Quote:
Originally Posted by Joshua G
hey smartfest - did hilary threaten to slap a 35% tariff on ford if they move US production to mexico? or was that trump?
did trump make a speech to goldman sachs for 600K, or was that hilary?
too easy to clown you.  |
Yeah right - Trump the anti-globalisation hero.
This is such horseshit - if you had the intelligence to understand basic economics you would understand why 35% tariffs would not work. Unless that is you want to consign your own industries to an antiquated non-competitve landscape, and your consumers to expensive sub-standard goods and services. Thats the problem with trade barriers - the only thing they protect is companies that should be allowed to fail. The market delivers the best product / price for the consumer.
Anyone who has driven a Lada will get the picture.
Then there's Trumpo the Bank Slayer. The sickest joke of them all. Trump owes Wall St $600m, do you really think Trump industries dont need Wall St whenever he starts a project. Do you really think that Trump grew his New York real estate business with out being taters deep into Wall St ?
Trump is the arch capitalist - as establishment as they come - and all the half wit blue collars that think he is going to bring their jobs back are deluding themselves. Do you really think that Trump would keep open a business that was losing him money ?
I suggest that you google Trumps business failures - the investors lost their money and the employees lost their jobs. Now why did he not keep them afloat using profits from other parts of his empire ? Or does he want to subsidise weak businesses with your money rather than his own ?
Trump might make America profitable - but he wont bring back the jobs - you might not have received the memo, but employees cost money and automation maximises return.
Budweiser anyone ?