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Started By
Message
You know how I know tariffs are a good thing?
Posted on 5/24/19 at 6:01 pm
Posted on 5/24/19 at 6:01 pm
It’s good because tariffs show how vulnerable the US is to potentially hostile suppliers.
I’m watching FBN this afternoon and Liz Clayman is talking with the CEO of a small electronics manufacturing company and he’s telling Liz how the tariffs are impacting his supply of IC’s/electronic components.
What that story tells me is the US is vulnerable if we’re depending on any country for critical electronic components. I’m sure we have some inventory for critical replacement parts but we need to manufacture our own IC’s. We will face serious lag times if we have to gear up production because we’re at odds with China or any other country who presently supplies domestic US companies with high tech electronic components.
I’m watching FBN this afternoon and Liz Clayman is talking with the CEO of a small electronics manufacturing company and he’s telling Liz how the tariffs are impacting his supply of IC’s/electronic components.
What that story tells me is the US is vulnerable if we’re depending on any country for critical electronic components. I’m sure we have some inventory for critical replacement parts but we need to manufacture our own IC’s. We will face serious lag times if we have to gear up production because we’re at odds with China or any other country who presently supplies domestic US companies with high tech electronic components.
This post was edited on 5/24/19 at 6:06 pm
13
Posted on 5/24/19 at 6:02 pm to Bass Tiger
I agree with this.
Posted on 5/24/19 at 6:03 pm to CCT
Yep, it’s a security/survival issue, it’s a great thing going forward
Posted on 5/24/19 at 6:03 pm to Bass Tiger
quote:
You know how I know tariffs are a good thing?
Because you lack a basic understanding of economics.
Posted on 5/24/19 at 6:05 pm to Bass Tiger
I watched that as well and what really ticked me off is the guy said himself that something needed to be done about trade and ip theft with China, then proceeded to whine and cry about how it's impacting his business.
Liz Clayman seems to be all China trade all the time and it gets tiring. She can't see past next week apparently. But then that is likely a lot of their viewers. fricking day traders.
Liz Clayman seems to be all China trade all the time and it gets tiring. She can't see past next week apparently. But then that is likely a lot of their viewers. fricking day traders.
Posted on 5/24/19 at 6:07 pm to Aubie Spr96
quote:
Because you lack a basic understanding of economics.
I want to respond but I fear your mental capacity is lacking and you wouldn’t understand National security over international trade. Lol!
Posted on 5/24/19 at 6:08 pm to Bass Tiger
You know how I know you aren’t very knowledgeable about economics and free markets
Posted on 5/24/19 at 6:09 pm to Skeezer
Damn! I caught two idiots in one thread, lol!
Posted on 5/24/19 at 6:12 pm to Bass Tiger
Making more of our product in this country would supply more jobs and help prevent climate change. But yet the climate change party wants to raise taxes on business in the US so they all go over seas.
Posted on 5/24/19 at 6:15 pm to Aubie Spr96
quote:
Because you lack a basic understanding of economics.
Hit me with some “guns or butter” elastic, inelastic, Keynes? Friedman? I’m ready to go!
Posted on 5/24/19 at 6:18 pm to Bass Tiger
I know they are good thing because IB Forchinaman opposes them.
Posted on 5/24/19 at 6:22 pm to Bass Tiger
The new tariffs are not supporting US capitalism. It is more of a socialist policy.
It may show where we are vulnerable, but it also does not allow businesses to buy and sell products goods at the best price. That is not the US type of capitalized.
It may show where we are vulnerable, but it also does not allow businesses to buy and sell products goods at the best price. That is not the US type of capitalized.
Posted on 5/24/19 at 6:27 pm to MizzouBS
Taking it in the arse has not been US capitalism until the past 30 years or so.
Posted on 5/24/19 at 6:31 pm to MizzouBS
quote:
The new tariffs are not supporting US capitalism. It is more of a socialist policy.
It may show where we are vulnerable, but it also does not allow businesses to buy and sell products goods at the best price. That is not the US type of capitalized.
Right now it’s about national security, foreign trade is dangerous if you’re foolishly sacrificing national security for the quick buck.
Posted on 5/24/19 at 6:35 pm to MizzouBS
quote:
It may show where we are vulnerable, but it also does not allow businesses to buy and sell products goods at the best price. That is not the US type of capitalized.
There are indirect benefits to employing Americans and being self sufficient and not reliant on other countries for goods and services, especially countries who are not otherwise allies with us.
Posted on 5/24/19 at 6:40 pm to Bass Tiger
Tariffs are an attempt by our gov't to force consumers into a domestic product. If China stopped making consumer electronics tomorrow, do you really believe that an American manufacture wouldn't spring up to fill that void?
I'm amazed constantly here at the "Republicans" on this board. They are for gov't control of the economy when it comes to trade deals and can't wait to spend billions on a wall and trillions on some roads........
I'm amazed constantly here at the "Republicans" on this board. They are for gov't control of the economy when it comes to trade deals and can't wait to spend billions on a wall and trillions on some roads........
Posted on 5/24/19 at 6:47 pm to Aubie Spr96
Hi moron!
This is t about economics. This is about the USA vs China.
Our economy is fine and we will secure other trade partners to take the slack
This is t about economics. This is about the USA vs China.
Our economy is fine and we will secure other trade partners to take the slack
Posted on 5/24/19 at 6:52 pm to Aubie Spr96
quote:
Tariffs are an attempt by our gov't to force consumers into a domestic product.
Some times it is.
This is not that time.
quote:
If China stopped making consumer electronics tomorrow, do you really believe that an American manufacture wouldn't spring up to fill that void?
We would... could and should. We would also do what we are doing now..... working with other trade partners
quote:
I'm amazed constantly here at the "Republicans" on this board. They are for gov't control of the economy when it comes to trade deals and can't wait to spend billions on a wall and trillions on some roads........
All but 1 is a lie.
The 1 being the wall. That actually saves the USA money.
Next
Posted on 5/24/19 at 6:52 pm to Aubie Spr96
quote:
Tariffs are an attempt by our gov't to force consumers into a domestic product. If China stopped making consumer electronics tomorrow, do you really believe that an American manufacture wouldn't spring up to fill that void? I'm amazed constantly here at the "Republicans" on this board. They are for gov't control of the economy when it comes to trade deals and can't wait to spend billions on a wall and trillions on some roads........
Of course the US would gear up for production if we lost s foreign supplier of critical items but it takes time. You don’t follow the news do you? In case you missed it Huawei (Chinese electronic manufacturer) has designed and embedded eavesdropping/data collection/SPYING capabilities in some of their integrated circuits, particularly the next generation of chip sets used for 5G wireless. If you’re an American citizen who loves the sovereignty of this country that should concern you. Comprende?
Posted on 5/24/19 at 7:17 pm to Bass Tiger
Mercantilism really unlocked human potential.
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