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I like the interest bearing saving & checking versus equity purchases for the utility fund because of easy access. There is no need to "time" the market. Grab-And-Go.

And, it's handy for emergencies. The car got stolen & has to be quickly replaced. I'll "borrow" from the utility account. When the market is next proper, I'll sell some equities or take from other investments to repay the loan to myself.

For long term investing, I have the usual equities, IRAs and such.
Who'da thought, Irish Republican Army.
 
Her $10 in tax on $99 dividends is just 10.1% tax. That's not too bad. If they eliminate income tax how does the government get revenue. A flat tax or revenue from tariffs would be completely regressive and would really hurt lower income people. High income folks would love it though. A lot of folks think a flat tax would be great but the rate would be a lot higher than what people think to produce the current revenue let enough revenue to actually pay what we spend plus something toward what we have already spent to maybe *gasp* reduce our debt.
Interesting, to me, was Obama-mama & beijing joe's moves to create a consumer nation, the world in general supplying our needs. thank god they failed.

It will never come to pas, that our revenue source returns to what we produce and export.

Where religious organization and community groups adopted the responsibility of caring for each other.
 
Interesting, to me, was Obama-mama & beijing joe's moves to create a consumer nation, the world in general supplying our needs. thank god they failed.

It will never come to pas, that our revenue source returns to what we produce and export.

Where religious organization and community groups adopted the responsibility of caring for each other.
The US has been on the path to a service economy since the 80's when congress incentivized companies through the tax code to offshore manufacturing. Companies closed plants here and built them overseas for the cheap labor and higher profit. That was long before the Obama or Biden administrations. Covid finally exposed the danger of closing all our manufacturing here.
 
The US has been on the path to a service economy since the 80's when congress incentivized companies through the tax code to offshore manufacturing. Companies closed plants here and built them overseas for the cheap labor and higher profit. That was long before the Obama or Biden administrations. Covid finally exposed the danger of closing all our manufacturing here.
Yes, I'm well aware of the maquiladora program, slick-willy's closing the last U.S. Pharma mfg. and the millions of taxpayer dollars earmarked during the OB/BJ admin, some of whom weren't even in business for a year, being sold the the Chinese.

maquiladora

In 1993 the United States, Mexico, and Canada adopted the North American Free Trade Agreement (NAFTA), which created the “Free Trade Zone” among the countries. This led to new American-owned assembly plants in Mexico and greater trade between the two countries. These maquiladoras make it possible for American companies to produce lower-priced goods because of the lower labour costs, but they can also diminish job opportunities for American workers. The latter was a hotly debated issue in the United States, and it contributed to a renegotiation of NAFTA in 2018 that resulted in a new trade accord, the United States–Mexico–Canada Agreement (USMCA). Under the USMCA, which went into effect in 2020, in order for a car or truck to be exempt from tariffs, 75 percent of its components would have to be manufactured in North America; NAFTA had only required 62.5 percent. The agreement also mandated that at least 30 percent of work on tariff-exempt vehicles be done by workers earning at least $16 per hour (significantly more than Mexican labourers received).
 
Covid finally exposed the danger of closing all our manufacturing here.
Excellent Pint, 68Bucks!
Imagine if there is ever a war with, or sanctions from, one of the countries upon whom we depend to build things. Who is going to make the materials?

It won't be like World War II when the many, many United States and Canada based factories (plus the hundreds of small machine shops) all kicked into production of military and civilian support items.

When I'm out and about, I see dozens and dozens of closed shops and factories. All have been sitting vacant for years, if not decades- block after block of them. At least the tank plant is still running. But where will they get materials?
 
trump imposes 25% tariffs on canadian steel and aluminum . He was not supposed to do this we had a deal NAFTA in 2018 that resulted in a new trade accord, the United States–Mexico–Canada Agreement.that trump negotiated. now he starts dumbest trade war , wall street Journal
https://www.wsj.com/opinion/donald-trump-tariffs-25-percent-mexico-canada-trade-economy-84476fb2
Remember this day , write down how much you paid for gasoline , beer , eggs, bacon ect. put it in a drawer and look back , mexico , canada and china wil put 25% tarifs on all thing coming from the usa.
 
When I'm out and about, I see dozens and dozens of closed shops and factories. All have been sitting vacant for years, if not decades- block after block of them. At least the tank plant is still running. But where will they get materials?
They still support the Lima Tank plant with materials? I was on Tanks for 5 years, they are real fun until you throw a Track, that's an Hours long operation... Torsion bars also.
 
trump imposes 25% tariffs on canadian steel and aluminum . He was not supposed to do this we had a deal NAFTA in 2018 that resulted in a new trade accord, the United States–Mexico–Canada Agreement.that trump negotiated. now he starts dumbest trade war , wall street Journal
https://www.wsj.com/opinion/donald-trump-tariffs-25-percent-mexico-canada-trade-economy-84476fb2
Remember this day , write down how much you paid for gasoline , beer , eggs, bacon ect. put it in a drawer and look back , mexico , canada and china wil put 25% tarifs on all thing coming from the usa.
Other Countries already have high tariffs on the US. They might drop theirs down to match ours. The China tariffs are to influence them to crack down on Fentanyl production. The tariffs are also to protect US factories and jobs. The other Countries can't compete with our economy and they will fold, hence the pause on Canada and Mexico tariffs that took a mere hours for Canada and Mexico to bend and provide troops and Police for both borders.

https://nypost.com/2025/02/10/busin...ocal-tariffs-here-are-possible-risks-rewards/
 
trump imposes 25% tariffs on canadian steel and aluminum . He was not supposed to do this we had a deal NAFTA in 2018 that resulted in a new trade accord, the United States–Mexico–Canada Agreement.that trump negotiated. now he starts dumbest trade war , wall street Journal
https://www.wsj.com/opinion/donald-trump-tariffs-25-percent-mexico-canada-trade-economy-84476fb2
Remember this day , write down how much you paid for gasoline , beer , eggs, bacon ect. put it in a drawer and look back , mexico , canada and china wil put 25% tarifs on all thing coming from the usa.
I was shocked when I did a shop and deliver the other day and a person ordered a 2 pack 18 count eggs and they were $16
Screenshot_20250211_154402_Walmart.jpg
How about where you are?
Bird flu apparently last forever it seems.
 
That's the exact same price for those eggs at Wally World here, but those people didn't do their research because their cage free Great Value are $6 for a Dozen... Their Organic Marketside are $6.10.

Organic 12 packs at other grocers are $5.25.
 
Last I heard was that we import 20% of our products needed from Canada. Raising the tariffs allow competing USA made products to be equal or less in cost. This increases production, therefore reducing our costs to produce them internally. It also increases employment here in the good ol' US of A.

In my opinion, every country should produce to its fullest abilities, and if not, they need to pay the piper.

I'm still steaming that Saudi Arabia has prohibited hay farming in their own country, because of the excess water usage. This causes that country to purchase farms in Arizona and California, with unlimited water, to produce hay, which 100% is exported back into Saudi Arabia. This has never been fair, and I support banning other countries from buying land in the USA.
 
And then, there is the Interstate Commerce Clause.

Back in the 40's & 5o's, we had a truck registered in 3 states, when we'ed cross the border, we'ed switch lic. plates.

Fun stuff.
 
Last I heard was that we import 20% of our products needed from Canada. Raising the tariffs allow competing USA made products to be equal or less in cost. This increases production, therefore reducing our costs to produce them internally. It also increases employment here in the good ol' US of A.

In my opinion, every country should produce to its fullest abilities, and if not, they need to pay the piper.

I'm still steaming that Saudi Arabia has prohibited hay farming in their own country, because of the excess water usage. This causes that country to purchase farms in Arizona and California, with unlimited water, to produce hay, which 100% is exported back into Saudi Arabia. This has never been fair, and I support banning other countries from buying land in the USA.
i agree completely 100% free trade. that is what reagan saw when he started this north american free trade agreement. so why is trump stopping all this free trade ? i believe that is not about fentanyl or illegal immigrants but rather he wants canada as the 51st state. he wants to cripple canada to the point that canada joins the usa with all of its great naturals resources that the usa would exploit . buy the way this willn never happen 80% are extremely against this and would rather die than become the 51 state.
A proud canadian .
 
IMHO, Trump just wants to threaten bordering countries to police themselves from drugs and I'll gotten gains. They comply, the tariffs go out the door.
 
Last I heard was that we import 20% of our products needed from Canada. Raising the tariffs allow competing USA made products to be equal or less in cost. This increases production, therefore reducing our costs to produce them internally. It also increases employment here in the good ol' US of A.

In my opinion, every country should produce to its fullest abilities, and if not, they need to pay the piper.

I'm still steaming that Saudi Arabia has prohibited hay farming in their own country, because of the excess water usage. This causes that country to purchase farms in Arizona and California, with unlimited water, to produce hay, which 100% is exported back into Saudi Arabia. This has never been fair, and I support banning other countries from buying land in the USA.
So let's say a widget made is the US cost $10 at the widget store. They also sell Canadian made widgets but they only cost $9. So we slap on a 25% tariff on the Canadian widgets to keep the US widget company in business. So now a Canadian widget costs $11.50. What do you think the odds are the US widget company will raise the price to $11.50 or maybe more? Do you think US widget will bump workers pay or just pocket the increased profit and maybe bump dividends to share holders and maybe somme fat bonuses at the top? You would hope they would add capital to the business to make better or cheaper widgets but that is often not the case. I just fear we will pay the tax (that's what it is basically) and the reward will be spread among a tiny fraction of people.

I think a lot of the inflation cycle we just went through was due to many companies raising prices just because everyone was doing it so why not? This was regardless of if they actually had increase costs or not. Companies will sieze on an opportunity to raise prices whenever they think they can. Having the competition suddenly raise their price by 25% is a green light to raise yours, pure 100% profit for no additional cost or effort. That's one of my concerns with a trade war. It's also unlikely many companies will sink massive capital into production in a high cost country, the US, when it was created by a pen stroke. In 4 years it could vanish just as easily. Not a sound foundation for a business plan.
 
IMHO, Trump just wants to threaten bordering countries to police themselves from drugs and I'll gotten gains. They comply, the tariffs go out the door.
So say they stick a year. The prices will go up to cover the tariff. Think they will drop if it goes away or will the new higher price be the new baseline? I know where I'd place my bet.
 
So say they stick a year. The prices will go up to cover the tariff. Think they will drop if it goes away or will the new higher price be the new baseline? I know where I'd place my bet.
I bet we both have the same bet......

Also.... conspiracy theory, because I do not trust anything political but hear me out....

Suppose that the borders are shut down to any immigrants except those coming in completely legally. Tariffs causing price increases such as you said.... stale wages for workers...... borders now closed entering/exiting, and now a huge percent of the populace is completely dependent on the government for basic needs.

Keep in mind, I do not follow politics more than just sporadically, which is probably why my brain gathered this scenario, and I am also a master catastrophizer from years of off and on fight or flight response r/t clawing my way out of teen parent,high-school dropout, former homelessness and multiple years of on and off coach surfing as well as moving around alot on and off for 6 to 8 years to multiple states.
 

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