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re: I love how everyone is suddenly an economist when it comes to tariffs

Posted on 2/23/26 at 4:00 pm to
Posted by SlidellCajun
Slidell la
Member since May 2019
16402 posts
Posted on 2/23/26 at 4:00 pm to
quote:

Manufacturing productivity is way up in the US. Robotics and automation have led to the employment decline. Would you prefer Robotics to manufacture in China? Vietnam? India? Or the US


Trump wants to bring back manufacturing jobs. Tariffs were his plan to make that happen.
We continue to see job declines in manufacturing. Tariffs aren’t working.

We will see an advancement in robotics.

How do you propose we increase our manufacturing jobs like trump wants?
Posted by SlidellCajun
Slidell la
Member since May 2019
16402 posts
Posted on 2/23/26 at 4:00 pm to
quote:

Manufacturing productivity is way up in the US.


Post evidence
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138898 posts
Posted on 2/23/26 at 4:03 pm to
quote:

I didn't ask for theoreticals. I asked for a good faith argument showing that we are in a worse position than those allegedly "benefiting" from the trade deficits.

You mean like the relative glideslopes of US and Chinese economies over the quarter century since China was awarded MFNTS?
Posted by GreatLakesTiger24
Member since May 2012
60663 posts
Posted on 2/23/26 at 4:09 pm to
Roger said Econ101 proves tariffs don't work
Posted by meansonny
ATL
Member since Sep 2012
26797 posts
Posted on 2/23/26 at 4:15 pm to
quote:

Trump wants to bring back manufacturing jobs. Tariffs were his plan to make that happen.
We continue to see job declines in manufacturing. Tariffs aren’t working.

We will see an advancement in robotics.

How do you propose we increase our manufacturing jobs like trump wants?


Investment in American industry will yield more jobs. But they aren't "shovel ready". I understand the desire to denigrate anything Trump wants to do as unsuccessful. But you don't build manufacturing plants overnight.

And the more factories that we build with investment, the more supply side opportunities open up regionally.

Automation is real. It is going to continue to erode manufacturing jobs (even as manufacturing production increases).
But the stateside factories we do have will yield those supply side opportunities that would never occur if the plants are overseas.

Im a realist. Some plans don't work.
I was originally skeptical of the tariffs. And the short term and long term effects can be argued in good faith by both sides. No one knows what the success rate will be.

But I do know that there are specific industries which must be brought stateside for national security interests. Tariffs can help massage that transition through incentives.

I do know that stateside industry will continue to automate. So there needs to be an even harder push to get more industry stateside to massage the transition for employment (if robotics are the future, why not have more production stateside?).

And I do know that there are bad actors on the global arena. And there is no viable international police to keep them in check. Tariffs are a powerful tool which should be available to the america first interest when bad faith actors arise. Trump is correct that America has been retarded for leaving that playing card off the table for so long.
Posted by meansonny
ATL
Member since Sep 2012
26797 posts
Posted on 2/23/26 at 4:28 pm to
quote:

quote:
Manufacturing productivity is way up in the US.


Post evidence


I understand it as common knowledge.

Google the following
quote:

us manufacturing productivity 2024 versus 2025


You get answers pulled from the federal bureau of labor statistics.
In 2025, productivity rebounded with mfg sector increasing 3.7% for the third quarter despite a 0.6% decline in manufacturing labor force.

The 2025 trend suggests a "doing more with less" scenario.

2023 to 2024, manufacturing lost 87,000 to 105,000 jobs. 0.3% increase in productivity (0.4% decrease in output and 0.7% decrease in hours worked).

2024 to 2025 lost 108,000 jobs despite the improved output. I dont think q4 productivity numbers are officially out (most of the data coming back seems to he Q3).
Posted by GreatPumpkin
Member since Mar 2022
3261 posts
Posted on 2/23/26 at 4:30 pm to
I think the Tarrifs could work in the long run. The problem is they would have to endure across multiple presidential terms to really get the necessary effects.
Posted by northshorebamaman
Mackinac Island
Member since Jul 2009
38339 posts
Posted on 2/23/26 at 4:31 pm to
quote:


They want access to our markets they should pay to cover the overhead that created the markets…it is simple… you gotta pay to play…
Would you frame this philosophy as protectionism?
Posted by meansonny
ATL
Member since Sep 2012
26797 posts
Posted on 2/23/26 at 4:40 pm to
quote:

quote:

They want access to our markets they should pay to cover the overhead that created the markets…it is simple… you gotta pay to play…
Would you frame this philosophy as protectionism?


Extortion.
Or America First.

Globalism isn't working. Wagging a finger at Russia, Venezuela, Iran, and China doesn't work the way that they (UN, NATO, EU) do politics.
"Insert your country here" First is the best approach.
If every country is out for their own interests, they will (or should be) stronger if they do it properly.

When everyone is stronger, you have better deterence for bad faith actors around the globe.
More independence from Russian oil
More independence from Taiwan chips.
More independence from overseas drug manufacturing.

The truth that was uncovered during the pandemic was that America will not hurt Americans for the global benefit. The same for other countries back to us.
The truth uncovered during Russia's invasion of Ukraine is that the EU and Nato were impotent. So was the brain function of our presidential administration.

If we don't do business differently, we are going to repeat the same blunders. And the countries who do behave "insert your country here" First will continue to take advantage of the world's self restrictive SOPs.
Posted by northshorebamaman
Mackinac Island
Member since Jul 2009
38339 posts
Posted on 2/23/26 at 4:52 pm to
quote:

Extortion.
Tariffs are extortion?
quote:

If we don't do business differently, we are going to repeat the same blunders. And the countries who do behave "insert your country here" First will continue to take advantage of the world's self restrictive SOPs.

Are we pursuing strategic resilience in specific sectors, or are we embracing broad economic nationalism? Those are different doctrines. One is targeted. The other is systemic.

Posted by Zgeo
Baja Oklahoma
Member since Jul 2021
3681 posts
Posted on 2/23/26 at 4:54 pm to
quote:

They want access to our markets they should pay to cover the overhead that created the markets…it is simple… you gotta pay to play…
Would you frame this philosophy as protectionism?

I would frame it as level playing field……
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138898 posts
Posted on 2/23/26 at 5:13 pm to
quote:

I asked for a good faith argument showing that we are in a worse position than those allegedly "benefiting" from the trade deficits.
Here's what I'd suggest as you're not going to take my word for it.
Check in with your favorite AI.

Ask your AI "If US policy was focused on manufacture preservation domestically enough to have maintained trade balance for the past 35yrs, what would our national debt look like?"

----------------------------------

It is a complicated question.

Insist the AI consider that:
• An inherent stronger manufacturing base means more corporate tax revenue, payroll and income tax revenue.
• Associated lower social spending (fewer displaced workers means less reliance on disability, food assistance, Medicaid, etc. which expanded significantly in the Rust Belt following US deindustrialization).
• Stronger GDP growth compounds, so even a modest sustained improvement in the growth rate meaningfully changes the debt-to-GDP ratio.
• Trade deficits vs the USD as the world reserve. i.e., Internationals recycling their export earnings into US Treasuries allows the US to borrow cheaply for decades. Without that demand for Treasuries, interest rates would likely have been higher, and debt servicing costs greater.
• A more balanced trade position might have meant a weaker dollar over time, which raises import costs and can be inflationary — potentially forcing tighter monetary policy and slower growth at various points.
• The consumer benefits of cheap imports- which functioned as a kind of hidden wage subsidy - would have been absent. Americans would have spent more on goods, leaving less for savings and investment, possibly dampening growth.
• If the US had maintained manufacturing scale, it might have done so through protectionist policies that invite retaliation and reduce export competitiveness in other sectors like agriculture and services, where the US has genuine advantages.
• There's also a counterfactual on spending: Congress has historically expanded spending to fill whatever borrowing capacity was available. It's not obvious the political system would have banked the savings rather than spent them.
Posted by meansonny
ATL
Member since Sep 2012
26797 posts
Posted on 2/23/26 at 5:21 pm to
The extortion reference is a joke that we throw a tariff up any time there is any possible justification.
Someone has a tariff on us?
Someone steals intellectual property?
Someone buys from Iran, Venezuela, Cuba, or Russia?
Someone isn't pulling their weight in NATO or other alliance capacity?
"Say uncle or pay a tribute".

quote:

Are we pursuing strategic resilience in specific sectors,


I think Trump wants the world to pull their pants up and get stronger. Or don't and we won't involve that country in any of our economic or geopolitical future because that country can't help us.

The UK was embarrassed that we excluded them from plans against Iran in the summer of 2025. But why should we include them other than we have a history together? They are neither strong politically or militarily.

Trump wants strong partners for strong partnerships. But globalism has Europe still buying gas from Russia 4 years after the invasion of Ukraine. Europe is literally helping to fund the war that they are sending resources to continue on Ukraine's behalf.
Posted by PurpleCrush
ATL
Member since May 2014
2430 posts
Posted on 2/23/26 at 5:40 pm to
How are those sissy fit 10 no 15 now tarrifs working by the dow today?

He did this after the SC gave him an off ramp.
Can't get out of his own way and yall love it, smh
Posted by meansonny
ATL
Member since Sep 2012
26797 posts
Posted on 2/23/26 at 5:48 pm to
I did.

Then I asked AI, "what is worse for the US national debt: the 50 year trade deficit or 50 years entitlement spending".

"Does the US economy perform better with a strong dollar or weak dollar"

"How does the US trade imbalance over the past 35 years affect the US dollar"

The trade deficit is virtually irrelevant. The strength of the dollar wags the deficit. Not the other way around.
Posted by 4cubbies
Member since Sep 2008
61385 posts
Posted on 2/23/26 at 9:30 pm to
quote:

reads funny, I suppose you mean "After 20 years, I have come to accept that strange men on a political discussion board I will never meet, enjoy talking about me having sex with other men"?


There’s still a misplaced modifier. I should have kept it simple: random strangers enjoy discussing me having sex with other men.

While calling people who disagree with them politically “cucks.”
Posted by Taxing Authority
Houston
Member since Feb 2010
63322 posts
Posted on 2/23/26 at 10:09 pm to
quote:

It is not an assumption at all. It's fact.
It's not. We've been printing for decades. We can still afford imported goods. And our "trade deficit" reflect that. In fact, many claim we can afford too many imported goods, and they want to make them artificially more expensive. That screams strong currency, not weakening currency.

quote:

Is demand for a currency ever "fixed and satiated" other than in theory?
You can buy a $500 trillion zimbabwe note on ebay for about $20 usd. I'd say the appetite for zimbabwe dollars is pretty well satisfied.

quote:

Now, as you put it, THAT's one hell of an assumption. And clearly false.
we have he most expensive labor on the planet. The idea we're going to maintain that, while being price competitive with nations where equivalent labor is less than $100/wk is... kinda magical thinking, unless I'm missing something. .

While we *could* say, we'll just overpay for what things are worth, that's not how wealh gets built. That's how wealth gets destroyed. If we could create wealth for ourselves by overpaying, why wouldn't we offer the car dealership MORE than the sticker price?
Posted by BBONDS25
Member since Mar 2008
59466 posts
Posted on 2/23/26 at 10:10 pm to
quote:

You can buy a $500 trillion zimbabwe note on ebay for about $20 usd. I'd say the appetite for zimbabwe dollars is pretty well satisfied.


using the Zim as an example? My man. I respect you and your intellect, but using the Zim is disingenuous.
This post was edited on 2/23/26 at 10:11 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
63322 posts
Posted on 2/23/26 at 10:16 pm to
quote:

using the Zim as an example?
I mean, is it a currency with littel demand? Clearly. They have a pretty small trade deficit, too.

Think of it this way... what currency woulde you prefer to be paid in than USD? I cannot think of a single one. But I'm open to ideas
This post was edited on 2/23/26 at 10:32 pm
Posted by northshorebamaman
Mackinac Island
Member since Jul 2009
38339 posts
Posted on 2/23/26 at 11:36 pm to
quote:

I would frame it as level playing field……
Is the goal is that we shouldn’t run trade deficits? Then what would a “level” playing field actually look like? Perfectly balanced trade with every country? Balanced in total?

Trade deficits don’t just fall out of bad deals. They reflect that the U.S. is a magnet for global capital. Foreign investors park money here, which strengthens the dollar. A strong dollar makes imports cheaper and exports relatively more expensive. Even under symmetrical rules, that dynamic doesn’t change.

So I’m honestly asking: is the objective balance for its own sake? Or is there a specific harm you think the deficit is causing? Higher prices? Lower wages? Strategic vulnerability?

If the concern is dependency in certain critical sectors, that’s a focused argument. Or is it simply that we buy more than we sell?

Why do we want a level playing field with Malaysia, for example?
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