Trade Wars and Tariffs

#928
#928
SpaceCoastVol said:
😂 If all this things y'all cloth pearls over, this one is the dumbest. But by all means, waste lots of time on it.
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I'm not following. First, I'm not a y'all. Second, he's spoken about it a few times now. I've learned to take what he says seriously. You don't?
 
#929
#929
whodeycin85 said:
what percentage of companies do you believe operate at a minimal profit margin??? Excluding groceries stores...their margins are lowest.
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What does that have to do with your statement about men always going the route of greed? A healthy profit margin isn't in itself a sign of being greedy.
 
#930
#930
McDad said:
Actually, I don't know. There is no way I could account for every country or every region's labor dynamics.

I certainly do not want forced labor (from government or other leaders) to the supply of our goods.

But on the other hand, I don't want our standards to be applied in places where the shoe doesn't fit. It is unrealistic and potentially harmful to those needing employment in the poor areas.
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We need employment here. We don’t need to sacrifice those needing work here for the benefit of those needing work elsewhere.

In very similar circumstances, I’d also like to stop giving money to countries all over the planet to fight wars and study the size of oranges in the desert
 
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#931
#931
McDad said:
I am confused. We are discussing one country putting an expectation of another wrt employment. Are you saying here it isn't a country putting the expectation on the other country but the businesses inside of that country???
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It’s not difficult….
The us government doesn’t own our businesses. If they (the companies from within the USA) wish to export and/or compete in a foreign country that requires a higher standard than ours then they have a choice to make.
Anyone, be it a company owned by a foreign government or individuals should have to compete at our standards.

I would never be in favor of the US government telling corporations from the USA that that have to compete in a foreign country.
 
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#932
#932
McDad said:
Perhaps my discussion about labor outside the US is more talking past each other than talking with each other. If so, this might clarify.

I am not looking at foreign labor as a moral issue. Is there a moral component? Yes. I am looking at it from an economic perspective. KInd of a "what is best for me given the limited options I have". I think the person who is best equipped to make those decisions are the people themselves.
I live in a poor county in Tennessee. Lot's of agriculture and forestry. If i feel like it is in my best interests to work retail at Walmart instead of in forestry, why should anybody stand in my way? Even in restricted societies and countries, if the individual has options for work, who are we to say they shouldn't do one type of work over another?
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You’re applying the freedoms you have here to countries who don’t share and/or allow those freedoms.
Also not our job to grant those rights/freedoms
 
#933
#933
lawgator1 said:
Can tariffs between states be that far off? It is theoretically unconstitutional but one can easily imagine a MAGA governor deciding there's a loophole and instituting tariffs on imports from California, aligning himself with Trump-onomics.
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Constitution
 
#934
#934
LouderVol said:
California essentially has done this for a while. they have created several standards that any products that sell in their state have to abide by. those standards cost money that would otherwise not be there. rising the costs across the nation because California has increased standards on vehicles, building supplies, appliances so on and so forth.
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Many have chosen not to compete there.
 
#935
#935
hog88 said:
What does that have to do with your statement about men always going the route of greed? A healthy profit margin isn't in itself a sign of being greedy.
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The point is that as history has repeatedly shown mankind will do what is in their own best interest for themselves.....what's a healthy profit margin?? What is the point of running a business..is it just to make some money or as much money as possible??
 
#936
#936
whodeycin85 said:
The point is that as history has repeatedly shown mankind will do what is in their own best interest for themselves.....what's a healthy profit margin?? What is the point of running a business..is it just to make some money or as much money as possible??
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The point of running a business is to make as much money as possible BUT there's this thing called competition that tends to keep business in check.
 
#937
#937
hog88 said:
The point of running a business is to make as much money as possible BUT there's this thing called competition that tends to keep business in check.
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Correct...so if I move my business to a country and lower my labor cost to just 1% of my price point but not lowering my pp..therefore increasing my profit. I feel like your nitpicking the word greed...and can call if self interest or selfishness..but it's the same...there is no such thing as a altruistic business, even non profits work for profit and greed
 
#939
#939
LouderVol said:
thats certainly one example.

but in the case of the sweat shops taking workers out of a field, that isn't going to be a heavily developed area. less options to spend money.

i am also thinking of the O Brother Where Art Thou "Well ain't this a geographical oddity, two weeks from everywhere". Sometimes only Dapper Dan will do, and Dapper Dan may not be available everywhere.
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We are running over the same old ground. I understand your words. I don't understand the application of your words.

Let me summarize and maybe you can tell me where I am not understanding.

Mr Worker lives in a remote area. Mr Worker can labor in a field. Mr Worker can labor in a factory making cheap goods. Mr Worker is paid wages in both jobs. Mr Worker has few options to spend his earnings. Mr Worker would face this plight whether he works in the field or in the factory. If Mr Worker chooses to work in the factory because he judges it to be better work, how is Mr Worker harmed by working in that remote factory as opposed the remote field?
 
#941
#941
Orangeslice13 said:
We need employment here. We don’t need to sacrifice those needing work here for the benefit of those needing work elsewhere.

In very similar circumstances, I’d also like to stop giving money to countries all over the planet to fight wars and study the size of oranges in the desert
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This makes economic sense to me.

There is a dilemma...unemployment is very low. So, I assume you aren't wanting employment as much as you want a certain type of employment with a certain level of wages and benefits?
 
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#942
#942
Ashevolle said:
What hard data are you referring to (not a guy's tweet)? Every report I see suggests the opposite of what you're claiming.

Meanwhile defaults ballooning on most forms of consumer credit. Continued spending in the face of growing defaults is not a good thing and itself a manipulation of the data to make a feel good story out of a red flag.
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#943
#943
Orangeslice13 said:
You’re applying the freedoms you have here to countries who don’t share and/or allow those freedoms.
Also not our job to grant those rights/freedoms
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The whole discussion on my end is about people who have the ability to choose where and how they labor. And in that way, the narrow scope of freedoms we ( me and them) enjoy is sufficient for the conversation.
 
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#944
#944
The only predictable thing about Trump is that he acts to satisfy, maintain, and boost his own ego. No matter what.

Trump is aware of the criticism he's getting on tarrifs, even in supportive circles. The market is down precipitously since he went down this path.

And so, tomorrow I anticipate his tarrif announcement will be modest on one's being implemented right away. With threats of more down the road based on benchmarks. Designed to calm the markets and spur equities, all to quiet the criticism on CNBC and like places.

In other words, he'll back down to save face. Again.
 
#946
#946
lawgator1 said:
The only predictable thing about Trump is that he acts to satisfy, maintain, and boost his own ego. No matter what.

Trump is aware of the criticism he's getting on tarrifs, even in supportive circles. The market is down precipitously since he went down this path.

And so, tomorrow I anticipate his tarrif announcement will be modest on one's being implemented right away. With threats of more down the road based on benchmarks. Designed to calm the markets and spur equities, all to quiet the criticism on CNBC and like places.

In other words, he'll back down to save face. Again.
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😂
 
#949
#949
lawgator1 said:
The only predictable thing about Trump is that he acts to satisfy, maintain, and boost his own ego. No matter what.

Trump is aware of the criticism he's getting on tarrifs, even in supportive circles. The market is down precipitously since he went down this path.

And so, tomorrow I anticipate his tarrif announcement will be modest on one's being implemented right away. With threats of more down the road based on benchmarks. Designed to calm the markets and spur equities, all to quiet the criticism on CNBC and like places.

In other words, he'll back down to save face. Again.
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The market perceives the same.
SpaceCoastVol said:
😂
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So you don't take him seriously then except on some things? How do you determine what to take him seriously on and what not to? I want to how you make that discernment.
 
#950
#950
mrorange211 said:
The market perceives the same.

So you don't take him seriously then except on some things? How do you determine what to take him seriously on and what not to? I want to how you make that discernment.
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That's why I bought some 2x short term leverage the Dow. Trump will give them a sugar high for a bit tomorrow, to claim how brilliant and smart his plan is.
 
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