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Blame Minimum Wage, Not Carl’s Jr. CEO, For Automated Restaurants
Jim Newell and Investors Business Daily ^ | 5/17/16 | Jim Newell

Posted on 05/17/2016 12:12:21 PM PDT by Jim W N

The ROOT CAUSE of our economic woes including business leaving our shores is the FEDERAL GOVERNMENT unconstitutionally forcing minimum wage on business. Minimum wage, regulations, unions, and high taxes are THE CAUSE of businesses moving elsewhere. Federal government is the problem NOT the solution.

Although I support Trump, his tariff proposals are MORE federal government and do NOTHING to attack the ROOT CAUSES of the loss of jobs in our country. Tariffs have the appearance but not the reality of a solution - they are only palliative and delay the actual reforms needed.

A tariff is a tax and China and Mexico don’t pay the tax, WE, THE AMERICAN CONSUMER PAY the tax in the form of forced higher prices. TARIFFS, LIKE INCOME TAX AND INFLATION, DIRECTLY LOWER OUR STANDARD OF LIVING.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Politics; Society
KEYWORDS: 2016election; alabama; business; election2016; fairtax; flattax; government; h1b; jeffsessions; minimumwage; newyork; obamatrade; politics; populism; populist; populists; society; tariffs; taxcuts; taxreform; tisa; tpa; tpp; trump; wikileaks
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To: baltimorepoet

Confusing
1) tariffs used for government revenue (a valid and preferred way to tax rather than the noxious income tax), and
2) tariffs used to interfere with business practice and the market economy (an exercise in futility like shooting yourself in the foot).

Two entirely different animals.


41 posted on 05/17/2016 3:50:22 PM PDT by Jim W N
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To: JoSixChip

A lot of hot air.

NO it HASN’T been explained because most have no clue about the fact that it is unexplainable. You cannot explain how tariffs address the core issues of why businesses are fleeing this country.


42 posted on 05/17/2016 3:53:09 PM PDT by Jim W N
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To: central_va

Wow, you seriously have the result that confused with the cause or the cure. You’re like Ross Perot, who did nothing but complain about the problem and said NOTHING about the cause or the cure.

Bye central_va. Go back to sleep.


43 posted on 05/17/2016 3:55:51 PM PDT by Jim W N
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To: GraceG

In the meantime, no one can explain how tariffs address the core issues of why businesses are fleeing this country.


44 posted on 05/17/2016 3:56:58 PM PDT by Jim W N
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To: stylin19a

Right, well, keep thinking the feds are your friend until they take away all your money and freedoms including the freedom to think for yourself. Many seem to have surrendered that to the feds already.


45 posted on 05/17/2016 3:59:41 PM PDT by Jim W N
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To: DugwayDuke

Meanwhile back at the ranch, one can explain how tariffs address the core issues of why businesses are fleeing this country.


46 posted on 05/17/2016 4:00:58 PM PDT by Jim W N
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To: DugwayDuke

Meanwhile back at the ranch, no one can explain how tariffs address the core issues of why businesses are fleeing this country.


47 posted on 05/17/2016 4:10:42 PM PDT by Jim W N
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To: Jim 0216
Unlike you with protectionism, I can acknowledge that with free trade, i.e. we have an open markets but the rest of the would does not, creates winners and losers.

That kind of Free Trade is like rape. The winners are rapists and the losers are the raped. Not much different between rape and having an unreciprocated open market. Rapists and Free Traitors™ have the same mindset IMO.

48 posted on 05/17/2016 4:51:45 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Arrian

Ahh, the first tariff act was passed in 1789.


49 posted on 05/17/2016 4:52:48 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: VRWCmember
That is only true to the extent that the goods being manufacture enjoy a comparative advantage in opportunity costs of production.

Eploiting suicidal slave labor is now called "comparative advantage in opportunity cost".

50 posted on 05/17/2016 4:54:19 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: VRWCmember
Nope, they are a cost borne by the importer and ultimately the consumer.

Progressives never met an income tax they didn't like.

51 posted on 05/17/2016 4:55:19 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: VRWCmember

If you manufacture with domestic sourced parts you will not pay a tariff on that part. If you use imported parts then that part will be subject to a tariff. It has nothing to do with income taxes.


52 posted on 05/17/2016 4:57:35 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Jim 0216

Its confusing to your brainwashed Limbecilic mind.


53 posted on 05/17/2016 4:58:23 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Jim 0216

The core reason businesses are fleeing this country is that the costs of doing business here is grater than the cost of doing business overseas and importing. One of those costs is labor; American workers have been brought up to expect a wage that will allow them a middle class lifestyle, and an early and comfortable retirement, which foreign workers do not. Another cost is the expense of meeting safety and environment regulations, which (some) foreign governments do not impose.

Tariffs address these issues by increasing the costs of doing business overseas and then importing the products to the US for sale. To be sure, the end consumer eventually pays the increased cost, but the end consumers, as taxpayers, also pay the costs, not listed on the price tags, of ‘exporting jobs’ and importing goods: unemployment, increased need for public support of the displaced workers, decreased tax revenues for state and local jurisdictions, etc. However, if the cost of closing down domestic business and outsourcing to foreign subsidiaries is high enough, the firms will stay here. But the end consumers pays for it, one way or another.


54 posted on 05/17/2016 5:02:25 PM PDT by VietVet
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To: VietVet
One of those costs is labor; American workers have been brought up to expect a wage that will allow them a middle class lifestyle,

I do not think that is the expectation. Perhaps people want a job so they can survive and not have to go on public assistance. Unions are dead and buried and not coming back. I think the union participation rate for manufacturing is 10% and falling.

55 posted on 05/17/2016 5:07:08 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Jim 0216

I see.
No real response.
Nice mis-direction.
You assume facts not in evidence about me.

FreeRegards


56 posted on 05/17/2016 5:24:36 PM PDT by stylin19a
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To: VietVet

Well, you’re describing the problem but still haven’t

1) identified the actual causes for businesses leaving the U.S. and

2) how tariffs address and cure those causes.


57 posted on 05/17/2016 7:57:39 PM PDT by Jim W N
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To: stylin19a

Excuse me, but your initial response was a non-sequitur which I responded to in kind.

Your non-sequitur response about child labor had absolutely nothing to do with how tariffs address the core issues of why businesses are fleeing this country.

You people are amazing and YOU are the EXPERTS at misdirection.

If that’s all you have, please, stop wasting my time.


58 posted on 05/17/2016 8:02:30 PM PDT by Jim W N
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To: Jim 0216
huh ? you are kidding, right ?
My response was an answer to a very general question-statement of yours.

"How did America successfully compete with the Middle Ages up to through the 1920’s as the richest and most powerful nation on earth? BY THE FREE MARKET, NOT BY GOVERNMENT INTERFERENCE."

But you are right about wasting time.
59 posted on 05/17/2016 9:17:50 PM PDT by stylin19a
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To: VRWCmember

The producer ALWAYS bears the final cost of production as David Ricardo observed in his analysis of comparative advantage.
Economic texts are in the Library, that stone building w/books inside. Suggest you aquatint yourself and stop pretending.


60 posted on 05/17/2016 9:29:22 PM PDT by Arrian (n)
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