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Started By
Message
re: 7 Quick Takeaways from America's New Trade Agreement with Canada and Mexico
Posted on 10/2/18 at 9:38 pm to I B Freeman
Posted on 10/2/18 at 9:38 pm to I B Freeman
quote:
I B Freeman
You have zero credentials to even be posting this. Who are you to think you know better than the God Emperor what a good trade deal is?
0
Posted on 10/2/18 at 9:40 pm to I B Freeman
quote:
This will force more cars to be produced in the U.S.
Michigan
quote:
U.S. dairy farmers,
Wisconsin
quote:
restrictions on Canadian steel and aluminum also remain in place
Pennsylvania
Posted on 10/2/18 at 9:41 pm to BurningHeart
quote:
See, you're already responding emotionally without reading my whole post through and thinking logically before responding...
Nope just getting to the basics that you deny.
You have described what you think is some long term benefit and you are wrong. You said industries will get more efficient--that is not true. You said prices will come down--why? history proves that is not true.
Protectionism--contrary to all your arguments--reduces the very desirable advantages to an economy of competition. That is the bottom line not even you should try to deny.
Posted on 10/2/18 at 9:41 pm to member12
^ This guy gets it.
Posted on 10/2/18 at 9:42 pm to Pendulum
quote:
I'm reading this spin, but even spun, it still sounds pretty good for the US,
We must be reading the same thing.
Posted on 10/2/18 at 9:43 pm to I B Freeman
Posted on 10/2/18 at 9:43 pm to I B Freeman
quote:
Simply has not be proven to be a problem. The idea that we have to be a manufacturing economy is wrong headed. (We will again be a manufacturing economy as labor becomes less and less a cost of manufacturing as AI and robots expand.) Most of the countries that have an average income higher than ours are not manufacturing economies. LINK
Ok let's just wait and bank on robotic technology becoming cost efficient enough, all while we bleed out manufacturing jobs.
Is that your strategy? Let someone else develop robotic technology and HOPE it applies to a significant portion of manufacturing where we can bring it all back to the U.S.?
You can't simply put the nation's fate at the hands of others, with a blind hope on robotics.
This post was edited on 10/2/18 at 9:44 pm
Posted on 10/2/18 at 9:44 pm to I B Freeman
quote:
Protectionism--contrary to all your arguments--reduces the very desirable advantages to an economy of competition.
Lcorrect
The US need to produce those things it does the most efficiently. Protectionism removes the mechanisms for that to happen
Posted on 10/2/18 at 9:45 pm to deltaland
quote:
They fail to mention how it benefits Mexican workers who will make more money, reducing the need for them to immigrate here. Less immigration means a tighter job market, which means rising wages. This helps offset the rise in costs of goods. The tariffs on steel and aluminum is to keep China from using the loophole by dumping substandard steel in Canada and having it shipped here from Canada
Don’t try to use logic with this waste of oxygen.
Posted on 10/2/18 at 9:46 pm to I B Freeman
quote:
consumers are the ones who will be hurt the most.
The same ones making said $16 an hour. Plus just got tax money back. I think they'll be OK
Posted on 10/2/18 at 9:47 pm to RogerTheShrubber
quote:
Lcorrect
The US need to produce those things it does the most efficiently. Protectionism removes the mechanisms for that to happen
Partially true. But like my first point, the U.S. is great at service... for the time being...
What happens later on when other countries begin expanding their service sectors, and are able to do it cheaper due to labor?
We can't keep playing this game of simply giving up our jobs to other countries over and over. They WILL catch up eventually and we'll be left with little competitive advantage.
C'mon people. Think past these little short term price increases and SEE THE LONG TERM.
Posted on 10/2/18 at 9:48 pm to member12
quote:
quote:
This will force more cars to be produced in the U.S.
Michigan
Higher cost of cars to consumers--50 states--less disposable income for other products--50 states
quote:
U.S. dairy farmers,
Wisconsin
Did you read how tiny the dairy concession is? Wisconsin will not even feel it. Surely you will agree that Trump often times exaggerates. (We would all be better off if Trump took the subsidies out of dairy--the remaining farmers would be much better off too.)
quote:
restrictions on Canadian steel and aluminum also remain in place
Pennsylvania
Screwing us all. How old are you? We have implemented protectionist tariffs for those steel companies for 50 years and they blow their resulting profits while we all pay more for steel. Their unions strike. Their owners do LBOs and enrich investment bankers and in a couple of years some of them will be in bankruptcy court again.
It is already happening-- Steel Workers Move Closer to a Strike
Posted on 10/2/18 at 9:49 pm to RobbBobb
quote:
The same ones making said $16 an hour
Let's just raise min wage to 16/hr
Would that benefit consumers?Posted on 10/2/18 at 9:49 pm to I B Freeman
quote:
You have described what you think is some long term benefit and you are wrong. You said industries will get more efficient--that is not true. You said prices will come down--why? history proves that is not true.
Really? Price pressures do not drive innovation and efficiency???
Do you know business at all?
Posted on 10/2/18 at 9:52 pm to BurningHeart
quote:
What happens later on when other countries begin expanding their service sectors, and are able to do it cheaper due to labor?
The US excels at innovation. That's what has given us the competitive edge. I don't see that changing unless...say the government does something to thwart that....
Competition breeds innovation which makes our industries across most sectors excel.
Posted on 10/2/18 at 9:53 pm to BurningHeart
quote:
Do you know business at all?
Obviously much more than you.
quote:
Price pressures do not drive innovation and efficiency???
Where does this price pressure come from when all their competitors are at a 25% tariffed disadvantage?
You are BADLY mistaken about this point. Not even close to correct.
Posted on 10/2/18 at 9:55 pm to I B Freeman
quote:
said industries will get more efficient--that is not true.
You don't know that. IMO you are simply tossing that out there. In short, efficiency = profit. That will not change in the foreseeable future.
Besides, this deal is only political theatre designed to gather support in swing states. If you believe for one second that Trump won't
renegotiate once solidly entrenched in a second term, then I'm not sure what can be added.
Posted on 10/2/18 at 9:56 pm to jimmy the leg
quote:
this deal is only political theatre designed to gather support in swing states
Correct, because it's not sound economically. It's a gamble
This post was edited on 10/2/18 at 9:57 pm
Posted on 10/2/18 at 9:59 pm to jimmy the leg
quote:
You don't know that
Proven through our history and world history.
Easy profits from protectionist tariffs do not result in more efficiency.
Quit the contrary--less competition hinders advances in efficiency.
Just think how much profit would have been in the telegraph business if the country had tariffed telephones service 100%? Would you have favored that in the name of saving telegraph jobs??
Posted on 10/2/18 at 9:59 pm to I B Freeman
So the author of that is as big a cuck as you?
Got it.
Got it.
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