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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (23773)4/2/2025 2:21:11 PM
From: robert b furman  Respond to of 26439
 
Net result will be lower taxes.

The Dem's have been screaming inflation inflation.

Another 80/20 that they are on the wrong side of. They never mention the other world that Trump says with "Tariffs" and that is "Reciprocal".

My bet is even Euroland will quit howling and decide to drop tariffs.

They need to sell into the US more than most.

Bob



To: Kirk © who wrote (23773)4/2/2025 2:42:00 PM
From: Elroy  Read Replies (1) | Respond to of 26439
 
I used to think it was our high taxes that forced companies to leave the US, but I think another issue is they move to China (and other countries) to avoid import tariffs on US goods sold there.

Really?

I thought the absolute biggest driver of US manufacturing moving to China was labor cost.

US factory workers were earning $20+/hour, plus benefits, with unions always fighting for more.


Chinese (25+ years ago) were happy to have $30 per day jobs, six days a week, with no unions and no labor power.


I thought that was the reason manufacturing left every developed country and moved to China.

The Chinese are now tapped out of "cheap labor" due to their foolish one child policy (now revoked, but come on, it takes decades to grow a laborer!!), but that was the driver.

What I don't get is manufacturing jobs suck. Working in a factory is brain numbing uninteresting repetitive soul crushing work. Who wants to do that?


Given the choice of walking around a Walmart or a Home Depot chatting with people, stocking shelves and doing whatever is in front of you sounds way better than doing the same 58 second bumper pre-installation preparation process for 8 hours a day. I worked in Toyota City in Japan doing that for a month in about 1989. That month was plenty, don't wanna do it again.



To: Kirk © who wrote (23773)4/2/2025 6:13:17 PM
From: berniel3 Recommendations

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