US Commerce department: car imports into U.S. are national security threat

and according to the lefties, everything is racist, except what they themselves do, thats the philosophy of socialism to 'do as they say, not as they do'...

 

You seem to want to argue just as an excuse to spew your hate for America

I said in the beginning I do bot agree with the conclusions of the report

 

How can sending our money to a foreign country create wealth in Ameica?

The answer is that it doesent

Yes snowflakes can get a new iPhone every year to play video games on

But the trade advantage goes to china where the phone was made

 

No Nation can survive by servicing the output of another Nations production.

 

Half truth ... it is not the trade deficit, but it is the other "free market plague" called outsourcing which eleminated the manufacturing jobs in the USA. Look at Apple and ask yourself why not a single one of their products is build in the USA by US workers, but all are build in China.
And let's stay with Apple ... every I-Phone sold in the US and what ever I-stuff of them sold US, is exported from China to the US, so in the US it is counted as an import and we still have then waht Influence? Right!!! Trade Deficit!

And Apple is just one of those massive examples of where production was killed in the US and then brewed in a cheap other country ... and then the goods made there on behalf of a US company go back to the US as an import then to be sold!

Suggestion: Instead of shooting at the evil Foreigner, first target your own companies that produce cheap abroad, then import it to the US to sell it as a US product and US citizen!

 

I have no hate on America ... I have a deep hate on Trump and these brainless followers of him who believe every BS he claims to be true ... and this hate on him is still existing since decades for this piece of sh** when he was simply one of these VIP clowns only! But I guess you make hate on Trump to be = hate on the USA, because he is currently and unfortunately US President, eh?

And about my many critics against the USA, it does also not mean that I hate the USA. Also I hope you noted that I critic also others like Russia, China etc. about if they did or do the same.
But what me makes again and again angry is the common US hypocrisy with it to see evil only at enemies but not at friends if doing right the same!

 

Ok, that dead school children is compared to some on the left being upset about racism (real or perceived) shows how completely out of your minds you all have become.

 

Unfair trade is a threat.

 

I only buy Nissans, and they’re imported from Tennessee.

 

Through comparative advantage. Again, this is what Adam Smith put pen to paper to explain waaaaaay back in 1776.

Serious question: have you ever bought anything? Were you ever better off for having bought something?

These should be easy questions to answer, but I'm going to dive into more detail. I asked you earlier why you bought a car instead of making one from scratch, not buying a single thing, even gathering all of the raw materials by yourself. Maybe you haven't bought a car, so I'll use myself as an example. Why would I ever buy a car? According to the philosophy you've presented, the only party who can ever economically benefit from that trade is the manufacturer; the manufacturer is better off and I'm worse off, according to your philosophy. But even a few minutes of thought and reflection shows the economic ignorance of such a philosophy. First of all, if I weren't better off with a car than without one, I wouldn't buy one. Hell, if your philosophy were true, no one would ever buy anything because only sellers would ever benefit from a sale. This is, of course, completely absurd.

What wealth do I get from the exchange? Well, here's where we get into something called opportunity cost, something you take into consideration whether you realize it or not. Think for a second about what would happen if I didn't have a car. I'd have to walk. Walking takes more time. Time that I could be using toward more productive, profitable pursuits. Having a car also expands my options for what jobs I can take, and it expands my options for where to live so that I can purchase property in a less costly area while working in an area that pays more. Without my car, I wouldn't have the job that I do now, and that job pays me a lot more than my car has cost. My purchase has netted me more wealth.

I also shouldn't have to explain that all businesses have costs. They have to pay money to make money, and their purchases often contribute to their profits. Every time they buy office supplies or pay for services, they do so knowing that they will be financially better off for having spent that money than if they didn't spend a dime.

Hell, according to your zero-sum philosophy it would also make no sense to ever hire employees, since the employee is the producer of their labor and the employers is the consumer, and you have said that only producers benefit from such trade.

One more example that should illustrate the basics: would you be wealthier if you never bought anything? The answer, of course, is no. You'd have a patch of land somewhere where you grew your food and would have little time for doing much more than providing for your survival. You wouldn't have access to any modern technology. You are better off for having things to buy, contrary to your zero-sum philosophy.

Every economist in the world and everyone with even a passing knowledge of economics disagrees, and for good reason.

Look back at Hong Kong. How could Hong Kong possibly be better off by buying things from other countries? Well, Hong Kong has almost no natural resources, aside from I think feldspar. Of course they are better off buying raw material than having none.

And just look at the very basics of value creation: productivity. Businesses use inputs to create outputs. Any time they can either reduce their inputs while maintaining outputs or increase outputs for the same amount of inputs, they are increasing productivity. This is how businesses create wealth. Any trade that allows them to do this, regardless of what country they trade with, creates wealth in exactly the same way.

I can use an iPhone for designing mobile apps and I have friends who can use that iPhone while designing said games. The ubiquity of the iPhone has created wealth for us. It doesn't matter what country is selling it, our wealth creation is the same. We are better off due to China's manufacturing. It has created wealth for us.

 

You know what a trade deficit is? It represents jobs that americans do not have, that were middle class jobs, and now we pay foreigners instead of americans, and supply them with jobs instead of our own people.

Isn't it odd, that the way it used to be, was that each nation wanted to run trade surpluses, and not deficits? Why is this, if your view is correct? Well, because it represents what I said it does. Jobs for a nation's people. Income for a nation's people.

And what nation ever became a major power without the ability to manufacture in modern history? What is the advantage to a nation's people, to have more value added jobs than service sector jobs?

The US has never needed to export, in order to have a viable and decent economy and jobs. But if you want to max out the profits of the top, you need to take away jobs from other nations, by making what they consume. This is the inconvenient truth that no one ever mentions when it comes to trade. The common sense involved is lost on globalists, who forgot how to think...basically.

 

I know what a trade deficit is, which is why I know you are wrong. Trade creates wealth. More wealth means more overall jobs (Okun's Law). Yes, some sectors will end up with fewer jobs, but jobs overall will grow.

Your version of "common sense" ignores all modern economics and ignores actual common sense (see post #35 for more detail). If your philosophy were true, no one would ever buy anything, foreign or domestic. If you buy anything, you are tacitly acknowledging that trade is not a zero-sum game. If trade is not a zero-sum game (and, of course, it isn't), your entire argument loses its entire basis.

 

Modern economics is slave labor globalism, as it has permeated academia. And of course there is the disaster for working people, with AI and robotics. A double whammy. The economics of today is not the economics of my time in college in the early 70s.

Truth is, and it is truth, a nation that is as independent as possible. that uses its own people to provide what is consumed will serve the people of that nation optimally, if having jobs and income is of any relevance in your economic world. This is not to say that a nation should never export anything, but only that no nation should depend upon another workforce, overseas, to provide its consumption. Trade can involve buying fine french wine, that we cannot produce here, but it should never be providing most consumer goods because that means jobs are lost in the nation that has to import its consumer goods from slave labor nations, so corporations and big banks can max out their own profits, but at the cost to literally the national security of a nation.

If you cannot fathom this, I cannot help you out other than to lay out how simple it is, over your complexity, that hides truth. You are not using basic logical, rational thought, but are relying upon some economic philosophy grounded in political ideology, instead of a simple reality. This problem is prolific with your team, and you were probably taught that in some college where the economics dept is now globalist driven.

Some things do not change. One thing that never changes if it is serves a citizenry of a nation, to send their economy overseas, so banks and corporations can max out their own profit? And remember, a citizen on average is not composed of high IQ people who can be coders and other professionals that demand higher IQs and much education. You seem to forget the reality of what IQs are, and how they run, with numbers being relevant.

High tech does not change basic common sense economic principles. Like, every job in the US in the private sector serves consumption, and the more you remove those jobs, the social problems start to build. And of course, social problems matter, because they determine if a society implodes into chaos or not.

 

Thank your for sharing our opinion. When you are willing to discuss the facts I've presented, we can debate. If you really believed in this zero-sum nonsense, you'd never buy anything. So either you built the computer you are typing on, including processing all of the raw materials for it, or you don't actually believe what you are saying about trade being zero-sum.

 

Since the bailout of the auto industry following the 2008 financial collapse auto workers are not nearly as highly paid as they once were.Nor do they have many of the pay guarantees they once had should they be temporarily furloughed.The pay scale and the union perks have been severely curtailed.

 

I know it is concerning and distressing. It is to sane, rational, educated Americans at least as much as it is to you.

 

This is happening to all sorts of industries, isn't it? Wages and benefits are down across the board. All the money keeps getting diverted to executives and shareholders while workers are increasingly being shafted. This obviously is unsustainable and something will give eventually. In fact, it has already begun to when we consider why it is that the orange clown get elected. Everything he campaigned on boiled down to protecting the working class, to bringing jobs and higher pay back. This is change that millions of Americans are desperate to see happen.

 

In 2017 GERMAN auto makers had 265 manufacturing plants scattered across the USA employing approximately 110,000 American employees.In 2016 they manufactured 854,000 vehicles in the USA, 60% of which were exported out of the USA to foreign markets.

 

And you should rethink the idiotic nonsense that passes for trade policy in Trumpland so that it might have some degree of reality and common sense.

As for out of hand dismissal, nice projection. Obviously the result of tons of practice.

 

I can GUARANTEE you will not see improvement in the average workers lot in life under Dirty Donald who just had to let 12 illegal alien long term employees go from his Bedminster N.J. golf club,because the NYTimes wrote a story outing that he employed them.Anyone that thinks a guy with six bankruptcies in his past, all of which resulted in contracted workers having to settle for pennies on the dollar for services performed, is out for anyone one but himself is dreaming.

 

Rome crumbled when it couldn't pay its mercenaries... so technically... you could label anything that doesn't add to Treasury's coffers a threat

 

Nero fiddled while Rome burned.Dirty Donald GOLFED while his MANUFACTURED NATIONAL EMERGENCY at our southern border fizzled.Three straight days of golf since declaring the emergency????

 

LOL

Do you have the slightest idea what trade and tariff schedules were in place between member countries of the WTO, prior to the President's actions?

Even a particle of familiarity? Do you know who the WTO is, and what it does?

 

You do realize that German cars built in Germany are built by union workers, and their union, IG Metall, is 1) far more militant than the American UAW, 2) has representatives sitting on the board of directors of each and every German auto company (by law) 3) are paid considerably higher than all American auto workers, union or nonunion, and get 50% more vacation time (also by law), and 4) according to BMW's and Daimler's own quality audits, aren't building any better a product than they build in any other of their plants in world.

You really need to stop posting on the auto industry, which you've demonstrated you know very little about.

 

"dreaming" pretty much describes all of Trump's base.