2024 Presidential Election Thread

[Uncle Ted]

Not surprising… the fbi is caught doing election interference again:

Embedded Tweet

and MSM is wrong again in their so called “fact checking”:

Embedded Tweet

[Uncle Ted]

Do you have a link for this or are you relying on the same sources Lutnick often uses (i.e., one's ass)? I was under the impression EU tariffs on US autos is around 10% and Japan doesn't have any. The biggest obstruction to U.S. auto sales in those countries is the long-held belief that American auto quality is lousy.

Now do China.

I am very happy with the quality of my Chevy Duramax, which the exception of the EPA required DEF, etc. I am installing a DEF delete soon to fix that.

[Bo Diddley]

Oh brother. Range Rovers all over England.

Yeah, there are now--and they can still be impractical in the inner city. Back in the late 80's not so much. Plus a range rover is smaller than those muscle cars and SUV's I occasionally saw.

[myboynoah]

And also could you imagine driving an American suv around a city like Paris or Amsterdam? Not only would I cost a fortune in gas but you would have a tough time parking it anywhere.

Yes, U.S. auto industry focuses on and excels at producing high value SUVs and trucks. Those just don't translate well to other markets, especially in Europe and Asia. They are more luxury/novelty buys in those markets. When I was in Tokyo U.S. industry couldn't even fulfill the sales quota agreed to under our bilateral auto agreement, after which some kind of tariff would be applied. Never got to that point.

[PaloAltoCougar]

Now do China.

I am very happy with the quality of my Chevy Duramax, which the exception of the EPA required DEF, etc. I am installing a DEF delete soon to fix that.

Do your own studying, although that would require your going beyond the Q/MAGA/Weirdo websites you frequent. But quick tip: you won't find tariffs anywhere near the 100% claim that came from the "good explanation of Trump's tariffs" you provided. If you were a true libertarian and willing to spend more than sixty seconds on any source, you could listen to Jonah Goldberg's The Remnant podcast. The most recent episode is "Tariffs for Dummies," an interesting discussion with trade expert (and Cato Institute Vice President) Scott Lincicome.

And overall American car quality has improved, but foreign appreciation of that improvement continues to lag behind.

[Bo Diddley]

I always wondered how much of a share the US auto companies had the market in the UK, because they sold European specific cars either under their name (Ford) or their affiliates (Chevy=Vauxhall, Opal; Dodge=Fiat). I also remember there was a Ford plant in Southampton where one of our members worked.

[myboynoah]

I always wondered how much of a share the US auto companies had the market in the UK, because they sold European specific cars either under their name (Ford) or their affiliates (Chevy=Vauxhall, Opal; Dodge=Fiat). I also remember there was a Ford plant in Southampton where one of our members worked.

You are correct, Bo. I recall Ford having a design center somewhere in France where they focused on the European market. We would occasionally see some small Ford model in France. GM has a plant in Korea which was established and run by its partner (Daewoo) before GM took it over. It focuses on autos for that market, so its not unusual to see Chevy Malibus in Korea. But those cars are made in Korea.

Frankly, the U.S. auto industry was never that dedicated to shipping cars overseas, it was more focused on preventing foreign makers, especially Japanese makers at the time, from shipping their cars to the U.S. Complaining about market access became the stick the U.S. used in negotiations. The Japanese responded with providing a quota (which U.S. makers were never going to achieve) and decided to make cares in the U.S.

[Uncle Ted]

Do your own studying, although that would require your going beyond the Q/MAGA/Weirdo websites you frequent. But quick tip: you won't find tariffs anywhere near the 100% claim that came from the "good explanation of Trump's tariffs" you provided. If you were a true libertarian and willing to spend more than sixty seconds on any source, you could listen to Jonah Goldberg's The Remnant podcast. The most recent episode is "Tariffs for Dummies," an interesting discussion with trade expert (and Cato Institute Vice President) Scott Lincicome.

And overall American car quality has improved, but foreign appreciation of that improvement continues to lag behind.

Here's a 100% tariff on cars... Biden announces 100% tariff on Chinese-made electric vehicles

[PaloAltoCougar]

Here's a 100% tariff on cars... Biden announces 100% tariff on Chinese-made electric vehicles

Your source was speaking of tariffs on US exports. The aforementioned podcast doesn't speak well of either Biden's or Trump's tariff policies, although Trump is aiming to do much worse the second time around.

[Uncle Ted]

Your source was speaking of tariffs on US exports. The aforementioned podcast doesn't speak well of either Biden's or Trump's tariff policies, although Trump is aiming to do much worse the second time around.

How about that... Biden beat Trump to the doing 100% tariffs on cars.

[Uncle Ted]

Hey, if y'all are still bullish on Harris-Walz winning now is the time to place your bets...

Embedded Tweet

[Moliere]

The national polls have widened a little bit and Harris seems to be comfortably in the +4 range. That might be the sweet spot where she wins by enough that Trumps claims of election fraud are again not relevant but where she clearly doesn’t have a mandate. The GOP will almost certainly take the senate. That would be the best case scenario from this election. Trump losing. No mandate for Harris. Divided powers between the executive and legislative.

[Maximus]

ill take it. as long as Ted loses

[Jeff Lebowski]

The national polls have widened a little bit and Harris seems to be comfortably in the +4 range. That might be the sweet spot where she wins by enough that Trumps claims of election fraud are again not relevant but where she clearly doesn’t have a mandate. The GOP will almost certainly take the senate. That would be the best case scenario from this election. Trump losing. No mandate for Harris. Divided powers between the executive and legislative.

That would be nice.

[PaloAltoCougar]

Hey, if y'all are still bullish on Harris-Walz winning now is the time to place your bets...

Embedded Tweet

That's old data. The current Polymarket forecast (which the Freakonomics podcast says may be the most accurate predictor since it's tied to current betting trends) sets the current Trump win likelihood at 80-20. Looking forward to Trump fulfilling all of his promises, just like last time! (e.g., health care for everyone at lower prices, no deficit, elimination of national debt, completion of border wall fully paid for by Mexico, etc.). Heaven help us.