Trade Wars and Tariffs

#2,254
#2,254
Velo Vol said:
There's some exaggeration here (i.e., one hour of actual work), but this is something to think about.

If we were totally reliant on things made in the U.S. (as some claim we should be), what would our standard of living actually be?

View attachment 733569
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USA actually works longer hours than most of the globe:

global.gibsonwatts.com

Working Hours Around the World: A Global Overview

The pandemic has challenged the status quo of work culture as we know it. Here's what the work-life balance looks like across the world now.
global.gibsonwatts.com global.gibsonwatts.com


Now keep in mind it matters on jobs. Actually small business owners and retailers work the most hours sometime. So Greece, which has a lot of small businesses and tourist jobs, actually one of the European nations that works the longest hours.

However, in the Corporate world, USA holds its own with anyone. For example, in nations like China, they literally don't let you take the Computer home unless you are an executive. Japan also encourages workers to stop working after 8-hours due to overtime laws in their nations that require companies to pay more. USA has no laws and people work 10-11 hours a day sometimes.
 
#2,255
#2,255
utvolpj said:
When you depend on your biggest rival for medicine and chips you need to be more than just a service economy. Not all manufacturers need to come back but some absolutely must return
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A national security issue?
 
#2,256
#2,256
CobbVol said:
Allowing millions of people to walk through their country on the way to the banks of the Rio Grande. Does that seem logical for an ally?
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No one cares about immigrants but racist. Immigrants are not taking jobs. I've not yet met a newly arrived immigrant that is doing research, accounting, surgery, or any other specialized job. I have met immigrants that build houses and cut grass and perform other services/jobs that American citizens won't do. Their work keeps the country running.
 
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#2,257
#2,257
McDad said:
LOL. We can't. He's still sharp as a tack even though his efforts are bad.
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What gives you the impression that he's sharp as a tack. Nothing that he's said or done scream.genius or intelligence. Maybe he's smarter than you, and that is scary.
 

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#2,258
#2,258
titansvolsfaninga said:
What gives you the impression that he's sharp as a tack. Nothing that he's said or done scream.genius or intelligence. Maybe he's smarter than you, and that is scary.
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If you don't understand the joke, it would be better to ask for explanation than to attack. One fosters dialogue. The other shuts it down.
 
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#2,260
#2,260
volbound1700 said:
USA actually works longer hours than most of the globe:

global.gibsonwatts.com

Working Hours Around the World: A Global Overview

The pandemic has challenged the status quo of work culture as we know it. Here's what the work-life balance looks like across the world now.
global.gibsonwatts.com global.gibsonwatts.com


Now keep in mind it matters on jobs. Actually small business owners and retailers work the most hours sometime. So Greece, which has a lot of small businesses and tourist jobs, actually one of the European nations that works the longest hours.

However, in the Corporate world, USA holds its own with anyone. For example, in nations like China, they literally don't let you take the Computer home unless you are an executive. Japan also encourages workers to stop working after 8-hours due to overtime laws in their nations that require companies to pay more. USA has no laws and people work 10-11 hours a day sometimes.
Click to expand...
That's an interesting take on China and Japan. You know we have labor laws regarding overtime, right?
 
#2,261
#2,261
EasternVol said:
That's an interesting take on China and Japan. You know we have labor laws regarding overtime, right?
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It varies on state by state but for Corporate jobs, you don't get overtime as they are salaried positions. I work more than 8 hours and I don't get extra for it.

Now with labor jobs, sure. I would say that from a manufacturing setup, the labor does only work 8-hours. Finding good labor will be a problem. The key with these tariffs is that I think they will save jobs from being lost versus giving us more jobs. However, the push with so many countries is problematic. Countries like Costa Rica should not have been hit. EU thing will get messy. EU fight is more about conservative vs liberal than anything.
 
#2,262
#2,262
titansvolsfaninga said:
No one cares about immigrants but racist. Immigrants are not taking jobs. I've not yet met a newly arrived immigrant that is doing research, accounting, surgery, or any other specialized job. I have met immigrants that build houses and cut grass and perform other services/jobs that American citizens won't do. Their work keeps the country running.
Click to expand...
Some years ago immigrants from Central America did take many building trade and unskilled jobs from the native born in the DC area. I don't see how that could have been the only place it happened.
 
#2,265
#2,265
utvolpj said:
When you depend on your biggest rival for medicine and chips you need to be more than just a service economy. Not all manufacturers need to come back but some absolutely must return
Click to expand...

We are more than a service economy. We manufacture 16% of the world's manufacturing output, second only to China.
 
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