American Political News in relation to Poland

It is not 800 bn owed by the US people to other countries. It is the sum of milliions if small transactions by private businesses.

So can Dunkin Donuts import coffee from Brazil for one dollar and sell it in Chicago for two dollars ? Yes. Can they do it for ever ? Yes. Can you grow coffee in the US ? No

Yeah just at higher cost providing a great arbitrage opportunity for people in the 3rd country. When the eu sanctioned Russia they just sent all the products to Belarus. And when Belarus reported suddenly having a double to triple digit increase in Apple, cheese, etc imports/exports or domestic production no one batted and eye rofl.. and there was no shortage of fancy French and Italian cheeses in Moscow supermarkets, neither did the prices change much. Even Russian consumers were surprised.

It's the same with north Korea. Obviously the custom s600 pullman limos the party functionaries ride in werent imported directly from daimler into nk but probably China or Malaysia, maybe Macau or Russia... Who knows?

But sanctions make it tougher for the average person. Farmers can't get fertilizers, there's fuel shortages/power outages, long ques for household items, lack of medicine, bans on dual purpose items so its hard to get construction machinery and materials.. potentially hyperinflation... that tends to create a black market almost immediately... And a big division in society which can become violent as some blame a foreign enemy, some blame their government with propaganda and provacateurs fueling both sides, just as is happening in Venezuela and now Iran right now

The iranians habe lived with sanctions for decades and theyll cope with whatever new sanctions trump throws. It won't change much in terms of the goods they get as partners like China, Russia, Pakistan, India etc will still trade with them. But the global markets will freak even more and their currency will plummet even more. So they'll be able to get all the same stuff, but with the exception of those who are paid in dollars or

@Rich Mazur

Well technically a trade deficit can run forever as while keeping gdp growth positive. But obviously having an enormous trade deficit is not a good thing. The reason why our economy maintains a positive gdp is mainly due to high consumption (consumer spending) on domestic goods and services. That part of the economy has grown tremendously under Trump and if we increased exports, decreased imports, and spent government money wisely even more we could even reach 5% perhaps even 6% gdp.

Actually YES, Hawaii, Louisiana, California and the territory of Puerto Rico.
Just saying...........

You are confusing debt ("owed") with deficit (spending more than earning). Trade deficit of 800b means that this much money left the US regardless who was involved in the transactions. It will come back to buy other things than products, like real estate or US corporations, for example. That cannot continue forever (it's unsustainable) because we have only so much real estate and so many businesses to sell.

GDP is another matter. Consumption destroys wealth. Crude example: an apple is worth a buck. After I eat it, it's worth zero. Same with cars. It just takes longer. There only three ways to create wealth: agriculture, manufacturing and mining. So called service industry (which is not industry at all) doe not create wealth. It only moves it around. This why every sane country protects its manufacturing base. Only in the US, the moronic idea of sending its factories abroad is considered sophisticated and smart because its "cheaper". It's not when we account for all the costs involved.

When you buy my product which is perishable (only gold is not) you are poorer by the amount you spend to get it. I am richer by the same amount because money is not perishable (inflation aside). We can continue this until you will run out of money. End of the story.

Trade deficit only looks complex. It's actually a very simple concept. A family that spends more than it earns will eventually take second mortgage to sustain their consumption like eating out and buying perishable things like TV's. When that money runs out, they have only one option: stop consuming or declare bankruptcy. Often, it's both.

Please, don't tell me that cars and TV's are not perishable. They are.

Na ja...after you ate the apple he is gone, for sure.

BUT...this apple you just ate earned the bred of the table of masses of people..the farmer, the driver and the transporter company, and all the jobs in the super market. Not to forget the state which earns taxes with evey sold apple too (at least in Germany). Taxes which in the best case go right back into the infra structure of said state.

Consumption is a really huge driver of wealth! And it guarantees stability for these people too...if you keep buying and eating apples that is! :)

I knew that some of these non perishables like coffee would be taking a hit as did Walmart.
Thy bought a train load of coffee for example and will make a killing by raising the price on what thy have already purchased.
I bought two dozen cans of coffee two weeks ago (1and 1/2 pounds per can) and stashed them in my pantry.
I just got back from Walmart and the Commies raised the price from $4.49 a can to $7.49 per can in one day.
I save $72 on 24 cans........Walmart just made 3 million for coffee they had already bought PLUS what the had in their warehouses and on their shelves already purchased at the lower price.

Trump just made Walmart $5 million on just that ONE product.
I love this guy more and more every day.
Even the Trump haters love him, they just hate his personality. :-)

Are you related to the owners?

Trump is good for rich people...everybody knows that...less costs/taxes = higher earnings.

But why are YOU happy about that?

That does not change the fact that consumption itself turns wealth in form of a usable product into a pile of worthless something else. To acquire what we consume, we have to part with wealth. It's not my invention that countries run by sane people, just as families and corporations, try to lower the internal consumption and imports and increase the investments and exports. You will not find one where those would be in reverse.

That's Germany in a nutshell!

You don't know how much grief the world gives us for that!!! We should spend more, sell less...all these surpluses are bad for everybody but the mean Germans, you know the drill.

It kept those millions of dollars (which would have add up to billions on many imports) in the U.S.A. instead of waiting until the exporters of those products from other countries raised their prices on said products.

I just saved $72 and Walmart just made millions that just stayed in the U.S.


Which is great because those rich people employ poor people.
Have you ever had a poor person offer you a sustainable wage ?

It's not only the ultra rich that are benefiting from Trump. Small businesses down to factory workers are all seeing tax reductions. Our construction business is an s corp and the salaries we pay our ourselves both had a tax decrease. This allows me to go on vacation more often, go to the casino more and purchase a nicer car as i have more disposable income - all these activities contribute to the economy. Now multiply that amongst millions of businesses and hundreds of millions of taxpayers. A person who makes even just $400 a week and sees an extra $40 on their paycheck is huge - thats over 2k extra they otherwise wouldn't have ehich they will in turn spend back into the economy in one way or other.

Also germany and rest of eu charges something like 25% tariff on US cars while we charge next to nothing for their imports. That has to change - either have the exact same tariffs or none at all. And finally we have a president who understands something that ought to be common sense, economics 101 for any world leader but Obama and all the clowns before him didn't habe the balls or will to do anything about it, or they were paid off to look the other way. Not Trump though. Man I hope he wins in 2020.and rewrites the constitution to be president for life and designated the democrats a terrorist organization. That would be awesome!

The best recipe for the next civil war....

PS: I read they want to scratch Trumps star from the Walk of Fame...any news about that?

#MakeHollywoodGreatAgain...MHGA? :)

It never was , was it?, load of bullshit films twisting historical facts, anyway it's in California enough said , I have a close friend who moved there and married a b or c class actress , reading his Facebook page he has become a real knob, he used to be quite normal, is it the water ?

The most shocking thing about it is not that the EU imposed this tariff. It's that the s***heads in Congress and the WH didn't scream bloody murder when it was imposed and hit right back before the sundown.

THAT was treason and the guilty ones should have been executed after a brief trial. Just as they do such things in China - #3 on my list of the most admired places on earth.

Just stop buying stuff and the problem will go away. Simples.


The tariffs even out. The EU charges more on car imports from the US, while the US puts higher tariffs on trucks from Europe.


Most jobs are generated by small business owners, not by corporate fat cats.

Sources please.
I always thought that the government was the biggest employer in America who buys from the corporate fat cats, not small businesses.

Here are two:
smallbusiness.com/about-small-businesses/how-many-jobs-small-business-create
sba.gov/sites/default/files/FAQ_Sept_2012.pdf



And who is going to pay the higher price for coffee to make WalMart that $5 million? That's right, the WalMart shoppers. And who are most the WalMart shoppers? That's right, you and the other Trump supporters. Suckers.

Your source would not open.
And just because they are a small business doesn't mean they are poor.
Poor people do not employ poor people or create jobs.
The government, the fat cats, corporations and wealthy small business owners are who employ people.

That wasn't my point, it is yours as a redirect.
My point was that it kept those $5 million in the American economy and wasn't sent to a foreign country.


You Democrats love spending other peoples money and are very poor at economics.
You Dems want FREE health care for everyone in America.
Well Trump sent that issue to some of the smartest in a Think Tank.
Trump wanted the lowest estimate knowing it most likely would be double what that would cost America for ten years.
They told Teflon Trump that the low side estimate was $34 Trillion for ten years !
You guys just don't get it and always want more.
Have you gone to see the movie "Death to a Nation" yet ?........Hillary's world.
It will explain it all to you.

I remember vividly after Trump was elected all the gloom and doom you predicted. Its almost 2 years and the economy is more robust than ever and Trumps lists of accomplishments keeps growing and so does your never-ending parroted talking points from CNN.

Too bad they deleted the previous Trump thread with the evidence that would validate my claim.


Yep, anything and everything from Cali is F`ed up!

Its totally on fire right now. Hopefully, it will burn down the illegal tent cities as well.

My last "fat cat" drove a RR and a Bentley. Small business owners drive Hyundais. I like RR's more.
I like "fat cats" a lot more than the small business owners. "Fat cats" were more able to afford me. Meow and purr..


...and the sanctuary hellholes. To the ground. Every building. With the sanctuary idiots in them.

Who employ thousands of people both directly and indirectly.
They offer healthcare benefits, matching retirement funds, 401 k's, pensions, paid vacations, etc.


Who employ few with no benefits.
Back to my original comment, "I have NEVER had a poor person offer me a job."


Where does all this bias HATE come from buddy ?
Is it because Trump has grossly out performed the 'Anointed One' making the Hateful DNC look like the failures they are by exposing the Deep States Corruption ?

You are really going to have a melt down when Teflon Trump has Crooked Hillary and the DNC charged with felonious collusion/corruption just before the 2020 election.

You damn well better hope the Dems take the House in the mid terms to keep that corruption buried forever.

For this to happen, Trump has to dump that weasel Sessions. I can't stand this moron for recusing himself without first clearing it with Trump. In fact, I hate this m-f***** more that I hate the democrats and other overt Trump's enemies.

That guy is a ******* punk. Trump supported sessions during the campaign and early part of his term thinking sessions wasn't part of the swamp establishment. Well this is the thanks that Trump gets. Total b.s. he should drop him asap

This will be done after Mueller report.
BTW, I like the way Rudy is playing hardball with that pos.

You make no sense. If WalMart really bought $5 million worth of coffee from a coffee producer abroad as you say, then the money didn't stay in the US. They made our trade deficit worse, not better. Once the tariffs kick in, WalMart will sell you the same product at grower's price + import tariff + profit margin. How is that winning? YOU pay for the tariffs, not the manufacturer abroad. They are fleecing you big time, my friend, and you are still cheering?


The question was not which slave owner exploited you the best, but who is creating more jobs in America. Trump's corporate friends or the middle class entrepreneur?


Too funny coming from a Trump disposable on steroids. Or was it Oxy? LOL!

Which one? I just tried both without problem.

Not totally true. There a variety of ways companies pass off tariffs. For cheap items that have tons of competition passing off all the increased costs to consumers isn't an option as the product will simply be less competitive and sell less. The two axis on a supply demand curve chart are price and quantity - an increase in price shifts the demand curve to the left meaning less goods are sold for the same price. I just wrote a 25 page essay on this topic for an mba class

I made perfect sense.
Go back and read post #607


Meaning BEFORE the tariffs because they saw what was coming BEFORE hand.
That money stays in the U.S. and this is the third time of explaining it to you because I explained it in post #620 the second time.


No quit playing dumb by trying to interpret what I was saying into one of your stupid ass arguments just for the sake of arguing.

Yes
A recent unanimous vote by the West Hollywood City Council to recommend the removal of Trump's star due to accusations he has mistreated women.

The Hollywood Chamber of Commerce and L.A. City Council haven't weighed in on the matter, but those who oppose the proposal note that others in Hollywood who have also been accused of mistreating women still have stars on the Walk of Fame, most notably Bill Cosby.

Today multiple new stars of Trump mysteriously appeared on the Walk of Fame which caused a major meltdown with the Snowflakes.