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Economists are dumping on Trump's China plan (Economists are the problem)
Business Insider ^ | August 5, 2015 | Paul Wiseman, Associated Press

Posted on 08/05/2015 7:46:00 PM PDT by Cringing Negativism Network

WASHINGTON (AP) -- Donald Trump vows to bring back the millions of American jobs lost to China and other foreign competitors if voters put him in the White House.

Economists say he wouldn't stand a chance: Trump's boundless self-confidence is no match for the global economic forces that took those jobs away.

Read more: http://www.businessinsider.com/economists-are-dumping-on-trumps-china-plan-2015-8#ixzz3i01BllAn

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: trump
Go Donald.

Stand up for jobs right here in the USA.

1 posted on 08/05/2015 7:46:00 PM PDT by Cringing Negativism Network
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To: Cringing Negativism Network

http://www.businessinsider.com/economists-are-dumping-on-trumps-china-plan-2015-8


2 posted on 08/05/2015 7:46:12 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: Cringing Negativism Network
Economists exist for making Astrologers look respectable!
3 posted on 08/05/2015 7:51:22 PM PDT by entropy12 (We need a president who says "you are fired", not the professional politician puppets of rich donors)
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To: Cringing Negativism Network

I haven’t been able to find a decent can opener for 20 years since China took over small item production.


4 posted on 08/05/2015 7:55:11 PM PDT by Ciexyz
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To: Cringing Negativism Network

Those jobs were not TAKEN away, they were DRIVEN away by stupid greedy tax laws and by import/ export regs that made it mandatory for them to leave in order to survive.

Then there’s the greedy union bosses, too. The workers at Caterpillar in York, PA crapped in their own nest by demanding, demanding, demanding, until after one too many demands, Caterpillar left town. And a few years later the Harley workers came within a frog hair of doing the same thing. Happily, cooler heads prevailed and Harley is still in York.

Trump will not be able to keep union workers from demanding themselves out of a job, but he can certainly rectify most of the tax stupidity, etc., and the jobs will come back. IMHO.


5 posted on 08/05/2015 7:58:42 PM PDT by Tucker39 (Welcome to America! Now speak English; and keep to the right....In driving, in Faith, and politics.)
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To: Cringing Negativism Network

Well, their track record is about the same as the Global Warming experts .... NYC is not under 20 meters of water?


6 posted on 08/05/2015 7:59:22 PM PDT by RetiredTexasVet (The cunning Venezuelan gov't has eliminated the toilet paper shortage by creating a food shortage.)
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To: Cringing Negativism Network

Marxists who claimed we would love Obamacare.

Pray America is waking


7 posted on 08/05/2015 8:01:50 PM PDT by bray (Cruz to the White House)
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To: Ciexyz
"I haven’t been able to find a decent can opener for 20 years since China took over small item production."

You'll only need to buy this one once:

Edlund Old Reliable #2

8 posted on 08/05/2015 8:06:08 PM PDT by Pelham (Deo Vindice)
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To: Cringing Negativism Network

And by global economic forces they mean free trade agreements with communist regimes and tax structures that stifle domestic output.


9 posted on 08/05/2015 8:08:28 PM PDT by BlueNgold (May I suggest a very nice 1788 Article V with your supper...)
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To: Cringing Negativism Network

And by global economic forces they mean free trade agreements with communist regimes and tax structures that stifle domestic output.


10 posted on 08/05/2015 8:08:31 PM PDT by BlueNgold (May I suggest a very nice 1788 Article V with your supper...)
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To: Cringing Negativism Network

This is unexpected.


11 posted on 08/05/2015 8:22:41 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Tucker39

“Those jobs were not TAKEN away, they were DRIVEN away by stupid greedy tax laws and by import/ export regs that made it mandatory for them to leave in order to survive...Then there’s the greedy union bosses, too.”

Well stated. It is INCREDIBLE how many people can’t figure this out. Wages are a factor in production cost, ONE FACTOR. There are a LOT of other factors.

A BIG FACTOR is the cost of doing business with the Chinese Government and the overall corruption there...not to mention the cost of setting up shop there. Not to mention what a pain in the butt it is to fly over there multiple times, after having seen the Wall, the Square, and the Bund.

But business still comes out ahead over there...and there is NOBODY TO BLAME, but ourselves - starting with EPA, OSHA, Unions, and going on and on.


12 posted on 08/05/2015 8:30:24 PM PDT by BobL (REPUBLICANS - Fight for the WHITE VOTE...and you will win (see my 'profile' page))
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To: Cringing Negativism Network
Trump is the only that understands how China is destroying the USA. the other 9 dwarves at the debate have no clue and are owned by china anyway even if they cared or had a clue.

only Donald Trump really understand how China is destroying the USA in many ways . China has stolen complete industries away from the USA. and they did it mainly by currency manipulation and other unfair trade practices.

Look at how one industry the fracking boom has lifted areas of North Dakota and Texas to new heights economically. Computers , cell phones, all kinds of tech, robots , machines etc. all gone to China.

It amazes me that many idiots bash someone like Trump who is a billionaire and a million times smarter than these dorks, some even on here. these losers and the 9 dwarves for example have no clue what currency manipulation is or how it works but they bash their better Trump when these morons have no clue about anything

13 posted on 08/05/2015 9:38:08 PM PDT by Democrat_media (Obama will use Obamatrade to import hundreds of millions of 3rd world people into the U.S.)
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