Economic reality check

Really, than why does the farm sector need a 15 billion + bail out, only soy counter tariffs?

You need to inform yourself better.

By the way they are going belly up, left and right, the farmers.

 

Please read. GDP was rising. The trend line was still going up. And how can you possibly still pretend that 3 years is a decade. Real annual GDP growth was the highest in 3 years. 3. Not 10. It was the highest it has been since 2015. 2015 was not a decade before 2018. Please tell me you understand that.

 

World wide recession, EXCLUDING the US. Any guesses why there may be a slow down in the US economy? Beuller?

 

Turning a Recession around required more gdp growth.

 

It was going down. The gdp growth was ~ 1.5 % in 2016 down from 2015.

The highest growth rate in the past decade is 2.9%. That is absolutely correct.

 

Because of the ongoing trade negotiations with communist China. Trump has implemented support during this time.

What farmers have gone bankrupt ??

 

Which means GDP was going up. Not going down. That's what positive growth rates mean.

You are attempting to play some really, really bad word games. 2018 is the highest it has been . . . since 2015. Not the highest it has been in the past decade.

 

making up implied results instead of only implied powers?

https://tradingeconomics.com/united-states/gdp-growth

 

Trade wars hurt others AND you. Its the stupidest economic policy one can think of.

 

http://www.startribune.com/farm-ban...worry-that-far-more-are-on-the-way/501157191/

 

i believe we should not let US firms leave for merely cheap labor, but should be excised into our first world parity.

 

Are you slow? The "trade war" is really over intellectual property rights and state run economies.

 

what would a "better business bureau" recommend?

 

Corporate welfare is alive and well in the US; only the right wing would drag us into a trade war while on corporate welfare but blame the Poor for being moochers.

 

They tend to side with those who do not cheat, so China would have a big problem.

 

So...how long you been a "moocher"?

 

a cost issue? what is the "honesty price point".

 

i can't be a "moocher" i don't get any corporate welfare.

 

Ah, No.

 

Gdp growth was going down.

In what year in the last decade has real gdp growth exceeded 2.9% ?? None. Therefore 2018 growth was the highest in the last decade and achieved despite rising interest rates and quantitative tightening at the rate of $60B per month.

 

Chapter 12. Do you know what that means ?? The farms are not shutting down. And when the Chinese trade deal is finalized they will be in great financial shape.

 

Familiar with the term annual ??

 

Than why put tariffs, 100s of billions worth on steal, alu, industrial products, like washers and so on and those tariffs get handed down to the consumer.
Why risk counter tariffs, which hurt already hurting sectors like farming.
South America and Canada are taking the profit, they sell to China without tariffs.
Same for the EU and its pork glut, China is sucking that one up.
By the way it destroys the transportation chain of US farmers, too.

 

I know what chapter 12 means, I farm.

When will this magical deal be finalized ?
This year, next year or what ever year.
They are in lousy financial shape and have this year on top of it a record flood. Last year they could not get rid of their crops or had to sell far below price, just for cash flow. South American Soy mills cut a deal with China last year.
They bought US soy in the fall, at below production price, shipped it to SA, milled the stuff and sold it to China with huge profits.
South America is harvesting, Brazil soy looks good, Uruguay and Paraguya will harvest next, looks good. Argentina still has drought problems, will be marginal, but they have time to go, they are the last to harvest.
They all sold out at top prices last year, like a frigging gold rush.

 

You attached that term to the poor. Try again?