Trump Again Claims Tariffs Will Result in Large Income Tax Cuts

[jc456]

It's the expensive, proprietary and critical manufactured goods, that should be brought back here, which can support and afford American labor....

The cheap stuff can stay in China....we could never pay Americans a decent salary to make that throw away, disposable crap we buy....it would likely be automated here anyway.... Imo.

what cheap stuff is that?

 

[Zincwarrior]

and?

Unless you want to go back to a time before a military, airports, highways, medical service etc. that won't work. Its not 1900.

 

[postman]

Naddaq us up in APR now? You can't hate the dirty media enough.

Few percent market fluctuations expected. It happens. I can live losing 3% YTD in 401K for the uptick later.

More like 10%-15% YTD.
With breakeven not expected for years.

 

[postman]

Maybe not iPhones or clothing, but semiconductors and vehicles.

Except the parts for the vehicles will still be imported.

 

[postman]

what products would that uninhabited island be selling here?

I think that's the point.

His tariff calculations include money from places we don't import anything from.

 

[ThisIsMe]

The tariffs are an issue right now, I know this. The question i have is, what would be the cost of doing nothing? I mean long term, the cost of letting other countries tariffs us, the cost of not trying to restart manufacturing in the US?

 

[postman]

Labor intensive assembly. If robots can assemble them then fine, move that factory here to avoid tariffs.

Just guess where we import most of our robots from?

 

[leftwinger]

More like 10%-15% YTD.
With breakeven not expected for years.

BS. Maybe if you're all in APPL. Both IRA, 401K (diversified) ~3%-4% down last Fri when I looked. I sometimes look everday. Most I saw this year was -11%. Yes it came back. Fairly quickly off that low.

 

[leftwinger]

Except the parts for the vehicles will still be imported.

Not all and that's the plan. Make them here as now it's cost efficient.

 

[Harry Dresden]

firing all government workers gets us close.

trumps unemployment numbers would not look very good if he did that....

 

[jc456]

I think that's the point.

His tariff calculations include money from places we don't import anything from.

So?

 

[Zincwarrior]

The tariffs are an issue right now, I know this. The question i have is, what would be the cost of doing nothing? I mean long term, the cost of letting otjer countries tariffs us, the cost of not trying to restart manufacturing in the US?

We had 4% unemployment and the strongest GDP on the globe. You can work on tariff imbalances, but don't throw out the baby with the bathwater. Again why tariffs on Canada and Mexico? We have agreements with them now - that TRUMP NEGOTIATED.

 

[jc456]

trumps unemployment numbers would not look very good if he did that....

So losing tax revenues is better? More than 80% would have a new job in months. Stop hiring with our tax dollars.

I find it ironic that demofks are concerned about no corporate tax policy but are in on losing more tax money on government jobs. Hilarious

 

[leftwinger]

So?

Well if someone ever opens up a factory there, we are ready..

 

[leftwinger]

We had 4% unemployment and the strongest GDP on the globe. You can work on tariff imbalances, but don't throw out the baby with the bathwater. Again why tariffs on Canada and Mexico? We have agreements with them now - that TRUMP NEGOTIATED.

Stupid swine. We had $2T/yr lost wasted stolen and you think things were good?

 

[Harry Dresden]

So losing tax revenues is better? More than 80% would have a new job in months. Stop hiring with our tax dollars.

I find it ironic that demofks are concerned about no corporate tax policy but are in on losing more tax money on government jobs. Hilarious

what kind of jobs would they get in a few months?....part time?...minimum wage?....just wondering...

 

[jc456]

We had 4% unemployment and the strongest GDP on the globe. You can work on tariff imbalances, but don't throw out the baby with the bathwater. Again why tariffs on Canada and Mexico? We have agreements with them now - that TRUMP NEGOTIATED.

Government jobs hurts the economy. No new money. Why else did creepy print trillions? You know fking nothing

 

[jc456]

what kind of jobs would they get in a few months?....part time?...minimum wage?....just wondering...

There are five million jobs available right now

 

[ThisIsMe]

We had 4% unemployment and the strongest GDP on the globe. You can work on tariff imbalances, but don't throw out the baby with the bathwater. Again why tariffs on Canada and Mexico? We have agreements with them now - that TRUMP NEGOTIATED.

Agreed, and he walked those back, right?

I agree the 10% across the board is wrong, and i agree that this needs to be handled delicately, but it does need to be handled.

Countries like China who steal our patents, manipulate their currency and imposed tariffs on us, shouldn't we fight back on that?

 

[Billiejeens]

The Freedom Caucus needs to brutally cut spending or we are toast.

Again
The Freedom Caucus is a small minority
With no real power.