama still
gets blamed. And, now this update on Trump’s farm bailout.
Trump gets a
pass on his harsh trade/tariff policy impacting many Americans including farmers
who export a lot of food ... yet offers a $12 billion bailout payment plan to offset
the pain of his tariff policy.
So, what
word comes to mind to describe this disconnect.
Well, how
about GOP: H Y P O C R I C Y
Details for
this update can be seen here >>>
General
Background Statement: Tariffs are a tax imposed by a government on goods and
services imported.
Tariffs increase
the price of the goods imported and thus make them less desirable to buy, and
less competitive vis-à-vis domestic produced goods and products.
Because of
this, domestic producers are not forced to reduce their prices from increased
competition, and domestic consumers are left paying higher prices as a result.
That in turn decreases pressure on domestic producers to lower their prices.
So,
in two ways consumers lose because prices are higher and they
lose as domestic producers gain by the imposed tariff. Tariffs are
used to restrict trade, as they increase the price of imported goods and
services, making them more expensive to consumers.
They are one of several
tools available to shape trade policy.
The U.S. Customs and Border
Protection (CBP) is the Federal agency, part DHS that is charged with
regulating and facilitating international trade, collecting customs (import duties
or tariffs approved by Congress), and then to enforce trade
regulations.
Related Recent Top Stories:
American
farmers say Trump's $12-billion China-tariff bailout is not enough and may
affect their mid-term votes
Plus this historical snap of trade tariffs from a man who know economics, Nobel Prize
winner Paul Krugman, in this fine article in the NY TIMES.
Other stories related to the impact of this “T-4 Policy: Trump’s Terrible
Trade Tariffs”
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