Posted on 08/13/2025 1:56:24 AM PDT by SmokingJoe
Aluminum production in the US rises due to Trump's tariffs reducing the dumping of Aluminum in the US by foreign producers.
Interview of Century Aluminum CEO by Maria on Fox Business.
(Excerpt) Read more at youtube.com ...
Good video.
This is a textbook example of how the big industrial investment Trump is creating will drive layered job growth.
First, you get a big job spike from new plant construction or expansion/renovation (like the 6,000 for Century). Then, once the plant goes live, you lock in a base of permanent, high-quality manufacturing jobs that can sustain a community for decades.
With that happening all across the country, we will shortly see a huge jump in employment.
I'm a firm believer that we have to get back to apprentice jobbing...
Ditto. I love the idea of companies recruiting kids straight out of high school for apprenticeships and then sending them to college at night if any specific education (like STEM) is needed.
Nowadays, most education can be obtained by watching YouTube videos or Khan Academy.
We still need to deal with all the undercut low-skill jobs—and for that we need mass deportation.
I agree. Our kids are brainwashed into the whole 4 year college thing. Trades are the way to go. I steered both my kids into that thinking and they are doing well.
Al you min yum.
TBP - bump this against your take on tariffs.....
In contrast to the other idiot thread I just commented on re tariffs, well done.
Tariffs create a shortage of commodities, which causes a price increase. You can raise your price and still increase your market share because the government forced your competitor to increase the price even more.
It’s a similar principle to he minimum wage. Not only does it price the less-skilled workers out of the market, causing a labor shortage, but it imposes a cost on labor that smaller businesses cannot sustain, but larger ones like Walmart can, so their market share increases — at higher prices.
Tariffs are similar in their effect.
Let’s say there are two companies that make widgets. Company A sells foreign-made widgets for $5. Company B, a US company, sells its Made in USA widgets for $6.
Now we put a tariff on widgets that forces Company A’s price up to $7.50. Company B promptly raises its price to $6.75. Now, instead of the cheap widget being $5, the cheap widget is $6.75. We’re better off? How?
Let’s say there are two companies that make widgets. Company A sells foreign-made widgets for $5. Company B, a US company, sells its Made in USA widgets for $6.
Now we put a tariff on widgets that forces Company A’s price up to $7.50. Company B promptly raises its price to $6.75. Now, instead of the cheap widget being $5, the cheap widget is $6.75. We’re better off? How?
The factory is here, not overseas in some potentially hostile country who can cut us off at a whim - bad dinner, car broke, girlfriend cut him off....
Tariffs protect jobs and ultimately society. Tariffs were responsible for the success of the US in the 19th century. You cannot explain the success of the USA in the 19th century otherwise. So it is a proof of the benefits of tariffs by example. Friederich List has been written about. You might check him out since he might allay your concerns about tariffs. Your concerns seem to be largely (exclusively) short term. Short term thinking only gets you so far (a short distance for a short time). Free trade accelerated by nafta and gatt hollowed out USA manufacturing. Without a working class and a middle class protected by tariffs, ultimately us citizens will not have jobs with salaries to pay for goods made in foreign countries by minimum wage and slave labor without adequate environmental protection. And, with imbalanced trade, foreigners will soon have enough us fiat money from free trade revenue to buy the land from underneath the feet of us homeowners. Is this what you want from free trade? Because this is what you will get from free trade. Your big picture should expand to include home ownership rates, inflation, job displacement, and environment quality.
Supply and demand forces will come into play to compensate for short term commodity shortages. For the us, historically (at least from my reading), the exceptions have been limited to rare earth elements. Howe Dr, even in the cases of rare earth elements, recent domestic exploration / discovery seems to be alleviating concerns in many (most?) cases. Any remaining shortages can always be dealt with on a case by case basis (no system will ever be perfect, so expect outlier instances no matter what trade regulation paradigm is used).
At a cost. They make everything more expensive. Trade makes prices lower.
It's not about money; it's about commodities, good,, and services, of which money is only one. As the late, great Dr. Walter E. Williams liked to point out, I have a trade deficit with my supermarket. I've bought a lot more from them than they've ever bought from me. Am I better or worse off because of it?
When you make commodities more expensive, the commodity called the dollar is less valuable --IOW, you have less purchasing power. So tariffs increase teh tax burden and raise prices.
Free Traitor Republic losers are deeply saddened.
The 20 th century called and they want their failed free trade policy back.
Let’s say we stuff your globalist policies up your ass.
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