An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, April 25, 2017
Reuters — U.S. Announces New Tariffs on Canadian Lumber After Trade Spat Over Dairy Farmers
Bob, it's highway robbery, but again, facts don't matter anymore. The MAGA cultists have their own set of alternative "facts" (religion and cult) they cling to no matter what. Faith-based BS with them.
You don't pluck the bird to kill it, but start by clipping the wings so it can't fly away and you can fatten it up and eat it later.
When it comes to globalists, we don't want to turn back free markets, free immigration, free speech, free capital entirely. A few small clips here and there and that bird stops flying. And that's good enough, rather than taking liberalism to the logical extreme, we'll have a few places where less is more.
This is a long game and the benefits enormous to tearing down the economic quackery of orthodoxy, piece by piece, slowly. Designing elegant systems didn't make everyone rich they made everyone in our system poor and everyone outside rich. Look at global poverty numbers, it was a resounding victory for everyone not us. We can have both. They do well, and we do well.
Where you see robbery, we see leadership that ensures that people are not subservient to an unjust system of economic ideology and models. Unpredictable compromises prevent cheating in complex systems and make it harder to game systems. A predictable system, a model, encourages cheating.
Ryan, now the economists are going to start saying "there's a surplus of lumber in Canada! "Meanwhile they have trees coming out of their ass all over the place up there all the time
China needs lumber. US needs jobs. = Fair trade. Our government is out of munnie. Theirs is out of *real* resources. As Matt says, we have surpluses in nearly all resources.
And Canada has hardwoods that are more plentiful than they are down here. The Chinese market is closer to British Columbia than the US is. All they have to do is deliver to the Port of Vancouver, within their own province. Dockers and truckers get work. Quebec can get to the St. Lawrence Seaway within their province and onto Europe. I believe Canada had tariffs on their lumber when the US was logging up a storm. Then the enviros stopped it. So the US went back to Canada for supplies.
No what sick China does is they pull into Vancouver with a factory-slave ship, load up on logs, take them out to international waters and float around for a while while the slaves mill the logs to finish lumber and then go back in to Seattle and sell them for USDs into the US market....
No what sick China does is they pull into Vancouver with a factory-slave ship, load up on logs, take them out to international waters and float around for a while while the slaves mill the logs to finish lumber and then go back in to Seattle and sell them for USDs into the US market....
Thanks, Matt. Knew nothing about this. It's not sicko from the Chinese POV. They're aggressive little buggers, aren't they. We're the ones who are slacking in info and direction.
And MRW don't forget the nice radioactive drywall they sold us when Rummie bought out all of our domestic (non radioactive) inventory and shipped it to Iraq and Afghanistan.... that was a real sweet deal....
The US softwood lumber lobby has lost none of its bite. This means you get to pay more money for an inferior product. Congratulations!
ReplyDeleteBob, it's highway robbery, but again, facts don't matter anymore. The MAGA cultists have their own set of alternative "facts" (religion and cult) they cling to no matter what. Faith-based BS with them.
ReplyDelete"Get even"
ReplyDeleteYou don't pluck the bird to kill it, but start by clipping the wings so it can't fly away and you can fatten it up and eat it later.
ReplyDeleteWhen it comes to globalists, we don't want to turn back free markets, free immigration, free speech, free capital entirely. A few small clips here and there and that bird stops flying. And that's good enough, rather than taking liberalism to the logical extreme, we'll have a few places where less is more.
This is a long game and the benefits enormous to tearing down the economic quackery of orthodoxy, piece by piece, slowly. Designing elegant systems didn't make everyone rich they made everyone in our system poor and everyone outside rich. Look at global poverty numbers, it was a resounding victory for everyone not us. We can have both. They do well, and we do well.
Where you see robbery, we see leadership that ensures that people are not subservient to an unjust system of economic ideology and models. Unpredictable compromises prevent cheating in complex systems and make it harder to game systems. A predictable system, a model, encourages cheating.
Ryan, now the economists are going to start saying "there's a surplus of lumber in Canada! "Meanwhile they have trees coming out of their ass all over the place up there all the time
ReplyDeleteHa ha. Canadian lumber now headed to China instead of the US.
ReplyDeleteChina needs lumber. US needs jobs. = Fair trade. Our government is out of munnie. Theirs is out of *real* resources. As Matt says, we have surpluses in nearly all resources.
ReplyDeleteAnd Canada has hardwoods that are more plentiful than they are down here. The Chinese market is closer to British Columbia than the US is. All they have to do is deliver to the Port of Vancouver, within their own province. Dockers and truckers get work. Quebec can get to the St. Lawrence Seaway within their province and onto Europe. I believe Canada had tariffs on their lumber when the US was logging up a storm. Then the enviros stopped it. So the US went back to Canada for supplies.
ReplyDeleteApparently the enviros are forcing the US timber industry to export record amounts timber.
ReplyDeletehttps://www.fas.usda.gov/data/money-does-grow-trees-us-forest-product-exports-set-record
No what sick China does is they pull into Vancouver with a factory-slave ship, load up on logs, take them out to international waters and float around for a while while the slaves mill the logs to finish lumber and then go back in to Seattle and sell them for USDs into the US market....
ReplyDeleteZombies gotta zombie....
The never-ending story...
ReplyDeletehttps://en.wikipedia.org/wiki/Canada–United_States_softwood_lumber_dispute
No what sick China does is they pull into Vancouver with a factory-slave ship, load up on logs, take them out to international waters and float around for a while while the slaves mill the logs to finish lumber and then go back in to Seattle and sell them for USDs into the US market....
ReplyDeleteWhy? Doesn’t make sense. Gotta link?
Matt, the logs are milled before they reach the Port of Vancouver. That's why they call it lumber.
ReplyDeletehttp://www.futureworld.org/PublicZone/MindBullets/MindBulletsDetails.aspx?MindBulletID=324
ReplyDeleteIt is a completely sicko USD zombie nation....
Thanks, Matt. Knew nothing about this. It's not sicko from the Chinese POV. They're aggressive little buggers, aren't they. We're the ones who are slacking in info and direction.
ReplyDeleteLibertarian paradise *rolleyes*
ReplyDeleteAnd MRW don't forget the nice radioactive drywall they sold us when Rummie bought out all of our domestic (non radioactive) inventory and shipped it to Iraq and Afghanistan.... that was a real sweet deal....
ReplyDelete