[Paper1]

Originally Posted by Topspinmo

Due to outrageous fraud and wasteful spending the federal government NEEDS trillions or we WILL be 3rd world. IMO it’s too late, the only way we’re going to get out of debt is send payment with nuke attach. IMO world war coming

Although I hope you are wrong about the war part I do agree with your thinking about national debt. I don’t believe it can mathematically be repaid, we can’t even balance the budget for one year. We as a people are addicted to our grandchildren’s credit card and the US money printing machine. We are not screwed but surely have set up future generations to take our long over due bitter medicine for us. Americans have been led to believe there is such a thing as “something for nothing”, it is now the great American dream.

[rsmurano]

Of course the OP shows worst case scenario. All the jobs that are coming into the united states are based on AI, car manufacturing, and electric grid enhancements to power the new AI server farms. I can tell you, these people will easily make over 6 digit wages.
The new generation of kids don’t want to work, they want everything given to them like they are entitled. This generation is setting new records for living with their parents until they are in their late 30’s. The government should stop all payments to everybody that can work.

[spinner1001]

It seems that everyone is an economist now.

[spinner1001]

Originally Posted by spinner1001

It seems that everyone is an economist now.

Economists now.

[Whatnext]

Originally Posted by Aviator1211

The fact is foreign adversaries like China are using the trade deficit to purchase control of US land, assets, companies, and debt. It has to stop before China has enough power to wage WWIII.

Don't allow yourself to be sucked in by the liberal propoganda. It would be stupid to hand sew jeans. What we want is fully automated jean factories in the USA (or Thailand can continue to make jeans as long as they buy equal value of goods we make).

This trade deficit MUST end. Sadly there are too many brainwashed US citizens who don't see the danger and I fear many of those who do don't have the stomach or the patience for the pain it is going to take to correct 50 years of terrible economic decisions and fiscal policy.

We owe a huge apology to our grandchildren.

Why should Thailand, or any other country be penalized for making goods for American companies?
Corporate America are the ones who took industry away from the American workers in pursuit of higher profits. Let them pick up the tab for the import tariffs.

[Indydealmaker]

Originally Posted by salpal

agree....can you imagine Americans sewing blue jeans in a factory for very small wages? We want to encourage young people to STEM careers. People forget...the robots are coming. Do we want the USA to go back to the 1800's with factories? No, we want to be supreme in technology and all STEM areas.

These employment paths are not mutually exclusive, but synergistic. There are millions of employees that really can only perform by rote. Our society has devolved to shaming actual labor.

[Ptmcbriz]

Originally Posted by opinionist

We need manufacturing for a trade balance. That does not mean we need to manufacture socks. We only need to make stuff that other countries would want to buy. Services can be part of the balance, but we need manufacturing for national security interests.

So you think Americans are fine with paying $45 for a doll vs $19, because labor costs are so high in the US? If US manufacturers moved back they would go bankrupt because Americans would scale back. They can’t afford the higher prices. Plus the US manufacturers in the US would no longer be able to compete globally because the doll costs too much. They have to stay in China to compete globally. They can still sell their $19 dolls to 100+ countries. They can’t with a $45 doll.

[Lottoguy]

There has been a trade deficit for 50 years now. In that time the USA economy has grown 350%. Check the facts if you don't believe me. Listen to the Nobel economic laureates instead of what comes out of DC.

[Sunnyme]

Originally Posted by Ptmcbriz

So you think Americans are fine with paying $45 for a doll vs $19, because labor costs are so high in the US? If US manufacturers moved back they would go bankrupt because Americans would scale back. They can’t afford the higher prices. Plus the US manufacturers in the US would no longer be able to compete globally because the doll costs too much. They have to stay in China to compete globally. They can still sell their $19 dolls to 100+ countries. They can’t with a $45 doll.

Disagree completely, many foreign auto manufacturers have found a way to be competitive building cars and trucks in the USA. Subaru in Lafeyette IN, Toyota has 10 automotive plants in the USA, Honda in Marysville OH and there are more.
Other foreign manufacturers that do not have a US manufacturing presence but want to sell here need to also build here.

The USA manufacturers that have moved plants and jobs to Mexico and SE Asia need to be reeled in.

And for the folks that say manufacturing today in all done by robots,, someone needs to design that manufacturing system, someone needs to design and build the robots, someone needs to service and maintain the manufacturing system and the robots, someone needs to design and build the facility that holds the manufacturing system and the robots, someone needs so plan and organize the production of the manufacturing system someone need to schedule the shipping and logistics for the product that is produced, and on and on. These are all jobs that should be here in the USA. Manufacturing sites also increase the local tax base providing money for infrastructure and schools.
Be American-Buy American.

[Normal]

Originally Posted by Sunnyme

Disagree completely, many foreign auto manufacturers have found a way to be competitive building cars and trucks in the USA. Subaru in Lafeyette IN, Toyota has 10 automotive plants in the USA, Honda in Marysville OH and there are more.
Other foreign manufacturers that do not have a US manufacturing presence but want to sell here need to also build here.

The USA manufacturers that have moved plants and jobs to Mexico and SE Asia need to be reeled in.

And for the folks that say manufacturing today in all done by robots,, someone needs to design that manufacturing system, someone needs to design and build the robots, someone needs to service and maintain the manufacturing system and the robots, someone needs to design and build the facility that holds the manufacturing system and the robots, someone needs so plan and organize the production of the manufacturing system someone need to schedule the shipping and logistics for the product that is produced, and on and on. These are all jobs that should be here in the USA. Manufacturing sites also increase the local tax base providing money for infrastructure and schools.
Be American-Buy American.

We have many shuttered facilities for auto manufacturing that could be reopened within weeks too. I say bring those incomes back from Canada and Mexico. Let’s pay Americans to do those jobs first.

Steel plants could fire up production within the month.
US Steel will cut jobs, close plants, move HQ from Pittsburgh if Nippon sale fails, CEO warns

[Aces4]

Originally Posted by spinner1001

It seems that everyone is an economist now.

Or have a lot of common sense!

[Aces4]

Originally Posted by Lottoguy

There has been a trade deficit for 50 years now. In that time the USA economy has grown 350%. Check the facts if you don't believe me. Listen to the Nobel economic laureates instead of what comes out of DC.

And how has the USA debt grown in that same space?

[Aces4]

Originally Posted by Ptmcbriz

So you think Americans are fine with paying $45 for a doll vs $19, because labor costs are so high in the US? If US manufacturers moved back they would go bankrupt because Americans would scale back. They can’t afford the higher prices. Plus the US manufacturers in the US would no longer be able to compete globally because the doll costs too much. They have to stay in China to compete globally. They can still sell their $19 dolls to 100+ countries. They can’t with a $45 doll.

With a slight of hand, businesses figured out how to put a large portion of the debit side of their ledgers on the backs of US citizens and then convinced us we were getting a great deal with cheaper foreign products. Few noticed how the jobless affected our budgets at home with the jobs shipped overseas. As we pay out of our pockets for all the programs that support the loss of employment, subsidized housing/rent, Medicaid, food stamps, health insurance and all the social programs for the jobless not to mention the lack of dignity and loss of self esteem for those affected. We also lost the very important ability to care for ourselves in the event of world disagreements or worse. Yeah, we sure came out ahead, ahem.

[Topspinmo]

Originally Posted by OrangeBlossomBaby

I find it strange that in this thread, no one has even mentioned a need for more people in the medical field, and in health care in general. You want more Americans to be home health aids for seniors who aren't ready for nursing homes yet? Maybe - give more Americans more incentive to qualify as home health aids. Right now, most of them in Florida are immigrants, because they can't FIND Americans who want to do the work.

We have a nursing shortage in Florida. We also have a physician shortage. And an orthopedic surgery shortage. The people who can afford the education necessary to get degrees, don't seem to be interested in those degrees. So we have to seek these professionals from other places. A doctor from Pakistan will be just as qualified to diagnose your hernia as a doctor from Toledo Ohio. If Toledo doesn't want to come to the party, then you need to suck it up, and learn to love the guy from Pakistan. The first step is to stop this "mass deportation" stuff and denaturalizing and cancelling green cards stuff. If they're here LEGALLY and haven't broken any laws while here, then leave them the heck alone and let them continue contributing to society and paying their taxes (yes, immigrants pay taxes).

Don't forget also, medical professionals from other countries pay MUCH less for their medical education than we do here in the States. So they can afford to work for less, when they get here. They have lower payments to pay off any loans, and some of them earn their degrees for free, courtesy of their country of origin.

In Pakistan (using the same country as above for the example) a local student can easily pay less than $5,000 per year in tuition. They have to fund their own housing, living expenses, elective fees but if they live nearby at home, the additional cost is negligible.

Pakistan (using the same country as above for the example) a local student can easily pay less than $5,000 per year in tuition. They have to fund their own housing, living expenses, elective fees but if they live nearby at home, the additional cost is negligible.

You mean they not getting student loans for apartments, vehicles, vacations, and spring breaks in Cancun or Miami Beach? They haven’t been Americanized yet have they?

[Topspinmo]

Originally Posted by spinner1001

It seems that everyone is an economist now.

So a piece of paper makes them experts. Kinda like political science degree, getting paid to run your mouth as long as someone willing to listen.