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re: Trump signs off on proposed reciprocal tariffs

Posted on 2/13/25 at 2:30 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297292 posts
Posted on 2/13/25 at 2:30 pm to
quote:

So you're theory that "it will not bring back manufacturing" is laughable.


It will not.

Because temporary tariffs are not enough of a guarantee to risk capital on new facilities. You would need to permanently subsidize these corporations.

Ya;lls dream is more akin to China than American enterprise. Protections (subsidies) for all massive corporations.

Posted by Undertow
Member since Sep 2016
8895 posts
Posted on 2/13/25 at 2:32 pm to
No democrat alive today has any right to lecture anybody on inflation, the economy, crime, or immigration/border policy.

Stick to what you know. Trannies and abortion.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
5638 posts
Posted on 2/13/25 at 2:32 pm to
quote:

Would you still think tariffs are good if Obama or Biden were imposing them?


If they were doing them to keep us from being a trade deficit then yes. Biden could not remove Trumps tarriff on china when he was in office because it would have decimated our economy. So he let them stay in effect.
Posted by Figgy
CenCal
Member since May 2020
9787 posts
Posted on 2/13/25 at 2:32 pm to
quote:

You think buying American isn't going to be a price increase for consumers?


It's an inconvenient truth that must be ignored. The question I have is whether or not wages will rise enough to more than offset that increased cost for domestic production. That's what I'm not sold on.
Posted by Bigdawgb
Member since Oct 2023
3419 posts
Posted on 2/13/25 at 2:37 pm to
quote:

1) Less consumer choice
2) More consumer cost
3) Will not bring back manufacturing.
4) Destroys innovation


A few quick counterpoints:
1) I already have 739 choices for cheap Temu shite
2)I'm willing to pay short term financial costs for what I believe will bring long term savings. And I also feel you're not accounting the long term risks of having so much supply chain offshore
3)very subjective point - why not?
4)Also subjective - how much innovation is stifled right now?? How many people aren't opening a business because they know Chinese wages are too cheap to compete against?
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
5638 posts
Posted on 2/13/25 at 2:38 pm to
quote:

It will not.

Because temporary tariffs are not enough of a guarantee to risk capital on new facilities. You would need to permanently subsidize these corporations.

Ya;lls dream is more akin to China than American enterprise. Protections (subsidies) for all massive corporations.


Roger you really have no idea what you are talking about. It is sad that you come on here and try to talk economics when you do not understand economics. You remember Trumps first term and the tarriffs that he used dont you? Tell me how the GDP, inflation, etc. looked pre covid. You will see those numbers again. For some reason you think it was beginners luck. This second term will show the same results or better.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297292 posts
Posted on 2/13/25 at 2:42 pm to
quote:

1) I already have 739 choices for cheap Temu shite


You sound just like Bernie Sanders

quote:

Bernie Sanders: Don't Need 23 Choices of Deodorant, 18 Choices of Sneakers When Kids Are Going Hungry

 
quote:

2)I'm willing to pay short term financial costs for what I believe will bring long term savings. And I also feel you're not accounting the long term risks of having so much supply chain offshore


No youre not. Once inflation ticks up again you'll be crying with the rest of us
.
quote:


3)very subjective point - why not?


Because you would need guarantees of permanent subsidies for it to be worth the capital cost.


quote:

4)Also subjective


Absolutely not. In fact, its one of the stronger points against tariffs.

Without protections, companies rely on technical advantages to stay on top. With protections they no longer need them.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297292 posts
Posted on 2/13/25 at 2:43 pm to
quote:

Roger you really have no idea what you are talking about. It is sad that you come on here and try to talk economics when you do not understand economics.


Oh dear god..

Let me ask you this. Is wealth a zero sum game?
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
5638 posts
Posted on 2/13/25 at 2:51 pm to
quote:

Let me ask you this. Is wealth a zero sum game?


Wealth can only be achieved by avoiding a zero sum game Roger. Let me ask you this. WTH does that have to with economics, tarriffs, inflation and Trumps plan to fix our economy?
Posted by Henry Jones Jr
Member since Jun 2011
75898 posts
Posted on 2/13/25 at 3:11 pm to
quote:

That's like saying an FCS football team has a new, revolutionary offense but a bigtime FBS school should just ignore it and be satisfied with winning half of it's games.
Bigger and faster athletes on defense will generally negate any “new revolutionary” offense. Misdirection works on players that aren’t 6’5 300 pounds and can run a 4.5 40
Posted by Bigdawgb
Member since Oct 2023
3419 posts
Posted on 2/13/25 at 9:05 pm to
quote:

Because you would need guarantees of permanent subsidies for it to be worth the capital cost.



Can you give me the example of "permanent" vs. "temporary" you have in mind for a capitol investment??

Let's define some terms before we reach "perfect is the enemy of good" territory
This post was edited on 2/13/25 at 9:11 pm
Posted by greygoose
Member since Aug 2013
14342 posts
Posted on 2/13/25 at 9:47 pm to
quote:

Bigger and faster athletes on defense will generally negate any “new revolutionary” offense. Misdirection works on players that aren’t 6’5 300 pounds and can run a 4.5 40
Fool! They had to change the rules to negate Malzahn's offense. He brought that from Arky State, all the way to a national championship game.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297292 posts
Posted on 2/14/25 at 9:29 am to
quote:


Can you give me the example of "permanent" vs. "temporary"


Few companies will build facilities and invest billions if a tariff is only going to possibly benefit for a year or two.


Youre going to need permanent subsidies to lure mfg back and they'll stay only until those subsides run out.
Posted by Flats
Member since Jul 2019
26945 posts
Posted on 2/14/25 at 9:32 am to
quote:

or better yet, buy American as LSUTIGER suggests.


People can do that now, you included.

We don't.
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