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The New Coffee Room

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  3. Canadian Tariff situation gets its own thread

Canadian Tariff situation gets its own thread

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  • L Offline
    L Offline
    LuFins Dad
    wrote on 14 Mar 2025, 11:59 last edited by
    #390

    Trump and the Democrats approach to growing the middle class appears to be by pushing many of the lower upper class down…

    I am still bewildered by this populist notion about protecting the middle class. The reason the middle class is shrinking is because they are moving UP, not down. If you want to grow the middle class, it needs to be by elevating the poor.

    The Brad

    J 1 Reply Last reply 14 Mar 2025, 13:18
    • 8 Offline
      8 Offline
      89th
      wrote on 14 Mar 2025, 12:18 last edited by
      #391

      There you go making sense again!

      1 Reply Last reply
      • L LuFins Dad
        14 Mar 2025, 11:59

        Trump and the Democrats approach to growing the middle class appears to be by pushing many of the lower upper class down…

        I am still bewildered by this populist notion about protecting the middle class. The reason the middle class is shrinking is because they are moving UP, not down. If you want to grow the middle class, it needs to be by elevating the poor.

        J Offline
        J Offline
        Jolly
        wrote on 14 Mar 2025, 13:18 last edited by
        #392

        @LuFins-Dad said in Canadian Tariff situation gets its own thread:

        Trump and the Democrats approach to growing the middle class appears to be by pushing many of the lower upper class down…

        I am still bewildered by this populist notion about protecting the middle class. The reason the middle class is shrinking is because they are moving UP, not down. If you want to grow the middle class, it needs to be by elevating the poor.

        Trump did more to elevate people out of poverty, than any President in decades. A rising tide lifts all boats and expands the middle class.

        But to do that, you have to have jobs, preferably jobs that pay even unskilled, less educated workers or improperly educated workers, middle class wages. Those type jobs are primarily to be found in construction, energy production and manufacturing.

        As I posted above, Trump believes in tariffs and has done so for forty years. He believes cheap energy is a primary driver of economies (note the stance on coal this week). He believes that American shipyards need more work, producing ships made from American steel. He believes that steel should be produced in America, along with other strategic items such as computer chips or cutting edge tech.

        I kind of take that mindset as a whole and try to determine where Trump is going, given his core beliefs and his personality. I don't always agree with what he does, but I try to get a sense of direction.

        “Cry havoc and let slip the DOGE of war!”

        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

        T 1 Reply Last reply 14 Mar 2025, 13:26
        • J Jolly
          14 Mar 2025, 13:18

          @LuFins-Dad said in Canadian Tariff situation gets its own thread:

          Trump and the Democrats approach to growing the middle class appears to be by pushing many of the lower upper class down…

          I am still bewildered by this populist notion about protecting the middle class. The reason the middle class is shrinking is because they are moving UP, not down. If you want to grow the middle class, it needs to be by elevating the poor.

          Trump did more to elevate people out of poverty, than any President in decades. A rising tide lifts all boats and expands the middle class.

          But to do that, you have to have jobs, preferably jobs that pay even unskilled, less educated workers or improperly educated workers, middle class wages. Those type jobs are primarily to be found in construction, energy production and manufacturing.

          As I posted above, Trump believes in tariffs and has done so for forty years. He believes cheap energy is a primary driver of economies (note the stance on coal this week). He believes that American shipyards need more work, producing ships made from American steel. He believes that steel should be produced in America, along with other strategic items such as computer chips or cutting edge tech.

          I kind of take that mindset as a whole and try to determine where Trump is going, given his core beliefs and his personality. I don't always agree with what he does, but I try to get a sense of direction.

          T Offline
          T Offline
          taiwan_girl
          wrote on 14 Mar 2025, 13:26 last edited by
          #393

          @Jolly said in Canadian Tariff situation gets its own thread:

          Trump did more to elevate people out of poverty, than any President in decades

          NOt saying you are wrong, but what data do you use to say that?

          https://fred.stlouisfed.org/series/PPAAUS00000A156NCEN

          1 Reply Last reply
          • J Offline
            J Offline
            Jolly
            wrote on 14 Mar 2025, 13:28 last edited by
            #394

            Increase in real wages.

            “Cry havoc and let slip the DOGE of war!”

            Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

            1 Reply Last reply
            • T Offline
              T Offline
              taiwan_girl
              wrote on 14 Mar 2025, 13:35 last edited by
              #395

              From the graph in the link below, real wages seem to draw pretty straight line that increases starting in about 2014 and continuing to today.

              https://fred.stlouisfed.org/series/LES1252881600Q#

              1 Reply Last reply
              • R Offline
                R Offline
                Renauda
                wrote on 14 Mar 2025, 13:38 last edited by Renauda
                #396

                Hey Beauregard, address the topic of the thread instead of deflecting from the discussion with your usual atavistic and false narratives in praise of your covetous MAGAt Moses.

                What about Trump’s bald face lies and threats against Canada? What about the punitive sanctions?

                Bet you haven’t the balls to engage the subject directly.

                Elbows up!

                1 Reply Last reply
                • 8 Offline
                  8 Offline
                  89th
                  wrote on 14 Mar 2025, 14:08 last edited by
                  #397

                  Yeah regarding poverty and real wages, not sure where that claim comes from @Jolly do you have numbers to back up that claim?

                  Poverty reductions by President:

                  • Clinton: Reduced by 3.8%
                  • Obama: Reduced by 1.6%
                  • Trump: Reduced by 0.8%

                  e26dea55-e778-48e9-8c04-610cb21f3c13-image.png


                  Real-wage grow by President, the green line is the 1st quartile of wage earners:

                  a992d797-095b-42bb-8028-13a51c0cea12-image.png

                  1 Reply Last reply
                  • T taiwan_girl
                    14 Mar 2025, 00:13

                    Anybody here know anybody who has "buyer remorse" from the election?

                    I am guess it is still too early for that to happen. Maybe best to come back to this question end June.

                    H Offline
                    H Offline
                    Horace
                    wrote on 14 Mar 2025, 14:19 last edited by
                    #398

                    @taiwan_girl said in Canadian Tariff situation gets its own thread:

                    Anybody here know anybody who has "buyer remorse" from the election?

                    I am guess it is still too early for that to happen. Maybe best to come back to this question end June.

                    The tariff stuff has to calm down. I don't think very many of his voters were expecting the fifth fastest stock market correction in history. The global market and its efficiencies are sort of a big deal, and America's prosperity depends on it. So does America's piggy bank, the stock market.

                    Education is extremely important.

                    R 1 Reply Last reply 14 Mar 2025, 14:27
                    • H Horace
                      14 Mar 2025, 14:19

                      @taiwan_girl said in Canadian Tariff situation gets its own thread:

                      Anybody here know anybody who has "buyer remorse" from the election?

                      I am guess it is still too early for that to happen. Maybe best to come back to this question end June.

                      The tariff stuff has to calm down. I don't think very many of his voters were expecting the fifth fastest stock market correction in history. The global market and its efficiencies are sort of a big deal, and America's prosperity depends on it. So does America's piggy bank, the stock market.

                      R Offline
                      R Offline
                      Renauda
                      wrote on 14 Mar 2025, 14:27 last edited by Renauda
                      #399

                      @Horace

                      The global market and its efficiencies are sort of a big deal, and America's prosperity depends on it. So does America's piggy bank, the stock market.

                      I agree.

                      I know I’ve said before but….

                      You cannot fool the market. In fact you cannot fool the market any more than you can fool the law of gravity. Any politician(s) in past who thought they could, failed. Sometimes with catastrophic consequences. This time round won’t be any different.

                      Elbows up!

                      1 Reply Last reply
                      • T taiwan_girl
                        14 Mar 2025, 00:13

                        Anybody here know anybody who has "buyer remorse" from the election?

                        I am guess it is still too early for that to happen. Maybe best to come back to this question end June.

                        C Offline
                        C Offline
                        Copper
                        wrote on 14 Mar 2025, 15:48 last edited by
                        #400

                        @taiwan_girl said in Canadian Tariff situation gets its own thread:

                        Anybody here know anybody who has "buyer remorse" from the election?

                        Pretty much all the democrats, they really blew a great opportunity.

                        1 Reply Last reply
                        • R Offline
                          R Offline
                          Renauda
                          wrote on 15 Mar 2025, 21:49 last edited by Renauda
                          #401

                          Clearer idea about the tariffs, maybe……

                          https://www.cbc.ca/news/politics/trump-global-tariffs-canada-1.7484790

                          Elbows up!

                          1 Reply Last reply
                          • A Away
                            A Away
                            Axtremus
                            wrote on 16 Mar 2025, 00:12 last edited by
                            #402

                            So ... will Ontario re-impose that 25% surcharge on electricity exported into the USA?

                            1 Reply Last reply
                            • R Offline
                              R Offline
                              Renauda
                              wrote on 16 Mar 2025, 00:29 last edited by Renauda
                              #403

                              Maybe. Quebec might even open their breakers too.

                              Nothing is off the table.

                              Elbows up!

                              1 Reply Last reply
                              • L Offline
                                L Offline
                                LuFins Dad
                                wrote on 16 Mar 2025, 19:57 last edited by
                                #404

                                Billboard Chris has an interesting proposal. Why don’t we just buy Canada? Offer every living Canadian resident $100K if they vote to become part of the US… That would be about $4 Trillion… A lot of money, but think of the resources!

                                The Brad

                                H 1 Reply Last reply 16 Mar 2025, 20:08
                                • L Offline
                                  L Offline
                                  LuFins Dad
                                  wrote on 16 Mar 2025, 19:59 last edited by
                                  #405

                                  And yes, I know it doesn’t work that way… Just found it amusing…

                                  The Brad

                                  R 1 Reply Last reply 16 Mar 2025, 20:40
                                  • L LuFins Dad
                                    16 Mar 2025, 19:57

                                    Billboard Chris has an interesting proposal. Why don’t we just buy Canada? Offer every living Canadian resident $100K if they vote to become part of the US… That would be about $4 Trillion… A lot of money, but think of the resources!

                                    H Offline
                                    H Offline
                                    Horace
                                    wrote on 16 Mar 2025, 20:08 last edited by Horace
                                    #406

                                    @LuFins-Dad said in Canadian Tariff situation gets its own thread:

                                    Billboard Chris has an interesting proposal. Why don’t we just buy Canada? Offer every living Canadian resident $100K if they vote to become part of the US… That would be about $4 Trillion… A lot of money, but think of the resources!

                                    You'd only need to buy 51% of the votes. Maybe only pay the women to vote for it. That way, opposition to the plan would be misogynistic.

                                    Education is extremely important.

                                    L A 2 Replies Last reply 16 Mar 2025, 20:45
                                    • L LuFins Dad
                                      16 Mar 2025, 19:59

                                      And yes, I know it doesn’t work that way… Just found it amusing…

                                      R Offline
                                      R Offline
                                      Renauda
                                      wrote on 16 Mar 2025, 20:40 last edited by Renauda
                                      #407

                                      @LuFins-Dad said in Canadian Tariff situation gets its own thread:

                                      And yes, I know it doesn’t work that way… Just found it amusing…

                                      We however, are not amused.

                                      Not in the least.

                                      Elbows up!

                                      1 Reply Last reply
                                      • H Horace
                                        16 Mar 2025, 20:08

                                        @LuFins-Dad said in Canadian Tariff situation gets its own thread:

                                        Billboard Chris has an interesting proposal. Why don’t we just buy Canada? Offer every living Canadian resident $100K if they vote to become part of the US… That would be about $4 Trillion… A lot of money, but think of the resources!

                                        You'd only need to buy 51% of the votes. Maybe only pay the women to vote for it. That way, opposition to the plan would be misogynistic.

                                        L Offline
                                        L Offline
                                        LuFins Dad
                                        wrote on 16 Mar 2025, 20:45 last edited by
                                        #408

                                        @Horace said in Canadian Tariff situation gets its own thread:

                                        @LuFins-Dad said in Canadian Tariff situation gets its own thread:

                                        Billboard Chris has an interesting proposal. Why don’t we just buy Canada? Offer every living Canadian resident $100K if they vote to become part of the US… That would be about $4 Trillion… A lot of money, but think of the resources!

                                        You'd only need to buy 51% of the votes. Maybe only pay the women to vote for it. That way, opposition to the plan would be misogynistic.

                                        Well, technically only 50% of the population is registered to vote, so you really only need like 26% of the population, which brings the cost down to $1 Trillion. But to assure you win the vote, you really need to go every man woman and child’s. I might say no if I am getting $100K, but $400K for my family?

                                        The Brad

                                        1 Reply Last reply
                                        • R Offline
                                          R Offline
                                          Renauda
                                          wrote on 16 Mar 2025, 20:51 last edited by
                                          #409

                                          Never.

                                          Elbows up!

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