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No, Mr. President-Elect, the Dollar Is Not 'Too Strong'
Real Clear Markets ^ | January 18, 2017 | John Tamny

Posted on 01/18/2017 5:19:10 AM PST by expat_panama

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To: Alberta's Child

Don’t be silly. Transport drivers and retailers don’t create wealth. They all should get jobs at plants making stuff that can’t be transported or sold.


61 posted on 01/18/2017 7:36:29 AM PST by 1rudeboy
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To: xzins

They have a VAT on everything sold in the country but waive it for exports. It always amazed me that you could buy a BMW for less in Dallas than the comparable car would cost in Nuremberg.


62 posted on 01/18/2017 7:40:32 AM PST by jospehm20
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To: expat_panama

Dollar strength is only a concern for those in the import/export business.

When we are importing more than exporting a strong dollar is needed, but how does one get a strong dollar if it is economically weak??

I don’t want unnecessary imports, and I could care less about exports. If we get exports that’s just gravy for the economy, but to manage our economy solely on export is retarded.

For all this talk about strong American exports, we’ve lost that battle so far and now import far more than we export.

Let’s try something else now, shall we?

All you chickenhawks claiming America must be weak and cower need to F yourselves.


63 posted on 01/18/2017 7:47:48 AM PST by CodeToad (If it weren't for physics and law enforcement, I'd be unstoppable!)
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To: 1rudeboy
Their material cost will go up 10% like all of their competitors. Maybe a domestic source will come online if the material is available locally. That is the dynamic operating here.

The purpose of a tariff is to artificially hike the price of the import making the domestic source more profitable resulting in more Americans working and reducing the welfare money spent. Win-win. It's the whole point which is to reverse the bias from middlemen profits obtained importing goods into the USA to real wages and benefits for Americans making goods.

The petulant Free Traitors™ have to realize that there are two sides to this issue. Trump is going to teach them the hard way.

I have to admit that was a good question. Which is a surprise coming from you.

64 posted on 01/18/2017 7:48:28 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: RegulatorCountry
Let’s just continue on...

No let's not.  Show me the money or drop it.

65 posted on 01/18/2017 7:50:44 AM PST by expat_panama
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To: RegulatorCountry

“If so, you’re being rather disingenuous.”

Anyone claiming to be an expatriate is disingenuous by definition. They made their money here but then left with it to spend it elsewhere. expat_panama does nothing but anti-American threads that state America should be weaker to be better. Typical liberal agenda.


66 posted on 01/18/2017 7:54:07 AM PST by CodeToad (If it weren't for physics and law enforcement, I'd be unstoppable!)
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To: CodeToad
When we are importing more than exporting

Pse tell me if you're aware that we always sell the same amount of stuff overseas that we buy  -that even while some goods may be in surplus or deficit that trade as a whole will always balance.

67 posted on 01/18/2017 7:54:08 AM PST by expat_panama
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To: 1rudeboy

Once a new car reaches the customer all that shipping, marketing, retailing added NOTHING to the value of the car. Who sat in their new car and thought about the cool train it shipped on or the car dealers furniture? Nobody. Those services didn’t create anything.


68 posted on 01/18/2017 7:54:34 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: 1rudeboy

“Speaking of “tool,” how will your vaunted 10% tariff affect the jobs at those domestic U.S. manufacturers that rely upon imported materials?”

Well, why don’t we ask all those other nations you support that do it? It doesn’t seem to hurt them any.


69 posted on 01/18/2017 7:56:16 AM PST by CodeToad (If it weren't for physics and law enforcement, I'd be unstoppable!)
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To: impimp
Being self sufficient in manufacturing would lead to a powerful robust and secure America. Instead of the being "the warehouse of democracy" we would once again be "the arsenal of democracy".
70 posted on 01/18/2017 7:58:04 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

“Their material cost will go up 10% like all of their competitors. Maybe a domestic source will come online if the material is available locally. “

Exactly!

The bigger question is why the hell are we importing in the first place?? We used to export steel to Japan and now we import it from Japan? Since when did Japan get iron ore reserves??

This upside down “hate America” crap has got to stop.

As you said, tariff imports and watch domestic production explode.


71 posted on 01/18/2017 7:58:51 AM PST by CodeToad (If it weren't for physics and law enforcement, I'd be unstoppable!)
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Comment #72 Removed by Moderator

To: central_va
A car without tires on it is worth no more than the salvage value of its components. Where does the auto manufacturer get the rubber to make the tires?

Almost two-thirds of the rubber in the world is produced in three countries: Thailand, Indonesia and Malaysia. How much is that rubber worth in those countries, and how much is it worth after it is transported to a production facility?

73 posted on 01/18/2017 7:59:42 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: central_va
In other words, when you claim that you are concerned about "high-paying" manufacturing jobs, you really mean that you are concerned about some of them. Alexander Hamilton you are not.

To be fair, maybe you are a really, really drunk Alexander Hamilton.

74 posted on 01/18/2017 8:00:09 AM PST by 1rudeboy
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To: CodeToad
Dollar strength is only a concern for those in the import/export business.

Can you name any industry that isn't involved in imports and/or exports?

75 posted on 01/18/2017 8:00:39 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: expat_panama

Try putting that in English.

Besides, I couldn’t give a sh*t what some anti-American expat thinks, especially you since you always post that America must be weaker to be better!

Your liberal agenda is well known here. I am surprised you haven’t been zotted by now.


76 posted on 01/18/2017 8:01:19 AM PST by CodeToad (If it weren't for physics and law enforcement, I'd be unstoppable!)
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To: CodeToad

Tariffs also generate lots of revenue and if we can use it to balance the budget then the dollar strengthen even more. The trick is austerity.


77 posted on 01/18/2017 8:01:42 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: CodeToad
"Doesn't seem? That's some heavy analytical skill you have there. How can I possibly respond?
78 posted on 01/18/2017 8:03:34 AM PST by 1rudeboy
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To: central_va
Once a new car reaches the customer all that shipping, marketing, retailing added NOTHING to the value of the car. Who sat in their new car and thought about the cool train it shipped on or the car dealers furniture? Nobody. Those services didn’t create anything.

It sounds like you have no idea what it means for a product or commodity to be more valuable in one location than another. Take a Honda that is rolled off the assembly line in Marysville, Ohio. If those cars could only be sold to people who walked to the plant, the company wouldn't even be able to sell enough cars to justify building the plant in the first place.

I don't care what the customer "thinks" the value of the shipping process may be. The reality is that when they sit in a new car, they are sitting in something that they never would have been able to own without the shipping process that brought it to the dealership where they bought it.

79 posted on 01/18/2017 8:04:43 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: max.ripp
Manufacturing has changed a great deal in the last 20 years with wide application of automation and the speed it will continue to change is only going to increase. It does open up new jobs in programing and maintaining the equipment but on the whole manufacturing jobs will continue to decrease even as production increases.

....which has nothing to do with offshoring and importing back to the USA duty free.

80 posted on 01/18/2017 8:04:45 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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