Re: Trump is clueless

I mean, I'm hoping what I'm seeing is the 4d chess

FBCoachSC® · 2025-03-13T13:03:49.212Z

I'm hoping that the volitility with tarriffs is a way for other countries to pick up the slack where we were "supposedly" being taken advantage of in foreign trade. I'm hoping the talking about a recession will lead to the market correction we are overdue for. I'm hoping the back and forth with Ukraine is to force the EU and NATO to up their support so it doesn't mostly fall on us. I'm hoping that the stress test of DOGE is used to see what can and can not be cut through just cutting it and seeing what happens. I'm hoping that in 3-4 years we will be looking back going, Ok I get it now. Most likely not though

Lets slow it down a little

Trump negotiated the USMCA trade agreement in 2019

Let's slow down even more...

Lets slow it down a little

Can you provide a link documenting Canada's 45% tariff on US cars that has been in place for years? The internet is so bogged down with current news that I have been unable to find anything that supports that.

I am assuming that yes, Canadian workers' insurance is paid directly by the state, but then what is their tax burden relative to the US? I really don't know. I know Canadian labor is more expensive on average than the US, but I am not sure how this all plays out with regard to taxes, insurance, etc. I would guess that there are some other significant cost drivers also at play in these determinations. Do you have any documentation that you can provide that shows that the US builds cars in Canada to reduce the cost of labor?

I think we have been over the "300% cheese/milk" nonsense. These tariffs are not paid. They are implemented once a threshold is met. The threshold is never met. NOW...is the threshold never met because of the tariff? I dunno. What are the sales opportunity costs associated with that tariff. Put simply...are we selling 99,999 gallons of milk to Canada an no more because because of the huge tariff at 100,000 gallons...and without that huge tariff...would we sell 103,000 or 1,000,000 gallons?

Link to 50% tariff on copper (pre-trade war, of course)?
Link to 25% tariff on steel?

I'm hoping we invade Canada _ and Greenland. Maybe Mexico and Australia!***

Tiggity®

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Trump is clueless

Mar 13, 2025, 10:56 AM

I keep hearing Trump say his ultimate goal is to bring those manufacturing jobs back to the US. Does he not have a clue why those jobs left to begin with? Because they could be done 10x cheaper NOT in the US. So you're going to take a job currently in a Guatemalan sweat factory making t-shirts at $1.27 a pop, move that plant back to the US, with the added insurance and regulations (build/rebuild a textile mill), then pay someone $20/hr to make the shirts someone else did at $1/hr did in Guatemala, and SOMEHOW you're going to find enough cubicle minions from around the country, several thousand, to choose to work in a US t-shirt factory for $20/hr when their cubicle job paid $40/hr?

AND in the end, do you expect to sell as many T-shirts when the base shirt costs $20 instead of $1?

It's insane. Heck, they say 10 million illegals are working in the US. If you send them home, WHO THE #### is going to do the work they're doing, PLUS all the work lost to overseas being cheaper?

It is perhaps Trump's best, and ONLY tool he can wield, as President, to wreck the economy. And kick out all illegals, that would help too. Trump comes from a worldview where if you have money, labor mysteriously appears. Yes, when America had 6, 8, 10% unemployment, and less money, if you had it labor would come. But there is no math on Earth that says with 330 million people, heck 170 or even 180 million actual workers, can we ever hope to retain a $28T GDP, or $20T in consumption. We can't. Not enough people. Heck, kick out all illegals, and then replace their jobs with the 100% of the 4.1% who are unemployed, we still have a net shortage of labor, and that's not counting the added demands to make stuff in the US with tariffs. Then add some contrived necessity, through tariffs, to make everything inside the US, and we're double screwed.

What will eventually happen, and we're beginning to see it, is the collapse of the credit/debt markets. And this won't be mortgages, or credit cards, or auto loans, it will be ALL DEBT. I could explain why, but it would take too long.