quote:

ORIGINAL: tamaka
Who buys ships... and how many do they need... and... why

quote:

ORIGINAL: KenDckey
You mean no one is using RORO, Container, Tankers, break bulk ships in industry any longer? How in the hell is Japan getting so many vehicles over here?

quote:

ORIGINAL: LadyDemura

Nationalism works very well as a political talking point. Not as well in reality. While the US could do better than some countries if we shut off all trade, we would still be lacking in some things, and we would be losing out on trading the goods that are better produced here than elsewhere. While we do produce some oil, we use way more than we produce. We don't produce rare earth elements, which are needed for electronics. The only rare earth mine in the US shut down recently, it is much more economical to get those from China where they are in greater abundance. Or is going back to when America was Great Again include getting rid of computers and cell phones?

quote:

ORIGINAL: heavyblinker

If they're so interested in creating jobs then why have they so far only announced tax breaks for rich industrialists in profitable industries with absolutely no demands that they use the money to create jobs that they don't even need to create?

quote:

ORIGINAL: Nnanji
Because when multinational corporations see a corporate tax rate in the U.S. Of 35 percent and corporate tax rates in other countries at 15 percent they leave the money outside the U.S. And create jobs with it outside the U.S.

Since corporations don't pay taxes, they just pass the cost along to consumers, that makes American made products twenty percent more expensive than foreign products. It's a nice redistribution of wealth away from the U.S. And profitable for multinationals, but it sucks for people in the U.S.

quote:

ORIGINAL: Nnanji

quote:

ORIGINAL: LadyDemura

Nationalism works very well as a political talking point. Not as well in reality. While the US could do better than some countries if we shut off all trade, we would still be lacking in some things, and we would be losing out on trading the goods that are better produced here than elsewhere. While we do produce some oil, we use way more than we produce. We don't produce rare earth elements, which are needed for electronics. The only rare earth mine in the US shut down recently, it is much more economical to get those from China where they are in greater abundance. Or is going back to when America was Great Again include getting rid of computers and cell phones?

While China is in the WTO, the centralized government has, and presumably will continue, to dump things in the U.S. at rates far below American producers can make them.

http://www.reuters.com/article/us-usa-trade-chemicals-idUSKCN0W52U7

The central government takes a hit for a couple of years until there are no more American manufacturers then raises the price when they are the sole market provider. It's devastated parts of the California food industry. Nobody said anything but "fair" trade in the Trump camp. Free trade is wonderful as long as everyone plays by the agreed upon rules. China, for one, doesn't do that.

quote:

ORIGINAL: heavyblinker

quote:

ORIGINAL: Nnanji
Because when multinational corporations see a corporate tax rate in the U.S. Of 35 percent and corporate tax rates in other countries at 15 percent they leave the money outside the U.S. And create jobs with it outside the U.S.

Since corporations don't pay taxes, they just pass the cost along to consumers, that makes American made products twenty percent more expensive than foreign products. It's a nice redistribution of wealth away from the U.S. And profitable for multinationals, but it sucks for people in the U.S.

Wow, I haven't seen this argument in a long time... I thought that people stopped making it.

90% of businesses don't even pay that tax.

http://www.forbes.com/sites/timworstall/2014/12/23/more-than-90-of-us-businesses-dont-pay-the-corporate-income-tax/

But anyways what does that have to do with creating jobs? Machines are still cheaper than people. Foreign labor is still cheaper and just as if not more skilled than domestic labor. A lot of manufacturing moved to get away from unions and environmental standards, not because of taxes they weren't even paying. These profitable industries will just take the subsidies and put it in their pockets.

Protectionism will do a lot more to raise the prices of goods than the useless taxes ever will.

quote:

ORIGINAL: Nnanji

quote:

ORIGINAL: heavyblinker

quote:

ORIGINAL: Nnanji
Because when multinational corporations see a corporate tax rate in the U.S. Of 35 percent and corporate tax rates in other countries at 15 percent they leave the money outside the U.S. And create jobs with it outside the U.S.

Since corporations don't pay taxes, they just pass the cost along to consumers, that makes American made products twenty percent more expensive than foreign products. It's a nice redistribution of wealth away from the U.S. And profitable for multinationals, but it sucks for people in the U.S.

Wow, I haven't seen this argument in a long time... I thought that people stopped making it.

90% of businesses don't even pay that tax.

http://www.forbes.com/sites/timworstall/2014/12/23/more-than-90-of-us-businesses-dont-pay-the-corporate-income-tax/

But anyways what does that have to do with creating jobs? Machines are still cheaper than people. Foreign labor is still cheaper and just as if not more skilled than domestic labor. A lot of manufacturing moved to get away from unions and environmental standards, not because of taxes they weren't even paying. These profitable industries will just take the subsidies and put it in their pockets.

Protectionism will do a lot more to raise the prices of goods than the useless taxes ever will.

Apparently you didn't follow the election as closely as you'd have us believe.