Trump Admits His Trade Policy Would Mean Higher Prices

Discussion in 'Politics' started by InTheLight, Jul 1, 2016.

  1. InTheLight

    InTheLight
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    Donald Trump acknowledged Thursday that trade policies will mean consumer products would cost Americans more money -- though he assured a New Hampshire crowd that it would be a small price to pay for the spike he foresaw in the number of American jobs.

    "We're better off paying a little bit more and having jobs," Trump said in Manchester at a town hall-style event. "It's a much better system, the way it used to be."

    http://www.cbsnews.com/news/donald-...products/?ftag=CNM-00-10aab7i&linkId=26123156
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    He spoke at a shuttered light bulb factory in Manchester, NH. Yeah, bring back those awesome light bulb jobs! What is that, a 140 year old technology? We want more of these jobs! MAGA!
     
  2. Smyth

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    InTheLight, you continue to campaign for Hillary, a candidate that has the desire and ability to nullify the Constitution by appointing the Fifth Activist to the Supreme Court.

    Yes, Trump's trade policies would raise prices on imports. But, I'd prefer to pay slightly more for imports than go to prison for being a Christian (Hillary's agenda). But, just speaking of economics, Trump's trade policy is just squeezing a balloon, the squeeze on trade will be accompanied by domestic relief.
     
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  3. InTheLight

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    You keep bringing up this beat up tired canard. Really, get a new pull chain.

    <cough> False dilemma <cough>


    Domestic relief on what, exactly?
     
  4. Lewis

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    I agree with Trump on this. It's great to save a few bucks on cheap imports, but not at the expense of gutting our own manufacturing base, and sending our jobs overseas.
     
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  5. Lewis

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    As an example, in 1990, 50% of clothing sold in the U.S. was made in U.S. Now, it's less than 2%.
     
  6. Smyth

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    Other countries have cheaper labor and their businesses aren't burdened with so much government regulation. We shouldn't try to choke out cheap goods, but we should spread the tax burden to imports.
     
  7. InTheLight

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    So what? Should the US be a leader in making clothes? Why?



    Sent from my Nexus 7 using Tapatalk
     
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  8. Lewis

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    An awful lot of people were employed in US textile manufacturing and clothing production not so long ago. Ever driven through Spartanburg, SC and seen all the abandoned textile mills? The same could be said for printed circuits and other industries.
     
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  9. Crabtownboy

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    And you do not believe import taxes will not cause you to pay more for the cheap clothes you want?
     
  10. Lewis

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    True. And in China most industries are subsidized in all sorts of ways. They don't even have to make a profit, the Chinese government props them up anyway.

    India imposes tariffs on many Chinese goods. Maybe we should consider doing the same.
     
  11. Crabtownboy

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    It would not help our own industry much. With the strong dollar and the more expensive manufacturing base no one would buy our exports. All you idea would do is to raise the prices here.
     
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  12. InTheLight

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    Economies are dynamic, always changing. The time for being a world leader in clothing production is over. Unless you can give good reasons why we should reclaim that past glory?

    Sent from my Motorola Droid Turbo
     
  13. Lewis

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    Because it employed an awful lot of people? Because unemployed people don't pay taxes, but do get into trouble.

    Because the Chinese are not running a free enterprise system over there.
     
  14. Salty

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    Then part of the answer is to reduce a good portion of goverment regulation!
     
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  15. InTheLight

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    Yes, employment is a good reason. Why should people be employed by the clothing industry instead of say, aerospace or biotech?

    Sent from my Motorola Droid Turbo
     
  16. Lewis

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    That would be great. Of course many people are not equipped for aerospace or biotech careers.
    Also we see how tech companies are increasingly bringing in H1-B workers and laying off American workers in high tech industries.
     
  17. InTheLight

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    If you were to employ people in the clothing industry and pay them, say, $15 an hour, would you be willing to pay $35 for a three-pack of underwear?
     
  18. Smyth

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    Indeed, a good portion of government regulation should be reduced. But, also, I think it's reasonable and fair to spread out the tax burden.
     
  19. Revmitchell

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    Because people still wear clothes in this country and there is not a single industry we should not be involved in.
     
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  20. Smyth

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    An increasing number of American jobs are either low-level service jobs (service jobs can't be exported, although they're starting to be automated) or high-tech (jobs for very smart people), leaving the average American in a bad position with a dark future.
     
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