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How Trump's Protectionism Would Destroy Auto Industry Jobs, Not Create Them
Forbes | JAN 20, 2017 | Joann Muller

Posted on 01/26/2017 8:21:23 PM PST by TBP

Edited on 01/27/2017 9:12:03 AM PST by Jim Robinson. [history]

click here to read article


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To: TBP
Again with the static thinking. What happens AFTER a tariff is put in place? Do you know? Have you thought this through? It has been so long since the USA had any real protectionist trade tariffs that nobody alive really has any experience in this regard.

Is the industrial capacity of the USA set in stone? Can more shifts be added to existing plants? Can plant capacity be enlarged and/or entire new ones built? Or is everything frozen in time. Like your brain?

41 posted on 01/26/2017 9:00:42 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: TBP

You definitely do not understand Trump.

This is called “negotiation”.


42 posted on 01/26/2017 9:01:19 PM PST by Lazamataz (TRUMP LIED TO ME!!!! ....He said I'd get sick of winning.... AND I'M NOT SICK OF WINNING YET!!!!)
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To: goldstategop

I apologize.


43 posted on 01/26/2017 9:02:10 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: TBP

“Won’t affect China.”

That article is about the TPP. It won’t affect China because China is not part of the TPP.

Bottom line:

It’s better to buy from Malaysia, Vietnam, Thailand than it is to buy from China. Those countries are allies and China is an enemy. China is taking your money and using it to build weapons to kill you.


44 posted on 01/26/2017 9:02:32 PM PST by Helicondelta (Deplorable)
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To: TBP

Idiot.


45 posted on 01/26/2017 9:06:21 PM PST by EnglishOnly (Fight all out to win OR get out now.)
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To: TBP

The reason we don’t have enough welders is that HR depts and hiring managers do everything to suppress wages and stop market forces from setting wages. This prevents the mechanism of supply and demand from working properly.


46 posted on 01/26/2017 9:10:15 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Totally agree. Why does the
American consumer have to
purchase Toyota’s, Hyundai’s
or Nissan’s when Fords,
Chevrolets, or Chryslers
vehicles will suffice?
My garage is stocked with
“Made in America” tools as I
refuse to buy anything else.
Bring them back home.
American manufacturing is second to none...


47 posted on 01/26/2017 9:12:37 PM PST by Lean-Right (Eat More Moose)
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To: TBP

Let’s simply swap tariffs for income taxes. If the tax known as a tariff is bad for foreign trade, surely income taxes are bad for domestic trade!!

NAFTA was never “free trade”. It was a kind of managed trade, a producer’s agreement, which benefited Wall Street while destroying Main Street (and it also hurt Mexico).


48 posted on 01/26/2017 9:13:34 PM PST by SecAmndmt (Arm yourselves!)
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To: Lean-Right

I would be willing to put up with higher prices resulting from a a tariff on durable goods only IF the USA was re industrializing, unemployment rate was going down and GDP was consistently > 4%. It would be worth it.


49 posted on 01/26/2017 9:19:15 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: TBP

All thinking about the impact of tariff under “free” trade needs to be redone because the assumptions underlying free trade analysis do not exist.

Not only that but much of the positive effect is the result of the threat of tariffs.


50 posted on 01/26/2017 9:24:08 PM PST by arrogantsob (Check out "CHAOS AND MAYHEM" at Amazon.com.)
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To: TBP
But consumers will be affected. We’ll all wind up paying higher prices to cover the tax.

Not necessarily...The addage that 'whatever the market will bear' will still hold true...They will find the means to build and sell their products within the United States...It will also inspire new start-ups where American businesses can compete with each other again...

51 posted on 01/26/2017 9:32:19 PM PST by Iscool
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To: TBP
Ok. I imagine you supported Lyin' Ted too. Have a nice day. 😁
52 posted on 01/26/2017 9:41:01 PM PST by Cobra64 (Common sense isn't common any more.)
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To: TBP

We need to go back to having excellent trade schools instead of adhering to the silly idea that everyone needs a college degree. Shop classes and homemaking classes in public schools should be insisted upon.


53 posted on 01/26/2017 9:41:01 PM PST by Mollypitcher1 (I have not yet begun to fight....John Paul Jones)
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To: central_va
We are moving to free trade between the states

We have always had free trade between the states. It's in the Constitution.

and highly restricted trade with the rest of the world

Which is a recipe for economic disaster. It will protect a few jobs but destroy many more, and everything will be more expensive. No thanks!

If free trade with 49 states is a good idea, free trade with the whole world is an even better idea.

54 posted on 01/26/2017 9:45:27 PM PST by cynwoody
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To: TBP

A president who is wheeling and dealing to create American jobs, to bring them back from Mexico, while killing with fire the damned federal agencies that regulated them out of the country ... those are bad things.
Protectionism.
Got it.


55 posted on 01/26/2017 9:46:43 PM PST by tumblindice (America's founding fathers, all armed conservatives)
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To: TBP

The article link is missing. Here it is:

http://www.forbes.com/sites/joannmuller/2017/01/20/how-trumps-protectionism-would-destroy-auto-industry-jobs-not-create-them


56 posted on 01/26/2017 9:47:07 PM PST by cynwoody
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To: goldstategop

20% import tariff and 16% VAT tax on cars produced in America imported by Mexico.


57 posted on 01/26/2017 9:47:44 PM PST by amihow
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To: TBP

Not buying the argument.


58 posted on 01/26/2017 10:19:52 PM PST by semaj (Audentes fortuna juvat: Fortune favors the bold. Be Bold FRiends.)
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Humorous fear mongering. An example of how the globalists really don’t believe in capitalism and its ability to adapt.

Forbes, you’re pathetic and entrenched.


59 posted on 01/26/2017 10:39:25 PM PST by Gene Eric (Don't be a statist!)
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To: TBP

Oh, yep, the author must be absolutely right because look at the boom industrial complex in this country. Why we just call those factories going at full force the ‘rust belt’ for political points.

As we’ve already tried the freely given trade avenue, I am more than curious to see what happens when we give fair trade a shot.


60 posted on 01/26/2017 11:02:35 PM PST by kingu (Everything starts with slashing the size and scope of the federal government.)
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