Contemplating the Consequences of Trump’s Tariffs

I originally posted the following information and commentary onto my Facebook wall…

Chinese-Owned Pork Producer is Getting U.S. Bailout Money to Protect it from China’s Tariffs:
http://www.latimes.com/business/la-fi-smithfield-china-tariffs-20181109-story.html

(Jeff Stein) A Chinese-owned pork producer will sell at least $240,000 worth of ham products to the federal government as part of the Trump administration’s farm bailout program, the administration said Wednesday.

U.S. pork producer Smithfield, which is owned by the Chinese conglomerate WH Group, will sell 144,000 pounds of ham products to the federal government under the contract.

(Read entire article here…)

My Commentary: Government: solving the problems they create, since inception…

#StatistPrivilege

GOVERNMENT: If you think the problems we create are bad, just wait until you see our solutions

Most Philadelphians Evade Illegitimate Soda Tax

I originally posted the following information and commentary onto my Facebook wall…

Drink Taxes Damage the Economy and Do Nothing to Cut Sugar Intake:
http://thehill.com/opinion/finance/371394-drink-taxes-damage-the-economy-and-do-nothing-to-cut-sugar-intake

(Susan Neely) The start of the new year means new resolutions for millions of Americans. These include resolutions to lose weight, eat better, exercise more, and save money. In Philadelphia, local leaders set their own goals last January to curb obesity and raise revenue through a new tax on non-alcoholic beverages. But like so many New Year’s resolutions, the Philadelphia beverage tax fell short of the promises local officials made to consumers.

(Read entire article here…)

My Commentary: Whoa! Turns out that most Philadelphians are tax-evading criminals, who prefer to “steal” from the “public,” rather than pay their “fair share”! LOL!

Obama’s Fallacious Attempts to Control America’s Economy Through the Red Tape of Bureaucracy Have Stifled Business and Commerce

I originally posted the following information and commentary onto the Facebook wall of family…

"Your New Health Care System"

“Your New Health Care System”

The Obama Legacy: An Economy Choking on Red Tape:
http://www.againstcronycapitalism.org/2016/09/the-obama-legacy-an-economy-choking-on-red-tape/

Obama does not get business. He is a product of prep-school and then found his way into Columbia and Harvard. Then he became a “community organizer” in the Saul Alinsky tradition in Chicago. Then he became a politician. He hasn’t spent any time in the world in which most Americans live.

Indeed Obama has been downright hostile to commerce and the private sector since the beginning of his presidency. Remember the “you didn’t build that” nonsense? I mean really, anyone who has worked in the private sector, never mind started a business or made payroll, knew that the president was just woefully off base. To be kind.

Obama could almost be forgiven for the statement if it was understood that he was just trying to score political points. But It appears that the president honestly believed the “you didn’t build that” bit. And that is absurd for an adult. Sorry.

This ignorance of business, commerce, the ebb and flow of the economy, whatever one wants to call it, has colored Obama’s business policy from the outset and as such the economy has been retarded. Obama’s failure on the economy is only second to his failure on the racial front.

(Read entire article here…)

My Commentary: Inconvenient facts…

Got Consistency?

As I scrolled through my Facebook news feed, I discovered the following artwork here, being shared by the page, “Liberty Minds,” and originally posted it to my own wall, along with commentary…

"Bush crashed the economy by spending so much on war! (Average annuel defense budget $600 billion) Obama saved the economy and reversed the harm! (Average annuel defense budget $700 billion)"

“Bush crashed the economy by spending so much on war!
(Average annuel defense budget $600 billion)
Obama saved the economy and reversed the harm!
(Average annuel defense budget $700 billion)”

My Commentary: Got consistency?

Some Perspective on the Real Problem Effecting America’s Economy

As I scrolled through my Facebook news feed, I discovered the following artwork here, being shared by the page, “Emancipated Human,” and originally posted it to my own wall, along with commentary…

"If regulatory growth froze in 1980, we would today be approximately $4 trillion richer! The Cost of Regulations: If the cost of regulatory accumulations ($4 trillion) were a country, it would have the 4th largest GDP in the world. (That amount is large enough to be the world's 4th largest economy!) GDP, in nominal 2012 dollars (billion USD)"

“If regulatory growth froze in 1980, we would today be approximately $4 trillion richer!
The Cost of Regulations: If the cost of regulatory accumulations ($4 trillion) were a country, it would have the 4th largest GDP in the world.
(That amount is large enough to be the world’s 4th largest economy!)
GDP, in nominal 2012 dollars (billion USD)”

My Commentary: Some perspective on the real PROBLEM…