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View Full Version : inciting tariffs is going great



L.W. Baxter
11-10-2018, 11:39 AM
Crops to be thrown away. (https://www.msn.com/en-us/money/markets/glut-of-cranberries-in-wisconsin-means-25percent-of-crop-could-be-discarded/ar-BBPwpfA?li=BBnbfcL)

Embargoes, tariffs as high as 40%. So much losing for the world's most productive large economy.

When the Soviets embargoed grain from the U.S. over Carter's ideological war, a young L.W. saw a mountain of corn on his front lawn turn to steamy mush. He was homeless a year later.

Doesn't matter if Carter was right on a moral level to boycott Olympics etc. over the Afghanistan invasion. Being "right" and a buck fifty gets you a cup of coffee. When economies are tied together, the damage of boycotts, embargoes, and punitive tariffs is truly akin to war, in the suffering of citizens on both sides.

Doesn't matter if China has been unfairly gaming international markets for generations, or if Canada has had a small advantage in tariffs, if in punishing them you punish yourself.

The way forward is hard work, to prepare, plan, and cultivate. Reacting out of righteousness, fear, and nativism is easy, because it's unilateral. Easy, and counterproductive for the same reason. Every. Single. Time.

SKIP KILPATRICK
11-10-2018, 11:59 AM
Trade wars are easy to win!

Paul Pless
11-10-2018, 12:05 PM
Crops to be thrown away. (https://www.msn.com/en-us/money/markets/glut-of-cranberries-in-wisconsin-means-25percent-of-crop-could-be-discarded/ar-BBPwpfA?li=BBnbfcL)i don't believe this
tlt assured me earlier this spring right here on this very forum no one would ever just discard their crops due to tariffs

L.W. Baxter
11-10-2018, 12:14 PM
i don't believe this
tlt assured me earlier this spring right here on this very forum no one would ever just discard their crops due to tariffs

At least this time, in the case of cranberries, it's being done in an organized way, distributing the pain more or less equitably. Managed for the common good, in other words. It's practically socialist. Odd, such a cooperative response to a crisis instigated in part by a policy of non-cooperation.

I have seen with my own eyes when it has been done because storage space was simply exhausted. And then the bankrupcies began...

John Smith
11-10-2018, 12:41 PM
I still wonder what happens if/when we are the target of sanctions or embargoes.