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Trump The Hypocrite: Investing Overseas Fine For Him (Outsourcing)
Forbes Magazine ^ | Stuart Anderson

Posted on 03/10/2016 11:37:37 AM PST by AmericanInTokyo

Donald Trump’s appeal is said to be his straight talk. But when it comes to international trade, he sounds like a hypocrite, the classic “Do what I say, not what I do” politician.

While bashing companies for investing in foreign countries, Donald Trump’s own company has shown no inclination to invest and build only in America. In fact, a significant percentage of his company’s hotels and major real estate properties are located abroad. “Mr. Trump is either inexcusably hypocritical or inexcusably ignorant of economics,” according to Donald J. Boudreaux, a professor of economics at George Mason University. “There is zero economic difference between, say, a U.S. car company’s investments abroad in factories and Mr. Trump’s own investments abroad in hotels: both are meant to improve the bottom line of companies headquartered in the U.S. by taking advantage of profitable economic opportunities outside of the U.S.”

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


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 1stcanadiansenator; china; forbes; gangof14; hypocrisy; meghancaitlynandglen; moosebitsister; mud; mudmud; mudmudmud; mudmudmudmud; mudmudmudmudmud; mudmudmudmudmudmud; newnarrative; outsourcing; propagandadujour; sidebarspam; stuartanderson; tdscoffeclutch; tediban; tedspacificpartners; trump; usualsuspect; willthemudstick
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To: JayGalt

Question. Are you proud to be supporting a candidate that has given so much support to Democrats....and who is now getting so much support back (quid pro quo)?

https://www.washingtonpost.com/politics/trumps-donation-history-shows-democratic-favoritism/2011/04/25/AFDUddtE_story.html

http://hotair.com/archives/2015/12/31/trumps-strongest-republican-supporters-registered-democrats/


161 posted on 03/10/2016 1:07:29 PM PST by XenaLee (The only good commie is a dead commie)
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To: nikos1121

What should happen to a US business leader who has not invested as you say, but rather is proven to have outsourced manufacturing jobs overseas wherein such jobs could have stayed or developed stateside? What to do with such a scoundrel?


162 posted on 03/10/2016 1:09:33 PM PST by AmericanInTokyo (Things REALLY bad when the possible next Pres. comes on TV. And you must send kids out of the room.)
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To: 5thGenTexan

If the penalties or disincentives for manufacturing overseas for American consumption are passed they will affect Trump businesses as well. Trump has stated he is fine with that. He is putting America’s business first.

The thing about business men is that they have to take the world as it is in order for their businesses to survive. The vast number of startups go belly up. There is no room for ignoring the true economic constraints, everyone else will undercut you if you do.

Trump wants to change the game so American manufacturers can compete. That really isn’t hard to understand unless you have an axe to grind. If Trump was saying “Shame Shame” then you would have a point about hypocrisy. But since he is saying the system sucks and we need to rebuild it so the smartest thing for the companies is to stay in the USA - that is just common sense.


163 posted on 03/10/2016 1:10:12 PM PST by JayGalt
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To: TexasCajun

OMG!!! Mind blown!!

Are you insinuating that Trump’s interests are forced to operate within the same business atmosphere as every other American company?

Holy Sh*t! I hope a candidate comes along soon who will shift foreign trade into America’s favor!


164 posted on 03/10/2016 1:10:12 PM PST by ConservativeWarrior (Fall down 7 times, stand up 8. - Japanese proverb)
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To: XenaLee

But all you do is attack and with misinformation to boot. Then when someone runs out of patience and snarks you are offended. You attract that kind of comment when you don’t fact check before posting opinions as facts.


165 posted on 03/10/2016 1:13:25 PM PST by JayGalt
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To: AmericanInTokyo
1. I HATE career politicians who have not met a payroll in their lives.

2. I HATE milquetoasts like Romney.

3. I LOVE street fighters who have: met payrolls, love America, are successful, know how to negotiate deals and who piss off the elites.

Now to your BS article. Ford, Nabisco, etc are laying off people here in Chicago and moving companies to Mexico. Why because of federal and local taxes, regulations and cheaper labor.

You have a problem with Trump building hotels and golf courses here in the US as well as abroad? Trump has a fabulous building here in Chicago, employing hundreds. WTF, have Freepers gone completely mad?

166 posted on 03/10/2016 1:14:56 PM PST by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: PrairieLady2

It reflects very badly on him. There is a name for someone who would do anything to get his ambition and destroys himself in the process...”Ambition destroys its possessor.” Macbeth


167 posted on 03/10/2016 1:15:43 PM PST by JayGalt
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To: AmericanInTokyo
Where did this guy go to business school? I can't imagine Steve would be happy with this silly comparison of Trump hotels to offshore US automakers.


168 posted on 03/10/2016 1:16:42 PM PST by gg188 (Ted Cruz, R - Goldman Sachs)
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To: AmericanInTokyo

You tell me, since you’re obviously smarter than the average bear.


169 posted on 03/10/2016 1:20:20 PM PST by nikos1121 (Go Trump!!!!!)
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To: AmericanInTokyo
Should he volunteer then and set a good example and ask the US Commerce Department to place a 25-30% tariff on all his finished goods upon US port customs clearance if goods’ origin was China, as he says he will pick up the phone and read such a command to fellow American execs operating with a global outsourcing footprint like Trump? He ••could•• volunteer today to prove he is not hypocritical.

You persist in putting your illogic and bias out there for all to see. That would accomplish nothing but bankrupting that particular company. The same quality garments could not be made at a comparable price range in the USA at present. That is why for things to change the laws must change. Mr Trump unlike you is actually putting his money where his mouth is, putting himself out there for abuse, grueling days and a whole bunch of $$$ to try and change our business climate so that American manufacturing will thrive. You are disingenuous.

170 posted on 03/10/2016 1:20:59 PM PST by JayGalt
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To: AmericanInTokyo

First, the writer is a Cato guy, is pro imported cheap labor and has written papers to that effect. So claiming Trump is a hypocrite for outsourcing is the epitome of Pot/Kettle.

“There is zero economic difference between, say, a U.S. car company’s investments abroad in factories and Mr. Trump’s own investments abroad in hotels: “

What complete hogwash. Trump is not talking about investing in Opel for cars destined for the German market.


171 posted on 03/10/2016 1:23:18 PM PST by moehoward
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To: XenaLee

I am very proud to be supporting Donald Trump, a true American Patriot.

You went back to 2011 to a story that cherrypicked instead of looking at his entire donation history as I did. Are you for cherrypicking temperatues too if that supports your theories?

Your second article is a HotAir push poll..impressed..not.


172 posted on 03/10/2016 1:24:17 PM PST by JayGalt
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To: Chgogal
Now to your BS article. Ford, Nabisco, etc are laying off people here in Chicago and moving companies to Mexico. Why because of federal and local taxes, regulations and cheaper labor.

The CEO of Carrier was asked to name regulations and taxes that caused the move to Mexico, he could think of any.

Nabisco has not reduced the retail price of Ores to reflect the lowered cost of production. Why is that?

173 posted on 03/10/2016 1:28:59 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: JayGalt
But all you do is attack and with misinformation to boot. Then when someone runs out of patience and snarks you are offended. You attract that kind of comment when you don’t fact check before posting opinions as facts.

Really? Show me where I have posted "misinformation" and prove that it is misinformation. You can't.

I'm only offended when Trump camp followers make personal insults and attacks upon those of us that are merely voicing our political opinions here, at Free Republic, which is a political discussion forum intended for voicing and expressing political opinions. I happen to support the only real conservative running in this primary, IMO. FR is supposed to be intended for conservative political discussions. Only difference these days is....we've been infested with leftists lately (happens every election year).

As for posting opinions as facts, while I usually include a link backing up my stance...I've seen Trump followers post lie after lie about Ted Cruz here lately. Lies that are easily proven as lies. So yeah, I'm FTFU and yeah....I'm fighting back. If you don't like it...sue me.

174 posted on 03/10/2016 1:31:47 PM PST by XenaLee (The only good commie is a dead commie)
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To: JayGalt

Sooo...going back four or five years is “cherry picking”? Absurd.

You might want to check out the two links I provided you, btw. Unless you’re afraid to.


175 posted on 03/10/2016 1:33:52 PM PST by XenaLee (The only good commie is a dead commie)
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To: Chgogal

Happy to discourse with you anytime. As you’ve proven you are able to do so in a civil manner. There is much I believe you are missing here in the whole issue. But I’ll be putting up another article which demonstrates my point, this was just the downpayment article. PS many of us Freepers are quite OK still, and have our reasoning skills and self control still intact. :-)


176 posted on 03/10/2016 1:34:06 PM PST by AmericanInTokyo (Things REALLY bad when the possible next Pres. comes on TV. And you must send kids out of the room.)
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To: gg188

Compare? Yes and ••contrast•••. Does outsourcing smack you as inexcusable but mere investing is a different animal and carries no negative connotation?


177 posted on 03/10/2016 1:36:22 PM PST by AmericanInTokyo (Things REALLY bad when the possible next Pres. comes on TV. And you must send kids out of the room.)
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To: central_va
The CEO of Carrier should be fired. Labor laws, taxes (federal, state and city), EPA standards (federal and state), building codes, etc. to name just a few.

As to the pricing of Oreo cookies, I have no idea. The stock price may have gone up to reflect higher profitability.

178 posted on 03/10/2016 1:36:40 PM PST by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: AmericanInTokyo

From your link:

“Most of the Trump neckties, shirts and suits are made in China, Bangladesh, or simply say “imported.” And virtually all of his daughter Ivanka Trump’s extensive clothing and accessory line for women is made outside the U.S., with many items manufactured in China...the Ivanka Trump Collection has now been removed from the Trump Organization’s website.”


179 posted on 03/10/2016 1:40:36 PM PST by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: Alberta's Child

The did that in Australia, it was called Holden Motors. Holden moved overseas and now produces it’s cars in the far east. Gn proved to be just as loyal to Australians as the are to Americans.


180 posted on 03/10/2016 1:40:57 PM PST by Woodman
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