OFFICIAL: Donald Trump thread.

[Hype job]

Bingo!!

Well said.

Now let's see if he can grasp the basic Economic concepts he's just been shown.....

Businesses don't want to pay manufacturing workers more, that's why they offshore and automate.

[Sugar Adam Ali]

Yeah but 1bad says higher wages benefit the businesses who employ those workers.

And if you believe in the 'free market' wages wouldn't be determined by what you 'think' they should be.

And manufacturing jobs are never coming back. Automation and offshoring is cheaper, so businesses will opt for that option.

Why do you oppose min wage increases, but support manufacturing workers being artificially protected through protectionism?

Not 'free market' is it?

Then let's get rid of labor laws..

See the jobs aren't coming back because companies are forced to adhere to labor laws to protect workers. But then the politicians allow companies to use labor that doesn't fall under those rules. This is how the trade acts negatively effect the country

[Hype job]

Then let's get rid of labor laws..

See the jobs aren't coming back because companies are forced to adhere to labor laws to protect workers. But then the politicians allow companies to use labor that doesn't fall under those rules. This is how the trade acts negatively effect the country

You think doing away with 'labor laws' will allow Americans to compete with Chinese and other 3rd world countries who pay the equivalent of less than American McDonalds workers?



What you're essentially saying is, do away with labor laws, health and safety provisions, bring the quality of life for American manufacturing workers down to 3rd world status. Because that's the only way they'll be able to compete with China and other 3rd world countries.

[1bad65]

Businesses don't want to pay manufacturing workers more, that's why they offshore and automate.

They may not want to, but when market forces force them to, they do.

Again, we saw this happen in the 80s. I'm talking documented History with you, not Economic theory.

[1bad65]

Yeah but 1bad says higher wages benefit the businesses who employ those workers.

False, and don't attribute words to me I did not say.

I said when workers' wages rise, consumer spending rises which increases corporate profits.

And if you believe in the 'free market' wages wouldn't be determined by what you 'think' they should be.

Not sure what you mean, but we definitely do not need lifer politicians setting them to what they 'think' wages should be.

And manufacturing jobs are never coming back. Automation and offshoring is cheaper, so businesses will opt for that option.

Conjecture on the first part, ignorance on the second part.

Even with automation you need workers to monitor, repair, maintain, etc the machines. And someone has to build them, sell them, transport them, install them, etc.

You really need to educate yourself on the most basic tenets of Supply Side Economics before you continue on.

If not, this will turn to a learning session for you, and a teaching session for me.

Why do you oppose min wage increases, but support manufacturing workers being artificially protected through protectionism?

Simple.

The Constitution allows for the Federal Gov't to set tariffs and other trade policies. It does not allow for the Federal Gov't to set wages.

[Hype job]

This happened in the 80s, for example. A good jobs market saw wages rise. It's Capitalism 101.

For the richest maybe, not for median households. Their wages were stagnant or declining.

A good jobs market should see wages rise in theory. But it's in shareholders/business owners best interests to pay their workers as little as they can to get the biggest return on investment.

The best way to raise wages would be through limiting offshoring and immigration control. Neither of those are 'market forces' though. They're political decisions.

'Market forces' would see your wages go straight down the toilet through even higher immigration and offshoring than you currently have.

[Hype job]

They may not want to, but when market forces force them to, they do.

Again, we saw this happen in the 80s. I'm talking documented History with you, not Economic theory.

What market forces would force them to pay higher wages then?

[Sugar Adam Ali]

You think doing away with 'labor laws' will allow Americans to compete with Chinese and other 3rd world countries who pay the equivalent of less than American McDonalds workers?



What you're essentially saying is, do away with labor laws, health and safety provisions, bring the quality of life for American manufacturing workers down to 3rd world status. Because that's the only way they'll be able to compete with China and other 3rd world countries.

No, I'm saying only have trade acts with countries that have similar labor laws and not countries with no worker rights

[GhostofDempsey]

Evidence of media bias can be found in their silence. When Barry was President they reported and celebrated all of these 175-200K jobs per month being created by the Almighty. Never once breaking down those jobs to report that they were mostly part-time and/or minimum wage jobs that no one could live on. Now, numbers aren't even reported by mainstream media.

Trump has to fight Democrats and Republicans in order to create jobs and tax cuts. It won't happen overnight. Barry spent eight years of his presidency blaming Bush for his failures and shortcomings. His admin and the media tried to put a spin on unemployment numbers, claiming single digit percentages, but failed to count all of the non-working Americans who fell off the unemployment rolls or gave up trying because there were no jobs. The true unemployment figures were at least twice what the media and his admin was reporting.

[Hype job]

No, I'm saying only have trade acts with countries that have similar labor laws and not countries with no worker rights

Why would capitalists want that though? Isn't that impinging on your 'free market' ideals?