Originally published at: https://boingboing.net/2018/06/27/rewarding-offshoring.html
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So it’s working just as planned, is what you’re saying.
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what @gracchus said. a bunch of US companies have already stated they are moving some production off shore now for foreign markets. The entire thing is about starting a trade war…because…he’s an idiot, or because he’s in bed with Russia and this will benefit them, or both.
ok, not “or both”…definitely both.
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Makes me wonder what crapgadgets 45 intends to slap his tacky name on next? The current occupant of the Oval Office only does things that he thinks will benefit him.
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He’'ll just tax them more until they move production back. Yeah, because that makes sense. /s
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Exactly what he’s already threatened against Harley-Davidson (which I think you are alluding to.)
1.) Trump starts trade war, 2.) other countries respond in kind, 3.) US businesses have to move production overseas, 4.) Trump threatens to tax them more either to keep jobs in the US or just as some kind of punishment for making him look dumb.
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This might also benefit countries like Australia - if you still want to do last screw processes somewhere other than China, but can’t do them in the US any more, doing last screw in a friendly, stable, rule-of-law country with solid IP regulations (a little too deferential to US corporate needs perhaps, but useful in this case), and a well educated workforce, Australia suddenly looks pretty good.
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bonus, trump has blown up the national debt, massively, even pre-wall funding by congress, yet somehow republicans suddenly don’t care about the debt, only when there is a Democrat President (remember Maddow’s PSA about how the debt ALWAYS goes up under republican presidents but always down under democrats?)
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I think you mean the deficit, not debt, under various administrations.
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Exactly the type of education that might, just might, benefit some trumpers. Poof.
Like killing re-training programs in coal country. Poof.
Keeping people stupid any way they can. Poof.
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That was right by the GOP playbook. Manufacture a crisis, then demand cuts to social services to solve the crisis. Rinse and repeat. It’s the only politically viable way to cut popular services.
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If conservatives truly cared about the deficit they wouldn’t have funneled trillions of dollars into our various overseas boondoggle wars of the past two decades. The only care about the deficit when it helps poor people or minorities, or doesn’t directly benefit them and the small circle that they care about.
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whoops you are right, deficit, can’t find her PSA right now but this flashback will do
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Can we just take a moment to shit on the idea of “Chinese industrial spies stealing secrets and violating patents” being a problem? America was founded and succeeded as an industrialized nation based on exactly this kind of wholesale theft. This is not theft, this is how human creativity is meant to work. Let the evil Chinese spies have our secrets; when they learn and improve on them, we will benefit.
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Exactly the sort of horseshit partisan claim I’ve come to expect from Maddow. It makes no sense and is easily disproven:
Obviously Obama, who inherited a shit economy which immediately produced (1) lower tax receipts and (2) mandatory spending increases to help struggling citizens, posted huge deficits and ballooned the debt - as he should have. The deficit hawks are wrong, as usual, and lauding Democrats for being good, conservative spenders is just misguided, even if it were true.
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Funny how Reagan and Bush Sr tanked the budget, Clinton created a surplus, Bush Jr then tanked it HARD, and Obama made great strides in pulling it back (all while being saddled with W’s pointless wars, a hostile Congress, and introducing the ACA). Now Trump’s tanking it again while promising major cuts to social programs.
Fiscal conservative, my ass.
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Yeah, one of our electronics designers was just giving us a heads up about this the other day. We produce a lot of small volume, custom, and prototype electronics, which we have had mostly assembled in the US. We are now facing a 25 percent tariff on a lot of components we use, but we can avoid those by using overseas assembly.
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Trump is a pro at bankruptcy. As America’s CEO he’s going to run this country like his previous businesses.
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*And increasingly it looks like China, too. So many actions recently that benefit Chinese industries and hurt US ones. Stupidity - while a factor, obviously - doesn’t seem to fully explain it. So yeah, definitely both.
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