Posted on 12/26/2015 9:13:54 AM PST by ScottWalkerForPresident2016
It was the Detroit News headline "Trump goes after Ford Motor Co." not how long Hillary went overtime in the restroom that got our attention. Donald Trump made a whistle stop outside Grand Rapids, Michigan to take aim at Ford’s plans to expand production in Mexico. Trump promised if elected he would threaten manufacturers with big tariffs on imports to discourage building manufacturing plants south of the border.
Trump to Ford, "If you build that plant in Mexico, I’m going to charge you 35 percent on every car, truck part that you send into our country," he said. "Every single one." Trump went further saying he would engage in tough negotiations with car companies to build new plants in the US and Michigan. Political analysts say Trump’s proposal would at the very minimum require congressional approval and possibly violate NAFTA.
(Excerpt) Read more at mustangandfords.com ...
“LOL....funny to see the Trump trolls expose their complete lack of business and economy knowledge”
We’re on to the globalist bullsh*t. This “knowledge” is crushing the nation, and it WILL fall.
Trump only Threatened to impose a Tariff. That may well be all he needs to do to keep Ford in line. Its smart to keep American workers earning a paycheck so they can Buy Ford Products. Threats like this may compell, Foreign Auto makers to build plants in the USA and employ American workers. We should insist that a certain % of parts be made in the USA as well. These words alone may keep jobs in the USA.
He won't. All of this is just entertainment before the main event.
Remember this: the US economy has already adjusted to the current political situation and is now heavily import-dependent. Imposing high tariffs on, say, Chinese goods, will put hundreds of thousands - if not millions - of Americans in import-related industries out of work, while doing nothing to bring manufacturing back on shore. Manufacturers will just move to another foreign country with lower tax rates and less regulation that the USA is not targeting yet. Impose tariffs on the whole world to avoid that, and you just piss off our few remaining allies.
The US tax code has to be brought into order first - and yes, that is going to be very difficult. Not only politically, but a lot of the skilled workforce needed to make up a decent a manufacturing base no longer exists. The old timers are retired or dead. Now we have twenty million unemployed political science majors, but not nearly enough young machinists or tailors. Unless you want to go the Bush/Rubio route and import them from the Latin realms...
American consumers have proven over and over again they will not pay the price required to support American-made goods. They talk big, but once they are at the cash register, they feel someone else should be responsible for economic patriotism.
Trump believes in free trade, free - markets and lower taxes INSIDE THE USA.
Go Trump, go!
http://r.duckduckgo.com/l/?kh=-1&uddg=http%3A%2F%2Fwww.u-s-history.com%2Fpages%2Fh1968.html
To answer questions on NAFTA....who started it, who got it thru Congress and what it does....
I knew there were a lot in TX but didn’t realize it was that high.
I agree completely.
Our “American” businesses have sold out. Completely.
Bring back manufacturing to America.
“The fleeing socialism tax. When California proposes it, Freepers go nuts. When Trump proposes it, he’s praised for bring jobs to America”
That’s actually a very informative post.
There’s a distinction you have missed. California is one of the fifty states. Mexico is not.
One benefit of these threads is that it outs the socialists and liberals.
BULL CRAP. It took 30 years for wormed tonged Free Traitors™ like you to screw the USA into near economic oblivion and it may take a decade or so for patriots to salvage her. There will be some inflation, but as more people go back to work the economy will "lift all boats" not just the Chinese junk.
Yea
When taxes are too high
Trump thinks the solution is even higher taxes
A tariff is not a tax, it is a duty charged only to those that purchase said goods. It is optional unlike the income tax that the Free Traitors™ defacto support.
BS
No, it would further move jobs offshore.
Some folks won’t get that.
Trump is playing chess, while the naysayers are stacking their checkers.
The US tax code has to be brought into order first - and yes, that is going to be very difficult. Not only politically, but a lot of the skilled workforce needed to make up a decent a manufacturing base no longer exists. The old timers are retired or dead. Now we have twenty million unemployed political science majors, but not nearly enough young machinists or tailors. Unless you want to go the Bush/Rubio route and import them from the Latin realms...
.........................................................
Obviously you didn’t pay attention to my saying tariffs would help while the tax code is brought into order. As far as the unemployed political science majors, they should have to take a job where their new training will give them something useful as skills. Reduce the bureaucracy and the political science majors will HAVE TO find other jobs.
I don’t happen to believe in running scared from the rest of the world. Our “few remaining allies” will be much more comfortable with a strong America than they are with the weak America Obama has produced.
We MUST get our Trade Balance in order and i don’t care how we do it. Telling m it is too late doesn’t wash with me. We were late getting into WWI and late getting into WWII but we won. It’s long past Time to get us out of the Losers aisle and back into the WINNERS aisle and we need a hardheaded winning man to do it, not just another Political popinjay.
“Explain to me why the corporations would bring that money back to the U.S. and pay a 10% tax on it when they can leave it offshore and pay 0% tax?”
Because we will shut them down and seize their assets if they don’t.
Thanks for the ping, I haven’t been online just logged in.
Merry Christmas everyone.
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tar-iff n.
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