Trump orders American companies leave China

a reply to: Phoenix

Yeah. Zenophobia and isolationism are the way to go. No doubt.

Hawaii is not exactly representative of any mainland state

Indeed. I'm 5th generation here. Know it pretty well. A lot of mainlanders never quite get it. That's part of the problem.

Tariffs will as one part of solution help stymie this progression to the bottom hopefully before point of no return is reached.

Progression to the bottom? Didn't the president say the economy is the best ever?

a reply to: Phage

Ensuring a system exists for my children and grand children to make decent livings is hardly xenophobic nor isolationist. Use of those terms says you really had no debate worthy response to my points that subject.

On economic measurement, depends if one is talking GDP, Wall-street or Real Wages. Up-thread I provided examples I personally know of where the real wages are a pittance to what once was paid - major nosedive in buying power over four decades of bad China policy and bad monetary policy by Fed Reserve along with politicians kicking can has resulted in slave like wages for average non-professional blue collar worker.

Anything that promotes bringing those jobs back is a worthwhile endeavor and opposition to those opposing such measures is warranted in light of damage already done - your solution is to kill the horse rather than nurse it back to health which is still possible - I suspect you hold that position for reasons not altruistic nor beneficial to majority of the public.

I want to save the horses ass not be one

a reply to: Phage

Didn't the president say the economy is the best ever?

"Our great economy is the talk of everybody at the G7!"

a reply to: Duderino

Is China the only country in the world?... China is a COMMUNIST dictatorship which has been implementing high tariffs on U.S. products for decades meanwhile demanding no tariffs or few tariffs for their exports to the U.S.

Not to mention the FACT that democrats/liberals are now wanting a recession to get rid of Trump, yet that is not "a full blown dictatorship"?...

Your side don't want ANY business to do good because Trump is POTUS, and YOUR side want a recession to the point that they lie about the state of the U.S. economy...

You should go see a doctor and see if you can grow that brain of yours to normal size, more so when YOUR side want to implement policies that will really turn the U.S. into a full blown socialist dictatorship...

a reply to: Phoenix

Ensuring a system exists for my children and grand children to make decent livings is hardly xenophobic nor isolationist.

Right. But that doesn't have much to do with what you said.

has resulted in slave like wages for average non-professional blue collar worker.

Nope. Masons do damn well, when they have work. Tile setters do really well, when they have work. Steel erectors do well, when they have affordable steel to erect. See, there are skills which are relevant and skills which are not, so much more.

I want to save the horses ass not be one

How many buggy whip factories do you want to bring back?

originally posted by: Phage
...
Progression to the bottom? Didn't the president say the economy is the best ever?

It actually is. Last year in the first quarter our GDP was 2.1 in the first quarter of 2019 it grew to 3.1 and economists didn't think it would grow past 2.5. But of course Phage and his Phake news media must lie to make people believe the economy is worse because none of you is able to make an argument against a good economy.

On the second quarter it went to about 2.3 But if we compare it to other countries...

Germany's GDP s 0.40 compared to the U.S.
Japan's GDP is 1.30 compared to the U.S.
France's GDP is 1.3 compared to the U.S.
Canada's GDP is 1.3 compared to the U.S.
South Korea's GDP is 2.1 compared to the U.S.
Saudi Arabia's GDP is 1.7 compared to the U.S.

The only western country which has the same GDP as the U.S. is Spain at 2.3

Indonesia, India and China are the only countries with a higher GDP except for the fact that their people are poorer than most Americans. So only the rich are getting richer in those countries.

originally posted by: Notoneofyou

originally posted by: Duderino
He went full dictator. And everyone knows you don't go full dictator.

“We don’t need China and, frankly, would be far better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP,” Trump tweeted.

“Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.”

Link

Forget free markets, forget private companies making their own decisions without government control, States deciding how to regulate and manage themselves. Big government everywhere you look. Trump's hand in everything.

The U.S. Chamber of Commerce rebuffed Trump’s call, urging “continued, constructive engagement” so that the world’s two largest economies could quickly reach a trade deal.

“Time is of the essence. We do not want to see a further deterioration of US-China relations,” Myron Brilliant, executive vice president and head of the business group’s international affairs, said in a statement.

China on Friday said it would impose retaliatory tariffs on $75 billion of U.S. goods, targeting crude oil for the first time and renewing punitive duties on American-made autos.

So what do the supporters of free trade and open markets believe? Should a president order private companies how to operate? Is there any room for free market capitalism in a Trump era?

Yeah, because we really need more junk products loaded with lead...

Not to mention patent infringement on just about every damn product in the world.

And the awful slave labor camps that build your iphone...

All thats terrible...

Please get your head out of your ass.

Then you better keep your immigrants from leaving... who else is going to assemble iPhones for 50 cent an hour.......?

originally posted by: ElectricUniverse

originally posted by: Phage
...
Progression to the bottom? Didn't the president say the economy is the best ever?

It actually is. Last year in the first quarter our GDP was 2.1 in the first quarter of 2019 it grew to 3.1 and economists didn't think it would grow past 2.5. But of course Phage and his Phake news media must lie to make people believe the economy is worse because none of you is able to make an argument against a good economy.

On the second quarter it went to about 2.3 But if we compare it to other countries...

Germany's GDP s 0.40 compared to the U.S.
Japan's GDP is 1.30 compared to the U.S.
France's GDP is 1.3 compared to the U.S.
Canada's GDP is 1.3 compared to the U.S.
South Korea's GDP is 2.1 compared to the U.S.
Saudi Arabia's GDP is 1.7 compared to the U.S.

The only western country which has the same GDP as the U.S. is Spain at 2.3

Indonesia, India and China are the only countries with a higher GDP except for the fact that their people are poorer than most Americans. So only the rich are getting richer in those countries.

I would expect the same from the states... the richer getting richer faster than the middle is getting acceptable.

You have any graphs that show how the various segments position themselves in earnings?
It doesnt matter if a countrys gdp is high if the balance is severely offset, because the high end doesnt use their increase wealth locally or to create more jobs..... they hide it or spend it on luxury abroad.

a reply to: ElectricUniverse

Last year in the first quarter our GDP was 2.1 in the first quarter of 2019 it grew to 3.1 and economists didn't think it would grow past 2.5.

3.1 what? Trillion?

That seems pretty pathetic. Especially in comparison to our debt, which is now at $22 trillion and rising faster than ever. Them corporate tax cuts sure was a good idear.

originally posted by: andy06shake
a reply to: ufoorbhunter

Believe it or not, those skills are a lost art these days, especially where welding and riveting are concerned.

Thing is through we don't even construct ocean-going vessels, in the same manner, these days as we did in the 1900s

You will never sell me on Brexit ufoorbhunter we simply did not vote for it up here.

Me neither mate as voted to remain in the Union, can't believe this Brxit nonsense. On the skills front yes totally understand where you are coming from. Once they die off it takes generations to bring back. The only way really would be to bring in a few thousnad skilled workers from say South Korea, or Finland to give us that head start. Around my area there are skills shortages due to exactly whatt you pointed out once it's gone it gone, but bring those skills in then it's a runner. The yards might not create a massive growth in employment but the carry through from all te suppliers will generate something.

What I can't come to terms with is how our great Cruise companies can't be encouraged to produce teir ships somewhere in the UK and here I totally agree with Trump. It's something that they should be encouraged to do through tariffs or something, but make them here it's got to be common sense. If I buy milk I want thye farmer down the road to produce it not somone in Poland as it benefits our own community and keeps things rolling, why not with big industry?

a reply to: scraedtosleep

don't see a lot of children messing around with stockmarket... so guess it's an adult thing. To be specific an elite adult thing. If I could mess around with the market I would buy me a kinza or two

a reply to: Phage

No... those figures are in % as the growth rate. It's over $20 trillion dollars, and the U.S. is a lot better than most European countries' GDP.

Nope. Masons do damn well, when they have work. Tile setters do really well, when they have work. Steel erectors do well, when they have affordable steel to erect. See, there are skills which are relevant and skills which are not, so much more.

I guess illegals have not figured out how to swim out to Hawaii, here they have severely depressed wages in masonry, tile setting and other trades such as carpentry - to the point that American workers could not afford to live on wages that lead to companies having successful bids - its that race to the bottom thing again right there. The work put out is sub-standard quality as most that labor is of the "pick up" kind where skill level is barely enough to do some semblance of the job.

On steel erection which I do for a living - you are full of "snip" and have no idea what you talk about. You sound like an office type who bloviates paper.

No whips, just decent paying jobs for Americans.

originally posted by: flice

I would expect the same from the states... the richer getting richer faster than the middle is getting acceptable.

You have any graphs that show how the various segments position themselves in earnings?
It doesnt matter if a countrys gdp is high if the balance is severely offset, because the high end doesnt use their increase wealth locally or to create more jobs..... they hide it or spend it on luxury abroad.

Wrong, you are making claims that are not true. As it is we still have low unemployment at 3.7% which is at a 50 year low, and the employment rates are also still at historic values which means everyone, including regular people, are winning.

Since his leadership hasn't brought the manufacturing back, he'll just order it back. Worth a try.

means everyone, including regular people, are winning.

Yeah, if working less hours for a lower pay rate is winning.

a reply to: ElectricUniverse

The missing component of 3.7% is type, pay and hours along with ahem certain adjustments that ignore significant numbers without jobs.

Similarly inflation number is pure d crap.

Tariffs can only help correct a corrupted trade situation. Canadian lumber tariffs has timber industry as busy as old hands have seen in their lifetime - they do work!

a reply to: ufoorbhunter

I guess the reason being is we have the infostructure and transportation facilities in place to transport goods and services all over the continent and globe in a matter of hours/days.

If i buy milk i simply require it to not cost the best part of £2 a jug.

Certainly, don't necessarily disagree with some of your suggestions, but not with Trump nor tariffs, as all both seem to do is disrupt trade rather than enable such.

Have to also consider ufoorbhunter we simply do not have the industrial capabilities that our nation was afforded in the past, Thatcher and her ilk seen to that, especially where heavy industries are concerned.

originally posted by: Phage
a reply to: ElectricUniverse

Last year in the first quarter our GDP was 2.1 in the first quarter of 2019 it grew to 3.1 and economists didn't think it would grow past 2.5.

3.1 what? Trillion?

That seems pretty pathetic. Especially in comparison to our debt, which is now at $22 trillion and rising faster than ever. Them corporate tax cuts sure was a good idear.

this know it all knows it all unless it goes against what he knows!

Of course he knows it's a percentage.....

But Trump is bad and orange and this economy sucks.....

Lolz

🤪

Dont bother arguing with this sort

originally posted by: roadgravel


Yeah, if working less hours for a lower pay rate is winning.

Did you blame Obama for that?... Because it was Obama and his ACA that caused that... It wasn't POTUS Trump...

You should put the blame where it is due instead of transferring the blame from Obama because you don't like the current POTUS...