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But it's not free trade, because we here in the US are allowing imports to flow in free of charge, but yet our goods going out to these other places (such as China) have hefty tariffs placed on them, to steer people away from our products so they will buy domestic products instead. How is "free trade" helping us if it's not "free" on both ends?
Turns out the Koreans can still undercut the American tires so we just switched to importing more expensive Korean tires from less expensive Chinese ones. There was no benefit to the American economy.
Homerun Malloric!!! Around 2009, I bought 4 tires (made in the USA) with road hazard insurance for $205.00! ALL tires cost more/much more since the tire tariffs were implemented.
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Originally Posted by jimhcom
I think America holds its own pretty well in tire manufacturing. Personally I buy mostly BFG's, but there are plenty more good companies like Goodyear, Kelly Springfield, Dunlop, even some Yokohama's are made in America
Manufacturing is not the problem; the tariffs' are being abused/gamed for USA price increases—not good for the marginalized US consumer.
Student loans, grants, scholarships..we have more resources available to them now than ever. What we lack more of is interest/motivation on the part of a large segment of them.
Now as long as their "who cares" leads only to their own economic problems, I take a live and let live approach.
But we owe the man/woman who wants free fish, but not to learn how to fish, nothing.
We have many highly educated "learned" folks slinging caffeinated beverages for a living right now. Does that mean we owe them something because they tried? And many of these people aren't even all that bright. They just memorized the test at some crappy bottom of the barrel college and skirted along enough to pass their curriculum. That effort will get you nowhere in a respectable career.
A normal economy features work for all different segments of the population. Stupid people aren't just going to light up like a light bulb because businesses will only need smart people in the future, everyone else be damned.
Still trying to find young folks interested in learning a decent paying trade... Not many takers on that front. I can only imagine how many jobs will go unfilled in the coming decade as boomers hit retirement.
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Originally Posted by DSOs
Manufacturing is not the problem; the tariffs' are being abused/gamed for USA price increases—not good for the marginalized US consumer.
We do export a fair bit to China... That is, until they figure out how to reverse engineer it and manufacture it at a steep discount, just before selling it back on the open market for pennies on the dollar. Products really can be sold cheap when you're not the one spending the money researching and designing the product.
There are winners and losers. Bad for who? It also depends on what you protect. Protect the buggy whip industry? No one is buying buggy whips. Protect domestic food production: bad for consumers, good for producers. Protect the domestic auto industry: good for autoworkers, bad for car mfrs. And son on. Economists like to total up the welfare gains and losses of consumers, producers, and investors and called the change good for the economy is the change in the aggregate is positive. Try to get legislation passed that balances out transfers from winners to losers; good luck.
There are winners and losers. Bad for who? It also depends on what you protect. Protect the buggy whip industry? No one is buying buggy whips. Protect domestic food production: bad for consumers, good for producers. Protect the domestic auto industry: good for autoworkers, bad for car mfrs. And son on. Economists like to total up the welfare gains and losses of consumers, producers, and investors and called the change good for the economy is the change in the aggregate is positive. Try to get legislation passed that balances out transfers from winners to losers; good luck.
All it takes is one look at the wealth distribution figures in this country to see who the winners and the losers have been under globalization. The winners are the banks and corporations and the losers are the American working class.
Everything always boils down to politics, it simply seems insane, that the poor stupid working class remains completely in the dark as to what is in their best interest. All I can say is the corporate owned public school system is doing a far better job of creating idiot America than I would have ever imagined could be accomplished.
Oil -- $369,806,764,048
High End Manuf. -- $411,041,421,970
Vehicles -- $230,370,975,316
Put the tariffs on those big targets, and things balance much quicker.
this is as opposed to typical footballtard level reasoning (i.e., tariff bad, free trade good etc.)
The cheap t-shirt from China routine is a very minor part of the math. Oil is where your money and future is going, Ameritards. Not t-shirts.
The transnational corporations know this basic math, and rely on the base stupidity of most Americans to continue to be willing to lose their jobs, businesses, and future for the corporate profits.
Oil -- $369,806,764,048
High End Manuf. -- $411,041,421,970
Vehicles -- $230,370,975,316
Put the tariffs on those big targets, and things balance much quicker.
this is as opposed to typical footballtard level reasoning (i.e., tariff bad, free trade good etc.)
The cheap t-shirt from China routine is a very minor part of the math. Oil is where your money and future is going, Ameritards. Not t-shirts.
The transnational corporations know this basic math, and rely on the base stupidity of most Americans to continue to be willing to lose their jobs, businesses, and future for the corporate profits.
You could make a case for tariffs on oil, which would help our domestic oil industry. The problem is it would cause sales of electric vehicles, which any right winger will tell you are evil, to soar. And Saudi Arabia would start buying military hardware from Russia.
You could make a case for tariffs on oil, which would help our domestic oil industry.
Probably not so desirable -- at least if burnt domestically. Remember, at this point of the game, Oil is an addiction. Whoever quits first, wins. You make money SELLING an addictive product. Not by buying nor by using it.
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The problem is it would cause sales of electric vehicles, which any right winger will tell you are evil, to soar.
Indeed. Wingertards, whether Lept or Reich do tend to be the Tardiest of the 'tards.
Nice thing with Electricity, we have have vast surplus available. But of course, economics is about the allocation of Scarce Resources. So that would never work.
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And Saudi Arabia would start buying military hardware from Russia.
Saudi Arabia would be broke and trying to make a living selling camel dung.
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Anecdotal?
