Tag: tariff

8/15/18: What’s going on in Turkey

Tensions have continued to rise between the US and Turkey.  At the center of the dispute is a US pastor who was arrested as part of retaliation for a failed coup in Turkey in 2016.  Andrew Brunson is being held under house arrest and charged with espionage, but the US denies all charges.  To get Brunson back, Trump has used tariffs as more than just economic retaliation for another country’s tariffs, but is now using them for diplomatic pressure as well.  Turkey’s court of appeals refused to release Brunson this week.

Trump hits Turkey with tariffs, Turkey responds in kind over detained pastor

In an update to a story we brought you a few days ago, there are now over 200 papers in the US set to write anti-Trump editorials to supposedly prove that they are unbiased and don’t deserve to ever be called out for fake news.  Media outlets led by CNN’s cry baby Jim Acosta and the Boston Globe have feared that the “fake news” label on news that isn’t true is going to cause violence against the media.

Meanwhile, as we reported on our Facebook page yesterday, CNN’s Chris Cuomo made a feeble attempt to ask Antifa to cool it when it comes to actually physically assaulting members of the media.  Cuomo’s rambling charge against Antifa seemed to suggest that they were ok to be violent as long as it was against bigots, but that they really ought to leave the press and the cops alone.  He ignored their attacks on non-white supremacist Trump supporters who happened to be in the area and were assaulted.

200+ Media outlets set to attack Trump to show they aren’t biased

Twitter has joined the ranks of social media platforms in banning Alex Jones, but only for a short period of time after he violated one of their rules with a video he linked to.  Twitter had stated that they would not ban him unless he violated one of their rules.  The current restriction is temporary.  Jones has gotten a lot of mileage out of the bans on other social media platforms.  Alex Jones’ site, Infowars, tends to be a cesspool of conspiracy theory and Jones’ lawyer admitted in a recent court battle that he is “playing a character” in his role as a media personality.

At Political Brief, we don’t follow Alex Jones.  We support his right to free speech and expression, but we also support the right of private businesses to make the economic decision to discriminate when it comes to hosting private individuals.  Consumers will need to decide for themselves if blocking Alex Jones is enough to get them to leave those social media platforms.  It also is a good caution to consumers to remember that political commentators have an agenda.  Be sure to double check sources and treat any political story with skepticism, whether it’s Alex Jones or Jim Acosta.  Also, know that Twitter, Facebook, Youtube, and other platforms are privately run and push content to you.  The best way to navigate politics online is to do your research and find people you trust.

Twitter restricts Alex Jones after video violation

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Need to Know 7/30/18

How much will Democratic Socialism cost?  How about triple what our government costs now.  Over the weekend I mentioned how Ocasio-Cortez wants to raise taxes by $4 trillion to have an eco-friendly liberal economy.  Government guaranteed jobs comes in at another $543 billion.  A new study is saying universal healthcare through Bernie Sanders’ Medicare for All plan would cost another $3.2 trillion per year.  That’s makes for an annual budget of $12 trillion per year to cover the Democratic Socialist agenda.  The current budget is $4 trillion and we have annual deficits of about a half a trillion.  Extrapolating that out, we’d not just have to increase taxes 3x.  We’d also have to cover another 1.5 trillion dollar deficit.

How would you like to pay three times the taxes you are paying now and still have our government crushed with debt?

Study: Medicare for all completely unaffordable

President Trump is calling for a government shut down if Democrats continue to obstruct immigration reform.  But you need to remember how this works.  If a Republican Congress puts together a spending bill that Democrats obstruct, then it’s a Republican shutdown.  If a Republican President refuses to sign a bill that doesn’t take care of problems like immigration, then it’s a Republican shut down.  If Democrats can’t get enough votes to pass their agenda because Republicans are obstructing, then it’s a Republican shut down.  If Democrats control both houses and the Presidency, but can’t get their agenda passed, it’s a Republican shut down.  Basically, it’s always the fault of the Republicans.

Trump says fix it or shut it down

Trump’s tariffs have created odd bedfellows.  Democrats, who up until Trump did it supported protective tariffs, are now 100% anti-tariff.  Not really, but whatever it takes to win elections.  Meanwhile, the hated Koch brothers have signaled they will work with Democrats who oppose tariffs and support them.  So you have a Republican President who supports tariffs, Democrats who suddenly oppose them, and Libertarians who are going to put up money to elect Democrats who are anti-libertarian on everything but tariffs.  What a weird world we live in.  I wonder who Democrats hate more, Trump or the Kochs?

Koch brothers to back Democrats over tariff spat

Newsflash 7/25/18

Trump has been criticized by both sides of the aisle for imposing tariffs on China and threatening tariffs against the EU.  Trump himself has maintained that he doesn’t want tariffs or barriers to trade, but is imposing them because other countries have already imposed tariffs on the US.

Today a trade war was avoided with the EU as they capitulated under threat of tariff and have granted the US major trade concessions.  The EU will import more soybeans from the US and lower tariffs on industrial goods in the deal to avoid US tariffs.  The Dow ended up about 172 points after the announcement.

EU avoids trade war by giving US concessions on tariffs