President Donald J. Trump

[Tom]

Originally Posted by reckless

I can't wait for tomorrow because Donald Trump gets better every day!

Dittos!

YouTube

[lamboguy]

he just put a cap on washing machines and solar panels that were made abroad and brought into this country. First Solar and Whirlpool stock are both flying after hours.

[Clocker]

Originally Posted by lamboguy

he just put a cap on washing machines and solar panels that were made abroad and brought into this country. First Solar and Whirlpool stock are both flying after hours.

It's not caps, it's tariffs of up to 30% on solar and up to 50% on washers. Which will be paid by American consumers faced with higher prices for those products. The tariffs on solar panels will increase the cost and thus reduce the demand, putting thousands of people who engineer and install such systems out of work.

Most of the American jobs related to solar panels involve installation, not manufacturing.

...the Solar Energy Industries Association warned before the tariffs were announced that such an action would put 48,000 to 63,000 American solar industry workers out of a job this year.

http://money.cnn.com/2018/01/22/news...lls/index.html

[zico20]

Originally Posted by Clocker

It's not caps, it's tariffs of up to 30% on solar and up to 50% on washers. Which will be paid by American consumers faced with higher prices for those products. The tariffs on solar panels will increase the cost and thus reduce the demand, putting thousands of people who engineer and install such systems out of work.



http://money.cnn.com/2018/01/22/news...lls/index.html

Sounds like a huge exaggeration to me, just like how global warming is going put coastal cities under water. Take those job losses and cut them by three quarters or more.

[chadk66]

I'll gladly pay more for washers made in the U.S.

[barahona44]

Originally Posted by chadk66

I'll gladly pay more for washers made in the U.S.

Maybe you will but most people won't.Studies have shown that when the price differential climbs over the 10 to 15 per cent range, just about everybody goes foreign.

And don't think for a second that manufacturers and retailers aren't aware of it.

https://www.reuters.com/article/us-u...-idUSKBN1A3210

[Clocker]

Originally Posted by zico20

Sounds like a huge exaggeration to me, just like how global warming is going put coastal cities under water. Take those job losses and cut them by three quarters or more.

I think a guy that runs a small company knows more about his business than a bunch of pointy-headed professors know about global warming:

Jim Petersen, CEO of PetersenDean, a California company that installs solar rooftop panels mostly for residential customers, once favored tariffs on imported panels, which he found to be of inferior quality. He has changed his mind.

Petersen said tariffs could stunt his business by raising the cost of a job. He said he might be forced to lay off up to 25 percent of his 3,200 installers.

"This is bad for American jobs, bad for the consumer," he said.

http://abcnews.go.com/Technology/wir...anels-52515645

[zico20]

Originally Posted by Clocker

I think a guy that runs a small company knows more about his business than a bunch of pointy-headed professors know about global warming:

http://abcnews.go.com/Technology/wir...anels-52515645

The guy said could, then again maybe it won't. Solar panels are mostly a liberal thing, so they will pay whatever price it is.

[Clocker]

Originally Posted by zico20

The guy said could, then again maybe it won't. Solar panels are mostly a liberal thing, so they will pay whatever price it is.

No one is disputing that jobs will be lost. How many is a guess, but certainly thousands. Since 80% of solar panels are now imported, people who want them will have to pay the tariff, at no benefit to American manufacturers. And solar panel production is highly automated, so there will be relatively few new American jobs created.

So who benefits, other than the stock holders of the American companies?

[Nutz and Boltz]

Originally Posted by Clocker

So who benefits, other than the stock holders of the American companies?

When you get right down to it, isn't that what this is really all about? The more they say things are going to change , the more they are going to stay the same.

[horses4courses]

Originally Posted by zico20

Solar panels are mostly a liberal thing, so they will pay whatever price it is.

Con thinking to a tee
(gruff....gruff....grumble...."I don't like it coz it's goddam liberal crap")

Disregard that, in the long run, it's good for everyone on the planet.
You guys just can't see beyond your own noses.

[Clocker]

Originally Posted by Nutz and Boltz

When you get right down to it, isn't that what this is really all about? The more they say things are going to change , the more they are going to stay the same.

The rich get richer and the poor have children.

[Tom]

Disregard that, in the long run, it's good for everyone on the planet.
You guys just can't see beyond your own noses.

I think they are a great idea, but have limits.
As long as they are not shoved down our throats by the government, I would buy them if I was younger starting out.

But not to save the planet, to save money.
But I would keep my gas furnace/air as a backup.

btw, how do you suppose they work up in Alaska when it is night for months on end?

And, at this time, SP are NOT viable to replace coal and oil. Not yet.
Give greedy capitalists a decade or so and dangle some huge $$$ out there and you will see them everywhere.

WE have a filed full of them in town here.
Not sure who they belong to, but I do know that they cut down a couple hundred trees to make a field room for them.

[reckless]

Because there are so many Hate Trump threads on here, I thought I'd post yet another story highlighting the business community utilizing the great U.S. tax policy and economic outlook, thanks primarily to Donald J. Trump.

http://www.foxbusiness.com/markets/2...ax-reform.html

Jan 23 (Reuters) - JPMorgan Chase & Co said it would increase wages, hire more and open new branches as part of a $20 billion investment following the overhaul of the U.S. tax code.

The bank will increase wages for 22,000 employees by an average of 10 percent, ranging from between $15 and $18 per hour, hire 4,000 employees and open up to 400 Chase branches in new cities, it said. http://reut.rs/2n4C0xj

Can't wait until tomorrow because Trump gets better every day.

[Fager Fan]

Originally Posted by Clocker

It's not caps, it's tariffs of up to 30% on solar and up to 50% on washers. Which will be paid by American consumers faced with higher prices for those products. The tariffs on solar panels will increase the cost and thus reduce the demand, putting thousands of people who engineer and install such systems out of work.



http://money.cnn.com/2018/01/22/news...lls/index.html

You stringently take just one side of this issue. There are two sides. Both sides have negative and positive repercussions, something you ignore. I think the proper course is a fine line between the two.

This move could also result in more American jobs, manufacturing jobs.

We'll have to just see how it shakes out.