Hillary's plan has been scored by Independent think tanks, and over 10 years, will add $200 billion to the national debt. Trump's plan over 10 years will add $10 Trillion MORE to the National debt, making it $30 Trillion....
If you take the National Debt seriously, then you would HAVE to support Hillary and Hillary's plan, over the Donald's plan which ADDS nearly $10 Trillion more to the National Debt than her plan.
yes. Is there now some notion that Donald will reduce the debt with tariffs?
No...tariffs will reduce the sales of companies that have left the US.
The companies come back or someone else will fill the void.
Nearly all of our RTW and accessory merchandise is made overseas, and some things exclusively, and tariffs are added to these imports, the only people paying for the tariffs are the customers themselves.....and....
And if there is no USA ability to manufacture these products for less than the tariff plus shipping and cost of goods price, there still would be no reason for the importers not raising the price of their products to cover the tariffs, due to having no competition in the USA that would make them be retail price conscious....if customers want or need something, there will be no where to get it for less, so prices will simply go up for all of us, on most of our purchases and the businesses importing won't be hurt a bit....or not enough to make them come home...
When I was buying shoes directly from the manufactures in China, the average woman's cost around $6 a pair, and only half of the price was labor, plus owner's profit and the rest was the cost of materials...
now, on that $6 we had to add freight/shipping and Duties/Tariff costs....We usually placed a shipping container's worth at a time per vendor....and when we estimated what we would label as the "Landed Cost" for the shoes, would be the vendor's price sold to us, plus 10% more for freight/shipping and if the shoe were leather another 17% in tariff duties, and if it were fabric, then 27 1/2% more and if the shoe was mostly polyurethane then the duty was only an additional 6% of costs in tariff duties....so we still landed in the USA, the pair of shoe if leather, for $7.62 including these tariffs and freight costs....if this woman's shoe was bought from a USA vendor at the time, it would have been $15.00 at wholesale.
there was, (when I was Buying for a Brand and for department stores) so so so so so so so so much savings in the cost of the product by purchasing it in a place like China, even with high tariffs on the product, the savings was still greater than having them made here in the USA, thus all the shoe factories making shoes in the USA closed, hundreds and hundreds of them, mostly in the 70's and 80's....I think their might be 5 Brands that still make some of their products in the USA....with maybe 10 small line shoe factories in all of the USA now....
Back then shoes made in the USA were at least $15-$20 more a pair at retail, for the same quality of product....and even lesser quality because all of the factories in china had all upgraded their factories with the help of the USA VENDOR'S ADVICE on how to increase their productivity. This retail saving, mostly went in to your pockets, the consumers....that's the truth, not so much more in to the company's profit margin, but more in profit dollars due to the increased sales from having the shoes at a lower retail price than they would have been if we continued to make shoes in the USA....the better the value, the more pairs we sold.
I've been out of the Industry and work force for a bit now, but this is how it was when I was working and the whole shoe industry is this way.... yes, factories were overseas, but lots of people running retail divisions, and lots of accountants and comptrollers to handle the Letter credits required to purchase overseas, and lots of people buying different leathers and lots of people buying whole sale and their assistants,and long shore man, AND Distribution Center workers, and a whole shebang of infrastructure workers all still worked here in the USA...
plus lot's and lots and lots and lots of money has been spent on these shipping ports to automate them bringing more productivity and ease of loading and unloading and getting the goods to trains or truckers as fast as possible...
this is much more complicated than meets the eye...it truly is....