Trump's New Humanitarian Streak--Foreign Aid at Businesses Expense

[Earth Wind and Fire]

Yes, in doing that we should at the very least be capitalizing on their success. Where's the ROI?

But we also hurt ourselves with unions and expanded nationalization (not to be confused with nationalism).

Explain nationalization

 

[RighteousnessTemperance&]

Would that that were so. I worked for a guy in NY who built safety equipment and for years in NY... Brooklyn to be exact. He paid dearly for that decision as all his competitors ate his lunch by building off shore. Ole man Bush visits him personally and introduced him to this NAFTA plan.... so he shifts much of his manufacturing to Mexico. His hallway was adorned with pictures of him on a donkey with a sumbrao and poncho and smiling Mexicans all around him. But wait, all his competition moves to China and is still eating his lunch (now a rice & bean taco). So if he is now making something in Mexico for $10.00 the Chinese are making it for $1.00. Hard to compete. But my boss doesn’t like the Chinese, he comments that they are not honorable people so he travels to Vietnam and comments that business is booming... only the unions would never permit him to buy & sell Vietnam’s goods. So what can he do, why he shifts to China ( like all his competitors did).

So we advance to 2019 and what’s this POTUS do by getting in a trade war? Trump now forces this guy to begin moving to Vietnam, Cambodia, maybe Mexico once again.

Okay, I'll bite. Why would the unions favor China over Viet Nam? Do they imagine the Chinese communists (think North Korea) are a lesser enemy than the Vietnamese communists? But, yes, I believe they would be that stupid. Why should they be the exception?

 

[RighteousnessTemperance&]

Explain nationalization

"Nationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or assets owned by lower levels of government, such as municipalities, being transferred to the state." --from Wikipedia

Perhaps the term federalization should be added to take in the entire category.

 

[Earth Wind and Fire]

Okay, I'll bite. Why would the unions favor China over Viet Nam? Do they imagine the Chinese communists (think North Korea) are a lesser enemy than the Vietnamese communists? But, yes, I believe they would be that stupid. Why should they be the exception?

That was his commentary not mine. Perhaps more union reps were former military and fought in Vietnam.

 

[Reynolds]

The town I grew up with in eastern Pa was full of underground coal mines, lots of coal dust, lots of above ground smoldering ash piles, lots of asthma, lots of black lung. When you went outside there was Ashes on the ground, the air quality was bad and still is. The river beds were coated with residue from dumping and fish were no longer evident. Then there was miners cough, very pronounced in the mornings before the miners went to work.

Most definitely. That was in the dirty days of mining. PPE is now 100% efficient at trapping silica. The loaders, dozens, trucks, etc. now have hepa filtered cabin air.
Farming, all mining, all natural stone production, concrete work, all expose workers to high levels of silica if appropriate measures are not followed.
Everyone still wants their concrete. They still want their tile. They still want their sheet rock walls. They want their stone and quartz counter tops. They want food to eat that is grown in dirt. They want gold, silver, platinum, Palladian, lead, copper, aluminum. You name it, extracting it from the ground exposes workers to silica and processing it exposes them to silica. We now have excellent PPE. Why stop now that it is safe? Underground coal mining is now the exception and not the rule. It has to be some super pure stuff to be worth chasing a vein underground.
The silver and gold mines that are necessary for solar are much nastier than modern coal mines.

 

[Reynolds]

Would that that were so. I worked for a guy in NY who built safety equipment and for years in NY... Brooklyn to be exact. He paid dearly for that decision as all his competitors ate his lunch by building off shore. Ole man Bush visits him personally and introduced him to this NAFTA plan.... so he shifts much of his manufacturing to Mexico. His hallway was adorned with pictures of him on a donkey with a sumbrao and poncho and smiling Mexicans all around him. But wait, all his competition moves to China and is still eating his lunch (now a rice & bean taco). So if he is now making something in Mexico for $10.00 the Chinese are making it for $1.00. Hard to compete. But my boss doesn’t like the Chinese, he comments that they are not honorable people so he travels to Vietnam and comments that business is booming... only the unions would never permit him to buy & sell Vietnam’s goods. So what can he do, why he shifts to China ( like all his competitors did).

So we advance to 2019 and what’s this POTUS do by getting in a trade war? Trump now forces this guy to begin moving to Vietnam, Cambodia, maybe Mexico once again.

Vietnam, Mexico, and Cambodia are not trying to builds the world's strongest offensive military. None of this is about money. It is about China's military build up.

 

[Reynolds]

Have you studied Demmings?

Have you studied what they make? They manufacture under license of foreign patents. They knock off patents. They infringe patents. They even use expired patents. They are not innovators.

 

[Earth Wind and Fire]

Have you studied what they make? They manufacture under license of foreign patents. They knock off patents. They infringe patents. They even use expired patents. They are not innovators.

Bingo, they are not innovators...rather they are slave drivers. We would have been better off with Jap manufacturing, at least the quality was better.

But the horse is outa the gate. American greed is paramount. If Trump hurts these companies, he will be left with a big hole in his foot.

 

[MartyF]

Bully for Cambodia and Vietnam and Mexico. Not so good for U.S., manufacturers who have built their business around Chinese goods.

Oh noes! They will no longer be able to support slavery and the oppression of Christians in China! This is so sad . . .

So, they will have to shift their manufacturing to another country . . . the horror!

 

[MartyF]

The USA gave that up right after WW2. Flooded both the Japs and the Germans with tons of money and taught them Demmings quality principles so they could compete with us. So we go from Japanese manufacturing to Chinese then to Vietnam then next to Cambodian yada yada .... maybe will get back here when we are so economically irrelevant that we compete with the Pakistani.

You don’t seem to know what happened in history. Germany and Japan set up protective tariffs to encourage budding industries. When they improved to the point of being sold to the U.S. audience, they then subsidized these industries to flood the U.S. market and erode the manufacturing base.

 

[MartyF]

Wonderfully government subsidized

Everyone is subsidized. The question is only a matter of extent.

 

[Earth Wind and Fire]

Oh noes! They will no longer be able to support slavery and the oppression of Christians in China! This is so sad . . .

So, they will have to shift their manufacturing to another country . . . the horror!

Not really but the pattern has been established. Now there will be slaver and oppression of Christians in whatever countries they choose. You will never be able to convince electronics manufactures to change ... they will just jump someplace else.

 

[Earth Wind and Fire]

Everyone is subsidized. The question is only a matter of extent.

No kidding

 

[Reynolds]

Bingo, they are not innovators...rather they are slave drivers. We would have been better off with Jap manufacturing, at least the quality was better.

But the horse is outa the gate. American greed is paramount. If Trump hurts these companies, he will be left with a big hole in his foot.

So., your opinion is it needs doing, but the fallout is too high?

 

[Earth Wind and Fire]

Vietnam, Mexico, and Cambodia are not trying to builds the world's strongest offensive military. None of this is about money. It is about China's military build up.

Tell that to the guys (formally called manufacturers) who market the crap. Let’s see what happens.

 

[Earth Wind and Fire]

So., your opinion is it needs doing, but the fallout is too high?

Without a plan that benefits the ah manufacturer (actually the Chinese goods vendor), yes!

Let’s see if The Trump administration comes up with a plan.

 

[Reynolds]

Without a plan that benefits the ah manufacturer (actually the Chinese goods vendor), yes!

Let’s see if The Trump administration comes up with a plan.

It can't benefit the Chinese manufacturer long term.

 

[Earth Wind and Fire]

You don’t seem to know what happened in history. Germany and Japan set up protective tariffs to encourage budding industries. When they improved to the point of being sold to the U.S. audience, they then subsidized these industries to flood the U.S. market and erode the manufacturing base.

I know what happened....shame on us for even supporting them. If it was me every Nazi caught would have been executed any every Jap who tortured and killed Americans would also be dispatched similarly. And since you know history, do you recall Sulla’s revenge to his enemies and CatoThe Elders opposition to Carthage’s trade growth... Ceterum censer delendam Carthaginem — “Besides, I think Carthage must be destroyed.”

 

[Earth Wind and Fire]

It can't benefit the Chinese manufacturer long term.

I’m not asking it to...in fact it should be scorched earth policy for the Chinese economy. I’m saying compensate the stupid American vendors away from reliance on Chinese goods to something we could benefit from as Americans. Can Trump do that is the question.

 

[Earth Wind and Fire]

As for me, I would like to see all these Chinese junk stores go under. Walmart has the capital to switch to alternate vendors for their goods but these Dollar Stores,Pier One, Christmas Tree stores etc are questionable.