Abbott's border policy cost the U.S. almost $9 billion in just 10 days
S E E D E D C O N T E N T
Republican Texas Gov. Greg Abbott's short-lived policy of requiring state troopers to conduct secondary inspections of trucks crossing into Texas from Mexico cost the United States almost $9 billion in just 10 days, Axios reported Tuesday.
The policy, which Abbott enacted on April 6, snarled truck traffic at the border and led to a protest by Mexican truckers that stopped trade at some major crossings. On April 15, Abbott ended the double inspections, for which he'd received withering criticism from both sides of the border and the aisle, after striking deals with the governors of the four Mexican states that border Texas.
Per Axios, Abbott implemented the policy "in response to the Biden administration's announcement that it would lift Title 42," a Trump-era public health policy that denied migrants entry into the United States.
An analysis by the Perryman Group showed that the U.S. lost an estimated $8.97 billion in GDP due to delays at the border, while Texas alone lost $4.23 billion.
Beto O'Rourke, the Democrat contesting Abbott's bid for a third term as governor, slammed Abbott for his costly gambit. "Abbott jacked up inflation, increased prices at our stores, hurt Texas businesses, killed jobs, and shut down billions of dollars in trade ... Abbott says this financial pain is necessary. I say electoral consequences are necessary," he tweeted Tuesday.
Abbott jacked up inflation, increased prices at our stores, hurt Texas businesses, killed jobs, and shut down billions of dollars in trade — all for a little attention from Tucker Carlson.
Abbott says this financial pain is necessary. I say electoral consequences are necessary.
— Beto O'Rourke (@BetoORourke) April 19, 2022
The Cook Political Report rates the Texas governor race as "Likely R."
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In order to run for president in 2024 he has to prove he can "own the libs".
The inspections have stopped. So what's the problem? And please tell us why Title 42 should be lifted now.
And notice all of the articles about this are basing it on "estimated" numbers.
Translation...pulled numbers out of their collective asses.
That's odd. Imports lowers the GDP.
So, stopping imports should have increased GDP.
Say a grocery chain orders 10 truckloads of avocados from Mexico and they all rot in the trucks because of Abbott's policy. They're expecting to make $5,000 profit from each truckload. That $50,000 would be part of our GDP but isn't now because Abbott decided to punish the grocers in his own state.
From your link:
GDP = Consumption + Investment + Government Spending + Net Exports or more succinctly as GDP = C + I + G + NX where consumption (C) represents private-consumption expenditures by households and nonprofit organizations, investment (I) refers to business expenditures by businesses and home purchases by households, government spending (G) denotes expenditures on goods and services by the government, and net exports (NX) represents a nation’s exports minus its imports.
I believe this falls under consumption.
Imports cancels out consumption. Using the formula (as you correctly cited) the terms would cancel each other, in this manner: consumption (of imports) - imports.
Consumers do pay for everything. So, what consumers pay does provide profits. And the profit portion of consumption would add to GDP. But profits do not benefit consumers.
Imports do not cancel out the profit to American companies from the sale of the imports. It's the profit that's part of our GDP.
Yep, that's what I said. Consumers are providing the money for profits and that portion of consumption adds to the GDP.
Kinda explains why the rich get richer, doesn't it?
The avocado ban happened because of threats to our USDA inspectors in Mexico. No inspections, no avocados. It was a good thing for Americans and lasted less than a week if I recall it correctly.
Not since April 14. I read the article you linked Texan. This article that we're commenting on though, isn't about avocados. I've used avocados as an example only.
Kinda left that part out of comment #3 though didn't you.
Did you miss the link in @3 ?
(It's a bit meta but the site coders (TiG if I recall correctly) invested a lot of effort providing that feature. And it works really well. I like it, anyway.)
He should've been removed from office and after he failed his state with the heating crisis costing hundreds of lives and now this absolute atrocity based on spite and political posturing you would think the people would ask for real accountability. Wasting billions on a stunt, hurting the farmers who won't get paid for spoiled goods, truckers that won't get paid because there is nothing to deliver, the American people who will pay higher prices for no other reason than the spiteful petty actions of a governor pulling a political stunt.
Isn't lifting Title 42 a political stunt?
Of course it is. A political stunt to remove the name of Trump from every book and tablet, stricken from all pylons and obelisks, stricken from evry monument of America.
We're just coming out of the Easter Holiday and President Biden must have recently watched The 10 Commandments.
Love the movie reference.
So the left would rather have unsafe Commercial vehicles driving our roads.
Imagine more drivers like Rogel Aguilera-Mederos who killed 4 people because his truck did not meet FMCSA Standards all over the country.
Not at all.
The truck/company nor the driver was from Mexico. He is a legal Cuban Immigrant and working for a US company based out of Houston TX. The company, Castellano 03 Trucking LLC has a history of violations. In turn, the ownership of Castellano is currently the owner of Volt Trucking which has a history of violations, including braking violations. The real question is why were these companies even allowed to operate with this history.
Castellano has ceased operations and the same ownerships has opened another trucking company under the name of Volt Trucking which also has a record of poor maintenance.
Sadly, these fly-by-night trucking operations are prolific throughout the US.
And that is my whole point.
But these are companies based in the US. You really haven't proven your original point
I used Rogel Aguilera-Mederos as an example as to WHY the inspections are needed.
I guess you didn't read Kavika's comment very well did you?
I guess you missed where I stated:
But he is not from Mexico. As Kavika clearly stated...he is a legal CUBAN immigrant.
I used Rogel Aguilera-Mederos as an example as to WHY the inspections are needed.
Did you miss that part? I never said he was from Mexico. That bit of misinformation is ALL ON YOU.
That was your comment in a seed about the Texas Governor and his bullshit border policy. What country borders Texas?
You messed up. You had your readers believing that Mr Aquilera-Mederos was from Mexico. You should have clarified from the beginning. I think most would have gone on assuming that YOU meant Mederos was from Mexico until Kavika posted the real truth.
And you don't need to write in large, bold letters. I can read just fine. And that kind of print is rude, but I don't expect much more out of you than rudeness
I don't see anyone that disagrees that inspections are needed but the article was about Mexican truckers at the border.
Interestingly enough in a three-year study done by FMCSA it showed that Mexican truckers have an equal or better safety record than US or Canadian drivers.
Here is a whole history of the NAFTA requirement being instituted, and the battles that were fought over it.
BTW, I'm an advocate for inspections and follow-up/through by the states and the FMCSA which in the Castellano 03/Volt case seems to be quite lacking.
You messed up. You had your readers believing that Mr Aquilera-Mederos was from Mexico.
Nice try. Re-read my comment. Did I ANYWHERE in that comment state Rogel Aguilera-Mederos' nationality? No. You and the rest of the comprehension deficient group ASSUMED what I was talking about. That's not my problem.
It served it purpose.
I really don't care if you think it's rude. I'm not here to pander to those who jump to such moronic assumptions. If you don't understand something ask questions. People will think higher of you.
For me the whole premise of this seed is about that. Gov. Abbott put the inspections in place and truckers on the Mexico side of the border started protesting by blocking the bridge. It didn't start until those inspections started and drivers were turned around.
By no means am I saying drivers from Mexico are the bottom feeders of the trucking industry. With the link you gave and a few other sites use for my job, they all indicate they are on par with the US and many other countries (far exceeding in many areas).
I'm with you on this. There were failures all over the place in that situation. From the Driver the whole way up to the FMCSA.
If Brandon would do his damn job and secure our borders; then governors like Abbott wouldn't have to.
So Abbott accomplished what Brandon couldn't.
Also anyone that thinks 4 days of Abbott's inspections has more affect on inflation than 2 years of Brandon the human fuck up machine's policies; doesn't know shit about how inflation works.
Democrats talking points on inflation.
Here is reality.
Cost us almost 9 billion dollars and blocked ingress of necessary supplies? Yes he did!
You're ignoring that the blockage was on the Mexico side of the border. Not the US.
Mexican truck drivers block major US-Mexico point of entry in protest of Texas border inspections
But lets keep running with your misinformation.
No shit and if they aren't hauling produce in a reefer rig, I ain't buying that bacteria ridden crap
Liberal math? You know many of these people are not known for their mental abilities.
I notice this conveniently leaves out trumps stimulus. relief bill.