Discussion: Trump Points To Reopened IL Steel Plant To Tout Perceived Success Of Tariffs

He dreams up a policy, two weeks later he declares success and we all should bow down.

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Excellent stenography. The best.

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If you’re old enough to remember the GOP high dudgeon over President Obama’s “picking winners and losers” in the economy by promoting renewable energy resources, you might think their current acquiescence to Trump’s misguided market interference is the main thing. But there’s much more to it. Obama’s policies were meant to catch the wave of future market forces and increase American share in growing clean energy markets while shifting away from coal production and generation. That’s why, despite Trump administration attempts to reverse the Clean Power Plan, it’s still happening. Meanwhile, Trump is swimming against the current and achieves nothing but turmoil by fighting against steel users to favor steel production.

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Trump needs to latch onto this as the success story of his tariffs and trade wars.

'Because there isn’t much more positive about it.

I’m happy for the people at Granite City Steel and nearby steel processing plants. I know some of them, and I’ve seen them go through other layoffs and call-backs. I also know farmers around Illinois and people at some auto plants. They aren’t celebrating today.

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Some questions not answered (because they are never asked) :

  1. When exactly was the decision to re-open this plant made?
  2. Who benefits from this plant reopening? I get that workers will get some benefit, but based on today’s corporate mentality I have a hard time believing they are getting the bulk of the benefit
  3. David Burritt credits president Trump for this… what is he getting out of this deal?
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I hope he will do more of this shit, in the end, his fans will notice,…

About that GDP number due out in a half hour:

But the big number risks becoming fool’s gold.

Economists warn that Trump’s trade war sped up U.S. exports in the second quarter as China and other countries rushed to snap up American soybeans and other products ahead of impending tariffs, lifting growth in ways likely to be reversed in the coming months.
“We are going to see a spike in growth in the second quarter that’s in part related to front-loaded soybeans and other exports and that’s going to be paid back in the next quarter,” said Eric Winograd, senior U.S. economist at Alliance-Bernstein.

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As I wrote in another thread, Kudlow spilled the beans yesterday, “they will be big !”. Bless his heart !


The comments about Donald not being able to read or able but just too lazy were amusing.

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Grippingly realistic, torn from the bowels of the upper US.

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If Mid Continent Nail Corporation, which according to a spokesman is “on the brink of extinction” because of President Donald Trump’s tariff on steel, does have to close, it will hit this whole town hard, according to every one of the dozens of people I talked to as they waited for the Fourth of July fireworks to start…

…Yet all but one of those I talked to here also agreed that as difficult as the closure would be for Poplar Bluff, population 17,000, down near the Arkansas line, they’d never hold the loss of those jobs against Trump.

https://www.kansascity.com/opinion/opn-columns-blogs/melinda-henneberger/article214349564.html

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Meanwhile, daughter “sacrifices” by shuttering her (outsourced labor) brand… b/c:


(click for embedded image - it’s worth the click.)

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Hum I didn’t realize Donald hadn’t visited troops yet. How’s that war going anyway? That shit was in the news all the time when Obama was in office. Was there just not enough bs being done to US at the time or was it just showing improvement?

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Does anyone else have the feeling that if Agolf showed up at one of these absurdist photo-ops and was handed a hat that had “Predisent Trump” or “President Turmp” stenciled on it he’d know the difference?


@dickweed Fun Fact: Mango and Melanoma are headed to Bedminster again this afternoon. (I wonder if he’ll again have to take a motorcade from the White(s Only) House due to “fog”?)

I’m sure glad I’m in charge of the “Days Without Being An International Embarrassment” tote board and not stuck on the “Days spent golfing/Cost to US taxpayers” beat. Too much work.