Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Can Trumps economic plan work?
#7
lot of questions. Some of the things he's advocated (higher tariffs) I'm personally in favor of. Cheap foreign made goods have flooded our market for decades. Low quality, but people dont care. They just look at the price in store. In theory, higher tariffs will help. But most likely, our elected officials will tack on exemptions for whoever bribes then the most. Maybe cars, maybe clothes.

one thing with manufacturing. Trump is hitting it at the right time. Mostly thanks to GOP legislation like right to work and prevailing wage removal, salaries are going down. American workers are working more, making less. Manufacturers are looking for that.

the problem they run into is, the price of goods isn't going down, so they end up having a hard time finding workers who put up with manufacturing work (long hours, sometimes harsh conditions) for little money. We've got a couple plants in my area that pay 10-12$ an hour. Doesn't matter if you've been there a day or a decade. They can't keep help when they're essentially competing with WalMart who pays a dollar or two less, but their workers qualify for federal and state benefits.

so it could be timing finds a lot of manufacturers looking to return to the us to take advantage of a cheaper workforce, combined with GOP -led state legislatures that are good with piling money on them to come (or stay). Once that cash runs out, and once they have to increase wages to get workers, the jobs will move again. 
[Image: 4CV0TeR.png]





Messages In This Thread
Can Trumps economic plan work? - hollodero - 01-09-2017, 11:50 PM
RE: Can Trumps economic plan work? - Benton - 01-10-2017, 01:31 AM
RE: Can Trumps economic plan work? - xxlt - 01-23-2017, 10:21 AM
RE: Can Trumps economic plan work? - xxlt - 01-23-2017, 01:46 PM
RE: Can Trumps economic plan work? - xxlt - 01-23-2017, 05:02 PM
RE: Can Trumps economic plan work? - xxlt - 01-24-2017, 10:29 AM
RE: Can Trumps economic plan work? - xxlt - 01-25-2017, 08:35 PM
RE: Can Trumps economic plan work? - xxlt - 01-24-2017, 10:31 AM
RE: Can Trumps economic plan work? - jason - 01-26-2017, 12:18 AM
RE: Can Trumps economic plan work? - xxlt - 01-26-2017, 03:12 PM
RE: Can Trumps economic plan work? - xxlt - 01-26-2017, 08:34 PM
RE: Can Trumps economic plan work? - jason - 01-26-2017, 04:10 PM

Forum Jump:


Users browsing this thread: 10 Guest(s)