Unions praise Trump on steel tariffs

Trump Polka with Trumpka. Admittedly that's as new as the Hamilton Polka Party, and as innovative as Weird Al Yankovic. But it's going splendidly in a new direction.

I'm grabbing my tuba to play the Anti-globalist Anti-nobelist Polka, too.

 

When they can't do that the business is dead and the jobs are gone.

 

Are you concerned about the concentration of wealth at the top? Does it bother you that CEOs of large corporations make tens of millions of dollars a year while their employees make a living somewhere in the lower middle class?

Keep in mind that prices can only rise to a level that the market will bear. Now if the price of steel and aluminum rises somewhat, there may be price increases at the consumer level, but only to the level that consumers are willing to pay. So if the producer has to control the price to keep sales going, where do they make that up? They have no choice but to pay competitive wages, so where do they make that up?

See where that's going?

 

https://www.npr.org/sections/thetwo...tariffs-could-raise-car-beer-and-candy-prices

Trump's Steel, Aluminum Tariffs Could Raise Car, Beer And Candy Prices

Jobs in some industries will be lost.

 

• 
  Did the Smoot-Hawley Tariff Cause the Great Depression?

Eighty four years ago on this day President Hoover signed the now-infamous Smoot-Hawley tariff bill, which substantially raised U.S. tariffs on some 890 products. Other countries retaliated and world trade shrank enormously; by the end of 1934 world trade had plummeted some 66 percent from the 1929 level.
...
n early May 1930 1,028 leading American economists presented President Hoover, Senator Smoot and Congressman Hawley with a letter urging Hoover to veto the bill if it passed Congress. (The organizer of the letter was Dr. Claire Wilcox, my economics professor in college.) The economists argued that the tariff increases would raise the cost of living, limit our exports as other countries retaliated, injure U.S. investors since the high tariffs would make it harder for foreign debtors to repay their loans, and damage our foreign relations. Unfortunately, this is what happened. ...
http://americastradepolicy.com/did-the-smoot-hawley-tariff-cause-the-great-depression/#.Wprc-ejwaM8

tRUMP is looking to see if he can 1 up bush, by putting the world into a depression, instead of the biggest recession.

Time to get your 401K into cash?

 

Focus leftist grasshopper opinion. Conservatives or at least myself don't care about playing stupid partisan politics as usual anymore. We will support anything that is nationalist focused. IE more fair for us. Our country. Our workers.

And if other countries dont like it? Too bad. We are the big stack still. We want more equitable trade with our large deficit trading partners..

I love how leftists only talk about our costs if blowhard countries try to not be more reciprocal with trade. What about their costs I'm jobs and economic security? Right.

I'd rather have trade conflicts than war for resources all over the damn planet.

And we will win.

MAGA

 

The Democratic Party's stances in regards to blue collar and private sector trade unions is 100% what it used to be. Unions used to INTENSELY oppose cheap immigrant labor - that the Democratic Party now wants to continue importing by the millions - and ALWAYS supported tariffs to protect American jobs.

Most products people are going to buy regardless of price - but will buy whatever is the lowest price regardless of how crappy it is. Chinese stuff is cheaper - but you probably have to replace it over and over again because it's junk. Americans tend to shop lowest price, not quality.

I read a study a few years ago that found that while rich people pay top dollar for everything, ultimately the pay less. Chinese WalMart particle board furniture is broken junk within a couple of years. A fine hardwood piece of furniture last literally for generations. The cheapest imported junk to buy often turns out to be the most expensive of all in the long run.

People will buy the same number of new cars whether or not the price is $400 higher or lower. Same for about everything. They will still buy the products. Tariffs are to make it so American products can be price competitive to offset both slave labor sweatshop imports and foreign governments artificially lower their import products prices to eliminate competition - then raise their prices after they have destroyed the other country's industry. That is how Japan - with NO iron ore and NO coal to speak of - captured the steel industry back in the 1960s thru 1980s. To see the effect, drive thru any neighborhoods near any rust belt closed US Steel factory. Entire communities were destroyed, not just a factory closing.

 

I am sure the globalists (aka China Protectionists) will have no problem criticizing. They already are.

Clearly, we cannot put ourselves in a position where we are subject to the whims of China to obtain the steel needed to build bridges and produce battleships. Our national security relies on steel production. I fully support efforts to strengthen that industry, and am happy for the jobs it will create.

However, I would warn the steel industry not to behave in the same shameful and unscrupulous way that GE did. The steel they produce better be the best in the world. The jobs they create better be secure, and any stocks they sell better not be fake.

I will never have a GE product in my home. They will never be forgiven.

 

...It bears noting that the last time this was tried in 2002, the World Trade Organization authorized more than $2 billion in sanctions for breaking tariff-rate commitments, and it was believed that the tariffs shrunk the US economy by approximately 200,000 jobs. The tariffs were only withdrawn once the European Union started applying counter-tariffs to US products made in election swing states.
...
https://www.cnet.com/roadshow/news/steel-aluminum-tariffs-more-expensive-cars-toyota/

This isn't a policy to save American jobs.
It isn't a policy to stick it to China, they are insignificant in our steel market.

This is a policy that is for unknown reasons. Certainly not in national security as the liar has told us.

 

I think you meant to say "exporters", didn't you?

Look ... I know we all love the Canadians, right? They're our good buddies, right? So let's all have one great big group hug for a moment.

Now that we've got that out of the way, let's talk frankly ...

Are we going to have a U.S. steel industry or not? If we produce our own steel, other countries can still sell to other countries, can't they?

We spend 3.3% of our GDP on defense. Canada spends 1% because they have us next door (Let's be honest). Germany pays 1.2%. We are the final guarantors of those countries' security, aren't we? So I don't want those countries undermining our industries. That is a crappy way to repay us. Let them sell to other countries at whatever price they can get, and we'll produce our own.

Americans not purchase something? Don't worry ... People will find a way to get what they want.

Prices may rise a little, but they can only rise to a level the market will bear. High demand things are still going to get bought, low demand things maybe less.

 

What does this have to do with China?

 

Leftists don't understand conservatives at all. Leftism is a lost ideology. Caught up in partisan politics where all they can do is try and divide America on race and hysterics about non issues. Nothing remains for the far left.

All we want is America to be stronger. More prosperous. We do not care what our huge deficit trade partners think. Those unions are American regardless of affiliation and I think now like the Latinos have some hard thinking to do.

MAGA

 

$50 to $175 added to a car is a small price to pay IF we can save American jobs.

Unions have always been for protectionism but who can blame them. The ChiCom ( pronounced ChaiCom) government subsidizes their steel manufacturers so the Chinese dumped their steel here at under that US or Bethlahem Steel could make it of corse we lost jobs.

I am not opposed to what the Trump wants thecresults to be I just believe that he should have done it in a professional way not as a TV apprentice.

Bottom line is if it is best for the American companies and workers go for it.

 

We haveca horrible trade definite with the ChiComs that is what it has to do with China.

 

They have an obvious choice you are ignoring ... they can move production out of the country altogether so they can compete on a global market. If it's too expensive for Boeing to build here because of aluminum costs - they can take it Eastern Europe - just like the yacht industry did.

You act like the US is in some type of an economic bubble.

 

Yes, I really meant to see we import from those countries.
You will notice, Canada might be our biggest exporter, they are not the only. My post wasn't about Canada alone. Why you think it was it beyond me.
Our top 10 steep export countries are all our allies.
And everyone keeps bringing up China, they aren't on the list.

Prices may rise a little? How much steel and aluminum are in cars? In airplanes?

Do you know what the US and world economies have done in the past with tariffs?
Do you know this was tries as recently as 2002? And the US lost 200,000 jobs, according to a story I just posted.

 

Yes, so what does steel tariff have to do with addressing it?
If they want to hurt China, double the price of cell phones.

 

Conservatives don't understand the real world.
There is past history on what tariffs do.
Of course, that means conservatives have to be able to research and read and comprehend. All the things they hate because it means getting an education.

MADA, D = depression.

 

Daniel, this tariff is only targeted at one industry, an industry that is hurting. What would you do bring back steel industry jobs?

 

Well, I'll ask you the same question I just asked Daniel Light. What would you do to bring back steel industry jobs?

 

Why do they need to come back?
What jobs specifically are you referring to? How many jobs, specifically are we talking about?
When were those jobs lost?
How many other jobs should we lose to bring those jobs back?

 

Quoted for humor.

Nothing else in the quoted above opinion is anything other than humor. That in bold is called petty pouting.

You touched on something important though. I think that leftists are somewhat educated but it's surreal to me at the extra ordinary lacking of critical thinking skills in their opinions or decision making. It's all emotional hysterics and divisiveness with Leftists. No logic. No critical thinking skills.

Case in point is the leftist Democratic Party in SoCal voting no confidence in Diane Feinstein. Why? They literally said because she is not far enough left. She is too moderate and too pragmatic. Too willing to compromise

I'll ask anyone reading this.. Does that show leftists applying intellect or education or comprehending the big picture? No it doesn't. It shows how useless their ideology is. It shows extreme lack of critical thinking skills as to their current position both politically and culturally. Evidence is everywhere of examples of this.

Leftism is dying in America other than a pet we keep around for amusement.

Leftism is out. Moderatism is in. Compromise is in.

So yes as a conservative I will support the Unions seeing the big picture

 

You entire post was humor, So, I responded in a manner that suits your post style.

What is the big picture?

 

Helluva bunch of campaign slogans you've got there ...

(1) "We don't need to get your job back!"

(2) "What job were you talking about?"

(3) "We question your job loss!"

(4) "Someone else gets a job!"


Are you a Democrat? Maybe I'm just old ... *sigh* ... but I just don't even recognize you guys anymore.

And this is why you hear people saying Republicans and Democrats are exactly the same. Only the BS is different.

 

Some industries MUST be preserved, even at a lose, because they are strategically important - both economically and militarily. Setting aside the military aspect, if we allow critical industries to completely die this leaves us totally at the mercy of other countries. Steel and aluminum are at the top of the list. This can lead to sudden crisis in terms of the market and economy, and allows us to be essentially blackmailed in negotiations.

The importance of having a domestic steel production industry can not be understated.

If a person checks, we have a HUGE list of tariffs, as do all other countries. Tariffs are nothing new. The reason this one is such a big deal is 1.) because it is Trump and anything Trump does there will be doom-and-gloom ranting and sobbing and 2.) 35% is a BIG tariff. Generally tariffs are much smaller percent OR a per item tariff. Like 2 cents for every costume jewelry and 3% for combs. The list of tariffs is VERY specific.

So for steel it could be a percentage (such as 35% or other percentage) or dollar value such as "$10 per ton."

The USA has dug itself into a very deep hole by increasingly allowing cheap products to flood or markets, shattering our industry - where only product cost savings was considered and the economic negative effects of lost jobs, lost businesses, lost taxes from those jobs and businesses, increased benefits costs to government for all the unemployed Americans etc were never even factored in.

I does not help working people if they can save 20% on the cost of products if at the same time their income is reduced to $0. That is the real cost of cheap imports.