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Old 03-07-2018, 05:20 PM   #54
Clocker
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Quote:
Originally Posted by reckless View Post
Irrelevant smoke and mirrors ... 55,000 factories and manufacturing plants closed, millions upon millions of blue collar jobs lost ... 43 straight years of trade deficits ... and you say I tap dance around irrelevant smoke and mirrors.
Smoke and mirrors like this:

Quote:
... such as a $30,000 car with $500 of steel in it. A 20 % tariff adds $100 .... so on a $30,000 car a whopping $100 increase is little more than dollars and dimes.
It is of little relevance to one consumer if that's all there is, but it affects a lot more consumer purchases. And it is a big deal to Ford Motors. Perhaps enough to build more cars in Mexico.

And like this:

Quote:
Or the tens of thousands of factories closed and the 100s of thousands of blue collar job losses ...
Around 85% of manufacturing jobs lost in the last couple of decades were lost to automation, not to trade. What has that got to do with the issue?

Or this:

Quote:
how about the USA having 43 straight years of trade deficits since free trade accelerated in 1975.
Number one, you, like The Donald, automatically assume that a trade deficit is a bad thing. It isn't. Number two, you assume that all of that comes from free trade. It doesn't.
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