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Old 05-12-2022, 01:12 PM
 
2,346 posts, read 974,711 times
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Quote:
Originally Posted by hulburt1 View Post
Joe did this. He cut the oil for the green new deal. How do you think things move by horse? This is the government at it's best. If you have no job you have no money for a $60000 electric car.

It's Joe, and Trump, and Obama, and Bush, and Clinton, and Bush, and Reagan...
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Old 05-12-2022, 01:21 PM
 
2,346 posts, read 974,711 times
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Quote:
Originally Posted by Star691 View Post
Trump took the appropriate actions for the pandemic(vaccine development, stopping air travel to/from China, etc). He also would have known how to stop the Ukraine war before it started. There’s no country on Earth that has “no problems”.

Stop being a history revisionist. Trump and his administration botched the covid response - not that I think anyone else would've done any better, but since Trump was the one in office then, I can only state for a fact that he did a horrible job.
The fact that he said covid was nothing and was going to magically disappear, then tries to privately/publicly downplay it tells you he didn't take it seriously.


But it doesn't matter. When China has the world's most stringent, draconian covid policy and they can't even stop the spread, then the rest of the world has no hope.


For Ukraine, I don't know what his stance was but if he stopped the advancement of NATO eastward, then I believe Russia may not have invaded.
But quite honestly, it was already in motion in 2014 when the US organized the Maidan coup so it might have been too little too late. Somebody high up wanted this to happen.
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Old 05-12-2022, 01:23 PM
 
2,346 posts, read 974,711 times
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Quote:
Originally Posted by Mikala43 View Post
Hm. I would say our Federal Gov allowed it. You want to see CRAZY inflation? Don't allow that trade with China. /lol

People are "the US needs to make all this crap we buy from China!!!!" I can tell you, the price would be so high if the US made it all, then no one could afford it, and it just wouldn't be bought.

I DO think we should insure our capabilities for important things like meds and food. Heck, I don't think China should own so much of our food processing.

I know some people like more government control on what people can and cannot do, but we ARE a country of freedoms, so when we want to buy stuff cheaper from other countries, we do. Definitely pros- and cons-.

Exactly. If it were made in the US, people would be balking at the prices when they see how cheaply the rest of the world is able to buy Chinese made goods, quality be damned.
The one thing China is very good at is mass producing a widget at very low prices.
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Old 05-12-2022, 01:23 PM
 
Location: PNW
7,714 posts, read 3,329,666 times
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Quote:
Originally Posted by bluesclues5 View Post
It's Joe, and Trump, and Obama, and Bush, and Clinton, and Bush, and Reagan...
And Nixon
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Old 05-12-2022, 01:25 PM
 
2,346 posts, read 974,711 times
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Quote:
Originally Posted by moguldreamer View Post
Everyone who wants a job has a job and receives calls from headhunters more often than calls from people selling extended car warranties. Twenty-one year old new college hires with zero experience are now getting multiple job offers over $100,000 per year.

This statement means nothing if you don't state the field/industry and less importantly the locale.


I know pharmacists (not 21 years old though) are turning down 7 figure offers to relocate to Alaska.
But not everyone has a pharmacy degree, and not every 21 year old is getting 6 figure offers, not even close.
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Old 05-12-2022, 01:26 PM
 
30,253 posts, read 11,879,363 times
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Quote:
Originally Posted by moguldreamer View Post
Incorrect. Our federal government wanted factories and jobs to go offshore. To achieve that objective, our government implemented tax policies and a regulatory framework to encourage them to do so.

It had nothing to do with trade status.
It had everything to do with trade status. Their trade status was changed and that is what made it possible for China to become our biggest trading partner. The USA opened the front door for China and the Chinese as well as US based manufacturers did the rest.

President Grants Permanent Trade Status to China

Quote:
Originally Posted by moguldreamer View Post
I
a) "Corporation" is not a 4-letter word
b) Corporations are owned by shareholders - primarily public sector union pension funds, public sector non-union pension funds, private sector union pension funds, and individual families who are saving for their own retirement and to put kids through college.

What do you have against unions, retirees, families saving for retirement & to pay for college, and widows & orphans?
Where is all this coming from? Granting China favored trade status for us was at best a wash. We got cheaper junk and created the rust belt. It benefited China and corporate profits. Explain how letting China take over our manufacturing benefited pension funds and retirees?
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Old 05-12-2022, 01:29 PM
 
2,346 posts, read 974,711 times
Reputation: 1428
Quote:
Originally Posted by Oklazona Bound View Post
Look how much iPhones and Nike's are. Manufacturing went to China to increase profits not necessarily to make things cheaper. There are cheap items we could not make here at that price. But below is a alternative.

A little off topic. We should have and still can use latin america as our base for making items China makes. Central and South America could have had those factories. They have some now but a fraction of what is in China. And it would have helped with immigration. Most immigrants come here for work. Provide a good job that is still way lower in labor costs than the USA and most will stay in their country. You diversify with a couple dozen countries and don't have a situation that one massive country controls your destiny.


Other alternative is robotics.

They could have if the US actually invested in LA instead of overturning unfriendly regimes and installing puppet dictators. Or enable the illicit drug trade.
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Old 05-12-2022, 01:30 PM
 
30,253 posts, read 11,879,363 times
Reputation: 18719
Quote:
Originally Posted by moguldreamer View Post
Irrelevant.

Realtors use comps to come up with the right price for the home. Buying qualify to get the lowest interest rate possible. Its not just the buyer and seller deciding on a price. The seller decides the price to list the house at.
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Old 05-12-2022, 01:31 PM
 
30,253 posts, read 11,879,363 times
Reputation: 18719
Quote:
Originally Posted by bluesclues5 View Post
They could have if the US actually invested in LA instead of overturning unfriendly regimes and installing puppet dictators. Or enable the illicit drug trade.

That is true. There is a lot more behind the scenes. Perhaps the US government wants LA to be a mess.
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Old 05-12-2022, 01:43 PM
 
570 posts, read 480,032 times
Reputation: 618
I think the lesson from the great depression was that businesses can take risks and fold. Investors can take risks and fold. People will get hurt but a social safety net has to exist to guide through troubled times. Problem is that the Fed thinks they can avoid any pain by printing more and keep rates zero. It does not work. Organic business growth does not happen. Speculation runs rampant with poor business models trying to cash in on quick IPOs. Businesses focus on bottom line as not competing for cash. It looks great for stock market but here were are now. Out of bullets, delaying the inevitable that corporate socialism is not the answer. You need toughness, resilience, and real growth. Pain can be temporary but Fed would allow any of it. It will be much worse now.
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