Posted on 10/11/2015 2:29:31 PM PDT by EricGurr
This is from fellow freeper and congressional candidate in Ohio Eric Gurr
You are making the tariff black and white and suggesting it exists or doesn’t. I would put tariffs on car transmissions, abs breaking systems, etc. Implement the tariff over a few years because businesses have made plans.
Let me ask you this. If the yuan has no value why are we trading with them in the first place?
If you agree it must have some value, what is your solution to currency manipulation? You can’t just do nothing.
And you are isolating the problem. How much are you willing to pay for people who cannot find a decent job? Don’t you think we’ve had enough of Obamacare and Medicaid expansion? Would it not be more cost effective to have people working those jobs? Tariffs will help that. It isn’t a silver bullet. We should also lower the number of immigrants coming here to work until we get our own economic and fiscal house in order.
Because we are giving them U.S. dollars and they are giving us cheap manufactured products. I can assure you that no major U.S. corporation accepts yuan as currency for the things they produce here in the U.S. and sell over there in China.
If you agree it must have some value, what is your solution to currency manipulation? You can’t just do nothing.
Why not? If I were in the business of producing something and selling it for $10 apiece, and some dude in the next town was offering the same product in exchange for a dozen acorns, then I'm going out and harvesting oak trees for a living.
And you are isolating the problem. How much are you willing to pay for people who cannot find a decent job? Don’t you think we’ve had enough of Obamacare and Medicaid expansion? Would it not be more cost effective to have people working those jobs? Tariffs will help that. It isn’t a silver bullet. We should also lower the number of immigrants coming here to work until we get our own economic and fiscal house in order.
You're assuming that increasing the cost of imported goods will result in tangible employment growth here. I hate to break it to you, but that really isn't the case at all. Over the last few years we've seen a sizeable relocation of manufacturing operations right back here to the U.S. (for a number or reasons, including cheap, reliable energy). This hasn't had a huge impact on employment in the manufacturing sector because U.S. manufacturing operations tend to be highly automated. In fact, I'd make the case that the number of manufacturing jobs lost to overseas competition in the last 40-50 years is dwarfed by the number of jobs that have been lost to automation and technology.
There's no simple answer to this, but as someone who has more than 60 people working for me I can tell you this: Our world has gotten so advanced that human beings are the most expensive aspect of running a business ... and they are usually the least reliable and least productive, too.
Most of those jobs don't exist here anymore. Over half of all imports from China are consumer electronics, furniture, clothing, toys, and plastic goods. Those industries are all but extinct in the U.S. and have been for some time.
To reinforce your point, I’d suggest that the strongest protectionists in the U.S. would rather die than have their own children work in a factory that produces consumer electronics, furniture, clothing, toys, etc. I’ll offer Donald Trump as the best evidence of this.
A more pointed question would be if Donald Trump would be willing to take some of his billions and invest in TV or textile or shoe factories to bring those jobs back here.
The latest cost differential between manufacturing in the USA vs China is 4%. So another Free Traitor™ lie exposed.
I have no problem with my kid doing that. A job is a job. I did many a 'dirty job' putting myself thru college.
You know you Free Traitors™ can really be insulting without even knowing. Another "jobs Americans won't do" bile rhetoric.
people that use the word Free-Traitors have ceased being Americans
Slap a tariff on them even if it causes an increase it retail, most of the tariff will be eaten by the importer. It will not take a large tariff to equalize the cost competition between the third world and the USA. 10% at most. It will raise revenue and help pay for the social costs of high unemployment. It will dissuade future decisions of gloBULL corps. It will incentivize countries like China to re think their trade war on us.
Those extinct manufacturing can come back at the drop of a hat.
If the shoe fits.
That’s why China shouldn’t even be the focus of any concerns about the effects of foreign trade on U.S. jobs. China is now in decline because the whole “cheap labor” business model only works until someone else can do it even cheaper ... which is why so many manufacturing jobs have been migrating to places like Malaysia, Vietnam, and Cambodia.
Go back and read my post. I challenge you to find a single labor leader or political puppet of theirs in Washington whose kids work in any of those jobs.
It's long been understood that we are no longer a manufacturing economy here in the U.S. What most people haven't figured out yet is that we're no longer a service economy, either. We are now an entertainment economy, and the evidence for it is the success of a guy like Donald Trump who has invested so heavily in casinos and television.
Here are some of the biggest Free Traitor™ lies:
Fact: Manufacturing for the most part is not labor intensive, it is actually only a small cost driver in the retail price of any object. Labor averages between 5-8% of the retail price if made in the USA and 2-4% made in the third world. So the $10 Chinese pliers would cost $10.80, at most, if made in the USA. Not earth shattering.
The favorite trick of the Fee Traitor™ is to throw textiles in your face. Textiles manufacturing is an outlier, with labor making up a large part of the retail cost. But textiles will always be the example given in retort.
Fact: The difference and "savings" is passed on to the stock holder not the consumer. I've gotten most of the Free Republic Free Traitor™ to admit to that but some still cling to the myth.
Fact: This is reprehensible and deserves no rebuttal.
Fact: this unforced de industrialization is putting future Americans at risk in countless ways, including the ability to sustain our forces in a huge conflict, wars of attrition, with major world powers.
Why would most of the tariff be eaten by the importer and not passed on to the consumer?
It will not take a large tariff to equalize the cost competition between the third world and the USA. 10% at most.
Doesn't there need to be competition to begin with? Who are the domestic TV manufacturers? Computer manufacturers? Clothing manufacturers? Toy manufacturers?
Those extinct manufacturing can come back at the drop of a hat.
Agreed, if someone is willing to make the investment. Would Donald Trump be willing to invest a few of his billions in those industries to help them re-establish in the U.S.?
That is really stupid thing to say, no offense. Labor and political leaders are multi millionairess. Even if their kids are forced to work for "character" building proposes their are no manufacturing jobs in the DC area. Have you ever been there?
That's the point. The NEXT factory location is what we are talking about. Their future decisions.
The ChiCom government isn't going to allow a manufacturing to cut their quotas. These are contract deals so much of a tariff will be eaten by the manufacturer. Until other arrangements can be made i.e. on shoring production; God forbid!
Tariffs were the primary source of federal revenue for a century. The Founding Fathers voted for tariffs. They're as American as the Second Amendment.
Free trade began gaining ground under the original traitor globalists Woodrow Wilson and Franklin Roosevelt. It has nothing to do with conserving American institutions, values or culture.
Bump for later.
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