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re: Tariffs not bringing in what trump said they would….
Posted on 4/29/25 at 11:09 pm to Powerman
Posted on 4/29/25 at 11:09 pm to Powerman
quote:
We don't have the capability to build everything here
Like what?
I mean, i get that some stuff just doesn't grow here. Coffee, etc.
But anything else? We can make it here. There might be some lag time to build out the infrastructure, sure.
But "we don't have the capability" is a temporary issue.
1
Posted on 4/29/25 at 11:10 pm to Powerman
quote:
No one knows what the goal really is
Trump has been crystal clear about it
repatriate business
level the playing field
increase revenue
IOW, reverse what obama/biden did
Posted on 4/29/25 at 11:11 pm to Powerman
quote:it’s not so much that as arguing with retards…it’s exhausting.
I notice no one has much to say now that some facts have been posted
quote:so far it’s been fantastic.
Keep living in pretend world and let me know how it works out for you
Posted on 4/29/25 at 11:11 pm to Aubie Spr96
quote:Yeah because the dem strategy of running the country into the ground worked out so great. Let's have more of that
I’ll never understand Republicans cheering taxes
Posted on 4/29/25 at 11:13 pm to CastleBravo
quote:
Like what?
I mean, i get that some stuff just doesn't grow here. Coffee, etc.
But anything else? We can make it here. There might be some lag time to build out the infrastructure, sure.
But "we don't have the capability" is a temporary issue.
You've figured out one part of it. We don't have the infrastructure in place. And yes some things don't grow here so if we want/need those products (and some of them we need and not just want) then they'll have to be imported.
But perhaps the one very obvious thing is we don't have the work force to build everything here. Where is the work force going to come from? You want to bring all apparel manufacturing back to the U.S. that takes more people. Same for many other industries.
It's a cartoon view of the world to think that we can produce everything that we consume here.
Posted on 4/29/25 at 11:13 pm to Powerman
quote:No spin is needed because the chart is stupid. Right now the whole situation is in flux and everyone is adjusting. The landscape is being reshaped, FINALLY
Can't wait to see how you spin this one
Posted on 4/29/25 at 11:17 pm to Powerman
quote:Who said anything about "everything?" But just because you're griping, how about you list all the things we can't manufacture compared to what all else the rest of the world can't manufacture. That list ought to be a few thousand things
We don't have the capability to build everything here
BTW, what's your alternative? Just keep getting raped and let critical things be manufactured offshore, such as pharma and tech?
Posted on 4/29/25 at 11:18 pm to somethingdifferent
quote:
No spin is needed because the chart is stupid. Right now the whole situation is in flux and everyone is adjusting. The landscape is being reshaped, FINALLY
But the point you're missing is that the claims in the OP completely fall apart when you run the math. The 5 billion dollar a day trade deficit only applies to recent months where we imported more to get ahead of the tariffs. The norm is more on the level of 2.35 billion per day which makes his claims completely false. And we don't have any data to suggest that we're currently running a surplus of 1 billion a day. And even if we are that is likely to be short lived when we need to restock imports.
In essence the claims made by OP were sensational and don't mean anything because as you said things are in flux right now. He's making the claim that we've managed to change our trade imbalance 6 billion per day in our favor. That's not reality. You know it's not reality. Anyone that can read a simple chart can see it's not reality. So what exactly is everyone celebrating other than junk data that means nothing to anyone? This is simplistic partisan puffery and nothing more. And that's the best case scenario. The worst case scenario is the claims in the OP are a flat out lie that he believed because he probably saw someone post it on X.
Posted on 4/29/25 at 11:21 pm to theballguy
quote:
Bringing 1b more than before?
If we were at -5b and now we're at +1b that's a 6b swing
Posted on 4/29/25 at 11:21 pm to somethingdifferent
quote:
BTW, what's your alternative?
Keep the trade war isolated to China and try to negotiate trade with minimal friction with our allies. What we have here appears to be poorly orchestrated chaos that is inflationary and hurts GDP growth. And perhaps worst of all ruins ties with our allies that took decades to build.
Posted on 4/29/25 at 11:21 pm to SlowFlowPro
Still waiting on your explanation about your imaginary 14th amendment
1. Invisible "division" between the first and last idea
2. Non citizens get rights, just "less than" citizens
As well as the other questions you were asked
1. Invisible "division" between the first and last idea
2. Non citizens get rights, just "less than" citizens
As well as the other questions you were asked
Posted on 4/29/25 at 11:22 pm to fr33manator
quote:
If we were at -5b and now we're at +1b that's a 6b swing
Except that isn't the case
Posted on 4/29/25 at 11:23 pm to Powerman
quote:
But perhaps the one very obvious thing is we don't have the work force to build everything here. Where is the work force going to come from? You want to bring all apparel manufacturing back to the U.S. that takes more people. Same for many other industries.
Option 1: "We need lots of low skill workers for all this manufacturing you want to do!"
Option 2: "Low skill jobs are never coming back due to AI and automation. AI and automation enable automated manufacturing that will negate the need for low skill workers."
You have to pick one. Please at least try to be logically consistent.
It is a cartoon view of the world to assume that we will return to 1950s style manufacturing.
Posted on 4/29/25 at 11:24 pm to Powerman
quote:Multiple countries have already caved and negotiated. More are in the process. Numerous businesses have committed to repatriate operations.
It's probably just something Trump made up at the rally today
That's more than any pres can say over the last 30 years but keep doomcasting
Posted on 4/29/25 at 11:25 pm to Warboo
quote:So, the plan is to make imports more expensive, thus drawing manufacturing back to the US, enabling improved wages for American jobs; and then we will turn around and export our products back to those countries, in order to pursue a 'balanced' deficit (many of which whom don't have a citizenry that can buy most of these products at their current prices), at an even steeper price capable of sustaining our higher wages, while also absorbing their export sector?
Time value of currency/money. We are the worlds consumer and plan to do it with a trade surplus of currency/money while building back our made in America manufacturing.
Posted on 4/29/25 at 11:27 pm to CastleBravo
It's possible that AI eventually displaces a lot of manual labor jobs. But we aren't there yet. And the short term still matters. If we want to bring back manufacturing here we'll need to supplement our work force with immigrants in the short term. There is no escaping this reality.
Posted on 4/29/25 at 11:28 pm to Powerman
quote:is that the situation is in flux, as I stated already. You're doomcasting when this process is in its infancy. This hasn't happened at this level worldwide over many, many decades. You're already missing the wins that have been gained in just a couple of weeks.
But the point you're missing
Did you read the news from India this week? Have you been keeping up with China?
Posted on 4/29/25 at 11:29 pm to northshorebamaman
quote:
So, the plan is to make imports more expensive, thus drawing manufacturing back to the US, enabling improved wages for American jobs; and then we will turn around and export our products back to those countries, in order to pursue a 'balanced' deficit (many of which whom don't have a citizenry that can buy most of these products at their current prices), at an even steeper price capable of sustaining our higher wages, while also absorbing their export sector?
That's one of the factors that no one is thinking about. If we repatriate the manufacturing here it makes our exports less competitive. Particularly with tariffs applied.
Posted on 4/29/25 at 11:30 pm to somethingdifferent
quote:
You're already missing the wins that have been gained in just a couple of weeks.
But at what cost did we get those wins? This whole trade war comes with massive downside risk. It's a huge gamble and anyone who tells you otherwise is not worth listening to.
Posted on 4/29/25 at 11:30 pm to Powerman
quote:In case you missed the chart, we're getting raped BY EVERYONE. Including allies.
Keep the trade war isolated to China and try to negotiate trade with minimal friction with our allies
quote:You need to catch up
What we have here appears to be poorly orchestrated chaos
quote:Those allies have been making out like bandits at our expense. You are naive
ruins ties with our allies that took decades to build
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