The Trump Effect

#379
#379
jmacvols1 said:
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At what cost?

There is a trade off here. For decades we have increasingly outsourced manufacturing of goods overseas because they can do it cheaper. By increasing the costs of imported goods via tariffs, yes, that creates an opportunity for an American manufacturer to fill the gap. Great.

But the downside is the cost of that product goes up for the consumer here at home.

To build the widget here at home costs $6. To build it in China or Indonesia costs $2. So we import it. The widget costs the American consumer less.

Tariff it to the point it costs $10 to bring it in from China. So sure, the American plant comes back in and does it for $6. Good for the manufacturing business interest.

But now the American consumer pays $6 for the widget he was paying $2 for a few months ago.
 
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#381
#381
lawgator1 said:
At what cost?

There is a trade off here. For decades we have increasingly outsourced manufacturing of goods overseas because they can do it cheaper. By increasing the costs of imported goods via tariffs, yes, that creates an opportunity for an American manufacturer to fill the gap. Great.

But the downside is the cost of that product goes up for the consumer here at home.

To build the widget here at home costs $6. To build it in China or Indonesia costs $2. So we import it. The widget costs the American consumer less.

Tariff it to the point it costs $10 to bring it in from China. So sure, the American plant comes back in and does it for $6. Good for the manufacturing business interest.

But now the American consumer pays $6 for the widget he was paying $2 for a few months ago.
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you over estimate the increased costs:

A 50% tariff on aluminum would increase the cost of producing a soda can by approximately one-sixth of a penny. This minimal impact is due to several factors. Aluminum is a relatively small portion of the overall production cost for a can of soda, and large beverage companies like Coca-Cola have significant profit margins that can absorb such increases. Additionally, companies can mitigate costs by shifting to alternative packaging like plastic bottles or relying on domestic or recycled aluminum sources, which are less affected by tariffs. For context, over 70% of aluminum in U.S. beverage cans comes from recycled content, further insulating manufacturers from import tariff effects. However, while the per-can cost increase is small, high-volume producers could still face millions in additional costs annually, though this is unlikely to significantly raise consumer prices

A 50% tariff on aluminum would likely have a more significant impact on car parts production costs than on soda cans, but the per-unit cost increase may still be relatively modest, potentially in the range of pennies to a few dollars depending on the part. Aluminum is a key material in automotive manufacturing, used in components like engine blocks, wheels, and body panels. A typical car contains about 400-500 pounds of aluminum, and with a 50% tariff on imported aluminum, costs could rise notably for manufacturers reliant on foreign supplies. For context, a 25% tariff was estimated to increase vehicle production costs by up to $1,500 per vehicle, so a 50% tariff could push this higher, though not proportionally due to domestic sourcing and recycling (about 40% of U.S. aluminum is recycled).

However, manufacturers may absorb some costs or shift to domestic aluminum, which could limit the impact to a few cents per smaller part (e.g., brackets or trim) or a few dollars for larger components (e.g., wheels). Supply chain adjustments, like those noted by Orange Aluminum for domestic sourcing, could further mitigate cost increases. Still, the exact impact depends on the part’s aluminum content and the manufacturer’s supply chain. - GROK
 
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#382
#382
hog88 said:
Yeah I don’t think he can do that.
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Trump, in an attempt to stop outsourcing, can kill Fed gov't contracts to IT companies that outsource to India.

This is something AI might eventually over anyway...



AI has the capability to handle call center functions, such as answering customer inquiries, troubleshooting, and providing support, through advanced natural language processing and voice recognition technologies. Systems like AI-powered virtual assistants or chatbots can automate many tasks traditionally performed by call center employees, potentially reducing the need for outsourcing to countries like India, where such services have been cost-effective. For example, AI can manage high call volumes, offer 24/7 availability, and provide consistent responses, which could make domestic AI solutions more appealing to companies. - GROK
 
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#386
#386
FLVOL_79 said:
Wait..so jobs are down hundreds of thousands but the poster things if you add in the federal jobs removed and illegals who were filling job positions (people still without jobs) that somehow 600,000 were gained? Public school 2+2=Chair logic right there.
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Trump math.

Bend basic math rules to show undying devotion...
 
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#387
#387
jmacvols1 said:
Trump, in an attempt to stop outsourcing, can kill Fed gov't contracts to IT companies that outsource to India.

This is something AI might eventually over anyway...



AI has the capability to handle call center functions, such as answering customer inquiries, troubleshooting, and providing support, through advanced natural language processing and voice recognition technologies. Systems like AI-powered virtual assistants or chatbots can automate many tasks traditionally performed by call center employees, potentially reducing the need for outsourcing to countries like India, where such services have been cost-effective. For example, AI can manage high call volumes, offer 24/7 availability, and provide consistent responses, which could make domestic AI solutions more appealing to companies. - GROK
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Pretty much nonexistent already.
 
#390
#390
FLVOL_79 said:
Wait..so jobs are down hundreds of thousands but the poster things if you add in the federal jobs removed and illegals who were filling job positions (people still without jobs) that somehow 600,000 were gained? Public school 2+2=Chair logic right there.
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it's called Economics and leftist media is constantly spinning the numbers because they know gullable people will believe their spin. The rising stock market knows the leftist media is spinning numbers.
 
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#391
#391
FLVOL_79 said:
Wait..so jobs are down hundreds of thousands but the poster things if you add in the federal jobs removed and illegals who were filling job positions (people still without jobs) that somehow 600,000 were gained? Public school 2+2=Chair logic right there.
Click to expand...
I think he's saying that not counting the DOGE job cuts lessens the net losses.
I don't know what he's saying about deportations. The deportees' jobs are still there, if they had jobs that is.
It's a hack MAGA account so they'll try to spin it in Trump's favor.
 
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#392
#392
BigOrangeMojo said:
Trump math.

Bend basic math rules to show undying devotion...
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St. Onge pointed out there was like 100k gov't jobs Trump got rid of along with over 1.25 million forced or self deported illegals. There was like 1.25 million foreign workers that are now gone but the number shows only 600,000 jobs lost. It means if you lose 1.25 million foreign workers but lose only 600,000 employed persons then that is a 600,000 jobs gains for American born workers. It means the private sector was able to backfill 600,000 of those 1,25 million foreigners who left thereby adding 600,000 for legal born Americans. As St Onge said, it's a loss in population (-1.25 million illegals) but not a loss in jobs for American born workers (+600,000).

It shows there was too many gov't workers and too many illegals in the country.

This is good news for AMERICAN BORN workers, not for gov't workers or illegals.
 
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#393
#393
FLVOL_79 said:
Wait..so jobs are down hundreds of thousands but the poster things if you add in the federal jobs removed and illegals who were filling job positions (people still without jobs) that somehow 600,000 were gained? Public school 2+2=Chair logic right there.
Click to expand...
We are in the transition from this ...

www.foxbusiness.com

Jobs report is a boom for migrants, slump for Americans

The new August jobs report shows the number of U.S.-born workers fell over the last 12 months, while foreign-born workers made massive gains.
www.foxbusiness.com www.foxbusiness.com

... to this

www.foxbusiness.com

US-born workers see job gains as foreign-born employment declines, Labor Department data shows

The Labor Department's August jobs report revealed immigrant worker employment declined by 822,000 since last year while U.S.-born worker employment rose by 2.76 million.
www.foxbusiness.com www.foxbusiness.com

Couple in reducing the size of the Federal government with reductions in employment there as well. Of course, this number will get higher as the buyouts get finalized.
 
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#394
#394
CobbVol said:
We are in the transition from this ...

www.foxbusiness.com

Jobs report is a boom for migrants, slump for Americans

The new August jobs report shows the number of U.S.-born workers fell over the last 12 months, while foreign-born workers made massive gains.
www.foxbusiness.com www.foxbusiness.com

... to this

www.foxbusiness.com

US-born workers see job gains as foreign-born employment declines, Labor Department data shows

The Labor Department's August jobs report revealed immigrant worker employment declined by 822,000 since last year while U.S.-born worker employment rose by 2.76 million.
www.foxbusiness.com www.foxbusiness.com

Couple in reducing the size of the Federal government with reductions in employment there as well. Of course, this number will get higher as the buyouts get finalized.
Click to expand...
Yes, the jobs number is bad if you are an illegal or gov't worker but the job number is good if you are a legal, natural born American worker..

if too late Powell cuts rates significantly, then the +600,000 for American born workers will grow into the millions as St Onge predicted.

Leftist media is trying to spin the 600,000 as bad when it is actually good when looking under the hood at the numbers
 
#395
#395
CobbVol said:
We are in the transition from this ...

www.foxbusiness.com

Jobs report is a boom for migrants, slump for Americans

The new August jobs report shows the number of U.S.-born workers fell over the last 12 months, while foreign-born workers made massive gains.
www.foxbusiness.com www.foxbusiness.com

... to this

www.foxbusiness.com

US-born workers see job gains as foreign-born employment declines, Labor Department data shows

The Labor Department's August jobs report revealed immigrant worker employment declined by 822,000 since last year while U.S.-born worker employment rose by 2.76 million.
www.foxbusiness.com www.foxbusiness.com

Couple in reducing the size of the Federal government with reductions in employment there as well. Of course, this number will get higher as the buyouts get finalized.
Click to expand...
As we say in Tennessee, bless your heart and the fuzzy Ringling brothers circus math..
 
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