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originally posted by: Butterfinger
Bump this from UKTruth's post:
Needs to be read a few times by a few people.
But the Act’s sponsor, Rep. Neal Smith (D-Iowa), later denied that argument in an interview with the Des Moines Register. Smith claimed that his goal was to crack down on nepotism at “smaller post offices” and Congress, because when he arrived on Capitol hill in the early ’60s, “there were 50 members who had their wives on the payrolls,” as he told the newspaper. ”Some were doing a good job, but…two-thirds of them didn’t do any work at all,” he said. “‘We can’t prohibit someone from getting a job just because they have a certain relative, but you need to make sure it’s not going too far.” Twenty years later, in 1987, an investigation published by the news agency United Press International reported that at least 73 relatives of lawmakers had been on the congressional payroll since June 1986 because members of Congress were “skirting” the 1967 anti-nepotism statute by getting them jobs at other House and Senate offices.
originally posted by: Butterfinger
Bump this from UKTruth's post:
Needs to be read a few times by a few people.
originally posted by: BigTrumpFan
a reply to: Blarneystoner
Using cheap foreign labor to make American goods to resell back in America at original prices is not trade. Trade involves an exchange of two goods. One good does not a trade make.
If Ford makes a factory in Mexico to make cars to sell in Mexico, no prob. If Ford makes a factory in Mexico to use cheap Mexican labor to sell back to America at original prices, BIG BORDER TAX.
Trade is about comparative advantage. If country A has apples but no oranges, country B has oranges but no apples, country A and country B trade apples and oranges. No prob. Using foreign cheap labor to build American goods to sell in America at original prices to rip off Americans, that is not trade, BIG BORDER TAX.
originally posted by: BigTrumpFan
Trade is about comparative advantage. If country A has apples but no oranges, country B has oranges but no apples, country A and country B trade apples and oranges. No prob. Using foreign cheap labor to build American goods to sell in America at original prices to rip off Americans, that is not trade, BIG BORDER TAX.
originally posted by: AMPTAH
originally posted by: BigTrumpFan
Trade is about comparative advantage. If country A has apples but no oranges, country B has oranges but no apples, country A and country B trade apples and oranges. No prob. Using foreign cheap labor to build American goods to sell in America at original prices to rip off Americans, that is not trade, BIG BORDER TAX.
But that's what the situation is already.
Mexico has the best labor. And America has the best consumer. So, there's trade.
That is not correct. The hotel can continue to operate without him divesting it. He would need to ensure no foreign investment in it, but foreign investment does not include a foreign state official booking a hotel room.
originally posted by: windword
a reply to: UKTruth
That is not correct. The hotel can continue to operate without him divesting it. He would need to ensure no foreign investment in it, but foreign investment does not include a foreign state official booking a hotel room.
I don't think that is correct, and that foreign dignitaries booking rooms and events, that DJT will benefit from financially is considered an "emolument".
But, even if that's not true, DJT is still in with foreign investments, as I'm pretty sure his DC hotel is financed by 1/2 a billion dollars from China.
I predict Trump will get away with almost everything he's asking for, only to have it taint his presidency and gum up the works toward any progress he hopes to make. Scandal will bring his administration down and result in his impeachment.
originally posted by: BigTrumpFan
Wrong. Fair trade involves a single currency. America and Mexico have different currencies. Free trade is impossible. Also, Mexico does not have better labor than America. Cheaper, yes, but quality wise worse.
originally posted by: BigTrumpFan
I'd rather buy American made products.
originally posted by: BigTrumpFan
a reply to: AMPTAH
An American car built in Mexico should cost 3000 dollars in America. Mexican labor is only 10% the cost of American labor.
originally posted by: AMPTAH
originally posted by: BigTrumpFan
a reply to: AMPTAH
An American car built in Mexico should cost 3000 dollars in America. Mexican labor is only 10% the cost of American labor.
But the extra profits go to the American Corporate Executives and to the American Stock Holders. So, Americans get rich.
originally posted by: BigTrumpFan
We don't need made in Mexico. Back in the 1970s and 1980s when America was at its peak, everything was made in America.
President-elect Donald Trump has confirmed that Jared Kushner will be tapped to serve the administration as special envoy to the Middle East, adding that he believes his son-in-law will succeed in brokering a deal between Israel and the Palestinian Authority.
U.S. President-elect Donald Trump's son-in-law, Jared Kushner, will become a senior White House adviser working on trade and the Middle East, transition officials said on Monday, in a rare case of a close presidential family member taking a major job.