Comments by "shary K" (@Sharyk808) on "GOP hopefuls hit New Hampshire as primary nears" video.

  1. Was not a good negotiatorđŸ€„. He is a disaster for America. He only told cult fools he negotiated higher tariffs for foreign countries. So did they.đŸ‘đŸŒ 😼Yeah we will pay 30% more for goods from China. When it went into effect. The increase flowed down to poor consumers. He did NOT negotiate tariffs on clothing imports. That he didn’t touch because of personal business for ivanka and his clothing line. It was manufactured in foreign countries NOT MADE IN USA. He had the fn nerve to tell citizens to boycott corporations moving to foreign countries to save the company from closing down businesses. He promised to build more manufacturing plants. No new manufacturing plants or jobs.đŸ€„ Farmers loss their #1 buy. But subsidy by taxpayers In May 2018, more than 1,000 economists wrote a letter warning Trump about the dangers of pursuing a trade war, arguing that the tariffs were echoing historical policy errors, such as the Smoot–Hawley Tariff Act, which HELP LEAD TO THE GREAT DEPRESSION (HE DIDN’T LISTEN,THUS OUR ECONOMY AND COVID SUPPLY SHORTAGES AROUND THE WORLD) A study published in fall 2019 in the Journal of Economic Perspectives found that by December 2018, Trump's tariffs resulted in a reduction in aggregate U.S. REAL INCOME of $1.4 BILLION per month in DEADWEIGHT LOSSES and COST U.S. CONSUMER AN ADDITIONAL $3.2 PER MONTH IN ADDED TAXES. The study's authors noted that these were conservative measures of the losses from the tariffs, because they did not take account of the tariffs' effects in reducing the variety of products available to consumers, or the tariff-related costs attributable to policy uncertainty or the fixed costs incurred by companies to reorganize their global supply chains.[24] A study by Federal Reserve Board economists found that the tariffs reduced employment(job losses) in the American manufacturing sector. Taxpayer Cost of Trade-Related Aid to Farmers and Other Federal Programs PROGRAM TAXPAYER COST Trump Aid to Farmers $28 Billion Department of State $26.3 Billion Navy Ship Building (annual avg.) $22 Billion Nuclear Forces $21.8 Billion NASA $19.8 Billion Children's Health Insurance $17.3 Billion TANF $16.7 Billion Department of Commerce $8.6 Billion EPA $8.1 Billion Judicial Branch $7.8 Billion National Science Foundation $7.2 Billion Legislative Branch $4.7 Billion Food Safety and Inspection Service $1.3 Billion Agricultural Research Service $1.1 Billion Forest Service $0.4 Billion Source: Office of Management and Budget, Congressional Budget Office, National Foundation for American Policy. FY 2018 actual outlays. Nuclear Forces and Navy Ship Building are estimated costs for FY 2019. TANF is Temporary Assistance for Needy Families. Get the data Created with Datawrapper Did this turn out well for farmers? Experts say probably not. “Farmers would have been better off if the trade war had never started, to say nothing of the American businesses and consumers who continue to pay exorbitant tariffs, even after the ‘Phase 1’ U.S.-China trade deal,” said Bryan Riley, director of the National Taxpayers Union’s Free Trade Initiative, in an interview. “All the warnings issued by economists about the trade war, including higher costs for U.S. consumers, trade retaliation and heightened global tensions, have come true.”
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