Charles Koch Says Trump Tariffs Triggering U.S. Recession - GoFuckYourself.com

Bladewire · 07-31-2018, 10:15 AM

“Many of you watched in disgust as the most fiscally irresponsible budget in the history of our country was passed in March under a Republican government,” Hooks said. “We supported the election of some of these guys that just voted for a $1.3 trillion federal spending bill.”

Hooks added: “People are taking us for granted, and so if we want things to change, we have to do things differently. No more waiting for others to set the agenda. This network has got to lead.”

Charles Koch Says Trump Tariffs Triggering U.S. Recession

Billionaire industrialist Charles Koch, who leads a powerful policy and political network, said Sunday he worries President Donald Trump’s actions on trade and tariffs put the booming U.S. economy at risk of recession.

While saying it’s impossible to know for sure because the president’s trade policy remains fluid, Koch said the greater the level of trade restrictions, the greater the risk of severe economic fallout.

“It depends on the degree,” he said in Colorado during a rare on-the-record meeting with reporters. “If it’s severe enough, it could.”

Koch said any protectionism at any level is very detrimental. “Every nation that’s prospered is one that didn’t engage in trade wars,” he said.

Trump has already imposed tariffs on steel and aluminum imports in the name of national security, as well as duties on certain Chinese products in response to allegations of intellectual property theft. That’s drawn retaliatory tariffs on soybeans and other U.S. goods in an escalating conflict, although Trump struck a truce with the European Union last week pending further negotiations.

crockett · 07-31-2018, 10:57 AM

Don't worry in Republican echo chamber it will all be Obama's fault..

Busty2 · 07-31-2018, 11:04 AM

This is all the fault of Hillary Clinton

Bladewire · 07-31-2018, 12:07 PM

Crickets from Trump supporters....

beerptrol · 07-31-2018, 12:12 PM

Don't worry Charles. Chump will give you some more tax cuts. Just hang in there little buddy!

thommy · 07-31-2018, 12:34 PM

Quote:

Originally Posted by beerptrol

Don't worry Charles. Chump will give you some more tax cuts. Just hang in there little buddy!

he is on the best way.

now as he can even say that the russians helped him to be elected because "it´s not a crime" he dos not shame for nothing.

the next tax cut for the super rich is on the way

i really can´t believe that this can happen in a western country.
not even the dictator of a banana republic would be that insane.

Bladewire · 07-31-2018, 12:35 PM

Quote:

Originally Posted by thommy

he is on the best way.

now as he can even say that the russians helped him to be elected because "it´s not a crime" he dos not shame for nothing.

the next tax cut for the super rich is on the way

i really can´t believe that this can happen in a western country.
not even the dictator of a banana republic would be that insane.

$900,000,000,000 to the top 1% wow

beerptrol · 07-31-2018, 12:44 PM

Quote:

Originally Posted by thommy

he is on the best way.

now as he can even say that the russians helped him to be elected because "it´s not a crime" he dos not shame for nothing.

the next tax cut for the super rich is on the way

i really can´t believe that this can happen in a western country.
not even the dictator of a banana republic would be that insane.

Yep, I saw the news story about that. Followed by how the dairy farmers are starting to suffer due to the trade war

I also saw the one about the Koch brothers, those greedy fuckers.

The mega wealthy will be fine, it's the small farmers, consumers, and small businesses that are going to pay the price. The next round of tax cuts won't help them!

Bladewire · 08-01-2018, 12:43 PM

Quote:

Originally Posted by beerptrol

Yep, I saw the news story about that. Followed by how the dairy farmers are starting to suffer due to the trade war

I also saw the one about the Koch brothers, those greedy fuckers.

The mega wealthy will be fine, it's the small farmers, consumers, and small businesses that are going to pay the price. The next round of tax cuts won't help them!

Sad but true.

07-31-2018, 10:15 AM	#1
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,229	Charles Koch Says Trump Tariffs Triggering U.S. Recession “Many of you watched in disgust as the most fiscally irresponsible budget in the history of our country was passed in March under a Republican government,” Hooks said. “We supported the election of some of these guys that just voted for a $1.3 trillion federal spending bill.” Hooks added: “People are taking us for granted, and so if we want things to change, we have to do things differently. No more waiting for others to set the agenda. This network has got to lead.” Charles Koch Says Trump Tariffs Triggering U.S. Recession Billionaire industrialist Charles Koch, who leads a powerful policy and political network, said Sunday he worries President Donald Trump’s actions on trade and tariffs put the booming U.S. economy at risk of recession. While saying it’s impossible to know for sure because the president’s trade policy remains fluid, Koch said the greater the level of trade restrictions, the greater the risk of severe economic fallout. “It depends on the degree,” he said in Colorado during a rare on-the-record meeting with reporters. “If it’s severe enough, it could.” Koch said any protectionism at any level is very detrimental. “Every nation that’s prospered is one that didn’t engage in trade wars,” he said. Trump has already imposed tariffs on steel and aluminum imports in the name of national security, as well as duties on certain Chinese products in response to allegations of intellectual property theft. That’s drawn retaliatory tariffs on soybeans and other U.S. goods in an escalating conflict, although Trump struck a truce with the European Union last week pending further negotiations.

07-31-2018, 10:57 AM	#2
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	Don't worry in Republican echo chamber it will all be Obama's fault.. __________________ In November, you can vote for America's next president or its first dictator.

07-31-2018, 12:07 PM	#4
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,229	Crickets from Trump supporters.... __________________ Skype: CallTomNow

07-31-2018, 12:12 PM	#5
beerptrol Confirmed Asshole Industry Role: Join Date: Feb 2003 Location: Half way between sobriety and fubar. Posts: 12,722	Don't worry Charles. Chump will give you some more tax cuts. Just hang in there little buddy! __________________ “If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.” -- Ulysses S. Grant

07-31-2018, 11:04 AM	#3
Busty2 Member since 1999 Industry Role: Join Date: Dec 2007 Location: Off the Amalfi coast Posts: 7,202	This is all the fault of Hillary Clinton