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[QUOTE=1987_Lakers;14994915][url]https://polymarket.com/event/which-countries-will-the-us-agree-to-trade-deals-with-before-july?tid=1745343952564[/url]
[url]https://polymarket.com/event/china-eu-trade-deal-before-june?tid=1745344087218[/url]
[url]https://polymarket.com/event/china-vietnam-trade-deal-before-june?tid=1745344180528[/url]
We win again fam
[video=youtube;3EI6227FLgk]https://www.youtube.com/watch?v=3EI6227FLgk[/video][/QUOTE]
:roll:
[QUOTE=TheMan;14994905][B]Anyone with half a brain can see that tariffs alone won't bring back manufacturers, that's a half assed solution.[/B] On top of that, we have full blown austerity by the federal government when you have to heavily invest in a reindustrialization program to bring back jobs...instead jobs and programs are being slashed so that Trump and his oligarch robber barons can justify yet another tax cut for themselves.[/QUOTE]
Okay so enlighten us then since you're the expert. How does America bring back manufacturing?
In your own words.
[QUOTE=Baller234;14995001]Okay so enlighten us then since you're the expert. How does America bring back manufacturing?
In your own words.[/QUOTE]
That's the problem, bro. There are experts in these fields, I'm not gonna go against what the best economic/financial gurus best advice based on gut instinct, like the Idiot In Chief routinely does...
Anyways back to reality...
[video=youtube_share;-6NtyK-MgRY]https://youtu.be/-6NtyK-MgRY?si=3Gt1vKh7JdrdFg-c[/video]
I saw a great video a while back by a top economist, can't recall his name but in a gist, tariffs won't do shit bringing back jobs, the government needs to create programs that target what industries they want back, and this will take time, it's not a matter of weeks or months or even a couple years, this should be seen as generational program...but I digress, nobody in America wants to do textile work, those aren't really worth bringing back but high tech industries, for the security of the US should be in America, plus they would be high paying jobs. Quick rundown and I'm trying to remember off the top of my head, you need to heavily invest in research and development, subsidize industries, offer tax incentives, loan guarantees, educate workers for these high skill positions etc., Trump is offering absolutely none of that, bullying other countries and trying to force US companies back won't be done by only tariffs, that's actually punishing our own population, bro. The fed needs to spend a lot for this to happen but it's worth it, also we're far behind in infrastructure, that needs to change. Tax cuts for the rich is insane and it's doing the complete opposite.
I'll try to find the video, it's long but it's really thorough, using historical and recent examples of countries doing just that. We need to move away from being a consumer based economy, we spend more than what we produce, and it's not even close. That's what frustrating, I don't want us to lose this trade war but we do not hold the stronger cards in this and we're doing jack shit in strategies that actually have been proven to work...what Trump is doing raises the risk of a depression so bad it'll be back to 1930s America all over again...but then again, this is what late stage capitalism looks like.
[QUOTE=TheMan;14995008]That's the problem, bro. There are experts in these fields, I'm not gonna go against what the best economic/financial gurus best advice based on gut instinct, like the Idiot In Chief.
Anyways back to reality...[/QUOTE]
I specifically asked you to respond [B]in your own words[/B] because I didn't want you to just seek some random blog or YT video out of desperation in order to make your point for you. And yet even when tasked with this simple request, you couldn't resist.
So in other words, as expected, your entire argument isn't even your own. You couldn't even parse out the information and explain it in layman terms. It's just someone else telling you what to think.
I see you edited your post.
[QUOTE=TheMan;14995008]I saw a great video a while back by a top economist, can't recall his name but in a gist, tariffs won't do shit bringing back jobs, the government needs to target what industries they want back, nobody in America wants to do textile work, those aren't really worth bring back but high tech industries for the security of the US should be in America, plus they would be high paying jobs. Quick rundown and I'm trying to remember off the top of my head, you need to heavily invest, subsidize, offer tax incentives, loan guarantees, educate workers for these high skill positions etc., Trump is offering absolutely none of that, bullying other countries and trying to force US companies back won't be done by only tariffs, that's actually punishing our own population, bro.
I'll try to find the video, it's long but it's really thorough, using historical and recent examples of countries doing just that. We need to move away from being a consumer based economy, we spend more than what we produce, and it's not even close. That's what frustrating, I don't want us to lose this trade war but we do not hold the stronger cards in this.[/QUOTE]
Lmao.
First you insist that Trump just wants to cut taxes for his billionaire buddies and it's so terrible, but in the next breath you insist we should give those same billionaires tax incentives and loan guarantees so they keep their production in house. Which is it?
:oldlol:
Newsflash genius, so long as it's cheaper to produce goods out of the country, people are going to take advantage of that. And if you would rather America invest in it's own infrastructure, why wouldn't you want us to use outside money? You're complaining about spending cuts but again in the next breath you want us to just invest all this money. Where is it coming from?
Please,[B] in your own words.[/B]
Dude, the tax incentives I'm talking about aren't tax cuts to the rich like Trump and the GOP want. The tax incentives I'm talking about have a purpose, bringing back jobs and requires employers paying US workers good wages. Tax cuts today don't require any of that, it's supposed to encourage trickle down economics but that neoliberal economic plan has been a complete and utter failure.
And if I'm parroting others words, I'm using reliable sources from economists that have studied countries that effectively grew industries in their countries. Your parroting a doofus who bankrupted casinos :oldlol:
[QUOTE=Baller234;14995009]I specifically asked you to respond [B]in your own words[/B] because I didn't want you to just seek some random blog or YT video out of desperation in order to make your point for you. And yet even when tasked with this simple request, you couldn't resist.
So in other words, as expected, your entire argument isn't even your own. You couldn't even parse out the information and explain it in layman terms. It's just someone else telling you what to think.[/QUOTE]
sounds like lakers_1987 tbh.
[QUOTE=TheMan;14995014]Dude, the tax incentives I'm talking about aren't tax cuts to the rich like Trump and the GOP want. The tax incentives I'm talking about have a purpose, bringing back jobs and requires employers paying US workers good wages. Tax cuts today don't require any of that, it's supposed to encourage trickle down economics but that neoliberal economic plan has been a complete and utter failure.
And if I'm parroting others words, I'm using reliable sources from economists that have studied countries that effectively grew industries in their countries. Your parroting a doofus who bankrupted casinos :oldlol:[/QUOTE]
Yea sorry, you're not making any sense whatsoever. You can talk in circles all you want, it's not gonna work.
Large corporations already receive significant tax incentives from federal, state and local governments. Just look at Amazon. They get all sorts of tax incentives and tax abatements because they create so many jobs and provide such a boost to the local economy. How is that any different from what you're proposing? You're saying the solution is give these corporations MORE incentives? That's gonna solve everything?
:oldlol:
Also, while we're at it, I'm not sure what you hope to achieve by trying to paint Trump as some sort of failed businessman. That would be like trying to paint Michael Jordan as a failed basketball player. He's one of the most successful businessmen of our time. I know you have an irrational hate boner for Orange Face but you really strip yourself of all credibility when you say stupid things like that.
Trump is behind countless business ventures. He has his hand in real estate all across the globe, golf courses, resorts, entertainment and media, branding and licensing, etc. I'd say he's done pretty well for himself but you would rather hyperfocus on his failures. Again that would be like criticizing Michael Jordan in a game because he didn't make every shot and only went 14/20.
It reveals that more than anything, your opinion and your worldview isn't really informed by facts or logic, but rather your seething hatred of Orange Face because you think he's the antichrist.
In a proper capitalist society, textile work would pay well. It would involve high tech equipment, but since it is necessary, people would get paid from it. Just like welders and plumbers make decent money now if they do it well. You have to get rid of the export it to slave labor option. Just like you gotta get rid of the exploit migrants option. Things need to be re-valued, and the good part about a tariff (alho I’d prefer it be toward the company selling not buying) is that it decreases the profit by doing such. There should be humanitarian tariffs at least.
Dunno how this whole trade war is gonna work out, but we do need to make our own stuff. Keeping people who live in tiny apartments and paying them dog shit here seems more responsible than them getting slaved overseas, but the cost to even be alive is more here. Why? Our economy is more balanced, simply. The value of work should be roughly equal in the ideal. The difference would be resources and technology.
-Smak
[QUOTE=Baller234;14995009]I specifically asked you to respond [B]in your own words[/B] because I didn't want you to just seek some random blog or YT video out of desperation in order to make your point for you. And yet even when tasked with this simple request, you couldn't resist.
So in other words, as expected, your entire argument isn't even your own. You couldn't even parse out the information and explain it in layman terms. It's just someone else telling you what to think.[/QUOTE]
Hes messycan. They never do their own homework
[video=youtube_share;NLYedVBviu0]https://youtu.be/NLYedVBviu0?si=aFITzkfcTTXiLW39[/video]
:roll:
We win again fam :lol
[QUOTE=Baller234;14995001]Okay so enlighten us then since you're the expert. How does America bring back manufacturing?
In your own words.[/QUOTE]
You don’t. You delegate manufacturing to Bangladesh and Vietnam and focus on value added industries like ai, chips, energy, finance etc. Why do you think Nike wants to open sweatshops in these countries but keep their base of operations in a much more expensive country like the US? Because stability is worth the extra cost. If we keep playing grab-ass with tariffs it will hurt our credibility and stability and dissuade domestic investment in the long run.
I can't even imagine how embarrassed warriorfan is right now, being a devout Trumptard and all.
So much winning. India & Vietnam coming to us is huge.
[video=youtube;doBucvQMbZ8]https://www.youtube.com/watch?v=doBucvQMbZ8[/video]
[video=youtube;Rcfma8F1-ZE]https://www.youtube.com/watch?v=Rcfma8F1-ZE[/video]
[QUOTE=TheMan;14995350][video=youtube_share;NLYedVBviu0]https://youtu.be/NLYedVBviu0?si=aFITzkfcTTXiLW39[/video]
:roll:
We win again fam :lol[/QUOTE]
You will always be a dirty beaner.