Trump threatens tariffs on all $500 billion of Chinese imports

Read VZ history over the past 80 years.

 

So that is a "No, Baff, I haven't looked at the figures for wealth inequality in Venezuela".

Understood.

Probably the last few decades will give you enough figures to see any connection between wealth gap and national wealth.
The pronounced changes in national wealth recently should be enough for you to see any corresponding changes in wealth gap.

If you can be bothered to find reliable figures for all of the last 80 years, more power to you. But I don't think you will have to go that far back to find a corresponding relationship myself.

 

China and NAFTA are major contributing factors

In the “bad” old days that liberals hate American companies made products in America using American workers

And wealth was more evenly distributed

 

I think it's good for the US. The disappearance of cheap Chinese products can stimulate the American manufacturer. And these are new real jobs. Not dog hairdressers, bartenders and lawyers, but real jobs. The construction of new factories and everything else that makes the country really strong.

Example. After the introduction of sanctions against Russia and the fall of the ruble, in Russia, in a literal sense, the boom of domestic production. Imported goods became more expensive and it became profitable to produce in Russia. For example, agriculture - Russia is now the number 1 in the world for grain exports. The same is true in other sectors of the economy.

Americans make very good goods. But liberal idiots and globalists are destroying the real sector of the American economy, allowing cheap goods from China to the American market. The same thing happened in Russia.

If I were an American, I would support Trump in this endeavor.

Of course, Americans should know that cheap goods from China will disappear for a short time, but replacement with American products will occur quickly. This I say, based on the experience of Russia. As a result, the benefits will be large. Of course for ordinary Americans. Bad only for transnational corporations.

 

Think my man....

The reason China makes them products is because the US is unable to make them as cheap.
And now due to the tariffs, you can indeed say American manufacturers can make "cheaper"... but will be expensive non the less.

And so, who is going to pay that price, ey?
Freaking Joe the plumber is going to need a massive raise to be able to afford a simple t-shirt.

 

I sort of think that American plumbers could afford to buy T-shirts before cheap Chinese imports. So it makes sense they will be able to after they have gone.

I get your point. I really do.
It's a strong argument.

But we live in a democracy. From time to time we have to change who rules.
Let the otherside of the argument win.

And it isn't your turn.
They tried it your way and a lot of Freaking Joe the manufacturers lost their jobs and now can't afford so many T-shirts because they are working at Walmart.
So now power has exchanged hands and it is time for Freaking Joe the plumber to have his downturn instead.

 

If they save you $6,000 you are not in the middle class.

 

Chill.. Trump is just having another tantrum.

 

Congress needs to man up and remind him that tariffs are their constitutional authority, not his.

 

What donald always does? Declare bankrupt and try and get money out of its friend/handler russia?

 

First of all, you seem to think these products can only be made in China or the US. Try again, there are dozens of cheap labor markets that would love to snap up this business, many at lower labor costs. I will guarantee you that Wal-Mart and the other big importers from China are already lining up alternative places to get their products.

Second, very little of what is imported from China is of critical need. If those trinkets produced in China get too expensive, consumers won't buy them. On the other hand, what China gets from us (food) is of critical need. Once you get used to eating it is hard to change.

 

Agreed. US imports are primarily luxuries in nature and even then other sources can be found for them.
Other sources of people with high dispensable incomes however are comparatively rare. It's a buyers market.

 

I don’t care much about wealth distribution as long as I am payed well for my labor. A working public is not committing crimes or drawing welfare. That’s a plus.

 

All you are doing then is buying from an alternative cheap source so that will do nothing to help the internal US employment/economic figures. With the obvious flaw being that the alternative source will be more expensive than if bought from China. So there are two losers and one winner in your scenario

 

I do not believe it's that long yet ... but I wish the American consumer a lot of fun with his next purchases and the American companies and farmers a lot of fun with their record in 2018 and afterwards!

 

omg stop blaming other for ppls own failure. The income gap is due to the fact that ppl has low skill, can't adapt to the situation, but still want get pay $50/hr in manufactures. Me, and ppl I know doing well in current US economy, unemployment rate is lowest ever. Its like blaming fast food because your fat, well stop eating junk food. I see ppl point finger at others, but never point at themselves.

 

Low skill is a fact of life

There will never be a real Lake Wobegon where everyone is above average

Humans are stratified by talent, intelligence and ambition

America figured out how to employ and reward average people better than any other nation

 

yes so is homeless, there will always be ppl like that in any society. Then its upto govt. to train them so they can get a decent skill set for other jobs. Don't think govt is doing a good job with that.

so you are saying they are always be poor ppl no matter what, so that's not NFTA fault is it? since its related to skillset. world is changing, if their skillset is outdated, then adapt to newer skill set, its not easy that's why ppl who adapt to it make more and has jobs.

 

The liberal public schools are a disgrace

But if think everyone will be world class designers or managers while the chinese and mexicans do all the dirty work for us you are in for a big disappointment

 

We have pretty much full employment, don't we?
How much stuff so you see in Walmart that we should replace the current jobs with.
It's not like China stole our truck driving jobs or our doctors and nurses.
Maybe a few car parts are the only ones I can think of.
I see no advantage to making $100 Barbie dresses in the US.

 

I think you nailed it.
I always think back to the lady Trump was talking to when he went thru Carrier. She had probably been putting that same screw in the same part for 20 years and making $30 an hour doing it. Once the first air conditioner company went to Mexico her time card was destined to come out of the rack.

 

I don't think its left or right, so many Asian-American doing better than other ethnic group, despite going to the same school. its the parenting. I spend hrs and hrs each week, to help my kids learning math etc etc. If parent put their kids education in 1st place, they wont grow up to be less competitive. If they don't have good parent when they were young, then its upto them if they want to change their life by study/learn new skills that help them succeed. That's where govt should step in and help those American who want to learn/adapt to the ever changing global environment. we spend $1T in military etc, put some those $$ into training worker with new skills.

there are plenty who are lazy don't want learn new things, so they stuck in their life, then there are those whos willing spend time/effort to learn new things and got hired by company who need those skills, which are you.

 

Germany and pretty much evry other western european country does that far better. Canada, New Zealand and Australia as well.

 

Yes, if you dont count lazy obama voters on welfare

In reality though we need to deport illegals and throw able bodied Americans off the dole

 

For the most part lousy parents are products of the lousy public schools themselves

Whereas many asian parents are immigrants who never attended US public schools