tag:blogger.com,1999:blog-6616959642391988608.post4090416426199817831..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Small business optimism is hugeScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-6616959642391988608.post-4795658854541341792019-06-06T01:24:47.535-07:002019-06-06T01:24:47.535-07:00When financing a home, giving a large down payment...When financing a home, giving a large down payment is going to result in a lower mortgage rate. For buyers that are seeking to work at home, the function room may be a great alternate for those residents to use at the comfort of their own improvement. You are curious to know more about piermont grand, <a href="https://www.patreon.com/posts/how-bedzt-to-go-27375151" rel="nofollow"><b>visit here</bChristopher robarthttps://www.blogger.com/profile/03064723138526310113noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82027775677040506192019-06-05T23:16:17.131-07:002019-06-05T23:16:17.131-07:00Just glad everybody is fine. At the core of the ce...Just glad everybody is fine. At the core of the censorship narrative is a feeling that conservatives are locked out from one of the strongest and influential industries in the nation. If you are curious to know more about Fire Watch Services, <b><a href="https://www.launchora.com/story/fire-can-be-helpful-but-at-the-same-time-damaging" rel="nofollow">Read Me</a></b>.oliver smithhttps://www.blogger.com/profile/02123341760956679829noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41659433800136154172018-08-18T09:20:57.836-07:002018-08-18T09:20:57.836-07:00steve: Was the American voter stupid to elect Trum...steve: Was the American voter stupid to elect Trump? I wouldn't underestimate Joe just yet.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-90642539043677273932018-08-18T05:09:39.661-07:002018-08-18T05:09:39.661-07:00The Nov elections will be super interesting. Barri...The Nov elections will be super interesting. Barring some exogenous affect, the economy is smoking and despite the trade nonsense as Scott points out almost all US business is benefiting and therefore almost all US citizens are too. I heard on CNBC yesterday that workers in the LOWEST quintile of earning have seen the largest increase over the past 12 mos.<br />BUT will that convert to a GOP win?stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15550611691325560442018-08-17T17:12:58.318-07:002018-08-17T17:12:58.318-07:00Well, I am the oddball here. I see US tariffs on E...Well, I am the oddball here. I see US tariffs on European and Chinese imports as a reasonable counter balance to export subsidies.<br /><br /> Free markets do not work if price signals are bogus, which they are on exports from Europe, China and even Singapore and other Far East nations. The prices do not reflect the amount of resources consumed to make the products and services.<br /><br /> ChinaBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-26137451868580279912018-08-17T12:03:30.823-07:002018-08-17T12:03:30.823-07:00Big news flash today: China and US will hold trade...Big news flash today: China and US will hold trade talks next week, with the objective of resolving their trade issue prior to a November meeting between Trump and Xi. The US delegation will be headed by David Malpass, a long-time friend and excellent economist with plenty of international experience. This is very auspicious.<br /><br />I'm seeing lots of news to the effect that Xi is gettingScott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-76515845461800442272018-08-17T11:51:37.334-07:002018-08-17T11:51:37.334-07:00I think you should take Trump at face value rather...I think you should take Trump at face value rather than trying to glean a strategy or objective or rational thought. Trump acts to attack his perceived enemies: Obama, elites, liberal media, blacks, etc. Sometimes the resulting outcome or policy aligns with your preference. Sometimes not. In the case of trade, I suspect that trump considers most but not all foreign leaders part of the "eliteCharliehttps://www.blogger.com/profile/04163738909524521887noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15040952210500069442018-08-16T07:57:19.750-07:002018-08-16T07:57:19.750-07:00This comment has been removed by a blog administrator.Tutors in USAhttps://www.blogger.com/profile/18383682088653104871noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32995777555505733202018-08-16T04:05:15.119-07:002018-08-16T04:05:15.119-07:00Tariffs (taxes) raise prices on consumers. The LAC...Tariffs (taxes) raise prices on consumers. The LACK of tariffs lower prices. Period and end of story.stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-36480573998580713152018-08-15T17:42:31.754-07:002018-08-15T17:42:31.754-07:00Steve- for sure, I am out of step with orthodox ma...Steve- for sure, I am out of step with orthodox macroeconomists who insist that no US tariffs are the pathway to economic nirvana.<br /><br /> It is interesting to ponder the David Ricardian graph of comparative advantage and optimized output within the context of heavy export subsidies. <br /><br /> U.S. tariffs on goods from China and Europe will propel those regions to reallocate resources to Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-10221762191706386512018-08-15T17:07:23.844-07:002018-08-15T17:07:23.844-07:00Houston Advisor: I don't agree that "The ...Houston Advisor: I don't agree that "The bond market is signaling less-than-stellar outcomes from these economic policies." Since Trump was elected, real yields on 5-yr TIPS have risen by about 110 bps. That's a clear sign that the bond market is pricing in stronger growth expectations. Moreover, real GDP growth has picked up in the past six quarters. However, as I've Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-30469675074549957022018-08-15T16:38:45.794-07:002018-08-15T16:38:45.794-07:00DT’s approach reminds me of the old saying “the fl...DT’s approach reminds me of the old saying “the floggings will continue until morale improves.”Johnhttps://www.blogger.com/profile/06365403570563730880noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-18138419382421041132018-08-15T10:57:09.078-07:002018-08-15T10:57:09.078-07:00Steve, My guess is that everyone reading this blo...Steve, My guess is that everyone reading this blog agrees that DT's bluster against good corporate business decisions (i.e. Harley) is misguided, damaging and embarrassing.<br />The tariff question is more subtle (and opaque). We are told that the goal of the current tariffs is to ultimately reduce and eliminate tariff. So the question is not about the goal, but the tactics. I cringe at minnesota nicehttps://www.blogger.com/profile/00727666702361173951noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4631996224361217222018-08-15T07:51:24.417-07:002018-08-15T07:51:24.417-07:00The bond market is signaling less-than-stellar out...The bond market is signaling less-than-stellar outcomes from these economic policies. Real Growth looks anemic, but the Faux Press will praise the Nominal Growth to the ignorant electorate. Houston Advisorhttps://www.blogger.com/profile/06242764620039019111noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-69827082834516657402018-08-15T04:25:42.447-07:002018-08-15T04:25:42.447-07:00Benjamin, given that you have contributed perspica...Benjamin, given that you have contributed perspicaciously over the years I find it mind boggling that you can agree with using tariffs to fight tariffs. Allow me to follow my thinking of ZERO tariffs by the US re China specifically.<br /><br />So China imposes a tariff on steel coming into their country and we do not reciprocate in kind. The result The Chinese must buy more expensive steel or stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43884753822396567742018-08-15T00:48:11.691-07:002018-08-15T00:48:11.691-07:00Maybe Trump is right about tariffs.
For example,...Maybe Trump is right about tariffs.<br /><br /> For example, China provides free land and capital to export industries. <br /><br /> Ergo, the price signal is meaningless in regard to China exports. Without an accurate price signal, there is no efficient resource allocation. China can obtain market share using less efficient plant and equipment. <br /><br /> In this case, if the US applies a Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41296247506684567532018-08-14T20:03:46.625-07:002018-08-14T20:03:46.625-07:00Scott, I do wish I were as optimistic as you regar...Scott, I do wish I were as optimistic as you regarding President Trump's use of tariffs as a negotiating tool to get lower tariffs, possibly all the way to zero. I suppose I am very cautiously hopeful. Something needed to be done to reach a level global playing field, but I do hope we don't get a global recession instead where no one is happy. <br /><br />At the same time these tariffs WealthMonyhttps://www.blogger.com/profile/04230914888633165083noreply@blogger.com