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America... Trade Wars cost jobs and make no economic sense... Shame On You...

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hippyjoe1955 · 61-69, M
Leaving the status quo in place is not an option.
SweetMae · 70-79, F
@hippyjoe1955 It really isn't.
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hippyjoe1955 · 61-69, M
@BertSampson So you think that the globalist big business model is best for the John and Jane Sixpacks of the world? And you think I am a moron? How many years did it take your mother to teach you how to breathe?
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HoraceGreenley · 56-60, M
HerKing · 61-69, M
@hippyjoe1955 [quote]So you think that the globalist big business model is best for the John and Jane Sixpacks of the world? And you think I am a moron? How many years did it take your mother to teach you how to breathe?[/quote]


So far: The consumer price index has risen.. Gas prices have risen, interest rates have risen and will continue to do so.. Costs will be more to both consumers and US (and wider world) firms that do trade with other countries. Jobs will be lost and the economy will shrink...

Explain how any of that is a good thing unless you're a 'globalist'?
HoraceGreenley · 56-60, M
@HerKing Income is rising as well.
hippyjoe1955 · 61-69, M
@HerKing Your point is? Yes prices go up. The products are being produced onshore with higher wage earners. Only an idiot would outsource their manufacturing because it is cheaper. As was pointed out to the car manufacturers many years ago when robots were being introduced. Great you can make a car for less but who is going to buy it?
HoraceGreenley · 56-60, M
@hippyjoe1955 If incomes keep pace with inflation there is no problem. A small amount of inflation is good as that is a sign of healthy demand for goods and services. Rising income denotes a healthy demand for labor.

Stagnant prices and incomes (or falling incomes as occurred under Obama) are a sign of an unhealthy economy.
HerKing · 61-69, M
@HoraceGreenley Incomes are currently not keeping pace with the CPI.
HerKing · 61-69, M
@hippyjoe1955 [quote]Your point is? Yes prices go up. The products are being produced onshore with higher wage earners.
[/quote]

Actually no they're not. They're produced in offshore places with the same or lower than the USA, but that isn't the full picture. If the raw materials needed for a consumer good is sourced in say Asia, and it's not economic to ship said raw material to the USA but instead build the plant in Asia with local workers, then that is where it will be made.

[quote] Only an idiot would outsource their manufacturing because it is cheaper.[/quote]

Yeah? You need to tell HD, BMW, Daimlar Benz, Boeing, Ford, Honda, Toyota, VW and many many other companies that, they didn't get the memo.



[quote]As was pointed out to the car manufacturers many years ago when robots were being introduced. Great you can make a car for less but who is going to buy it?[/quote]

You'd better ask Honda, Toyota, Daimlar, Ford and Mazda that...They sell the top selling cars in the world, almost all built by robots.