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REC Silicon, ........ laid off 100 workers ..........
The Solar Energy Industries Association estimates that new tariffs imposed by the Trump administration in January will remove 23,000 jobs from the U.S. solar industry.
General Motors......could result in higher car prices and, ultimately, a smaller GM.
BMW .............couldlead to job cuts at the company’s South Carolina plant.
A study by the U.S. Chamber of Commerce ..........threaten as many as 2.6 million American jobs and will “stymie our economic resurgence.”..................
Meanwhile, 3 million jobs have been added since Trump took office. Doesn't seem to me that tariffs are all the horror that so many people say.
No reasonable person would bother reading a post with an opening statement like that.
Of course! But we aren't talking reasonable people here.
These people are akin to accepting on blind faith that God is Male and has a Beard and Sits right above the clouds...and then, making every post about the proof positive it is so....
Rather, an inquisitive mind would ask "If we have so many great jobs, why are wages not even up a tiny amount?" (actually down by COL metrics, but even-steven for 40 years).....
If things were "different" we'd be back to the good ole days when someone could get a job, buy a house and make more and more every year (no, not .10 an hour more)...
Liberal Democrats just don't like solid, tangible product jobs.
They like made-up government jobs that serve no purpose and cubicle finance jobs that sell debt in fancy office buildings.
Hopefully, these tariff created created jobs create a massive President Trump landslide in 2020 and big wins for Republicans in 2018.
Hence, the reason why liberal cities tend to have very high commercial property taxes, very high electric rates and taxes on inventories.
Government doesnt create jobs, they create debt. Why dont we jack up prices 20% across the board and give that 20% to government. That will really help, right?
Last edited by Loveshiscountry; 08-18-2018 at 02:06 PM..
OK, but the statements from your source is awfully weak:
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Meanwhile, 3 million jobs have been added since Trump took office. Doesn't seem to me that tariffs are all the horror that so many people say.
Most tariffs haven't take effect yet - and, when business knows they are coming they "hedge" by buying futures in various commodities or currencies.
Business as a whole won't be losing money on "fake tariffs", but the customer is likely to and the chaos it creates does absolutely no good.
It "seems to me" that these tariffs are the perfect reasoning why the DOW sits at less than it did 7 months ago. Without them we'd likely be pushing new records...
The economy is like a horse trying to pull the wagon. The roads are good, the wagon built right and the horse is healthy. But Trump decided to loosen a wheel....so we are delayed until the bolts are tight again and the wobbles fixed.
I think many "Everything Trump does is Right - no matter what" types fail to understand what reasonable people are saying. We (or at least I) don't say "this is a thermonuclear bomb which will turn everything into dust". Rather we say "there is little rhyme or reason and we'd rather have mature people setting long term policies and attainable goals"....
But that is like likely to happen when an entire admin is self serving...
The "study" was conducted by a conservative Super PAC that is liberal and loose in defining what jobs were created due to tariffs and restrictive in defining what jobs were lost.
Liberal Democrats just don't like solid, tangible product jobs.
They like made-up government jobs that serve no purpose and cubicle finance jobs that sell debt in fancy office buildings.
Hopefully, these tariff created created jobs create a massive President Trump landslide in 2020 and big wins for Republicans in 2018.
Hence, the reason why liberal cities tend to have very high commercial property taxes, very high electric rates and taxes on inventories.
Product jobs? Are you saying the 50% of all venture capital in the USA that goes into CA. is not for products?
It sounds to me as if you are saying a coal-mining and resource extraction economy like they have in many African countries and Russia is better than a knowledge and services economy....or even a diversified economy.
When those farmers are looking for equipment to become more efficient (which, according to CAT, will now cost them a bunch more), don't they do see the dude in the cubical?
Are engineers all in a cubicle and therefore useless?
You have a very strange idea of what makes the world work. We could get rid of 90% of those folks who "Make Products" and we'd we 100X as well off as if we got rid of those with brains who do medicine, software, services...and, yes, those who do automation and robotics to replace that mind numbing assembly line work.
The "study" was conducted by a conservative Super PAC that is liberal and loose in defining what jobs were created due to tariffs and restrictive in defining what jobs were lost.
Ain't propaganda wonderful? And that great CU SCOTUS decision which allows unlimited money to convince folks of anything and everything?
OK, but the statements from your source is awfully weak:
[/list]
Meanwhile, 3 million jobs have been added since Trump took office. Doesn't seem to me that tariffs are all the horror that so many people say.
You missed this part?
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Overall, however, most economists believe the tariffs will be a job killer. The Tax Foundation estimates that the Trump tariffs will immediately result in the loss of 48,585 jobs and that job losses could number as high as 250,000 if Trump goes ahead with plans to impose new tariffs on another $200 billion worth of Chinese products.
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The Trump job growth is also less than the last four years of Obama.
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