Biden admin could fight inflation by axing tariffs on China imports, but . . . (Page 1/2)
rinselberg NOV 22, 04:28 AM
The Biden administration could try to tamp down on inflation by reducing or eliminating tariffs on U.S. imports from China, but . . .

CNN's John Harwood talks "but" . . .

"The inflation-fighting step Biden has yet to take"
John Harwood for CNN Politics; November 21, 2021.
https://www.cnn.com/2021/11...a-tariffs/index.html

"One of the top 100 online media news reports you should read today"

[This message has been edited by rinselberg (edited 11-22-2021).]

blackrams NOV 22, 05:26 AM
While that tactic would slow inflation, it would only strengthen our dependence on China, Our current inflation issues are being driven by all the free money the Dems are giving away.
Employers have openings and no one wants to fill them. Why work when you can get what you need for free..
Some of our inflation issues are being driven by "supply chain" issues. Those issues could be resolved fairly quickly if, some of our ports would allow free trade and competition but, that state has decided they are more important than the rest of the states. They wonder why they get so little respect.

Rams

[This message has been edited by blackrams (edited 11-22-2021).]

Hudini NOV 22, 07:01 AM
Seriously, stop printing money as if there are no consequences. It amazes me when our politicians try to come up with a creative solution to a problem they made.

Tennessee has no state income tax. A former pos Republican governor tried to push through an income tax in his last days in office. He kept saying we need to raise revenue. He never once said we need to spend less. Needless to say the next Governor was a Democrat. Tennessee is not a blue state.
2.5 NOV 23, 11:21 AM
Common sense anyone?




quote
Originally posted by blackrams:

While that tactic would slow inflation, it would only strengthen our dependence on China, Our current inflation issues are being driven by all the free money the Dems are giving away.






quote
Originally posted by Hudini:

Seriously, stop printing money as if there are no consequences. It amazes me when our politicians try to come up with a creative solution to a problem they made.

.



Creative..and agenda promoting.
Jake_Dragon NOV 23, 11:45 AM
So the plan to become independent is to sell completely out to another country.
"I want stuff now and I want it to be cheep" "I don't understand why it broken after a year"
I need better prices because I lost my job due to someone in China is doing it now.

Suck it up and move manufacturing back to the states, stop being dependent on other countries and build back better here and not in China.

does that even mean "build back better" Dementia or stroke?

Stop being part of the problem and find a solution or get out of the way and let someone else drive the bus.

[This message has been edited by Jake_Dragon (edited 11-23-2021).]

2.5 NOV 23, 01:21 PM
Well.. Biden put us behind the Middle East 8 ball, I'm sure he'd love to put us behind the Chinese 8 ball as well. Hmm what can he mess up with Russia while he is still alive / in office?
maryjane NOV 23, 06:16 PM
Biden authorized the release of 50 million barrels of crude from the strategic petroleum resrves on the Gulf Coast.
US consumption in 2020 was the lowest since 1995, but At the US 2019 's 19.5 million bb/d consumption rate, 50 million barrels of SPR crude will last about 2 1/2 days. The effect on pump price of motor fuels will barely be noticable if at all.
This is a White House PR stunt.

[This message has been edited by maryjane (edited 11-23-2021).]

williegoat NOV 23, 06:28 PM
OK, I don't know anything about the oil industry. But does it make any sense to shut down production, then tap into our strategic reserve?

Will lowering tariffs on cheap imports put Americans back to work?

Am I really that stupid? (OK, don't answer that.)
maryjane NOV 23, 06:34 PM

quote
Originally posted by williegoat:

OK, I don't know anything about the oil industry. But does it make any sense to shut down production, then tap into our strategic reserve?

Will lowering tariffs on cheap imports put Americans back to work?

Am I really that stupid? (OK, don't answer that.)


What production shutdown are you referring to?

Imported goods tariffs and domestic crude oil production have little to do with one another.

https://www.forbes.com/site...till-out-of-balance/
Jake_Dragon NOV 23, 06:34 PM
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