Liberation Day

Trump speaks of playing the long game- tough to do when he only has 4 years....and he is fighting the 40% of the country that is dumb as a brick.

Considering current polling is suggesting an approval rating of more like 40-45%, could be the case that he's going to fighting more like 60-65% of the popular opinion. That and 4 GOP senators just broke rank over Canadian tariffs. Should be interesting to see who, if anyone, in Congress chooses the tariff hill to die upon vs. loyalty and, if loyalty, if that sticks it out long term.
 
Whether people like it or not, there are some things that other countries are just flat better at making than we are. It has been that way for a long long time.
Very true.

And in addition to that, I don't know anyone who wishes they had a "good job in an assembly line", but if you come from a background of extreme poverty, those are very desirable jobs.
 
Very true.

And in addition to that, I don't know anyone who wishes they had a "good job in an assembly line", but if you come from a background of extreme poverty, those are very desirable jobs.
Not everybody needs their career to prop them up and validate them. I've met many intelligent people doing assembly work. Many of these types of jobs are difficult and challenging, which is the primary reason they haven't been automated already.
 
Very true.

And in addition to that, I don't know anyone who wishes they had a "good job in an assembly line", but if you come from a background of extreme poverty, those are very desirable jobs.
Here's a pic of the megafactory BYD is building in China:

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This factory will be 50 SQ MILES, the size of San Francisco.

I repeat: China is building a high end factory the size of one of our larger cities.

BYD has already surpassed Tesla in auto sales, and is making cars at 1/2 the price of other EV manufacturers, and higher quality

The people working here come from extreme poverty in the interior of China, which has a population of 500M poor farmers in the interior to draw upon. That's who's moving to these industrial cities, and working for peanuts 16 hours a day. It's better than their alternative, which is to be a subsistence farmer in the interior of China.

Take a look at this video of some of these cars, reviewed by autobloggers who went to Alaska to drive them:

As a function of scale and input cost, No way in hell the USA can compete long-term in this sector except in specialty niches.

Tariffs at this scale won't work now, and they didn't work 100 years ago when McKinley tried it.

BTW, how'd that turn out for Pres. McKinley?
Whether people like it or not, there are some things that other countries are just flat better at making than we are. It has been that way for a long long time.
 
How many tags have yall bought that you didnt fill over the last 10 years, but you keep trying, right? But yet, many can give proper guidance on global trade.......lol
 
So I see a lot of this will never work but what are the solutions as the path we have been on for years seem to have not worked other wise we would not be in the situation we are. So what are the solutions.
 
$4.50 a gallon for gas yesterday in small town Idaho. Especially liked local news reports to expect prices to climb even more all summer, so wonderful
 
Not everybody needs their career to prop them up and validate them. I've met many intelligent people doing assembly work. Many of these types of jobs are difficult and challenging, which is the primary reason they haven't been automated already.
Some of them are... Lots aren't, and pay reflects it.

It's not about "validation", I have a blue collar job that isn't impressive to most people. But I enjoy it.

I'm not anti American manufacturing, I buy lots of American made stuff, over cheaper alternatives.

But not everything needs to be made here, because not everyone wants to work in a factory.
 
Holy Chit, 8 pages and counting on this thread and you all have managed to keep it pretty civil!!!

I don't know whether to be happy, surprised, disappointed, or what, I am at a loss for words

Someone hurry and post a firearm thread in the general forum for me to move so it feels like a normal day on rokslide for me!!
 
So I see a lot of this will never work but what are the solutions as the path we have been on for years seem to have not worked other wise we would not be in the situation we are. So what are the solutions.
For my $, doing JVs like Toyota did with GM to create the NUMMI plant is one way to go. Use Chinese capacity on the backend, and combine with American specialty manufacturing during the finishing process. So, 80% of the work might be done in China at low cost, but the final product is done in the US, and potentially "black boxing" the electronics and software here so that the IP is domestically controlled.

That NUMMI plant went out of business b/c GM went bankrupt during the 2009 financial crisis. Guess who picked up that advanced factory for pennies/dollar?
...

Tesla.

BTW, my first investment trip to China was in 2006. I was outside Shanghai when they were building a 24 lane(!) highway even though they didn't have a real car industry yet. At that time, they were already targeting producing more cars than we have PEOPLE in the US.
 
Simply put these new taxes will inevitably make many products as well as everyday life more expensive..

Is it worth it well that’s for you to decide.
 
We’ve been getting ripped off by these guys long enough, but they insist on protesting nonetheless.

Maybe the administration should hire a junior high school kid who’s good at geography to proofread any new ideas for obvious flaws.

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