14 thoughts on “NABE on Trade Policy

  1. pgl

    OK the NABE had nothing to do with this but this is FUNNY!

    Sen. JD Vance (R-OH) listens during a news conference on the U.S. Southern Border at the U.S. Capitol on February 06, 2024 in Washington, DC. (Photo by Anna Moneymaker/Getty Images)
    Sen. JD Vance (R-OH) listens during a news conference on the U.S. Southern Border at the U.S. Capitol on February 06, 2024 in Washington, DC. (Photo by Anna Moneymaker/Getty Images)
    © provided by AlterNet
    During 2024 GOP vice presidential nominee JD Vance’s Kenosha, Wisconsin press conference Tuesday, the Ohio senator took aim at his opponent, Minnesota Governor Tim Walz, ahead of the pair’s first debate next month.

    Milwaukee’s local WISN 12 News notes that “This is the third week Vance has visited Wisconsin in a row, underlining the state’s importance as a key battleground in the upcoming 2024 elections.”

    CNN’s Harry Enten reported last week that along with battleground states Michigan and Pennsylvania, Wisconsin’s MAGA voters were starting to lean toward Harris.

    READ MORE: Ex-governor slams Vance for helping ‘biggest draft dodger’ Trump attack Walz’s service record

    During Vance’s press conference, one reporter noted that Donald Trump tapped 2020 GOP presidential candidate Tulsi Gabbard to assist him with preparation for the debate. “How are you preparing for your debate with Tim Walz?” the reporter asked the right-wing lawmaker. Vance replied, “I have a friend who embellishes and lies a lot, I’m having him stand in for Tim Walz.” Writer Hemant Mehta replied: “Nice of Trump to help Vance with debate prep.”

    Yep – Vance walked right into that one. After all – he is not very bright!

  2. pgl

    I wonder what the folks at NABE think about this?

    Kroger sues government for blocking merger with Albertsons
    https://www.msn.com/en-us/money/companies/kroger-sues-government-for-blocking-merger-with-albertsons/ar-AA1p7nyN?ocid=msedgdhp&pc=U531&cvid=5b0b53058ab2424fa34565c32969c831&ei=18

    Kroger announced that it has filed a lawsuit against the Federal Trade Commission as the government agency has stood in the way of the company’s proposed merger with Albertsons. Kroger is attempting to stop the FTC from administrative proceedings that challenge the merger of the two large grocery chains. The company argues that the administrative proceedings violate constitutional protections while the government also takes the issue to federal court. Kroger wants the merger only to be decided in federal court. “The merger between Kroger and Albertsons is squarely focused on ensuring we bring customers lower prices starting day one while securing the future of good-paying union jobs,” said Rodney McMullen, Kroger CEO. “We stand prepared to defend this merger in the upcoming trial in federal court – the appropriate venue for this matter to be heard – and we are asking the Court to halt what amounts to an unlawful proceeding before the FTC’s own in-house tribunal.”

    The CEO of Kroger is not interested in paying higher wages and charging customers lower prices which is precisely why he wants to merge with a competitor.

  3. pgl

    Kroger, Albertsons reach tentative labor deal in SoCal
    https://www.supermarketnews.com/retail-financial/update-kroger-albertsons-reach-tentative-labor-deal-socal

    ‘After six months of negotiations, United Food and Commercial Workers (UFCW) employees at more than 500 Ralphs, Albertsons, Vons and Pavilions stores in Southern California yesterday reached a tentative agreement with The Kroger Co. and Albertsons Cos.’

    UFCW had to go on some prolonged strikes before these groceries even gave them the right to unionize. Do not let the CEO of Kroger get away with his lies about how he cares about workers or customers.

  4. pgl

    Jonah Momma’s Boy Goldberg must think he is so cute as he joins the fun attacking Kamala Harris on her ideas to bring the cost of certain foods under control. Of course, Momma Boy’s babbling proves only one obvious thing – he is a moron. In fact he claims the entire high price of food thing is a myth:
    https://www.latimes.com/opinion/story/2024-08-20/kamala-harris-inflation-price-gouging-election-2024-jonah-goldberg

    ‘By almost any measure, eggs and other staples have become much, much cheaper over the last century. Recent spikes in food prices were just statistical noise in that broader trend with well-known causes: the COVID-19 pandemic, supply chain snarls, avian flu and general inflation.’

    I guess the reason Momma’s Boy is so incredibly fat is that he can afford eggs, bacon, and the like. But have eggs prices fallen in real terms? A dozen eggs cost $0.88 back when Jimmy Carter was President so $3.08 a dozen today is 3.5 times the nominal price back then. The Personal Consumption Expenditures: Chain-type Price Index rose by a factor of 3.28. Now I do not have these prices back to 1924 but neither does Momma’s Boy. Could someone tell this lazy, fat, and stupid troll he is not writing for the National Review anymore?

    1. Ivan

      It is just funny to see how they shoot themselves in the foot. Supposedly there has been huge inflation during the Biden administration which Trump will fix. But when Kamala being presenting policies to fix high food inflation prices then the price of food is not high anymore. Its like they can’t even agree which of their own little footsies they want to shot.

      1. pgl

        Exhibit A: Bruce Hall. Whines about high beef prices … BLAME BIDEN! Propose to eliminate market power for the processors and this two faced clown pulls out some spin from the Meat Institute.

  5. joseph

    Michelle Obama: “Who’s going to tell Trump that job he’s seeking might just be one of those ‘black jobs’?”

  6. pgl

    https://www.msn.com/en-us/money/companies/kroger-prices-10-5b-of-senior-notes/ar-AA1p8ACh?ocid=msedgdhp&pc=U531&cvid=e54a7d8f5cb642929702f7ec3b7a28e7&ei=14

    The Kroger (NYSE:KR) announced that it has priced a public offering $10.5B senior notes.
    It priced offering of $1.0B of its 4.700% Senior Notes due 2026 at 99.996 percent of par; $1.0B of its 4.600% Senior Notes due 2027 at 99.980 percent of par; $1.4B of its 4.650% Senior Notes due 2029 at 99.895 percent of par.

    It priced $1.3B of its 4.900% Senior Notes due 2031 at 99.961 percent of par; $2.2B its 5.000% Senior Notes due 2034 at 99.747 percent of par; $2.1B of its 5.500% Senior Notes due 2054 at 99.588 percent of par; and $1.5B of its 5.650% Senior Notes due 2064 at a price of 99.555 percent of par.

    Pretty decent borrowing rates considering its credit rating is BBB.

  7. Steven Kopits

    I don’t like survey questions posed like this.

    “Maintain existing tariffs on Chinese goods”. 40% support, but it’s the third highest category in terms of support. So does the public support continued tariffs on China or not? I can’t tell.

      1. Moses Herzog

        @ Menzie Either way, I find 40% to be a pretty shockingly high number for credentialed economists, especially if one were to dig deep to find out what percent of the 40% thought inflation had been too high the last 1-2 years.

        The fact they are credentialed almost makes it worse, does it not??

    1. pgl

      Dude – it is the National Association of Business ECONOMISTS. Now they may not be Nobel Prize winners but I bet they know more about international trade than you do. Oh wait – most 3 year olds know more about international trade than you do.

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