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Post by Peasifier on Nov 21, 2011 14:39:41 GMT -5
Wish I knew the answer to this one. The global economy is here and it's not going anywhere. Environmental compliance is expensive but the Chinese will fall into line. They have to otherwise they'll choke on their own byproducts. Sure, there may be some short term competitive advantage right now, but it's not sustainable. Sooner ot later, they will have to come around.
A 25% tarriff on imports? Even oil? Good luck there. What happens when China and other slap a 25% tarriff on our exports?
The burden is on Americans to rekindle our innovative spirit and find ways and new products to do things better, faster than the other guys.
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Post by badhattitude on Nov 21, 2011 15:12:14 GMT -5
Here's an innovative way to do it.
Come to America on a student visa and open an online company that sells IT products. all the items are drop shipped by the distributors. All the support is done by the manufacturers and all the sales and support are done back in the old country by your friends and family thorough a foreign bank but.
1) you get small disadvantages status with the federal, state and local government agencies.
2) You do not collect sales tax as you have no actual store.
3) All financial transactions are through a foreign bank so you pay no corporate or personnel taxes.
By the way this happens a lot and is legal. I have lost business to these companies more times than I want to admit.
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Post by Kiwipushrod on Nov 21, 2011 15:29:01 GMT -5
China already places a tariff on all imported goods. It's in the government manipulated devaluation of their currency. As well as some taxes. China's currency does not "Float" on the world market, Our currency does. This gives china an unfair advantage to trade. Some economists say the advantage is 40% or more. So a simple solution would be to place a "devalued currency fee" to all goods imported from there. An excellent article that Brian should read: www.nytimes.com/2010/03/15/opinion/15krugman.html?partner=rssnyt&emc=rssI also know that all media is biased one way or the other but it does give a better idea as to the problem. Me? well I'm "getting in the truck" Kiwi
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Post by banned on Nov 21, 2011 15:47:48 GMT -5
That's old news Trump was on this band wagon 5 years ago. What you over look is the benefit of cheap Chinese stuff. Americans don't want to spend $50 on a toaster even if it will last a lifetime. If they didn't want cheap goods they wouldn't buy them and the problem disappears. How upset were you in the 80s when foreign oil closed down all the domestic wells in the gulf? Would you be upset now if Saudi Arabia decided to DE value it's currency and gas dropped to 50 cents a gallon?? That would put lots of people out of work like it did in the 80s. Or would you say cheap fuel is good for all of us??
Brian
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Post by Avenger on Nov 21, 2011 16:07:21 GMT -5
Wish I knew the answer to this one. The global economy is here and it's not going anywhere. Environmental compliance is expensive but the Chinese will fall into line. They have to otherwise they'll choke on their own byproducts. Sure, there may be some short term competitive advantage right now, but it's not sustainable. Sooner ot later, they will have to come around. A 25% tarriff on imports? Even oil? Good luck there. What happens when China and other slap a 25% tarriff on our exports? The burden is on Americans to rekindle our innovative spirit and find ways and new products to do things better, faster than the other guys. Industry analysts are saying that US labor vs China labor becomes effectively equal in 2014 so we don't have far to go. As far as environmental, the rules and costs in the US are just MENTAL. Reality and practical ideas to reduce pollution left a long time ago. It's all about growing the government monster now. China isn't going to take it to the level of lunacy that we have and unless we compensate for that it will never be fair. Of course the better solution would be what Scott said earlier. Scale the EPA back to sanity. At some point you'll also have to look into equalizing labor laws and other regulatory nonsense, but let's not get ahead of our fantasy here.
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Post by krush on Nov 21, 2011 16:22:25 GMT -5
China is where USA was 50-100 years ago. I was in china a few months ago. It would BLOW YOUR MIND (see pics in link). Anyway, the place is smoggy, but I predict in 5-10 years that will clean up a lot. There weren't any cars older than 5-10 years on the road where I was. They have emissions testing. They have a rising middle class that wants to live better (hmm, 1950's USA?). They pay extra for brand name Nike, Coach, Rolex, New Balace, Apple stuff, etc etc.
Agree that the labor costs in China are rising higher and hgiher.
NEWSFLASH: it isn't only labor costs. That's the easy excuse. The differnece in labor can usually be made up by no need for transportation, etc. The killer is all the buearcrats that stick their nose in everything....compliance costs KILL any business under 500 people.
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Post by banned on Nov 22, 2011 8:21:14 GMT -5
Hey I thought of some more that have to get in the truck. What about Wal Mart with those $4 prescriptions. How about Home Depot and Loews you know before them you actually had to pay a reasonable mark up for pro grade tools. Now that not only hurts the local hardware store but all the contractors to. They actually make it possible for the run of the mill home owner to do things they would have hired others to today. OMG more are coming to mind WE NEED A BIGGER TRUCK. But if I go to one of those Internet dealers will I have to get into the truck to. This protectionism is so confusing.
Brian
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Post by badhattitude on Nov 22, 2011 8:50:03 GMT -5
Brian I agree there are good things and bad things that come from lower cost goods. The problem is moderation. Walfart wants to put competitors out of business and control the retail sector at higher margins like worst marine. The cheap meds are not just from them but other factors like the available of generics in the US market. remember they only sell the cheap stuff cheap.
Years ago when Sam Waltom was alive the walmart ideal was American products for the American people. Now its greed and profit. Walmart consistently encourages moving manufacturing out of the US to meet their pricing requirements regardless of how it affects the American people. It may be legal and it may be working but that does not make it moral in my book.
If we had a reasonable level of control of the imports against US produced products we could compete.(after dimantling the EPA and a few regulatory agencies) We also need to deal with the "too large to fail" BS. If walfart was in financial trouble would the gov bail them out because it's in the best interest of the country? We need to prevent a company from controlling the environment they are in.
I have no issue paying a bit more for US products knowing they are made by me and my neighbors. I hate buying products previously made in the USA but now made elsewhere while my neighbor is unemployed.
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Post by banned on Nov 22, 2011 11:01:34 GMT -5
I have no issue paying a bit more for US products knowing they are made by me and my neighbors. I hate buying products previously made in the USA but now made elsewhere while my neighbor is unemployed. Read more: flybridge.proboards.com/index.cgi?board=teabagging&action=display&thread=1273&page=2#ixzz1eRxsuN8cYour alone. I love it when everyone blames Wal mart for putting smaller places out. They can't do that without customers. The general public doesn't give a fat rats ass about Tom in the general store they want cheap stuff and plenty of it. If you have any doubt about that just stop by Walmart on Thursday night or Friday. Excuse me doctor I thought you just said your developing a procedure for a cardiac by pass?? What kind of anti American shit head are you?? Don't you realize if people live longer that will put a tremendous strain on social security and medicare. That will hurt all of us. Those old bacon guzzling cigarette smoking crack pots have lived long enough. GET IN THE TRUCK. Brian
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Post by badhattitude on Nov 22, 2011 12:03:25 GMT -5
Its the fuckin cheapskate blow boaters and MY owners.
Too many people only look at price.
A Big Mac cost less than a filet but too many morons don't care that one is better than the other. They see no additional vale so they go to Mcd.
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