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Trump's point man on trade: 'We envision a more Germany-style economy'
CNBC ^ | January 25, 2017 | Matthew J. Belvedere

Posted on 01/31/2017 4:49:32 PM PST by 2ndDivisionVet

The administration of President Donald Trump wants manufacturing jobs to make up about a fifth of the American workforce, said Peter Navarro, tapped by Trump to lead the newly created National Trade Council.

Navarro told CNBC's "Squawk Box" on Wednesday that part of his job at the National Trade Council is matching the needs of industry with the skills of U.S. workers.

"We envision a more Germany-style economy, where 20 percent of our workforce is in manufacturing," he said. "And we're not talking about banging tin in the back room."

"We're talking about high technology across the board, whether it's computer chips or cars or anything in between," said Navarro, a Trump campaign policy advisor and formerly a business professor at the University of California, Irvine....

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


TOPICS: Business/Economy; Extended News; Government; Politics/Elections
KEYWORDS: economy; germany; manufacturing; nationaltradecouncil; trump
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1 posted on 01/31/2017 4:49:32 PM PST by 2ndDivisionVet
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To: Toddsterpatriot; Mase; expat_panama
Well, we can start by changing our corporate tax code to reduce the (great) incentive for our corporations to create free-standing subsidiaries overseas (aka, offshoring).

These things don't happen overnight, I get it.

2 posted on 01/31/2017 4:52:30 PM PST by 1rudeboy
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To: 2ndDivisionVet

Adopting the German educational system with it’s two track vocational and technical college paths would be a good start.

It’s the reason they have capable and qualified people in their workforce.


3 posted on 01/31/2017 4:53:28 PM PST by Regulator
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To: 2ndDivisionVet

Headline will read “Trump Wants to Emulate Nazi Germany”


4 posted on 01/31/2017 4:59:32 PM PST by trublu
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To: 2ndDivisionVet

This proves it! Trump and his people are NAZI’S!!!

Possible lamestream headline...


5 posted on 01/31/2017 4:59:33 PM PST by ChinaGotTheGoodsOnClinton (Go Egypt on 0bama)
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To: 2ndDivisionVet

Tomorrows Fake News Headline- Trump wants to Roll out the Panzers!


6 posted on 01/31/2017 5:02:05 PM PST by TADSLOS (Reset Underway!)
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To: 2ndDivisionVet

I like what I hear here.


7 posted on 01/31/2017 5:03:04 PM PST by marron
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To: Regulator

I agree with your post.


8 posted on 01/31/2017 5:07:51 PM PST by SoCal Pubbie
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To: 2ndDivisionVet

Exactly what I wanted to hear from Trump. The German model is excellent.


9 posted on 01/31/2017 5:09:42 PM PST by RedWulf (TRUMP TRUMP TRUMP!)
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To: Regulator

If I had to do it all over again I’d go into one of the trades. Electrical work pays pretty nice.


10 posted on 01/31/2017 5:11:45 PM PST by ealgeone
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To: ealgeone

Yeah, me too. The closest I’ve gotten to electrical equipment was selling it. The guys buying it made more money than I did.


11 posted on 01/31/2017 5:17:10 PM PST by 1rudeboy
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To: 2ndDivisionVet

3-4th Largest Economy in the World. An Efficient Folk.


12 posted on 01/31/2017 5:33:44 PM PST by MotorCityBuck ( Keep the change, you filthy animal! ,)
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To: 2ndDivisionVet

>>>We envision a more Germany-style economy

Wait, aren’t the Germans a bunch of socialists?


13 posted on 01/31/2017 5:55:17 PM PST by oincobx
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To: All

Sounds questionable. What USA needs is manufacturing. Cars, steel... real things. Not more computers. Real people, need jobs not just college grads.


14 posted on 01/31/2017 6:41:50 PM PST by veracious (UN = OIC = Islam ; And Democrats may change USA completely, just amend USConstitution)
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To: 1rudeboy
Tax reform is supposed to be passed in the first 100 days of Trump's administration. The GOPe appears to be slow playing it. Hope I'm wrong.

Regulatory and tax reform will do more to attract industry to the US than any new trade policy. Automation continues to be the main enemy of manufacturing employment.

15 posted on 01/31/2017 6:45:58 PM PST by Mase (Save me from the people who would save me from myself!)
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To: Regulator

“Adopting the German educational system with its two track vocational and technical college paths would be a good start.”

Like all others, that system has its strengths and its weaknesses.

Sometimes educators are slow to recognize genius.


16 posted on 01/31/2017 6:47:16 PM PST by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: ealgeone

Same here, HVAC or Refrigeration. Work is never ending


17 posted on 01/31/2017 7:16:00 PM PST by pangaea6
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To: RedWulf

What a chance to really upgrade the education system, not everyone needs to go to 4 yr college. Plus another way to avoid having a generation of youth being indoctrinated by liberal colleges


18 posted on 01/31/2017 7:20:09 PM PST by pangaea6
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To: Mase

“Automation continues to be the main enemy of manufacturing employment.”

No. A LACK of automation is the problem. When competing countries have cheaper labor, you need to be able to produce more per man-hour. Then, to preserve or expand employees, you need to produce more volume.

We should be focusing on expanding demand for manufactured goods while we make production cheaper by expanding volume. That way we get MORE manufacturing jobs while we produce MUCH MORE product at cheaper cost than more labor-intensive less-automated countries. There are billions of people who don’t have a pot to piss in. There are more billions waiting for the next new thing — flying cars, tunneling machines, self sufficient off-grid housing, yachts, floating man-made islands, dirigible motor-homes, or whatever. Products that are simultaneously better and cheaper than the previous model preserve and grow market share and competitors find the market has moved on by the time they gear up. Remember that nobody knew 100 years ago they wanted a TV, computer, or cell phone.

Of course, that will require more electrical generating capacity at cheaper costs and much better re-use of scrap materials to make “recycled” raw materials cheaper than virgin raw materials. Disposable products are fine if it takes little cost to remake the materials into a new generation of the item. China has gotten better than we are at manufacturing using the old “automated” methods, so we need to leap frog to new methods.


19 posted on 02/01/2017 2:38:59 AM PST by Kellis91789 (We hope for a bloodless revolution, but revolution is still the goal.)
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To: 1rudeboy

Most definitely.


20 posted on 02/01/2017 7:15:26 AM PST by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticides, abortion, and euthanasia.")
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