Trump Reversing Offshoring
 

it is one of the things he actually talks about the most and probably explains his appeal for many parts of the country where the american dream has all but died because of it.

no other candidate rep or dem talks about it but is a massive and painful issue for many many americans obviously.

but serious question ...

how does he actually plan to bring these jobs back to america?

https://www.donaldjtrump.com/positio...a-trade-reform


On day one of the Trump administration the U.S. Treasury Department will designate China as a currency manipulator. This will begin a process that imposes appropriate countervailing duties on artificially cheap Chinese products, defends U.S. manufacturers and workers, and revitalizes job growth in America. We must stand up to China?s blackmail and reject corporate America?s manipulation of our politicians. The U.S. Treasury?s designation of China as a currency manipulator will force China to the negotiating table and open the door to a fair ? and far better ? trading relationship.

End China?s Intellectual Property Violations

China?s ongoing theft of intellectual property may be the greatest transfer of wealth in history. This theft costs the U.S. over $300 billion and millions of jobs each year. China?s government ignores this rampant cybercrime and, in other cases, actively encourages or even sponsors it ?without any real consequences. China?s cyber lawlessness threatens our prosperity, privacy and national security. We will enforce stronger protections against Chinese hackers and counterfeit goods and our responses to Chinese theft will be swift, robust, and unequivocal.

The Chinese government also forces American companies like Boeing, GE, and Intel to transfer proprietary technologies to Chinese competitors as a condition of entry into the Chinese market. Such de facto intellectual property theft represents a brazen violation of WTO and international rules. China?s forced technology transfer policy is absolutely ridiculous. Going forward, we will adopt a zero tolerance policy on intellectual property theft and forced technology transfer. If China wants to trade with America, they must agree to stop stealing and to play by the rules.

Eliminate China?s Illegal Export Subsidies And Other Unfair Advantages

Chinese manufacturers and other exporters receive numerous illegal export subsidies from the Chinese government. These include - in direct contradiction to WTO rules - free or nearly free rent, utilities, raw materials, and many other services. China?s state-run banks routinely extend loans these enterprises at below market rates or without the expectation they will be repaid. China even offers them illegal tax breaks or rebates as well as cash bonuses to stimulate exports.

China?s illegal export subsidies intentionally distorts international trade and damages other countries? exports by giving Chinese companies an unfair advantage. From textile and steel mills in the Carolinas to the Gulf Coast?s shrimp and fish industries to the Midwest manufacturing belt and California?s agribusiness, China?s disregard for WTO rules hurt every corner of America.

The U.S. Trade Representative recently filed yet another complaint with the WTO accusing China of cheating on our trade agreements by subsidizing its exports. The Trump administration will not wait for an international body to tell us what we already know. To gain negotiating leverage, we will pursue the WTO case and aggressively highlight and expose these subsidies.

China?s woeful lack of reasonable environmental and labor standards represent yet another form of unacceptable export subsidy. How can American manufacturers, who must meet very high standards, possibly compete with Chinese companies that care nothing about their workers or the environment? We will challenge China to join the 21 st Century when it comes to such standards.

The Trump Plan Will Strengthen Our Negotiating Position

As the world?s most important economy and consumer of goods, America must always negotiate trade agreements from strength. Branding China as a currency manipulator and exposing their unfair trade practices is not enough. In order to further strengthen our negotiating leverage, the Trump plan will:

Lower the corporate tax rate to 15% to unleash American ingenuity here at home and make us more globally competitive. This tax cut puts our rate 10 percentage points below China and 20 points below our current burdensome rate that pushes companies and jobs offshore.
Attack our debt and deficit by vigorously eliminating waste, fraud and abuse in the Federal government, ending redundant government programs, and growing the economy to increase tax revenues. Closing the deficit and reducing our debt will mean China cannot blackmail us with our own Treasury bonds.
Strengthen the U.S. military and deploying it appropriately in the East and South China Seas. These actions will discourage Chinese adventurism that imperils American interests in Asia and shows our strength as we begin renegotiating our trading relationship with China. A strong military presence will be a clear signal to China and other nations in Asia and around the world that America is back in the global leadership business.

the real problem lies in speculative investment...

investors want the most bang for their buck...

lets say nike was to hire only american workers from now on, the people holding the shares would drop nike faster than a red hot turd...

it is the paradox of capitalism...

then theres the crippling regulations in the USA...

insourcing...its simply not going to happen...trump knows this...

Yep, That's why his Trump ties are made in China.. lol

so aside from all the bluster about china his only plan to reverse outsourcing to is lower the corporate tax rate?

that wont work ... it's not that simple. or am i missing something?

"Lower the corporate tax rate to 15% to unleash American ingenuity here at home and make us more globally competitive. This tax cut puts our rate 10 percentage points below China and 20 points below our current burdensome rate that pushes companies and jobs offshore."

ding dong, it's not an all or nothing proposition. no one's claiming to bring every job back to the USA and citing 1 company like nike, and making wild predictions about them then extrapolating that prediction across America and all businesses doesn't prove anything other than your naivete.

I find it ridiculous to bring this argument. Stupid in fact. Here is why:

He is a businessman and he must do whatever everybody else are doing n order to stay competitive. He can not single himself out and do it more expensive out of his heart.
And at the same time he can want to stop it, but for everybody, not just for himself and lose competitive edge.

Another simple example to make my point: I own a micro business, when I am doing taxes I use one loophole to save on them, but I see that it is ripping the country and I would love it closed. But until it is done I am not going to volunteerly not use it because that means I am paying more than my competitors who all use it.

So lets say I run for office, say that we should close that loophole and if crockett says "hey, but you use that loophole yourself" I just say yeah, so what? Both using loophole and advocating closing of it can perfectly go hand in hand and there is nothing strange or dishonest.

I am just putting in to proper perspective the basic rules of the market...how investment is not for the greater good of humanity or creating new jobs but exclusively for the profit of the privileged few...

furthermore, most capital now is not in the USA...for obvious tax reasons...most corporations as well...they are now "international" <-----huge point ...times have changed...everything is offshore...

chinas policies and "unfair" trade with the USA have more to do with investors wanting more bang for their $$ than it has to do with china wanting such a system...china had to bow down to the requirements of the market...suicide nets and no regulations etc...it was not their 1st choice...

capitalism relies heavily on exploitation...the more you exploit, the more successful you are, the greater advantage you gain over your competition....investors will love you for it...the end...

No you aren't missing anything. As usual Trump is no different than any of the other Republicans aside from his dumb remarks and bad hair.

He thinks lower taxes will solve all the world's problems.. The reality is he isn't gonna cut spending in fact wants to spend even more money on the military, building walls exporting illegals yet he thinks he will pay for it all with lower taxes. Oh let's not forget he's gonna replace obamacare with "something better" and make MERICA great again with no tax money!

He's just another dumb Republican who can't look past his own bank account and doesn't give a fuck about spending us into massive debts because lower taxes is obviously the answer..

Pure fairyland idioarcy.. I'm simply amazed there are so many dumb people who believe his nonsense. It's no wonder the porn industry killed it's self.. look at all the idiots here that belive in these dumb fairytales.

Here are three books in pdf that I urge you to read.... IF you are truly interested in finding out more about classical liberalism and the Austrian school of economics. (i.e. freedom.), and want to disabuse yourself of the misconceptions that you currently hold about free markets...

https://mises.org/sites/default/file...20Action_3.pdf

http://www.liberalstudies.ca/wp-cont.../11/thelaw.pdf

http://www.goldonomic.com/hayekroadtoserfdom.pdf





.:2 cents:



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not quite. that would make sense if it were true. unfortunately for you, reality is the USA is trending reshoring jobs

https://www.gray.com/news/blog/2016/...ring-reshoring

According to the Boston Consulting Group (BCG) Annual Survey released in December 2015, "the percentage of companies actively moving operations back to the U.S. continues to increase." Of particular interest was the number of 2015 studies documenting the strength of the trend:

BCG: Multinational industries actively reshoring increased 140% from 7% in 2012 to 17% in 2015
Medical Design Technology: 49% of medical device companies outsourced offshore. Almost half of those, 45%, are returning.
Plastics News: 70% of plastics industry manufacturers have or will soon reshore
Alix Partners: U.S. is favored over Mexico 55% to 31%
Wal-Mart continues to make good progress towards its $250 billion 10-year goal


Reshoring Plus FDI Remained Strong in 2015

Record number of manufacturing jobs returning to America - MarketWatch

dynamo...you're wasting your time trying to explain how business works to the "Experts" here on GFY.

They obviously know better than Trump does. After all, he only does business worldwide with many country's.

LOL!

Clowns on GFY thinking they know more about business at that level (which is something that NONE of us have ever experienced)

well the thread is about trump's actual plan to onshore american manufacturing as he promises and all we have is a line where he says he going to do it by lowering the corp tax rate.

It ain't rocket science man. Get RID of the corporate tax. Create an environment that business will thrive in.

He has also said (by the way) that he will start imposing tariffs on companys that outsource making it more profitable to manufacture in the U.S.

The politicians and bureaucrats with all their complicated nuanced bullshit about how to do this are so full of shit. They WANT it to seem to complicated for us to understand. It's not.

@superbonzo

there is no such thing as a free market...corporations will "merge" in to bigger corporations...hence we have "anti trust laws" so they go international or they finance the elections...investment is done for short term profit on fluctuations, rather than long term fundamental values...money matters only, nothing else...

its basic basic stuff...

I truly believe that the books you suggested are top notch...but its fantasy...



@dynamo

in all fairness...you have been losing 140.000 jobs per year since the 2000-s and now, after 16 years you see a 10.000 gain?

the USA has a work force of say 120million so the 10K jobs are a 0.008% increase.

the 70% increase in plastics reshoring is due to current oil prices being low?

even if we look at the total jobs the USA lost lets say 3.000.000 since 2000-s? the 10K is only 0.3% of what you lost total...

its not really a reversal is it?

It appears it is Rockett science because lowering taxes while excreasing spending has failed everytime Republicans have tried it. Yet you guys still believe the nonsense because rah, rah liberals bad so you must be right..

Most people would agree with this, and outsourcing isn't so bad, but the problem is that Trump is a hypocrite. He bashes China and Mexico, yet outsources to them.

Trump Manufactures His Clothing Line in China and Mexico While Bashing Them for "Stealing" US Jobs

Wasn't referring to lowering income tax. I was talking quite specifically about corporate tax. It hinders business.

And yes, income taxes should be lowered too. The govt. is spending too much money.

And once the revenue base is expanded and the more than 30% of the workforce that isn't even trying to get a job anymore is returned to work with companies coming back...the revenue will increase to the Federal Govt.

It has done so EVERY time that taxes have been lowered.
Of course it didn't work with Bush spending it faster than it could come in.

And that is the problem.

The Bureaucrats in D.C. never use the extra revenue to pay down the debt. Instead they line their cronies pockets with new "programs" that increase spending.

Yep. And he's answered that a hundred times while being interviewed by reporters. He makes NO apologies for it and points out that the govt. policies have created an environment that makes it impossible to manufacture in the U.S. and be profitable.

He has repeatedly said that once he is President and CHANGES the "business as usual" bullshit in D.C., he will bring back making his Trump Ties to the U.S.

Not hard to understand at all.

:error
Didn't I just address this?

I will add another example, from adult industry, maybe you will understand it now:

Adult industry. Legal tubes. Many people do not like tubes and want to see them extinct etc. But in order to stay competitive alongside others they also open tubes.

And it would be perfectly normal (and zero hypocrisy) if some tube owner said: we should ban tubes, they are bad for industry.

It is simple: you do not like it, you think it is bad, but at the same time you must do in order not to drop out of the competition.

Same with Trump. He may dislike jobs outsourced, but he is a businessman and he simply must do that in order to stay in the race alongside other businessmen who outsource.

There is absolutely zero hypocrisy, that is very normal, very natural situation where both of you doing it and you wanting for it to be banned can coexist perfectly and naturally.

Then China calls in all the loans and treasury bills it holds and bankrupts Amerika. Whoops, forgot about that shit din ya Trump geniuses? Trump couldn't do shit, all that crap he spouts is for the ignorant voters that support him. Get in line to lick his ass chumps. Yummy!

I don't know what any of the candidates position is on off shore drilling. Don't really care. It shouldn't really that big of an issue. I don't see why anyone would be against it so long as it's done safely. At the same time, seems we have more oil than what we know what to do with.

Sure, that's exactly what we need to do. We need to create a "environment that business will thrive in". Because, you know, writing off a $200k fountain isn't enough.

....................... :error

I know a guy who has a bit less money than trump...he used to make money by walking a donkey on the beach and then charge for kids to take a photo on the donkey...he got in to real estate a bit, then some more, and then even more...one day he purchased a company being privatized...it was a salt factory if I remember correctly...the land the factory owned is now worth about 4-5 billion $...he did not inherit daddys $$$ or connections like trump...

so its very amusing to me that you speak of trump like he is some sort of complicated international playa' that only the select few can understand...

http://4.bp.blogspot.com/-7KLViBOXlr...0/IMG_3373.JPG

http://www.taxpolicycenter.org/Uploa...s-tax-plan.pdf

Cliff's note version: (for the reading impaired)
Opinions from respected sources.

Donald Trump's Tax Plan Could Tack $10 Trillion onto America's Debt - Fortune
If Trump Wins: How Markets May Feel The Morning After|Forbes
Study: Most would be worse off under GOP tax plans | TheHill
Donald Trump's Income Tax Brackets: How Much Would You Owe? -- The Motley Fool


Get ready for $2500.00 basic computers made in the USA -- what a crock of shit.

This is a gravy train for the top 5% -- be there or get fucked over.

Instead of thinking YOU somehow know more about trade than Trump...perhaps you should actually hear what he has said about that very thing.

He didn't "forget" about it. He points out (correctly) that China NEEDS us. And that we have a strong hand at the negotiating table.

But I forgot...people on GFY are so much more knowledgeable about international trade than Trump is.

I'm so glad I could "amuse" you sitting up there on your high horse.

And no, I never said Trump did anything complicated. Matter of fact I said JUST THE OPPOSITE.

It's like playing the blues. Very easy to do...very difficult to master. Trump is a master at deals and trade.

And as for your story...I can tell lots of them too. Here ya go:
I know a guy who picked up paper on the highway to make money to buy a piece of bread and water. And he took the few pennies he had left over and invested it in real estate (because it's so easy to do with no credit at the bank you know). Now he's a BILLIONAIRE! And he didn't need his DADDY (spoken with disdain) to help him!

And I know another guy....he too had no credit at the bank and no real job. I think he was the guy who used to clean up the donkey shit behind the guy you know.
And he took his money and bought properties too! And now he is a billionaire!

It's just so easy!

Hey...why aren't YOU rich? :pimp

So ... $200,000 distributed among excavation people, concrete companies, rock companies, water pump and fountain companies, electricians and the assorted skilled labor is wasteful but giving it to the government isn't? One keeps the economy running but hey this argument is coming from a guy that writes off his breakfast each day for himself and his wife. Talk about two faced!

Jtfc. Still butthurt over a fucking fountain.

Robbie, don't waste your time with a coward Serb who ran from his own country. He's a jealous idiot. Don't even read his hate filled dribble anymore.

Rochard bragged about writing off breakfast with his wife everyday and taking every tax break he could find. He's just jealous he can only write off, illegally I might add, his $5.99 Denny's egg and toast not a $200,000 project.

Which means fuck all to 99% of Americans. It's the same in Europe with the elite telling us how vital the EU is to business. When most citizens are losing out by EU membership.

master of the shell game, maybe :2 cents:

deals and trade seem to have made him "shell game" 4x...

That's rochard.

:2 cents:

:1orglaugh

well making an environment that is not hospitable for illegal immigrants will cause some of them to leave on their own volition, magically creating job openings for 'muricans.

his other proposals like trade war, tariffs. are just like his ban muslims position, or retract citizenship for anchor babies. hot air. He won't get it through congress, as his election will not change who calls the shots in congress.

but he will make good TV for years. :2 cents:

Can never understand the appeal of "Lower Taxes" when they're already too low.

US spending to borrowing is getting worse. So going out on a BIG cut taxes platform is meaningless. Until the needs to spend are reduced. So what would you like to see reduced? Think about it, because most cuts lead to more unemployment or higher prices.

Cutting Defence spending will lead to lots of jobs being lost and exports, welfare to riots and even worse, Healthcare, education, policing, prisons. Or just close all the Government departments that employ people and make sure big business doesn't rip the people apart?

Look at all the disasters recently and reduce the Public Sector by 33% and see how well the US can cope. Gulf Oil Spill, New Orleans, Flint, and a lot more. Because eventually that's what will end up being cut.

Yes, those jobs are rushing back. Look at how the deficit is being eliminated.

http://static01.nyt.com/images/2009/...TS_GRAPHIC.jpg

http://www.economicpopulist.org/file...ficitasgdp.jpg

Stop swallowing the spin. We all know why imports dropped in 2009 and why they're climbing again.

With so many companies sending money to tax havens, ether ban the tax havens or Corporation tax and apply a modern way of collecting money. Import taxes and limits would be sensible. Just make consumers pay more at the till for the imported goods.

Paul, when you start paying taxes here you will be entitled to an opinion. Until then shut the fuck up already. Holy shit.


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Markham, you of all gfyers should know life is the gray area between black and white. But yoy seem to think in b&w. The fact is reshoring is trending. Is it a fucking whirlwind panacea, of course not.

You also seem to think the trend would have a direct and immediate reflection on the deficit.

US debt is 100% of GDP. To halve it in 10 years needs a 5% cut in spending. Go find that money without increasing unemployment. Every lost job lower tax revenue.

Cutting taxes in the hope every gets back to work, is gambling. And once enough is made in the US to get 30% back to work. Prices will rise and consumerism will falter.

Agreed about governments being bought and paid for.

you fucking ding dong, your graphics don't even match up with the right years.

Even if China and others didn't call in the loans. Once China economy drops, it won't be buying US bonds. Which means the US has less to borrow.

What Trump knows and what he tells people aren't the same. Nice to see you believe him though.

But that's exactly what a Government does with taxes, it builds things, employs people, safeguards the population. Why do you think otherwise?

To me the tariff thing is actually a bigger deal than the cooperate tax rate. Many companies hire a squad of accountants and lawyers to get them the best tax deal possible, but that doesn't matter if they have 5,000 employees and they have to pay them all $16-$20 per hour when they could take the manufacturing part of their business offshore and pay those 5,000 workers a couple of bucks a day.

Perhaps a combination of the lower tax rate and tariffs will keep companies from leaving and entice other companies to return. It's going to be a tough thing to turn around. We have had 30+ years of shitty trade deals and laws passed that make it very appealing to companies to go offshore. Reversing that trend will not be easy.

yea, cause basically stealing some assets for pennies on the dollar during privatization in some corrupted 3rd world country is any better than just simply inheriting the $$$... cool story bro... :thumbsup

The problem is that it makes him look like a hypocrite. With millions of people watching he denounces companies that move offshore and use offshore labor, then he turns around and does it himself.

it was an open privatization absolutely anybody could have made a bid...one man and a donkey...I did not say he was better did I? but he is better because he went bankrupt 0 times compared to trumps 4...so I am saying it now: he is better :1orglaugh

trump played business on easy mode with cheat codes :2 cents: