espquade
Well-known member
Some other forum members who are small business owners are chiming in if you care to enlighten yourselves? Just click the link...
Floyd Eye
Well-known member
When Obama's policies regarding the ACA and alleged "Lead abatement" drove me out of business in 2011 guess what I did. Went and got a job.
R
Robostyle
Well-known member
Isn't this an existing thread in RT? Why bring it here?
Floyd Eye
Well-known member
J
JDs Couch
Well-known member
What do you mean by "Lead abatement?"
The Blazing Saddle
Well-known member
Woke George Lynch is interested in a mojo cab. 
Floyd Eye
Well-known member
R
Robostyle
Well-known member
Imagine not knowing what "abatement" means.Well I definitely don’t mean I ingested lead you moron.
Floyd Eye
Well-known member
He should borrow a dictionary from assplayed.
MadAsAHatter
Well-known member
I wasn't going to comment in that thread because it's in the main forum. Since the topic has migrated here...
Democrats always want to push the point of who pay's the tariffs and Trump is wrong when he says foreign companies do. We all know Trump is wrong and the importer pays the tariff. The gamble was either foreign produces or importers would absorb the cost and not pass it to the consumer. Currently they're passing the buck (kind of expected), but they may not be able to do it long term. But all this is short term and a technicality in the argument. It completely misses the core reason for tariffs. The real discussion is tariffs create a cost barrier for foreign companies to sell in the US so foreign companies have to drop their prices in order to compete in the US market. The ultimate goal is to make US produced goods more cost effective and make it easier to start domestic businesses.
The material cost to produce an item isn't going to change that much regardless of where it's manufactured. The big competition is the cost of labor and shipping to an extent. US companies just don't have the ability to compete with pennies on the dollar foreign labor vs domestic labor. The tariffs are creating a barrier so its harder for companies to contract low cost foreign labor to where they'd be more likely to build/rebuild US industries.
What people seem to fail to grasp is that this is not going to be an overnight happening. We're not going to see a direct impact overnight, but the US needs to bolster its domestic industries. This is playing the long game which is going to have a transition period. Yes, there's going to be a time frame; which we're starting to see now, where prices will go up for items that currently are not being produced in the US due to tariffs. Electronic components for amps for the example of the original thread. The two most likely things to happen here... 1. The US will build factories and produce these goods domestically. 2. Foreign companies won't sell as much and be forced to reduce prices to keep a foothold in the US market. Either case will result in consumer prices lowering.
Where we are at is the result of almost a century of moving production overseas. We have to get at minimum core industries back to the US. This isn't something where a switch can be flipped and instantaneously everything's fixed. As a country we have to work at it. The long game end result is to strengthen the US economy. Tariffs; in their core intentions, are a good start.
Another piece of the puzzle that needs to be fixed and started this whole mess stems from a court case in the early 1900's. As I mentioned in another thread... I believe it was Henry Ford wanted to reinvest profits back into his company to grow the business and pay workers a higher wage. Other entities challenged this and it went before the supreme court. The final ruling was a publicly traded company's 1st and highest priority duty is to shareholders; i.e. paying out maximum dividends. This hindered a company's ability to reinvest in itself, grow, and thereby strengthen the economy in a given industry. The unintended results were cost cutting measures like moving production overseas where labor was cheap and over time destroying core domestic industries and weakening the US economy.
All of that said, I do agree and support tariffs. I don't necessarily agree with blanket tariffs because there are certain products that the US has no choice but to import. Coffee beans being a good example. This is where I think Trump should have been a little more targeted in his tariffs. Start with the core industries needed to be brought back then spread out. That way everything wouldn't be hitting all at once and spread the transitional burden out a little. Then again, we had damned near every country on the globe pitching a TDS hissy fit; like Canadastan's elbows up bullshit, and not even wanting to come to the negotiating table. That kinda put Trump in a position of having to resort to blanket tariffs. My speculation is if countries would have decided to talk it out we would be seeing smaller scale targeted tariffs.
I also recognize that in the transition period some businesses may struggle a little. Consumers may struggle a little as well. All the more reason to create a cost barrier for foreign entities, bring production back to the US, and create good paying domestic jobs. The US economy will be all the better for it and people will end up with more money in their pocket and more buying power in the US market. It's like cleaning out and organizing decades of junk that built up in your garage. It'll be a pain in the ass for a time. You may think you're accomplishing nothing and want to quit. But then you'll hit a point where you start seeing real progress. In the end all the work and weekends sacrificed cleaning will have you in a much better place.
Democrats always want to push the point of who pay's the tariffs and Trump is wrong when he says foreign companies do. We all know Trump is wrong and the importer pays the tariff. The gamble was either foreign produces or importers would absorb the cost and not pass it to the consumer. Currently they're passing the buck (kind of expected), but they may not be able to do it long term. But all this is short term and a technicality in the argument. It completely misses the core reason for tariffs. The real discussion is tariffs create a cost barrier for foreign companies to sell in the US so foreign companies have to drop their prices in order to compete in the US market. The ultimate goal is to make US produced goods more cost effective and make it easier to start domestic businesses.
The material cost to produce an item isn't going to change that much regardless of where it's manufactured. The big competition is the cost of labor and shipping to an extent. US companies just don't have the ability to compete with pennies on the dollar foreign labor vs domestic labor. The tariffs are creating a barrier so its harder for companies to contract low cost foreign labor to where they'd be more likely to build/rebuild US industries.
What people seem to fail to grasp is that this is not going to be an overnight happening. We're not going to see a direct impact overnight, but the US needs to bolster its domestic industries. This is playing the long game which is going to have a transition period. Yes, there's going to be a time frame; which we're starting to see now, where prices will go up for items that currently are not being produced in the US due to tariffs. Electronic components for amps for the example of the original thread. The two most likely things to happen here... 1. The US will build factories and produce these goods domestically. 2. Foreign companies won't sell as much and be forced to reduce prices to keep a foothold in the US market. Either case will result in consumer prices lowering.
Where we are at is the result of almost a century of moving production overseas. We have to get at minimum core industries back to the US. This isn't something where a switch can be flipped and instantaneously everything's fixed. As a country we have to work at it. The long game end result is to strengthen the US economy. Tariffs; in their core intentions, are a good start.
Another piece of the puzzle that needs to be fixed and started this whole mess stems from a court case in the early 1900's. As I mentioned in another thread... I believe it was Henry Ford wanted to reinvest profits back into his company to grow the business and pay workers a higher wage. Other entities challenged this and it went before the supreme court. The final ruling was a publicly traded company's 1st and highest priority duty is to shareholders; i.e. paying out maximum dividends. This hindered a company's ability to reinvest in itself, grow, and thereby strengthen the economy in a given industry. The unintended results were cost cutting measures like moving production overseas where labor was cheap and over time destroying core domestic industries and weakening the US economy.
All of that said, I do agree and support tariffs. I don't necessarily agree with blanket tariffs because there are certain products that the US has no choice but to import. Coffee beans being a good example. This is where I think Trump should have been a little more targeted in his tariffs. Start with the core industries needed to be brought back then spread out. That way everything wouldn't be hitting all at once and spread the transitional burden out a little. Then again, we had damned near every country on the globe pitching a TDS hissy fit; like Canadastan's elbows up bullshit, and not even wanting to come to the negotiating table. That kinda put Trump in a position of having to resort to blanket tariffs. My speculation is if countries would have decided to talk it out we would be seeing smaller scale targeted tariffs.
I also recognize that in the transition period some businesses may struggle a little. Consumers may struggle a little as well. All the more reason to create a cost barrier for foreign entities, bring production back to the US, and create good paying domestic jobs. The US economy will be all the better for it and people will end up with more money in their pocket and more buying power in the US market. It's like cleaning out and organizing decades of junk that built up in your garage. It'll be a pain in the ass for a time. You may think you're accomplishing nothing and want to quit. But then you'll hit a point where you start seeing real progress. In the end all the work and weekends sacrificed cleaning will have you in a much better place.
Findthetone1
Well-known member
Well explained but entirely too long for the simpleton fuckwits that want to do nothing but whine that the $10 Chinese garbage they bought from Ali Express is now $12.
MadAsAHatter
Well-known member
Not my fault they're illiterate and zero critical thinking skills.Well explained but entirely too long for the simpleton fuckwits that want to do nothing but whine that the $10 Chinese garbage they bought from Ali Express is now $12.
TheBiggestJerk
Well-known member
Alex, let’s go with the category “what is the name of Greta Van Fleet’s new album?” for the daily double.
I heard it… definitely Led free… nope.
MadAsAHatter
Well-known member
@JDs Couch Would you care to offer a rebuttal with your insightful thoughts on the matter? Or are you content to just put a laugh emoji on my post like the ignorant dweeb you are?
R
Robostyle
Well-known member
He's a millionaire, he can afford to pay tariffs.
Findthetone1
Well-known member
He tends to run and hide when he posts at a certain time and I front him out about the time in "New Zealand". He'll probably stay quiet for a while.
R
Robostyle
Well-known member
Forever would be great!
G
Geo
Well-known member
In the 80's, a Gibson Les Paul Custom was $699.Some other forum members who are small business owners are chiming in if you care to enlighten yourselves? Just click the link...
Over the last 5 years inflation is up 30%, get used to it.
J
JDs Couch
Well-known member
We don't pay the tariffs, you do.
