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Unregistered
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Unregistered
Originally posted by Unregistered View PostCompanies move overseas to improve their profits and shareholder returns (or it privately held companies to line their owner's pockets). They also do it to stay competitive and fill demand for lower cost goods here. It's called Capitalism. Guess what's the opposite of that? Is that what you want? Also, you do realize that putting protectionist tariffs on imports hurts YOU the consumer? Are you willing to put your money into the game to make America great again? Yes we have much to do to improve our own economy, trade, and many other facets of American life. But sealing ourselves off to the rest of the world won't work and we would be the worse for it economically, socially, politically, intellectually.
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Unregistered
Originally posted by Unregistered View PostI, the consumer, am already hurt. Perhaps tariffs will actually force companies to move some of their production back to the US so we can be gainfully employed again. How can anyone draw any different conclusion than we are being fleeced? Unemployment, the economy ...... the rise of several other international powers ......
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Unregistered
Originally posted by Unregistered View PostCompanies move overseas to improve their profits and shareholder returns (or it privately held companies to line their owner's pockets). They also do it to stay competitive and fill demand for lower cost goods here. It's called Capitalism. Guess what's the opposite of that? Is that what you want? Also, you do realize that putting protectionist tariffs on imports hurts YOU the consumer? Are you willing to put your money into the game to make America great again? Yes we have much to do to improve our own economy, trade, and many other facets of American life. But sealing ourselves off to the rest of the world won't work and we would be the worse for it economically, socially, politically, intellectually.
The automobile counties here pay an average of $ 48.00 an hour ,including benefits to their workers. From that wage taxes are paid, and besides what is put aside in savings and investment, the rest goes out into the economic stream. The average auto worker in Mexico earns $ 8.00 per hour. so when an American buys a car, a portion of the profits go to Mexico to pay for that worker. The money leaves the country , as well as the money to support the infrastructure of the manufacturing and distribution of the vehicles.
No one is saying " sealing ourselves off to the rest of the world" , but a closer inspection is necessary regarding our trade imbalance, which is significant and can not be continued for the economic future of our country.
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Unregistered
Originally posted by Unregistered View PostI, the consumer, am already hurt. Perhaps tariffs will actually force companies to move some of their production back to the US so we can be gainfully employed again. How can anyone draw any different conclusion than we are being fleeced? Unemployment, the economy ...... the rise of several other international powers ......
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Unregistered
Originally posted by Unregistered View PostI, the consumer, am already hurt. Perhaps tariffs will actually force companies to move some of their production back to the US so we can be gainfully employed again. How can anyone draw any different conclusion than we are being fleeced? Unemployment, the economy ...... the rise of several other international powers ......
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Unregistered
Originally posted by Unregistered View PostYour premise would be palatable if other countries were on the same playing field, but they are not. Currency manipulation, corruption, greed and lack of oversight regulations in many cases drastically lower the costs of production elsewhere.
The automobile counties here pay an average of $ 48.00 an hour ,including benefits to their workers. From that wage taxes are paid, and besides what is put aside in savings and investment, the rest goes out into the economic stream. The average auto worker in Mexico earns $ 8.00 per hour. so when an American buys a car, a portion of the profits go to Mexico to pay for that worker. The money leaves the country , as well as the money to support the infrastructure of the manufacturing and distribution of the vehicles.
No one is saying " sealing ourselves off to the rest of the world" , but a closer inspection is necessary regarding our trade imbalance, which is significant and can not be continued for the economic future of our country.
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Unregistered
Originally posted by Unregistered View PostI, the consumer, am already hurt. Perhaps tariffs will actually force companies to move some of their production back to the US so we can be gainfully employed again. How can anyone draw any different conclusion than we are being fleeced? Unemployment, the economy ...... the rise of several other international powers ......
Pity the poor coal miners in West Virginia that voted for Trump based on the promise that he would get their coal mining jobs back. He didn't tell them that they weren't coming back due to increased utilization of alternative forms of energy like increased natural gas production due to shale stores, etc. (alternative forms of energy not alternative facts. The alternative fact is the Trump administration telling people that manufacturing jobs are coming back and telling the coal miners that their mining jobs were coming back.)
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Unregistered
Originally posted by Unregistered View PostI don't disagree that most Asian countries hate China. However, it seems as if the US is willing to create a economic and political vacuum in Asia. What country do you think is going to fill that void?
Trump is hastily playing economic and political games that he has no understanding of. He is not comprehending the gravity of his actions. In the end I hope that he gets things straight before it is too late and we're all ****ed.
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Unregistered
Originally posted by Unregistered View PostPrecisely why manufacturers go outside - to offer cheaper goods to US consumers. The price of a new car is already out of reach for many US buyers. What do you think will happen if production moves back here? Much higher prices = fewer cars sold = fewer auto jobs = lower wages.
If you want to consider the cost of a new car, you must consider the Government imposed safety and environmental equipment that has added to the cost. Regardless, the price of the car has to be considered in conjunction with the cost of ownership. Today's vehicles last longer, need less maintenance , are more reliable, safer and cleaner than ever before.
In addition, the new car market is not a large percentage of actual vehicle sales in America. Previously owned vehicles is a much larger share. Any buyers that are shut out of the new car market end up in lower tires. In addition, you can buy a new car on credit with a credit score lower than ever , depending upon the brand.
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Unregistered
Originally posted by Unregistered View Post
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