Trump's speech

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  • John_

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    Was a bit disappointed to hear that Trump will place a 20% tax on imports from Mexico...this ensures Americans will pay for the wall.

    Absolutely Sli, I agree with you. These rabid Trump fans are not smart enough to grasp basic economics. Trump makes a huge deal of American jobs lost to foreign countries. But its not Mexico or China to blame. American businesses and their CEOs and our political leaders/representatives have exported domestic jobs overseas for cheaper labor costs and less safety and environmental regulations. The bottom line is we lost jobs primarily because of greed and a larger profit margins for these american corporations. Trump knows this but he also knows the majority of his fan base DOES NOT know better. Instead of paying labor costs of $12-25 dollars an hour in the USA, they could employ trained Mexicans for $2-6 an hour, all day long. Ford, RCA, GM, Toyota, BMW, Brake Parts International, Rexnord Bearings, and Nabisco to name a few biggies.

    Mexico's current minimum wage is 58 cents an hour! No way american workers can compete with that.

    GM doubled its manufacturing capacity in Mexico, invested an additional 3.6 billion dollars in Mexico plants in 2015 and 2016:

    http://www.autonews.com/article/20141211/OEM01/141219966/gm-to-double-mexico-production-capacity-invest-$3.6-billion-in-plants
     
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    Whitebread

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    Absolutely Sli, I agree with you. These rabid Trump fans are not smart enough to grasp basic economics. Trump makes a huge deal of American jobs lost to foreign countries. But its not Mexico or China to blame. American businesses and their CEOs and our political leaders/representatives have exported domestic jobs overseas for cheaper labor costs and less safety and environmental regulations. The bottom line is we lost jobs primarily because of greed and a larger profit margins for these american corporations. Trump knows this but he also knows the majority of his fan base DOES NOT know better. Instead of paying labor costs of $12-25 dollars an hour in the USA, they could employ trained Mexicans for $2-6 an hour, all day long. Ford, RCA, GM, Toyota, BMW, Brake Parts International, Rexnord Bearings, and Nabisco to name a few biggies.

    Mexico's current minimum wage is 58 cents an hour! No way american workers can compete with that.

    GM doubled its manufacturing capacity in Mexico, invested an additional 3.6 billion dollars in Mexico plants in 2015 and 2016:

    http://www.autonews.com/article/20141211/OEM01/141219966/gm-to-double-mexico-production-capacity-invest-$3.6-billion-in-plants

    And it's not just federal regs. It's state and it's local. I am my tax department and spent more time and effort fighting municipalities over bull$hit laws and regulations and fees that would make the Soprano family jealous. We are talking hours, so much so that we are having serious discussions of hiring someone to strictly focus on misc taxes. I'm not talking income or payroll withholding either. They will strictly focus on business licenses, occupational licenses, property tax, sales tax, and whatever new and creative extortions these states and municipalities can dream up.
     

    Pas Tout La

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    Absolutely Sli, I agree with you. These rabid Trump fans are not smart enough to grasp basic economics. Trump makes a huge deal of American jobs lost to foreign countries. But its not Mexico or China to blame. American businesses and their CEOs and our political leaders/representatives have exported domestic jobs overseas for cheaper labor costs and less safety and environmental regulations. The bottom line is we lost jobs primarily because of greed and a larger profit margins for these american corporations. Trump knows this but he also knows the majority of his fan base DOES NOT know better. Instead of paying labor costs of $12-25 dollars an hour in the USA, they could employ trained Mexicans for $2-6 an hour, all day long. Ford, RCA, GM, Toyota, BMW, Brake Parts International, Rexnord Bearings, and Nabisco to name a few biggies.

    Mexico's current minimum wage is 58 cents an hour! No way american workers can compete with that.

    GM doubled its manufacturing capacity in Mexico, invested an additional 3.6 billion dollars in Mexico plants in 2015 and 2016:

    http://www.autonews.com/article/20141211/OEM01/141219966/gm-to-double-mexico-production-capacity-invest-$3.6-billion-in-plants

    The 3rd highest corporate tax rate in the world. Expensive and burdensome regulations. Mandated unrealistic wage increases...... I wouldn't necessarily call that a friendly business environment. I know when I feel I'm getting shafted at one place, I move to their competitor down the street where I'll get a better deal. It's the same principle, just on a larger scale.

    Many tend to forget that companies are not in business to employ people. They are in business to make a profit. Greed isn't the driving factor. It's a necessity for survival in the current environment. Hopefully the new administration can roll back some of those regulations and lessen the tax burden to where businesses can bear the higher wages of American workers and keep/return jobs in America.
     

    fng

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    " These rabid Trump fans are not smart enough to grasp basic economics...."

    that sure is an asinine blanket statement to make.
     

    John_

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    The 3rd highest corporate tax rate in the world. Expensive and burdensome regulations. Mandated unrealistic wage increases...... I wouldn't necessarily call that a friendly business environment. I know when I feel I'm getting shafted at one place, I move to their competitor down the street where I'll get a better deal. It's the same principle, just on a larger scale.

    Many tend to forget that companies are not in business to employ people. They are in business to make a profit. Greed isn't the driving factor. It's a necessity for survival in the current environment. Hopefully the new administration can roll back some of those regulations and lessen the tax burden to where businesses can bear the higher wages of American workers and keep/return jobs in America.

    What you describe in your first paragraph is free enterprise. Market competition. And I concur with that concept of business. Its how Walmart built its kingdom, its domination in individual retails sales in our world.

    Name me one American business (not a non-profit) which does not constantly strive for better earnings/profits for either their shareholders, or it's owners?

    Its the american way...we want more! More money, bigger house, more things, more guns, more fame or recognition, and/or authority/power! Now I grant you there are varying levels of both business and personal greed. Also a question of moral values. What will you do to accomplish, to achieve your end goals? Just how far will you push the envelope? Within our laws or illegally? Clearly its not the same for all.

    Wealth, personal gratification, success, health, and for some a burning quest for knowledge fuel our american society as we know it.
     

    John_

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    " These rabid Trump fans are not smart enough to grasp basic economics...."

    that sure is an asinine blanket statement to make.

    Evidently my statement offends you.........what can I say? Evidently you relate with "rabid Trump fans". It was not intended as a personal assault on any one person. I did not classify any one specific individual. Sorry, I cannot help you.
     

    Whitebread

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    Evidently my statement offends you.........what can I say? Evidently you relate with "rabid Trump fans". It was not intended as a personal assault on any one person. I did not classify any one specific individual. Sorry, I cannot help you.

    Personally I relate to the "rabid Trump fan" if you can't on some level I question your loyalties. However I'm not a populist. I'm an ideologue who is far right of most "right wingers". Because of that, I have disagreed with much of what Trump's platform has been. The shift in paradigm on trade from tariffs on our goods going out to tariffs on the goods coming in. Will change the landscape on trade it will help shift our country from massive trade deficits and will help the dollar to strengthen. Which will help to slow inflation while simultaneously promoting growth in private sector jobs. So in the end yes we are paying tarriffs at the consumer level by way of increased prices, but they will likely be negated in the end by a stronger dollar position.
    It's just a different form of interventionist economics. In the short term it will help grow jobs, but like all interventionist economics it has to be gradually removed because if left alone could work against us. Once the principles of our economic are established again I hope we put an end to this interventionist crap. In in the meantime I pray he rips apart all this burdensome regulation. He really should get all the governors together and have a discussion about standardizing state and local taxes and regulations, and forming cross state agreements.
     
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    Coastie Paul

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    Especially since only the tariff idea was floated. The Admin has not said that's what they're going by to do. I'm smart enough not to believe what corporate media says.
     

    Whitebread

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    To explain my opinion on tariffs further, you can't think of tariffs the same way you see income tax. You have to look at it like a sales tax. What happens when two neighboring cities adjust sales tax one goes up the other down? If you take two identical stores selling the same identical products it's now cheaper to buy from the store who's city lowered their sales tax burden. And the city who has higher tax begins to see a trade deficit. How many of us buy online to save on sales tax? Keep in mind I'm not advocating increasing taxes to handicap our competition. It's not creating a level playing field. But these are oversimplified explanations. As I said before this has to be two part and has to be gradually removed.

    But no doubt this is 3D or 4D chess and not Chinese Checkers.
     
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    Whitebread

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    See to me this is how you fund the wall. Mexico's largest GDP is money going back to Mexico from immigrants both legal and illegal. If you just took a small percentage of money transferred out of American banks going to Mexican nationals in Mexico we could fund a wall and casino built into the wall. Or we could legalize weed and put a big tariff on what comes in from the southern border. There are so many America first solutions that would help bring us to a more fair footing.
     

    Brawny

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    See to me this is how you fund the wall. Mexico's largest GDP is money going back to Mexico from immigrants both legal and illegal. If you just took a small percentage of money transferred out of American banks going to Mexican nationals in Mexico we could fund a wall and casino built into the wall. Or we could legalize weed and put a big tariff on what comes in from the southern border. There are so many America first solutions that would help bring us to a more fair footing.

    I thought that was what they were going to do from the beginning.
     

    Emperor

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    Was a bit disappointed to hear that Trump will place a 20% tax on imports from Mexico...this ensures Americans will pay for the wall.

    Absolutely Sli, I agree with you. These rabid Trump fans are not smart enough to grasp basic economics. Trump makes a huge deal of American jobs lost to foreign countries. But its not Mexico or China to blame. American businesses and their CEOs and our political leaders/representatives have exported domestic jobs overseas for cheaper labor costs and less safety and environmental regulations. The bottom line is we lost jobs primarily because of greed and a larger profit margins for these american corporations. Trump knows this but he also knows the majority of his fan base DOES NOT know better. Instead of paying labor costs of $12-25 dollars an hour in the USA, they could employ trained Mexicans for $2-6 an hour, all day long. Ford, RCA, GM, Toyota, BMW, Brake Parts International, Rexnord Bearings, and Nabisco to name a few biggies.

    Mexico's current minimum wage is 58 cents an hour! No way american workers can compete with that.

    GM doubled its manufacturing capacity in Mexico, invested an additional 3.6 billion dollars in Mexico plants in 2015 and 2016:

    http://www.autonews.com/article/20141211/OEM01/141219966/gm-to-double-mexico-production-capacity-invest-$3.6-billion-in-plants

    What matters is that Mexican producers, growers, financiers, bankers, drug cartels, etc. won't be making 20% more on their **** just because they are Mexicans! So what if Americans have to pay the tariff on our side? We at least now have the "choice" to pay for the tax! If a Mexican tomato cost 20% more before it arrives here, then maybe American growers can offer American grown tomatoes to consumers more readily and more competitively!

    To me, as long as the tariff money is actually collected and deposited in the bank with the endorsement on the checks by "Wall Builders, Inc" I am all for it! Do you guys realize that most tariffs in place now don't work because the money is actually stolen by f**king shitbag politicians? I would cite Chinese crawfish meat as the poster example. And that is just a small example!

    Any country that maintains a $56 billion dollar trade deficit over the US is a welfare state! F**k them!

    PS: I suppose I should also lay the blame where it belongs; the scumbag shitbag politicians that set these trade parameters.
     
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    Pas Tout La

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    What you describe in your first paragraph is free enterprise. Market competition. And I concur with that concept of business. Its how Walmart built its kingdom, its domination in individual retails sales in our world.

    Name me one American business (not a non-profit) which does not constantly strive for better earnings/profits for either their shareholders, or it's owners?

    Its the american way...we want more! More money, bigger house, more things, more guns, more fame or recognition, and/or authority/power! Now I grant you there are varying levels of both business and personal greed. Also a question of moral values. What will you do to accomplish, to achieve your end goals? Just how far will you push the envelope? Within our laws or illegally? Clearly its not the same for all.

    Wealth, personal gratification, success, health, and for some a burning quest for knowledge fuel our american society as we know it.

    I'm not real sure where you are going with that. I was referring to your comment on corporate greed being the main reason for job loss in America. I fail to see how ensuring their business remains successful (read profitable) can be considered greedy when the main purpose of any corporation is to maximize shareholder value. That alone should tell you there are no for-profit American business who do not strive to maximize profits or earning. At least none that are financially viable.

    At the end of the day, it all boils down to the fact that we have spent so long concerned about other nations well-being that we have completely overlooked our own. It's about time we put America first again. I don't think a $15 billion wall, at the expense of American consumers, is the best way to go about it. However, I think we can all agree something needs to change.
     

    JeeperCreeper

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    The move here was to make it more appealing to buy American. I'm 100% behind that. This will only be a small dent in the problem. It will be interesting to see how he goes about this thing to strengthen our economy and our workforce. This small step shows me he has good ideas and can go about it in a smart way.
     

    sliguns

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    The move here was to make it more appealing to buy American. I'm 100% behind that. This will only be a small dent in the problem. It will be interesting to see how he goes about this thing to strengthen our economy and our workforce. This small step shows me he has good ideas and can go about it in a smart way.

    I'm not sure forcing Americans to buy more expensive goods will strengthen the economy though...at first glance that seems to be a bit like the broken window economic fallacy
     

    JeeperCreeper

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    I'm not sure forcing Americans to buy more expensive goods will strengthen the economy though...at first glance that seems to be a bit like the broken window economic fallacy

    He's not forcing anyone to buy more expensive goods. He's making it more appealing to buy American. I wish more people believed this anyway and had a little more American pride.

    I don't think it's the fact that businesses are 100% concerned about profits. I know several companies in my line of work that have gone overseas to survive... Not because they wanted too! I know they would give the jobs they took overseas back if they could do it and turn a profit. 2008 killed a lot of companies and most did what they had to do.
     

    sliguns

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    He's not forcing anyone to buy more expensive goods. He's making it more appealing to buy American. I wish more people believed this anyway and had a little more American pride.

    He is by forcing the current low cost goods to be sold for 20% higher costs...which as you point out will allow current American goods, that are higher in costs, to compete...hence, no matter which good we now buy, we are forced to pay more.
     

    JeeperCreeper

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    He is by forcing the current low cost goods to be sold for 20% higher costs...which as you point out will allow current American goods, that are higher in costs, to compete...hence, no matter which good we now buy, we are forced to pay more.

    This was always going to be a trade off for a stronger America. I'm ok with this!
     
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