| | | No problem.... I'm enjoying the polite discussion of trade deficits.
I'm split on the issue but as a patriot, I hope Trump is successful for the good of the country. I think anyone who hopes he fails just to "prove he's an ass" or worse, is an ass wipe that should leave the country and never come back.
China looks at making jobs to build cities or electronics almost as we look at welfare payments. The difference is they get something for it, trained workers who only eat if they work while we get riots if the goodies are shut off or if the police, border patrol or other law enforcement agencies enforce the laws.
So, if we get $100 worth of steel for $50 and use it to make a washing machine with a nice profit margin, why not take all the subsidized steel we can get?
How do you compare sending high value chips to China for assembly at $2/hr then selling for an obscene markup by Apple to make the most money of any company in the World with sending us steel below cost?
It seems the same with autos. If Mexico can get workers to build them at $5/hr then we should build all we can there and let them worry about their retirement and health care... but we need closed borders to not let them come here to get the goodies.
This is ALL very cold but it is EXACTLY what Trump's critics want to continue. They want highly profitable US companies like Apple, Walmart, Macy's, Trump Ties, etc. that pay them speaking fees and campaign contributions to continue to profit off the backs of foreign AND US workers. |
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