Posted on 06/11/2018 7:58:44 AM PDT by a little elbow grease
Every ChiCom car part I bought was POS. Every single one of them. It bothers real American, unlike Free Traitors™, deeply that all durable goods are imported. It is instintivley a bad thing, like we are the third world..
That was a purchasing error, your mistake.
You should hve purchased from reputable Chicap manufacturers
>> If trade deficits are so great why do the rest of the world run surpluses? <<
Some countries have “trade deficits” with the USA and/or with the whole world, while others indeed have trade surpluses. It’s not an “all nor nothing” situation.
So here’s the critical point:
When the investment climate in your country is weak, it’s absolutely no surprise that you’d probably want to invest in the USA rather than at home.
It follows that when the investors and governments of the world invest more in the USA than in their home countries, then the USA will have an investment surplus with the rest of the world — which means by definition that the USA will have a “trade deficit.” That is, our trade deficit is always gonna be the mirror image of our investment surplus, whether anybody likes it or not. The logic is inescapable.
(Also, please note that this logic will hold whether we live in a world of total free trade, or in a world of high tariffs and mercantilist protectionism, or in a world that’s somewhere in between those two extremes.)
>> annual foreign investment = globalists gambling in the US stock market <<
Most foreign investment in the USA is not in the stock market. The biggest chunk is investment in U.S. Treasury notes and bonds. And a lot more is plant and equipment, like the auto factories all across the American South — where even the Afro-American auto workers vote against unions. Who wouldn’t like that kind of investment climate?
Moreover, the stock market has hardly been a gamble since PDJT took over. And it certainly has been good for me!
Sure, I think we ramp TP production up quickly.
My point is that you use tariffs instead of outright bans. That way if you do develop a shortage, you can still import until domestic production ramps up.
I say tariff everything. Tariff bananas. We aren’t likely to grow them here, but it increases the liklihood that consumers will substitute for something grown in America.
Keep it simple and put a 25% tariff on everything. If that doesn't bring the trade deficit down raise it to 50%. Not sure what the value of a goat is. If it costs $300 then 25% would be $75. And if that gets your goat too bad.
If you pay attention, you would know that the concept of an across the board tariff has already been proposed and roundly rejected by the congress and more importantly, those that really matter, the American people.
You are a voice whining in the darkness with no chance of getting what you so wrongly desire
Congress on the other hand has been bought and sold for decades. The GOPe says one thing during election time and does something different in practice.
But now the spotlight is on them and people are able to identify the RINO's and vote them out of office.
Congress on the other hand has been bought and sold for decades. The GOPe says one thing during election time and does something different in practice.
But now the spotlight is on them and people are able to identify the RINO's and vote them out of office.
Trump is doing what he set out to do
He is not ending global trade by American companies. To the contrary, the President is diligently setting policy to increase trade on an international basis.
No one ever suggested ending global trade.
It appears that Trump is striving for reciprocal trade which would be an improvement. Trump also has an objective to bring manufacturing back and rebuild America’s industries.
So if other countries don’t reciprocate, then the tariffs go into effect and stay in effect and Trump achieves bringing industries back.
If the other countries are smart and reciprocate and eliminate the trade deficits, then America does benefit, but the job of rebuilding industries becomes a little harder. Trump will find a way.
Industries will not be “rebuilt”
Industries will be new
You are dangerous. A completely traitorous globalist tool.
I suspect that putting up steel and aluminum tariffs first was very carefully thought out plan.
The democrats can’t complain much without looking like hypocrites, since Obama did the same thing. It rewards the industrial belt for switching sides. And it’s a key source for many of the other industries.
He’s using that as a lever to negotiate the greater trade picture. And anyone who slaps retaliatory tariffs on us on anything other than steel, while running a large deficit, gives Trump a reason to put other tariffs into effect.
No it’s not the restoration of the general import tariffs, that I would like to see. But with a hostile, sold out Congress that would be very hard politically to accomplish directly, and Trump definitely has us moving in the right direction.
No? Trump thinks differently.
watch and learn grasshopper.
>> Trump also has an objective to bring manufacturing back <<
“Manufacturing” as a whole never left. In fact, as a share of national output, it hasn’t changed all that much.
But on the other hand, manufacturing has automated to the extent that in steel, for example, two men can now do the work that used to require ten men. Ditto for many other industries.
Also, a lot of factories have closed, and their workers have needed to find other jobs — exactly as have the workers replaced by automation. But does that mean we now have mass unemployment?
Uh, no. Unemployment is now at record low levels.
Central_VA wrote,
“You are dangerous.”
Exactly the kind of reasoned analysis one needs to win friends and influence people. Doncha just love how some folks excel in applying the persuasive arts?
Isolationist patriot is an oxymoron
>> Kudlow was shaking mad <<
Yep, even gave himself a heart attack.
In other words, it seems that going up against Justin will only get you so far.
What’s next? Peter Navarro struck by lightning?
You are correct. I visit lots of companies and see up close that manufacturing is thriving and now growing. They are all involved in the export of their products.
Yesterday I visited a company that has seen sales shrink since 2008. They have tightened up and still getting by.
That is what I was told in response to asking “How’s business”
Then I was told we are having a people problem. With the recent improvement in the economy we are locally at full employment and there are no workers to hire.
This observation of the reality in my locality is going to become the national reality
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