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re: Let me get this straight, the main reason we are doing this is to bring more jobs to US?
Posted on 4/9/25 at 10:46 am to SlowFlowPro
Posted on 4/9/25 at 10:46 am to SlowFlowPro
quote:What was emotional about that from me? You like getting cheap shyte made in other countries. Why is that shyte cheap? Because the workers there are working for pennies (compared to what would be paid to workers in America), with no benefits or worker protection regulations. And workers in those countries are often kids.
Nice shift to emotional arguments.
This post was edited on 4/9/25 at 10:51 am
1
Posted on 4/9/25 at 10:46 am to geauxcoco
Every other country has tariffs on the USA. Time to get ours.
Posted on 4/9/25 at 10:47 am to NC_Tigah
Geez, Rand doesn’t know money is stored labor. Bad look.
Grocery store sells you $100 of food for $100 of your labor. The money is just a more efficient means of exchange.
Grocery store sells you $100 of food for $100 of your labor. The money is just a more efficient means of exchange.
Posted on 4/9/25 at 10:47 am to NC_Tigah
quote:
NC_Tigah
You think that's a dumb analogy? FFS, you've got people attempting to make economic arguments but when they discuss trade deficits they only look at one side of the transaction. If you don't understand how idiotic that is I can't help you.
Posted on 4/9/25 at 10:49 am to Robin Masters
quote:
The data you choose to look at perhaps.
Like...job openings? Yes.
quote:
I’m sure soldiers killed in battle only have themselves to blame right? I mean, plenty come home and live prosperous lives right?
Bad analogy is bad.
quote:
You seem to be promoting a system dependent on trading with communist countries.
Not dependent on, but willing to take full advantage of the opportunities for trade with them.
quote:
I’d think most intellectually honest people would consider such a predicate a nonstarter while entering a debate about the merits of a capitalist free market trading environment.
I don't use emotional thinking, so that's not really on the table.
quote:
Feel free to quote the Adam Smith paragraph were he explains that capitalism works best when your trade partners are communist.
I'll give you Friedman, instead
quote:
What about the argument of unfair competition? What about the argument that the Japanese dump their goods below cost? As a consumer, all I can say is the more dumping the better. If the Japanese government is so ill-advised as to tax its taxpayers in order to send to us, at below cost, TV sets and other things, why should we as a nation refuse reverse foreign aid?
Posted on 4/9/25 at 10:49 am to geauxcoco
quote:
The only people who will want those jobs he’s deporting left and right.
Sentiment will change when entitlements start to wither away.
Posted on 4/9/25 at 10:49 am to BozemanTiger
quote:
You should probably go back to using your a$$ as a place to shove latex into and less as a prognosticator of real world events.
Was that directed at me? I was just laughing at the insane, belligerent tribalism of this Board.
Other than the word of God, I don't care WHO says something. If they make sense, I agree with them. If they don't, I will try to make sure I understand what they're saying...and if it's important enough, I will engage them. Maybe they know something I don't know. Maybe I will change my mind based on that.
Most of you seem to dismiss what SFP says just because he said it. That's just as irrational as Trump Derangement Syndrome.
Posted on 4/9/25 at 10:49 am to BozemanTiger
Deleted duplicate
This post was edited on 4/9/25 at 10:50 am
Posted on 4/9/25 at 10:49 am to Flats
quote:
That's how our current welfare state came into existence.
Thank you
Posted on 4/9/25 at 10:50 am to Purple Spoon
quote:
have the lowest unemployment rate
quote:
now do participation rates among able bodied adults
Americans aged 15-64 208 million
Number of Americans employed 163 million
So 45 million Americans between 15 and 64 dont have a job
We dont need more people
Posted on 4/9/25 at 10:51 am to Flats
quote:It is stupid beyond belief.
You think that's a dumb analogy?
quote:I have no idea what you're talking about in that statement
when they discuss trade deficits they only look at one side of the transaction
This post was edited on 4/9/25 at 10:54 am
Posted on 4/9/25 at 10:53 am to RollTide4547
quote:
You like getting cheap shyte made in other countries.
I think it's economically efficient to do so.
quote:
Why is that shyte cheap?
Their economies are at a different stage of development and labor is cheaper.
Since I have the Friedman document open, I'll let him explain it
quote:
Let me put it to you in a simple way. In a domestic illustration, I have a lawyer who is a very good typist. Does that mean he should dispense with his secretary and type his own letters? He may be a better typist than his secretary but if he's only one and one-half times as good a typist but five times as good a lawyer, both he and his secretary are better off if he concentrates on doing the law and she concentrates on typing the letters, or in this day and age I should say she concentrates on doing the law and he concentrates on typing the letters. (As it happens, I have a daughter who is an attorney, so that's personal as well as general.)
quote:
Because the workers there are working for pennies (compared to what would be paid to workers in America), with no benefits or worker protection regulations.
Sure. That would suck in America, but it's a necessary economic step in the development of a nation. Sweatshops are a GREAT thing for poor countries to begin the process of industrialization and developing their economy.
The shining example post-WW2 isn't China, but their step-sibling they don't acknowledge, Taiwan.
Posted on 4/9/25 at 10:53 am to SlowFlowPro
quote:
Like...job openings? Yes.
I replied to your previous post. Openings are not unfilled positions. Turnover rate is around 4%. The 430k openings are what you’d expect in a country with 12,000,000 manufacturing jobs.
quote:
What about the argument of unfair competition? What about the argument that the Japanese dump their goods below cost? As a consumer, all I can say is the more dumping the better. If the Japanese government is so ill-advised as to tax its taxpayers in order to send to us, at below cost, TV sets and other things, why should we as a nation refuse reverse foreign aid?
Japan is communist now. You learn something new everyday here.
And we imposed massive tariffs on Japanese cars to great effect. Thanks for reminding the board!
Posted on 4/9/25 at 10:54 am to SlowFlowPro
quote:
Then cut welfare
I agree. Work or starve. I feel bad for the kids and I don’t know the solution for sky high daycare cost for single mothers, but we have to disincentive welfare participation.
quote:
No trade war necessary
Mostly Disagree. We have to bring back industry for us to be self sufficient in essential industries. If the shite hits the fan, we can’t start from zero. If it takes a trade war to get there, then so be it.
This post was edited on 4/9/25 at 10:57 am
Posted on 4/9/25 at 10:54 am to Flats
quote:
That's how our current welfare state came into existence. I guess it's fabulous now.
Brought to you by the 19th Amendment.
Posted on 4/9/25 at 10:56 am to SlowFlowPro
quote:Friedman was wrong about a few things. That's one.
Let me put it to you in a simple way. In a domestic illustration, I have a lawyer who is a very good typist. Does that mean he should dispense with his secretary and type his own letters? He may be a better typist than his secretary but if he's only one and one-half times as good a typist but five times as good a lawyer, both he and his secretary are better off if he concentrates on doing the law and she concentrates on typing the letters, or in this day and age I should say she concentrates on doing the law and he concentrates on typing the letters. (As it happens, I have a daughter who is an attorney, so that's personal as well as general.)
Posted on 4/9/25 at 10:56 am to geauxcoco
quote:
Why do we need more jobs when we have the lowest unemployment rate in the world and just had an absolute stellar jobs report?
Let me know when we start counting people "not looking for work" as unemployed. I also wonder how many are considered "employed" while working 3 gig jobs that barely pay the bills
Posted on 4/9/25 at 10:56 am to Robin Masters
quote:
Openings are not unfilled positions. Turnover rate is around 4%. The 430k openings are what you’d expect in a country with 12,000,000 manufacturing jobs.
And they're still open.
And then the trades, which have a huge demand for the labor not being filled.
Etc. etc.
There are jobs. The people choose welfare and other lifestyles instead.
quote:
Japan is communist now. You learn something new everyday here.
What about China are you taking offense to, exactly, then, if not the government subsidies to promote their exports?
Or are you just virtue signaling with no substance?
Posted on 4/9/25 at 10:57 am to TrueTiger
quote:
Brought to you by the 19th Amendment.
I didn't think you were a woman. I've been wrong all these years.
Posted on 4/9/25 at 10:58 am to NC_Tigah
quote:
Friedman was wrong about a few things. That's one.
Why?
Especially in the context of muh sweatshops and slave labor?
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