Posted on 08/02/2016 5:46:48 AM PDT by expat_panama
Foreign trade took a beating at both major party conventions, with speakers blaming free-trade agreements for all but wiping out U.S. manufacturing and eliminating millions of middle-class jobs. Both Donald Trump and Hillary Clinton have promised to renegotiate or abandon trade agreements with key U.S. trading partners such as Mexico and Canada. That would be a colossal mistake.
The number of manufacturing jobs in the United States has indeed been in a long decline since the late 1970s...
American factories and American workers are making a greater volume of stuff than eve...
...Americas 21st century manufacturing sector is dominated by petroleum refining, pharmaceuticals, plastics, fabricated metals, machinery, computers and other electronics, motor vehicles and other transportation equipment, and aircraft and aerospace equipment.
We produce more manufacturing value with fewer employees...
The political anger about lost manufacturing jobs should be aimed at technology, not trade.
The political anger about lost manufacturing jobs should be aimed at technology...
...globalization and trade agreements have made a huge contribution to the ongoing success of American manufacturing...
...more than half of what Americans import each year is not for consumption but for production...
Like technology, globalization has allowed American manufacturing workers to trade up to more challenging and better-paying work...
...millions of U.S. jobs are eliminated each year by technology and changing consumer tastes, only to be replaced by new jobs that are being created by the same dynamic forces.
The right response to anxieties about trade is to invest more in education, retraining and enhanced labor mobility, not to pick trade fights with other nations that would put in jeopardy the success of Americas modern, competitive manufacturing sector.
(Excerpt) Read more at latimes.com ...
More tariffs, less income taxes.
Canned beef from Brazil, vegetables from south America, lettuce and tomatoes and what not from who knows where....
If you see something at WalMart that says 100% USA, it will cost more.
“What we are seeing with China and Mexico is not natural comparative advantage. It is purely labor and regulatory arbitrage under global trade agreements and the reason is it happening is because the US government has become the agent of the global-redistribution Left and of transnational businesses, and is no longer the agent of the American people.”
That agrees with what economist Paul Craig Roberts has been saying for some time.
Tariffs are taxes. And you want more of them. As I’ve tried to educate you many times in the past, the federal income tax resulted from big government types just like you wheeling and dealing to establish and increase their beloved tariffs. You can thank your fellow travelers for the 16th Amendment. Ain’t big government wonderful!
Tariffs are not mandatory. Don’t buy don’t pay. I am for consumption based taxes. At least with tariffs I don’t have to explain every dependent and every bit of income to the Feds.
I want to produce a 3D printer that can do plastic and metal parts. Then combine it with a robot arm.
Just download the design plans/programs for whatever you want to make from the internet and set your little makerbot to work.
It’ll mess up manufacturing all over the world but we’ll all be richer for it.
Americans have two different ways of working w/ U.S. manufacturing. Almost half starts with this kind of info--
--so they can pay taxes to protect the rest that see it like this:
My concern is that this will not end well....
If memory serves when Sam Walton was alive and running the company he made a point of selling American made products. By comparison today Walmart is huge part of the Chinese economy.
America in the 1950s and 1960s essentially produced everything that we bought, and it was the time when the middle class was at its broadest. The two go hand in hand. Today our political and business elites have done an excellent job at creating a middle class in China and Mexico.
Don’t forget tattoos.
I was in the Navy, so what? Being ex military doesn't buy you patriotism. A patriot is as a patriot does.
I really don't have a problem with the globalist. It is the hypocrisy that I can't stand. They think themselves patriots which is laughable. Don't jump on a black horse and tell me it's white. Globalists just quit lying to me, quit lying to yourself. Own your globalism and anti nationalism and anti free republic position. Just put down the Americana flag as globalist should never get near one. To much hypocrisy there. Globalist have a right to be a globalist but look foolish calling themselves patriots. The emperor has no clothes.
Yep! We have tattoo parlors all over the place!........ Some do all three!...................
DERP!
Right.
The issue is, do you consider that a good thing or a bad thing?
How can producing more food at a lower cost be bad? Every American needs to eat food, and now they are able to buy and eat more of it, in variety never seen in history, for less money. Socialists prefer waiting in lines to buy whatever happens to be available. They also have lots more people working on farms.
We were always a nation of tariffs unto the unpatriotic globalist took over both parties.
Hmm, really? In my opinion you have skewed and conditional love. A patriot wouldn't pit American against third world peasants for survival for any reason economic or otherwise. A Patriot can see that the slight decrease(or no mostly no decrease) in the cost of a manufactured good is irrelevant to keeping all Americans working and productive. A Patriot can see after 30 year of free trade the country is on the precipice of full blown socialism due to the downward pressure caused by free trade. Paying Americans to make your goods is a small price to pay. But your mileage may vary.
You love making money which in of itself is not a bad thing at all. I like it too. I will not make money on the backs of unemployed Americans even if a few of them were once in union or, God forbid, a Democrat at some point. I don't care they are still Americans to me.
You love to throw out your definition of Patriot and then measure everyone else to that standard. Fortunately the rest of America does not operate by that standard. America is lurching towards socialism to be sure, but it has nothing to do with NAFTA. It has to do with a bunch of spoiled brats and jacka$$e$ that want free everything. I guess if I’m not a patriot, neither is Mark Levin as he would be right next to me talking about free trade. So would Rush Limbaugh. I’d rather stand with these two giants than you. Read Levin’s Liberty and Tyranny or Ameritopia if you want to find out about our lurch towards socialism. I’ll refrain from calling you a big dummy like Levin might.
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