Trump on China

[Hitch]

Man, you've got to watch this. Not sure if it's been posted. It's a few years old.

Trump has my vote. God bless this man, and let's get him in there to change things.


https://www.youtube.com/watch?v=AzjiW4U4V9g

[collector]

So almost all the products we buy get a 25% price hike, yet wages stay the same. Factories in the US have long been shut down so unless we're making (and are capable of producing) something that the rest of the world is willing to pay for, I don't see how another tax fixes the problem.

[Hitch]

So almost all the products we buy get a 25% price hike, yet wages stay the same. Factories in the US have long been shut down so unless we're making (and are capable of producing) something that the rest of the world is willing to pay for, I don't see how another tax fixes the problem.

The tax encourages us to produce, compete in the global market. It's not even a tax we pay for, it's a tax/tariff on them/China.

Bottom line. The only way for our country to survive, long term, is if we produce. At least start producing. We do not. Trump understands this.

[collector]

Again, taxation doesn't encourage anything, it destroys. Where do consumers get the extra money to pay an additional 25% for basically all the products we buy? It's a tax levied on the consumer who buys Chinese goods. We don't have factories ready to go to start producing American made goods and even if we did, we don't have the extra money lying around to pay for it. China does not pay any tax - the end user does.
If our country is to survive, it has to default on the debt to the private banks - there's no other way out...and Trump knows that as well.

[monty]

The tax encourages us to produce, compete in the global market. It's not even a tax we pay for, it's a tax/tariff on them/China.

Bottom line. The only way for our country to survive, long term, is if we produce. At least start producing. We do not. Trump understands this.


The chances of Trump getting any tariffs on imports aren't real good. Those who stand to lose the obscene profits they are receiving by using cheap foriegn labor are not going to allow tariffs on their products.

[midnight rambler]

It's not even a tax we pay for, it's a tax/tariff on them/China.

And yet the Chinese products are not going to go up accordingly to cover whatever tariffs?

Mmmm! That's some TASTY Kool-Aid!

[collector]

Not to beat a dead horse but it seems to go like this;
China makes a widget, sells it for $10
Trump puts on a 25% tariff, it now sells for 12.50 to the consumer
American company is restarted, produces and sells the product for $12
China can either lower the price to $9 in order to offset the tariff or it can simply sell the product elsewhere to another country
The net effect is that the consumer has a minimum of a $2 increase in price on the widget he normally buys
If China does lower the price, the American company is back out of business
If China doesn't lower the price, the American consumer is stuck paying the higher price.

Trump needs to address the real issue, Ron Paul had it right
When I heard Trump say that we need to keep supporting our "ally" in the middle east, I knew this China thing was just a distraction. He knows what people want to hear and that an appeal to a sense of nationalism would resonate with those not really aware of what's causing the real problem in the country.