Don't get me wrong. I'm all for making it easier, i.e. more profitable, for businesses to do business in the US. But when the rest of the plan increases cost to the consumer, all that begins to fall by the wayside.

Posted by moy23 on 3/10/2016 11:22:00 AM (view original):
Its a bigger equation than just if this then this.... Trump also wants a 15% corporate tax rate, a 1x corporate repatriation at 10%. Both of those in theory spur business. Less regulation cuts down the cost of producting goods. Trump is not talking about isolation.... He's talking about getting more favorable trade deals made. Isolation would assume he doesn't want to trade with any foreign nation. That's false.

What makes you think Trump can do any of that? Presidents don't write laws.

Posted by moy23 on 3/10/2016 11:18:00 AM (view original):

Posted by MikeT23 on 3/10/2016 10:46:00 AM (view original):
They may be. IMO, they are better than Trump/Hillary. I think Trump will affect your wallet more than you think. If he creates an era of isolationism, which I think he does when he rambles about trade agreements, the cost of goods will go up. If it's cheaper for Ford to make parts in China and ship them here, that's why they do it. And that affects the cost of your F-150. The US consumer needs imported goods.

It's a possibility, but the cost of business as usual for cheaper goods is the continued loss of US jobs. I'd have to imagine Trump will have some pretty smart people giving him advice. Businesmen of his stature always do.

The guy with the biggest ego in the room (country?/world?) is more likely to surround himself with a bunch of "Yes, Mr. Trump! That sounds like a great idea, Mr. Trump! You've nailed it, Mr. Trump!" people rather than actual smart advisors.

Posted by moy23 on 3/10/2016 11:18:00 AM (view original):

Posted by MikeT23 on 3/10/2016 10:46:00 AM (view original):
They may be. IMO, they are better than Trump/Hillary. I think Trump will affect your wallet more than you think. If he creates an era of isolationism, which I think he does when he rambles about trade agreements, the cost of goods will go up. If it's cheaper for Ford to make parts in China and ship them here, that's why they do it. And that affects the cost of your F-150. The US consumer needs imported goods.

It's a possibility, but the cost of business as usual for cheaper goods is the continued loss of US jobs. I'd have to imagine Trump will have some pretty smart people giving him advice. Businesmen of his stature always do.

I'm sure I can find a post where you stated that an increased minimum wage will increase the cost of goods. Do you not think that the price of a $20 imported part, all costs included, will go up if the business now has to pay $30 to make the same part in Iowa?

MAKE CORPORATIONS(PEOPLE), DECLARE THEIR CITIZENRY: YER AN AMERICAN OR NOT. BRING THE MONEY BACK OR GO INTO FULL EXILE.

Posted by bad_luck on 3/10/2016 11:55:00 AM (view original):

Posted by moy23 on 3/10/2016 11:22:00 AM (view original):
Its a bigger equation than just if this then this.... Trump also wants a 15% corporate tax rate, a 1x corporate repatriation at 10%. Both of those in theory spur business. Less regulation cuts down the cost of producting goods. Trump is not talking about isolation.... He's talking about getting more favorable trade deals made. Isolation would assume he doesn't want to trade with any foreign nation. That's false.

What makes you think Trump can do any of that? Presidents don't write laws.

He wrote a book on negotiating. It was a YUUUUUUUUGE top seller. He will negotiate with congress. He's already buttering up Paul Ryan.

Posted by MikeT23 on 3/10/2016 12:31:00 PM (view original):

Posted by moy23 on 3/10/2016 11:18:00 AM (view original):

Posted by MikeT23 on 3/10/2016 10:46:00 AM (view original):
They may be. IMO, they are better than Trump/Hillary. I think Trump will affect your wallet more than you think. If he creates an era of isolationism, which I think he does when he rambles about trade agreements, the cost of goods will go up. If it's cheaper for Ford to make parts in China and ship them here, that's why they do it. And that affects the cost of your F-150. The US consumer needs imported goods.

It's a possibility, but the cost of business as usual for cheaper goods is the continued loss of US jobs. I'd have to imagine Trump will have some pretty smart people giving him advice. Businesmen of his stature always do.

I'm sure I can find a post where you stated that an increased minimum wage will increase the cost of goods. Do you not think that the price of a $20 imported part, all costs included, will go up if the business now has to pay $30 to make the same part in Iowa?

No argument about higher labor costs = higher price of goods.the problem is its $20 imported and $30 here. Trumps saying he'd even the field by $30 made here and $20 + a $10 import tax from abroad.... No matter what COGS goes up in both situations, the difference being that now Americans have a real shot at manufacturing these goods. Jobs, well paying manufacturing jobs.... That's what this country needs more of.

Posted by moy23 on 3/10/2016 1:19:00 PM (view original):

Posted by bad_luck on 3/10/2016 11:55:00 AM (view original):

Posted by moy23 on 3/10/2016 11:22:00 AM (view original):
Its a bigger equation than just if this then this.... Trump also wants a 15% corporate tax rate, a 1x corporate repatriation at 10%. Both of those in theory spur business. Less regulation cuts down the cost of producting goods. Trump is not talking about isolation.... He's talking about getting more favorable trade deals made. Isolation would assume he doesn't want to trade with any foreign nation. That's false.

What makes you think Trump can do any of that? Presidents don't write laws.

He wrote a book on negotiating. It was a YUUUUUUUUGE top seller. He will negotiate with congress. He's already buttering up Paul Ryan.

He's so good at negotiating that the GOP nomination is going to be negotiated out from under him.

Posted by moy23 on 3/10/2016 1:32:00 PM (view original):

Posted by MikeT23 on 3/10/2016 12:31:00 PM (view original):

Posted by moy23 on 3/10/2016 11:18:00 AM (view original):

Posted by MikeT23 on 3/10/2016 10:46:00 AM (view original):
They may be. IMO, they are better than Trump/Hillary. I think Trump will affect your wallet more than you think. If he creates an era of isolationism, which I think he does when he rambles about trade agreements, the cost of goods will go up. If it's cheaper for Ford to make parts in China and ship them here, that's why they do it. And that affects the cost of your F-150. The US consumer needs imported goods.

It's a possibility, but the cost of business as usual for cheaper goods is the continued loss of US jobs. I'd have to imagine Trump will have some pretty smart people giving him advice. Businesmen of his stature always do.

I'm sure I can find a post where you stated that an increased minimum wage will increase the cost of goods. Do you not think that the price of a $20 imported part, all costs included, will go up if the business now has to pay $30 to make the same part in Iowa?

No argument about higher labor costs = higher price of goods.the problem is its $20 imported and $30 here. Trumps saying he'd even the field by $30 made here and $20 + a $10 import tax from abroad.... No matter what COGS goes up in both situations, the difference being that now Americans have a real shot at manufacturing these goods. Jobs, well paying manufacturing jobs.... That's what this country needs more of.

Or we could reduce taxes on low end labor. Nothing will ever bring unskilled manufacturing jobs back to the US, that ship has sailed. The best thing we can do is put as much money as possible into as many hands as possible so that it gets spent and circulates through the economy instead of piling up in corporate bank accounts.

Posted by moy23 on 3/10/2016 1:32:00 PM (view original):

Posted by MikeT23 on 3/10/2016 12:31:00 PM (view original):

Posted by moy23 on 3/10/2016 11:18:00 AM (view original):

Posted by MikeT23 on 3/10/2016 10:46:00 AM (view original):
They may be. IMO, they are better than Trump/Hillary. I think Trump will affect your wallet more than you think. If he creates an era of isolationism, which I think he does when he rambles about trade agreements, the cost of goods will go up. If it's cheaper for Ford to make parts in China and ship them here, that's why they do it. And that affects the cost of your F-150. The US consumer needs imported goods.

It's a possibility, but the cost of business as usual for cheaper goods is the continued loss of US jobs. I'd have to imagine Trump will have some pretty smart people giving him advice. Businesmen of his stature always do.

I'm sure I can find a post where you stated that an increased minimum wage will increase the cost of goods. Do you not think that the price of a $20 imported part, all costs included, will go up if the business now has to pay $30 to make the same part in Iowa?

No argument about higher labor costs = higher price of goods.the problem is its $20 imported and $30 here. Trumps saying he'd even the field by $30 made here and $20 + a $10 import tax from abroad.... No matter what COGS goes up in both situations, the difference being that now Americans have a real shot at manufacturing these goods. Jobs, well paying manufacturing jobs.... That's what this country needs more of.

If I can build a widget in China, ship it overseas, truck it to a warehouse, distribute it from that warehouse and put it on a shelf for less than I can build it across the street, do you think the labor costs are even in the ballpark?

I won't mention the jobs lost at ports/trucking/warehousing in order to get those well-paying manufacturing jobs.

If moy says it will magically all work out, who are you to question that?

Posted by tecwrg on 3/10/2016 2:30:00 PM (view original):
If moy says it will magically all work out, who are you to question that?

"I'm going to cut Medicare prescription drug spending by $600 trillion through renegotiation."

"Uh, Medicare only spends $70 billion on prescription drugs."

"I'm going to renegotiate the whole system. Believe me. I'll erase the lines."

"...the...****????"

Posted by tecwrg on 3/10/2016 2:30:00 PM (view original):
If moy says it will magically all work out, who are you to question that?

Good point.

Posted by bad_luck on 3/10/2016 1:38:00 PM (view original):

Posted by moy23 on 3/10/2016 1:19:00 PM (view original):

Posted by bad_luck on 3/10/2016 11:55:00 AM (view original):

Posted by moy23 on 3/10/2016 11:22:00 AM (view original):
Its a bigger equation than just if this then this.... Trump also wants a 15% corporate tax rate, a 1x corporate repatriation at 10%. Both of those in theory spur business. Less regulation cuts down the cost of producting goods. Trump is not talking about isolation.... He's talking about getting more favorable trade deals made. Isolation would assume he doesn't want to trade with any foreign nation. That's false.

What makes you think Trump can do any of that? Presidents don't write laws.

He wrote a book on negotiating. It was a YUUUUUUUUGE top seller. He will negotiate with congress. He's already buttering up Paul Ryan.

He's so good at negotiating that the GOP nomination is going to be negotiated out from under him.

Objection, Speculation.