Trump to tax 35% any business that leave US and tries to sell product/goods back to USA

[Póg mo 1,749]

US companies need to off shore in order to compete in global markets, yes. US labor is more expensive than most any other labor in the world.

Except Canada, Europe, Australia. Labor costs aren't that high. Also, the cost of labor typically only adds 1 to 7 ℅ of the costs of goods. Mostly the decision to offshore has more to do with taxes, insurance, land prices, etc.

[Inikamoze 86]

It's fun seeing the arguments put forward and the counter arguments too in all of this. The proof of any if this will be later down the road and not immediately (unless you are a Carrier employee).

Conventional policies are out of the window, this is a one man show and how he loves to be prime time! The unfortunate thing is this experiment is being played out with the nations wealth and health at stakes.

He's a high roller and understands the gambling %'s as he's owned casinos so be prepared when he rolls the dice.

One thing is for sure the house never loses and in this case the same will be said for the White House in the fullness of time. He will profit one way or another.

[Teddy B 17,252]

It's fun seeing the arguments put forward and the counter arguments too in all of this. The proof of any if this will be later down the road and not immediately (unless you are a Carrier employee).

Conventional policies are out of the window, this is a one man show and how he loves to be prime time! The unfortunate thing is this experiment is being played out with the nations wealth and health at stakes.

He's a high roller and understands the gambling %'s as he's owned casinos so be prepared when he rolls the dice.

One thing is for sure the house never loses and in this case the same will be said for the White House in the fullness of time. He will profit one way or another.

Fortunately being president of the US isn't a one man show. He will be held in check, even by members of his own party.

[Teddy B 17,252]

Except Canada, Europe, Australia. Labor costs aren't that high. Also, the cost of labor typically only adds 1 to 7 ℅ of the costs of goods. Mostly the decision to offshore has more to do with taxes, insurance, land prices, etc.

Of course there are other factors that go into the decisions, I don't think anyone is saying otherwise. But to deny labor costs are a considerable part of the decision would be just as naive. Ivanka Trumps clothing line reportedly generates $100 million annually. 7% of 100 million is $7 million per year, that's a lot of coffee money.

Edited December 6, 2016 by Teddy B

[Inikamoze 86]

Fortunately being president of the US isn't a one man show. He will be held in check, even by members of his own party.

You can talk all you want about checks and balances. Right now it's a new era of politics going on, whether it returns to established roots in 4 years who knows. The fight will go on internally in the Republican Party as to which of Dons demands, whimsical musings (new name for policies) they are willing to back.

Honeymoon phase right now and even then there are already grumblings. Wait until they hit an issue where him and Ryan are at loggerheads... this mans ego will get in the way of what's good for America so expect fireworks ?.

[Teddy B 17,252]

You can talk all you want about checks and balances. Right now it's a new era of politics going on, whether it returns to established roots in 4 years who knows. The fight will go on internally in the Republican Party as to which of Dons demands, whimsical musings (new name for policies) they are willing to back.

Honeymoon phase right now and even then there are already grumblings. Wait until they hit an issue where him and Ryan are at loggerheads... this mans ego will get in the way of what's good for America so expect fireworks ?.

You mean the established roots of the constitution? I wasn't aware that had changed along with The Donald being elected. What is he going to be able to do that any other president hasn't in regards to making policy law?

Edited December 6, 2016 by Teddy B

[smilesammich 10,727]

using 'new' and 'good' interchangeably seems to be the hip thing to do.

[Inikamoze 86]

Hold his party to ransom that's what... they would not be in the position they are now had it not been for the great orange ones' campaign. He holds leverage. Right now he might be playing nicely... healing the party etc.

One thing I can tell you about this demigod is he will want to have in place something that is long lasting after he leaves, just like Obama and ACÁ every president would like to leave a lasting legacy and Trump is yet to reveal his that I can tell you.

Then wait and see who wins out if it doesn't meet with conventional GOP values. They are throwing many of those out of the window right now just to get on his band wagon.

Talking of the constitution, I don't think Don has much time for that since he believes freedom of speech isn't all that important when it comes to the media or protesters.

Edited December 6, 2016 by Inikamoze

[Inikamoze 86]

using 'new' and 'good' interchangeably seems to be the hip thing to do.

There is nothing wrong with shaking up the establishment that I grant you but you don't do it by driving plastic car (made in China) into the sun either.

New is not always better (just ask Samsung and its notebook)

[Teddy B 17,252]

using 'new' and 'good' interchangeably seems to be the hip thing to do.

I agree bigly! It's gonna be yuuuuuggee!

Hold his party to ransom that's what... they would not be in the position they are now had it not been for the great orange ones' campaign. He holds leverage. Right now he might be playing nicely... healing the party etc.

One thing I can tell you about this demigod is he will want to have in place something that is long lasting after he leaves, just like Obama and ACÁ every president would like to leave a lasting legacy and Trump is yet to reveal his that I can tell you.

Then wait and see who wins out if it doesn't meet with conventional GOP values. They are throwing many of those out of the window right now just to get on his band wagon.

Talking of the constitution, I don't think Don has much time for that since he believes freedom of speech isn't all that important when it comes to the media or protesters.

[Póg mo 1,749]

Of course there are other factors that go into the decisions, I don't think anyone is saying otherwise. But to deny labor costs are a considerable part of the decision would be just as naive. Ivanka Trumps clothing line reportedly generates $100 million annually. 7% of 100 million is $7 million per year, that's a lot of coffee money.

I agree, and this is why CEO pay should be cut or heavily taxed. The insensitive to cut back on labor costs is just too great to resist, when someone is trying justify themselves remaining on as CEO to shareholders.

[TBoneTX 46,459]

I've long wondered, "If the CEO were to forgo his scheduled $X,000,000 pay raise this year, how many worker-bee jobs could be saved or added for that total amount?"