Friday, May 02, 2025

2025 Daily - 05/2/2025 - tariffs, resources... reliability

 

So -- went to Rotary on zoom this morning -- ok.... a ecology quiz and thanks from Ukraine students for scholarships... THEN: onto a yolo reliance morning/afternoon program -- did some meditation, tapping, and art... and breathing and a sound thing... ALL good for SELF-CARE...

Then - listened to economic news on radio and was reminded of my thought/question about tariffs and about foreign resources....

SO - about tariffs - the problems with the Trump Tariffs (TT's) are two fold. One is their effect on consumer prices and the other is the effect of his action whims make us unreliable partners. NO agreement is sure. No treaties are certain. The question is: does he have the constitutional power OR has he been delegated that power by Congress? IF so -- can Congress take that back and would that restore our credibility now and in the future?

About foreign resources... the general thought about cheap inports is that they are based on poor working conditions and poorly paid workers. However another/additional factor is that raw materials are being imported and their costs are lower that ours because of labor costs and maybe also because that is what certain countries can export and pricing is competitive as well as based on labor costs. A point is... take lumber for an example: we import lumber at a good price while supposedly/HOPEFULLY - growing our own lumber for some future when foreign(imported) lumber is exhausted!!! Good for us .. right? Oil is similar. Our reserves are in the ground while we take/buy oil from other countries until theirs is exhausted... Good for us... right? OUR exports are somewhat renewable...?? - maybe -- i.e. crops grown each year and while they may exhaust our soil ... maybe we are able to maintain soil quality with fertilizers and crop rotations, etc.. 

Back to reliability ... we really must restore our honor and reputation! A good name... is primary!

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