Unions praise Trump on steel tariffs

I tend to agree that the left is alienating working class america which is one of the reasons Trump was elected but they won't learn from this and are in fact doubling down in their divide and conquer strategy. They have decided there's more votes to be gained by siding with illegals and recipients of government programs and have thrown the working class under the bus. In fact they are doing everything they can to make more in the working class lose their jobs and become dependent on government thus increasing their chosen voter base numbers and reducing the opposition.

 

Two problems with that analogy

1. China is a second world country, their overall living status is much lower than the US's. They have made improvements, but they are improving from a much lower point than where the US stands. To suggest that trading places with China would be an improvement for the US and not a downgrade is laughable.

2. China has not improved their economy by adding more restrictions to their economy, but rather by moving in the direction of a more free market economy. They've cut their tariffs by more than 80% just within my lifetime, to say that more market restrictions is the reason for their improvements they have made stands in contrast to reality. They haven't improved by adding more market reactions, they've improved by getting rid of their market restrictions, and as they continue to remove their market restrictions, their economy will continue to improve

 

It's a death spiral that has been seen throughout history. Slippery slopes, and short sidedness seem to be objectives that are hard to understand.

 

And this morning Trump states that the tariffs remain until NAFTA is renegotiated.

 

I never suggested trading places with China. You asked for an example of a controlled economy doing better than ours and I gave it to you. Now in post after post you try to put words in my mouth I never said which is the standard liberal tactic when they are losing a debate. If you want to argue that I'm wrong and that China has not taken business and entire industries from us over the last decades make your case.

 

Interesting I hadn't seen that. I usually go to my news sites before I come here but didn't this morning. That'll teach me.

 

Your post certainly suggested that trading economies with China would be an improvement for the US. After all, I did ask for an example of an economic system that has worked better than ours, and you doltishly used China as an example. Fail

 

Your post certainly suggest you can't deny that China's controlled economy has been taking our jobs and entire industries at an alarming rate. Fail

 

Why are you trying to discuss whether China has been competitive in creating jobs? I asked for an economic system that has worked better than ours. China is not an example of an economy that is better than the US's economy. Now I will grant you that China's economy has been improving, but they haven't improved through market restrictions, but rather by removing their market restrictions.

 

China has been taking our jobs and entire industries. What part of that can you not comprehend?

 

Once again, their economy has without question been competitive in creating jobs, but China is not an example of an economy that has worked better than the US's. What part of that can you not comprehend?

I asked for an example of an economic system that has worked better than the US's, can you name one or not?

 

China has been taking our jobs and our industries and we have a rust belt now instead of those industries. I'd say china is winning the economic war on us.

 

That's because Trump is a New York Democrat.

 

Except China's economic status is much lower than ours. They manufacture our t-shirts, and we manufacture their airplanes. To say they are in a better economic position than us is absurd.

 

Lower revenue, increase spending, and slow the overall economy. The Republican way.

 

I never did say that so your post is absurd.

 

At least they have lower taxes to offset those decreased profits.

 

Right... you only said they're winning the economic war on us... clearly you did not mean to suggest that they are in a better economic position than us. How absurd

 

Cool, an adult who believes in the Easter Bunny... This is a first.

 

Yes it's absurd for you to think I meant they are in a better economic position based on the fact that they are winning the economic war with us. Americans on average as of now have a much better standard of living but based strictly on numbers we are getting our asses kicked by China.

Who Has the World's No. 1 Economy? Not the U.S.

By the most measures, China has passed the U.S. and is pulling away.
https://www.bloomberg.com/view/articles/2017-10-18/who-has-the-world-s-no-1-economy-not-the-u-s

 

Apparently this thread is full of them. Who knew?

 

Sure, if you want to compare overall GDP vs Purchasing Power Parity without accommodating for median wealth, China would be in a better position, but to say they are in a better economic position based solely on number is disingenuous. Basically you're emphasizing on the cost of a Big Mac in relation to overall GDP size (an actual analogy from the article) without accommodating for the average citizens' ability to earn the funds required to purchase said Big Mac.

That's some serious rational gymnastics to say that China is in a better economic position than the US, while simultaneously denying that you're saying they are in a better economic position than the US. Also note that when you measure economic status based on GDP per capita (the most common method of measuring an economy) China and the US are not in the same ballpark.





https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html

 

They have 4X the population we have. At some point they were going to pull away.
As they become more industrial and technical and raise their standard of living. Even if they only traded within their borders, they'd be near the top.

 

Damn Straight. TRUMP NAFTA is going to be a hell of a lot better than Bush/Clinton NAFTA where American Workers got screwed.

In many ways, Trump is the road not taken with Perot.

In Mexico, Trump’s trade agenda moves forward
This week’s trade news may have been dominated by Trump’s threatening tariff Thunder on steel and aluminum imports, and his positive tweeting about wiping the floor with trade cheaters, but his administration also made a few other important trade announcements that could have far-reaching implications on the U.S. economy.

In Mexico City this week, the U.S., Mexico and Canada continued to negotiate reforms to the North American Free Trade Agreement, a slow process that continues to hit roadblocks, particularly on how much of a car needs to be made in North America to qualify for preferential tariffs. U.S. Trade Representative Robert "Make My Day!" Lighthizer also refused to budge from his position on eliminating NAFTA’s controversial provision for settling investor-state disputes, raising fears in the crony business community that a policy that industry generally likes is unlikely to be included in a renegotiated NAFTA deal.

On Tuesday, the Commerce Department issued final duties on aluminum foil imports for China, designed to offset what unfair subsidies from the Chinese government, but sucking them back out with reciprocal taxes. On Wednesday, the Office of the USTR revealed in its 359-page annual trade agenda that it would seek a three-year renewal of the “trade promotion authority” that Congress granted to Obama in 2015, which lets the White House negotiate trade deals and restricts Congress to an up-or-down vote on the resulting agreements.