Tom Cotton says sacrifice of Americans paying tariffs is "minimal" compared to those serving oversea
Source: CBS
As the U.S. and China inch closer to an all-out trade war, Arkansas Sen. Tom Cotton says that the sacrifice Americans will pay for President Trump's tariffs are "minimal" compared to those serving overseas. President Trump has maintained that Americans would not be fronting the brunt of the cost for tariffs, but many, including the president's own economic adviser, say they will.
"There will be some sacrifices on the part of Americans, I grant you that, but I also would say that sacrifice is pretty minimal compared to the sacrifices that our soldiers make overseas that are fallen heroes that are laid to rest in Arlington make," Cotton told "CBS This Morning" when asked about the impact of tariffs on farmers in his own state of Arkansas.
Cotton, the author of "Sacred Duty: A Soldier's Tour at Arlington National Cemetery," said that in the long term, the goal is to make sure that the U.S. "remains preeminent as a global super power both in the economic and the security" worlds.
The price tag for that "preeminence" on the average American family, according to trade experts falls between $700 to $1,000.
Read more: https://www.cbsnews.com/news/tom-cotton-says-sacrifice-of-americans-paying-tariffs-is-minimal-compared-to-those-serving-overseas/?ftag=CNM-00-10aab7e&linkId=67320048
Link to tweet
What an odious pos.
saidsimplesimon
(7,888 posts)What an odious pos.
Zoonart
(11,748 posts)the war effort. The war on America being waged by Donals Trump? WTAF?
duforsure
(11,882 posts)When they got screwed over from stupid dufus tricks that backfired too! Where's our refunds from stupid policies?
SWBTATTReg
(21,856 posts)lagomorph777
(30,613 posts)or something like that.
badhair77
(4,191 posts)compared to the sacrifices that our soldiers make overseas.
The sacrifice of the orange one resigning would be minimal compared to the sacrifices that our soldiers make overseas.
Seriously, we could do this all day and I like the options I proposed better than paying tariff money.
matt819
(10,749 posts)This is beyond idiotic.
How do you have a rational discussion with people this fantastically stupid?
sinkingfeeling
(51,275 posts)military and how much he (rich, spoiled, racist) sacrificed for the country.
dem4decades
(11,241 posts)Due to the tariffs.
Iliyah
(25,111 posts)Shakes head.
msongs
(67,193 posts)NCjack
(10,279 posts)Sen. Cotton minimizes their sacrifices to protect the riches of the rich.
Mr.Bill
(24,103 posts)the people serving overseas volunteered for it when they joined the military, and are given compensation they agreed to for doing so.
mr_lebowski
(33,643 posts)about the sacrifices of our soldiers ... Pimping his book was likely the only reason he was on the broadcast to begin with.
still_one
(91,945 posts)disaster an all out trade war is
It isn't just China either, European autos are now be threatened to be part of this
smoot hawley tariff act worked real well for Hoover, when he disregarded the financial experts who told him to veto it, and they f**king republicans are following the same script
I am to the point that Americans are getting exactly what they deserve.
The lessons were not learned from 2000, and in 2008 when we were on the brink of an economic implosion, President Obama and his administration pulled us back from the brink, and into recovery.
However, when 2016 came about, all was forgotten, and we are now facing as serious a problem as we did in 2008
jmowreader
(50,447 posts)The president we have now is completely incapable of doing what needs to be done to fix the looming disaster.
lagomorph777
(30,613 posts)That's how we got FDR.
We need an FDR now (but minus the racism).
jmowreader
(50,447 posts)Hoover was actually trying to help the US economy. The Smoot-Hawley Tariff Act was designed to stimulate domestic production by making it more expensive to import than to manufacture here...and according to history, in the first few months the tariff was in operation it worked as advertised.
Unfortunately for anyone who likes tariffs, if ANYTHING goes wrong in the world - like the Austrian central bank collapsing - the whole thing goes to shit.
Today's Republican believes in "starve the beast" economics. They really, really, REALLY want to get rid of social programs. ALL social programs. They don't like food aid to the poor, cash aid to the poor, medical aid to the poor, government-funded health insurance for the elderly, government-funded retirement programs, ANYTHING. The whole intent of anything a Republican comes up with is to deplete the treasury so bad that the Democrats will knuckle under and say "fine, fine, you win, get rid of (insert name of program they want to destroy today)." (And then, naturally, they will go on every right-wing talk show and claim it was the Democrats who got rid of that program, and they'll repeat it incessantly so all the people the GOP just fucked will run straight to the polls and vote the Democrats out.)
Add to my list of campaign promises if I ever run for president: As your leader my first official act in office will be to declare the Republican National Committee a terrorist organization.
lagomorph777
(30,613 posts)Trump/Putin's goal is pretty obvious: Destroy America so Putin can rule the world.
Hekate
(90,189 posts)pamdb
(1,331 posts)Who the fuck cares what the Bates motel guy says about anything. And what the hell does the ability to make living for ones family have to do with having been in the military? He's disgusting.
modrepub
(3,467 posts)Have no idea what this Senator means. In his defense, looking at the comments sections for any articles on this subject really tells you most people have no idea how the economy works. They think if they raise prices on Chinese imports, instantaneously those items will be replace by American-made products and people will be employed in these instantaneous new industries.
I think we watch too much TV and play too many video games because people seem to be under this false impression that you can create an industry from thin air to replace something you wreck. China didn't become a manufacturing giant overnight, and much of our manufacturing base closed up shop in the late 90s and early 00s. It could come back but it will take lots of capital to rebuild and lots of training to get the right employees to work in these jobs. It ain't going to happen overnight. In the mean time, goods cost more, people loose their jobs (in shipping for example), and the economy will suffer. True capitalism minimizes costs to provide the goods people demand. All this other extraneous crap people are pushing (safe guarding trade secrets, keeping America's industrial base vital) isn't following capitalistic principles and will create market inefficiencies and waste resources in the long run.
Linda Ed
(492 posts)Only the people who fell for the Mexico-will-pay-for-it gag will fall for the China-will-pay-for-it gag...The bobbleheads will fall in line of course,,,,,I posted yesterday that China would retaliate and more than likely make demands now for the loans they gave USA..
He cant even get his friends on Wall Street to buy this nonsense:
https://www.cnbc.com/2019/05/12/goldman-trump-tariff-costs-fall-entirely-on-us-businesses-households.html
Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen entirely on American businesses and households, with a greater impact on consumer prices than previously expected.
Grins
(7,132 posts)What about the sacrifices of children in cages. Tommy?
And it you really want to "Support Our Troops!!", you could....raise taxes....!
Why is this weasel on TV?
lagomorph777
(30,613 posts)jmowreader
(50,447 posts)If I was a senator from a rice-growing State I wouldnt be very happy about a trade war with China.
marble falls
(56,358 posts)lower classes.
As a vet myself I think Cotton should be slapped for trivializing our service. This is about income redistribution and not a darn thing about any obligation to the Republic.
Vinca
(50,168 posts)oasis
(49,150 posts)BumRushDaShow
(127,289 posts)elleng
(130,126 posts)Got it, idiot?
enki23
(7,786 posts)for the larger sacrifice of soldiers who died for the right of Republicans to force them to give birth to their rapist's child.
This shit works for everything.
Maeve
(42,224 posts)F-O, Cotton
patphil
(6,028 posts)But then it would be typical for Senator Cotton.
It's like comparing Soybeans and bullets.
Our soldiers get to both put their lives on the line, AND pay to higher cost of goods that result from a tariff, AND struggle to sell their farm products during a tariff war.
The real damage is to the manufacturing sector and the farmers. The individual price is fairly high for most American families, but the collective damage is to jobs in the affected industries.
And speaking of farmers, most family run farms don't have a lot of extra cash lying around to carry them over from year to year.
If the cost of farm equipment and other goods they need goes up, and they can't sell their crops...well, it could spell the loss of their farm.
You would think that someone who grew up on his family's cattle farm would have a better understanding of how hard it is for many farmers to stay solvent.
But then he is a republican, and...well there isn't a lot of concern for lower and middle class people there.
Patrick Phillips
lanlady
(7,133 posts)Most military families I know aren't exactly drowning in cash. This tariff tax will hurt them too.
BlueStater
(7,596 posts)Those two things have nothing to do with each other. It's beyond embarrassing that dipshits like this are able to become lawmakers in this country.
riversedge
(69,713 posts)control for trump. Shame that he has to bring in the troops . damn
riversedge
(69,713 posts)Hong Kong Cavalier
(4,571 posts)What a fucking tool he is.
Maxheader
(4,366 posts)Turbineguy
(37,206 posts)our Soldier's sacrifice is completely unnecessary too?
Yo_Mama_Been_Loggin
(107,063 posts)and he can straighten those commies out.
JDC
(10,081 posts)more wrapping himself in the flag to excuse shot decision making.
When our economy goes in the toilet, he will make another excuse, no doubt service comparison related.
Politicub
(12,163 posts)TeamPooka
(24,155 posts)YOHABLO
(7,358 posts)I might also add, which people on the right and left really hate to hear, is that our military is all volunteer.