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"US manufacturers say Trump tariffs will bring higher prices, not more jobs: Survey"

By HEYYOU following x   2018 Nov 29, 5:49pm 251 views   17 comments   watch   sfw   quote     share    


"The Trump administration's widening trade war will raise prices for U.S. consumers, but it won't bring back many manufacturing jobs that have moved overseas.

That's what more than 800 companies said in a survey released Thursday by IHS Markit, a London-based economics research firm.

Instead, more than 4 in 10 companies surveyed plan to raise prices to offset the higher cost of production.

Just 1 in 10 said they plan to reduce the share of total output produced outside the U.S. Roughly the same number said the tariffs would encourage them to move more jobs offshore.

https://www.cnbc.com/2018/11/28/manufacturers-say-trump-tariffs-to-bring-higher-prices-not-jobs-survey.html
1   Patrick   ignore (1)   2018 Nov 29, 5:54pm   ↑ like (5)   ↓ dislike (1)   quote   flag        

Just wtf did they think manufacturers were going to say?

Manufacturers have sucked the marrow out of the middle of the country by exporting all their jobs and then selling them poorly made stuff produced by poorly paid people in China.

The difference was all profits for themselves, at the expense of US workers. They love those profits and don't care about America in the least. They are globalists.

Trump is absolutely right to raise tariffs so that they are approximately equal to foreign tariffs on US-made goods.
2   APOCALYPSEFUCKisShostikovitch   ignore (35)   2018 Nov 29, 6:01pm   ↑ like (5)   ↓ dislike (0)   quote   flag        

There is nothing wrong with driving 20 year old cars and car jacking your way to work to reduce costs of transportation.

And any enterprising American can rob a grocery store or liquor store to reduce the cost of potatoes and beer.

Do they think Americans are helpless and incapable of reliance and FREE enterprise?
3   HEYYOU   ignore (21)   2018 Nov 29, 6:17pm   ↑ like (0)   ↓ dislike (1)   quote   flag        

How many Republican businesses & stockholders move manufacturing & jobs overseas?
How many Rep/Cons own a houseful of import products?
Obama's fault?
Wonder how many Rep/Con consumers will like price increases? More than some who face tax increases?


Which assholes gave APO more ignores?
This game is rigged collusion against HEYYOU!
4   LastMan   ignore (0)   2018 Nov 29, 6:56pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Patrick says
The difference was all profits for themselves, at the expense of US workers. They love those profits and don't care about America in the least. They are globalists.

Trump is absolutely right to raise tariffs so that they are approximately equal to foreign tariffs on US-made goods.


Those damned profit seeking businesses. Clearly government intervention, under the steady hand of Trump, is the right answer.
5   Strategist   ignore (2)   2018 Nov 29, 8:40pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

If it's easier and more profitable to move a factory overseas, then overseas is where they will go.
If it's cheaper to buy the same shoe made in China vs the shoe made in Ohio, consumers will buy the shoe made in China.
People want their dollar to go further. It's as simple as that.
6   jazz_music   ignore (6)   2018 Nov 30, 6:36pm   ↑ like (2)   ↓ dislike (1)   quote   flag        

Orange man good

No matter how many pooches he screws
7   Strategist   ignore (2)   2018 Nov 30, 7:55pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

HEYYOU says
How many Republican businesses & stockholders move manufacturing & jobs overseas?

How many democrat voters have benefitted shopping at Walmart for Chinese made stuff?
8   Herdingcats   ignore (0)   2018 Dec 5, 6:45am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Strategist says
HEYYOU says
How many Republican businesses & stockholders move manufacturing & jobs overseas?

How many democrat voters have benefitted shopping at Walmart for Chinese made stuff?


Democrats only by "made in the USA"
9   zzyzzx   ignore (1)   2018 Dec 5, 6:52am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Strategist says
If it's easier and more profitable to move a factory overseas, then overseas is where they will go.
If it's cheaper to buy the same shoe made in China vs the shoe made in Ohio, consumers will buy the shoe made in China.
People want their dollar to go further. It's as simple as that.


Pretty fucking short sighted.
10   zzyzzx   ignore (1)   2018 Dec 5, 6:52am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Herdingcats says
Democrats only by "made in the USA"


This does not explain why so many Obama stickers are on the Prius.
11   Strategist   ignore (2)   2018 Dec 5, 7:58am   ↑ like (0)   ↓ dislike (0)   quote   flag        

By the way, why does Trump want to create more jobs when there are not enough job seekers to fill the available jobs that already exist?
12   HeadSet   ignore (1)   2018 Dec 5, 8:12am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Strategist says
By the way, why does Trump want to create more jobs when there are not enough job seekers to fill the available jobs that already exist?


Increases worker compensation without mandatory minimum wages and the like. Also a hedge against downturns in other industries. Plus, stuff manufactured in US follows US environmental laws, so the AGW crowd should be on-board here as well.
13   d6rB   ignore (1)   2018 Dec 5, 11:37am   ↑ like (2)   ↓ dislike (0)   quote   flag        

jazz_music says
Orange man good

No matter how many pooches he screws

Sadly, correct.

For one side, Orange Man Bad no matter what he does
For the other side Orange Man Good no matter what he does
14   SunnyvaleCA   ignore (0)   2018 Dec 5, 11:45am   ↑ like (2)   ↓ dislike (0)   quote   flag        

Strategist says
By the way, why does Trump want to create more jobs when there are not enough job seekers to fill the available jobs that already exist?

There are plenty of unemployed / underemployed US citizens. Just cut off the welfare and watch them pile up at the job office. Also, reduce government regulation and mandates on businesses, and the businesses will be more willing to hire marginal employees. Also, as more jobs get automated, there will suddenly be a glut of workers, especially workers with limited job skills. Jobs brought back to the USA will be performed by the US citizens with limited job skills (who are unemployed now) and by automation.

Employing the unemployed pays dividends in several ways:
• gives those people something to do with their lives (i.e.: keeps them out of trouble)
• reduces welfare, since they are earning at least some of what they need to live
• generates at least some economic output
• Creates a better sense of fairness and cohesion: everyone works 40 or 50 hours a week. It's what we do. No free rides. Maybe you earning too little and so get some welfare, but at least you are putting in the 40 or 50 hours like everyone who is NOT getting welfare.
15   HEYYOU   ignore (21)   2018 Dec 5, 12:24pm   ↑ like (0)   ↓ dislike (1)   quote   flag        

Patrick @ 1,
How many Republicans in the middle of the country are trading stock in the outsourcing manufactures?
How many don't know if their retirements are invested in these companies?
"They love those profits and don't care about America in the least."

It's always someone elses fault.
16   Tenpoundbass   ignore (11)   2018 Dec 5, 12:31pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

It doesn't matter if affordablity is a factor to car ownership.
Then we're already at peak unaffordability.
For those that can't afford car now, they wont notice the tariffs.
17   FortWayneIndiana   ignore (0)   2018 Dec 5, 12:39pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

I think Trump is right. We can either let China take over all industry by controlling currency and manufacturing, then cut us off one day and fuck us.
Or we can fight back.

Ultimately a nation must be self sustainable, otherwise they are an easy target, it's why South lost the civil war... no fucking factories.




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