If Donald Trump becomes President, how will it affect our economy?

[irosie91]

EVERY SINGLE politician who runs for more than one term is in there for their own selfish reasons and hopes of self enrichment.

Then why would you vote for hillary? She's already totally corrupt

I have no intention to vote for Clinton. I have no intention to vote for Trump. I have no intention to vote in American elections, since I am Canadian.

A FACT FOR WHICH ARE ETERNALLY
GRATEFUL.

Which does not make my observations about American politics any less valid.

UTTERLY WORTHLESS

 

[Syriusly]

Bottom line is Trump is right. Countries have been taking advantage for the last three decades, destroyed our manufacturing and jobs. .

How have they been taking advantage?

Its cheaper to make product in countries with lower wages and other lower costs. That is the essence of capitalism.

It's a long list but start with countries making goods under conditions that would be considered criminal here in the US, and then exporting them to the US with no questions asked. Countries that have child labor, no minimum wage, and no environmental laws, no restrictions. Also, we allow countries that make it almost impossible for US to sell products to (through tariffs or protectionism laws), to openly import goods into the US. Then we have countries who's govt. is openly sponsoring and financing certain industries, in order to compete and destroy certain American industries, and then allowing these same countries to import and conquer American companies and industries who have little or non of the same govt. protection.

Like I said, the list is long but this insanity has to stop.

Well lets talk about that.

Countries that have child labor- certainly something I object to. What is 'child labor'? And I say this as a serious question- because in places like Bangladesh and India you have kids 12 years old working on farms. And also here in the United States. Is it child labor if you have your own kids working on your farm?

Meanwhile- we have countries that have child labor laws that are more restrictive than the United States- should those countries prohibit imports of all American product? These are serious questions when it comes to setting trade policy.

"no minimum wage" Almost every country has a minimum wage- the problem is that just like here the minimum wage is rarely a livable wage, and in many places it is not enforced well. That is not the case in China anymore- China has minimum wage laws and from what I have seen workers get paid more than minimum wage.

"no environmental laws'- and this is a biggie. Lots of countries- from Russia to China to Vietnam have less restrictive environmental laws than the United States- where do we set the line? And once again there are countries with more restrictive environmental laws than the United States- what if they enforce the same kinds of rules to prohibit American imports?

Countries tend to be protective of their industries- and tend to 'bend' the rules to protect industries. We do in the United States. Other countries do it even more successfully- the WTO is the mechanism to fight those protections.

So Chinese making $13.00 per 38 work day is a good thing!
Thanks for the heads up!

38 work day?

Is that supposed to make sense?

Make up your mind- do we believe in a capitalist economy or not? If we do- and labor is cheaper in other countries- why are we shocked when companies make their product where production is cheaper?

I certainly wouldn't want to work for Chinese wages- or the even lower wages in places like Bangladesh. Do we insist that those workers must earn what Americans earn?

 

[Syriusly]

I think I've already got enough cheap Chinese, lead filled products in my garage to last a lifetime. It's time for a trade war.

The last real Trade War ended up driving the United States into the Great Depression.

No it didn't...excessive off-shoring led to our depression.

No- it didn't. When the Great Depression hit, it hit most of the world even harder than the United States- we had a relatively robust manufacturing base then that exported more than we imported.

 

[irosie91]

Bottom line is Trump is right. Countries have been taking advantage for the last three decades, destroyed our manufacturing and jobs. This in turn has decimated cities that were flourishing not too long ago. It is clear that this has occured because corrupt politicians and consecutive administrations driven by special interests have let it happen.

While I am not for a trade war, I am definitely for tipping the trade scale back to where it is not at a disadvantage to the American economy.

I am not clear on what a trade war is. I do believe that in
business Trump is a BOTTOM LINE type of guy----and as
president of the USA -----that BOTTOM LINE will have to
be ENTIRELY in favor of the USA

Today's politicians care only about their pockets and power. Hillary Clinton is emblematic of this

And Trump isn't? Trump is only about Trump.

 

[RoshawnMarkwees]

Trump said he'd tap into our fossil fuel resources. That will make our economy and ultimately the global economy robust. The only people it might hurt would be OPEC.
Aw, that's a shame.

 

[irosie91]

Trump said he'd tap into our fossil fuel resources. That will make our economy and ultimately the global economy robust. The only people it might hurt would be OPEC.
Aw, that's a shame.

Economics confuse me-----I hope someone does something
about FOOD PRODUCTION in the USA-----it is a basic need
and in the FERTILE --HUGE USA should be very inexpensive.
It should be so inexpensive that almost no one would need food stamps.-------if people want to eat truffles and caviar--THEY can pay high prices, but the basic stuff to feed a child---
or elderly adult should be DIRT CHEAP. People should be able to EAT well on a minimum wage----and have a place to
live. ---------

 

[irosie91]

Trump said he'd tap into our fossil fuel resources. That will make our economy and ultimately the global economy robust. The only people it might hurt would be OPEC.
Aw, that's a shame.

Bottom line is Trump is right. Countries have been taking advantage for the last three decades, destroyed our manufacturing and jobs. .

How have they been taking advantage?

Its cheaper to make product in countries with lower wages and other lower costs. That is the essence of capitalism.

It's a long list but start with countries making goods under conditions that would be considered criminal here in the US, and then exporting them to the US with no questions asked. Countries that have child labor, no minimum wage, and no environmental laws, no restrictions. Also, we allow countries that make it almost impossible for US to sell products to (through tariffs or protectionism laws), to openly import goods into the US. Then we have countries who's govt. is openly sponsoring and financing certain industries, in order to compete and destroy certain American industries, and then allowing these same countries to import and conquer American companies and industries who have little or non of the same govt. protection.

Like I said, the list is long but this insanity has to stop.

Well lets talk about that.

Countries that have child labor- certainly something I object to. What is 'child labor'? And I say this as a serious question- because in places like Bangladesh and India you have kids 12 years old working on farms. And also here in the United States. Is it child labor if you have your own kids working on your farm?

Meanwhile- we have countries that have child labor laws that are more restrictive than the United States- should those countries prohibit imports of all American product? These are serious questions when it comes to setting trade policy.

"no minimum wage" Almost every country has a minimum wage- the problem is that just like here the minimum wage is rarely a livable wage, and in many places it is not enforced well. That is not the case in China anymore- China has minimum wage laws and from what I have seen workers get paid more than minimum wage.

"no environmental laws'- and this is a biggie. Lots of countries- from Russia to China to Vietnam have less restrictive environmental laws than the United States- where do we set the line? And once again there are countries with more restrictive environmental laws than the United States- what if they enforce the same kinds of rules to prohibit American imports?

Countries tend to be protective of their industries- and tend to 'bend' the rules to protect industries. We do in the United States. Other countries do it even more successfully- the WTO is the mechanism to fight those protections.

So Chinese making $13.00 per 38 work day is a good thing!
Thanks for the heads up!

38 work day?

Is that supposed to make sense?

Make up your mind- do we believe in a capitalist economy or not? If we do- and labor is cheaper in other countries- why are we shocked when companies make their product where production is cheaper?

I certainly wouldn't want to work for Chinese wages- or the even lower wages in places like Bangladesh. Do we insist that those workers must earn what Americans earn?

BRING IT HOME----BRING ALL OF IT HOME---go trumpie

 

[Indeependent]

I think I've already got enough cheap Chinese, lead filled products in my garage to last a lifetime. It's time for a trade war.

The last real Trade War ended up driving the United States into the Great Depression.

No it didn't...excessive off-shoring led to our depression.

No- it didn't. When the Great Depression hit, it hit most of the world even harder than the United States- we had a relatively robust manufacturing base then that exported more than we imported.

Tell that to Milton Friedman...

 

[Indeependent]

I think I've already got enough cheap Chinese, lead filled products in my garage to last a lifetime. It's time for a trade war.

The last real Trade War ended up driving the United States into the Great Depression.

No it didn't...excessive off-shoring led to our depression.

No- it didn't. When the Great Depression hit, it hit most of the world even harder than the United States- we had a relatively robust manufacturing base then that exported more than we imported.

Of course it hit the rest of the world harder as they couldn't build what we already had but our elites were more than ready to offshore.

 

[Onyx]

I think I've already got enough cheap Chinese, lead filled products in my garage to last a lifetime. It's time for a trade war.

No one wins a trade war. It is mutually assured destruction, if not in the short term than in the long term.

When did you learn economics theory?

 

[Indeependent]

I think I've already got enough cheap Chinese, lead filled products in my garage to last a lifetime. It's time for a trade war.

No one wins a trade war. It is mutually assured destruction, if not in the short term than in the long term.

When did you learn economics theory?

There's no war; we're the consumers and we have a fertile and arable land mass filled with almost all the resources we need.

 

[Onyx]

Tell that to Milton Friedman...

Backfire argument.

Milton Friedman is in huge opposition to tariffs, like virtually all independent economists throughout history. Even Keynes thought tariffs were god awful.

 

[Onyx]

There's no war; we're the consumers and we have a fertile and arable land mass filled with almost all the resources we need.

And the laborers creating their livelihood on that fertile and arable land are negatively affected by tariffs.

 

[Indeependent]

Tell that to Milton Friedman...

Backfire argument.

Milton Friedman is in huge opposition to tariffs, like virtually all independent economists have throughout history. Even Keynes thought tariffs were god awful.

Watch the not very long video and come back with what he says IN THIS VIDEO.

 

[Indeependent]

There's no war; we're the consumers and we have a fertile and arable land mass filled with almost all the resources we need.

And the laborers creating their livelihood on that fertile and arable land are negatively affected by tariffs.

And the Indians and Chinese will starve without us consuming their shit and bad software and horrible customer service.

 

[Onyx]

Watch the not very long video and come back with what he says IN THIS VIDEO.

I know what he avocates in real life.

Free trade supports long term self sufficiency and tariffs kill the economy. Anyone with an understanding for money is done with socialist artificial bubble economies.

 

[Indeependent]

Watch the not very long video and come back with what he says IN THIS VIDEO.

I know what he avocates in real life.

Free trade supports long term self sufficiency and tariffs kill the economy. Anyone with an understanding for money is done with socialist artificial bubble economies.

That's NOT what he says in this video.
This is my last post concerning this issue until after you watch the video.
MFer falls all over himself coming up with bullshit.

 

[Onyx]

And the Indians and Chinese will starve without us consuming their shit and bad software and horrible customer service.

Emotional appeals count for nothing.

If you want better quality than exercise your right to direct action as a consumer. Better patronage costs more money, and you get what you pay for.

 

[Onyx]

That's NOT what he says in this video.
This is my last post concerning this issue until after you watch the video.
MFer falls all over himself coming up with bullshit.

Milton Friedman has opposed tariffs his entire career, like virtually every other economist of any renown.

Whatever you are misconstruing is of no consequence.

 

[Indeependent]

And the Indians and Chinese will starve without us consuming their shit and bad software and horrible customer service.

Emotional appeals count for nothing.

If you want better quality than exercise your right to direct action as a consumer. Better patronage costs more money, and you get what you pay for.

I'm sure the millions of replaced and laid off workers are making enough to EXERCISE a choice.
You are quite obnoxious; you work for FoxNews?