Wednesday, July 18, 2018

Steve’s Barking; Midus touch economics

The United States might just be going through midus touch in certain industries because the of  he tarrifs. Certain producers are going to make out like bandits, but unfortunately there customers are going to lose out, and unless inflation goes up and up they will not be able to afford the very products that will be selling by American companies at higher prices then they were paying.
At first everything that lumber, steel, etc, touches will turn to gold but in a short period of time that gold will turn to sh**.
Remember economics needs a desire and an ability to pay.

Wednesday, July 11, 2018

Steve’s Barking; The two dollars store

With the trade war with China, will the dollar store have to change it’s name to the two dollars store?
With a trade war upon us the question is (which nobody is asking) can the American consumers  absorb the increase in goods from China, Mexico,Canada and the EU?
If we do, then how does that put pressure on foreign countries to lower their  tarrifs on American goods?
Is this the way of the president pays for his income tax cut?
And were the hell is congress doing it’s constitutional duties, that it clearly states in the constitution that revenue measures come from the House of Representatives?


Thursday, July 5, 2018

Steve’s Barking; Why doesn’t Congress want to do it’s job

Holey Smoly Batman, why doesn’t the US Congress want to do its job and either have a tax on goods  coming into the United States or not. Tariffs ( which are taxes are the provenance of  Congress not the White House) is a rather poor way of turning around trade imbalances but an easy way of raising revenue. Having no PhD I’m trying to figure what national  security  risk non military or non informational products has on the U.S. which has been hinted that the president has the power to   Levy taxes for in the form of tariffs
Why has no congress person sued the president? Are they just a bunch of lazy bums that don’t want to do their jobs
They proved that they didn’t want to do their job when they refused to hold hearings on Supreme Court nominee Garland.
If those members of congress that don’t want to do their job, they should all just resign.

If there was zero tariffs were would the revenue to the state come from.
That includes the U.S.

When there was a hint of a value added border tax to help pay for income tax reduction, is by letting the president leaving high tariffs a sneaky way of new taxes to pay for the reduction in income tax?




Sunday, June 24, 2018

Steve’s Barking; Newer and cheaper

I must be missing something when it comes to imports. Don’t counties that have a large surplus with the United States pay their workers a lot less then we would pay our workers?
Am I missing something, don’t those countries that have a large trade surplus with the United States  have newer factories?
I guess those who believe that ending tariffs would even the playing field are living in a fools paradise.

Thursday, June 21, 2018

Steve’s Barking; No immigration, No future

 We of the Western World what no immigrants.
 They’re messy, smelly, gangsters, who are terrorist, rapist.
 Kind like our  ancestors.
 Of cause we of the old industrialized world who are running short of babies to grow up to be workers.
Look at the United States we have for the first time in the the history of the world more jobs then people to take them. Oh of cause they require special skills like driving a truck and fixing cars.
Of cause futurist might tell you that’s all right because those jobs in the near future will be done by robots or at least in the case of driving a truck by self driving vehicles.
Of cause those futurist can’t tell anybody how us old farts will pay for robotic nursing, or even if we are healthy as one can be and doesn’t need nursing but still needs food. If we have no workers that normally done by immigrants paying into our pensions and in the United States Social Security, our future looks dim.

Monday, June 18, 2018

Steve’s Barking; Did N Korea shoot it’s load?

Does N Korea have anymore A Bombs? Does N Korea have the material and or money to build another A bomb? Does N Korea several rockets that can reach the United States? Does N Korea have the material and or the money to buy the materials to build the rockets to reach the United States?

Sunday, June 17, 2018

Steve’s Barking;Will the U.S. turn into the next Venezuela?

I know that some of you silly gooses out there will only laugh at that statement, after all Venezuela is a communist country and the good old U.S. OF A is a capitalist country. The question is does the economic system ruin a country or does the cult leadership of a country lead to the demise. Think of it this way Hugo Chavez was an extreme populist when he took over hiS country an if my memory serves me correct Venezuela economy expanded because of oil. The United States is being ruled by a cult like leader, the economy is going great guns, but will the corrupt and cult like President lead us down the same path? Will the raising of the price of goods due to tariffs slow and hinder the economy of the U.S.? Will the rising of prices on goods(especially farm goods) from the U.S. force counties like China and Mexico get their farm products from countries like Argentina and Brazil? Will the administration do something foolish like limit foreign ownership in American companies, therefore hurting foreign investment in America? Will in two years Americans see much better investment opportunities in foreign countries hindering America and American companies from getting all the capital it needs? We in the United States have this false pride that Venezuela type of economic disaster couldn’t happen here, I’m not so sure.