1. I've heard no policy proposals the he plans to address high wages.With Trade and Immigration his plate is pretty full already.
He made the comment that wages were too high when he was discussing how American businesses can be competitive once more.
Trump doubles down on debate claim: ‘Wages are too high’
Obviously if the comments come during his speech on returning competitiveness, it's clear what the inference is. Trump's not big on plans (or at least divulging them) anyway.
2. Or they could try to figure out how to manufacture here. You know where maybe they can't pay 3 dollars a day for labor. Personally, i believe that if they actually TRY, they can probably find a way. And people will still buy crap.
Pure fantasy.
3. As domestic manufacturing increases, more people have better paying jobs, able to buy more and pay more taxes.
Do you honestly believe that any company (much less multiple companies) will take the risk of building a factory, hiring workers, training workers, locating, procuring, and taking delivery of tons of raw materials, and then have their entire enterprise wiped out if the tariff (in which they have no control of) is suspended or cancelled or reduced?
Oh, and by the way, a lot of the raw materials will need to be imported too....and subject to the tariff.
4. Or while Chinese stocks fall, the stocks of US manufactures rise.
Pure Fantasy.
And when the US tries to sell abroad...what do you think will happen to US Products? Wal Mart (by itself) has over 400 stores in China alone (more than it has in any single US State!!!). There goes their sales; imagine Wal Mart losing every consumer in Texas and California--that is the impact we're talking about.
GM and Ford sold about 12 million vehicles in China:
GM, Ford China sales rise in March
At $20-$30 thousand a unit translates into about $10,000,000,000 wiped off of Detroit's books.
And you don't think that is going to hurt the stock market?
5. Well, maybe we should be depending on the Red ******* Chinese to fund our government anyways.
Americans want more government than they are willing to pay for. It knows no party or ideology.
6. Old Man. These Trade Deficits of ours have turned Japan and South Korean into First World Nations, and China into the world's second largest economy. If that wealth is so useful to other nations, keeping it here should have some positive effects for US. Trying it the other way hasn't been working out so well for US.
Donald Trump and his confederates have been doing pretty well--he's "very rich" you know. What's the matter?