- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: A Yahoo Finance flash story popped up with columnist saying Trump’s tariffs would be worse
Posted on 9/17/24 at 11:23 pm to Indefatigable
Posted on 9/17/24 at 11:23 pm to Indefatigable
quote:
There is no honest way to describe tariffs as anything other than inflationary. Tariffs are a tax that will raise costs on the US consumer.
They make no economic sense when applied to goods that we do not produce domestically
Are we back to pretending there were no tariffs in Trumps first term?
0
Posted on 9/17/24 at 11:27 pm to Blutarsky
Why would you take a chance on some inflation you don’t even know? Biden’s inflation is available, vote Kamala.
Posted on 9/17/24 at 11:34 pm to OceanMan
So Indefatigable, tell the board who you're voting for. If Harris, I would hope you could put enough time and energy explaining why her approach would be th best.
Posted on 9/18/24 at 12:25 am to Indefatigable
Good concept. I would love it. Do it.
1. No income tax = Americans have more money to spend.
2. Tariffs raised significantly at an amount equal to lost income tax.
3. Foreign goods will cost more.
4. Therefore, Americans spend their new extra money on American-made products which are now competitively priced.
5. More American factories and production needed to meet increased domestic demand.
6: American economy booms at expense of foreign economies.
7. Trickle down significant benefit to state and local governments due to increased sales tax revenue.
1. No income tax = Americans have more money to spend.
2. Tariffs raised significantly at an amount equal to lost income tax.
3. Foreign goods will cost more.
4. Therefore, Americans spend their new extra money on American-made products which are now competitively priced.
5. More American factories and production needed to meet increased domestic demand.
6: American economy booms at expense of foreign economies.
7. Trickle down significant benefit to state and local governments due to increased sales tax revenue.
Posted on 9/18/24 at 12:35 am to Blutarsky
Look at what's happening with immigration. Illegals being imported to do no-skill labor for cheap wages.
If we add tariffs to bring more low-skill/no-skill jobs to the US, these companies will just want to import more Haitians to fill those jobs. If we're not producing the products here anymore, fine. Don't raise tariffs (lower cost for consumers) and less bullshite jobs here in the US (like Topre hiring illegals).
No-skill labor will continue to be done by foreigners---so let it be done on their soil. I sure as shite don't want them here.
If we add tariffs to bring more low-skill/no-skill jobs to the US, these companies will just want to import more Haitians to fill those jobs. If we're not producing the products here anymore, fine. Don't raise tariffs (lower cost for consumers) and less bullshite jobs here in the US (like Topre hiring illegals).
No-skill labor will continue to be done by foreigners---so let it be done on their soil. I sure as shite don't want them here.
Posted on 9/18/24 at 1:01 am to Indefatigable
This post was edited on 9/18/24 at 1:03 am
Posted on 9/18/24 at 1:36 am to Indefatigable
quote:
We don't have the workforce for unskilled, low wage, low benefit factory jobs making cheap bullshite anymore.
No one wants those jobs in the US anyway.
Wrong. All of the chicken processing plants that got raided and sanctioned for hiring illegals went back to hiring Americans. It worked. Chicken is still the cheapest meat. All the chicken plants should be raided like that, imo.
And for closer to home, look at places like Howard Industries out of the Hattiesburg, MS area. They have in-house manufacturing, hiring 100% legal US citizens, and they are still competitive in the electrical power transformer and medical device industries.
The idea that we have to move jobs overseas for cheaper labor is a fallacy. The real problem is potential workers getting paid to not work by big daddy gov and unions demanding that low skilled workers get salaries far above what they are worth.
This post was edited on 9/18/24 at 1:40 am
Posted on 9/18/24 at 2:06 am to Indefatigable
OP=retard @ a idiot
Posted on 9/18/24 at 3:08 am to geauxtigers
How come people don't understand the difference between a negotiating position and the real goal?
Or do they but they play stupid?
Or do they but they play stupid?
Posted on 9/18/24 at 3:19 am to Blutarsky
HOW ABOUT MANUFACTURING IN THE USA????
does anyone get it! bunch of retards
does anyone get it! bunch of retards
Posted on 9/18/24 at 3:23 am to Blutarsky
We don’t hate all the legacy media enough.
Posted on 9/18/24 at 4:07 am to Indefatigable
quote:
They make no economic sense when applied to goods that we do not produce domestically.
I would say that.. They at least have a possibility of economic sense vs throwing dollars into the economy and creating inflation. A tariff at least creates decisions is it worth it to make my product overseas? Is the foreign govt going to subsidies the tariff amount to keep my product being manufactured there ?
To me there is no doubt that printing money and tariffs are painful for the middle class in the near term. ...but the question is how long is that near term for tariffs..vs the political election cycle
Posted on 9/18/24 at 4:42 am to Indefatigable
quote:not counting Covid the labor participation rate, near 62%, hasn't been this low since the Carter era.
Because they went overseas many decades ago. They are not coming back. We don't have the workforce for unskilled, low wage, low benefit factory jobs making cheap bullshite anymore.
Make cheap Chinese consumer goods more expensive, and we'll just be buying them from Vietnam or India or Mexico. The jobs aren't coming back. No one wants those jobs in the US anyway.
Are there things we can bring back in vital industries, absolutely. But that will come on the domestic investment side, not in punitive measures abroad. Those industries will just choose a cheaper foreign alternative.
And just because Biden wants us to pay for overpriced, useless degrees doesn't mean that is a skilled workforce.
This post was edited on 9/18/24 at 4:45 am
Posted on 9/18/24 at 4:43 am to Blutarsky
Newman wrote that. He is eaten up with the TDS and has a new OMB story almost daily.
Posted on 9/18/24 at 4:47 am to Indefatigable
quote:
No one wants those jobs in the US anyway.
Why go work those jobs when you can live off the government, but that's how they stay in power and keep their votes. Instead of expanding the welfare program how about expanding our economy by making goods domestically and force azy motherfrickers to go work
This post was edited on 9/18/24 at 4:48 am
Posted on 9/18/24 at 4:59 am to Indefatigable
quote:
Tariffs are a tax that will raise costs on the US consumer.
I think you're missing the point about why Trump's tariffs were put in place. It's to encourage domestic production and decrease reliance on foreign adversaries.
Posted on 9/18/24 at 5:04 am to The Pirate King
quote:
I think you're missing the point about why Trump's tariffs were put in place. It's to encourage domestic production and decrease reliance on foreign adversaries.
Trump's "great idea" is universal baseline tariffs. That is tariffs on all imports. Tariffs on coffee, tea, rubber, cocoa etc. How do you encourage domestic production on those imports?
Posted on 9/18/24 at 6:08 am to Indefatigable
quote:
Because they went overseas many decades ago. They are not coming back. We don't have the workforce for unskilled, low wage, low benefit factory jobs making cheap bullshite anymore.
The word is “automation.”
If fast food can be streamlined, then most other low wage jobs can be as well.
Plus, there are millions of illegals here now.
Haitians work for minimum wage. Just ask Ohio.
Posted on 9/18/24 at 6:11 am to Indefatigable
quote:
No one wants those jobs in the US anyway.
And why is that?
Posted on 9/18/24 at 6:20 am to AquaAg84
quote:
So Indefatigable, tell the board who you're voting for. If Harris
Oh, I don't think he's voting Harris. I suspect he's casting an imaginary vote for the perfect candidate. Or, maybe "Libertarian".
Page 2 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News