Posted on 03/25/2016 6:53:04 AM PDT by central_va
The United States is the very first “post-industrial” nation on the globe. All great economic empires eventually become fat and lazy and then squander their great wealth. However, the pace at which America has declined is beyond comprehension. Thousands of factories have closed and left the United States. The high paying manufacturing jobs are gone leaving the United States with over 92 million UNEMPLOYED citizens.
(Excerpt) Read more at mckennaservice.com ...
Actually that’s not true. Over 50% of Americans DO own stock (largely thanks to 401Ks and IRAs):
http://www.dailyfinance.com/2015/06/17/americans-still-spooked-over-stocks-financial-crisis/
And you don’t have to go to college to have a good non-manufacturing job. And again, the manufacturing jobs are NEVER coming back, with or without the factories. The factories are automated, the people are unnecessary.
I never said anything about wanting open trade. That’s where your addiction to flame wars come in. I’m simply pointing out the plainly obvious flaws in your logic. I see trade as the weather, it’s going to happen whether you like it or not, you actually have no control over it, neither does the government, all you can really do is put yourself in a position to benefit from it. And in order to do that you need to understand what’s going on.
Again, businesses do not move production offshore because they’re mean, or traitors, or any of the other reasons you think they do. They move production offshore because it’s the right decision. And there are many many reasons to move offshore. And most of them we can’t do anything about. They’re just how it is. Like it being dry in the desert, it’s just how things go. You can either understand it and don’t tie yourself to the wrong parts of the economy, or you can rail against the wind.
The only people who lie about Smoot-Hawley are protectionist. It was an abject failure by ALL measures.
Only by protectionists.
What you are saying America is dead and socialism is a forgone conclusion. Is your last name Marx? Your type is done. To the dustbin of history with your ilk.
Go Trump go!
Manufacturing right now is a higher percentage of our GDP than it was just prior to WWII.
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Why would you use a percentage of GDP. Why not use the amount of American Cars we make here in America....or Cell phones.....or planes or ships. In WW2 we were producing more ships than the Japs had planes, look that up.
How many tanks could we produce in WW2, compared to today.
Get real facts .....don’t use percentages....that is the same false game used by the budget people when trying to pretend our deficits are ok AS LONG AS THEY ARE A CERTAIN PERCENTAGE OF GDP.
oh....and by the way, the GDP is negative. Remember that the manner of calculating it has been increased by 3.5 percent.
Because that’s what matters. Percentage of the GDP tells us how much we’re manufacturing. Aiming for specific sub-sections of the sector gives you incomplete data. If you focus on just American Cars you miss all the Toyota factories we have in this country. If you focus on cellphones you miss other electronics. Planes and ships are completely immaterial, demand for them is small and where they get built is highly variable. We weren’t making more ships than Japan had planes BEFORE the war, we retooled our substantial manufacturing sector from peace time production to war time production.
We could produce MANY more tanks today than in WWII. We have much higher factory output today than we did then, in any way of measuring. And we could retool to much higher.
Percentages ARE real facts, but if those aren’t good enough for you look here:
https://www.google.com/search?q=us+manufacturing+output&tbm=isch&tbo=u&source=univ&sa=X&ved=0ahUKEwim09qM1N7LAhVC02MKHdHMDNkQsAQIJA&biw=1231&bih=1030
No matter how you slice it we’re making more stuff here. Sans occasional dips the trend line has been up for almost a century.
Didn’t say that at all. You need to read more and read into less.
What the American people have had enough of is jobs killing government rules, regulations, taxes, and agencies. You can continue to make imports the boogeyman if you wish and name call but all your arguments do is direct attention away from all of our self inflicted wounds and give the liberals and progressives an easy out.
We do not have free trade. Free trade is what occurs when people are 1. Free and 2. Trade. Maybe you are thinking of something else? See, you have to pass laws to prevent free trade. You have spent vast amounts of digital space eviscerating trade agreements all of which restrict and manage trade.
We agree on one point which is: eliminate all of those agreements and laws. I will even go with your proposed tariff, to some extent, but you have yet to explain anything about it other than 20% duty on durable goods. Which by the way would actually lower the duties on some items.
The American people don't care about those things. What they care about is price and quality of their purchase. Free Traitors™ taught me ( I do not agree ) that where or how a product is made is none of our business. So if a USA made product is reasonably priced and of good quality then the American people will buy it and like it. If recent examples; Ford, Carrier and Nabisco are any indicator, off shoring does not lower the retail price of anything. The consumer see any not benefit with questionable quality concerns.
Fixed.
The American people do care about those things. Unless Freepers are not Americans. And even if what you say is true, they do not care, then it is all the more reason to make them aware that those things are the job killers and quit giving them a boogeyman.
You could ban all Chinese imports today and net employment will not make a great leap. Why? For the same reason fast food preparation is being automated. For the same reason we have nearly people free manufacturing facilities. Maybe Obamah is right automated tellers are the problem. Keep the robots out especially imported robots.
Still waiting on the details of your tariff scheme.
Oh BS. Free Traitors™ like you always tell us that it is none of our business where products are made. It is no concern to us as consumers, the Free Traitors™ mantra goes, whether consumer products are made by suicidal coolies in China or made in air conditioned OSHA compliant factories in Alabama by Americans. Where supposed to go into Wal Mart like dumb animals and spend our money and not ask questions. You can’t have it both ways.
IF industry and manufacturing is good for all the other countries, then why isn’t it good for the USA??
In 30 years China went from dung burning rice pickers to an economic powerhouse via industrialization and the west building factories for them and transferring knowledge to them. No shock there. Seems obvious if you do the revere you go from an advanced industrial country to an economic basket case.
In 1994 85% of China lived in poverty. Today, 20 years alter, only 15% do. (years and numbers might be a tad off but I think they are accurate)
You cant restrict trade Smoot-Hawley you know. /sarc
I have no doubt our own laws and regulations are killing business, but these restrictive trade deals are killing us even more. Not to mention our own State Dept refusing to enforce IP laws.
Keep up the name calling its an effective tool for pointing out your lack of a plan. Or at least your unwillingness to disclose your plan. Still waiting on the details of your tariff scheme.
Maybe you can share a few posts were Freepers say “It is no concern to consumers...”. You have never heard it from this Freeper.
I suspect I will get this info from you when you share your tariff scheme.
I am concerned that the US has almost entirely lost its confectionary industry. I am concerned that we import so much candy that I wish to eliminate tariffs on sugar.
< plan > 20% across the board import tariff. < /plan >
Got it. You changed it from durable goods to all. You realize that 20% will mean lower tariffs for some items? You just made Shandong Yongsheng Rubber Group Co. Ltd. very happy.
A 20% tariff balances the budget tomorrow.
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