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That’s shockingly not capitalism.
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Trump threatens to triple cost of John Deere tractors during event with farmers
Former President Donald Trump told farmers Monday that the cost of tractors could significantly rise if he wins the 2024 election.During a roundtable with farmers in Smithton, Pennsylvania, Trump concluded by noticing that his campaign team used John Deere tractors as props."I just noticed...www.rawstory.com
"I just noticed behind me John Deere tractors," the former president said. "I know a lot about John Deere. I love the company. But as you know, they've announced a few days ago that they're going to move a lot of their manufacturing business to Mexico."
He continued: "I'm just notifying John Deere right now. If you do that, we're putting a 200% tariff on everything that you want to sell into the United States, so that if I win, John Deere is going to be paying a 200%."
"I just noticed behind me John Deere tractors," the former president said. "I know a lot about John Deere. I love the company. But as you know, they've announced a few days ago that they're going to move a lot of their manufacturing business to Mexico."
He continued: "I'm just notifying John Deere right now. If you do that, we're putting a 200% tariff on everything that you want to sell into the United States, so that if I win, John Deere is going to be paying a 200%."
"But if they're going to do that, we're going to put a 200% tariff on everything that they want to send back into the United States," he vowed. "Our country is going to make a lot of money, or they're not going to build – they're not going to open, and – or they're going to sell it to another country."
How could any conservative support this idiot?
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Trump threatens to triple cost of John Deere tractors during event with farmers
Former President Donald Trump told farmers Monday that the cost of tractors could significantly rise if he wins the 2024 election.During a roundtable with farmers in Smithton, Pennsylvania, Trump concluded by noticing that his campaign team used John Deere tractors as props."I just noticed...www.rawstory.com
"I just noticed behind me John Deere tractors," the former president said. "I know a lot about John Deere. I love the company. But as you know, they've announced a few days ago that they're going to move a lot of their manufacturing business to Mexico."
He continued: "I'm just notifying John Deere right now. If you do that, we're putting a 200% tariff on everything that you want to sell into the United States, so that if I win, John Deere is going to be paying a 200%."
"But if they're going to do that, we're going to put a 200% tariff on everything that they want to send back into the United States," he vowed. "Our country is going to make a lot of money, or they're not going to build – they're not going to open, and – or they're going to sell it to another country."
And no follow up question, like, “are you saying that childcare will be taxpayer-funded?”As a reminder, here is how Trump responded to a query about how he will make childcare more affordable earlier this month (and yes it careens into magical thinking about tariffs):
“But I think when you talk about the kind of numbers that I’m talking about, that – because, look, child care is child care. It’s – couldn’t – you know, it’s something – you have to have it. In this country, you have to have it.
But when you talk about those numbers compared to the kind of numbers that I’m talking about by taxing foreign nations at levels that they’re not used to, but they’ll get used to it very quickly – and it’s not going to stop them from doing business with us but they’ll have a very substantial tax when they send product into our country.
Those numbers are so much bigger than any numbers that we’re talking about, including child care. That – it’s going to take care – we’re going to have – I – I look forward to having no deficits within a fairly short period of time, coupled with the reductions that I told you about on waste and fraud and all of the other things that are going on in our country.
Because I have to say with child care – I want to stay with child care – but those numbers are small relative to the kind of economic numbers that I’m talking about, including growth, but growth also headed up by what the plan is that I just – that I just told you about.
We’re going to be taking in trillions of dollars. And as much as child care is talked about as being expensive, it’s, relatively speaking, not very expensive compared to the kind of numbers we’ll be taking in.
We’re going to make this into an incredible country that can afford to take care of its people, and then we’ll worry about the rest of the world. Let’s help other people, but we’re going to take care of our country first.
This is about America first, it’s about Make America Great Again. We have to do it because right now we’re a failing nation.
So we’ll take care of it. Thank you. Very good question.“
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Donald Trump’s rambling answer to a child care question, deconstructed | CNN Politics
Former President Donald Trump and his running mate JD Vance were both asked essentially the same question while thousands of miles apart this week.amp.cnn.com
Well, most don't think and do believe in some form of supernatural intervention. It does cut down on the need to think and/or learn about natural laws and cause and effect since they are, in their world views, variables.‘Those numbers are so much bigger than any numbers that we’re talking about, including child care. That – it’s going to take care – we’re going to have – I – I look forward to having no deficits within a fairly short period of time, coupled with the reductions that I told you about on waste and fraud and all of the other things that are going on in our country.”
Yet he didn’t eliminate deficits “in a fairly short period of time” during the four years of his presidency. Why would anyone believe he will (or can) quickly eliminate the deficit now? Do these foolish voters think he’s magic?
We're talking about a guy who called Mike Flynn at 3am to ask him if a strong dollar was a good thing or a bad thingWe’re talking about a guy who has developed an “economic policy” of tariffs on everything will eliminate the budget deficit and allow him to virtually eliminate income taxes, so, no, he doesn’t get it at all OR he gets it but doesn’t care because his supporters don’t get it.
Too bad it's mostly false. It's hard to take anyone seriously on the topic of tariffs when they don't even mention GATT. The U.S. was dismantling tariffs and non-tariff barriers since 1950. JFK asked for, and received, authority to conduct trade negotiations and the so-called Kennedy round of GATT negotiations produced significant reduction of barriers to trade.A buddy of mine shared this article which I found to be a great read on the history of tariffs.
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Why Trump Is Wrong & Alexander Hamilton Was Right About Tariffs
Just because Trump was conceptually right about tariffs (but terribly wrong in how he executed them) doesn’t mean we should all freak out at any mention of them...hartmannreport.com