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re: We have two choices: taxes or tariffs
Posted on 4/3/25 at 8:13 am to hawgfaninc
Posted on 4/3/25 at 8:13 am to hawgfaninc
Taxes would never convince big business to come home. And now you know the rest of the story.
Posted on 4/3/25 at 8:14 am to SteelerBravesDawg
quote:
If it was the other political team instituting these tariffs and not your favorite team doing so, you'd be losing your mind right now.
No he wouldnt. The media would be saying tariffs were the greatest ever. Everyone would be saying on Social Medianit was the greatest
You dont need to lie
And is anyone gonna do math and explain how much more we will be paying cause of evil tariffs
Posted on 4/3/25 at 8:14 am to mmmmmbeeer
quote:
We pay others to do things cheap for us. We have that sort of flexibility. Is there an unemployment problem here I’m unaware of?
No, but there's a competitiveness problem you're choosing to ignore. These tariffs are not intended to be a permanent thing. They're a tool he's using to get better treatment of US exports and onshore some high quality manufacturing jobs...e.g., automotive, which is already a large and lucrative industry in South Carolina.
Posted on 4/3/25 at 8:17 am to ELLSSUU
quote:
The wild thing is there are people salivating with hope that there will be a recession or depression solely because they hate Trump
They're also yelling about the economy shrinking. Which, if we're still worried about inflation (I believe we are considering all the "are your groceries cheaper yet?! posts I see on FB), would take care of that issue.
ETA: I obviously know a depression is bad and no one wants that. I'm talking more about a reduction in the money supply.
This post was edited on 4/3/25 at 8:18 am
Posted on 4/3/25 at 8:20 am to Chucktown_Badger
quote:
These tariffs are not intended to be a permanent thing. They're a tool he's using to get better treatment of US exports and onshore some high quality manufacturing jobs...e.g., automotive, which is already a large and lucrative industry in South Carolina.
If they are not intended to be a permanent thing, then they aren’t going to be effective at onshoring manufacturing jobs. If all key stakeholders got on board today, it would take 3-5 years to build up the capacity required and realign our domestic labor force to meaningfully boost our level of domestic industrial production relative to imported goods. The political cycle won’t allow for that kind of commitment, so very few companies are going to make that investment unless they get additional subsidies.
Posted on 4/3/25 at 8:24 am to hawgfaninc
We are going to flat usage/purchase tax. It's clear as day. Can't wait!
Tarrifs will be reciprocal between countries....therefore, keep your quality up or lose sales.
Tarrifs will be reciprocal between countries....therefore, keep your quality up or lose sales.
Posted on 4/3/25 at 8:24 am to Crowknowsbest
There are likely many companies who already have manufacturing in the US with the ability to retool or ramp up. That's just one industry. There are obviously thousands more who can do some things in the short term.
LINK
LINK
quote:
In the short run, President Donald Trump’s tariffs on Mexico and Canada are likely to prompt automakers to reevaluate their production strategies to mitigate the additional costs of tariffs. To the extent they can, they could boost production capacity at any of their U.S. plants that have spare capacity. The largest potential short-term production shifts will most likely come from GM plants in Oshawa, Canada, and Silao, Mexico, that produce Chevy and GMC-brand pickup trucks. GM plants in Roanoke, Indiana, and Flint, Michigan, already produce similar models and have spare capacity. (See figure 5.)
This post was edited on 4/3/25 at 8:25 am
Posted on 4/3/25 at 8:27 am to Chucktown_Badger
quote:
No, but there's a competitiveness problem you're choosing to ignore. These tariffs are not intended to be a permanent thing. They're a tool he's using to get better treatment of US exports and onshore some high quality manufacturing jobs...e.g., automotive, which is already a large and lucrative industry in South Carolina.
Then the tariffs should have been targeted rather than this madness based on nothing more than trade imbalances between the US and other countries.
We have a huge trade deficit with Taiwan? No shite. Taiwan isn't exactly going to import mass amounts of American goods...they're a small nation who just so happens to have a powerhouse manufacturing sector...of course we're going to run a huge trade deficit with them. Do you think slapping 30% tariffs on them is going to stop America from importing their semiconductors?
I truly do appreciate his aim and tariffs can play a nice role in managing the import/export of goods and help American businesses. The way this was done is just baffling and is clearly going to be counterproductive.
Posted on 4/3/25 at 8:27 am to Chucktown_Badger
What you just quoted is fricking peanuts compared to the stated goal of meaningfully reducing the trade deficit. We’re talking about likely trillions of dollars of investment needed and a reorganization of the entire American economy from a service-based economy to a manufacturing economy, all while having higher labor costs than the rest of the world.
This post was edited on 4/3/25 at 8:32 am
Posted on 4/3/25 at 8:28 am to mmmmmbeeer
The only thing I know for sure is there may be 5 posters on this site that can have an educated conversation on this, maybe.
But will get a gazillion threads with the same retards who don’t know shite arguing about it
But will get a gazillion threads with the same retards who don’t know shite arguing about it
Posted on 4/3/25 at 8:28 am to bamameister
quote:nope, never gonna happen.
Taxes would never convince big business to come home. And now you know the rest of the story.
Posted on 4/3/25 at 8:31 am to CDUBTX
quote:
They’re taking into account all factors involved including trade deficit and exchange rate etc.
Have you seen their formula? Or are you just trusting politicians to be honest?
Posted on 4/3/25 at 8:32 am to Mingo Was His NameO
quote:
have an educated conversation on this, maybe.
You mean just saying this will force manufacturing to come home isn't educated?
Posted on 4/3/25 at 8:32 am to BayouBlitz
quote:
Have you seen their formula? Or are you just trusting politicians to be honest?
But, but, but "currency manipulation"!
We know China can manipulate their currency but the rest of the world?
This post was edited on 4/3/25 at 8:34 am
Posted on 4/3/25 at 8:34 am to mmmmmbeeer
quote:
You mean just saying this will force manufacturing to come home isn't educated?
You’re one of the people who knows nothing but will live in these threads
Posted on 4/3/25 at 8:36 am to Mingo Was His NameO
quote:
You’re one of the people who knows nothing but will live in these threads
Awww.....little man has more of an inferiority complex than just his height. How cute.
Posted on 4/3/25 at 8:38 am to i am dan
quote:
Well, we've been in an economic dip for years now haven't we?
No, we haven't. The economy dipped in the first and second quarters of 2020 due to COVID and bounced back waaaaaaaaaayyyyyyyyyy more than it should have in the third quarter because Washington was making it rain to prevent any sort of discomfort for the American people because we, as a people, ain't going to tolerate being uncomfortable for any period no matter the source of that discomfort. There was also a very minor slow down in the first quarter of 2022 in an attempt to slow the inflation that the rain from Washington in 2020 was driving. Out side of the that the US economy has seen slow, steady growth in every quarter since the third quarter of 2014.
The economy did slow substantially between the third quarter of 2020 and the fouth quarter of 2020...but the economy grew duing the 4th quarter of 2020 just at a slower pace than the ridiculous growth of the third quarter....in fact the growth rate in Q4 of 2020 was nearly double the average growth of the US economy when expanding for about 100 years....
The truth is that we acted like fricking idiots in 2020 with COVID. We recovered nicely....way better than the rest of the world...it is actually pretty damned impressive. Inflation was bad for a period because the economy was awash in cash from Washington but it slowed and the economy grew at a modest and respectable pace for a mature economy.
I do not think the coming downturn is any worse than that caused by Ronald Reagan in his second term or George W. Bush in his second term but it is going to approach that level and the American people ain't going to be happy. It better correct itself before about February or April of 2026 or there is going to be a BLOOD bath in GOP primaries across the nation as Republicans jockey for position in a post Trump era. Thus far Trump has enjoyed near total support by the GOP. When they realize a lame duck president who was re-elected based in large part on a charismatic hold on a sizeable number of Americans that no one else is going to be able to replicate is causing them a massive amount of pain back home in Hahira they are going to turn on Trump and company. It better work and do so before April of next year or there is a good possibility Trump no longer has control of either house and possibly in numbers that would allow for his removal from office. It is a hell of a gamble....betting against Trump has proven to be a fools game but it is a hell of a gamble...
Posted on 4/3/25 at 8:44 am to mmmmmbeeer
quote:
Awww.....little man has more of an inferiority complex than just his height. How cute.
I’m certainly no expert in tarrifs, which is why I haven’t opined. You , and a host of others, could learn something from that.
There’s a reason I’m rarely wrong when I post, if I don’t know what I’m talking about, I don’t say anything.
Posted on 4/3/25 at 8:45 am to hawgfaninc
they are the same thing, just different ways of getting the money
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