Trump manages to anger another major ally

But you bring up a good point.
The population doubled, but productivity went up 4X.
That makes it pretty clear that from a business standpoint we didn't need to keep those people.

 

Yes, from a business standpoint it is always best to get rid of as much human labor as possible. And what you cannot get rid of here, because technology for whatever reason is not being used in these operations, you ship off to slave labor elsewhere.

Yet there is a downside to it, for the goal is to remove as much human labor as possible, including the service sector. Business, capitalism, becomes a cancer upon itself, by removing the source of income to buy what they now manufacture, using robots and AI.

I guess we are at some point have to think hard about what has more importance. Productivity and profits for a few, or an economic means for the rest of the people to survive by having an income. A job. And since all worker activity is involved in providing what is consumed in goods and services, there is nothing outside of this equation that provides jobs and income.

It looks like what is the best for business, ends up in the end, being what is the worst for capitalism. Ironic. Cosmic level irony. Of course this was talked about long ago over in England, although I forget the name of the group. But it was a long way off so no one cared. It is right over the hill as we speak, and yet no one cares.

 

I think it is just manufacturing not services. But your point is well taken. I was reminded of a recent dinner at Olive Garden. A little gadget sits on the table and replaces the wait person for everything except bringing the food.
We need to think about our way forward in the future because jobs are going to get more scarce in all sectors.
PS.
If you click on the picture it will take you to the article.

 

" The last 25 years the United States has run $ 12 Trillion
in trade deficits with China,with Japan with Canada,Mexico
European trade unions.And that has been a vast hemmoraging
of factories,of jobs,of plants,of Investment of technology
Abroad "

We have the largest economy in the world, nearly twice that of our nearest competitor, China. We have full employment. "Trade deficit" is a misnomer. We receive goods in that trade, goods that contribute to the powerful vibrant American economy.

So, tell me, what seems to be the problem?

"We see who has the most importance here, and it ain't america and her 300 mil plus average americans." Aw, jeez, that's funny. Why don't you quit your bitching and smell the roses.

 

This is what happens when a country uses tariffs as a negotiating tool. This is what happens when a country uses threats against friends. They lose the friends.

Germany holds little hope that the EU will be granted a further exemption from US metals tariffs beyond a May 1 deadline. Trump has demanded concessions in the auto industry to drop the tariffs. It is not just the EU that will be impacted by Trump's tariffs. Canada, Mexico, Australia, Argentina, South Korea, Brazil will also be affected.

The EU's top trade official has warned, however, that the 28-nation bloc would not enter talks on easing commercial tension until Washington dropped any threat to hit Europe with punitive measures.

In April, EU Trade Commissioner Cecilia Malmstrom said she had "not started to negotiate anything" with the US and would not do so until an "unconditional and permanent" exemption to the tariffs was granted.

"We are under no circumstances negotiating anything under pressure, under threat," she said.

Trump's decision has exasperated Brussels, which has threatened retaliation if Europe is hit by the measures, and is preparing to challenge them at the World Trade Organization (WTO).

http://www.dw.com/en/germany-expects-us-metals-tariffs-to-come-into-force-may-1/a-43545105

It is quite likely, because Trump is isolating the U.S., that the other nations will react similarly. Trump seems bent on destroying the relationship with all of our friends.

The only ones supporting him are America's enemies and anarchists with high minded thoughts they read in a book somewhere.

 

Here is what I find interesting. Do you know who is not talking about Trump's tariffs? Trump, that is who. Neither is the White House. Neither are his economic advisors. The looming May 1 deadline is fast approaching and it is all a big, dark secret as far as the administration is concerned.

Before a joint session of Congress, French President Macron just ripped Trump a new one regarding the tariffs. Germany's Angela Merkel will be in town Friday to tell Trump the same thing.

EU Trade Commissioner Cecilia Malmstrom said she had "not started to negotiate anything" with the US and would not do so until an "unconditional and permanent" exemption to the tariffs was granted.

"We are under no circumstances negotiating anything under pressure, under threat," she said.

No doubt the leaders of Canada, Mexico, Australia, Argentina, South Korea, Brazil will have a similar message.

Trump's own party, economists, S&P 500 companies, Wall Street traders are telling Trump to forget the tariffs. The tariffs could cause him to lose part of his constituency, farmers.

Through it all Trump is saying nothing. He is not even trying to justify the tariffs. That is a sure sign of a weak President. He cannot even support his own policy.

 

In the '70's, '80's, and early '90's we had relatively high unemployment. Today, we have what is regarded by economists as full employment due to technology. There is a lag, to be sure, but ultimately tech creates jobs, not destroys them. Somebody has to make that device that was sitting on that table at Olive Garden.

 

I'd like to think that, but the little gadget will go to work for lets say 5 years without a raise or even a paycheck. But your right it probably took a couple hours of labor to build it and a few months of design time.

 

The point I was pushing is that even the low skill jobs are being replaced by tech.
I think we will see truck drivers replaced by self driving trucks fairly soon. Maybe with truckers to take them thru the cities.

 

For more on the trade deficit and how it affects us, please check out this article.

http://politicalforum.com/index.php?threads/trade-deficit-is-a-misnomer.531537/

 

You see it as trump angering the japanese

I see it as the japanese angering the American people

 

Possibly, but I am looking at the very serious problems that are going to be created by Trump's tariffs. With a deadline of May 1, that is a far more immediate problem.

 

This is a far more serious problem than just Japan.

This is what happens when a country uses tariffs as a negotiating tool. This is what happens when a country uses threats against friends. They lose the friends.

Germany holds little hope that the EU will be granted a further exemption from US metals tariffs beyond a May 1 deadline. Trump has demanded concessions in the auto industry to drop the tariffs. It is not just the EU that will be impacted by Trump's tariffs. Canada, Mexico, Australia, Argentina, South Korea, Brazil will also be affected.

The EU's top trade official has warned, however, that the 28-nation bloc would not enter talks on easing commercial tension until Washington dropped any threat to hit Europe with punitive measures.

In April, EU Trade Commissioner Cecilia Malmstrom said she had "not started to negotiate anything" with the US and would not do so until an "unconditional and permanent" exemption to the tariffs was granted.

"We are under no circumstances negotiating anything under pressure, under threat," she said.

Trump's decision has exasperated Brussels, which has threatened retaliation if Europe is hit by the measures, and is preparing to challenge them at the World Trade Organization (WTO).

http://www.dw.com/en/germany-expects-us-metals-tariffs-to-come-into-force-may-1/a-43545105

It is quite likely, because Trump is isolating the U.S., that the other nations will react similarly. Trump seems bent on destroying the relationship with all of our friends.

 

Every country in the world imposes tariffs

But countries like china have more tariffs or import restrictions on our stuff than we have on theirs

Everyone sees America as a rich fatted calf to be taken advantage of

 

Here is what I find interesting. Do you know who is not talking about Trump's tariffs? Trump, that's who.

Trump's own party, economists, S&P 500 companies, Wall Street traders are telling Trump to forget the tariffs. The tariffs could cause him to lose part of his constituency, farmers.

Through it all Trump is saying nothing. He is not even trying to justify the tariffs. That is a sure sign of a weak President. He cannot even support his own policy.

How about you? Let's cut through the bull. Do you support his steel and aluminum tariffs is about to impose on our friendly trading partners, the EU, Canada, Mexico, Australia, Argentina, and Brazil on May 1?

 

The global economy is bad for America

We are losing our blue collar middle class

The world has a cushy arraingement with America thanks to bad trade policy by previous American leaders and naturally they want to hold onto their gains at our expense

 

Do you support his steel and aluminum tariffs is about to impose on our friendly trading partners, the EU, Canada, Mexico, Australia, Argentina, and Brazil on May 1?

 

Yeah, let's go back to the '70's and '80's. Things were really great then. That is how Trump and his fans think.

A new study on future global competitiveness, by Deloitte Global and the U.S. Council on Competitiveness, predicts that the U.S. will dislodge China as the most competitive manufacturing nation in the world in 2020. http://www.industryweek.com/competitiveness/top-10-manufacturing-countries-2020

That is if Trump doesn't screw it up. He seems determined to destroy our trading relationships with his tariffs.

With an index of 100, China is No. 1 in manufacturing. The U.S. is No. 2 with an index of 99.5. https://www.google.com/imgres?imgur...hUKEwj91teWodnaAhVYHGMKHamXBdwQ9QEwAHoECAAQLg

Now what was it you were saying about blue collar workers?

 

All the doublfe-talk from your link aside, a $350 billion annual trade deficit with china based entirely on manufacturing does not show any competative advantage for America

And considering our lousy liberal education system I dont think we will remain no 1 in intellectual property for long either

 

When your news only comes from that source, what do you expect.