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CampeadorBut I'll address this, since it pertains to China.
China will engage in a small scale trade war out of fear, but any kind of significant change in their exports to the U.S. will collapse the Chinese economy. That money that Americans were spending on Chinese goods will be used to purchase other imports or domestic products. Your CBO study was published in 2000, and since then the trade deficit has rapidly increased each year (except 2009).
Also, more evidence that your assumptions, as per usual, are completely wrong. The Chinese are still devaluing their currency, despite your recommendations on what was in their "best interest", just goes to show how incompetent these people are at the IMF and all these other globalist institutions. Go ahead and explain this if you can.
Small scale? The Chinese may not be able to "hit" the US as hard as the US can "hit" China with tariffs, but they can hit us strategically. They can hit the big corporations like Boeing and other American auto/plane manufacturing companies and the little farmers who depend on exports to China. Or, if they really want to, because they are slowly shifting away from those cheap goods you believe they depend on, they can hit us in the supply chain which would wreck havoc upon US goods since we do not have the ability to make them ourselves. The American people won't settle for higher prices, the Chinese people don't have a choice. Remember our debate over tires? Yeah, that'd happen again, except on a larger scale.
The whole point of the TPP was to prevent the Chinese from being able to control the Pacific trade zone, which, if we do enact tariffs, will become the new area for Chinese exports.
milk_manWhy isn't it sustainable to give them tax breaks on stay in the US? It is sustainable, to a point.
Because the majority of jobs lost isn't from offshoring. It's from automatization. (1) What this message is sending to corporations is you can just threaten to send jobs overseas and get a tax cut. Meanwhile they're still going to cut jobs because a machine is cheaper than a human. Instead of focusing on unskilled jobs, we should be investing in education to create a smarter, better work force for future growth industries like IT, and other industries which are yet to reach their peak. Yeah it sucks jobs are lost, but shouldn't a president be focussed on creating jobs? Like Obama creating 16 million jobs. (2) And as far as sustainability goes, I was under the impresion he was actually giving a seven million subsidy to the company. So I was wrong on that behalf. But even still, how many times do we need to cut the corproate tax rate before it gets to 2% of something like that because Trump wants to "save jobs".
.MASSHOLE.Small scale? The Chinese may not be able to "hit" the US as hard as the US can "hit" China with tariffs, but they can hit us strategically. They can hit the big corporations like Boeing and other American auto/plane manufacturing companies and the little farmers who depend on exports to China. Or, if they really want to, because they are slowly shifting away from those cheap goods you believe they depend on, they can hit us in the supply chain which would wreck havoc upon US goods since we do not have the ability to make them ourselves. The American people won't settle for higher prices, the Chinese people don't have a choice. Remember our debate over tires? Yeah, that'd happen again, except on a larger scale.
The whole point of the TPP was to prevent the Chinese from being able to control the Pacific trade zone, which, if we do enact tariffs, will become the new area for Chinese exports.
What should speak out to you most there is the evidence that the Chinese government is actively selling dollars to prop up the yuan.
I don't care just about China, it is the global economy. FDI will fall if the there is a trade war or if our economy becomes unpredictable/unstable.
It is common sense that investors avoid instability.
More globalist bullshit.
China already puts massive tariffs on U.S. autos, therefore the Chinese can only afford to buy domestically produced autos (unless they're part of the Red Aristocracy).
China's Boeing planes will soon be (largely) manufactured in China. Again, you're clueless. The people that benefit from this are mainly the U.S. execs and the Chinese. If the deal falls through, so be it, but I highly doubt the Chinese will decommission a plant that they largely financed.
Again, you fail to realize that China cannot just end exports to the United States, even if they wanted to, their economy is entirely dependent on it. The TPP has nothing to do with preventing the Chinese control of the Pacific trade zone. It has everything to do with establishing yet another unaccountable international bureaucracy that seeks to impose its will across national borders (but I understand you have a certain amount of affection for these globalist overseers).
The Chinese are not exactly going to ramp up their exports of labor intensive goods to southeast Asia, since southeast Asia largely exports the same products, especially as it relates to textiles. The more expensive products will be out of reach, and I highly doubt any of those countries will replace U.S. agricultural products with Chinese ones (unless they enjoy being poisoned). Vice versa, China will not import Southeast Asian products that they already export either.
Your predictions, again, are based on nothing but your own baseless speculation. You should maybe take a break from playing psychic, you're starting to look like your spiritual guide, Nate Silver.
Chinese offloading of debt has little to do with any real desire to strengthen the yuan, it's more a sign of their struggling, export dependent economy and their level of debt.
The fact that they can be offloading and still have devaluation is a sign that they are still actively working to reduce the value of the yuan. As you would say, isn't it common sense that the yuan would rise against the dollar with the offloading of so much debt?
China already puts massive tariffs on U.S. autos, therefore the Chinese can only afford to buy domestically produced autos (unless they're part of the Red Aristocracy).
China's Boeing planes will soon be (largely) manufactured in China. Again, you're clueless. The people that benefit from this are mainly the U.S. execs and the Chinese. If the deal falls through, so be it, but I highly doubt the Chinese will decommission a plant that they largely financed.
Again, you fail to realize that China cannot just end exports to the United States, even if they wanted to, their economy is entirely dependent on it. The TPP has nothing to do with preventing the Chinese control of the Pacific trade zone. It has everything to do with establishing yet another unaccountable international bureaucracy that seeks to impose its will across national borders (but I understand you have a certain amount of affection for these globalist overseers).
The Chinese are not exactly going to ramp up their exports of labor intensive goods to southeast Asia, since southeast Asia largely exports the same products, especially as it relates to textiles. The more expensive products will be out of reach, and I highly doubt any of those countries will replace U.S. agricultural products with Chinese ones (unless they enjoy being poisoned). Vice versa, China will not import Southeast Asian products that they already export either.
Your predictions, again, are based on nothing but your own baseless speculation. You should maybe take a break from playing psychic, you're starting to look like your spiritual guide, Nate Silver.
Chinese offloading of debt has little to do with any real desire to strengthen the yuan, it's more a sign of their struggling, export dependent economy and their level of debt.
The fact that they can be offloading and still have devaluation is a sign that they are still actively working to reduce the value of the yuan. As you would say, isn't it common sense that the yuan would rise against the dollar with the offloading of so much debt?
Do you think before you speak? Clearly not.
1. Those "massive" tariffs were brought on by that steel tariff enacted by Obama, and frankly, didn't have much of an impact. Also, it is apparently over. Note in that article how they discuss the supply chain importance. Yeah, US isn't capable of making those parts, nor will they be.
2. You realize if Boeing doesn't export jobs to other countries it misses out on opportunities and loses market share to its competitors, thereby hitting the top and bottom lines causing stock prices to fall, investors to flee, and the company to have to cut back costs to get that bottom line back, right? You know what the easiest cutbacks are? Human labor. Replace it with automation. Also, do you think the US is going to purchase ~$1 trillion in planes? No, but China will and that will give jobs to people in both the US and abroad, because once again of the supply chain.
By the way, that China factory only makes 737's, the one in Everett, WA makes the 747, 767, 777, and 787.
4. You don't think China is going to begin to export their cheaper, more affordable goods to the South East Asian countries, especially now that the TPP is null? Really? Sheesh. You denounce the Chinese for producing shit goods, yet you say they're too good for the rest of the surrounding countries. http://www.uscc.gov/sites/default/files/Research/China's%20Economic%20Ties%20with%20ASEAN.pdf]Someone has to produce those things, it is China.
C[/url]hina will import Southeast Asian products, they already do since labor is now cheaper there.
My "predictions" are backed by actual facts, yours, as we have seen again and again, are purely your uneducated drivel.
Do you understand how actual monetary policy works, because that article talks about corporate debt. You know what is interesting though, the Chinese Government owns a lot of the companies in the country, thereby having the ability to bail them out if they become insolvent with little issue. That Fitch article doesn't seem to mention that.
CampeadorPoints for originality this time. I don't think you can even help yourself, regurgitation is second nature to you.
I should start keeping a tally.
I guess I can't use words in the English dictionary now. Obviously you influence my vocabulary oh so very much. But I'm glad you could respond to the rest of the post.
Always trying to deflect when you don't know the answer or can't admit you're wrong.
.MASSHOLE.Do you think before you speak? Clearly not.
1. Those "massive" tariffs were brought on by that steel tariff enacted by Obama, and frankly, didn't have much of an impact. Also, it is apparently over. Note in that article how they discuss the supply chain importance. Yeah, US isn't capable of making those parts, nor will they be.
2. You realize if Boeing doesn't export jobs to other countries it misses out on opportunities and loses market share to its competitors, thereby hitting the top and bottom lines causing stock prices to fall, investors to flee, and the company to have to cut back costs to get that bottom line back, right? You know what the easiest cutbacks are? Human labor. Replace it with automation. Also, do you think the US is going to purchase ~$1 trillion in planes? No, but China will and that will give jobs to people in both the US and abroad, because once again of the supply chain.
By the way, that China factory only makes 737's, the one in Everett, WA makes the 747, 767, 777, and 787.
4. You don't think China is going to begin to export their cheaper, more affordable goods to the South East Asian countries, especially now that the TPP is null? Really? Sheesh. You denounce the Chinese for producing shit goods, yet you say they're too good for the rest of the surrounding countries. http://www.uscc.gov/sites/default/files/Research/China's%20Economic%20Ties%20with%20ASEAN.pdf]Someone has to produce those things, it is China.
China will import Southeast Asian products, they already do since labor is now cheaper there.
My "predictions" are backed by actual facts, yours, as we have seen again and again, are purely your uneducated drivel.
Do you understand how actual monetary policy works, because that article talks about corporate debt. You know what is interesting though, the Chinese Government owns a lot of the companies in the country, thereby having the ability to bail them out if they become insolvent with little issue. That Fitch article doesn't seem to mention that.
2. Right, the so-called answer to globalism is more globalism, give me a break. With factories it's only a matter of time before the balance of trade shifts irreversibly in China's direction. That means planes manufactured in China eventually being shipped to the U.S., which is far more damaging to American workers at Boeing than automation (which still requires U.S. labor to maintain and operate), and still constitutes domestic production.
3. China would easily find a way in, and even without it, the TPP isn't the end-all of trade agreements. Any country can easily set up a bilateral agreement.
4. It's very unlikely that Chinese exports of agricultural products will put a big dent in U.S. agricultural exports to Southeast Asia, regardless of the TPP. You act like the trade agreement was the end-all of trade agreements. The TPP was a horrible trade agreement and luckily it was killed. However, the American people have to be ever-vigilant to make sure it isn't resurrected. Not to mention, it would've not been surprising to see China included in the TPP at a later date, since these decisions are all being made by unaccountable globalist bureaucrats. We've already seen what a disaster it was for the U.S. balance of trade since they joined the WTO.
Keep on making those "factual" predictions, Nate Silver.
CampeadorRight, for all those lost full-time jobs, Obama "created" two part-time jobs!
Job creator!
Now kneel at the altar of Obama.
I mean, you're wrong... But if you look at the U6 unemployment figures, you can see Obama has done a great job at making sure the U6 rate of unemployment is trending down after the GFC. Something I hope Trump will also continue doing, seeing as Obama managed to drop it nearly 7%, and the economy is in a good place right now.
2. Right, the so-called answer to globalism is more globalism, give me a break. With factories it's only a matter of time before the balance of trade shifts irreversibly in China's direction. That means planes manufactured in China eventually being shipped to the U.S., which is far more damaging to American workers at Boeing than automation (which still requires U.S. labor to maintain and operate), and still constitutes domestic production.
3. China would easily find a way in, and even without it, the TPP isn't the end-all of trade agreements. Any country can easily set up a bilateral agreement.
4. It's very unlikely that Chinese exports of agricultural products will put a big dent in U.S. agricultural exports to Southeast Asia, regardless of the TPP. You act like the trade agreement was the end-all of trade agreements. The TPP was a horrible trade agreement and luckily it was killed. However, the American people have to be ever-vigilant to make sure it isn't resurrected. Not to mention, it would've not been surprising to see China included in the TPP at a later date, since these decisions are all being made by unaccountable globalist bureaucrats. We've already seen what a disaster it was for the U.S. balance of trade since they joined the WTO.
Keep on making those "factual" predictions, Nate Silver.
So, a 2012 article is now more up to date than one from this past year? Got it. Lol.
Some tariffs may have been there, but that auto tax you were discussing came AFTER his steel tariff.
But it is clearly evident you know NOTHING about what you're talking about. Those 737s are being produced in China for China, there is a 737 factory in the god damn US.
Christ, if you're going to think you are right, then you at least need to understand the god damn basics of the situation.
I can't even do this anymore, you are wrong so often it is killing brain cells reading what you write.
Go back, take some economics courses, learn about international trade, national accounting, monetary policy, and everything else you don't understand, then maybe I can actually respect what you are writing.
Until then, the fact you have actually put up ZERO sources for ANY of your claims (beyond the occasional Op-Ed) means you are clearly guessing and in doing so making fundamental mistakes in economics.
You can continue to think you are right, but when the mass body of experts in economics is going against what you say, there is a VERY strong chance you are wrong. But, then again, you are an expert on everything /s.
S.J.WI mean, you're wrong... But if you look at the U6 unemployment figures, you can see Obama has done a great job at making sure the U6 rate of unemployment is trending down after the GFC. Something I hope Trump will also continue doing, seeing as Obama managed to drop it nearly 7%, and the economy is in a good place right now.
Watch out, he is going to claim the U6 figure is lying and it is actually much higher. Obviously it's a governmental conspiracy and they alter the books!
.MASSHOLE.Watch out, he is going to claim the U6 figure is lying and it is actually much higher. Obviously it's a governmental conspiracy and they alter the books!
Just Campeador and his bros coming 1 2 and 3 for mental gymnastics
.MASSHOLE.So, a 2012 article is now more up to date than one from this past year? Got it. Lol.
Some tariffs may have been there, but that auto tax you were discussing came AFTER his steel tariff.
But it is clearly evident you know NOTHING about what you're talking about. Those 737s are being produced in China for China, there is a 737 factory in the god damn US.
Christ, if you're going to think you are right, then you at least need to understand the god damn basics of the situation.
I can't even do this anymore, you are wrong so often it is killing brain cells reading what you write.
Go back, take some economics courses, learn about international trade, national accounting, monetary policy, and everything else you don't understand, then maybe I can actually respect what you are writing.
Until then, the fact you have actually put up ZERO sources for ANY of your claims (beyond the occasional Op-Ed) means you are clearly guessing and in doing so making fundamental mistakes in economics.
You can continue to think you are right, but when the mass body of experts in economics is going against what you say, there is a VERY strong chance you are wrong. But, then again, you are an expert on everything /s.
You're an idiot, you claimed that auto tariffs are new, I say they aren't.
I'm right, you're wrong.
I specifically chose an article from 2012 to show that those tariffs were already in place in the year that you claim they started, but you were too slow to catch that. They added some more specific ones in that year, but the other tariffs were already there.
You keep harping on about economics, yet your grasp on international finance is lacking at best, which is pathetic since I was under impression that your employer pays you to that in some capacity (during the 10% of time you're not scouring NS and who knows what else). It's a good thing you don't do a job that is actually important, people might actually be hurt by your total incompetence. Half a million dollars in nepotism won't get you as far as a pilot or firefighter I'd imagine.
You're wrong about Muslim majority nations not largely practicing Sharia, you're wrong about this, and yet you never lose confidence in your own ineptitude, confusion, and ignorance.
CampeadorYou're an idiot, you claimed that auto tariffs are new, I say they aren't.
I'm right, you're wrong.
I specifically chose an article from 2012 to show that those tariffs were already in place in the year that you claim they started, but you were too slow to catch that. They added some more specific ones in that year, but the other tariffs were already there.
You keep harping on about economics, yet your grasp on international finance is lacking at best, which is pathetic since I was under impression that your employer pays you to that in some capacity (during the 10% of time you're not scouring NS and who knows what else). It's a good thing you don't do a job that is actually important, people might actually be hurt by your total incompetence. Half a million dollars in nepotism won't get you as far as a pilot or firefighter I'd imagine.
You're wrong about Muslim majority nations not largely practicing Sharia, you're wrong about this, and yet you never lose confidence in your own ineptitude, confusion, and ignorance.
And yet, you didn't read your article either. It was again, a retaliatory tariff after the US imposed tariffs on Chinese solar power. Remember how I harped on trade wars? Still don't believe me?
Don't talk to me about international finance when you don't fully understand how to do national accounting (GDP). You seemingly think that planes built in China which are then finalized in the US aren't added to US GDP. Lol, they are. Basic economics. You have lacked it this entire thread. You keep trying to use anecdotal evidence to prove a point. Every time you do, all one has to do is just look at the source, do a little critical thinking using some rudimentary economic analysis, and see how full of shit you are.
But then again, I don't expect much from you.
Right, you said Sharia Law, and Sharia Law is very VERY broad. For fucks sake, it involves praying every day. You seem to think Sharia Law = everyone follows or else they die. I proved it's not. Most of the countries use it as a civil matter, much like the US does with abortion, gay marriage, and teaching creationism in schools.
But then again, you can't think critically; you are binary.
And the best part is, you can't see the bigger picture. Want to know why trade agreements are such an important part of the modern day world? They prevent wars. Same as the UN, NATO, and every other body you hate. Globalization is the means to unite the world to prevent another WW.
And yet, you didn't read your article either. It was again, a retaliatory tariff after the US imposed tariffs on Chinese solar power. Remember how I harped on trade wars? Still don't believe me?
Don't talk to me about international finance when you don't fully understand how to do national accounting (GDP). You seemingly think that planes built in China which are then finalized in the US aren't added to US GDP. Lol, they are. Basic economics. You have lacked it this entire thread. You keep trying to use anecdotal evidence to prove a point. Every time you do, all one has to do is just look at the source, do a little critical thinking using some rudimentary economic analysis, and see how full of shit you are.
But then again, I don't expect much from you.
Right, you said Sharia Law, and Sharia Law is very VERY broad. For fucks sake, it involves praying every day. You seem to think Sharia Law = everyone follows or else they die. I proved it's not. Most of the countries use it as a civil matter, much like the US does with abortion, gay marriage, and teaching creationism in schools.
But then again, you can't think critically; you are binary.
And the best part is, you can't see the bigger picture. Want to know why trade agreements are such an important part of the modern day world? They prevent wars. Same as the UN, NATO, and every other body you hate. Globalization is the means to unite the world to prevent another WW.
You really are a pathetic, sad, lonely man.
Again, you haven't got a clue. The idea is for the planes to be finalized in China, not the US. I understand how GDP works perfectly fine. Your pretentious habit of pretending you have some sort of exclusive grasp on these concepts is laughable. You're about as clueless about international finance as you are about your own taxes. I'm not willing to trade some slight upticks in consumption for the risk of further deterioration of domestic production.
I'm also not seeing any anecdotal evidence, which seems to indicate that you haven't got a clue how to identify that either.
Also, to create some kind of moral equivalence between Christianity in the US, and Sharia law in the Middle East shines even more light on how mentally sick you actually are.
You globalists are vile fucking people, you won't stop until every western country looks similar to the Islamic hellhole that is now Sweden.
Projecting on loneliness now too? Yet you're the one with an ex-girlfriend who regards you as a piece of shit, which I assume is why you hate her.
CampeadorAgain, you haven't got a clue. The idea is for the planes to be finalized in China, not the US. I understand how GDP works perfectly fine. Your pretentious habit of pretending you have some sort of exclusive grasp on these concepts is laughable. You're about as clueless about international finance as you are about your own taxes. I'm not willing to trade some slight upticks in consumption for the risk of further deterioration of domestic production.
I'm also not seeing any anecdotal evidence, which seems to indicate that you haven't got a clue how to identify that either.
Also, to create some kind of moral equivalence between Christianity in the US, and Sharia law in the Middle East shines even more light on how mentally sick you actually are.
You globalists are vile fucking people, you won't stop until every western country looks similar to the Islamic hellhole that is now Sweden.
Projecting on loneliness now too? Yet you're the one with an ex-girlfriend who regards you as a piece of shit, which I assume is why you hate her.
Right, clueless about international finance yet you're the one who seemingly thinks international trade is a binary outcome. It isn't.
Our domestic production is never going to be manufacturing again. Those days are long gone, I don't know why I have to repeat this. Our current major export is SERVICES. That will not change.
Globalism is why you can live in Chile and type on a computer, use the internet, watch TV, ski, etc.
So hate it all you want, but you're being a hypocrite if you use ANY sort of product not made in Chile.
I misread the article, produced in US, finished in China. GDP status is therefore undetermined as finishing may mean putting together or it may mean more.
Regardless, we look at the supply chain and the majority of it is focused in the US.
Except the "finalized" aspect doesn't actually disclose what that definition is. It actually is a very interesting case as if finished means actually putting the pieces together or an addition of minor parts, as does that count towards Chinese or American GDP?
Regardless, if it as a whole is not counted towards our GDP, the intermediate processes are, which in this article indicate are majority-based in the US.
"There’s a reason these websites have a partisan, pro-Trump bent: At least in the 2016 election cycle, fake news took off much more with conservatives than with liberals.
'Coler says his writers have tried to write fake news for liberals — but they just never take the bait.' "
I wonder if Trump still believes Duterte's plan is a good one. That is just sickening. Jury, Judge, and Executioner. No right to a fair trial.
Trump has always supported Duterte's genocide against drug users, what would have changed? It's incredibly sad, and even sadder knowing the majority of his citizens support his tactics. I guess they believe he'll bring prosperity to the 3rd-world shithole by simply killing all the dopers instead of trying to stop it at the root of the issue. They're being duped by a terrible "politician", sounds all too familiar...
Seems like he meant to say that he knows the best generals, which he clearly does. Appointing men who know how to get shit done, not incompetent limp wrist stooges like Jeh Johnson.
Liberals tearing out their hair and CAIR pulling out their beards, the Trump era is getting off to a fine start.
CampeadorSeems like he meant to say that he knows the best generals, which he clearly does. Appointing men who know how to get shit done, not incompetent limp wrist stooges like Jeh Johnson.
Liberals tearing out their hair and CAIR pulling out their beards, the Trump era is getting off to a fine start.
Which stage of grief are you in?
It's kinda weird that you claim to love America, yet you fantasize about the majority of Americans being grief stricken.
Usually that kind of sick mentality is reserved for terrorists. I guess you and ISIS have more in common than you think! :)
The Philippine's, oh so relevant. I'm sure they love us after our failed colonization attempts...oh wait that's right, they fucking hate us. But who cares, they are about as useful as a poopy flavored lollipop...
CampeadorSeems like he meant to say that he knows the best generals, which he clearly does. Appointing men who know how to get shit done, not incompetent limp wrist stooges like Jeh Johnson.
Liberals tearing out their hair and CAIR pulling out their beards, the Trump era is getting off to a fine start.
Which stage of grief are you in?
Seems like he didn't mean to say shit. Trump has been bullshitting Americans since he got the Republican nomination, if not before that. He backpedals on issues so much he might as well be a center fielder for the Yankees.
That being said, actually happy to see him making an effort. From Carrier to Boeing at least he's making an effort.
Charlie_KellyThe Philippine's, oh so relevant. I'm sure they love us after our failed colonization attempts...oh wait that's right, they fucking hate us. But who cares, they are about as useful as a poopy flavored lollipop...
That being said, actually happy to see him making an effort. From Carrier to Boeing at least he's making an effort.
That's not true, Filipinos are actually very nice people, and given our history have a strange amount of affection for the United States and even Spain.
And the Phillipines is actually an important potential partner in East Asia.
Unfortunately, more than a few Filipinos are of the islamic persuasion and are becoming increasingly fundamentalist. That's a problem in just about every country with muslims.
