Tariffs: Saving American Jobs Since...Wait, What?

[Dave70968]

The results are speaking for themselves. You can quote and believe in all the "economist theories" you wish, but nothing says anything about the economy but said results.

Just ask the hog farmers. And the folks at Harley-Davidson. And Whirlpool. And every end consumer in the country.

Some people are just so easily snowed by a big show in five minutes that they completely overlook what happens off-stage for five years.

 

[doctorjj]

I love being lectured by a lawyer and who knows who else about economics.

 

[dennishoddy]

Just ask the hog farmers. And the folks at Harley-Davidson. And Whirlpool. And every end consumer in the country.

Some people are just so easily snowed by a big show in five minutes that they completely overlook what happens off-stage for five years.

Quit living in the moment, and consider the greater economy in the big picture. Good Lord, I've been beating the long game is good for the US since President Trump started correcting the debacle past administrations have put this country into.
Every one of those you quoted will appreciate this game in the long run as they lamented all their jobs going overseas with past administrations. Facilities have to be built, and the sites approved which is now streamlined to take a MUCH shorter period that the years it took through the old EPA. The new EPA is much more streamlined with many pages of reports required to be performed ad nauseum to one page now. That's huge progress for industry, which btw will be producing the products your lamenting about in the short term.
Just like the soybean farmers and natural gas producers that are now pleasantly surprised after a meeting President Trump had with the head of the EU who the day before the personal meeting said it was going to be a tariff war.
After the meeting in a joint speech, President Trump came out and said his goal is to have zero tariffs and free trade. The head of the EU just shook his head in agreement.
What is wrong with that? I'll answer for you, nothing.

 

[ignerntbend]

Please Dennis. A head shake is not a hand shake and a hand shake is NOT a negotiated agreement.
I know drama counts alot with this president, but sheesh...it's more dramatic than it is substantive.

 

[Hobbes]

Quit living in the moment, and consider the greater economy in the big picture. Good Lord, I've been beating the long game is good for the US since President Trump started correcting the debacle past administrations have put this country into.
Every one of those you quoted will appreciate this game in the long run as they lamented all their jobs going overseas with past administrations. Facilities have to be built, and the sites approved which is now streamlined to take a MUCH shorter period that the years it took through the old EPA. The new EPA is much more streamlined with many pages of reports required to be performed ad nauseum to one page now. That's huge progress for industry, which btw will be producing the products your lamenting about in the short term.
Just like the soybean farmers and natural gas producers that are now pleasantly surprised after a meeting President Trump had with the head of the EU who the day before the personal meeting said it was going to be a tariff war.
After the meeting in a joint speech, President Trump came out and said his goal is to have zero tariffs and free trade. The head of the EU just shook his head in agreement.
What is wrong with that? I'll answer for you, nothing.

I can't believe I am having to ask this of Dennis Hoddy.

There are thousands of farmers that took out short term loans to plant crops like soybeans and the note is due at the end of the year.
Some of them will lose their farms if they can't repay the loan and they cant "endeavor to persevere" for a year or two or three.

I saw commerece secretary Ross on tv saying these tariffs are insignificant rounding errors.
Then a farmer responded "my farm is not a rounding error".

 

[dennishoddy]

Please Dennis. A head shake is not a hand shake and a hand shake is NOT a negotiated agreement.
I know drama counts alot with this president, but sheesh...it's more dramatic than it is substantive.

It's been a week or so, and the head of the UE hasn't come out with any rebuttals has he?

 

[ignerntbend]

Rebuttals to what? He's not the KING over there. All this stuff is subject to yow yowin and pencil sharpenin and negotiatin. You think this guy Juncker signed some kind of deal in blood?

 

[dennishoddy]

I can't believe I am having to ask this of Dennis Hoddy.

There are thousands of farmers that took out short term loans to plant crops like soybeans and the note is due at the end of the year.
Some of them will lose their farms if they can't repay the loan and they cant "endeavor to persevere" for a year or two or three.

I saw commerece secretary Ross on tv saying these tariffs are insignificant rounding errors.
Then a farmer responded "my farm is not a rounding error".

Here is the fallacy of your argument. Farmers are free to plant any damned thing they want and do.
If I thought I could make more money on grain sorghum vs beans, I'd plant sorghum.
If I thought I could make more money from industrial hemp than I could by planting wheat, I would.
Farms are not a single purpose facility. Every farmer has options, and your sources are full of BS for focusing on one crop as a point of discussion.
Sorry man, but you can't cherry pick one farmer and call it the death of farming.
BTW, I've been approached by reps of industrial hemp. Huge profits according to them quoting results from Oregon and Colorado that I couldn't verify.
In talks with NRCS and FSA reps, it is still an illegal plant according to federal law no matter what Oklahoma says. In fact if I do plant it, not only arrest, but the chance of losing the wheat base on the land of planted crops outside of the regs. County NRCS and FSA reps have been told by their Washington DC bosses to keep their mouth shut about industrial hemp. Yeah, I'm on top of it.
That being said there is a nugget in the current farm bill before congress that might allow industrial hemp to be legalized and even reclassify it into something that wouldn't have an effect of the wheat base the land currently owns.
If and when that happens, the price of industrial hemp will fall into the barely make it year after year just like every other crop. Its called supply and demand. Currently, no matter what the reps of the legal hemp say, there is not one single processing plant in the state of Oklahoma to process any hemp that might be grown and harvested. I hear rumors of some possible startups in the works, but if that fails, it's against federal law to transport across state lines, so basically hemp is currently in the same boat as emu's, ostrich eggs, and worm farms. Great scams that lots of folks bought into and failed at. Pyramid schemes at best.
World markets determine what farmers and beef ranchers make. When the markets are skewed against them with foreign tariffs, the farmers and ranchers in this country can suffer at times. At other times the rains come at just the right time and life is good until next season. Farming and ranching is not a go to work, punch a timecard and go home at the end of the day job. Local, state, federal, and world politics, weather and markets all come into play to make it one more year.
Yeah, I'm sorry you had to tell me about that soybean farmer. Hope he puts in some ethanol based corn next year, but beans might be back. You just don't know.

 

[Dave70968]

Here is the fallacy of your argument. Farmers are free to plant any damned thing they want and do.
If I thought I could make more money on grain sorghum vs beans, I'd plant sorghum.
If I thought I could make more money from industrial hemp than I could by planting wheat, I would.
Farms are not a single purpose facility. Every farmer has options, and your sources are full of BS for focusing on one crop as a point of discussion.
Sorry man, but you can't cherry pick one farmer and call it the death of farming.
BTW, I've been approached by reps of industrial hemp. Huge profits according to them quoting results from Oregon and Colorado that I couldn't verify.
In talks with NRCS and FSA reps, it is still an illegal plant according to federal law no matter what Oklahoma says. In fact if I do plant it, not only arrest, but the chance of losing the wheat base on the land of planted crops outside of the regs. County NRCS and FSA reps have been told by their Washington DC bosses to keep their mouth shut about industrial hemp. Yeah, I'm on top of it.
That being said there is a nugget in the current farm bill before congress that might allow industrial hemp to be legalized and even reclassify it into something that wouldn't have an effect of the wheat base the land currently owns.
If and when that happens, the price of industrial hemp will fall into the barely make it year after year just like every other crop. Its called supply and demand. Currently, no matter what the reps of the legal hemp say, there is not one single processing plant in the state of Oklahoma to process any hemp that might be grown and harvested. I hear rumors of some possible startups in the works, but if that fails, it's against federal law to transport across state lines, so basically hemp is currently in the same boat as emu's, ostrich eggs, and worm farms. Great scams that lots of folks bought into and failed at. Pyramid schemes at best.
World markets determine what farmers and beef ranchers make. When the markets are skewed against them with foreign tariffs, the farmers and ranchers in this country can suffer at times. At other times the rains come at just the right time and life is good until next season. Farming and ranching is not a go to work, punch a timecard and go home at the end of the day job. Local, state, federal, and world politics, weather and markets all come into play to make it one more year.
Yeah, I'm sorry you had to tell me about that soybean farmer. Hope he puts in some ethanol based corn next year, but beans might be back. You just don't know.

Soybeans, ethanaol-based corn...it's all just government subsidies, government picking winners and losers.

You read it here, folks: dennishoddy hopes people choose to take government subsidies, because he's a conservative.

 

[Hobbes]

Here is the fallacy of your argument. Farmers are free to plant any damned thing they want and do.
If I thought I could make more money on grain sorghum vs beans, I'd plant sorghum.
If I thought I could make more money from industrial hemp than I could by planting wheat, I would.
Farms are not a single purpose facility. Every farmer has options, and your sources are full of BS for focusing on one crop as a point of discussion.
Sorry man, but you can't cherry pick one farmer and call it the death of farming.
BTW, I've been approached by reps of industrial hemp. Huge profits according to them quoting results from Oregon and Colorado that I couldn't verify.
In talks with NRCS and FSA reps, it is still an illegal plant according to federal law no matter what Oklahoma says. In fact if I do plant it, not only arrest, but the chance of losing the wheat base on the land of planted crops outside of the regs. County NRCS and FSA reps have been told by their Washington DC bosses to keep their mouth shut about industrial hemp. Yeah, I'm on top of it.
That being said there is a nugget in the current farm bill before congress that might allow industrial hemp to be legalized and even reclassify it into something that wouldn't have an effect of the wheat base the land currently owns.
If and when that happens, the price of industrial hemp will fall into the barely make it year after year just like every other crop. Its called supply and demand. Currently, no matter what the reps of the legal hemp say, there is not one single processing plant in the state of Oklahoma to process any hemp that might be grown and harvested. I hear rumors of some possible startups in the works, but if that fails, it's against federal law to transport across state lines, so basically hemp is currently in the same boat as emu's, ostrich eggs, and worm farms. Great scams that lots of folks bought into and failed at. Pyramid schemes at best.
World markets determine what farmers and beef ranchers make. When the markets are skewed against them with foreign tariffs, the farmers and ranchers in this country can suffer at times. At other times the rains come at just the right time and life is good until next season. Farming and ranching is not a go to work, punch a timecard and go home at the end of the day job. Local, state, federal, and world politics, weather and markets all come into play to make it one more year.
Yeah, I'm sorry you had to tell me about that soybean farmer. Hope he puts in some ethanol based corn next year, but beans might be back. You just don't know.

I don't think I called it "the death of farming"
The death of some farms that planted before the trade war started maybe.

GO hemp farmers!