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Trump most business friendly President since the founding fathers

MaggieD said:
That's what the BOEING CEO said this morning after Trump's meeting with 25 titans of industry in a round table about jobs for Americans.

He went on to say that the POTUS understands the burden of needless regulation... of having to go through a half- dozen bureaucratic bodies to build a factory. And how businesses today have opted to build their new factories in other countries who roll out the red carpet instead of red tape.

PS...The carrier CEO said their sales are up considerably since the news came out they were saving 800 jobs thru Trump's initiative. He chalked the increased sales up to patriotism.


I don't have a link. With media bias we see, I doubt it would be reported so optimistically. I got this information by watching the live interviews and round table introductions.

Your thoughts?
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I am more hesitant. We will have to wait and see how the policy mix of reduced taxes and regulation, reallocated government spending and less free trade work out together.
 
Re: 45 most business friendly President since the founding fathers

SmokeAndMirrors said:
Actually we can grow meat in a lab now, and it will be hitting the market in the next couple years. You were saying? :lol:

Well, fact is that due to the failure of trickle-down, most rich people in America were born that way, and social mobility has dramatically declined to the point where America is now one of the worst in the developed world. And that's why I don't give a damn about their whining that we're not letting them subjugate the poor enough.

Guy-who-wants-extra-income should do whatever suits him. I mean, do you think that narrow set of mainstream jobs is the only way to live, even now? I haven't been in the mainstream job market in years. There's millions of us, and we're fine. Your head is really stuck in the rut of "things as they are right now, in the particular mode of work that I personally exist in." There's millions of other choices, and if we decide to adjust to automation correctly, those choices will be accessible to more and more people.

What I'm saying is that the way we balance work and money, and even the existence of money itself, has no basis in objective reality. They're arbitrary, invented human tools. That's why we've had so many different systems over time.

Therefore, there is no "limitation" on what we can do with it. Our current system is just our current system, and nothing more. We can change it any time we want, into whatever we want. Saying "we can't do X because things are currently Y, and X isn't compatible with Y" isn't a real reason because we can change Y anytime we want.

Not necessarily. The last big economic system shift occurred in just a few decades. And times move much quicker now than they did then.
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I won't be putting lab 'grown' meat into my body, but you are more than welcome to it if that's what you want.

No, the lack of social mobility has nothing to do with 'trickle down', it has to do with people lacking the motivation and mindset to bring themselves upward, if that is what they want.

Currency is not a finite pool, that has been proven time and again, and even more so with QE. If you want more of whatever currency that's in play, then it is your responsibility to do something to earn it. Trying to play that no 'currency' would be a good thing leaves out the fact that 'somebody' (read government) needs to have a source to provide all the Utopian pleasures and social environment that you foresee in the not-so-distant future. Barter works on a small scale, but there is too much that people want that they cannot barter for, hence a need for a manner of currency that can be accumulated to purchase those things. It does have a real basis, or at least did, in precious metals. I get the feeling you may be too young to recall Demand Notes.

The idea you believe that 'we can change it anytime we want' is only that, an idea. There is a lot more tied into the monetary system worldwide, then the belief that everything is changeable at a whim.

It's great that you have these ideas for the future, and believe all will be provided for you, so I won't be the one to shatter them for you. I'll let reality do that.
 
MaggieD said:
You went to an extraordinary amount of work to compile this information. Thank you very much.
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Thanks. Actually was pretty easy to find the info in a relatively short amount of time. Just went with a couple of the incident and cases I know of.

I looked up Foxcon, and it appears to be a Taiwanese company. I don't recognize any of the others. It appears that Gap and Old Navy outsource which is where Trump's tax will come in if he can get it done. Also appears that Apple is the same. I'm not seeing that any of these are built by major corporations.
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The thing is many American companies like Gap, Apple, Walmart contract with these companies for them to make their goods.


The tax Trump is promising makes good sense to me. Nike doesn't make one shoe in the United States. New Balance, OTOH, makes all of theirs here. It can be done.
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New Balance does not make all their shoes here anymore, most are made in Asia ( Chinese Consumers Embrace New Balance's 'Made In USA' Label : NPR ) . I think they only make a couple of their product line in America.
 
joG said:
I am more hesitant. We will have to wait and see how the policy mix of reduced taxes and regulation, reallocated government spending and less free trade work out together.
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Exactly. The "Trumpeters" are quick to point out the tons of new jobs that the Trump administration has created. Oddly enough, I cant find anybody who has gotten one of those. They may indeed come at some time in the future, but they sure are not here yet.
 
Carjosse said:
Unless that tariff is like 500% I doubt it will do anything, you can't compete with those ****ty working conditions, except maybe robots. You will also most likely see all consumer goods increase in price.
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the up side to not competing with that though and paying more for your goods, is that the influx of money paid to workers here in the US is distributed more evenly and continues to flow through the economy, thus making it more vibrant... as opposed to being holed up in the globalist corporations investments.

at least it seems like it would be an upside to me.
 
Hypothetical said:
the up side to not competing with that though and paying more for your goods, is that the influx of money paid to workers here in the US is distributed more evenly and continues to flow through the economy, thus making it more vibrant... as opposed to being holed up in the globalist corporations investments.

at least it seems like it would be an upside to me.
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That is also how you get out of control inflation and would probably cause a collapse of the US consumer economy.
 
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