But back to the data. Look at the chart below. Notice that net trade hardly changed after Smoot-Hawley passage. We've been sold a bill of goods deal so with it, correct your misunderstanding and move on.
Posted on 02/20/2016 2:42:33 AM PST by Helicondelta
That won’t last forever....
-And what’s more, heavy-handed regulations on the part of EPA, OSHA, and the IRS,...... Obamacare, labor unions, double-taxation of foreign profits, racial and gender quotas, legal hamstringing of hiring processes, affirmative action, high corporate income taxes, irrational product liability court decisions, along with entrenched subsidies to favored industries, Dodd-Frank, Sarbanes Oxley, and the massive anti-capitalist funds supporting the vilification of commercial progress and NIMBY anti-construction movements in this country.......... have absolutely nothing to do with the loss of South Carolina manufacturing jobs since 1994.-
That is the most complete summation of the anti-business regulations and agendas I have seen. Nice work.
I believe Mr. Bill signed NAFTA with Bob Dull’s blessing.
It was ratified by the Senate in 1993, and Clinton signed the related Federal legislation that was needed for the U.S. to meet its terms before it became effective in 1994.
Those were Massachusetts jobs first.
All that crap you list would have never gotten as bad as it has become if industry didn't have the option to move offshore.
It’s not just NAFTA but the EPA and SC coal mines.
Just as Cruz wants to end the Ethanol subsidies, this is what he said about Coal.
SC has coal mines that 0’s EPA is after, Cruz on Coal
https://soundcloud.com/waaradio/wayne-dupree-show-gop-candidate-ted-cruz-delivers-promise-to-coal-industry
It is already happening. Read a story of a company that made the concrete truck drums that now only has one person there mainly to just be a physical presence and does nothing but just live on site. Everything else is rusting away.
How about he brings home the jobs from China that makes his Tie line? http://www.cnn.com/videos/tv/2015/07/01/donald-trump-china-made-ties-sotu-intv.cnn
Haven’t seen where he’s gone after Nabisco for moving Oreo’s to Mexico.
While decrying Apple’s refusal to decode what the government changed password on his IPhone.
I think the word Hypocrite comes to mind.
this is sort of misleading
the textile industry that migrated to SC from New England to where it had migrated from England, migrated to Bangladesh and elsewhere but not primarily to Mexico.
It was not NAFTA that moved the textile industry
Before they were Massachusetts jobs, they were English jobs
Dollars for us, not for them. Far different from what is the norm now. But then again, I suppose your solution is to do no deals at all to turn the tables?
He made deals to benefit his business, nobody denies that. But he sees what those bad trade deals are doing to his and every other business out there in what they have to do to compete. He totally understands that without at least leveling the playing field it will only get worse. He also understands that as it does, it not only affects his heirs but also those of an entire nation.
He has said that he tried to effect changes through the political network but has now determined that is not going to happen and his “investments” into them to effect the changes necessary only made the matters worse. So, he finally decided the only way was to put his fortune at stake to take it directly to the people. The only way it will change is through We The People.
I wonder if those companies are the same ones that exited the Midwest for South Carolina a few years earlier.
Yep. Textiles not the basis of modern economy.
>> Free-trade is just wonderful
Free-trade doesn’t exist.
Just ask the slave laborers owned by Der Trumpenflipper’s Communist Chinese bidness partners.
You having any luck enumerating those principles yet?
http://www.freerepublic.com/focus/chat/3398671/posts?page=44#44
Yep. Textiles not the basis of modern economy.
>>China doesn’t really “devalue†its currency. It’s hard to devalue a currency that is already worthless.
There’s more to it than just that, but it is essentially what they do. As someone else stated upthread, they are giving stuff away and paying the freight.
They do it to give their work force something to do. They are engaged in something that is considered “evil” in today’s America: they are looking out for THEIR OWN best interests, and that even includes the interests of the workers.
They could just give away Free Stuff and let most of their people sit around with nothing to do but gripe and take the handouts and then all these people on the dole could do #PeasantLivesMatter marches.
But China has chosen to put them to work.
We give away all of our low-skill work, then make college expensive and enslave the poor to student loans that cannot be written off for any reason other than death.
Using the business theories of the early 20th century (before automation and cheap computers), our plans for shipping all low-skill, Stage 3 work overseas is sound. But the hidden costs to society have killed us as a nation. The various theories of business, globalization, and organizational behavior have evolved over the last 3 centuries, but we are afraid to admit that the 1970-era models of business might be due for another update.
But back to the data. Look at the chart below. Notice that net trade hardly changed after Smoot-Hawley passage. We've been sold a bill of goods deal so with it, correct your misunderstanding and move on.
U.S. labor costs too much. U.S. consumer wants cheap clothes.
Carrie has been in the news because of their planned move to Mexico. The average wage at their plant in IA was $18.00. When asked the CEO couldn’t name any regulations that were causing them to move.
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