Spreaders of Conspiracy Theories: Unmasking the Motivations Behind the Lies

[rooster59]

Trump says new trade orders set stage for manufacturing revival

 

U.S. President Donald Trump attends a meeting at the White House in Washington, U.S., March 31, 2017. REUTERS/Jonathan Ernst/Files

 

WASHINGTON (Reuters) - U.S. President Donald Trump on Friday directed his administration to review U.S. trade deficits and clamp down on countries that abuse trade rules in two executive orders he said would start a new chapter for U.S. workers and businesses.

 

"Today I'm signing two executive orders that send this message loud and clear, and that set the stage for a great revival of American manufacturing," Trump said in the Oval Office.

 

"We're going to get these bad trade deals straightened out," Trump said.

 

 

-- © Copyright Reuters 2017-04-01

[jerojero]

Sure. Restart high cost manufacturing in USA instead of low cost China, and American consumers, that is, the Voters, will pay far higher prices for everything repatriated from China. No one currently supporting Trump seems to clue into this economic reality. Wait until all prices jump by 10 or 20%, then see how popular Trump will be.

 

 

 

 

 

 

[maewang99]

except this is 2017.... manufacturing doesn't mean jobs in the same way it used to...

and not only that.... take auto parts.... Bangkok is home to the world's biggest automotive airbag fabric plant.... and what new airbag fabric capacity there is for North America... is coming on stream in Mexico.. and ain't changing because of Trump. 

those ain't things you just change with executive orders...

and wait till he finds out what Thailand does with it's surplus.... avoids bids on the Baht by buying US Treasuries. and if the CA surplus is diminished... the Baht goes down and that cancels out anything Trump can ever come up with.

 

sorry, it's a Catch 22 all the way around.... he really believes he's our first and only "not stupid" president.... the Twitter president.

 

Edited April 1, 2017 by maewang99

[elgordo38]

3 hours ago, rooster59 said:

that set the stage for a great revival of American manufacturing,"

I think there is some truth in this low wage jobs will abound. The Chinese are already on board offering jobs pay 10 to 15 bucks an hour. I think I was making $12 an hour when I retired 24 years ago. Yes Donald quality good paying jobs for sure. 

[elgordo38]

2 hours ago, jerojero said:

Sure. Restart high cost manufacturing in USA instead of low cost China, and American consumers, that is, the Voters, will pay far higher prices for everything repatriated from China. No one currently supporting Trump seems to clue into this economic reality. Wait until all prices jump by 10 or 20%, then see how popular Trump will be.

 

 

 

 

 

 

Another Tylenol moment. 

[Saladin]

Regarding international trade, our illustrious leader wants to level the playing field so that the US can redress the problem of all the American jobs that have been "stolen" and thus get a bigger slice of the pie. It's quite simple - just reduce American salaries to the levels of those paid in Asia - problem solved!

[sirineou]

 After WW2 the worlds manufacturing capacity was destroyed  and the slack was taken over by the US economically and militarily..

As the rest of the world dug them selves out of the WW2 and continuing cold war mess, they took back their share of the "slack" and the US lost their proportion of their economic pie share, but refused to give up their military share, thus entering in deficit spending , borrowing vast amounts and neglecting their infrastructure and social programs..

So let's see what the strategy to improve the situation is now.  Increase military spending, reduce social programs, neglect the environment,. cut tax revenue, and borrow even more to pay for military and infrastructure improvement. 

What could go wrong with that? 

I will be 60 years old this june, if I live to be 80, I have maybe an other 20 years, How about I borrow a bunch of money to make my 20 years more comfortable and let my children pay for  it after I am gone .Isn't it that what every good parent does?

[lungmi]

First step for the high class of ignorant specialists of the White psychiatric House would be basic studies of arithmetrics.  Second step would be to place the 100 lacking officers at the place at the commerce  secretary. Where they can develop some idea.

[Dumbastheycome]

11 minutes ago, sirineou said:

 After WW2 the worlds manufacturing capacity was destroyed  and the slack was taken over by the US economically and militarily..

As the rest of the world dug them selves out of the WW2 and continuing cold war mess, they took back their share of the "slack" and the US lost their proportion of their economic pie share, but refused to give up their military share, thus entering in deficit spending , borrowing vast amounts and neglecting their infrastructure and social programs..

So let's see what the strategy to improve the situation is now.  Increase military spending, reduce social programs, neglect the environment,. cut tax revenue, and borrow even more to pay for military and infrastructure improvement. 

What could go wrong with that? 

I will be 60 years old this june, if I live to be 80, I have maybe an other 20 years, How about I borrow a bunch of money to make my 20 years more comfortable and let my children pay for  it after I am gone .Isn't it that what every good parent does?

It certainly seems  to be the expectation.  To  maintain  a crass  system of consumerism that oils the  corporatate  wheels the debt of "credit"  and tax are now  the proposed inheritance of even  the unborn.!

Edited April 1, 2017 by Dumbastheycome
minor detail for clarification

[landtrout]

4 hours ago, jerojero said:

Sure. Restart high cost manufacturing in USA instead of low cost China, and American consumers, that is, the Voters, will pay far higher prices for everything repatriated from China. No one currently supporting Trump seems to clue into this economic reality. Wait until all prices jump by 10 or 20%, then see how popular Trump will be.

     Given what's become abundantly evident over the course of the past few months, I'd guess that no one currently supporting Trump might reasonably be expected to be able to count to twenty, even if they were allowed to remove their shoes.

 

 

 

 

[elgordo38]

2 hours ago, elgordo38 said:

Another Tylenol moment. 

It will cost money to share Trumps vision of things. 

[sirineou]

8 minutes ago, Dumbastheycome said:

It certainly seems  to be the expectation.  To  maintain  a crass  system of consumerism that oils the  corporatate  wheels the debt of "credit"  and tax are now  the proposed inheritance of even  the unborn.!

Not only our unborn, which is reprehensible in it's self, but the whole world should be worried about the impending train wreck, because when this military juggernaut derails   the ensuing  train wreck will  not only hurt the ones on the train.

Math Problem: Train traveling at 60 miles per hour, broken bridge over the ravine 60 miles away, How long until the train falls in the ravine,?Should those at the bottom of the revive move?  and should the passengers in first class order margaritas?

[Grubster]

2 hours ago, Saladin said:

Regarding international trade, our illustrious leader wants to level the playing field so that the US can redress the problem of all the American jobs that have been "stolen" and thus get a bigger slice of the pie. It's quite simple - just reduce American salaries to the levels of those paid in Asia - problem solved!

Including your salary?

[Grubster]

5 hours ago, jerojero said:

Sure. Restart high cost manufacturing in USA instead of low cost China, and American consumers, that is, the Voters, will pay far higher prices for everything repatriated from China. No one currently supporting Trump seems to clue into this economic reality. Wait until all prices jump by 10 or 20%, then see how popular Trump will be.

 

 

 

 

 

 

Yeah and it was really stupid when Henry Ford gave massive raises to all his employees so they could afford to buy the cars they were making. Oh I forgot now most US companies would rather send the work overseas. I would gladly pay twenty percent more for US made products, if it means good gainful employment for "our" people.

[Traveler19491]

23 minutes ago, Grubster said:

Yeah and it was really stupid when Henry Ford gave massive raises to all his employees so they could afford to buy the cars they were making. Oh I forgot now most US companies would rather send the work overseas. I would gladly pay twenty percent more for US made products, if it means good gainful employment for "our" people.

 

 

While your willingness to sacrifice personally is admirable, I'm afraid it isn't shared by our fellow citizens. And that's not counting the fact that our citizens just plain can't afford such increases in prices. The problem is that increasing wages would have a lagging effect. Wages have been falling (in real dollars when inflation is taken into account) for the last several decades (http://www.pewresearch.org/fact-tank/2014/10/09/for-most-workers-real-wages-have-barely-budged-for-decades/), and your hypothetical 20% increase in prices would likely be more than enough to send many into poverty. I wouldn't count on the generosity of employers to provide "massive raises" to their workforce when that would dig deeply into profits and significantly erode their performance based bonuses. Add in the fact that retailers would likely take into account the upward movement of wages and would increase prices accordingly. The increase in wages from your "good gainful employment for 'our' people" would have to be very significant in order to have a positive effect on the current financial condition of the middle and working classes.

Edited April 1, 2017 by Traveler19491

[Presto]

That must have been the EO's he forgot to sign yesterday. He was so scared of questions asked by reporters, he just walked out of the room ..... big words, no courage  ... only twitter bluster

[vaultdweller0013]

1 hour ago, Grubster said:

Yeah and it was really stupid when Henry Ford gave massive raises to all his employees so they could afford to buy the cars they were making. Oh I forgot now most US companies would rather send the work overseas. I would gladly pay twenty percent more for US made products, if it means good gainful employment for "our" people.

Here's part of the problem. The US worker might cost $15-30/hour while the Mexican is $4-5/hour. So were not talking 10%-20% labor markup; we're talking 300% to 600%

 

Now, if labor is not a big piece of the overall cost, it could result in a 20% price difference, but in that case, almost by definition, we aren't going to see huge numbers of jobs coming back.

[anon4546543]

Ha ha, Trump signed two new executive orders. Ha, ha that will fix the international trade imbalance. All his exec orders so far have gone down the drain. At least he is supplying work to the great big government organisation that has to write these non sense bills up. Cheers Mr Trump, you are solving the worlds problems so fast. not. What a dud. 

[Pinot]

3 hours ago, landtrout said:

     Given what's become abundantly evident over the course of the past few months, I'd guess that no one currently supporting Trump might reasonably be expected to be able to count to twenty, even if they were allowed to remove their shoes.

 

 

 

 

And then we'd have to retie the laces for them. It's just not worth it. It's that viral hate of Hillary combined with abortion mind meld and conspiracy voodoo that leaves them just nuts. 

 

I try to be understanding, but I've got no patience for Trumpeteers at this point. Or how about the people that go on about how insane Trump is and then tell you how much they hate Hillary! You can't have it both ways! Either she should have been elected or <deleted>. People find out I'm American and just launch the Trump venom. He's really accomplished a lot in a short time. 

 

“Never underestimate the power of stupid people in large groups.” 
― George Carlin

Edited April 1, 2017 by Pinot

[fish monger]

6 hours ago, elgordo38 said:

I think there is some truth in this low wage jobs will abound. The Chinese are already on board offering jobs pay 10 to 15 bucks an hour. I think I was making $12 an hour when I retired 24 years ago. Yes Donald quality good paying jobs for sure. 

When you retired 24 years ago, you were only making $12 per hour...???

[elgordo38]

5 minutes ago, fish monger said:

When you retired 24 years ago, you were only making $12 per hour...???

Yeah times were good and a buck spent like 3 or 4 today. 

[tonray]

If he wants to fix the trade imbalance, perhaps he can ask Ivanka to stop making her stuff in China and marking it up to sell here,.

[pegman]

Let the trade war begin. DON'T buy american 

[Srikcir]

9 hours ago, vaultdweller0013 said:

Here's part of the problem. The US worker might cost $15-30/hour while the Mexican is $4-5/hour. So were not talking 10%-20% labor markup; we're talking 300% to 600%

 

Now, if labor is not a big piece of the overall cost, it could result in a 20% price difference, but in that case, almost by definition, we aren't going to see huge numbers of jobs coming back.

Foreign manufacturers also have another tool that has been used successfully by American manufacturers to reduce their reliance on costly labor : automation.

 

China's factories now compete less on cheap labor and more on advanced technology.

https://www.bloomberg.com/view/articles/2017-02-06/trump-s-trade-war-with-china-won-t-boost-jobs

 

So while foreign labor continues to make the same low wages, foreign manufacturers can reduce their workforce and cost of manufacturing to beat any resurgent American manufacturing. And maybe even pay higher wages that would increase foreign domestic consumption and greater GDP growth!

[jerojero]

except this is 2017.... manufacturing doesn't mean jobs in the same way it used to...

and not only that.... take auto parts.... Bangkok is home to the world's biggest automotive airbag fabric plant.... and what new airbag fabric capacity there is for North America... is coming on stream in Mexico.. and ain't changing because of Trump. 

those ain't things you just change with executive orders...

and wait till he finds out what Thailand does with it's surplus.... avoids bids on the Baht by buying US Treasuries. and if the CA surplus is diminished... the Baht goes down and that cancels out anything Trump can ever come up with.
 
sorry, it's a Catch 22 all the way around.... he really believes he's our first and only "not stupid" president.... the Twitter president.

 

But, but, but.... Trump is bringing back to America, all high paying good manufacturing jobs. He said so, must be true!

[smotherb]

17 hours ago, maewang99 said:

except this is 2017.... manufacturing doesn't mean jobs in the same way it used to...

and not only that.... take auto parts.... Bangkok is home to the world's biggest automotive airbag fabric plant.... and what new airbag fabric capacity there is for North America... is coming on stream in Mexico.. and ain't changing because of Trump. 

those ain't things you just change with executive orders...

and wait till he finds out what Thailand does with it's surplus.... avoids bids on the Baht by buying US Treasuries. and if the CA surplus is diminished... the Baht goes down and that cancels out anything Trump can ever come up with.

 

sorry, it's a Catch 22 all the way around.... he really believes he's our first and only "not stupid" president.... the Twitter president.

 

A bigger problem is the Trumpster's ignorance of diplomacy and politics. His deal making skills in business don't seem to translate well into politics. What's his average on the executive orders to date?  

[Saladin]

All right - how about this? If El Presidente won't cut American salaries to those paid in Asia he could simply persuade all the Asian leaders to increase their minimum wages from $1 per hour to $10 per hour - that should do it.

[thaihome]

US manufacturing is at its highest level of output in history. The problem is it requires millions of less workers to to so. This is called increasing productivity.  The issue is not lack of US manufacturing,  but growing income inequality. 

TH 

 

[ilostmypassword]

8 minutes ago, thaihome said:

US manufacturing is at its highest level of output in history. The problem is it requires millions of less workers to to so. This is called increasing productivity.  The issue is not lack of US manufacturing,  but growing income inequality. 

TH 

 

Since some time in the 1990s virtually all the extra income generated by productivity increases has gone to the 10 percent and mostly to the 1 percent.  The only real answer is redistribution via much bigger subsidies for such things ashealth care or a single payer system, and access to much cheaper higher education. 

[Srikcir]

21 hours ago, rooster59 said:

"Today I'm signing two executive orders that send this message loud and clear

I'd believe it more if he tweeted it at 3am. At least you know he's the sole author.