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Old 08-31-2018, 05:42 PM   #338
tw
Read? I only know how to write.
 
Join Date: Jan 2001
Posts: 11,933
Company executives, brainwashed by business school concepts and The Don's wacko extremist talk show hosts, cheered when Trump started a trade war on aluminum and steel. A classic example is the owner of American Keg. He still thinks those tariffs are good. And was completely taken by surprise when his costs skyrocketed. His customers are now buying kegs from overseas. Did he have basic economic knowledge? Did he not understand the obvious? Did he even know that many metals necessary for American products are not made productively in America? Some companies are so anti-American as to still use 1964 technology blast furnaces to make steel. Tariffs were created to protect America's least productive industries.

America Keg now laid off a third of their workforce. The owner said he was surprised it happened. A perfect example of another brainwashed by Alex Jones, Rush Limbaugh, and Sean Hannity.

Those tariffs have started doing and will increase major damage to markets (the American economy). But significant damage will be apparent for years. His 'wacko extremist' inspired tariffs are now creating major price increases in paper, polypropylene, and other materials consumed by America's productive and now intentionally harmed businesses.

Does not matter. Extremists still believe The Don has done good. We will see those result years later when companies some companies finally file for bankruptcy.

Pain has been especially hard on part suppliers for the auto industry. A threat that has not been seen in that industry since George Jr's economics created a massive recession many years later - including the death of Lehman Bros.
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