Quote:
Originally Posted by MrBaldBastard
It was called TPP ;)
But that would of been disastrous for Russia, a group of countries that combined could enable meaningful and truly harmful sanctions, no way Putin could have that, so he released his trolls and bots on middle America, giving Trump a leg up on the way.
Scrapping TPP was Trumps first treasonous act as useful idiot, day one of his presidency
year later he's already bailing farmers out on tax payer funds
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TPP did nothing for the US.. It's sole US gain was multi-national corporations investing in underdeveloped countries.. That's it.. Nothing for the American worker.
Quote:
Originally Posted by SecondFloor
The reason why U.S. companies export labor overseas isn't unequal tariffs. Even if tariffs didn't exist at all it would be monumentally cheaper to export labor anyways, because wealthy nations like the U.S. have more skilled laborers that fuel a SERVICE economy rather than a GOODS economy.
Even if Trumps protectionists policies worked and we got manufacturing jobs back in the U.S., why the hell would we WANT those jobs? Do we want America's youth to be working in sweatshop factories making consumer products? No - we probably would prefer they have high-paying service industry jobs.
Right now the U.S. economy is about 80% service and 20% physical goods. For other countries its inverted - they get 80% of their GDP from physical products that they sell to us and others. The U.S. wants those things real bad, because like i mentioned before, Americans would prefer to not work in sweatshops even on U.S. soil. Luckily the U.S. has become rich from its service economy, and it has the money to import physical goods. This supply and demand creates leverage, and for the most part richer countries are happy to pay import tariffs so they don't have to build shitty plastic toys every day. If every country had exactly the same economy, then Trump policies would probably be correct - but they don't at all.
- This and everything else you said was correct, friendo.
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Ah yes, service industry.. Everyone in the US wants to be a bell hop
"Those jobs aren't coming back" Obama
He was correct if we followed his plan of destroying the US economy. "Service economy" what a load of fucking shit... The large corps are outsourcing even those jobs to India etc... Can you say "customer service?"
If what Trump is doing is so bad then why hasn't Wall St responded?
How is China's market doing?
Why are those with "service industry" degrees twiddling their thumbs while "skilled labor" workers are in shortage?