Samsung, LG may move some home-appliance manufacturing from Mexico to US

[hadit]

They are just throwing shit out there... It is not going to happen...

Mainly because their competitors are not doing it... So Sony can let Samsung and LG tkae the higher costs and they expliot them with a better product for less money...

The US consumer willb ethe one that pays..

Also, you are going to have to put tarrifs on every country in the world... How do you think that is going to go...

When you try it against EU, they won't target Blue State industries... They will be going for Red State...
Canada might even be persuaded to ship there Oil to ships to be processed in China... This is a win-win for the EU, as China would use Canadian Oil (and not Russias) and Trump can suck eggs

Not if American demand is still strong and customers are willing to pay the higher prices even though they grumble about it.

 

[pknopp]

Not if American demand is still strong and customers are willing to pay the higher prices even though they grumble about it.

Especially when they lose their jobs to foreign workers.

 

[hadit]

And they are flooded with foreign students because their grade school educational system is far superior to ours, again, thanks to Democrats.



I work in a high tech industry. I am well aware of the hiring practices of high tech companies. As I have said, I have no problem equalizing pay. It isn’t fair for a person living in the US to compete with a person living in Asia or even Mexico. The problem is that many of these jobs are remote only and that raises more issues in terms of pay and cost of living. Should a US citizen living in San Francisco get paid more than a person living in Mississippi for remote work? What prevents a person living in San Francisco from moving after being hired, along with their higher pay check? I’m not sure of the best way to resolve these discrepancies.

This is what happens when geography is no longer the determining factor setting wages and because of that the American worker has to bring something to the table that justifies their higher salary demands. English as their native tongue helps, as does a native understanding of American culture. Living in the same time zones makes meetings easier, but to justify double the wage a foreign worker demands requires excellence that they can't match, and that's not easy to do. We have to be able to demonstrate that technical expertise is not the only factor that goes into determining value. One of my strengths is my ability to translate between tech and business speak, because they really are different dialects of the same language, also to understand the needs of the business community and how I can use technology to assist it. That's not something easy for an otherwise qualified worker in Calcutta to do.

 

[hadit]

Especially when they lose their jobs to foreign workers.

Which brings us back full circle to companies setting up shop in the US to avoid the tariffs. When the companies, some American, have higher costs associated with producing their product in a foreign country, but still have high demand for their products, they move to the States to reduce their costs.

 

[hadit]

Don't look now but remote work is on the way out......I bet the traffic from the lemmings that commute into NOtVA/DC has doubled over the last week as all those NOtVA assholes that moved into my AO are enjoying their 60 mile one way commute.

Good, maybe local housing prices/assessments will go down in my AO as they choose to stay closer to work.

IT will not move back to onsite nearly as much, as data centers are no longer situated anywhere close to the office and there's no good reason to require it. I haven't been onsite at a client since before COVID hit.

 

[pknopp]

Which brings us back full circle to companies setting up shop in the US to avoid the tariffs. When the companies, some American, have higher costs associated with producing their product in a foreign country, but still have high demand for their products, they move to the States to reduce their costs.

We heard this was going to happen for four years. I'm not impressed until something actually happens.

Look at the JFK files release. Seems despite Trump's media event, it may not even happen.

 

[Marener]

Which brings us back full circle to companies setting up shop in the US to avoid the tariffs. When the companies, some American, have higher costs associated with producing their product in a foreign country, but still have high demand for their products, they move to the States to reduce their costs.

Yep. Just make Americans pay more. What could go wrong!

 

[SweetTea]

Yep. Just make Americans pay more. What could go wrong!

And yet you are onboard for corporate tax hikes. Go figure.

 

[hadit]

Yep. Just make Americans pay more. What could go wrong!

That's the only way you're going to get Americans making things again, assuming that's what you want. Sorry, but it's true, at least until the cost of automation comes down far enough, then you can get a job monitoring the machines that make what we used to pay dozens, if not hundreds to make.

 

[Marener]

And yet you are onboard for corporate tax hikes. Go figure.

That’s because I think we shouldn’t have massive deficits and don’t engage in magical thinking that you can cut taxes without making it worse.

Paying for government spending sucks, but if you’re an adult you realize it’s necessary.

 

[hadit]

And yet you are onboard for corporate tax hikes. Go figure.

That is a mystery to me. When prices go up because of tariffs, they shriek bloody murder at the politicians who imposed the tariffs and ignore the CEOs that passed the increased cost on to the consumer. When prices go up because of corporate tax hikes, they shriek bloody murder at the CEOs for passing the increased cost on to the consumer while ignoring the politicians (even praising them for sticking it to the companies) who imposed the cost increase.

 

[Marener]

That's the only way you're going to get Americans making things again, assuming that's what you want. Sorry, but it's true, at least until the cost of automation comes down far enough, then you can get a job monitoring the machines that make what we used to pay dozens, if not hundreds to make.

Americans make lots of things. We are the second largest manufacturer in the world.

Global Manufacturing Output in 2024: A Comprehensive Snapshot

Step into 2024's global manufacturing landscape with an updated list of the top 50 countries by manufacturing output. Learn about their contributions to the global economy.

cncmachines.com

 

[hadit]

That’s because I think we shouldn’t have massive deficits and don’t engage in magical thinking that you can cut taxes without making it worse.

Paying for government spending sucks, but if you’re an adult you realize it’s necessary.

Hmmm, so higher prices from higher taxes = teh good while higher prices from tariffs = double plus ungood? In both cases the politicians imposed higher costs on businesses that passed them on to the consumers.

 

[hadit]

Americans make lots of things. We are the second largest manufacturer in the world.

Global Manufacturing Output in 2024: A Comprehensive Snapshot

Step into 2024's global manufacturing landscape with an updated list of the top 50 countries by manufacturing output. Learn about their contributions to the global economy.

cncmachines.com

Yet we hear shrieks about manufacturing jobs being sent overseas. Now, what you are pointing out does not mean we have the most manufacturing JOBS in the world, just that we make a lot of stuff without having to have a lot of people doing it.

 

[Marener]

Hmmm, so higher prices from higher taxes = teh good while higher prices from tariffs = double plus ungood? In both cases the politicians imposed higher costs on businesses that passed them on to the consumers.

Higher corporate taxes are far more efficient way to fund the government than tariffs.

Consumers pay about 50% of the cost of higher corporate taxes. They can pay over 100% the cost of tariffs.

 

[Marener]

Yet we hear shrieks about manufacturing jobs being sent overseas. Now, what you are pointing out does not mean we have the most manufacturing JOBS in the world, just that we make a lot of stuff without having to have a lot of people doing it.

Yes. Shrieks. I’ve long felt that our obsession with manufacturing is misplaced.

It’s political. Done for votes.

 

[SweetTea]

That’s because I think we shouldn’t have massive deficits and don’t engage in magical thinking that you can cut taxes without making it worse.

Paying for government spending sucks, but if you’re an adult you realize it’s necessary.

Tax revenues have increased since TCJA. Supply side works. It isn't instant as tax increases are, but in the LONG term, cutting taxes(to a degree obviously) is far more beneficial to the economy and government tax revenues than raising taxes. It is a simple fact, whether you like it or not.

 

[hadit]

Yes. Shrieks. I’ve long felt that our obsession with manufacturing is misplaced.

It’s political. Done for votes.

People remember the golden age when the rest of the world was desperately trying to rebuild their capacity after being decimated by WWII and a guy could graduate high school, work the assembly line for 40 years, buy a house, send his kids to college and retire. Those days are gone.

 

[Marener]

Tax revenues have increased since TCJA. Supply side works. It isn't instant as tax increases are, but in the LONG term, cutting taxes(to a degree obviously) is far more beneficial to the economy and government tax revenues than raising taxes. It is a simple fact, whether you like it or not.

Tax revenues always go up. When did corporate tax receipts go up? Late 2020. It’s almost as if something else happened around that time. Hmmm. Could it have been the massive amount of cash that flooded the system at that time? No. It had to have been the tax cuts.

Youre totally brainwashed.

 

[Marener]

People remember the golden age when the rest of the world was desperately trying to rebuild their capacity after being decimated by WWII and a guy could graduate high school, work the assembly line for 40 years, buy a house, send his kids to college and retire. Those days are gone.

Things change. People don’t like change. Politicians get elected promising to fix things that people don’t like. They fail because there’s no way to undo change. Rinse and repeat.

Haven’t you noticed this yet?