![160212132837-trump-china-jobs-780x439[1].jpg](https://i.imgur.com/hwjKerv.jpg "160212132837-trump-china-jobs-780x439[1].jpg")
>trumpfags seriously believe in the trade deficit myth
>they are literally ok with paying welfare to shitty american workers via tariffs
>they actually think it's a BAD thing when a country makes less than it takes in
>they actually want to keep shitty labor jobs instead of having the freedom to work beyond manual labor thanks to trade
?
Your globalist pyramid scheme is coming to an end.
His MAGA hat is Chinese
http://foreignpolicy.com/2016/04/12/a-vote-for-trump-is-a-vote-for-china/
>>70874421
>he doesn't know the definition of a pyramid scheme
>>70875527
>he hasn't heard of knock-offs
>>70874226
>they actually think it's a BAD thing when a country makes less than it takes in
gr8 b8 m8 i r8 8/8 no h8
>>70875679
I'm not in the Illuminati senpai
>>70875926
Most people enjoy doing less work for more stuff
>>70874226
It's almost like manufacturing jobs are good when they have first world wages and safety regulations or something.
>>70876089
manufacturing jobs are shit learn to use a computer son
>>70876155
Yeah, man. Market diversification is such bullshit. We should totally only rely on service industries and computer programming, that guarantees a solid economy for sure.
Just wait until you take your first Economics class, or really any class in the realm of finance, Junior.
>>70876155
Computers are shit son
Learn practical skills
>>70876555
>look I can do repetitive tasks on an assembly line all day for a giant corporation!
wow so practical
>>70874226
trumpfags are too stupid to understand any of this stuff.
Trade deficit is not a myth, look it up. Currently paying welfare to Americans to to work. When America takes in more than it makes mist be financed. Freedom to be a waiter. Get the fuck out of here berniebuttbro.
>>70874226
> trade deficit myth
if you export less than you import thats a deficit.
it's not a myth it's MATH
if you spend more than you take in, do you believe that your negative bank balance is a trick of the numbers?
> tariffs = welfare
tariffs are a tax on imports so cheap foreign goods dont undercut the local producers.
kinda like how a fence keeps feral dogs from eating all your chickens
> implying trade deficits are good?
trade deficits result in OUR money going to foreign lands through a net deficit in trade
if you keep buying your neighbors milk while your cow's udders wither and run dry from a lack of milking eventually you become dependant on your neighbor and he can charge you whatever he likes.
> implying that "service economy" bullshit can work long term
what do you suppose will happen when we run out of money to send to china so they will make our tube socks and underpants at a discount?
if we have no more money to pay for shit, they will simply NOT sell it to us
if however, we have our own tube sock industry, US workers get paid for the socks, and can spend that tube sock money on other shit made in america, so our money actually grows with production rather than leaking away through consumption.
you lefties really cant understand economics.
>>70877599
lol you're calling me a leftie while supporting socialism via tariffs and barriers? just vote bernie if you care so much about artifically supporting unproductive us citizens via tax. Tariffs are nothing more than a tax on american consumers. China is not going to pay one cent of it, they are going to raise the cost of the good 45% while good old american workers will be able to make it for 44%
>american workers are """"shitty"""" because they want to be paid more than chinks living in a third world hellhole
Was genuinely expecting this thread to have been made by a leafposter.
>>70874226
Everyone look at this stupid cunt and laugh
>>70874226
What kind of special flavor of fucking retarded are you?
>$15 an hour minimum wage for flipping burgers is a good thing, but paying $2 an hour to someone in china to make your shitty phones is OK?
>Covering your ass from a manipulative assfuck of a trade partner is "welfare"
>Running up the credit cards is fine, dont worry, its not like well ever run out of money or anything
>thinks having labor jobs will keep people from doing other types of work
Christ, were do I sign up for some of that sweet, sweet retard memetics money?
>>70878156
>Tariffs are nothing more than a tax on american consumers.
That depends if the good is elastic or inelastic. If there is a viable alternative or substitute good, then the tax is paid for by the seller. This is especially true for imports and the tariffs associated with them.
>China is not going to pay one cent of it
Except they do, the government charges Chinese corporations and manufacturers to import their goods here. The amount is often paid before it's shipped, so you're completely wrong on that point. The tariff increase could cause the manufacturer to attempt to pass down the price hike to the consumer.
But like I said earlier, if the good is elastic, and there's a viable alternative that's cheaper. Everyone will buy the cheaper product, thus forcing the importer to pay the tariff tax, solely to just compete.
You don't know what you're talking about, OP. Just turn in for the night. I'm sure you've got other classes you can improve your grade on before this semester ends. It looks like you're going to have to retake Econ 101 next semester though.
>>70878156
> dirt common retard pretending to be a GIGA-TARD
> ohh 4-chan, you so funny
suck my dick till you taste jizz.
>>70878692
>>$15 an hour minimum wage for flipping burgers is a good thing, but paying $2 an hour to someone in china to make your shitty phones is OK?
said nothing about the min wage my man
>>Covering your ass from a manipulative assfuck of a trade partner is "welfare"
it is when it benefits one group of people at the expense of others with government support
>>Running up the credit cards is fine, dont worry, its not like well ever run out of money or anything
nigga get your eyes checked. where did I say this?
>>thinks having labor jobs will keep people from doing other types of work.
the reason we left the farms was for industry, and now we're leaving industry for IT and jobs that capitalize our increased buying power like the service industry.
>>70875527
All genuine MAGA hate are made in the USA.
>>70879308
Tell me in what capacity tariffs, a system of border taxes, count as welfare for workers at home? The workers aren't being given the money. And every other nation on earth practices tariffs, including China.
Spending more than you make is the definition of running up debt, made possible by optioning our future income, just like a credit card. You now, that little plastic thing that serves as a financial instrument, like all debt/credit/currency systems. You can't run debt forever, especially when your not investing that debt into future earning capacity. Theres something to be said in forgoing debt payments in exchange for better developing earning capacity, but thats not something were doing.
There's nothing wrong with IT and other developing industries in and of themselves, but a nation can't leverage itself into a single industry and expect good results. The widening income inequality, dead in the water labor force participation rates, and general decline of quality of life in this country attests to that.
>leaving industry for IT and service industry
We didn't leave Industry, industry left us. IT is a new powerhouse but you can't sustain a nation on a single economic sector, or you end up a banana republic. If industry wasn't the true measure of a nations wealth and power, China wouldn't a world power now, would they?
