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re: How did we get into this trade mess to start with?

Posted on 4/10/25 at 9:50 am to
Posted by Bigdawgb
Member since Oct 2023
3332 posts
Posted on 4/10/25 at 9:50 am to
quote:

Tariffs and restrictive trade measures have been proven to hurt more than they help. That is why we have the largest economy in the world without them, and countries that use them have inferior economies to ours.


I agree that tariffs/restrictive measures can be damaging, but our economy is #1 for waaaaaay more reasons than tariff policy, such as natural resources, a large, highly educated workforce, and relatively high freedoms neither related to tariffs nor economic restriction.

You're grossly oversimplifying and can make a better argument
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
35847 posts
Posted on 4/10/25 at 9:51 am to
Trade deficits are a psychological hang up. For example:

We will always have a trade "deficit" with Canada. 1) US has 9× more people .....Canada has 40 million people, US has 335 million. They have items we need like oil and aluminum . We buy a shittonnne of it from them at market rates and sometimes a discount. We have auto manufacturers that are US companies with factories in Southern Ontario and Michigan positioned to maximize both markets and create an integrated supply chain. Everyone has won in that arrangement....including the dairy farmers who don't see that big tariff unless US imports hit a certain threshold that happens infrequently.

It's just an example of a smart trade deal

Our current deals with Japan and SoKo, are always being tweaked. There are reasons why US cars are not big sellers there, and it is not necessarily due to tariffs. But, we keep them fed....literally and they deliver reliable quality products to us.....along with jobs. See Toyota plants in places like Tupelo, MS.

Yes, we do have a shitty deal with the ChiComs. But that is about it.
Posted by Flats
Member since Jul 2019
26902 posts
Posted on 4/10/25 at 9:53 am to
quote:

but then in the early 1990s Liberty plant that made overalls and other Liberty brand clothes closed and production of those items was moved to China.


It closed because people didn't buy their overalls because they were too expensive.

I also hate what the last 50 years has done to small towns, but I don't think subsidizing denim overalls will bring them back.
Posted by joe68
Hamilton ,MT
Member since Sep 2003
2909 posts
Posted on 4/10/25 at 9:54 am to
On November 5th stupid people in America voted for a idiot that’s how
Posted by Flats
Member since Jul 2019
26902 posts
Posted on 4/10/25 at 9:55 am to
quote:

Trade deficits are a psychological hang up.


They're a damned intelligence hang up.
Posted by mauser
Orange Beach
Member since Nov 2008
26060 posts
Posted on 4/10/25 at 9:55 am to
Bush, Clinton, Bush and their manufacturing supporters. 3rd world labor dirt cheap and much less regulatory expense. Manufacture 3rd world, implement low import tariff, and screw American manufacturing employees. It's all about profit.

100+ years ago the textile industry moved to the impoverished Southeast because New England production was too expensive. Now the SE textile workers are too expensive.
Posted by JimEverett
Member since May 2020
1930 posts
Posted on 4/10/25 at 10:01 am to
By the early 70s there was a policy shift by our government/economic leaders. They saw the value of a domestic demand economy. Consume consume consume would drive the economy of the USA and it also squared up with the dominant foreign policy goal at the time - containment of the Soviet Union. Manufacturing was dirty, gross, and didn't pay as well as service industries - so promote college, make college easy to get into, even for people who really cannot afford it.

It was all by design.
I think overall it has been somewhat successful. But the excesses of the scheme need to be pulled back, and I think that is what Trump is trying to do.
Posted by GBPackTigers
Louisiana
Member since Sep 2009
1522 posts
Posted on 4/10/25 at 10:03 am to
Our politicians sold out our country for foreign countries to give them, their family members, and lawyer buddies kickbacks. It’s really that simple. Nobody in politics should be as wealthy as they are with their salary.
Posted by EphesianArmor
Member since Mar 2025
2507 posts
Posted on 4/10/25 at 10:09 am to
Jekyll Island 1913.

Bankers-Rothschild Inc control and imposition of UN-Globalism plan post WW2

Chyna's designation as "Most Favored Nation" in 1992 (and transfer of US Tech R&D) and Agenda 21 was treasonous betrayal that spelled the death knell for America's superiority of manufacturing, self-reliance and independence

The unique greatness of US identity, economics, and independence has been steadily eroded, dismantled and outright sabotaged by The Enemy Within.

The true 'Golden Age' of the US only lasted around 25 years (1946-1971.) It just seems much longer.





Posted by Taxing Authority
Houston
Member since Feb 2010
62552 posts
Posted on 4/10/25 at 10:13 am to
quote:

I’m sorry but this is idiotic. Just travel though any state and you’ll find the dying corpse of small town after small town that use to be thriving but are now dead.
This isn't just due to importing good, tho. Urbanization has been a thing since the industrial revolution and mechanized farming. Even China is seeing massive urbanizimg. Yet... they are an export nation.

quote:

I grew up a few miles outside of one such small town in northern Alabama. It’s called Altoona. Back in the 70s and 80s, it was thriving. Had a variety stores, doctor offices, restaurants, etc. but then in the early 1990s Liberty plant that made overalls and other
I grew up in a small town too. Loved it. But nostalgia isn't a good basis for policy. We don't use steam engines anymore, but man, they were cool!

quote:

Liberty brand clothes closed and production of those items was moved to China. When the Liberty plant closed, it killed Altoona. Now there’s empty building after empty building. All that’s left is a bank and a gas station.
So the question here is... was working in a sewing shop the best (and only) thing those employees were capable of? If the answer is yes, "trade" isn't the problem.
This post was edited on 4/10/25 at 10:20 am
Posted by Taxing Authority
Houston
Member since Feb 2010
62552 posts
Posted on 4/10/25 at 10:16 am to
quote:

Trade deficits are are irrelevant. We have the biggest economy. We have the most money. Of course we will spend more on goods from other countries than they will spend on ours.
Some of them literally think we have to repay the trade deficit, apparently.

The idea that the US should export as much as they import is like saying Elon Musk shouldn't be buying more than the average Joe is.
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
14218 posts
Posted on 4/10/25 at 10:20 am to
quote:

Tariffs and restrictive trade measures have been proven to hurt more than they help. That is why we have the largest economy in the world without them, and countries that use them have inferior economies to ours.



So then you agree that using them as leverage to get other countries to remove theirs will help everyone? And America will be better off in the long run when we have new trade deals that enhance free trade instead of making it one sided like it’s been for decades?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465838 posts
Posted on 4/10/25 at 10:22 am to
quote:

Just travel though any state and you’ll find the dying corpse of small town after small town that use to be thriving but are now dead.


Changing society and bad choices caused this.

There are jobs for these people. Even manufacturing jobs.

quote:

I grew up a few miles outside of one such small town in northern Alabama. It’s called Altoona. Back in the 70s and 80s, it was thriving. Had a variety stores, doctor offices, restaurants, etc. but then in the early 1990s Liberty plant that made overalls and other Liberty brand clothes closed and production of those items was moved to China. When the Liberty plant closed, it killed Altoona. Now there’s empty building after empty building. All that’s left is a bank and a gas station.


Now, look at how many OTHER factories have opened in Alabama.

LINK

quote:

In 1993, Mercedes-Benz announced plans to open its only US assembly plant in Alabama. From there the road has been paved for auto manufacturers to take advantage of our competitive incentives and skilled workforce. Honda, Hyundai, Mazda-Toyota and an ever-expanding network of auto suppliers have made their home here, putting Alabama in the Top 5 nationally for automotive production and the No. 1 state for auto exports.


LINK

quote:

Last year, we introduced four of these projects — a solar plant in Lawrence County, a J.M. Smucker plant near Birmingham, an aluminum plant in Baldwin County and a bridge to ease traffic across the waters between Mobile and Baldwin counties.

Since then, two are open; two are still in the works.
This post was edited on 4/10/25 at 10:23 am
Posted by Grumpy Nemesis
Member since Feb 2025
2033 posts
Posted on 4/10/25 at 10:22 am to
I see a lot of detailed attempts at answering the question but the real answer isn't all that complicated. The real answer is got the majority of bureaucrats in Washington DC are liberals regardless of who the president is and the majority of liberals consider the United States to be a worldwide villain. So a lot of the people that theoretically are working on our side are actually working for the other team because they think we deserve our comeuppance.
Posted by Robin Masters
Birmingham
Member since Jul 2010
34894 posts
Posted on 4/10/25 at 10:24 am to
quote:

How is it we have ended up with such shitty trade deals with virtually every country on the planet?


My theory is our politicians are getting juice on the tariffs they allow on our products.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465838 posts
Posted on 4/10/25 at 10:24 am to
quote:

My theory is our politicians are getting juice on the tariffs they allow on our products.


Posted by lake chuck fan
Vinton
Member since Aug 2011
21280 posts
Posted on 4/10/25 at 10:28 am to
quote:

On November 5th stupid people in America voted for a idiot that’s how


Us stupid people had one other option, Harris/Waltz. Do you think the US would be better off with Harris/Waltz in the White House?
Posted by duckblind56
South of Ellick
Member since Sep 2023
4434 posts
Posted on 4/10/25 at 10:31 am to
quote:

Incompetence, weak leadership, corruption, etc. etc.



I would have to take a guess that corruption would be at the top of the list.
Posted by Robin Masters
Birmingham
Member since Jul 2010
34894 posts
Posted on 4/10/25 at 10:43 am to
You’re a grown man using emojis. Read that as many times as required for you to feel the appropriate level of shame.

Posted by SneezyBeltranIsHere
Member since Jul 2021
4171 posts
Posted on 4/10/25 at 10:46 am to
quote:

So then you agree that using them as leverage to get other countries to remove theirs will help everyone?


I certainly do not. If I had a magic wand and could make all tariffs disappear, that would be great! However, the US utilizing protectionist policies like tariffs will do more harm than good. History has proven this and the markets agree.

quote:

And America will be better off in the long run when we have new trade deals that enhance free trade instead of making it one sided like it’s been for decades?


What does this mean to Trump? Trump promised to bring back manufacturing to the US. New trade deals would keep manufacturing abroad. Trump's aims and goals conflict with each other, which is another ingredient in this cocktail of uncertainty that is tanking the markets and hurting us all.
This post was edited on 4/10/25 at 10:48 am
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