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re: US Steel to restart Illinois plant

Posted on 3/7/18 at 10:21 am to
Posted by Adam Banks
District 5
Member since Sep 2009
31836 posts
Posted on 3/7/18 at 10:21 am to
quote:

So happy 500 workers could benefit while the rest of the 320MM citizens face higher prices!


Personally as someone who sells things to people Ithe approach I take is more people with solid blue collar and some white collar jobs at a steel plant having significant wages in their pocket to buy my stuff. The increase in prices will be marginal From what I’ve seen. More fear mongering then anything else at this point. I’m not locked in by any means and could be convinced otherwise but everything I’ve seen is marginal impact on costs to consumers
Posted by Jjdoc
Cali
Member since Mar 2016
53452 posts
Posted on 3/7/18 at 10:21 am to
quote:

So happy 500 workers could benefit while the rest of the 320MM citizens face higher prices!



Comment based on ignorance!
Posted by Jjdoc
Cali
Member since Mar 2016
53452 posts
Posted on 3/7/18 at 10:24 am to
quote:

Sure that extra .03 per can in a six pack will cause you to stop drinking beer. LOL


It's not even .03..... It's .006
Posted by slackster
Houston
Member since Mar 2009
84781 posts
Posted on 3/7/18 at 10:25 am to
quote:


Personally as someone who sells things to people Ithe approach I take is more people with solid blue collar and some white collar jobs at a steel plant having significant wages in their pocket to buy my stuff. The increase in prices will be marginal From what I’ve seen. More fear mongering then anything else at this point. I’m not locked in by any means and could be convinced otherwise but everything I’ve seen is marginal impact on costs to consumers


It's called the Broken Window fallacy and many people seem to be clueless how it works.
Posted by Adam Banks
District 5
Member since Sep 2009
31836 posts
Posted on 3/7/18 at 10:26 am to
quote:

Those commie Libtards at Fortune Magazine say hi. quote: The number of American workers in the metals industry could increase by an estimated 33,464 jobs, the decrease in other industries would be more significant: an estimated 179,334 jobs. This means that the net loss could total 146,000 jobs. But on the plus side, USS gets to reopen its magnificent showplace in Granite City.




Ahh figured no one would read the article huh.

It wasn’t fortune who said that it was the trade partnership who is a lobbyist group for global trade.


Hardly an unbiased source.
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73434 posts
Posted on 3/7/18 at 10:27 am to
quote:

Not sure how I could have possibly misinterpreted that.
Indeed.
Posted by Jjdoc
Cali
Member since Mar 2016
53452 posts
Posted on 3/7/18 at 10:28 am to
quote:

It's called the Broken Window fallacy


No it's not. You continuously use that term where it does not apply.

It's like you are trying to force a square peg into a circle hole. It's not a broken window fallacy.
Posted by TaderSalad
mudbug territory
Member since Jul 2014
24640 posts
Posted on 3/7/18 at 10:29 am to
quote:

So happy 500 workers could benefit while the rest of the 320MM citizens face higher prices!



Babies pay for food?


The best thing about these types of comments is that it shows us the level of understanding that you possess. Hate to let you know, but it's not real high.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 3/7/18 at 10:29 am to
There are a lot of rumors that USS is about to fire back up in Birmingham.
Posted by Walkthedawg
Dawg Pound
Member since Oct 2012
11466 posts
Posted on 3/7/18 at 10:30 am to
Imagine that, a community organizer doesn't know about business but a billionaire businessman does? Who woulda thunk it? That's not what the left has been telling us
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141843 posts
Posted on 3/7/18 at 10:30 am to
quote:

It wasn’t fortune who said that it was the trade partnership who is a lobbyist group for global trade
There but for Fortune go you or I
Posted by slackster
Houston
Member since Mar 2009
84781 posts
Posted on 3/7/18 at 10:31 am to
quote:

No it's not. You continuously use that term where it does not apply.



It is. Dollars are now spent on increased steel/aluminum prices that were being spent elsewhere. It doesn't create a net positive impact on the economy. Tariffs have never worked over the long haul. They're a losing proposition.

Just because Trump proposed something doesn't make it a sound strategy. He isn't infallible.
Posted by MrCarton
Paradise Valley, MT
Member since Dec 2009
20231 posts
Posted on 3/7/18 at 10:32 am to
quote:

U.S. Steel said it expects to rehire 500 employees this month


wowzer! lookout economy! Blastoff!
Posted by Simplemaaan
Member since Sep 2007
3809 posts
Posted on 3/7/18 at 10:36 am to
Would you guys just let Trump work. I would love for him to be left alone by all the propaganda bullshite and do his work.
I am very curious where h takes us in 4 years.
If we don't like it in four years, we can decide.
The prior president didn't do anything but hurt this country. The media did nothing but blow him.
Posted by schexyoung
Deaf Valley
Member since May 2008
6534 posts
Posted on 3/7/18 at 10:38 am to
Where should tariffs begin and end? Should they apply to every product? What about services?

Why are you ok with the Federal government attempting to "pick" winners? Why are you ok with the Federal government manipulating pricing in an attempt to control economic forces of supply/demand?

Posted by Adam Banks
District 5
Member since Sep 2009
31836 posts
Posted on 3/7/18 at 10:39 am to
quote:

Tariffs have never worked over the long haul.



Did I miss something? Are the tariffs permanent?
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 3/7/18 at 10:39 am to
a family of 5 would be 2500 people getting to eatm
Posted by Screaming Viking
Member since Jul 2013
4450 posts
Posted on 3/7/18 at 10:40 am to
"Just because Trump proposed something doesn't make it a sound strategy. He isn't infallible."

Slack, slow down. Don't jump every time our president says something.

I personally believe that adding/instituting tariffs is a threat. One that he will follow through with. However, the perfect scenario would be other countries drop their tariffs on the USA.
Posted by narddogg81
Vancouver
Member since Jan 2012
19687 posts
Posted on 3/7/18 at 10:42 am to
quote:

So happy 500 workers could benefit while the rest of the 320MM citizens face higher prices!
Trump is solidifying his rust belt support. People can sky scream all they want and talk about blue waves, but if manufacturing jobs keep booming in the Midwest, Trump has 100% chance of being reelected.
This post was edited on 3/7/18 at 10:43 am
Posted by Jorts R Us
Member since Aug 2013
14801 posts
Posted on 3/7/18 at 10:44 am to
Super Mario would be proud. Enjoy your retirement ML.
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