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Reply to "Official 1st Presidential Debate Thread"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Trump started strong with his trade war talk. That's his strong suit and there's probably some validity in what he says there. After that, he fell apart. His discussion on NATO is especially disturbing.[/quote] His discussion on NATO really hit a home with me. It's time to re-evaluate all these Cold War relics and have our junior "partners" start funding at least to their treat obligations. It would be great if they paid their fair share. The only obligation under article 5 is to provide what support each country deems appropriate up to and including military aid. It does not say each country must respond with military force. [/quote] Trump is a great thinker. I can't remember any other politician approach this issue with this outside of the box thinking. They will be starting to pay their fair share when he gets into the office.[/quote] The problem is, how is he gonna change the situation?You can't force companies to do anything. Most of them have global presence and America is not the largest market. Rest of the world is and especially China. So yeah he talks the good talk about trade BUT there is no solution. When you slap tariff of 25% on things made outside USA, price of things goes up by 25% and Americans pay for it. Sales will drop resulting in millions of job cuts. He goes to trade war with China. China shuts down its 1.3 billion market to USA, who will lose , American companies. China is the largest market for GM, Microsoft, caterpillar, and hundreds of others. China also holds over 1 trillion$ Of USA debt. Any trade war with China will result in job losses in USA when china kicks out USA companies. China holds all the cards. Trump with his ADHD will be eaten alive by the shrewd Chinese. [/quote] China does not play fair. Sure, GM has a large market in China, but where are those cars made? How many cars are shipped from US to China? With regards to Microsoft, piracy of Microsoft products in China is rampant and the Chinese government has done very little to protect the intellectual property of US companies. On the other hand, it's a matter of Chinese government policy to support a domestic competitor to US companies. Google succeeds just about everywhere else, but not China, Apple sales are good, but loses out to domestic brands like Lenovo, Xiaomi, and Huawei. Even Uber, that company that has shown a willingness to flaunt local laws in the name of growth, has been forced to sell their operations in China to a domestic competitor. There are numerous other examples of this: competitive US companies that cannot compete in China because the market there is not free. China is kicking out US companies as is, what they allow to remain, they cannot do without. So any threat by them to kick out US companies is empty at best. Lets recognize the situation for what it is: US is engaged in lopsided trade with countries all over the world. For too long we have been the only one operating in good faith. If the rest of the world is not willing to honestly engage in free and equitable trade, then I don't see why the US should continue alone down this road. [/quote] The world is not run by fairness. It is run by what cards you have to play and CHINA holds all the cards. If you read any history china was the worlds largest economy until about 1800s. You know what collapsed their economy. They couldn't compete with slave labor and their products became pricier. And they thought they can win by closing their border. They have learned their lesson well. They are using their low wage to their advantage just as the USA used free slave labor to their advantage. In the world of competitive advantages, you need to have big cards to play and win. US is a small market and that is a huge weakness and to offset this you need NAFTA and TPP to isolate huge markets like China. [/quote]
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