We've lost a great deal more of our manufacturing because of robots/efficiencies. That problem is going to get worse and "fair" trade ain't going to help 1 bit.
Serious question about the tariff thing
- Thread starter Snow Sled Baby
- Start date
We could sell the robots overseas. Charge user fees to rent 'em too. Who else can make robots like us? Problem solved.
Have you been watching this season of The X-Files? Last week's episode had to do with AI and robots, started out with Fox and Scully at a Sushi restaurant operated completely by "robots". Pretty funny ep.
The robots we make. :smiley:
We're going to reach that technological singularity before we know it.
Want to see what our future will be like? Watch Wall-E. Fat lazy humans that have machines do everything for them.
Oh it's here. But we will always have the intellectual property edge, the edge on software design and innovation, the edge on capital financing, and the edge on a viable market to sell to or buy from.
I'm a free trader but Trump is right to try and cut a better deal for us. We're getting ripped off right now. Time for us to dish some of it out too. If tarriffs work for our Foreign customers and their products why not have them work for our customers and our products?
What can be made overseas that we cant make here? Even cheaper if we're smart about it?
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Well other countries will have cheaper steel and aluminum materials, so.....everyone else.
Didn't realize I was coming off as such a nerd.
I don't think I've ever watched a second of X-Files. Now or then. Grateful they gave Vince Gilligan a start.
When American manufacturers and entrepreneurs are left to design and innovate without government restrictions interference or taxation no one can build better faster cheaper or more efficiently than we do.
Great! Let's do that then instead of tariffs that will drive manufacturing away from here.
We lead the world in aviation, aerospace, shipping logistics, manufacturing ergonomics, distribution systems, energy production, software design architecture, agriculture, pharmaceutical research, medical device technology, sciences, medicine, higher education, mining operations, military hardware, and intellectual property.
We can dominate our trading partners. However all we seek is ability to compete against them fairly. We can. We will.
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I'd be careful about using robots they might abort them first:stuck_out_tongue_winking_eye:
Coop loves trades deficits. Heard he once traded a Michael Jordan rookie card for a Carl Krauser.
I actually agree with you here. Overreaction by the dems. But I do think that the bigger issue is that not many people seem to think Trump knows what he is doing.
'cause leBush & owebamatraitor built TONS OF BUILDINGS...
lol...
h y p o c r i t e . . .
Hilliary lost, it's been nearly 400 days...
It is owned by shareholders who reap the profits of their usurious monopoly on the US money supply. Don't let the name fool you, or the fact that the President appoints the Chairman. All interest paid to them are funneled into the hands of a select few.
Ok, I’ve listened to you blather on enough about this. Time to just see how this shakes out. Me thinks we end up with better trade deals.
Coop is actually right about a lot of what's bad about tariffs and trade wars. I'm a free trader. But I agree with you at the end of the day, once Trump rearranges how the cards are stacked against us we'll end up with better deals and that's a win for America.
I hope Trump doesn't resort to an all out trade war because that benefits no one. However I am for him using whatever leverage we have through our superior position in the global world market to balance our trade deals more favorably for our economy.
The bottom line is leveling the playing field so we're not at such a disadvantage. We can compete with anyone otherwise.
I'd say the willingness to engage in trade wherever it's desired or needed exists. However by definition "trading" involves giving up something in exchange for something else of equal or greater benefit.
The key is receiving a benefit not getting screwed.
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Listen...me being on the Right, I obviously support Trump's efforts to try and rescue and hopefully revitalize our domestic manufacturing industry (steel and aluminum incl)
But the history of tariffs shows it is NOT the way to do this! Bottom line is a tariff is a tax. Taxes do not spur economic growth. Period! Trump is trying to help American workers and he should, but you do that by lowering taxes on them and the businesses that provide their jobs not by increasing them.
Again, I respect Trump's philosophy and policy objective to rescue American manufacturing. This is not the way. Excellent article on this by some highly respected economists who I read often. Highly recommended reading.
link
http://thehill.com/opinion/international/376539-trump-must-think-twice-about-tariffs
excerpt:
"even if tariffs save every one of the 140,000 or so steel jobs in America, it puts at risk five million manufacturing and related jobs in industries that use steel. In other words, steel and aluminum may win in the short term, but the steel and aluminum users and consumers lose."
and this excerpt:
"Trump should continue to make American producers more competitive in global markets through tax, regulatory, energy, and other pro-America policy changes that bring jobs and capital back to the United States. That is happening at a furious pace right now as Trump has made America almost overnight the best and most reliable place in the world to invest. Steel and aluminum import tariffs will work decisively against this goal."
But the history of tariffs shows it is NOT the way to do this! Bottom line is a tariff is a tax. Taxes do not spur economic growth. Period! Trump is trying to help American workers and he should, but you do that by lowering taxes on them and the businesses that provide their jobs not by increasing them.
Again, I respect Trump's philosophy and policy objective to rescue American manufacturing. This is not the way. Excellent article on this by some highly respected economists who I read often. Highly recommended reading.
link
http://thehill.com/opinion/international/376539-trump-must-think-twice-about-tariffs
excerpt:
"even if tariffs save every one of the 140,000 or so steel jobs in America, it puts at risk five million manufacturing and related jobs in industries that use steel. In other words, steel and aluminum may win in the short term, but the steel and aluminum users and consumers lose."
and this excerpt:
"Trump should continue to make American producers more competitive in global markets through tax, regulatory, energy, and other pro-America policy changes that bring jobs and capital back to the United States. That is happening at a furious pace right now as Trump has made America almost overnight the best and most reliable place in the world to invest. Steel and aluminum import tariffs will work decisively against this goal."
Not sure I agree with your source on this one. If you lower tafiffs on imports, there would probably economic growth, but that would be in the shipper country.
The effect of creating a steel industry should create an added group of wage earners who are going to spend. That would grow the economy. Would the industries that use steel as a raw product shrink. If steel is absolute raw product and there is demand for the finished product, I cannot see longterm reduction in those industries. Tariffs would prohibit imports from being cheaper than US products. If there is demand, and no substitutability, I would see a price increase for finished good, but there would be more customers from the steel industry.
I'm not sold on the argument they (tariffs) will work, but as I posted yesterday it's debatable if they do or don't work? I'm simply looking at their history, which is failure. Taxes do not create markets, or growth, or sustain industry. The problem we're dealing with now is America has been getting screwed for so long on tariffs and trade, we almost have to do something to stop the bleeding first.
I'm still not convinced long term tariffs and/or a trade War are the answer to our ailing industries and diminished manufacturing base. I do know lower taxes (for everyone) less Government interference in Free markets, and American manufacturers being able to compete globally on a level playing field are the ultimate long term answers.
I do not oppose Trump's efforts with targeted tariffs to try and even or level out that playing field though. I'm just not convinced yet that's the long term answer.
Were we ever in disagreement? I hope they (tariffs) do work. History is not their side though. We'll see.