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-   -   Global mfg will never relocate (https://www.talkofthevillages.com/forums/investment-talk-158/global-mfg-will-never-relocate-357885/)

golfing eagles 04-09-2025 09:51 AM

Quote:

Originally Posted by ithos (Post 2422584)
I consider this more of an economic topic. This is an issue that is impacting the retirement funds of most of the people who live in TV. I hope we can keep it academic and not political.

"Hope Springs Eternal"----Alexander Pope

ithos 04-09-2025 10:04 AM

Quote:

Originally Posted by kingofbeer (Post 2422549)
We put our troops there because it benefits US interests over the entire world.

The only legitmate interests we had was to protect foreign sources of oil when we were not energy self sufficient.

We have absolutely no reason to have troops in Europe.

In 2014, Europe spent 1.3% of GDP, while we spent 3.7%. It has only been recently that they have boosted spending.

Sunnyme 04-09-2025 10:13 AM

Quote:

Originally Posted by Arctic Fox (Post 2422214)
Tariffs are simply a tax on the US public.

Most of the stuff imported from China can never be made here as cheaply, even with a 100% tariff. Even items that can will be manufactured in factories that are full of robots, not workers, so any benefits to employment numbers will be minimal.

Globalization is far from perfect, but it is preferable to isolationism.

somebody has to make all of those robots, and machine tools and build the automated manufacturing sites, we can do that in America.
Be American Buy American

SoCalGal 04-09-2025 10:21 AM

Quote:

Originally Posted by CoachKandSportsguy (Post 2422093)
Let's get this straight: The grand plan trying to reverse 40 years of product trade optimization is very, very risky, and most likely not going to happen.

Here's a headline from today's news: 70 Countries Respond to Trump

It shouldn't take too long to restore a level playing field.

In addition, I read that China dominates the global supply of raw tungsten required to make U.S. warships and tanks. U.S. currently produces 0% of its own tungsten. This must change.

Bill14564 04-09-2025 10:28 AM

Quote:

Originally Posted by Sunnyme (Post 2422597)
somebody has to make all of those robots, and machine tools and build the automated manufacturing sites, we can do that in America.
Be American Buy American

Then the tariffs are not a punishment of other countries for making less expensive products but are actually arm twisting of the American public to buy American?

Buy American or we impose tariffs and tank your retirement accounts.

And if we can use the tariff income to offset tax breaks for billionaires then it’s a win-win.

ithos 04-09-2025 10:30 AM

Quote:

Originally Posted by kingofbeer (Post 2422510)
Hogwash! Get an education, get a college degree, work in health care (which has a massive shortage). Manufacturing is not coming back to the US in large numbers. Get over it already!

Oh, yeah that makes sense. We can all get sick to boost our economic output. And the rest of the world is going to keep sending us all the stuff we use to manufacturer in exchange for dollars in which there is an infinite supply.

Get over what? I simply don't believe in the tooth fairy or think that a country can stay prosperous forever if it runs up trade deficits and government debt every year, decade after decade. Printing money doesn't count as manufacturing.

kingofbeer 04-09-2025 10:31 AM

Quote:

Originally Posted by Normal (Post 2422576)
The EU, Australia, Vietnam, South Korea, Japan and Israel are all negotiating their differences. The rest aren’t mentioned much? Perhaps it’s all part of deal making.

I think it is all fake news. They are just trying to crash the markets or manipulate the markets to grift money. Tariffs are coming out of your pocket.

SoCalGal 04-09-2025 10:31 AM

Quote:

Originally Posted by airstreamingypsy (Post 2422484)
Trump graduated from the University of Pennsylvania in 1968 with a bachelor's degree in economics.

Wharton didn’t start offering an MBA program until 1972, though it had been offering undergraduate business education since the 1880s. Trump has occasionally referred to his degree as an “undergraduate MBA” or implied its equivalent to an advanced degree, but factually, it’s a bachelor’s, not an MBA. His official bio sticks to the B.S. in Economics line.

kingofbeer 04-09-2025 10:32 AM

Quote:

Originally Posted by Bill14564 (Post 2422609)
Then the tariffs are not a punishment of other countries for making less expensive products but are actually arm twisting of the American public to buy American?

Buy American or we impose tariffs and tank your retirement accounts.

And if we can use the tariff income to offset tax breaks for billionaires then it’s a win-win.

Dumbest economic policies since Herbert Hoover (R) was President.

SoCalGal 04-09-2025 10:33 AM

Quote:

Originally Posted by kingofbeer (Post 2422611)
They are just trying to crash the markets or manipulate the markets to grift money.

Who is "they" in this context?

kingofbeer 04-09-2025 10:33 AM

Quote:

Originally Posted by ithos (Post 2422610)
Oh, yeah that makes sense. We can all get sick to boost our economic output. And the rest of the world is going to keep sending us all the stuff we use to manufacturer in exchange for dollars in which there is an infinite supply.

Get over what? I simply don't believe in the tooth fairy or think that a country can stay prosperous forever if it runs up trade deficits and government debt every year, decade after decade. Printing money doesn't count as manufacturing.

Cut the spending. Cut defense spending, cut VA Benefits.

SoCalGal 04-09-2025 10:41 AM

Quote:

Originally Posted by KAM+6 (Post 2422511)
Went Bankrupt 6 times, several other businesses went bust. Latest was DC hotel. Scotland and Ireland golf courses have been in the red since day one. Also, many in US.

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who strives, who dares greatly, who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat. ~Theodore Roosevelt (April 23, 1910)

Bogie Shooter 04-09-2025 10:42 AM

Quote:

Originally Posted by SoCalGal (Post 2422613)
Wharton didn’t start offering an MBA program until 1972, though it had been offering undergraduate business education since the 1880s. Trump has occasionally referred to his degree as an “undergraduate MBA” or implied its equivalent to an advanced degree, but factually, it’s a bachelor’s, not an MBA. His official bio sticks to the B.S. in Economics line.

But he does have a low golf handicap.

SoCalGal 04-09-2025 10:45 AM

Quote:

Originally Posted by kingofbeer (Post 2422549)
We put our troops there because it benefits US interests over the entire world.

Still, they need to start paying the U.S. for their protection.

SoCalGal 04-09-2025 10:50 AM

Quote:

Originally Posted by bopat (Post 2422557)
I remember back in the 1990s when Walmart had a lot of USA made products.

Indeed, it was their claim to fame. Back in the ‘90s, Walmart leaned hard into the “Made in the USA” angle, and it was a big part of their public image. Sam Walton, the founder, kicked this off in the ‘80s with a campaign called “Bring It Back to America,” pushing suppliers to source domestically. By the early ‘90s, Walmart was plastering “Made in America” signs in stores, running ads with patriotic vibes, and claiming they were boosting U.S. jobs. A 1992 annual report bragged they’d added $1.5 billion in American-made goods that year alone. It wasn’t just PR fluff either—estimates from that era suggest 80-90% of their inventory was U.S.-sourced at one point, per trade journals and old news clips.

ithos 04-09-2025 10:51 AM

Quote:

Originally Posted by kingofbeer (Post 2422606)
You sound like an "America First" bobblehead.

What loyal citizen doesn't believe that their country's interest should be considered a higher priority over all others?

ithos 04-09-2025 11:00 AM

Quote:

Originally Posted by kingofbeer (Post 2422616)
Cut the spending. Cut defense spending, cut VA Benefits.

You can start cutting defense by bringing troops home which can be done if the country is energy independent and has a strong manufacturing economy.

As far as the VA is concerned I'll let someone else take that up.

SoCalGal 04-09-2025 11:03 AM

Quote:

Originally Posted by RickyLee (Post 2422536)
Pharmaceuticals/medicine are my main concern. We need to bring them home



Tariffs: An Opportunity for Drug Production in the USA – RedState

ithos 04-09-2025 11:04 AM

Is there anyone out there anticipating a "surprise" rate cut?

Eg_cruz 04-09-2025 11:05 AM

Quote:

Originally Posted by Whatnext (Post 2422153)
Better buy your new iPhone now before the possiblef 104% tariff materializes.
As they say, "its not over until the fat lady sings!"

I will wait for the new Tesla phone

kingofbeer 04-09-2025 11:06 AM

Quote:

Originally Posted by SoCalGal (Post 2422623)
Still, they need to start paying the U.S. for their protection.

We are protecting our interests abroad. Stopping China and Russian aggression. Fighting terrorist organization. Do you think smaller countries have the intelligence and military to do this on their own? US has always been the "policeman" of the civilized world.

DrHitch 04-09-2025 12:10 PM

Quote:

Originally Posted by Pugchief (Post 2422206)
There are also things that MUST be made here. Pharmaceuticals are the most pressing, but there are others.

There is no product or service that "must" be made/created in the USA...we are only one of many players in the world's trade economy.

In fact, most pharmaceuticals are not manufactured in the USA ...Big Pharma needs to stop advertising on TV too.

golfing eagles 04-09-2025 12:31 PM

Global mfg will never relocate?????

It will if it is more profitable than manufacturing overseas.

Aces4 04-09-2025 12:45 PM

Quote:

Originally Posted by Bogie Shooter (Post 2422622)
But he does have a low golf handicap.

Not to mention he's has the mental acuity to play golf.:a040:

Aces4 04-09-2025 12:49 PM

Quote:

Originally Posted by DrHitch (Post 2422663)
There is no product or service that "must" be made/created in the USA...we are only one of many players in the world's trade economy.

In fact, most pharmaceuticals are not manufactured in the USA ...Big Pharma needs to stop advertising on TV too.

Therein lies the rub. Would you want any important drug, you may require now or down the road, be use as an availability weapon in a dispute between countries? If I needed nitroglycerin spray, powder or tablets under my tongue, I would want access to them guaranteed.

Aces4 04-09-2025 12:51 PM

Quote:

Originally Posted by SoCalGal (Post 2422621)
It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who strives, who dares greatly, who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat. ~Theodore Roosevelt (April 23, 1910)

There you go.. excellent!

Aces4 04-09-2025 12:54 PM

Quote:

Originally Posted by Bill14564 (Post 2422609)
Then the tariffs are not a punishment of other countries for making less expensive products but are actually arm twisting of the American public to buy American?

Buy American or we impose tariffs and tank your retirement accounts.

And if we can use the tariff income to offset tax breaks for billionaires then it’s a win-win.

I'll bet you wish there were more "billionaires" to float that boat.


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