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Thread: Tariffs and trade !

  1. #71
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    Default Re: Tariffs and trade !

    Quote Originally Posted by slavenomore View Post
    Education is the key to ensure that every child is sold the idea of taking on debt as soon as they leave high school(and it's started at birth now)....Another sell by the banks for the banks imo........as the nation began hating unions they were told by the educaed that unions were no good. They were lazy and couldn't compete................I've seen nothing but the same since those days from the educated.
    Debt and education. Now that's the problem ? Someone that is smart knows to save money well before it's needed. If you can finance education and move on to double and triple your income with that education, why would that be a bad investment ?

    BTW, many educated people know and speak to the fact that unions are needed and provide that step many people need for a better life.
    Not everybody wants, or is smart enough for college. But if the ability is there, then an education opens a whole new world for each person.

    Do you know why people from other countries excel at school ? Because they are taught ( from birth ) that education is the key to freedom and to prosperity. Either groom the children to work in sweat shops building widgets, or educate them to be doctor's, lawyers or accountants.

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    Default Re: Tariffs and trade !

    This is what was thoughout when I was kid before we gave it all away...if we wouldn't have gave it away we wouldn't have need to get it back..Why would we rely on foreign necessesities for our military f our ways are so great and worthy of protection and spreading throughout the world?
    https://www.ebay.com/itm/Vintage-Col...gAAOSwyKtbC19A

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    Default Re: Tariffs and trade !

    Quote Originally Posted by fxstc07 View Post
    Debt and education. Now that's the problem ? Someone that is smart knows to save money well before it's needed. If you can finance education and move on to double and triple your income with that education, why would that be a bad investment ?

    BTW, many educated people know and speak to the fact that unions are needed and provide that step many people need for a better life.
    Not everybody wants, or is smart enough for college. But if the ability is there, then an education opens a whole new world for each person.

    Do you know why people from other countries excel at school ? Because they are taught ( from birth ) that education is the key to freedom and to prosperity. Either groom the children to work in sweat shops building widgets, or educate them to be doctor's, lawyers or accountants.
    Building widgets paid better......because people stuck together and they understood that sticking together was more important than going it alone......and we will always have a majority who just are not cut out for the educated world...so it worked best when we catered to them instead of those who pushed education imo....The wage gap only grows under the philosophy of education and free trade and not protecting your uneducated and workers.......it grows because the ones at the top who pick and choose what to educate and who to educate want it that way.

    Ifwe could pinpoint theyears where education was pushed and the labor unions and manufacturing were pushed to the rear burner..we will see where we began our downward, not upward spiral as a nation in many many ways....Upward for wall st....downward fr uneducated labor..union workers.

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    Default Re: Tariffs and trade !

    Quote Originally Posted by fxstc07 View Post
    Debt and education. Now that's the problem ? Someone that is smart knows to save money well before it's needed. If you can finance education and move on to double and triple your income with that education, why would that be a bad investment ?

    BTW, many educated people know and speak to the fact that unions are needed and provide that step many people need for a better life.
    Not everybody wants, or is smart enough for college. But if the ability is there, then an education opens a whole new world for each person.

    Do you know why people from other countries excel at school ? Because they are taught ( from birth ) that education is the key to freedom and to prosperity. Either groom the children to work in sweat shops building widgets, or educate them to be doctor's, lawyers or accountants.
    Highly educated bankers needed a bailout a few years back.......he union didn't need a bailout but YRC and their highly educated officers and banker buddies needed a bailout.....the educated can nnever get enough......and always seem to go for the big carrot of debt...........as education has increased so too has debt.....the undeducated union worker did not do that so much. Highly educated senators and representatives in DC have put our nation in trillions of debt....I bet everybody that makes policy down there have very big college degrees.

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    Default Re: Tariffs and trade !

    Quote Originally Posted by Sayheykid View Post
    Slave you seem to love the Tariffs way but IMO it protects Corporate America profits....they have nothing to do with unions......you keep bring up Japan and China will Japan is Capitalist and IMO the War (WWII) was fought over being a "Imperialist Capitalist" both the US and Japan wanted the nature resources (oil) of some if not all of those Islands in the Pacific.....As for China they are not really Communist anymore they are Capitalist.........they have lots of Billionaire maybe more than the US....thats not Communism......thats Capitalism.

    https://www.bbc.com/news/business-37640156

    https://gbtimes.com/china-contribute...2018-rich-list

    https://www.wsj.com/articles/chinas-...how-1507808615

    You got your wish China is now Capitalist and with all that cheap labor to exploit.......they suppress Union membership just like America does and did IMO.....America only had a small window in which they did not suppress Union membership IMO maybe the years of FDR? the establishment has been suppressing them as much as possible and it alive and well today....


    Maybe we should go down the Democratic Socialist route......something you seem to dislike.......but they are much more Unionize than us........

    https://www.washingtonpost.com/news/...=.5eea51a5110b

    "As political scientists have long noted, lackluster union presence is largely an American phenomenon: The United States consistently ranks near the bottom among developed nations in terms of union membership. According to the most recent data from the Organization for Economic Cooperation and Development, about 10 percent of U.S. workers were part of a union in 2013, meaning that only a fraction of Americans are organized to negotiate their wages or benefits with employers. In contrast, the Scandinavian countries — which are often characterized as the most free-market economies in the world — have union membership hovering somewhere close to 70 percent."
    If a company can skirt US regs and labor and property costs by leaving and shipping back, which is what they've been allowed to do for decades.......tariffs do not protect them..They protect the American worker. They protect American citizens and taxpayers.

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    Default Re: Tariffs and trade !

    There were no free rides to higher education in this family. If you want Mommy and Daddy to pay for your college tuition, the advice was to pray a rich family would adopt you. The females gravitated towards higher learning. The males labor. I had a good life growing up and my children saw the same coming from the home of a Union truck driver. One lesson they learned was that there are roads to an education that doesn't require enormous debt. Another lesson they learned was the diminishing opportunities to give their children the same life they had without an education. All of them chose different paths to careers. They are all successful. The education opened opportunities that could have never been secured without it for some. The debts for the educations were satisfied not long after graduation. They did it all on their own. The use of their minds and athletic abilities opened the door to scholarships to help ease the burden for our children. This was passed along to their children. Our oldest granddaughter is playing ball for a college near Seattle in return for her education. They all know the importance of labor unions and they share their knowledge and experience with others. That is something no banker or "suit" can offer.
    fxstc07 likes this.

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    Default Re: Tariffs and trade !

    Quote Originally Posted by slavenomore View Post
    Building widgets paid better.
    I'll reply to just the first 2 sentences in your posts.

    Did it ?
    Or did an educated professional make more ?
    But you are right about one thing. Not everybody is collage material.


    Quote Originally Posted by slavenomore View Post
    Highly educated bankers needed a bailout a few years back.
    And who money on that deal ? The educated bankers ...

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    Default Re: Tariffs and trade !

    The economic harm of these tariffs are affecting tens of thousands of people and businesses.

    American farmers, businesses launch campaign to show how tariffs harm the heartland
    More than 80 trade associations representing thousands of businesses and workers announced Wednesday they are forming a coalition called Americans for Free Trade and joining with agriculture groups to launch a multimillion-dollar campaign against tariffs.
    Called Tariffs Hurt the Heartland, the campaign will highlight the negative impact of tariffs on businesses and the benefits of international trade to the U.S. economy.

    “Every sector of the U.S. economy stands to lose in a trade war,” said Matthew Shay, president and chief executive officer of the National Retail Federation. “The stakes couldn’t be higher for American families, businesses, farmers and workers threatened by job losses and higher prices as a result of tit-for-tat tariffs.”

    The anti-tariff campaign comes as the Trump administration is preparing to impose new duties any day now on another $200 billion in imports from China as part of a broader tug of war between Washington and Beijing.
    A war that is so easy to win, according to one person. But with every war there are casualties. How many people will suffer the fate of the loss of everything ? More then need be.

    https://www.wfmynews2.com/article/ne...c-f85c532a8d60

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    Default Re: Tariffs and trade !

    A war that is easy to win ... seems that was a little of a premature statement.

    Fresh US-China trade talks in the making as tariffs loom
    Washington has invited Chinese officials to restart trade talks under efforts to defuse an escalating trade dispute
    The head of the White House Economic Council, Larry Kudlow, told US television on Wednesday that the Trump administration has sent a letter to Beijing in response to China's call for a resumption of trade talks with Washington.
    According to a person familiar with US-Chinese trade talks, US Treasury Secretary Steven Mnuchin is pushing for talks in the coming weeks with his Chinese counterpart Vice Premier Liu He, the top economic adviser to President Xi Jinping.
    The invitation comes amid a swelling chorus of opposition to tariffs from American business circles.
    More than 60 percent of the 430 US companies polled said the tariffs were already affecting their business operations, while a similar percentage said Chinese duties on US goods were having an impact on business.
    Roughly a third of firms are shifting supply chains out of China, or the US, and an equal proportion are delaying or cancelling investment decisions, the survey shows. In addition, about half of American firms are making less money, and a similar amount are reporting higher production costs. Some of their employees are paying the price, with 12 percent of firms cutting staff, the report says.
    Delay or cancel investments.
    Layoffs.
    Higher costs.
    Less profits.

    A war that is so easy to win ... while harming untold thousands.

    https://www.dw.com/en/fresh-us-china...oom/a-45471605

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    Default Re: Tariffs and trade !

    I've posted about the Maine lobster industry before. Now it's hurting more each day.

    Layoffs hit, prices lag as lobster biz feels tariff pinch
    Updated: 3:32 PM EDT Sep 14, 2018 - PORTLAND, Maine —
    The American lobster industry is starting to feel the pinch of China's tariff on U.S. seafood as exporters and dealers report sagging prices and financial pressure.
    China is a major buyer of lobsters, and the country imposed a heavy tariff on exports from the U.S. in early July amid trade hostilities between the two superpowers.
    Exporters in the U.S. say their business in China has dried up since then.
    Wholesale prices also have dipped a bit as dealers lost markets.
    Business publisher Urner Barry reports that prices in July and August were both slightly less than the same month in the previous year.
    Maine is the biggest lobster producer. At least one company, The Lobster Company of Arundel, Maine, says it has resorted to layoffs due to shrinking business.
    https://www.wmtw.com/article/layoffs...pinch/23135221

 

 
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