Subj : Re: I watched the 'talk'
To   : MIKE POWELL
From : Rob Mccart
Date : Wed Mar 12 2025 01:21:00

RM>> The sale of oil to you will continue even if Trump puts
  >> his threatened 10% tariff on it. Trump wants the profit from that
  >> even if it costs you guys an estimated $10 more for a tank of gas.

MP>If Trump were smart, he'd make an exception for oil "imported" into the US
  >just to be turned into gasoline to be "exported" back to you all.

I think that was one of the things that showed Trump is in it just for
the money he can make. Tariffs on oil which mostly goes to make gas
and such for your country has no benefit other than costing you all
more money, which is all going to your government.

MP>The constant tariff yo-yo is not doing either country any good.  It has
  >not helped our stock market at all.  Canada learning to become more
  >self-reliant really won't help us, but at least it will help you all out a
  >whole lot in the long run.

Time will tell. I think everything he plans will be scaled down as
people and huge corporations realize how much it is going to cost
them when few of them will get any benefit from it. Theoretically
some new jobs will be created but I'm not sure there will be nearly
as many jobs created as are lost due to the tariffs. The only winner
will be the government raking in the tariffs..

They have already said that tariff money here will be used to
support people who the tariffs hurt, like grants to companies
trying to stay afloat and subsidizing pay for people who would
have been laid off so the company can keep on all the workers
working fewer hours but still paid close to their full time
salaries and retaining their company benefits.

I don't think you'll hear Trump offer that. He may say something
about cutting taxes, but most of those cuts will likely benefit
the rich more than the poor.

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 * SLMR Rob  * A beer is an acceptable alternative to almost anything
 * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)

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