Posted on 02/15/2017 10:56:38 AM PST by TBP
Except that tariffs won’t do what you think they will.
If we cut taxes and regulation and hold off forcing wage increases, then we’ll incentivize domestic production and domestic employment.
Like you Steve Forbes is a Free Traitor™. Globalist scare tactics don’t work anymore.
And who do you think is going to pay that tax?
Yes, prices will go up. Not that much but that is the whole point. We know that. We want that. That is good thing. This is a one time adjustment in pricing for slave made labor. Why? Because behind that protective tax wall industry will be able to rebuild. It also takes away the argument that an income tax rate cut need to be paid for. This is additional revenue to offset income tax cuts. Win-win.
“If we cut taxes and regulation and hold off forcing wage increases, then we’ll incentivize domestic production and domestic employment.”
And none of that can ever come close to overcoming their ability to pay some Mexican 8 dollars a day. And if the Mexican ever starts asking for 15 a day, they’ll laugh and relocate to Indonesia, or China. Then if they get uppity, they’ll go to Bangladesh.
It’s a race to the bottom for the third worlders who will never escape a slave wage. It’s destructive to American workers. It only benefits Globalists.
The only way to stop the outsourcing is to make it hurt a little to import, and to generously reward exporting.
We need that tax. We want it. Consumption taxes are far better than income taxes. I want Uncle Sam to get addicted to tariff income. It gets the feds going on the right direction.
The consumers will of course. And I want it to be enough that someone here gets a decent job, and a factory has to be built, and machines have to be built, bought, installed and maintained, and those workers go buy houses, go on vacations, buy shoes, and don’t need welfare.
Slave made shoes being cheap doesn’t matter if our middle class has no Jobs.
A casual look at Germany shows that they value their manufacturing sector and protect it. Why do Germans not outsource their factories?
There is no way to overcome the wage disparity between the USA and the third world without a tariff. It is LONG overdue.
We’ve done fine job-wise. yes, illegals are taking jobs from Americans. So punish the employers with jail time as well as a YUUGE fine and deport the illegals who are working illegally. Cut off ALL benefits of any kind to illegals.
But setting off a trade and wage war with our neighbors is simply going to hurt both economies.
Steve Forbes true globalist colors coming out. What a POS.
Actually, there is. See my post above.
“I want Uncle Sam to get addicted to tariff income.”
Exactly.
I wish Free Traitors™ like you would show us how we are not in a trade war now.
More Free Traitor ™ propaganda.
“We’ve done fine job-wise. yes, illegals are taking jobs from Americans.”
No, we haven’t been doing “fine”. We have full employment in Manhattan, and in the Lobbying industry of DC. And illegals here are a fraction of the damage. We aren’t talking about the jobs taken by illegals here. We are talking about the jobs that leave the borders completely.
Besides, that’s a wash, the illegals have to leave no matter what.
As to your trade war, we are already in one, only we aren’t advocating for OUR side. The foreign governments fight for their nation, and our government and businessmen do too.
Our exports face barriers.
You DO realize Mexico taxes things imported and is very serious about country of origin. I recently spoke to a tech rep. As they attended a show there, they even had to carefully document country of origin of all their swag. Pens, Mugs, lapel pins, etc.
What can possibly be more fair than doing to them exactly what they do you?
Paul Ryan
Over the long haul, we’ve done fine. Teh statist economic policies of teh last 8 years or so have really set us back. But before that (and before teh bank collapse, also caused by government interference), we were doing OK jobwise.
We can get rid of illegal alien jobs by doing what I proposed in my prior post, with no need for a new tax.
This was part of Donald Trump’s campaign promises.
The logic is simple.
Foreign manufacturers are subsidized by their governments and very low labor costs, so they can undercut American manufacturers by dumping their products in the US. This tax is effectively a tariff, so it costs just as much for foreign companies to sell their goods here as it does for US manufacturers.
The reason many manufacturing jobs have left the US is because our manufacturers cannot compete in this unfair market. So this levels the playing field. By itself it makes it far easier to hire American workers and produce products here.
But the flip side is that this law will make it *cheaper* for US manufacturers to export their products. This means far more jobs for Americans.
Steve Forbes is being disingenuous here. He is upset that the wealthiest of billionaires won’t make as much money by investing in foreign companies with cheap labor, so they can dump in the US markets.
Initially, prices on many imported consumer products will go up. However, when American companies start producing and exporting, not only will tax revenues for the government jump up, but the cost of consumer goods made in the USA will go down.
And doesn't have enough jobs, so they have to export people here, and their economy relies on remittances.
Do you want to be like them?
Because Big Labor and Big Business are in cahoots.
Big Labor is one of the main factors driving up labor costs -- along with government regulations and taxes.
this law will make it *cheaper* for US manufacturers to export their products.
No, it won't. It will raise costs. There will be retaliation and it will hurt America's economy and the world's. It will drive prices up and employment down.
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