Thogey wrote:natsb88 wrote:Thogey wrote:Ladies and gentlemen nate's position is not that tariffs won't work. It is that he does not agree with the Trump's goal.
Completely incorrect. I would very much like to see more manufacturing move back to the states. I do not think tariffs are an effective way to do it, I do not believe it is Trump's prerogative to implement them, and I believe the collateral damage will far outweigh any benefit, both short term and long term.
I must have misunderstood this
How does China producing affordable goods for the global market make America a worse country for your kids? I mean, I understand the frustration of low quality disposable appliances and tools and whatnot, but there are higher quality options out there too. Free markets make those options and choices possible. Nearly every household in America, regardless of income, has a refrigerator and a microwave. Most have multiple TVs and internet access, almost everybody who wants one has a smart phone in their pocket. That wasn't true just a decade or two ago and it wouldn't be true now if we had walled off trade the way Trump is now.
One can desire to have more domestic manufacturing while also recognizing the benefits we (the entire country, which includes you) reap from international trade. That has primarily been China for a couple decades now. Taiwan and Japan before that. China is an easy scapegoat. It makes many Americans feel all patriotic to say "yeah, screw China, make America great (at manufacturing) again." But that's a woefully oversimplified sentiment.
Thogey wrote:And this
the more domestic companies and manufacturers I work with, the more I see how many US jobs rely upon Chinese products and manufacturing,
is the problem. God did not make this, it can be reversed.
Again, it's not that simple. As I tried to explain before, there simply is no meaningful market for entirely American-made products in a lot of market segments. It's not that people will have to save up and pay a little more, it's that the price would be many times what it is today, and there simply aren't enough buyers for many discretionary / recreational / hobby products at that price level to sustain an American manufacturer. So we either continue to capitalize on the opportunity to have small American companies supporting some American jobs with a mix of overseas materials/manufacturing, or we price those American companies out of the market completely through tariffs, lose those jobs, and have only foreign products in the market.
One of our customers recently shopped around for a small screw used in one of their assemblies. They buy tens of thousands at a time. They pay about $0.06 a piece from a Chinese supplier. The best price they could get from a US manufacturer was ~$0.63 a piece. They did the math on making their entire product here. The current product is a mix of US-made and Chinese-made components with final decorating, assembly, and packaging in China. The list price now is $299 and they usually retail for 10% - 20% below that. To make these entirely in the US, the list price would have to go to at least $799. There is no market for them at $799. So they either continue the business this way, keep directly employing a couple dozen people here, keep contributing to the local economy through their rent and employment and use of local services, and help keep many dozens of physical and online retailers in business who distribute their products. Or we jack up their cost of doing business, price them out of the market, all that goes away, and people buy entirely foreign products or leave the hobby. That's what the tariffs do to thousands of small companies, in favor of a very small group of connected large corporations.
Thogey wrote:Also, I really don't know what "4d chess" means. What is this?
"4D Chess" originated among an online pro-Trump group, I think first referring to the campaign/media strategy, which made sense. He was getting (and seeking) lots of negative attention, but it kept his opponents off the air, and ultimately played a significant role in his nomination. His team played the media. All the [manufactured] controversies and inflammatory remarks worked to his advantage. It was "4d chess." Then it grew into explaining Trump actions/policies that seemingly contradicted his stated goals and campaign promises, but that supporters claim are really genius strategy moves setting up some bigger master plan.
He got the NRA's endorsement and claims to be the pro-gun candidate but then supports a bunch of gun control measures. Oh, he's not
really for gun control, he's just playing 4D chess. Don't worry, he's a genius!
He said we should get out of the Middle East and it would be a huge mistake to get more involved in Syria, but then gets more involved in Syria. Oh, he's not
really getting more involved in Syria, he's just playing 4D chess. It's all part of his plan!
He promised to build the wall and make Mexico pay for it. Mexico refused and Trump shifted to using a tax on imports from Mexico to pay for it. A tax on Americans, not Mexicans. But it's all part of 4D chess!
Trump is going to drain the swamp! He then fills his cabinet with swamp creatures and sets up a revolving door of Washington insiders and connected friends for nearly all appointed positions. But don't worry, it's all part of the plan to make America great again. He's on another level that mere mortals can't understand, he's playing 4D chess!
A couple years later and it's now more often used tongue-in-cheek to poke fun at the type of diehard Trump supporters who refuse to acknowledge any mistakes or shortcomings. The largest federal deficit in six years? That's just 5D chess! Etc. Not that we really have those here at Realcent, but there are a lot of them elsewhere.
Thogey wrote:Treetop wrote:68Camaro wrote:Mostly staying out of this exercise in debate thread
I guess one could call it that, but anyone who supports Trump was made fun of and belittled before any of us even commented.
It is impossible to belittle Trump supporters. It's like standing in a river and pissing upstream.
Not my intention to belittle Trump supporters. I don't think the Trump supporters here are the type who think he is really an infallible super genius anyway. Besides, this is an economic / trade policy issue. I would be opposed to and pointing out the objective flaws in this strategy whether it was Trump or Obama or Hillary or Bush or Romney or whoever. Trump just happens to be the one implementing them.
And just like Obama supporters did when criticizing any Obama policies, some Trump supporters try to make it about their politician of choice instead of the policy. Criticize an Obama policy and you were a right wing extremist / racist. Criticize a Trump policy and you are a globalist / America hater / snowflake. I always get a chuckle out of Trump supporters here implying I'm some sort of lefty while pretty much all other social media thinks I'm a borderline alt-right Trump supporter