Tariffs on Imported Tools - 2017

[tarbellb]

^^^ drops mic

 

[Roberts210]

America is a country carrying huge (yyyuge?) trade deficits with multiple countries. I'd be entirely willing to add tariffs to any country we currently have a deficit with. Or outright "denial". They don't buy from us...we don't buy from them. Dollar-for-dollar.

ANYTHING that slows down the flood of money going to China, Vietnam, and India will have my approval. I'd consider most anything EXCEPT what our treasonous politicians have been doing for the last thirty or forty years--giving away the store so that Big Business gets rich, and the middle class gets screwed.

Historically, the mother country exports finished goods, and imports raw materials from it's colonies. What does that say about our relationship with China?

Well said.

We are still the Big Dog in the world, but with the last 4-5 wimpy presidents we've had, the U.S has acted like a scared little puppy in our trade agreements. Trump is a street fighter. The man's got major gonads and isn't afraid to mix it up. One by one he picked off every single opponent who came against him. He will take on Mexico and China and India, I have no doubt. Will we win? I am betting we will.

 

[05r50]

US has trade deficit with every countries it trade with. If US don't want those trade deficit, stop buying. POST tariff on US companies that offshore will only hurt US companies as it will make them less competitive. If he impose tariff on imports to compensate for that, other countries will retaliate with tariff of their own. If he band foreign workers, who will keep US tech companies humming at the high end and who will do the jobs that Americans do not want to do at the low end (ie farm workers).

That's laughable and simple. You hire back all the former high tech American workers that you Let go when you started importing tech from India.

The foreign tech worker is not smarter. They are just cheaper. I've been in tech my whole career and now I am the guy with the target on my back. Mid 50's experienced and yes pricey. Especially when compared to the Indian suppliers that "place" 6-8 workers in a 3 bed apartment and pay them ****. Great money compared to what they make at home, but most of their money goes back to family back home. So how much are they helping our economy?

Truth is most companies keep small amount of domestic techies to clean up the sub par work that the contractors turn in. They turn in volume not quantity.

As with everything there are exceptions, and the biggest issue we as a country need to wake up to is that education is job 1. There are plenty of reports that show how we are falling behind on education. Not just overpriced college but our K-12 system.

 

[stewed baker]

Since the subject came up, here is information about bombings on American mainland.
http://www.history.com/news/history-lists/5-attacks-on-u-s-soil-during-world-war-ii

 

[oldtools]

That's laughable and simple. You hire back all the former high tech American workers that you Let go when you started importing tech from India.

The foreign tech worker is not smarter. They are just cheaper. I've been in tech my whole career and now I am the guy with the target on my back. Mid 50's experienced and yes pricey. Especially when compared to the Indian suppliers that "place" 6-8 workers in a 3 bed apartment and pay them ****. Great money compared to what they make at home, but most of their money goes back to family back home. So how much are they helping our economy?

Truth is most companies keep small amount of domestic techies to clean up the sub par work that the contractors turn in. They turn in volume not quantity.

As with everything there are exceptions, and the biggest issue we as a country need to wake up to is that education is job 1. There are plenty of reports that show how we are falling behind on education. Not just overpriced college but our K-12 system.

US is quite dependence on foreign scientists and engineers to keep its technological edge and its economy growing. US universities do not produce enough high quality domestic scientists and engineers. With the recent release of PISA and other international tests, US students continue to fall behind their peers; therefore, the US will continue to be dependence on foreign scientists and engineers in the foreseeable future. US need a major overhaul to its K-12 system. Invest more money in education. Get rid of the teacher union and replace all the incompetent teachers.

http://www.prb.org/Publications/Articles/2011/usforeignbornstem.aspx

https://www.insidehighered.com/news...endence-us-graduate-programs-foreign-students

 

[6PTsocket]

Its on all the network news lately since Trump threatened Carrier and anyone else with tariffs if they take their manufacturing outside the US. Do a search on "35% tariffs" and you'll have hundreds of articles to choose from. SD

They were just that, threats. Even using Obama's old pen and phone he cannot impose tariffs on his own and controlling both houses is no garrantee. The reversal of the thousands of regulations inposed by agencies run amok and incentives is something he can get done. You have to get companies to want to stay.in Carrier's case the real threat is that their parent company, United Technologies, has billions in defense contracts.

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[6PTsocket]

Trump knows that. He is a graduate of the Wharton school of business.Anybody in industry knows,about punitive tariff wars Stop sweating the rhetoric and let's see what happens.

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[pozidriv]

This is nonsense. Trump isn't that big of a *****, he just plays one on TV. Why the hell do you think he makes his ties in China? This thing with United Technologies is just for show. He has leverage over UT because they are a massive defense contractor. Most companies aren't.

Bluster apparently can win an election. It can't change the course of history.

WWheeler has it exactly right. The problem in the world today is that there is too much of everything, especially people. Our normal historical methods of population control, War, Pestilence and Famine have all been tamed. You can't have a war were you chew through millions of men while the factories back home hum along because some ******* will go nuclear and then everything goes to ****. Science has cured Bubonic Plague and fed the world.

The reason for this so called and completely imaginary "American Exceptionalism" was that the rest of the world had the **** knocked out of it. We were not exceptional they were simply down and out after WWII having lost half of their populations and most of their means of production.

The American standard of living was caused by the scarcity of workers. Where do you think the idea of employee benefits came from. Did you just think that employer paid healthcare just fell from the sky? It came from the fact that during WWII there were iron clad wage and price controls in effect. The only way to steal people was by offering them health insurance, vacation time and benefits. You couldn't offer them a raise or you went to jail. Did anybody ever think that businessmen would willingly give away money if they didn't have to? I'm from Pittsburgh maybe you should read the history of the American Labor Movement if you'd like to learn about how happy Andrew Carnegie was about the formation of the United Steelworkers Union. Search on that + Pinkertons to see how many died to get a living wage.

So unless somebody finds a way to kill billions of non-US people the value of an American worker will continue to decline and so too will the American standard of living as he now completes against the rest of the world. Nothing is going to change this. Unless you have some unique and valued skill you're just dog meat out there today.

From the standpoint of America WWII was the greatest thing of all time. Your major competitors: Germany, Japan and Britain laid in ruins with not one bomb falling on American soil. This was a once in the history of the world event. It will never happen again.

I got a laugh out of this post Refreshing to see this standpoint coming from an American! I konw we get some biased news reporting on the US here too, but some of the interviews they show with Americans about politics and economics are just beyond facepalming, cringeworthy.

 

[2002maniac]

I like tools

 

[sandmann]

Since the subject came up, here is information about bombings on American mainland.
http://www.history.com/news/history-lists/5-attacks-on-u-s-soil-during-world-war-ii

Interesting that today is Pearl Harbor Day. Remember Pearl Harbor! And thank you to our soldiers, old and new.

...And what 2002maniac said...I like tools I think I will go buy a Christmas present for myself today

 

[oldtools]

Trump knows that. He is a graduate of the Wharton school of business.Anybody in industry knows,about punitive tariff wars Stop sweating the rhetoric and let's see what happens.

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Did he get into Wharton under his own ability or his dad money. We know he did not start the realestate business on his own. He inherited from his dad. He is harsh on immigrant yet his dad emigrated from Scothland to US. Guess he only hate non-white immigrants.

 

[oldtools]

They were just that, threats. Even using Obama's old pen and phone he cannot impose tariffs on his own and controlling both houses is no garrantee. The reversal of the thousands of regulations inposed by agencies run amok and incentives is something he can get done. You have to get companies to want to stay.in Carrier's case the real threat is that their parent company, United Technologies, has billions in defense contracts.

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Republican congress already said they will not support a trade war (high tariff). They will look into reducing regulations to reduce cost to US companies which I think is the right approach. Carrier said it will increase the price of their AC unit 5% next year due to cost. Carrier said it will spend $16 millions to automate its assembly facility and said more jobs will be lost. More jobs will be lost due to automation than outsourcing. Carrier CEO said it plan to eliminate all non-skill jobs by either automation or outsourcing regardless of trump threat. He suggest the employee take advantage of company educational opportunity to improve themselve. There are plenty of jobs out there that require some skill.

 

[Ryan]

Politics will get you banned here. Quick like.