Donald Dipshit to the Rescue

Great - President Donald Dipshit is now giving out 16 billion dollars, courtesy of we, the taxpayers, to bail out U.S. farmers hurt deeply by his tariffs on China. Makes sense, right! Great to have a genius at the helm!

Great - President Donald Dipshit is now giving out 16 billion dollars, courtesy of we, the taxpayers, to bail out U.S. farmers hurt deeply by his tariffs on China. Makes sense, right! Great to have a genius at the helm! Originally Posted by Solemate62

I rather see the American farmer get my tax dollars than the Muzzy's of Iran! how much was it Odumbo gave them 155 billion

Great - President Donald Dipshit is now giving out 16 billion dollars, courtesy of we, the taxpayers, to bail out U.S. farmers hurt deeply by his tariffs on China. Makes sense, right! Great to have a genius at the helm! Originally Posted by Solemate62

Donald Trump will rescue us from the Dipshits. Lets get it straight.

Great - President Donald Dipshit is now giving out 16 billion dollars, courtesy of we, the taxpayers, to bail out U.S. farmers hurt deeply by his tariffs on China. Makes sense, right! Great to have a genius at the helm! Originally Posted by Solemate62

The money is coming from the tariffs the Chinese are paying. Who’s the dipshit?

Great - President Donald Dipshit is now giving out 16 billion dollars, courtesy of we, the taxpayers, to bail out U.S. farmers hurt deeply by his tariffs on China. Makes sense, right! Great to have a genius at the helm! Originally Posted by Solemate62

The US Government has been giving farm subsidies for decades and suddenly it's Trump's fail?

i mean .. what would Willie and Johnny Cougar do every summer without Farm Aid?

here's a thought ... maybe the Government shouldn't have propped up agriculture for decades

Why do you hate American farmers?

Why do you hate American farmers? Originally Posted by the_real_Barleycorn

Umm .... because hating himself got boring???

The money is coming from the tariffs the Chinese are paying. Originally Posted by bambino

That's not correct. The tariffs are paid by the American companies who import the goods, like Walmart. But the majority of the cost is borne by the American consumer, not the Chinese manufacturer or the U.S. importer.

Take Flextronics, a huge manufacturer of electronics items in China and other places. Their before tax profit margin is about 2%. Walmart's pretax profit margin is about 3%. If the U.S. government charges a 25% tariff on a product, then in this example Flextronics can't absorb over 2%, or two percentage points, of that 25% tariff without losing money. Walmart can actually absorb more than 3%, because it marks the price of the products up. But still the majority of that 25% tariff will be absorbed by the American consumer who pays higher prices.

So how much sense does this make? The U.S. government collects $16 billion in tariffs, and then distributes it to farmers, who will still be worse off than before the trade war started. Walmart and the Chinese manufacturer absorbed part of the tariff and are worse off as a result. And the U.S. consumer pays the biggest share of the tariff, in the form of higher prices.

Who's the winner? Answer: As far as the Chinese and Americans go, there is none. In the long term, maybe the Taiwanese, South Koreans and Malaysians, who will take up the slack. They probably aren't producing as cheaply as the Chinese. If they were, we'd be buying from them instead. Also, unless they have unused capacity, these competitors outside of China will have to invest in more property, plant and equipment, which they'll have to recoup with higher prices than what the Chinese charged. Any way you look at it we come out paying more for products. We come out as losers. That's unless Trump is just using tariffs as a bargaining chip and will at some point negotiate a deal that's good for us and then drop the tariffs. I hope that happens but don't think it will.

Great - President Donald Dipshit is now giving out 16 billion dollars, courtesy of we, the taxpayers, to bail out U.S. farmers hurt deeply by his tariffs on China. Makes sense, right! Great to have a genius at the helm! Originally Posted by Solemate62

The money is coming from the tariffs the Chinese are paying. Who’s the dipshit?

Originally Posted by bambino

Why do you hate American farmers?

Originally Posted by the_real_Barleycorn

Umm .... because hating himself got boring??? Originally Posted by The_Waco_Kid

As predicted.









https://www.cnbc.com/2019/05/23/the-...imf-study.html




Bless your heart.

Originally Posted by eccieuser9500

Here's some homeywork for you.


https://en.wikipedia.org/wiki/Agricultural_subsidy

Umm .... because hating himself got boring??? Originally Posted by The_Waco_Kid

Hahahahaha.................... .......

Here's some homeywork for you.


https://en.wikipedia.org/wiki/Agricultural_subsidy


Originally Posted by The_Waco_Kid

Wikipedia is a free encyclopedia, written collaboratively by the people who use it. It is a special type of website designed to make collaboration easy, called a wiki. Many people are constantly improving Wikipedia, making thousands of changes per hour.

Dance PAAAR-TAAAY!!!

Dance PAAAR-TAAAY!!!
Originally Posted by eccieuser9500

Quote:
Wikipedia is a free encyclopedia, written collaboratively by the people who use it. It is a special type of website designed to make collaboration easy, called a wiki. Many people are constantly improving Wikipedia, making thousands of changes per hour.



well there's always the old fashioned way to learn ....





oh by the way .. they re-write these as needed too.


I'm just sayin' ..

That's not correct. The tariffs are paid by the American companies who import the goods, like Walmart. But the majority of the cost is borne by the American consumer, not the Chinese manufacturer or the U.S. importer.

Take Flextronics, a huge manufacturer of electronics items in China and other places. Their before tax profit margin is about 2%. Walmart's pretax profit margin is about 3%. If the U.S. government charges a 25% tariff on a product, then in this example Flextronics can't absorb over 2%, or two percentage points, of that 25% tariff without losing money. Walmart can actually absorb more than 3%, because it marks the price of the products up. But still the majority of that 25% tariff will be absorbed by the American consumer who pays higher prices.



So how much sense does this make? The U.S. government collects $16 billion in tariffs, and then distributes it to farmers, who will still be worse off than before the trade war started. Walmart and the Chinese manufacturer absorbed part of the tariff and are worse off as a result. And the U.S. consumer pays the biggest share of the tariff, in the form of higher prices.

Who's the winner? Answer: As far as the Chinese and Americans go, there is none. In the long term, maybe the Taiwanese, South Koreans and Malaysians, who will take up the slack. They probably aren't producing as cheaply as the Chinese. If they were, we'd be buying from them instead. Also, unless they have unused capacity, these competitors outside of China will have to invest in more property, plant and equipment, which they'll have to recoup with higher prices than what the Chinese charged. Any way you look at it we come out paying more for products. We come out as losers. That's unless Trump is just using tariffs as a bargaining chip and will at some point negotiate a deal that's good for us and then drop the tariffs. I hope that happens but don't think it will. Originally Posted by Tiny

Yep, that’s the way it works. Good Luck convincing the followers of a extremely stable genius. Combover Caligula has spoken so that’s the truth.

Yep, that’s the way it works. Good Luck convincing the followers of a extremely stable genius. Combover Caligula has spoken so that’s the truth. Originally Posted by Jaxson66

Combover Calugula. Good one. I like Ersatz Emirate, too. And Mango Mussolini.