Media (e.g. CBS) assumes tariffs will be good in the long term

[Anonymous]

Anonymous wrote:That's always been the MAGA argument - temporary pain for longtime gain. It's a great deflection because you can't really ever prove them wrong when the response is always "just wait..."

They have blinders on. The farmers who were hurt by it got subsidies from the US govt (ie taxpayers) to blunt the hurt. Are we going to have to give more welfare to farmers due to Trump's actions again?

[Anonymous]

Look, as someone who works for a DMV company whose products are manufactured in China, even with the tariffs, it's still cheaper for us to have our product manufactured in China than it was when we manufactured in the US. It's also faster. Let that sink in...it is faster to have products manufactured & shipped to the US from China than it was for us when the products were made in Wisconsin & shipped to the DMV.

The US cannot compete with China in manufacturing unless the US completely guts its regulations. I mean, they're kind of on track to do that - let's be honest - but even then, you have to have a populus willing to work for crap wages, and we don't have that. We don't have a slave labor class in the US. A lot of people like to think the food service industry is made up of slave labor, but they get paid 10000x more than Chinese factory workers. A typical Chinese factory worker makes like $50,000-$60,000 Yuan/year which is just around $6,000-$8,000 USD/yr. PER YEAR. I know someone who only does DoorDash and InstaCart as their jobs and even they make $60k-75k each year depending on how much they want to work.

[Anonymous]

Anonymous wrote:Media has been bending over backwards carrying water for Trump.

Even before he won the election.

[Anonymous]

Even if we could get factories made overnight. Those companies would still need to pay competitive wages and provide benefits and pay taxes and all that. Those extra costs will be passed on to the consumer and prices will rise.

[Anonymous]

Anonymous wrote:Media has been bending over backwards carrying water for Trump.

This

[Anonymous]

Media can always find some analyst to present one side of every issue. It doesn’t mean those analysts are correct or that their opinion are valid.

Media’s goal is to get viewers. If most are saying tariffs are bad, CBS can get viewers by putting up some analysts that say the opposite.

[Anonymous]

Anonymous wrote:Look, as someone who works for a DMV company whose products are manufactured in China, even with the tariffs, it's still cheaper for us to have our product manufactured in China than it was when we manufactured in the US. It's also faster. Let that sink in...it is faster to have products manufactured & shipped to the US from China than it was for us when the products were made in Wisconsin & shipped to the DMV.

The US cannot compete with China in manufacturing unless the US completely guts its regulations. I mean, they're kind of on track to do that - let's be honest - but even then, you have to have a populus willing to work for crap wages, and we don't have that. We don't have a slave labor class in the US. A lot of people like to think the food service industry is made up of slave labor, but they get paid 10000x more than Chinese factory workers. A typical Chinese factory worker makes like $50,000-$60,000 Yuan/year which is just around $6,000-$8,000 USD/yr. PER YEAR. I know someone who only does DoorDash and InstaCart as their jobs and even they make $60k-75k each year depending on how much they want to work.

I've heard some American businesses have been told by China they will no longer receive products because their particular source no longer wants to do business with the US. They expect to go under completely.

[Anonymous]

It was hilarious to hear NPR talking down to the UAW president this morning.

[Anonymous]

Anonymous wrote:Media has been bending over backwards carrying water for Trump.

Media is a corporation. They follow the wind and money… brought to you by Phizer.

[Anonymous]

Anonymous wrote:Even if we could get factories made overnight. Those companies would still need to pay competitive wages and provide benefits and pay taxes and all that. Those extra costs will be passed on to the consumer and prices will rise.

No. They won't have wages. The factories will be automated.

[Anonymous]

Anonymous wrote:John Dickerson and other analysts on Facebook the Nation seem to believe manufacturing will glcome back to US after "short term" pain.

Given the complexity of global supply chains, I have to wonder if the pain will really be short term or permanent. Many countries tried import substitution in the past and failed, and that was before global supply chains got so complex.

Good. When will John Dickerson and others start working at a Nike factory that used to be in Vietnam? Oh wait they think others should be in the factories getting low wages for long hours.

80% of the jobs in the US are white collar. 10% are manufacturing and manufacturers in the US have more jobs vs people willing to take them. Now we can all looking forward to working in a factory side by side with Jon Dickerson and his family.

[Anonymous]

Anonymous wrote:John Dickerson and other analysts on Facebook the Nation seem to believe manufacturing will glcome back to US after "short term" pain.

Given the complexity of global supply chains, I have to wonder if the pain will really be short term or permanent. Many countries tried import substitution in the past and failed, and that was before global supply chains got so complex.

What are you talking about?
Who? Where? When?

https://m.youtube.com/facethenation

[Anonymous]

It is evil to remove sewing jobs from women in poor countries. Are Americans going to flock to sew tee shirts at piece work rates or are Walmart tees going to sell for $50.

[Anonymous]

Anonymous wrote:That's always been the MAGA argument - temporary pain for longtime gain. It's a great deflection because you can't really ever prove them wrong when the response is always "just wait..."

Like the wait for Q!

[Anonymous]

We don't have enough manufacturing in this country, especially all along the production chain for all components of a given product. It's not something that can be fixed quickly.