Posted on 06/29/2015 8:41:40 AM PDT by thackney
Bringing the regulatory costs and taxes down would lead to a boom.
Unfortunately, the left and the EPA will fight “energy intensive” industries.
Last year America ran a new all-time record high trade deficit with the Peoples Republic of China.
342 billion dollars. Way up from the year before.
And that is still growing.
The global trade system, is completely broken.
Very good news, now if they will just lower our taxes a little and couple it with the EPA decision today we could actually see some manufacturing increases here soon.
Look at the graph closely, There is a 5% difference. The savings in social welfare spending would more than offset the 5% difference. Man, what does it take to get free traitors to see the light. My God they would sell out there fellow Americas for a nichel.
. . .in other news
FEDERAL JUDGE BLOCKS OBAMA FROM IMPLEMENTING
DRACONIAN FRACKING RULES
DENVER A federal judge agreed Tuesday to postpone the Obama administrations tough new hydraulic fracturing restrictions just hours before they were scheduled to take effect.
U.S. District Court Judge Scott Skavdahl in Casper, Wyoming, gave both sides another week to submit arguments and citations before making a final decision on the request for a stay, which is expected July 22.
Four Western states Colorado, North Dakota, Utah and Wyoming along with two oil and gas industry groups had asked the court to delay the Bureau of Land Management rule slated to kick in Wednesday until their lawsuits could be heard. . .
http://www.washingtontimes.com/news/2015/jun/23/judge-postpones-obama-administrations-fracking-rul/
So Judas, you would continue to shut down factories and small towns for a nickel?? Wow.
Is that the cost of raw materials and energy ?
Lower taxes, regulations, get rid of unions and might be able to produce cheaper than China ?
The key to wealth formation is and always has been on access to relatively cheap energy.
Even FDR and New Deal realized that, when it came to bringing rural electrification to the homes and farms in those regions far from metropolitan centers. People do not know it, as apparently it is not being taught in schools anywhere, but in 1930, a large part of America had little or no electricity or telephone service, and the fastest way to communicate was the Ford Model T, and the local newspaper. Power was still by horse teams, or possibly an F-20 Farmall or GP John Deere, both rather clumsy machines, but by using twelve-cent-a-gallon distillate fuel, they produced food in such profusion that it became necessary for the New Deal brain trust to destroy large quantities of grains, livestock, and even some manufactured foods, then place quotas on the individual farmers limiting how much they could produce. Electricity on the farms allowed the farmers to dispense with most hired labor, as electric motors took over the chores of drudgery work, and the now unemployed farm labor were free to go off and enlist (or get drafted) in the US Military, the generation that fought World War II.
Total cost including labor.
Much of my work went to China, I understand the hidden costs more than most do and why it happened.
A nickel? try less than half a penny if you are GM, Ford or Chrysler.
Manufacturing Cost are low because we are not manufacturing anything!
In the most recent data, manufacturers contributed $2.09 trillion to the economy. This figure has steadily risen since 2009 when manufacturers contributed $1.73 trillion. The sector accounts for 12.0 percent of GDP.
Manufacturing supports an estimated 17.6 million jobs in the United Statesabout one in six private-sector jobs.
http://www.nam.org/Newsroom/Facts-About-Manufacturing/
“Bringing the regulatory costs and taxes down would lead to a boom.”
Add Unlimited Civil Liability to the costs brung down, and it would literally be a renaissance for manufacturing, and the American Economy, that could last generations.
IT would be better if Judas Iscariot was in charge of the economy than the current Benedict Arnolds.
“Brung” should be “Brought””
Mind fart today.
Well then, just WOW !
Government just needs to stay out of the way.
I truly don’t believe in the words “trade deficit” anymore after another FRiend explained it all to me. Just saying.
“Much of my work went to China, I understand the hidden costs more than most do and why it happened.
A nickel? try less than half a penny if you are GM, Ford or Chrysler.”
When the costs of regulation, compliance, liability, corruption, and taxes is more than the cost of shipping a container from Central China, sometimes by several factors, the business decision really does become a no-brainer.
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