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Ask me again in two years (assuming he's still in office). It takes that long for major policy changes to have a real, measurable effect on the economy. This question is way premature.
2 months won't make a difference. If he can enact some new protectionist policies that would stimulate hiring within the United States and discouraged outsourcing and/or H1Bs that could make an impact.
I haven't seen any big changes but it's really still too soon to tell. I live in Las Vegas and there are lots of jobs here but they don't pay enough to live on. People have to get a couple of them and work 60 to 80 hours a week. Many are educated but seriously under-employed. We have enough McJobs! We need jobs with decent pay and benefits!
Wondering how it is in your neck of the wood since Trump ran, won, got inaugurated . . .
I had written "I'm in the North East around NYC. I see a lot less shoppers and shopping bags than usual in the malls for this time of the year. Of course that can be attributed to other factors, including great weather this summer here.
I see lots and lots of unsold inventories in garden shops and nurseries, even though I am told that they ordered about the same amount of stock as last year.
Grocery stores are beating each other silly with discounts even though there are basically just 2 major players in the area."
Seems still true. There is more optimism and people who (I think) couldn't have cared about autoworkers in the Central Time Zone two years ago now think it's the right thing that those jobs are coming back.
It doesn't feel like anything has changed. People and business are still migrating down here at a decent pace.
anyone remember the computer chip shortage and the ridiculous prices when the gov't decided to impose trade restrictions on the chip dumping here ? our manufacturer's had no memory chips to put in computers as a result
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There are very short cycles in the chip industry. When the cycle turns and computer manufacturers upgrade to chips with more memory, some of the DRAM suppliers are left holding the bag. Micron was the domestic manufacturer that filed the lawsuit.
Reagan went after Japan on a number of fronts in 1985. There were voluntary import quotas for autos. The Yen's exchange rate was also required to appreciate which fed the bubble in their stocks and real estate.
Nothing much has changed. The Northeast may have had a snowy March which slowed things down. The weather has been normal than usual all year which may have boosted construction (seeing a lot of highrise cranes go up and inquiries from builders who want to build highrise apartments on our land, county planners be damned.)
well not in this one .they played a major role and we all got burnt
1986 chip pact
Designed to help the United States compete with Japanese manufacturers, however it had unintended consequences. The pact called for Japanese companies to stop selling chips below cost or dumping which led to the companies producing and exporting fewer chips, the root cause of the dumping.[9] American companies did not reenter the market as expected due to the high cost of production and risk.
Copy-and-paste straight from wikipedia. Same article that details all the other chip famines that governments did not materially contribute to.
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