Wangchung said:

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Limited IQ Redneck in PU said:

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So you think America should use something other than market prices to determine the worth of a mans labor?
If thats the case lets beat back poverty in america and make minimum wage $100 qn hour.. Everybody can be well off. No more poverty.

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Or we could make using foreign slave labor too costly so we can keep our money in our own economy, provide more jobs for Americans who will then be able to purchase more products thus strengthening our economic growth. Crazy, huh? Now try to answer without lying about the quality of American products or simping for slave labor.

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oh, and I'd presume you are one of those who love to shop at Wally World wanting the lowest possible price on goods. Guess what? All that **** is made in China. You cannot talk about what you do not understand .

I havent lied. My Samsung phone was made in Vietnam. My car was manufactured in Japan. Half ofthe clothes I wear are from foreign countries. I try to get the most for my money. I have no interest in subsidizing union bosses.

You can buy American all you want. Its supposed to be a free country.

J.R. said:

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Wangchung said:

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Limited IQ Redneck in PU said:

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So you think America should use something other than market prices to determine the worth of a mans labor?
If thats the case lets beat back poverty in america and make minimum wage $100 qn hour.. Everybody can be well off. No more poverty.

---

Or we could make using foreign slave labor too costly so we can keep our money in our own economy, provide more jobs for Americans who will then be able to purchase more products thus strengthening our economic growth. Crazy, huh? Now try to answer without lying about the quality of American products or simping for slave labor.

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You cannot talk about what you do not understand .

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Why not? You do it all the time.

So when dems initiate price controls is bad won't work. Never has never will.

I agree

When Trump want to fix prices by declaring tarriffs it's good.

Lol

J.R. said:

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yeah, lets bring all the manufacturing back to the US. How does a $4,000 I phone suite ya? I have run very large factories in Asia and Mexico. I know all too well about labor rates. One thing I can tell you specifically in China is that it is NOT slave labor. Factory jobs in large outfits in China come with an hourly wage, free housing as dorms are provided with 3 squares a day. Those are highly sought after jobs there.

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Oh look, what a shock, the guy who claims to have run banks, owned oil companies and anything else the conversation at hand would demand for a claim of authority on the topic now claims to have owned factories in China. Shocking, I tell ya. Can you see my face? Shocked.

J.R. said:

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Wangchung said:

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Limited IQ Redneck in PU said:

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So you think America should use something other than market prices to determine the worth of a mans labor?
If thats the case lets beat back poverty in america and make minimum wage $100 qn hour.. Everybody can be well off. No more poverty.

---

Or we could make using foreign slave labor too costly so we can keep our money in our own economy, provide more jobs for Americans who will then be able to purchase more products thus strengthening our economic growth. Crazy, huh? Now try to answer without lying about the quality of American products or simping for slave labor.

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oh, and I'd presume you are one of those who love to shop at Wally World wanting the lowest possible price on goods. Guess what? All that **** is made in China. You cannot talk about what you do not understand .

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"I actually own the Walmart corporation, so now anything I say cannot be refuted with common sense or fact!"

Limited IQ Redneck in PU said:

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So you think America should use something other than market prices to determine the worth of a mans labor?
If thats the case lets beat back poverty in america and make minimum wage $100 qn hour.. Everybody can be well off. No more poverty.

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American manufacturing jobs have been evaporating overseas for years; in order to be competitive; in order to survive.

So either US labor costs need to drop to approach those of Cambodia, India, Bolivia and other 3rd world countries or our companies will continue to go overseas.

If our people have to work for wages similar to those of 3rd world countries; their standard of living will eventually approach those of 3rd world countries. There is no magic alternative here.....it's pretty straightforward.

Tariffs protected American jobs and American industry from the establishment of the United States until the last few decades. Tariffs protected the US standard of living as well.

Whereas price controls have never worked in peacetime.

Isnt a tariff really a price control? KH makes eggs cheaper by subsidizing the cost at the store. Trump wants to use a tariff to force Americans to buy more expensive cars. Both moves are forms of price control. I could have sworn you said earlier in the thread that price controls dont work.

why not let the market determine the prices of eggs and cars?

Wangchung said:

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J.R. said:

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yeah, lets bring all the manufacturing back to the US. How does a $4,000 I phone suite ya? I have run very large factories in Asia and Mexico. I know all too well about labor rates. One thing I can tell you specifically in China is that it is NOT slave labor. Factory jobs in large outfits in China come with an hourly wage, free housing as dorms are provided with 3 squares a day. Those are highly sought after jobs there.

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Oh look, what a shock, the guy who claims to have run banks, owned oil companies and anything else the conversation at hand would demand for a claim of authority on the topic now claims to have owned factories in China. Shocking, I tell ya. Can you see my face? Shocked.

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Don't forget he's also a multi-degreed world traveling property management tycoon - who lives in an apartment and is on Obamacare. LOL!! What a hoot!

Limited IQ Redneck in PU said:

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Isnt a tariff really a price control? KH makes eggs cheaper by subsidizing the cost at the store. Trump wants to use a tariff to force Americans to buy more expensive cars. Both moves are forms of price control. I could have sworn you said earlier in the thread that price controls dont work.

why not let the market determine the prices of eggs and cars?

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No, a tariff is not remotely the same as price controls.

One last try.......

If Chinese car manufacturers only pay 6 dollars an hour in labor
And American companies pay over 50 .......


How are the American car companies going to survive in the long term ?
Their only answer is to go overseas.

If they go overseas it is Americans who are going to be unemployed.


Unless of course American workers would be willing to take a massive paycut.

And accept a grotesquely reduced standard of living.


I don't believe our auto workers are overpaid.
Though lately it's become clear school administrators are overpaid.

What we have is a progressive income tax and flat tariffs. What we need is a flat income tax and progressive tariffs. But that is a discussion for later. If Harris/Walz win, we won't have capitalism or a republic in which to have that discussion.

Limited IQ Redneck in PU said:

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So when dems initiate price controls is bad won't work. Never has never will.

I agree

When Trump want to fix prices by declaring tarriffs it's good.

Lol

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I hate it when you and I agree!!! Yep, Kamala's price controls and Trumps "across the board tariffs" on imported goods are equally stupid. Both ideas will punish the American consumer severely. Pick your poison.

Some manufacturing jobs won't come back to the US because we lack the talent. It's not just about cost, the US doesn't even have the people who know how to built the widget in the first place.

Realitybites said:

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What we have is a progressive income tax and flat tariffs. What we need is a flat income tax and progressive tariffs. But that is a discussion for later. If Harris/Walz win, we won't have capitalism or a republic in which to have that discussion.

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You are correct on all points.

However few are willing to study the situation long enough to connect the dots.

But if people only attempt to comprehend just one of your points .....it should be the last one.

Because if Harris gets power, the Supreme Court will inevitably be altered.

With various limitations on our personal freedoms to be initiated by her administration.

And those previously unthinkable limitations......will magically be
declared constitutional.

Johnny Bear said:

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J.R. said:

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Wangchung said:

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Limited IQ Redneck in PU said:

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So you think America should use something other than market prices to determine the worth of a mans labor?
If thats the case lets beat back poverty in america and make minimum wage $100 qn hour.. Everybody can be well off. No more poverty.

---

Or we could make using foreign slave labor too costly so we can keep our money in our own economy, provide more jobs for Americans who will then be able to purchase more products thus strengthening our economic growth. Crazy, huh? Now try to answer without lying about the quality of American products or simping for slave labor.

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You cannot talk about what you do not understand .

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Why not? You do it all the time.

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yeah, right Little Johnnie. You be clueless .

Wangchung said:

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J.R. said:

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yeah, lets bring all the manufacturing back to the US. How does a $4,000 I phone suite ya? I have run very large factories in Asia and Mexico. I know all too well about labor rates. One thing I can tell you specifically in China is that it is NOT slave labor. Factory jobs in large outfits in China come with an hourly wage, free housing as dorms are provided with 3 squares a day. Those are highly sought after jobs there.

---

Oh look, what a shock, the guy who claims to have run banks, owned oil companies and anything else the conversation at hand would demand for a claim of authority on the topic now claims to have owned factories in China. Shocking, I tell ya. Can you see my face? Shocked.

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hey monkey boy, I post anything that I do not know about. There is nothing that I have ever posted about my background that is remotely untrue. If you would like , we can discuss via PM. Ok.

Wangchung said:

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J.R. said:

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Wangchung said:

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Limited IQ Redneck in PU said:

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So you think America should use something other than market prices to determine the worth of a mans labor?
If thats the case lets beat back poverty in america and make minimum wage $100 qn hour.. Everybody can be well off. No more poverty.

---

Or we could make using foreign slave labor too costly so we can keep our money in our own economy, provide more jobs for Americans who will then be able to purchase more products thus strengthening our economic growth. Crazy, huh? Now try to answer without lying about the quality of American products or simping for slave labor.

---

oh, and I'd presume you are one of those who love to shop at Wally World wanting the lowest possible price on goods. Guess what? All that **** is made in China. You cannot talk about what you do not understand .

---

"I actually own the Walmart corporation, so now anything I say cannot be refuted with common sense or fact!"

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hello mr. walton

J.R. said:

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Wangchung said:

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J.R. said:

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yeah, lets bring all the manufacturing back to the US. How does a $4,000 I phone suite ya? I have run very large factories in Asia and Mexico. I know all too well about labor rates. One thing I can tell you specifically in China is that it is NOT slave labor. Factory jobs in large outfits in China come with an hourly wage, free housing as dorms are provided with 3 squares a day. Those are highly sought after jobs there.

---

Oh look, what a shock, the guy who claims to have run banks, owned oil companies and anything else the conversation at hand would demand for a claim of authority on the topic now claims to have owned factories in China. Shocking, I tell ya. Can you see my face? Shocked.

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hey monkey boy, I post anything that I do not know about. There is nothing that I have ever posted about my background that is remotely untrue. If you would like , we can discuss via PM. Ok.

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As I told you the last time, I don't read temper tantrum DMs. So you can send all the bull**** you like but it will go unread like your last one. Now let me guess, you invented the direct message, right?

If people want to support over payed and incompetent union workers it should be there choice.

It's funny that some people arguing to support union workers are contemplating moving out of the country. Reminds me of the old saying bull**** walks money talks

Limited IQ Redneck in PU said:

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Isnt a tariff really a price control? KH makes eggs cheaper by subsidizing the cost at the store. Trump wants to use a tariff to force Americans to buy more expensive cars. Both moves are forms of price control. I could have sworn you said earlier in the thread that price controls dont work.

why not let the market determine the prices of eggs and cars?

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Trump was talking about tariffs for Chinese EVs... not even close to the same thing as price controls on ALL vehicles.

In not a fan of tariffs, but even I can see that a very specific & targeted tariff, can be a useful tool in negotiations between nations.

Price controls are just stupid, and anyways lead to massive economic destruction.

Easily the dumbest woman on the planet.

People need to stop overreacting about Kamala’s plan to reduce food inflation, as if it would lead to communism, mass starvation, and the end of America.

I worked in M&A in the food industry. Here’s a step-by-step summary of what would actually happen:

1. The government… pic.twitter.com/r6drzTFf1a

— Robert Sterling (@RobertMSterling) August 17, 2024

Limited IQ Redneck in PU said:

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If people want to support over payed and incompetent union workers it should be there choice.

It's funny that some people arguing to support union workers are contemplating moving out of the country. Reminds me of the old saying bull**** walks money talks

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Says the guy who repeatedly flees to 3rd world economies where poor young girls pretend to be in luv ( long time ) with old guys and their non union dollars.

J.R. said:

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Now that is just idiotic. I do not in anyway think she is stupid. She is much smarter than fat boy, but, price controls never, ever work. Must grow the economy and pay down the debt instead of piling it on!

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You should stop "thinking." It's embarrassing.

Harrison Bergeron said:

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J.R. said:

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Now that is just idiotic. I do not in anyway think she is stupid. She is much smarter than fat boy, but, price controls never, ever work. Must grow the economy and pay down the debt instead of piling it on!

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You should stop "thinking." It's embarrassing.

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How dare you?!? Don't you know he is the owner of the preeminent think tank in Washington DC and also owns no less than four psychiatric hospitals around the world? Careful or he will slide into your DMs!

See? Trying to slide into my DMs again. They will never be read. Just impotent rage.

RD2WINAGNBEAR86 said:

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BUDOS said:

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Agreed!

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Your girl is dumber than a stump! Can you imagine a game of Chess between Kamala and AOC?

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It might last forever since neither has the ability. Then again, it might be over before it began because neither knows how to play.

Limited IQ Redneck in PU said:

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So the tarriffs are put in place to protect us from inferior products made by children overseas? Poor little kids thst work in the steel and auto industries?

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It's more complicated than that but tariffs can serve a useful function. I would much prefer slightly higher tariffs across the board after the repeal of the 16th amendment and the elimination of all income taxes. But that will never happen and a national sales tax is a better idea.

Price controls always lead to artificial shortages and greater scarcity. If she actually is elected and does this, some America's will starve.

It depends. Protectionist tariffs are designed to reduce purchases of foreign goods to help domestic producers. There are too many variables to generalize much about it.

Historical trivia: the Harley-Smoot tariff of 1930 was one of the worst in history and a major cause of the Great Depression.

nein51 said:

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Limited IQ Redneck in PU said:

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Probably won't have much luck trying to control China policy. But ours can be controlled by our leaders. Why should I have to pay a tariff put in place to protect overpayed union workers.

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While I generally agree about tariffs the answer is that no U.S. worker can compete with a 9 yr old Chinese worker.

Better stated when you're playing a game it's important that all players are playing by at least similar rules.

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… or an adult slave

That's a silly comparison. No one said anything about 9 year old factory workers. Child laborers ard more likely to exist in other industries such as textiles. I don't know to what extent the Chinese use child laborers but they are evil so nothing they did would surprise me much.

Minimum wages are a form of price control. From an economic standpoint, the best minimum wage is zero. California helped prove that recently raising it to $20 per hour in fast food restaurants. Many have closed down, automated, or both and thousands of jobs were lost. This was the inevitable result.

Good post. I agree 100%. Pay should be set by the market


I think prices of goods and services should also be set by the market
Most here don't. I think the problem could be solved by voluntary tariffs. If you want to pay extra for you goods to help support America then do it. If you want to support unions go ahead and pay an extra couple of thousands. Think of prices as a suggestion and pay more.

Of course that wont work. Too much freedom involved.



Chinese people are not evil. Some of their leaders are or have been. The same can be said about many countries.

It's all about perspective, as no population inherently considers themselves evil.

And no population has suffered more than the Chinese.
First from their own emperors and warlords.
Then from the incredibly vicious policies of the communists under Mao.

Mao executed hundreds of thousands of Chinese and intentionally starved to death at least 35-75 million more.

Just finished re reading Mao's biography. His policy of transferring huge tonnages of Chinese foodstuffs to the Soviet Union in exchange for industrial, nuclear, and military technology is mind boggling. Tonnages of food China couldn't afford to export. However foodstuffs were the only commodity the Soviet Union desired in exchange.

Mao was repeatedly told he was causing widespread famine across China ( for years ) and simply didn't care. He was determined to rapidly alter China into a 'world power ' with the Bomb and industrial might.

Such numbers of mass murder are very difficult to accept and some people don't.
But Stalin and Pol Pot were little different.

Hitler was only different in that he was initially ELECTED into power. Once in power Hitler proved to be a nightmare for the German people and the rest of Europe.

HARRIS IS NO DIFFERENT.

Her policies will destroy what's left of the traditional culture of the United States, dramatically limit our freedoms, attack Christian Churches, crush our standard of living via high taxes , and very possibly involve the US into WW3.

This is NOT hyperbole.

We have all seen what the Dem policies have done over the last 3.5 years. The ONLY thing that has saved the American people from some of these policies is the SUPREME COURT.

And the Supreme Court can be irrevocably altered with the retirement of just 2-3 judges. Then even the worst of Dem policies will be declared 'constitutional'.

Do the vast majority of the voters of the United States comprehend what has happened in other countries and connect the dots on what is NOW happening HERE ?





Not a chance.

The Chinese govt is evil. The people are victims.