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Trump The Hypocrite: Investing Overseas Fine For Him (Outsourcing)
Forbes Magazine ^ | Stuart Anderson

Posted on 03/10/2016 11:37:37 AM PST by AmericanInTokyo

Donald Trump’s appeal is said to be his straight talk. But when it comes to international trade, he sounds like a hypocrite, the classic “Do what I say, not what I do” politician.

While bashing companies for investing in foreign countries, Donald Trump’s own company has shown no inclination to invest and build only in America. In fact, a significant percentage of his company’s hotels and major real estate properties are located abroad. “Mr. Trump is either inexcusably hypocritical or inexcusably ignorant of economics,” according to Donald J. Boudreaux, a professor of economics at George Mason University. “There is zero economic difference between, say, a U.S. car company’s investments abroad in factories and Mr. Trump’s own investments abroad in hotels: both are meant to improve the bottom line of companies headquartered in the U.S. by taking advantage of profitable economic opportunities outside of the U.S.”

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


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: 1stcanadiansenator; china; forbes; gangof14; hypocrisy; meghancaitlynandglen; moosebitsister; mud; mudmud; mudmudmud; mudmudmudmud; mudmudmudmudmud; mudmudmudmudmudmud; newnarrative; outsourcing; propagandadujour; sidebarspam; stuartanderson; tdscoffeclutch; tediban; tedspacificpartners; trump; usualsuspect; willthemudstick
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Outsourcing. Trump. China. Lost jobs. Jingjiang City Ondustrial Zone. Textiles. Offshore investment. Globalization. Ivanka Trump. Melania Trump. US job loss. Factories. Slave labor. PLA. Fujian Province. Cheap labor. Bottom Line. "Art of the Deal." Hypocrisy.
1 posted on 03/10/2016 11:37:37 AM PST by AmericanInTokyo
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To: AmericanInTokyo

Not killing my ad blocker to read this.


2 posted on 03/10/2016 11:38:42 AM PST by TheStickman (If we don't elect a PRO-America president in 2016 we lose the country!)
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To: AmericanInTokyo
Now FORBES is endorsing Trump!

Trump garners more endorsements in a single day than most other candidates in an entire year!

3 posted on 03/10/2016 11:38:45 AM PST by E. Pluribus Unum ("If voting made any difference they wouldn't let us do it." --Samuel Clemens)
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Comment #4 Removed by Moderator

To: AmericanInTokyo
This story only makes sense if Trump closed a hotel in American and shipped it overseas. The comparison here is absolutely absurd.

It would be like saying that as a real estate investor who buys property in different states, that I'm somehow hurting my home state.

Dumb.

5 posted on 03/10/2016 11:42:06 AM PST by The Iceman Cometh (With Cruz You Get Rubio)
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To: AmericanInTokyo

If you can figure out how to build a hotel in America and transport it overseas - let us know.


6 posted on 03/10/2016 11:42:23 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: AmericanInTokyo

He is the grand hypocrite. If elected POTUS (highly unlikely but always possible in this day of rigged voting machines), the Republic dies.


7 posted on 03/10/2016 11:42:34 AM PST by RIghtwardHo
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To: AmericanInTokyo

Trump has been playing by the rules. The rules are in favor of off-shoring.

Trump wants to change the rules to be in America’s favor. They are not now.


8 posted on 03/10/2016 11:42:39 AM PST by DannyTN
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To: AmericanInTokyo
So US companies should not build hotels overseas.

Got it

9 posted on 03/10/2016 11:42:57 AM PST by onona (Honey this isn't Kindergarten. We are in an all out war for the survival of our Country !)
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To: AmericanInTokyo

I don’t know how you build a hotel for another country in the U.S.. But I’m not a genius professor


10 posted on 03/10/2016 11:44:03 AM PST by Donglalinger
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To: AmericanInTokyo

grasping at straws ping


11 posted on 03/10/2016 11:44:05 AM PST by Wilderness Conservative
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To: AmericanInTokyo

Wow... this is the camel which broke the straw’s back. I’m gonna vote Clinton now. Why bother having hope when you can vote directly for no hope?


12 posted on 03/10/2016 11:44:06 AM PST by orangeTank
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To: AmericanInTokyo

When GM moves factories abroad UAW members lose jobs - USA loses.

When Trump builds a hotel overseas, much of the profits wind up with Trump, who is a US citizen - USA gains.


13 posted on 03/10/2016 11:44:48 AM PST by Brian Griffin
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To: AmericanInTokyo

I’m not even a Trump supporter, and I’m scratching my head over this one. Does the author really believe that an auto plant that produces things in a foreign country for import into the U.S. is the same as a hotel in a foreign country?


14 posted on 03/10/2016 11:45:38 AM PST by Alberta's Child (Bye bye, William Frawley!)
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To: AmericanInTokyo

Welcome to Dubai’s Latest hotel! Located in Hoboken NJ


15 posted on 03/10/2016 11:45:40 AM PST by Donglalinger
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To: AmericanInTokyo

“There is zero economic difference between, say, a U.S. car company’s investments abroad in factories and Mr. Trump’s own investments abroad in hotels”

Yep, Trump can build those hotels abroad at a cheaper cost, and then bring the hotels on boats back to the United States, and sell them to Americans at a premium price, duty free.


16 posted on 03/10/2016 11:45:41 AM PST by odawg
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To: Brian Griffin

Are you for auto company bailouts?


17 posted on 03/10/2016 11:46:13 AM PST by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: AmericanInTokyo

Investing abroad is not the same as outsourcing jobs.
I remember the wailing when Sony (?) was going to buy the Rockefeller Center. I thought, what the hell? It’s not like they can take it home with them.


18 posted on 03/10/2016 11:46:34 AM PST by sparklite2 ( "The white man is the Jew of Liberal Fascism." -Jonah Goldberg)
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To: Brian Griffin
When GM moves factories abroad UAW members lose jobs - USA loses.

How about if GM builds a plant overseas and uses it to produce a new line of vehicles that was never built in the U.S. in the first place?

19 posted on 03/10/2016 11:46:44 AM PST by Alberta's Child (Bye bye, William Frawley!)
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To: AmericanInTokyo

Building Hotels abroad is “Out Sourcing”? That’s ridiculous.


20 posted on 03/10/2016 11:47:04 AM PST by heights
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