Internment camps. Orwellian surveillance. Silence. Isobel Yeung goes undercover in a special report that reveals how China is oppressing the Muslim minority Uighur people in horrific conditions. Watch it here - bit.ly/2Xfyu36
Vice should do an episode on stupid people going to college, racking up huge student loans, knowing there are no jobs to fit their degree.....LOL! Keep adding to the 1.5 trillion in student loan debt fools!
@@mjanssen1255 Get school teachers to stop pushing college to the 50% of the students that go and never graduate. Tell kids you can find great jobs that pay well with no college credits required.
@@sonictheedgehog5360 Yeah I agree, but there shouldn't be degrees for something that's not in demand. I just hurts the country as a whole after a couple of years. People are expecting a certain type of person to come out of college and be successful and help other people, but if there are degrees that don't help, then we are many years behind.
7:25 This is entirely what's wrong with this country. He essentially is saying, "as long as I get what I want, I don't care that my actions might negatively affect other people in other industries." But you were crying when someone did this exact thing to you. What a selfish population.
You are whats wrong with this country! Balance is key and by ur statement you are just as selfish who do you think you are to judge fair off of your political bias. What he wants is what half the country wants LOL don't minimize issues and expect to control policies if you dismiss people you lose like you did last election
@@vlb55 Right, its a capitalist playing field and that aluminum facility failed to keep up with its competition, hence why it went under. Now Trump is trying to enact protectionist tariffs to revitalize those industries at the cost of literally everyone else, the opposite of free market competition. It is shortsighted and geared toward a very low information voter base that doesn't understand how the real world works.
@@vlb55 What are you talking about. More businesses are leaving now than ever. The ripple effect of the trade war will hamstring the US economy and by extension the world economy.
@@vlb55 yeah nothing says free trade like government intervention. Trump aligned himself with failing industries simply because they had the most to lose and were willing to give the most back. It's very obvious he got payouts from these companies. Companies fail. Industries disappear. THAT is capitalism. The fact that you defend government intervention to "even" the playing field shows how idiotic the right truly is. They hate social programs that help needy people, but love bailouts to businesses. They hate socialism but want the government to manipulate the market to "even" the playing field. If coal and aluminum are failing, let them fail. Innovation will drive new businesses. Think forward, not backwards. And that is why Trump supporters are idiots, because at their very core, they are backwards.
Maybe? It's gonna happen again if the Dems don't learn from this last Presidential election. I won't take it as factual but I hear Elizabeth Warren is possibly going to be on the Democratic ticket for 2020. That's a guaranteed Trump second term.
The rich will lie to the poor to get votes to be in office to make them richer while the poor will suffer for believing the rich will look out for their best interest. While Trump and his dautger uses cheap labor to produce their inventories to maximized profits, the poor that voted for him are out of work and still pround of their decision and still willing to send their sons and daughters overseas to be killed and at the same time blamed those people in their own house as the enemy.
@RIO RUSTY RSTUDS useless war?...then why the military buget is increasing? Cheap labor? Go to any, any of Trump properties and witness the CHEAP MEXICAN labors that are cleaning and maintaining those properties. Your arguments are cute but full of reality holes.
@RIO RUSTY RSTUDS if you are calling me an idiot then you are right. You cannot argue with an more idiot person for assuming fact instead of real facts. And yes, it is on the news that Trump uses CHEAP LABORS and refuses to pay and even threaten to report those labors for not having green cards. Yes, I am an idiot for believing another person of an even more idiot to have an intellectual debate.
Cheaper to buy items in Canada these days. I used to buy on Amazon USA and ship to Canada and save money. Now everything is either the same or sometimes cheaper here in Canada. I'm 69 years old and I never thought I'd see this day. Donald Trump Made Canada great again, I now shop in Canada only.
That guy at the nail factory says "I didn't think about our raw material". Guess he thought the raw material gods bestowed it upon the factory. C'mon man.
A lot of trump supporters who are now suffering to his actions always say either "I didn't think about-", or, after the 4 years of his failure, insist we 'give him a chance', while the very same people would jump on anything and everything, related or not to a liberal president within months, saying "see? see? we gotta get them out of office!". The irony is beyond them
Bruce Caldwell Yeh the economy goes into another recession or even Great Depression II but the next president gets blamed unless he's a Republican. But Repubtards take credit immidiately after a Democrat turns the economy around.
Seize the means of production, be it pork or appliances. China is very successful. Fast forward to 2020, pork prices are going up in the US. China needs pork from the US due to swine flu.
Your right on the chinese owning our pork plants an they also own almost all of out crop genetics an crop spray company's, terrible but during the obama era they sold everything they could to then during that time
@@bryanginder5903 I’m sorry but you can’t blame the loss of jobs to China on Obama as it was Nixon who first opened things up with China and then in 2001, Bush did nothing to stop jobs from leaving. Trump hasn’t done much better www.americanmanufacturing.org/blog/u-s-job-loss-to-china-swells-to-3-7-million/ Don’t be so naive. Corporate greed and the need of cheap crap we have to replace every year, got us where we are. Under trump, we are one nightmare away from becoming the second world power ... behind China.
So let me just get this straight , Chinese are making cheap , commonly avaliable aluminium & steel and you are pissed at them. I thought that USA was all about open & free market. Isn't the whole point of capitalism to make things cheaper and readily available.
This is a identity that the U.S is struggling with right now. The market of course wants and demands free trade with the cheapest producer. China know this and is taking advantage of the market, but because China's government and how China keeps growing as a global power this concerns many people high up in the U.S government. They want to hinder China's growth but also want to keep the market "Free".
@first last that's really just a stereotype. So many expensive and high quality items are made in china. The cheap stuff comes when you want to pay the lowest possible price.
Cause the dark truth is that republicans aren't capitalists. They own most of the stuff in america, so capitalism has been working for them because its been the immigrants etc that do all the work in the capitalist system. Repubs get a lot money and from things passed down to them by their families. Now that society is being equalized, they are starting to see reality of how most people in the world live, and they're freaking out. Look at what trump really represents, he got all of his money from his parents, ownership of hotels. Dude has never worked a real day in his life. Republicans LOVE that. It's big subconscious reason trump won
One tank plant remains: www.forbes.com/sites/lorenthompson/2019/03/19/president-trump-visits-the-last-tank-plant-in-america-which-he-helped-save/#1467362e2879 USA has no national security left. none.
@@SeaJay_Oceans Well how did that work in Vietnam? You tell me. Worked well for the Viets. Maybe if you idiots would spend money on improving your infrastructure, healthcare and education then maybe you will get somewhere, invading countries on a lie (see Iraq) and spending trillions of dollars over nearly 2 decades with nothing to show for it except excessive debt which generation after generation will have to pay for. Are you more secure? Have you lost more people in the US due to gun violence than terrorist attacks in Afghanistan and Iraq? Do you think that the countries that you have invaded want your gerrymandered, corrupt, bipolar system of government? Is that what you are fighting for?
@Green CatGurl I agree with you that most CEOs are overpaid. However, a good CEO leading a good company is a wonderful thing. Technological innovations, inexpensive food, the efficient distribution of resources; corporations do a lot for society.
Pleeeeeease do an update on this story every 6 months. It will be fascinating to see how things actually unfold over years time (since tariffs are only a temporary tool),
@@tiny99990 just remember that greedy man in the 1% is paying for everybodies healthcare, financial aid, law enforcement/ fire department with the nearly 40% tax he has to pay every year. Oh and he's providing how many jobs to american people at that business? cause you know they don't work for free.
i love how every country thinks they are better then america right now.. when this WORLD descends into war and chaos, we, the american people, will be the ones picking up the pieces. good luck to all. think thoroughly.
@@charlieoconnor40 you mean you will try and pick up all of America's pieces, screw the rest of use. America #1 right? Can you blame the national community for resenting a country with such a toxic rhetoric? You know it's funny the state of your country resembles imperial England more then the American colony s. Is the pride you feel for their achievements warranted when you are the modern version of the oppressive system that they fought against?
"It's above our pay grade to worry about whether there will be impacts on some of these other industries or not." One of the falsehoods of Adam Smith's economics, ie, if everyone--individuals and industries--pursues only their own interests, everything will be fine and the effects will be balanced out. Our "leaders" can't think any broader than this, and it is disastrous.
Archon Southpaw During WWII, the US functioned with a completely planned and managed economy. While it’s certainly not ideal and there are many benefits to well regulated capitalism, it’s when it becomes unfair and predatory that capitalism is shown to be problematic. If businesses stay out of politics and they work in a fair and honest manner, capitalism works well. But crony, oligarchical capitalism doesn’t work well.
@@keirfarnum6811 The US economy certainly wasn't "completely planned and managed" lol. Government took unprecedented control to some extent during a time of crisis, and in such situations that's what's needed. But it was a far cry from the command economies of the Soviet Union or even comparable western powers of the time. eh.net/encyclopedia/the-american-economy-during-world-war-ii/ It's also irrelevant, as peace and wartime economies should be and usually are run differently. An oligarchy as you describe it isn't exactly free trade; it's business getting involved in government, which is in turn a government overreach. There's nothing about the free market that in and of itself precludes fair and honest trade, nor does capitalism preclude some government oversight to ensure said fair and honest trade.
@@archonsouthpaw8690 Over 70% of Americans are living paycheck to paycheck. That would be objective failure for a developed nation. But the US has always had to be special.
@@peterdickerson2629 Just to be accurate, foreclosures or bankruptcies? Most the bankruptcies are chapter 13, just a reorganization of debt. But Trump still sucks and I have a small farm
@Abu Omer Trump can negotiate anything he feels like. He's a great negotiator, only exception here is that Trump doesn't bother about the future after he has won the negotiation.
"without WalMart there is no middle class or lower class prosperity in America"? Can someone explain to me how the prosperity of a global corporation who receives enormous amounts of corporate welfare in the form of tax and employee subsidies is tied to the prosperity of the middle and lower classes? That statement seems counter-intuitive to me. Why? WalMart avoids hiring full time hourly employees so they don't have to provide benefits to them. They also pay their hourly employees so little that they cannot rise above the poverty line, which qualifies them for food stamps. WalMart also requires local and state tax incentives just to open up shop, which in turn destroys the local economy by pushing out small business competitors. The only people who benefit from WalMart is WalMart executives and shareholders. I guess I should not be surprised that the author of trickle down economics would say such a thing.
"We could support ourselves without depending on other countries", whelp, any country with this thought in mind usually don't end up doing too well economically...
@@krabes8613 America was "built" by being the largest industrial nation who's infrastructure wasn't destroyed in WW2. For 50 years the US alone had all the industrial advantages, but now the world is changing, and the simple old beliefs about Americas natural "greatestness" are more hindrance than help.
cuz china communist party doesn't give a crap about chinese ppl. funny how chinese ppl still support their government. its not like US is forcing china to lower its salary or environmental standards
The trade war impacted where I lived back in Texas where a South Korean electronics manufacturer was going to open in my hometown. However, due to the rise in costs of aluminum and cobalt as part of Trump's tariffs and trade policies, they chose to leave the lot and moved NA operations to somewhere in Canada. In their place was an Amazon warehouse which offered slightly more jobs but with vastly reduced wages... and then the pandemic hit and now it's just a lot covered in concrete as Amazon has pretty much canned to project. Meanwhile, the small businesses located in downtown had been slowly foreclosing but there were at least others able to take their place, when the pandemic hit about 1/2 of them have begun layoffs and foreclosing thanks to Trump's PPP being taken in by big businesses. From what my friends have told me, it's worse than it was in 2008 down there. I don't know why anyone in the right mind would vote for Trump before, I don't see why anyone with a mind at all should vote for him again.
That is the price we Americans have to pay in order to secure our national interests. Globalization is ridiculous since the beginning, when you’re producing products in a dozen different countries and having them shipped all around! One minor political action (civil war, corruption, etc.) and you’re forced to scramble to get your products “out in time.” Quite frankly, we’d much rather pay higher wages and benefits to a fellow American, than exploit a South Asian or Chinese or Mexican child labourer! The pain staking, incrementally built up manufacturing, and techno-industrial wealth in America is for Heritage Americans to enjoy! America only needs to import natural resources (I.e.: minerals) and thats all.
I do agree. The primary problem I see is over-reliance in a foreign market and a pathetic excuse to not pay higher wages to workers at home. Other than that of course there are the security risks with commie China. However cheaper costs is an enticing retort and other countries may be much better at making many goods which is a basic capitalist reality. I am protectionist myself but if the world was fairer and safer I would be more free-trade minded (I support it with other democracies.).
It's actually not that tariffs can't work to boost an economy. South-Korea and Japan both use tariffs to great effect. However this only works if you have a carefully curated plan of what you do and don't put tariffs on and you need other kinds of taxes to keep industry where you want it, it's a complicated thing. You want to create a focused industry in your own country and create a trading alliance with others that can compensate for your weaknesses. You also want to be clear and consistent with it so that companies know what to expect. Trump is just throwing around tariffs to prove he is a strongman.
@@johnnotrealname8168 Okay, fine with me. You can suffer the consequences later on when a bunch of countries decide to economically "strangle you" and you yourself will will be forced to watch your child, parent, or best friend die from illness because all our products are made somewhere else.
the reason why they source is out in so many places is the price and markup they have, technically it makes 300$ to make iphone with all expenses and shipping, the rest is profit, so if it was all made in US or give it 80% made in US (i understand some parts are impossible to make here) it would probably increase the price by another 100$, and no they wont go for that, thats a spit into america's face
@@petrocelly well I will pay 600$ rather 700$ for an iPhone any day regardless if its USA made. Becusee 100$ is alot for your average person. This is just one product too. Imagin if most foreign made stuff was raised by 20-30 percent like you just suggested. That would hurt our wallets to the point of depression.
Random German guy here : Trump didnt bring u guys Covid. it was China i guess . + U guys always lame Trump for everything. But dont u have guvenors who act independently ? Like each state did a different think. Why blame it on trump , blame it on the goveneurs lol
Erik Köster random French guy here, he’s the leader of the country so his people’s safety is his responsibility when it comes to a threat such as a pandemic. He also withheld ventilators and other medical equipment from blue states and prioritized red states which is what he was called out for by one of his own biggest supporters and rather than trying to unite his country which is what a leader should do he is trying his best to divide it...
Erik Köster actually, evidence suggests it was europeans & americans traveling to and from europe that caused the initial spread. trump was advised of this. he ignored it and called covid itself hoax - until he was able to ban travel from china without comprehending the situation had already escalated to pandemic status, i.e. had spread beyond china and blocking trade/travel would do little to prevent spread. like you can see from this video, trump supporters do everything he says and believes in him completely; including his denial of heath precaution efficiency. he has silenced his own administrations doctors and continues to lie about the state of our nation, denying deaths and refusing to support those harmed directly by the pandemic & it’s economic effects. he is responsible for tens of thousands of avoidable deaths. he deliberately extorts individual states from acting independently and when they CAN get things done around his gerrymandering, they get punished. here’s an example of a lie and punitive action straight from trump: teachers and community leaders DO NOT WANT TO OPEN SCHOOLS. they are scared, for themselves and the students/their families. as a response, trump says he will cut all funding to schools if they don’t open. some schools STILL push back, he lies and gaslights by saying children are “almost immune” which isn’t true - they can still spread to teachers and families anyway. schools across georgia shut down today on their first day of school due to significant evidence of explosive spread. not to mention many governors act under trump for money and power, not representative of their people whatsoever. i get what you’re saying - but if you take a closer look, trump really is the key person running the show and a common thread upon all of our grievances. not to mention, when the people protest - they release secret police by trumps direction.
@@sockrust_ I makemake small mistakes because im German. and no im no Classic "Magatard" :) like 70% Germans hate America. I Love it and i care even though im no American. I Just hate seeing Countrys being thrown away by dilousional Sjw.
Honestly any Reagan-era economist that was in his administration should not be hired by future presidencies. His policies and those that expanded on them have wrecked America from the inside out.
@@Skankhunt-mv4vd his policies were what destroyed the economy to begin with because he didn't really know what he was doing as president when it came to taxes. Every person that has expanded on his ideas since is equally responsible for the economic collapses that have occurred since his tax cuts for the rich started.
I thought Trump said he will let the Mexican pay for the wall, now trump is fighting with Democrats over the wall budget issue. Fulfil your promise! Trump
Christian Traverse We all knew President Cheeto wouldn’t fulfill his promise that Mexico would pay for the wall 😂 why would they pay for something that doesn’t affect them? 😂 I would have no problem with a “wall” if Mexico really did pay for it but obviously that isn’t going to happen so instead of using tax money to put something up we should use that money for more social services for immigrants.
"with no china thered be no Walmart and without Walmart thered be no middle class" what a complete load of bs im 32 and still remember when there was no walmarts we got along just fine, there was actually more small businesses in my city back then everything from coffee shops to stamp stores lmao
“Youth is a disease that is usually cured by time” young man your argument is as short as your age, you can “ lyfao” ‘cause its usually what short minded people do when the do not comprehend a situation.
Walmart has destroyed so many businesses and livelihoods, it is convenient but to the cost of so many many people. the worst part is that they do not give their employees health insurance and try to keep them at part time as much as possible to avoid more overhead. Walmart should be sanctioned.
@Jack Hainings yep, Walmart, the Waltons and top brass reap millions-billions while employees make nothing. But same applies to almost all of America where the pay disparity between CEO/Corporate Brass has risen ridiculously high the past several decades. Even salaried department managers @ Wally World only make something like $60k and because they're salaried are often working 50-60 hours each week. Then you have your average worker who, like you said, are living on Government assistance.... Unfortunately greed has consumed corporate America. Corporations who are large enough and can afford to should be paying their employees better and lowering the disparity between CEO and Low-Middle Class worker. But that will never happen across the board.
"Without Walmart there is no middle class or lower class..." What a load of tripe. Walmart pays middle class wages for probably 4 people at each store, the rest get poverty level wages and many are on public assistance while working at Walmart. I've always thought Laffer was a loon but, that comment just proves it. He is talking like there is no economy outside of Walmart, and that is not the case at all. Walmart took on the job of being China's distributor for China - and helped to get factories moved from the US to China. Walmart is most certainly no hero in the story of American economics.
he is not implying that walmart supports the middle / lower class, he is saying that walmart gives the majority of americans access to what used to be luxury items for a fraction of the cost.... allowing them to live a better quality of life with less money
China took your industries and gave you Walmart. Lesson here is that America was so busy becoming a disposable consumer thinking cheap was good it lost the real understanding to take valve in what you own. Just because the Jones down the road could afford it doesn't mean the next guy could. Look at the mess America is acting like headless chickens. Have pride in yourself and others. President Trump may or may not fix your country but trust me he is all you have otherwise get use to Walmart. All the best for you and your country from New Zealand.
@@tomyboyle5302 What is hard to take in so many Americans are against Trump voters. Take a look on this a lone commenting on the Aluminium workers saying how dumb they are but what they are. What their failing to understand is why they voted for Trump without any knowledge on politics, answer clearly they are looking for change. Something promised by Obarma. I feel for those people for this to get better it will surely become unstable for many a long the way with a lot that already rely on Chinese products for the home. Very catch twenty two but President Trump is about putting money back in their pockets i just hope people join together and stop unnecessary remarks to anyone that falls on hard times. At the moment those with money don't care and are literally turning there backs on fellow Americans because they can afford to. To make America great again this attitude needs to stop something i feel Americans have lost that's respect for there fellow country man.
@@farmdog8285 most of the negative comments are from paid trolls, I know a lot of people and 95 % see Trump for the hero he is. Always believe what you see not what polls from CNN/MSM is telling you.
you dummies realize they did make the Iphone here but moved over shores to cut taxes and benefits to workers. the phones could easily be made here if the liberal government didnt tax the hell out of companies to give to anyone with their hand out. and im a registered democrat in NEW YORK. open your eyes people. the liberals policies are not good for us. you can hate trump but grow up. make an informed decision.
Na, with out a large company like that there would be no way for products to be sold at such a low price for people in lower class. How it ties into all this is what I'm not sure about. But that could also be because I've been up for almost 34 hours. Feelsbadman
Walmart has killed many small businesses with its cheap crappy products and generated lots of low paying jobs. People wondered where all the nice little stores on mainstreet went. Now they buy online and and more businesses disappear. Brave new world.
walmarts came in sell low , chased all others stores away , or should say they bellied under , after they chased them all out they raised their prices , at least they did here, now they buy crap from asian countries and now american women can not just go in and buy their size without trying them on , seriously gone to hell in a hand bag
Stop spreading this AUTOMATION myth. People been saying through out history. Also you people don't understand how expensive automation is that fact that the more complicated something is the more problems there'd be especially being maintained. Airplanes have had autopilot for decades now being able to land by itself yet airplanes still have pilots because no matter how much you program these systems something will always go wrong. Self Driving cars will never be fully automated because there's just too many variables to account for that you'd need a super computer while a human is able to act quickly. Plus these automated robots would need to specially made to manufacture certain products so they'd have limitations to what each on could do. When I was working at Mcdonalds we had those Kiosk and mangement was telling use to not stand or use the cashier except for getting change and customers were getting so pissed off because it took longer to make a simple order on a kiosk than to tell the cashier exactly what they wanted plus they'd always be down and if someone was paying with cash then they'd have to be in line anyways to pay for their meal so it was stupid to them. We kept telling management but they didn't care because the owner spent alot of money on those things and wanted them to be put in use. It wasn't until we started losing customers even our regualors to the other mcdonalds a mile away that mangement started to ease up. Plus even walmart and other stores are getting rid of their self checkout BS because customers feel like they're doing the cashiers job
The Great One of you think it’s a myth you need to look deeper Amazon is shutting down stores it’s not in direct competition with and they are automating you sir need to go under the water and look at the rest of your he iceberg smh🤦🏻♂️
These guys aren't stupid. They understand their business better than you. They might not have an understanding of things as a whole but they certainly understand why they get negatively affected. Both automation and trade can hurt specific groups and they both have. They both benefit the majority though, so we should broadly be in favor of them.
We can adapt to new technologies with freely available training and convenient mobility, but it's ultimately a losing game as automation already has far superior mobility (i.e. the internet) and becomes increasingly competitive on training itself (i.e. AI machine learning).
Right? They said if we get rid of it there goes our middle class? I'm middle class and I don't step foot in a walmart unless I reallly need something. Besides weren't people complaining that walmart was killing small business just a few years back? Did we really have a weak middle class before walmart?
He was expressing humility by acknowledging that his opinions on the subject were only opinions. He's an expert telling you that things aren't black and white, and that he isn't 'the arbiter of all knowledge', or some sh*t. I feel like it was a humanizing disclaimer, even though I think I might disagree with him. Comments like that could offer him a small buffer from criticism on the off chance trump's team of lawyers and economists turn out to be more correct than him in the long run.
Saltier - a person who has opinions isn't necessarily an expert. Every arsehole has an opinion. An opinionated arsehat shouldn't be handed a position of responsibility forming international policy and trade deals just because he can waffle on about his opinion. An expert is someone who has studied all the data (or very nearly all), who has an understanding of where the areas of uncertainty lie, why, and to what degree, and can then relay all that knowledge with the confidence they know what they're talking about. Someone who expresses that they don't know if they believe themselves is clearly *not* an expert. They're an arsehat with an opinion. tripple-d - Saying Frump says things only for effect, ie 'PR', not because it's any way true or honest, does not by any stretch make his inhabitance of the POTUS position any more palatable. Nor does it give the parties he's negotiating international deals with any confidence that he's an honest dealer. Having such a dishonest person in the POTUS office demeans the USA as a whole. 'Truthful hyperbole' is not truth. It's true-seeming bullshit. I.e. bullshit.
The root of all US's problem is that it used to be an empire of production, it is now an empire of consumption. As such huge trade deficit is UNAVOIDABLE no matter what you do even with zero tariff on both sides!
we are still an empire of production, the problem is, we produce manufactured goods, the exact opposite of what these tariffs help, we are helping steel mills and aluminum foundries when we really should be supporting smartphone manufacturies, plane production, and Computer parts makers. These tariffs directly hurt the people producing goods the actual average household uses. One example I have is the stainless steel plant that produced liquid tanks, dairy, and beer producing equipment has laid off many many people due to the vast increase in stainless prices and had to raise the prices of their equipment they sell, this, in turn, raised the prices of milk, beer, and even water in my state as they had a hand in the production of all of that.
agentbarron nope America consumed, and will not work for the hourly rate that those manufacturers are paying in China and that’s why they not in the USA
The best way to decrease the trade deficit is somehow convince other countries to increase their minimum wages and have equal taxes... somehow lol That would require a real whole world united government, the U.N. Is a joke with little power.
Perhaps you didn't pay attention to the video to be quoting such cliched nonsense. There is more manufacturing in the US than there has ever been. As Laura Tyson said the US has twice the output of 1984 in manufacturing with one third of the workers.
Many People can't and Shouldn't work in an Office.. That doen't make them dumb, but, They all need Jobs.. I'd like to watch an Office worker wire your home.. Or fix your drippy faucet.. LOL, that would be fun..
Yeah, those dinosaur jobs will forever support any nation. Yeah, sweetie, how are they going to "disappear" by taxing the hell out out the business owners, enacting carbon taxes, and forcing the company to move to India, China, or Brazil. Yeah, dinosaur jobs created your phone. You do know that lithium and nickel is being mined in the Congo destroying it as a byproduct. So you can enjoy your battery phone life, and your electric prius.
It amazes me when the guy said "the owners of this company is very wealthy "and yet immediately when the orders stopped coming in, everyone was fired. Waiting for the orders to come back in and they will be re-hired. What crap is this? In Asia, we will stick with our employees and the owners will put in their own money to pay for the wages while stock piling excessive production and wait for the conditions to improve. Firing staffs is our last ditch effort, but it seems it's justifiably so in USA.
Bobby Ang I wish it was that way over employers don’t care about there employees here and people worry they could be homeless in a moments notice. People care more about the individual here and not the overall group. Just happened with my boyfriends company CEO called everyone into a conference center and said all of you are being fired and but I’ll be fine. No look on his face, like a robot. And then he just left the room. So cold 🥶
Well yes Bobby, unlike the US, China is well practiced in dumping products around the globe. Perhaps the People's Republic gives your little factory a subsidy to overcome this problem because we can't have unemployed people walking around in the great, glorious workers people's paradise, can we?
Yes, in some cases we expect people to go do work that is valuable somewhere else rather than sitting around making worthless crap. Our flexibility is one of our greatest strengths. Given that we have the lowest unemployment we have had in decades, the number of jobs available is huge. Some will have to move or change jobs to find them.
Just be nice if there were no collateral damage. I'd rather random poor people who didn't vote for him not suffer. Even wishing suffering on Trump supporters is stupid really, worse conditions will just make them more angry and irrational, and prone to more simple 'solutions' to complex problems.
Rusty Shackleford I’m not wishing suffering on anybody. I’m merely observing a consequence to a trade war that is supposed to benefit the middle class.
I think that a lot is lost in simplistic statements like this. Its important to remember that while Trump Casinos were going bankrupt, other casinos were booming. Trump Casino investors lost everything, while "Over the same period, investors in competitor Harrah’s Entertainment more than doubled their money. Investors in luxury hotel, casino and resort companies like Starwood and MGM earned returns of more than 400%. Even the plain old stock market index more than doubled." Its important to understand just how bad trump is at managing a business.
@@donf261 True. As soon as he got ownership of a casino, instead of making money out of it and using profits to perhaps renew them and upgrade them... he kept them inoperative and invested large amounts for renewal. And as is typical for him, he never learned the business, the market. And he played and robbed the companies that did the renovations, not paying them with a different excuse every time and then forwarded his teamo lawyers to do his dirty work. I know a man, who invested his life in his business, made a great company till he started working for trump hotels and casinos. Never got paid and after all the legal battles finally went bankrupt. He managed to live with his loss but couldn't live with himself because of all of his employee who lost their pensions, livelihood... In the end, he took his own life. That's the trump brand in short. His slogan should be - Using and abusing people, no matter what it takes. He is a pathetic human being. He is no business man. However people who bought in to all of his branding deception, and fell for his stupid lies, are now his blind followers.
@@mediamattersismycockholste562 no it isn't. Success is about not failing when you inherit stupendous wealth. Aka success is about SUCCEEDING IN THE FIRST PLACE.
now prices are going up up up up up up up up up regardless cuz of THE ... MEDIA HYPE that ppl fell for ... NEWS FLASH... PPL DIE EVERY YEAR/day of THE FLU, car wrecks/truck wrecks, accidents in house. on job, asleep in their beds, mowing the lawn/shovelling snow, slip and fall on ice, in bathroom, kitchens, on sidewalks....
So the jobs we lost in this country are mostly due to automation. Ok, Explain to me why we don't make washers, dryers, microwaves, car headlights, (as well as almost every other part to the cars), as well as almost every other manufactured item. In this country any longer? If you don't believe me. Go look at your cars headlight, taillights and other parts and read where it was made. Maytag, Westinghouse, GE, Kenmore and the rest. Have their products made in China and shipped her to be sold as American products. The only jobs these places offer are in warehouses. Where their product is shipped, then sent to department store distribution centers. All the manufacturing went overseas because the labor cost and tariffs were so low. That even with the shipping of the products back to the US. It was cheaper to the companies that having them made here in the US. Cheaper in the way of profit. Mainly to keep their investors happy with the gains they make, on their investments. With such low, or no tariffs. Companies like these were home free. Any economist that is not being back (paid) by big business knows this. Big business wants to keep their cost down and not move the manufacturing back to the US. Oh, and anybody with half a brain can research this on their own.
The problem is that there are no Americans willing to sit in a factory for minimum wage and make car parts all day long for $10/hr. Who the hell can even live off those kind of wages or even support a family? Watch the outrage and hysteria when an iPhone suddenly costs $5000 because it's 'Made in the USA'. Here's my message: learn a marketable skill and make yourself administration proof.
I was laid off from GM back in 1982. And as you know the plants here in Michigan and other states have taken a beating. As I was laid off, a company named Honda was building auto plants in America. I flipped my lid. So many shops have shut down since, related to auto industry. It's gotten bad in many other industries everywhere. My grandson got his 4 year degree last year and he couldn't get hired making over $10 hr. Unfortunately, and I can appreciate people being patriotic, he joined the army and is getting out of boot camp next month. He joined for the same reason I joined so many decades ago. The money and hopefully a better chance to get a good job after serving. It didn't work for me and I went to college and that didn't help me out either. I hope He has better luck than I had. I'm retired now and trying to live on my soc sec ben of $ 850. a mo. America is not what I thought it would be as I was growing up. I am so disappointed in what has happened.
All that work was outsourced when Bush Sr and Reagan were in office and slowly the manufacturing was outsourced to save corporations more money due to low wages and not having to pay benefits.
It's true. It happened over decades starting in the 80s and especially the 90s. Most policy has been aimed at making sure those who are wealthy maintain the advantages, at the expense of those who used to form the manufacturing base.. But a trade war with China, EU, Canada and Mexico all at once certainly won't fix that, and if continued will probably make things worse.
Say what you want, he seems honest, he said what he believed and what he didn't know and that things can go either way. Actually, now that I think of it... he's pretty useless.
Laffer, Navarro and Kudlow, the trio of dolts. Bad advice being given to an idiot who mostly doesn't even understand the questions. No wonder drumpf sat on his hands his first year because he was overwhelmed. Second year, he knows even more than the dolts about world effecting economic policy. We're headed for serious problems. After all, who shuts down the United States Government for a wall the experts say we don't need, won't work and is ridiculously expensive? Don the Con Drumpf. Idiot!!!!
@@dingdingdingdiiiiing : See, the problem with that is he's got an education and a career pedigree where he SHOULD NOT be talking that way. I mean, yeah, it's sort of refreshing that he's so honest that he doesn't really know what the F is going to happen but when you're an economist that various high level civic leaders have leaned on for advice, you can't really get away with the ¯\_(ツ)_/¯ . I mean, think about it. You and I can get away with this (unless you're a famous economist, in which case, my apologies) but he shouldn't really put that out there. It's a bad look and it smacks, along with his other words of being a sycophant for Trump.
So Trump learned some things from Kim Jong. 1. Protect local products. 2. Introduce tariffs. 3. Discredit the media. 4. Make elites richer, everyone else poorer 5. Build up the military 6. Empower the police 7. Perfectly happy Communist state.
Mainstream media is overwhelmingly biased and North Korea isn't a communist state it's the NK version of communism and the reason for not heavily taxing the rich is because they provide the money for social programs.
"I feel very comfortable with Donald Trump's rhetoric and with what he's done so far. Now, Can you get me to agree a year from now, after he's caused the great depression? Yes, you could get me to be opposed to it, but i just don't see that in him" Jan 14, 2019 Mans didn't even know he was a time traveler
OG Cookie Monster yea thought hookers would be legel then I can I get balls licked more often instead when she wants to do it. Unlimited balls sucking !!
"It's above our pay grade to worry whether a measure affects other industries" - It is not above the paygrade of the president and congress. And you will be affected by other industries. You might have a trillion dollar bonus for saving your industry, but if everything else goes to shit as a result (the economy, other industries, agriculture, the environment, etc), what the heck are you going to spend that useless "toilet paper" money on ? Win at all costs, even if you're going to lose 5 minutes later as a direct result of your own strategy for "winning" ? This isn't even short-sightedness anymore, having horse blinders on isn't quite enough to describe it, it's sawing the branch you're standing on. :(
People like that don't give a shit about anybody outside their industry (including other Americans), even if in the long run that means the whole economy goes to shit. All that CEO cares about is growing his stocks and that means keeping his aluminum factory afloat at all costs.
@@DWilliam1 I think you might not get what the whole voting thing we do is about. It doesn't matter if each individual in our country is short sighted. When the next vote at the polls comes up they will vote for their own interest again and that is fine because if too many people get screwed over by Trumps policies he won't win again. However, if enough people benefit from them he will win again. That's the benefit of having open elections. Though, none of these things actually hits at the heart of the matter. ua-cam.com/video/BsqGITb0W4A/v-deo.html
@@wingman358that's kind of funny because people in industries where china is manipulating trade would think the same thing about you, that because the last 20 years of pain hasn't effected you, you only care now that it suddenly does.
It is so ridiculous: Trump imposes tarifs on imports. Well this may reduce some of these imports, but who at the end is paying the higher prices? The american customer !
The price May Go up a tiny bit, but the production is happening In America, which boost the American home marked. You clearly dont understand World trade and How it works.
@@notimportent3877 Yeah & that's why Trump buys everything [95%] to outfit his Hotels & Golf Courses from China...Fukin wake up you don't understand how PRICE matters
@@Frenzy2409 I understand how it works buddy. Companies will always try and buy the cheapest because that what makes the most sense for them. If they buy cheaper their profits will increase. If the goverment puts tarifs on the country which undercuts the home market, your resouces will be bought instead. An example. Steel has been outsorced from china for a long time because its cheaper. Now its no longer cheaper so the companies in America will buy american made steel instead (because its cheaper) That steel will ofc make your prices go up in your country, but it will increase the circulation of cash flow in the United states, which will mean that the home market will benefit from it instead of chinas. Rule 101 in world trade is that countries should strife at having a higher export then import. If the import is higher then the export the country will go into a minus in balance. That in itself is not good for your country. There is multiple economic theories, which support this. Since the United States has a massive deficit on the trade balance between china and themself, these tarifs makes sense to support.
@@Frenzy2409 Also you have to look at why this trade war started. Chinas goverment invest heavily into their steel production, which makes them able to undercut america. This acually goes against, the WTO partnership which China has signed. Therefore what china is doing fucks over the other 135 countries which follow the rules, because their goverments are not allowed to invest in companies to have a competive advantage over other nations. This is the whole reason that the trade war started. Its China breaking the pact which they have signed, to have an advantage on others.
Motorola has been around for a very long time. Well before cell phones. Where are they now? Their phones suck. But sure, blame China. Who sent the jobs to China? Globalists. Trump is a globalist he doesn't care about you or me. He laughs at his supporters. Rightly so.
Or, you know, I heard there is an aluminum plant hiring in the same district that has already hired 600+ people. I bet some of them could be the 70 who got fired from the nail plant that was buying steel from china.
I also want to know how many of these guys relied on social programs for the 2 years they were unemployed, you know kinda like the farmers who accepted subsidies over his tariffs. But they hate socialism
Oskar Dirlewanger typical, you go right to insults when you can’t make an intelligent argument. Unemployment is a socialist program, as well as Medicare, Medicare, and Social Security.
@@oskardirlewanger6126 Is Venezuela the only country you know that has socialism or are you actively ignoring the countries that have working social democracy's like Sweden, Norway, Finland, Denmark, Germany, Italy, France and many more. And the fact that you argue that things like Social Security, Medicare and Medicade aren't socialist programs just show that you don't actually know what socialism is.
@@FaintAcrobat I know that you are confused about socialism.I have been in 70 different countries and every one that you mention,your view about these countries proves beyond a shadow of a doubt you didnt do your homework son.Cuba,north korea,china and Venezuela are the 4 truely socialist countries on earth and Vietnam doesnt even qualify,been there done that.
trump doesn't care about your farmers, trump is a CHEAT and no more ask AMERICAN FARMERS, STEEL WORKERS, COAL MINERS these are the ppl that prez trump promised (steel is coming back to usa?, trump digs coal?, farmers have to many crops which die in the fields bcuz trump will not allow usa farmers to sell to CHINA as we did for over 60yrs or more so farmers go BANKRUPT just like trump did, but no RUSSIAN BANKERS to help farmers like RUSSIAN BANKS did for trumpeter!)
@ James Smith you are obviously a clown he had to bail them out or there would be no farms... Soy farmers lost tons of money from the pissing match he wants to have. Farmers and truckers have been complaining. Where are you stuck in a hole?
@@burnellbrowne4303 Farming died back in the early 1900's when you didn't need to farm to live anymore. It produced an over abundance of farmers trying to sell to food suppliers. Well there's only so many mouths to feed in this world. Once you have too many farmers producing too much product, they're just wasting money growing and not all the farmers will be able to sell their product. Just look at what's happening to marijuana these days. There used to be plenty of money in it when there was hardly any growers, now everyone is growing marijuana and it's worth nothing so you can't even make a living off of it anymore. If farmers are waiting on me to buy their product they'll be broke cause I grow my own vegetables, meat and use non-ethanol fuel. Hell, farmers lose money on corn for ethanol and the government pays them to grow it to keep them in a job. Government just needs to quit blending ethanol in fuel and use straight petroleum. Forcing small corn farmers out of business or join with other farms to build bigger farms with less overhead. Make them farmers work for bigger farms and it'll produce more money for farmers. If half the farmers went away, farmers would get rich again. It just all boils down to there's an over abundance of farms and farmers
@@smallfishproduction3163 - Yeah, it's a joke. I get it. But it's still an ignorant comment, none-the-less. China has had Tariffs in place LONG before Trump ever took office. Those tariffs are on EVERY country and they affect EVERY ONE in a negative way. Trump's ultimate goal is to STOP Chinese tariffs all together, which in turn will HELP you and the knucklehead who made the juvenile joke above. I repeat: China has had Tariffs in place LONG before Trump ever took office. To say Trump "started" a Trade War reveals one's ignorance.
Oh and the 16 yrs if the Clintons and Obama’s financially ruined this country to over $33 trillion! My solution for me is I’m buying all the ammo I can! Lock and load!
There isn't Middle Class prosperity with Wal-Mart. This guy is a weirdo! The Middle Class has dwindled so low that the Upper Poor Class is the new Middle Class.
When China came on strong with their industry, it was just a question of time until our economy adjusted with a lower standard of living. They have a Billon more people than the US, and much lower wages, and almost free reign to do business and industry without government interference, in fact, their government helps them.
@michael mcpeek No. one of the sub-contractors did, not Apple. Check yourself before you wreck yourself you uneducated cretin. I bet you are one of these manual labour peasants aren't you?
@@coreywilliams1454 they make apple iphones, reguardless of who the net was subcontracted by. Apple is responsible for the well being of the people making their products.
The LAST person I'd be interested in hearing about how to build the economy, or tariffs, or anything else is the person who invented the concept of Trickle Down Economics. One of the worst domestic economic plans to ever grace the earth. One of the biggest reasons for the HUGE wealth gap the US has now. Tax Cuts for the rich, keep workers wages low, while the cost of living skyrockets. The end result being that just a few percent of the country owns more wealth than the vast majority put together.
And look at who is right behind them - Mercedes Tuscaloosa, Alabama. Volvo is coming to Spartanburg as well (specifically, East Spartanburg). Tuscaloosa is expanding - Metris and Sprinter are coming there. Not ALL manufacturing is going to the PRC - some is actually coming here - and from Europe, at that. (Volvo, Mercedes, Sprinter, and Metris ALL came from Europe to the United States.) It's not that the United States can't manufacture - it is that a lot of folks think it's all about labor costs; it isn't - as Spartanburg and Tuscaloosa prove every dang day.
@@PGHammer21A But things might change due to the trade war. One of top 5 Chinese imports from US are luxury European SUVs, like the ones made in these BMW, MB factories in US. BMW decided to start making certain models in China instead of importing from US because of the additional tariff.
@Nunya Business Tesla is great, but a fledgling company that holds a tiny market share compared to European and Japanese automakers. Enacting a tariff on materials and supplies from other regions will have ripple effects. Besides, the lithium used in Tesla batteries in the Nevada facility doesn't come from the USA, we don't have much in the way of lithium reserves/deposits. Tesla also has a shanghai plant under construction set to open doors in late this year actually. global free trade has enabled the adoption and advancement of technology by having access to materials from around the globe at market price, enacting tariffs just creates temporary relief for disaffected workers because in the end automation is inevitable, shifting demands and industries come and go, as do geographic sources for certain demands.
Christopher Estep You think those German companies leave all their $ here in the US? You think they make cars, sell them and spend all the $ right back into the US economy?
Yup and then he gives the farmers a bailout package all the while saying socialism sucks.....it's beyond bizarre that his supporters don't even recognize his blatant hypocrisy
sherpa cool Obama increased farm subsidies (not bailouts, you sound stupid) at record levels. Stop the fake outrage. You didn't care when Obama did it. Sad you do not know what socialism really is as preach bullshit.
@@irock5624 jajajajajajajajajajajajajajajaajajajajajajajajajajaj what wall the 35 feet in the desert jajajajajajajajajajajajaja whos gonna pay for the wall not mexico sorry for you jajajajajajajajajajajajajajaja
Everything 'Trump made' is entirely made from other counties, especially the 'america first' items, and the buyers/supporters are....otherwise mentally unable to recognize that.
Re-establishing steel and aluminum industries in the US is a no-brainer. When a full-blown conflict will occur and China takes the other side, US cannot provide weapons and ammo to its military and hence will lose any future conflict without a vibrant steel and aluminum industries.
All I can say is folks need to start growing their own vegetables. I’ve had a vegetable patch in my backyard since 2008. I’ve got more food independence than most folks my age. I’m able to share what I grow. I invested in mason jars, a sauerkraut croc and a canning pot. I recently purchased a chest style freezer so I can freeze the tomatoes I grow. I rotate the things I grow. I only use hand tools. I don’t till anything. I use a broad fork to loosen up soil in the spring. I plant cover crops to protect my soil during the winter. I also practice a companion planting method by Louise Riotte and her book called Carrots Love Tomatoes. Louise Riotte was from Oklahoma and developed her growing methods on land that is recovering from the Dust Bowl. Why do I mention the Dust Bowl? Well, our current methods of farming are going to bring on another Dust Bowl if we’re not careful.
CAMERON BENNETT, that’s good. Most commercial scale farms don’t practice soil or water preservation. After ten years of growing my own food and saving seeds, I can say that I’ve got more chance of feeding myself in a crisis than most folks. Also, I’ve not purchased tomato sauce since September.
s3xyScorp. I agree, we’ve got great wine here in Ontario. I did a wine tour last summer in Prince Edward County. Canadian food prices are set to increase a yearly average of $400 per family in 2019. I’m fortunate and able to somewhat handle the increased cost of food. I know people who are barely scraping by right here in Ontario. I’ve got a dad who’s livelihood relied heavily on the GM plant in Oshawa.
Um we may not be what we once were, but don't forget we're still the superpower in this world, and also who you calling stupid with your half English you sound like a dumbfuck
@@joerogan7364 Superpower? the only thing usa is number 1 in is the amount of money spend on its military. And what was the last war america actually won? not the middle east, not vietnam not against korea ... you must look back all the way to ww2 .. So some superpower. XD
@@joerogan7364 "still the superpower in this world" -- Good luck with that. Interest on US debt is expected to go up from $ 310 billion last year to $ 620 billion in 2023 and $ 1 trillion in 2028. And there's a new recession looming. Oh, Rasmus is Danish, so calling him a "dumbfuck" while you can't even write a proper message in your own language, makes you the actual dumbfuck. How many other languages can you write in, by the way?
All those nail factory workers smoking cigarettes on the job, in the factory... how is this even a thing in 2019?! This Vice reporter was excellent and appropriately empathetic to all those he interviewed. Watching this video was a good use of my lunch break.
@@TheDrLeviathan Really? I have been a factory worker for 20 years now. Have worked at 5 different manufacturing plants. I have NEVER worked/currently work in a facility that condones smoking on the floor. None. Have you ever been in a factory?
@@dflatt1783 who said it was condoned? I mean seriously, people have gone to the bathroom in buckets so they didn't leave their spots. I've seen welders smoke while working.
@FooBar Maximus Those jobs you call 'shitty' are putting food on the table for thousands of people... The real shitty thing is your comment and mindset, and everything that goes with you
"It's above our paygrade to worry about whether there will be impacts in some of these industries or not." What an unperceptive, selfish position to take.
Where do you work? Now let's imagine you're told to worry about doing another person's job for the same pay. If you decline, by your own logic, you're selfish.
Coca-cola has 3c worth of aluminium in it. If the price of aluminium goes up by 10%, the cost of aluminium in Coca-cola will go up by 0.3c US news, unbelievable.
Right, because everyone drinks Coke and the price of Coke is a key indicator of a healthy economy. Don't believe the people reporting on the global economy, believe a random guy on UA-cam 😂😂😂
Xing Honey there is no alternative that doesn’t end up with China having significant power in trade leading to many other problems for the US in future. There trying to become a dominant power. Not all ideas will be 100% positive but trump has to make a stand and do something. We can not afford to stand down.
@@ForgedDr3ams I got that part. I meant that many on the show talk about the negatives of trade war and do not provide solution to the problem of trade imbalance.
I lost my Die Setter Job because of this trade war back in april. The company original investers pulled out because of the cost of the steel wire we used to make brackets to hold up mufflers, and rings to guide lawnmower wire when you start them. The company had several potential new investers from diffrent countries and here in the U.S but they all backed out saying the cost wasn't worth it. All said its because of Trump.
All said, it's because a bunch of Democrats and Republicans made a bunch of shady deals with Russia and China and sold us out. We've been in a trade war since the 70s, and our politicians have been giving China very lopsided deals in exchange for tons of anonymous 'campaign contributions'. Trump just admitted there was a problem and did something about it. It wouldn't be such a painful transition if the idiots had just done their damn jobs in the first place. Also, because of the state of the economy, you'll get your job back easily. Thanks to Trump. So put on your big boy pants and stop complaining.
@BananaPeal0 let's peal of this layer of BS, my good sir. who puts lithium in car batteries you ask. Hm, good question.. I don't know actually.. Ow wait car brands like Tesla, BMW, Nissan and all the other brands that make electric cars. Because they power those cars with Lithium-ion batteries. WHICH NEED LITHIUM....
LOL...When multiple bankrupt billionaire pretends to care about blue collar working class people while cutting taxes on the rich, cutting regulations on environmental protection, and cutting healthcare and education, while increasing funding for a bloated military welfare state (google world's largest employer) and multi billion dollar welfare packages for farmers to hide his terrible business acumen...www.drovers.com/article/new-tariff-aid-plan-offers-single-payment-all-non-specialty-crops Hahahahah...Please google 'Cognitive dissonance'...LOL
The thing not reported is that Chinese labor costs have skyrocketed. Investors have been looking for a reason to return to USA and the trade war is a powerful reason. Lower taxation on businesses could facilitate new investment opportunities.
@wrong notes john kenney is right, many of my shenzhen based tech developers have been looking to come back to the US due to increased monitoring and forced regulation on their good by the chinese government. Things such as installing a back door in their source and allowing the chinese government to take and review shipments.
@@Johnmk24 Well I am an international investor, I purchased a passport wallet from Nordstroms and I live in Canada. Yes I want to go back to the US and pay far more for my inputs than I would in China. Why in the hell would I do that? The only reason to return to the US only if someone figured out how to automate the whole process, either way, don't need expensive American labour to make no brainer products.
For the same wage a fat American is going to work u can have 10 Asian workers doing longer hours and working harder that’s why it’s cheaper to manufacture it’s really not rocket science
@@HELLO7657 Such as Iphones?Apple computers made in China And all shyt sold in WM,,who pays to buy these things? US consumers,,so how does higher cost helps you!?
@@段子手-q7t USA is in very weak position at the moment though. It is politically divided which prevents USA from taking a clear direction and fast decisions, USA has lost military influence all over the world, USA managed to piss off EU which has resulted EU to invest more to Asia and less to USA, EUR has began to replace USD as reserve currency, EU has began to invest more to European military industry which means huge losses for US. industry as a whole, and there are huge civil unrest's in the country. USA is about to blow from inside out while rest of the world has taken steps to separate them selves from US. influence.
@@biggybiggy84 Think they have to have certain % of items/material in the phone made or bought from the US but not 100 % sure on that, dont quote me for that part... but just type Apple and india in any search engine and they really did announce that sadly. So the so said plan failed for that company at least !!
LOL This policy is temporary. These aluminum workers will lose their jobs again when Aluminum can be produced so cheap it is impossible to continue to protect or when the political winds change.
I listened to this entire video & I think that there are some serious omissions by just focusing on the tariffs. (1) You must take into account ALL trade barriers associated with selling a product into another country, not just tariffs. Until DJT got into office, almost any country could sell about anything into our country as long as their cost of production & shipping to our country was low enough that they could undercut prices for similar products made in our country. In general, we didn't apply tariffs to those products being imported into our country & we didn't apply expensive artificial requirements on those products. (2) IF other countries were as open to letting us ship our products to them as we have been to letting them ship products to us, then this so called "trade war" wouldn't be an issue. (3) BUT both the EU (European Union) & China have made it extremely difficult to ship products from our country to them by imposing both tariff & non-tariff trade barriers that effectively make it non-competitive for us to ship products to them and still be profitable. You must look at the whole package of trade barriers!!! (4) I'm very sure that DJT has a very good understanding of all issues surrounding international trade, yet 99.999% of people would fall asleep if he tried to explain the details. That is one reason the "economic experts" are not listened to by most people. (5) I have an MBA & had to take multiple economic classes as part of my requirements, so I probably have a better understanding of "free trade" & "international trade" than 99% of the population. I can easily see that some of the rhetoric that DJT is using with regard to China is aimed at helping most Americans understand what is at stake. Yet the details are far more complex. (6) DJT is NOT actually saying that for every $100 of goods that we import from China, they must buy $100 of our goods. What he is saying is that the trade must be balanced in that neither country should be putting artificial non-monetary trade barriers in place just to stop the other country. (7) One of the things people need to understand about DJT is that he is a master at simplifying the arguments so that most people can grasp what is at stake. He needs to get general buy in so that his experts can work on the painful details and hopefully get the House & Senate to accept the corrections. If he were to publicly discuss all of the details, nothing would ever get done, and he knows that!!! (8) I've worked in the hi-tech sector for many decades. If you've paid attention to what DJT & many others have been saying for many years, China has put up very significant barriers to selling many products into their country. For example, for many products where we had a significant technology edge, yet our companies wanted to expand distribution into China, the Chinese would require conditions that essentially resulted in stealing our technology over time. This is part of the IP (Intellectual Property) issues DJT keeps talking about. (9) Keep in mind that DJT is NOT a protectionist in the traditional sense of the word, yet there are some industries that we really need to be careful that they don't all go to our adversaries, such as China (for example, what is needed to maintain a strong military).
Roger Due you’re on the money with your comment especially about the intellectual property part couple years back the Chinese hacked into the technology that powered a US built windmill technology- once they got the software and schematics they started producing their own windmills. Similar stories across all industries whatever they import over there they copy and manufacture and discontinue importing. They’ve even done this with cars unbadged BMW and rolls Royce’s being produced over there
Once again, Trump's actions are based on politics, not business, not science. He has no clue, like a child, "Apple will build phones in America". The voters don't understand why not but Trump does. That's the point.
Internment camps. Orwellian surveillance. Silence. Isobel Yeung goes undercover in a special report that reveals how China is oppressing the Muslim minority Uighur people in horrific conditions. Watch it here - bit.ly/2Xfyu36
We do all that over here in the USA too... in fact, I bet we TRUMP them in each of those areas. 😂
Right but did we save the nail co?
@@guitartabs6386 DJ is a psychopath, so don't listen to him.
and I care about muslims who practice islam , why
I dont care about them
DJDonkeytron big orange man bad
Vice, you should do an episode on how college graduates can't get jobs in the field they went to school for.
Vice should do an episode on stupid people going to college, racking up huge student loans, knowing there are no jobs to fit their degree.....LOL! Keep adding to the 1.5 trillion in student loan debt fools!
@@billcarlson8615 What's your solution?
@@mjanssen1255 Get school teachers to stop pushing college to the 50% of the students that go and never graduate. Tell kids you can find great jobs that pay well with no college credits required.
Maybe students shouldnt be going to school for jobs that are not in demand
@@sonictheedgehog5360 Yeah I agree, but there shouldn't be degrees for something that's not in demand. I just hurts the country as a whole after a couple of years. People are expecting a certain type of person to come out of college and be successful and help other people, but if there are degrees that don't help, then we are many years behind.
7:25 This is entirely what's wrong with this country. He essentially is saying, "as long as I get what I want, I don't care that my actions might negatively affect other people in other industries." But you were crying when someone did this exact thing to you. What a selfish population.
You are whats wrong with this country! Balance is key and by ur statement you are just as selfish who do you think you are to judge fair off of your political bias. What he wants is what half the country wants LOL don't minimize issues and expect to control policies if you dismiss people you lose like you did last election
@@vlb55 Right, its a capitalist playing field and that aluminum facility failed to keep up with its competition, hence why it went under. Now Trump is trying to enact protectionist tariffs to revitalize those industries at the cost of literally everyone else, the opposite of free market competition. It is shortsighted and geared toward a very low information voter base that doesn't understand how the real world works.
That's actually a typical American mentality. "As long as we're winning now, who cares about the long term consequences!"
@@vlb55 What are you talking about. More businesses are leaving now than ever. The ripple effect of the trade war will hamstring the US economy and by extension the world economy.
@@vlb55 yeah nothing says free trade like government intervention. Trump aligned himself with failing industries simply because they had the most to lose and were willing to give the most back. It's very obvious he got payouts from these companies. Companies fail. Industries disappear. THAT is capitalism. The fact that you defend government intervention to "even" the playing field shows how idiotic the right truly is. They hate social programs that help needy people, but love bailouts to businesses. They hate socialism but want the government to manipulate the market to "even" the playing field. If coal and aluminum are failing, let them fail. Innovation will drive new businesses. Think forward, not backwards. And that is why Trump supporters are idiots, because at their very core, they are backwards.
I know a shitload of people who voted for trump for the sole reason that he isn't Hillary Clinton.
50/50 shot. They got it right. I know a &*^load more people that wanted Hillary just because she is a woman.
I wanted Hilary because she wasn’t Trump.
@@infidelheretic923 better hope that you are a multi millionaire because that is the only way you will be able to live in her neighborhood.
Maybe? It's gonna happen again if the Dems don't learn from this last Presidential election. I won't take it as factual but I hear Elizabeth Warren is possibly going to be on the Democratic ticket for 2020. That's a guaranteed Trump second term.
@@infidelheretic923 My point exactly, shit like Benghazi doesnt sit to well with us Patriots.
Maybe he should start by having his daughter produce her shoes In the USA
LOL! or his damn ties `made in china´
The rich will lie to the poor to get votes to be in office to make them richer while the poor will suffer for believing the rich will look out for their best interest. While Trump and his dautger uses cheap labor to produce their inventories to maximized profits, the poor that voted for him are out of work and still pround of their decision and still willing to send their sons and daughters overseas to be killed and at the same time blamed those people in their own house as the enemy.
@@senatorarmstrong6886 well, she aint the one who's selling her like an american hero or some bullshit.
@RIO RUSTY RSTUDS useless war?...then why the military buget is increasing? Cheap labor? Go to any, any of Trump properties and witness the CHEAP MEXICAN labors that are cleaning and maintaining those properties. Your arguments are cute but full of reality holes.
@RIO RUSTY RSTUDS if you are calling me an idiot then you are right. You cannot argue with an more idiot person for assuming fact instead of real facts. And yes, it is on the news that Trump uses CHEAP LABORS and refuses to pay and even threaten to report those labors for not having green cards. Yes, I am an idiot for believing another person of an even more idiot to have an intellectual debate.
Cheaper to buy items in Canada these days. I used to buy on Amazon USA and ship to Canada and save money. Now everything is either the same or sometimes cheaper here in Canada. I'm 69 years old and I never thought I'd see this day. Donald Trump Made Canada great again, I now shop in Canada only.
You realised it to eh
@Bobby K The prices for Canadians went down, probibly the CAD/USD exchange rate shifted
Jim Battersbee why would you do that?
@Bobby K only chinese-made stuff
canada is now a security threat to USA!
That guy at the nail factory says "I didn't think about our raw material". Guess he thought the raw material gods bestowed it upon the factory. C'mon man.
A lot of trump supporters who are now suffering to his actions always say either "I didn't think about-", or, after the 4 years of his failure, insist we 'give him a chance', while the very same people would jump on anything and everything, related or not to a liberal president within months, saying "see? see? we gotta get them out of office!". The irony is beyond them
Bruce Caldwell Yeh the economy goes into another recession or even Great Depression II but the next president gets blamed unless he's a Republican. But Repubtards take credit immidiately after a Democrat turns the economy around.
@@jamessuhr4074 MAGA 2020
Yeah that one made me laugh!
Funny guy he is, guess he's still a naive kid deep inside his mind.
People Don't Think For Themselves ENOUGH, PERIOD!
china does not have a problem with pork because they bought the largest u.s. pork company smithfield.
China has pork reserves lol.
Seize the means of production, be it pork or appliances. China is very successful. Fast forward to 2020, pork prices are going up in the US. China needs pork from the US due to swine flu.
China produce 5x usa in pork
Your right on the chinese owning our pork plants an they also own almost all of out crop genetics an crop spray company's, terrible but during the obama era they sold everything they could to then during that time
@@bryanginder5903
I’m sorry but you can’t blame the loss of jobs to China on Obama as it was Nixon who first opened things up with China and then in 2001, Bush did nothing to stop jobs from leaving. Trump hasn’t done much better www.americanmanufacturing.org/blog/u-s-job-loss-to-china-swells-to-3-7-million/
Don’t be so naive. Corporate greed and the need of cheap crap we have to replace every year, got us where we are. Under trump, we are one nightmare away from becoming the second world power ... behind China.
26:15 The accuracy is astounding! Considering the pandemic took place a year after this video came out.
I was looking if someone is going to mention this... unbelievable
So let me just get this straight , Chinese are making cheap , commonly avaliable aluminium & steel and you are pissed at them. I thought that USA was all about open & free market. Isn't the whole point of capitalism to make things cheaper and readily available.
I'm pretty sure the tariffs was the big deal. Not cheap competition
This is a identity that the U.S is struggling with right now. The market of course wants and demands free trade with the cheapest producer. China know this and is taking advantage of the market, but because China's government and how China keeps growing as a global power this concerns many people high up in the U.S government. They want to hinder China's growth but also want to keep the market "Free".
Yea but the country with higher labor will always be worse off in the long run.
@first last that's really just a stereotype. So many expensive and high quality items are made in china. The cheap stuff comes when you want to pay the lowest possible price.
Cause the dark truth is that republicans aren't capitalists. They own most of the stuff in america, so capitalism has been working for them because its been the immigrants etc that do all the work in the capitalist system. Repubs get a lot money and from things passed down to them by their families. Now that society is being equalized, they are starting to see reality of how most people in the world live, and they're freaking out.
Look at what trump really represents, he got all of his money from his parents, ownership of hotels. Dude has never worked a real day in his life. Republicans LOVE that. It's big subconscious reason trump won
It's hard to fight a large war with your enemy when they produce most of the aluminum and steel you need.
I have a better idea, how about stop fighting stupid, unwinnable wars?
One tank plant remains:
www.forbes.com/sites/lorenthompson/2019/03/19/president-trump-visits-the-last-tank-plant-in-america-which-he-helped-save/#1467362e2879
USA has no national security left. none.
@@JB-yb4wn Unilateral disarmament and unconditional surrender - it's an interesting tactic. How does it produce Victory ?
@@SeaJay_Oceans
Well how did that work in Vietnam? You tell me. Worked well for the Viets.
Maybe if you idiots would spend money on improving your infrastructure, healthcare and education then maybe you will get somewhere, invading countries on a lie (see Iraq) and spending trillions of dollars over nearly 2 decades with nothing to show for it except excessive debt which generation after generation will have to pay for.
Are you more secure? Have you lost more people in the US due to gun violence than terrorist attacks in Afghanistan and Iraq?
Do you think that the countries that you have invaded want your gerrymandered, corrupt, bipolar system of government? Is that what you are fighting for?
@@JB-yb4wn Are you more secure? YES
Have you lost more people? Nope.
Manifest Destiny. Look it up.
"Its above our pay grade to worry about the effects in other peoples industry's" - Spoken like a true CEO
Spoken like someone who has a job.
@@stza16 Don't hate on people who have a job. not everyone with a job is a selfish freak who takes pleasure in inflicting human suffering.
@@jonbowman7686 I have a job. I respect CEOs.
Where are the financial gurus that back Trumps plan? There certainly are some out there somewhere, but conspicuously absent in this biased hit piece.
@Green CatGurl I agree with you that most CEOs are overpaid. However, a good CEO leading a good company is a wonderful thing. Technological innovations, inexpensive food, the efficient distribution of resources; corporations do a lot for society.
"I never thought leopards would eat MY face" sobs the person who voted for the Leopards Eating People's Faces Party.
Pleeeeeease do an update on this story every 6 months. It will be fascinating to see how things actually unfold over years time (since tariffs are only a temporary tool),
soaring ass because trump tariffas?
"tariffs are only a temporary tool" "Trump is always a permenent fool"
@@MandM_IMOPlease see this video to understand what is at stake ua-cam.com/video/oSjlGNaWPbc/v-deo.html. You are welcome.
Matt, you hit the right note. We need in-depth analysis of the kind every six months (perhaps every three months).
Tarrifs are a temporary solution . but the real solution isnt flocking to walmart . closing americas business
“I don’t care about how this works as long as it works in my favor” -middle America
That guy wasn't actually part of the middle class... he was part of the 1% which is exactly how he got to the 1%, with pure unfettered greed...
@@tiny99990 just remember that greedy man in the 1% is paying for everybodies healthcare, financial aid, law enforcement/ fire department with the nearly 40% tax he has to pay every year. Oh and he's providing how many jobs to american people at that business? cause you know they don't work for free.
i love how every country thinks they are better then america right now.. when this WORLD descends into war and chaos, we, the american people, will be the ones picking up the pieces. good luck to all. think thoroughly.
@@charlieoconnor40 you mean you will try and pick up all of America's pieces, screw the rest of use. America #1 right? Can you blame the national community for resenting a country with such a toxic rhetoric? You know it's funny the state of your country resembles imperial England more then the American colony s. Is the pride you feel for their achievements warranted when you are the modern version of the oppressive system that they fought against?
"I don't care how this works, cause it's all racisms." -Black people
"It's above our pay grade to worry about whether there will be impacts on some of these other industries or not." One of the falsehoods of Adam Smith's economics, ie, if everyone--individuals and industries--pursues only their own interests, everything will be fine and the effects will be balanced out. Our "leaders" can't think any broader than this, and it is disastrous.
Capitalism is superior to all economic systems, certainly communism.
Archon Southpaw
During WWII, the US functioned with a completely planned and managed economy. While it’s certainly not ideal and there are many benefits to well regulated capitalism, it’s when it becomes unfair and predatory that capitalism is shown to be problematic. If businesses stay out of politics and they work in a fair and honest manner, capitalism works well. But crony, oligarchical capitalism doesn’t work well.
@@keirfarnum6811 The US economy certainly wasn't "completely planned and managed" lol. Government took unprecedented control to some extent during a time of crisis, and in such situations that's what's needed. But it was a far cry from the command economies of the Soviet Union or even comparable western powers of the time.
eh.net/encyclopedia/the-american-economy-during-world-war-ii/
It's also irrelevant, as peace and wartime economies should be and usually are run differently.
An oligarchy as you describe it isn't exactly free trade; it's business getting involved in government, which is in turn a government overreach. There's nothing about the free market that in and of itself precludes fair and honest trade, nor does capitalism preclude some government oversight to ensure said fair and honest trade.
David Shelow yes it’s a fair point for a worker to say that. But a leader of a nation? There’s a reason why being President of USA is a tough job...
@@archonsouthpaw8690
Over 70% of Americans are living paycheck to paycheck. That would be objective failure for a developed nation. But the US has always had to be special.
Did I hear him right? Without Walmart there would be no middle class. Incredible.
you take it too literally lol
i think he is the most stupid person I heard
Makes sense he’s the economic advisor to the president
Travis Tran pop
what would you expect from the godfather of trickledown economics?
He neotiated new trade deals yet our deficit ballooned. Such a great negotiator.
And farm foreclosures are at a twenty year high
@@peterdickerson2629 Just to be accurate, foreclosures or bankruptcies? Most the bankruptcies are chapter 13, just a reorganization of debt. But Trump still sucks and I have a small farm
@Abu Omer Trump can negotiate anything he feels like. He's a great negotiator, only exception here is that Trump doesn't bother about the future after he has won the negotiation.
He is a true American badass. I love trump. He is the best president we ever had. I have my $13/hr job back because of him!
@@krakenwoodfloorservicemcma5975 nah. Your minimum wage must be 7 dollars.
"without WalMart there is no middle class or lower class prosperity in America"?
Can someone explain to me how the prosperity of a global corporation who receives enormous amounts of corporate welfare in the form of tax and employee subsidies is tied to the prosperity of the middle and lower classes?
That statement seems counter-intuitive to me. Why? WalMart avoids hiring full time hourly employees so they don't have to provide benefits to them. They also pay their hourly employees so little that they cannot rise above the poverty line, which qualifies them for food stamps. WalMart also requires local and state tax incentives just to open up shop, which in turn destroys the local economy by pushing out small business competitors. The only people who benefit from WalMart is WalMart executives and shareholders.
I guess I should not be surprised that the author of trickle down economics would say such a thing.
Real question is what is lower class prosperity?
Walmart is a monopoly
@@Rythmandviews lower class prosperity?
Drugs, sex, PlayStation, bars, movie nights.
This is why we need education reform. This is frightening to see this.
Further educated for what? Machines have and are replacing jobs. This will only increase as time goes by.
ever heard of fear mongering?
@@colbykillian5551 Yes, we all have, thanks to governments. They are constantly delving it out. I think it's become their main purpose.
Spot on!
@@firemanbob96 Very simple. All easy and low education jobs can and will be replaced by machines. Jobs that need experts will stay for a while.
"We could support ourselves without depending on other countries", whelp, any country with this thought in mind usually don't end up doing too well economically...
Look at where we are now with this pandemic.
especially China
That’s true. However the US is the best country in the world. So we would fair fine that’s how this country was built.
Hoaxyy bye bye iphones or phones in general
@@krabes8613 America was "built" by being the largest industrial nation who's infrastructure wasn't destroyed in WW2.
For 50 years the US alone had all the industrial advantages, but now the world is changing, and the simple old beliefs about Americas natural "greatestness" are more hindrance than help.
So says the people that are benefiting from cheap labor and low environmental standards.
cuz china communist party doesn't give a crap about chinese ppl. funny how chinese ppl still support their government.
its not like US is forcing china to lower its salary or environmental standards
@@jack12345678936 You have no idea how China brainwash their people.
How china brainwash their people? They just do what we’re doing. Chinese first that’s all
@@bebek5703 Chinese first or the party first?
@@bebek5703 watch the ADVChina youtube channel. there are a few videos that describe very well the brainwashing going on in china
The trade war impacted where I lived back in Texas where a South Korean electronics manufacturer was going to open in my hometown. However, due to the rise in costs of aluminum and cobalt as part of Trump's tariffs and trade policies, they chose to leave the lot and moved NA operations to somewhere in Canada. In their place was an Amazon warehouse which offered slightly more jobs but with vastly reduced wages... and then the pandemic hit and now it's just a lot covered in concrete as Amazon has pretty much canned to project. Meanwhile, the small businesses located in downtown had been slowly foreclosing but there were at least others able to take their place, when the pandemic hit about 1/2 of them have begun layoffs and foreclosing thanks to Trump's PPP being taken in by big businesses. From what my friends have told me, it's worse than it was in 2008 down there.
I don't know why anyone in the right mind would vote for Trump before, I don't see why anyone with a mind at all should vote for him again.
I have a part time job at a liquor store. One of the biggest reason for shortages we are given is the shortage of aluminum.
That is the price we Americans have to pay in order to secure our national interests.
Globalization is ridiculous since the beginning, when you’re producing products in a dozen different countries and having them shipped all around! One minor political action (civil war, corruption, etc.) and you’re forced to scramble to get your products “out in time.”
Quite frankly, we’d much rather pay higher wages and benefits to a fellow American, than exploit a South Asian or Chinese or Mexican child labourer!
The pain staking, incrementally built up manufacturing, and techno-industrial wealth in America is for Heritage Americans to enjoy! America only needs to import natural resources (I.e.: minerals) and thats all.
I do agree. The primary problem I see is over-reliance in a foreign market and a pathetic excuse to not pay higher wages to workers at home. Other than that of course there are the security risks with commie China. However cheaper costs is an enticing retort and other countries may be much better at making many goods which is a basic capitalist reality. I am protectionist myself but if the world was fairer and safer I would be more free-trade minded (I support it with other democracies.).
It's actually not that tariffs can't work to boost an economy. South-Korea and Japan both use tariffs to great effect.
However this only works if you have a carefully curated plan of what you do and don't put tariffs on and you need other kinds of taxes to keep industry where you want it, it's a complicated thing. You want to create a focused industry in your own country and create a trading alliance with others that can compensate for your weaknesses. You also want to be clear and consistent with it so that companies know what to expect.
Trump is just throwing around tariffs to prove he is a strongman.
@@johnnotrealname8168 Okay, fine with me. You can suffer the consequences later on when a bunch of countries decide to economically "strangle you" and you yourself will will be forced to watch your child, parent, or best friend die from illness because all our products are made somewhere else.
Loved the part where they showed how many places produce parts in an iPhone.
yeah that was cool. it totally supported trumps forcing apple to bring manufacturing to the usa. to hell with china
@@RichBuddy Exactly. Please see this video to understand what is at stake ua-cam.com/video/oSjlGNaWPbc/v-deo.html. You are welcome.
the reason why they source is out in so many places is the price and markup they have, technically it makes 300$ to make iphone with all expenses and shipping, the rest is profit, so if it was all made in US or give it 80% made in US (i understand some parts are impossible to make here) it would probably increase the price by another 100$, and no they wont go for that, thats a spit into america's face
@@petrocelly well I will pay 600$ rather 700$ for an iPhone any day regardless if its USA made. Becusee 100$ is alot for your average person. This is just one product too. Imagin if most foreign made stuff was raised by 20-30 percent like you just suggested. That would hurt our wallets to the point of depression.
@@petrocelly profit margin on iphone is usually 35-40%. I don't know where you got those numbers, but clearly not from their 10-K.
so now in 2020 with Covid-19 adding its tariffs, where are the people who called that "man" a genius?
Random German guy here : Trump didnt bring u guys Covid. it was China i guess .
+ U guys always lame Trump for everything. But dont u have guvenors who act independently ?
Like each state did a different think. Why blame it on trump , blame it on the goveneurs lol
Erik Köster random French guy here, he’s the leader of the country so his people’s safety is his responsibility when it comes to a threat such as a pandemic. He also withheld ventilators and other medical equipment from blue states and prioritized red states which is what he was called out for by one of his own biggest supporters and rather than trying to unite his country which is what a leader should do he is trying his best to divide it...
Erik Köster actually, evidence suggests it was europeans & americans traveling to and from europe that caused the initial spread. trump was advised of this. he ignored it and called covid itself hoax - until he was able to ban travel from china without comprehending the situation had already escalated to pandemic status, i.e. had spread beyond china and blocking trade/travel would do little to prevent spread. like you can see from this video, trump supporters do everything he says and believes in him completely; including his denial of heath precaution efficiency. he has silenced his own administrations doctors and continues to lie about the state of our nation, denying deaths and refusing to support those harmed directly by the pandemic & it’s economic effects. he is responsible for tens of thousands of avoidable deaths. he deliberately extorts individual states from acting independently and when they CAN get things done around his gerrymandering, they get punished. here’s an example of a lie and punitive action straight from trump: teachers and community leaders DO NOT WANT TO OPEN SCHOOLS. they are scared, for themselves and the students/their families. as a response, trump says he will cut all funding to schools if they don’t open. some schools STILL push back, he lies and gaslights by saying children are “almost immune” which isn’t true - they can still spread to teachers and families anyway. schools across georgia shut down today on their first day of school due to significant evidence of explosive spread. not to mention many governors act under trump for money and power, not representative of their people whatsoever. i get what you’re saying - but if you take a closer look, trump really is the key person running the show and a common thread upon all of our grievances. not to mention, when the people protest - they release secret police by trumps direction.
Erik Köster you can’t even spell and you are defending trump. Classic Magatard
@@sockrust_ I makemake small mistakes because im German. and no im no Classic "Magatard" :) like 70% Germans hate America.
I Love it and i care even though im no American.
I Just hate seeing Countrys being thrown away by dilousional Sjw.
Me and Amazon has a huge trade deficit too, Amazon must be stealing my money
fair trade lol
Technically it is.. since they don’t pay the taxes and u actually pay them for the goods they sell
Justin Last they do not pay federal taxes... there is loopholes.. which they took to their advantage. We need to make amazon pay those taxes
lol Hanson I almost fell outta my chair
@Hanson - Terribly inaccurate analogy.
Honestly any Reagan-era economist that was in his administration should not be hired by future presidencies. His policies and those that expanded on them have wrecked America from the inside out.
how exactly?
@@Skankhunt-mv4vd his policies were what destroyed the economy to begin with because he didn't really know what he was doing as president when it came to taxes. Every person that has expanded on his ideas since is equally responsible for the economic collapses that have occurred since his tax cuts for the rich started.
What Laffer said was stupid.
OMG I was thinking the same thing. Why would they ask a man, whos policies were the worst in history, his opinion on anything?
@@truthgiant7801 I agree. Trickle down does not work! It killed the majority of the middle class
I thought Trump said he will let the Mexican pay for the wall, now trump is fighting with Democrats over the wall budget issue.
Fulfil your promise! Trump
Show me one clip in which he said they were going to write a check or pay directly lmfao doesn't exist... Nether does your argument...
What I understand is trump was gonna take money that are government gives Mexico for aid like we do with lot of other. Country's
@@tashgodoffools You serious? Nah you're not serious... This has to be bait, no one is that dim.
Christian Traverse We all knew President Cheeto wouldn’t fulfill his promise that Mexico would pay for the wall 😂 why would they pay for something that doesn’t affect them? 😂 I would have no problem with a “wall” if Mexico really did pay for it but obviously that isn’t going to happen so instead of using tax money to put something up we should use that money for more social services for immigrants.
Trump isn't a politician so he's not as slick when he speaks. But what has said he was gonna do he has or is gonna do, like him or not.
"with no china thered be no Walmart and without Walmart thered be no middle class" what a complete load of bs im 32 and still remember when there was no walmarts we got along just fine, there was actually more small businesses in my city back then everything from coffee shops to stamp stores lmao
Kroger’s
“Youth is a disease that is usually cured by time” young man your argument is as short as your age, you can “ lyfao” ‘cause its usually what short minded people do when the do not comprehend a situation.
Walmart has destroyed so many businesses and livelihoods, it is convenient but to the cost of so many many people. the worst part is that they do not give their employees health insurance and try to keep them at part time as much as possible to avoid more overhead. Walmart should be sanctioned.
@Jack Hainings yep, Walmart, the Waltons and top brass reap millions-billions while employees make nothing. But same applies to almost all of America where the pay disparity between CEO/Corporate Brass has risen ridiculously high the past several decades.
Even salaried department managers @ Wally World only make something like $60k and because they're salaried are often working 50-60 hours each week. Then you have your average worker who, like you said, are living on Government assistance.... Unfortunately greed has consumed corporate America. Corporations who are large enough and can afford to should be paying their employees better and lowering the disparity between CEO and Low-Middle Class worker. But that will never happen across the board.
SCUBA Steve
Yeah, Walmart destroyed the middle class; not built it.
"Without Walmart there is no middle class or lower class..." What a load of tripe. Walmart pays middle class wages for probably 4 people at each store, the rest get poverty level wages and many are on public assistance while working at Walmart. I've always thought Laffer was a loon but, that comment just proves it. He is talking like there is no economy outside of Walmart, and that is not the case at all. Walmart took on the job of being China's distributor for China - and helped to get factories moved from the US to China. Walmart is most certainly no hero in the story of American economics.
he is not implying that walmart supports the middle / lower class, he is saying that walmart gives the majority of americans access to what used to be luxury items for a fraction of the cost.... allowing them to live a better quality of life with less money
China took your industries and gave you Walmart. Lesson here is that America was so busy becoming a disposable consumer thinking cheap was good it lost the real understanding to take valve in what you own. Just because the Jones down the road could afford it doesn't mean the next guy could. Look at the mess America is acting like headless chickens. Have pride in yourself and others. President Trump may or may not fix your country but trust me he is all you have otherwise get use to Walmart. All the best for you and your country from New Zealand.
Trump is right and MSM/DEMOCRATS will do and say anything to get their hands on our tax dollars again.
@@tomyboyle5302 What is hard to take in so many Americans are against Trump voters. Take a look on this a lone commenting on the Aluminium workers saying how dumb they are but what they are. What their failing to understand is why they voted for Trump without any knowledge on politics, answer clearly they are looking for change. Something promised by Obarma. I feel for those people for this to get better it will surely become unstable for many a long the way with a lot that already rely on Chinese products for the home. Very catch twenty two but President Trump is about putting money back in their pockets i just hope people join together and stop unnecessary remarks to anyone that falls on hard times. At the moment those with money don't care and are literally turning there backs on fellow Americans because they can afford to. To make America great again this attitude needs to stop something i feel Americans have lost that's respect for there fellow country man.
@@farmdog8285 most of the negative comments are from paid trolls, I know a lot of people and 95 % see Trump for the hero he is. Always believe what you see not what polls from CNN/MSM is telling you.
bringing back Apple, making them in US, and not in China.
OMG, I lost it. that was hilarious.
Prices will hike high
Get ready for the next iPhone starting at $25,999.99
you dummies realize they did make the Iphone here but moved over shores to cut taxes and benefits to workers. the phones could easily be made here if the liberal government didnt tax the hell out of companies to give to anyone with their hand out. and im a registered democrat in NEW YORK. open your eyes people. the liberals policies are not good for us. you can hate trump but grow up. make an informed decision.
@J Scotland wow thank you. a real person instead of weirdo that is still mad they lost an election 3 years ago.
Apple was coming back because no one in China buys Apple 😉
“Without Walmart there is no middle class or lower class prosperity in America.” Ok you lost me there.
Na, with out a large company like that there would be no way for products to be sold at such a low price for people in lower class. How it ties into all this is what I'm not sure about. But that could also be because I've been up for almost 34 hours. Feelsbadman
Walmart has killed many small businesses with its cheap crappy products and generated lots of low paying jobs. People wondered where all the nice little stores on mainstreet went. Now they buy online and and more businesses disappear. Brave new world.
I well remember the time before the Walmarts,Costcos,and Amazon.We had better service, better products and much more money to spend.
Walmart has ruined more lives then heroine.
walmarts came in sell low , chased all others stores away , or should say they bellied under , after they chased them all out they raised their prices , at least they did here, now they buy crap from asian countries and now american women can not just go in and buy their size without trying them on , seriously gone to hell in a hand bag
"I am an intelligent man
BUT
I value my salary more than my country..."
And that’s what these guys don’t understand AUTOMATION it’s like a foreign word to them cause they thinks it’s the foreigners 😭
Stop spreading this AUTOMATION myth. People been saying through out history. Also you people don't understand how expensive automation is that fact that the more complicated something is the more problems there'd be especially being maintained. Airplanes have had autopilot for decades now being able to land by itself yet airplanes still have pilots because no matter how much you program these systems something will always go wrong. Self Driving cars will never be fully automated because there's just too many variables to account for that you'd need a super computer while a human is able to act quickly. Plus these automated robots would need to specially made to manufacture certain products so they'd have limitations to what each on could do. When I was working at Mcdonalds we had those Kiosk and mangement was telling use to not stand or use the cashier except for getting change and customers were getting so pissed off because it took longer to make a simple order on a kiosk than to tell the cashier exactly what they wanted plus they'd always be down and if someone was paying with cash then they'd have to be in line anyways to pay for their meal so it was stupid to them. We kept telling management but they didn't care because the owner spent alot of money on those things and wanted them to be put in use. It wasn't until we started losing customers even our regualors to the other mcdonalds a mile away that mangement started to ease up. Plus even walmart and other stores are getting rid of their self checkout BS because customers feel like they're doing the cashiers job
The Great One of you think it’s a myth you need to look deeper Amazon is shutting down stores it’s not in direct competition with and they are automating you sir need to go under the water and look at the rest of your he iceberg smh🤦🏻♂️
These guys aren't stupid. They understand their business better than you. They might not have an understanding of things as a whole but they certainly understand why they get negatively affected. Both automation and trade can hurt specific groups and they both have. They both benefit the majority though, so we should broadly be in favor of them.
We can adapt to new technologies with freely available training and convenient mobility, but it's ultimately a losing game as automation already has far superior mobility (i.e. the internet) and becomes increasingly competitive on training itself (i.e. AI machine learning).
@@doujinflip Ultimately? When is that? A 1000 years from now? 2000 years from now?
i am old enough to remember life before walmart... and in my opinion it was much better...
Agree, I remember that too, life was better then.
Right? They said if we get rid of it there goes our middle class? I'm middle class and I don't step foot in a walmart unless I reallly need something. Besides weren't people complaining that walmart was killing small business just a few years back? Did we really have a weak middle class before walmart?
Exactly get ride of middle class and you guys go back to poorer than now, the way it was in the 1960 and before
I hate Walmart
True, Company's like Walmart produce so much garbage.
"I don't know if I believe me either" ...this is one of the guys in charge
...wtf...
But that's how u win no one knows the next move . Blind chess
He was expressing humility by acknowledging that his opinions on the subject were only opinions.
He's an expert telling you that things aren't black and white, and that he isn't 'the arbiter of all knowledge', or some sh*t.
I feel like it was a humanizing disclaimer, even though I think I might disagree with him. Comments like that could offer him a small buffer from criticism on the off chance trump's team of lawyers and economists turn out to be more correct than him in the long run.
@@itwassaid2958 He literally said trump doesn't or might not mean what he says literally, but more for PR, at least he implied it.
I agree. It's unlikely that he means what he says in every case. He talked about it in his book.
Saltier - a person who has opinions isn't necessarily an expert. Every arsehole has an opinion. An opinionated arsehat shouldn't be handed a position of responsibility forming international policy and trade deals just because he can waffle on about his opinion. An expert is someone who has studied all the data (or very nearly all), who has an understanding of where the areas of uncertainty lie, why, and to what degree, and can then relay all that knowledge with the confidence they know what they're talking about. Someone who expresses that they don't know if they believe themselves is clearly *not* an expert. They're an arsehat with an opinion.
tripple-d - Saying Frump says things only for effect, ie 'PR', not because it's any way true or honest, does not by any stretch make his inhabitance of the POTUS position any more palatable. Nor does it give the parties he's negotiating international deals with any confidence that he's an honest dealer. Having such a dishonest person in the POTUS office demeans the USA as a whole. 'Truthful hyperbole' is not truth. It's true-seeming bullshit. I.e. bullshit.
The only way to move forward is for all nations to adopt strong sustainability principles.
The root of all US's problem is that it used to be an empire of production, it is now an empire of consumption. As such huge trade deficit is UNAVOIDABLE no matter what you do even with zero tariff on both sides!
we are still an empire of production, the problem is, we produce manufactured goods, the exact opposite of what these tariffs help, we are helping steel mills and aluminum foundries when we really should be supporting smartphone manufacturies, plane production, and Computer parts makers. These tariffs directly hurt the people producing goods the actual average household uses.
One example I have is the stainless steel plant that produced liquid tanks, dairy, and beer producing equipment has laid off many many people due to the vast increase in stainless prices and had to raise the prices of their equipment they sell, this, in turn, raised the prices of milk, beer, and even water in my state as they had a hand in the production of all of that.
What American empire, please?
agentbarron nope America consumed, and will not work for the hourly rate that those manufacturers are paying in China and that’s why they not in the USA
The best way to decrease the trade deficit is somehow convince other countries to increase their minimum wages and have equal taxes... somehow lol
That would require a real whole world united government, the U.N. Is a joke with little power.
Perhaps you didn't pay attention to the video to be quoting such cliched nonsense. There is more manufacturing in the US than there has ever been. As Laura Tyson said the US has twice the output of 1984 in manufacturing with one third of the workers.
You know the really sad part is that most of those dinosaur factory jobs we just saw early in the video will be killed off yet again.
@agricola , go visit an abatoir
Many People can't and Shouldn't work in an Office.. That doen't make them dumb, but, They all need Jobs..
I'd like to watch an Office worker wire your home.. Or fix your drippy faucet.. LOL, that would be fun..
@@THOMASTHESAILOR I'd like to see a nail packager do it.
Yeah downturns like this will make businesses look further to automation
Yeah, those dinosaur jobs will forever support any nation. Yeah, sweetie, how are they going to "disappear" by taxing the hell out out the business owners, enacting carbon taxes, and forcing the company to move to India, China, or Brazil. Yeah, dinosaur jobs created your phone. You do know that lithium and nickel is being mined in the Congo destroying it as a byproduct. So you can enjoy your battery phone life, and your electric prius.
It amazes me when the guy said "the owners of this company is very wealthy "and yet immediately when the orders stopped coming in, everyone was fired. Waiting for the orders to come back in and they will be re-hired. What crap is this? In Asia, we will stick with our employees and the owners will put in their own money to pay for the wages while stock piling excessive production and wait for the conditions to improve. Firing staffs is our last ditch effort, but it seems it's justifiably so in USA.
Bobby Ang I wish it was that way over employers don’t care about there employees here and people worry they could be homeless in a moments notice. People care more about the individual here and not the overall group. Just happened with my boyfriends company CEO called everyone into a conference center and said all of you are being fired and but I’ll be fine. No look on his face, like a robot. And then he just left the room. So cold 🥶
white people only care about themselves, they even put their own parents in old age homes
Well yes Bobby, unlike the US, China is well practiced in dumping products around the globe. Perhaps the People's Republic gives your little factory a subsidy to overcome this problem because we can't have unemployed people walking around in the great, glorious workers people's paradise, can we?
Yes, in some cases we expect people to go do work that is valuable somewhere else rather than sitting around making worthless crap. Our flexibility is one of our greatest strengths. Given that we have the lowest unemployment we have had in decades, the number of jobs available is huge. Some will have to move or change jobs to find them.
The scariest words I've ever heard: "I believe Trump!"
The most honest words you'll hear is that "you're a lost cause"
@@saveyourself8798 😂
😟😵🥴🤢🤕🤮🤯
It’ll be poetic justice when everything at Walmart triples in price.
so true... these people don't understand basic economics.
When can we anticipate this?
Just be nice if there were no collateral damage. I'd rather random poor people who didn't vote for him not suffer. Even wishing suffering on Trump supporters is stupid really, worse conditions will just make them more angry and irrational, and prone to more simple 'solutions' to complex problems.
Rusty Shackleford I’m not wishing suffering on anybody. I’m merely observing a consequence to a trade war that is supposed to benefit the middle class.
Trump is only applying his well known business skills as president and it's not like he went bankrupt 3 times or anything.
success is overcoming failure. vs Bernie, who never overcame anything.
I think that a lot is lost in simplistic statements like this. Its important to remember that while Trump Casinos were going bankrupt, other casinos were booming. Trump Casino investors lost everything, while "Over the same period, investors in competitor Harrah’s Entertainment more than doubled their money. Investors in luxury hotel, casino and resort companies like Starwood and MGM earned returns of more than 400%. Even the plain old stock market index more than doubled." Its important to understand just how bad trump is at managing a business.
@@donf261 True. As soon as he got ownership of a casino, instead of making money out of it and using profits to perhaps renew them and upgrade them... he kept them inoperative and invested large amounts for renewal. And as is typical for him, he never learned the business, the market. And he played and robbed the companies that did the renovations, not paying them with a different excuse every time and then forwarded his teamo lawyers to do his dirty work. I know a man, who invested his life in his business, made a great company till he started working for trump hotels and casinos. Never got paid and after all the legal battles finally went bankrupt. He managed to live with his loss but couldn't live with himself because of all of his employee who lost their pensions, livelihood... In the end, he took his own life. That's the trump brand in short. His slogan should be - Using and abusing people, no matter what it takes. He is a pathetic human being. He is no business man. However people who bought in to all of his branding deception, and fell for his stupid lies, are now his blind followers.
@@mediamattersismycockholste562 no it isn't. Success is about not failing when you inherit stupendous wealth. Aka success is about SUCCEEDING IN THE FIRST PLACE.
let sell nuclear materials to russia too
5 minutes of people who like the tariffs
20 minutes of people who don't
Krista Handel - we all have self interest, even you sparky. Life isn’t fair, grow up.
@@DredPirateRoberts this is a very random comment and I have no idea how it relates to my previous comment. sorry Fido.
History is the same way. For every 5 times protectionism worked, there are 20 examples of it being disastrous.
tru dat
Biased Vice.
I wonder if these people feel the same way now especially since all the tariffs are costing us the consumer. And once again they aren't working.
now prices are going up up up up up up up up up regardless cuz of THE ... MEDIA HYPE that ppl fell for ... NEWS FLASH... PPL DIE EVERY YEAR/day of THE FLU, car wrecks/truck wrecks, accidents in house. on job, asleep in their beds, mowing the lawn/shovelling snow, slip and fall on ice, in bathroom, kitchens, on sidewalks....
So the jobs we lost in this country are mostly due to automation. Ok, Explain to me why we don't make washers, dryers, microwaves, car headlights, (as well as almost every other part to the cars), as well as almost every other manufactured item. In this country any longer? If you don't believe me. Go look at your cars headlight, taillights and other parts and read where it was made. Maytag, Westinghouse, GE, Kenmore and the rest. Have their products made in China and shipped her to be sold as American products. The only jobs these places offer are in warehouses. Where their product is shipped, then sent to department store distribution centers. All the manufacturing went overseas because the labor cost and tariffs were so low. That even with the shipping of the products back to the US. It was cheaper to the companies that having them made here in the US. Cheaper in the way of profit. Mainly to keep their investors happy with the gains they make, on their investments. With such low, or no tariffs. Companies like these were home free. Any economist that is not being back (paid) by big business knows this. Big business wants to keep their cost down and not move the manufacturing back to the US. Oh, and anybody with half a brain can research this on their own.
The problem is that there are no Americans willing to sit in a factory for minimum wage and make car parts all day long for $10/hr. Who the hell can even live off those kind of wages or even support a family? Watch the outrage and hysteria when an iPhone suddenly costs $5000 because it's 'Made in the USA'. Here's my message: learn a marketable skill and make yourself administration proof.
I was laid off from GM back in 1982. And as you know the plants here in Michigan and other states have taken a beating. As I was laid off, a company named Honda was building auto plants in America. I flipped my lid. So many shops have shut down since, related to auto industry. It's gotten bad in many other industries everywhere. My grandson got his 4 year degree last year and he couldn't get hired making over $10 hr. Unfortunately, and I can appreciate people being patriotic, he joined the army and is getting out of boot camp next month. He joined for the same reason I joined so many decades ago. The money and hopefully a better chance to get a good job after serving. It didn't work for me and I went to college and that didn't help me out either. I hope He has better luck than I had. I'm retired now and trying to live on my soc sec ben of $ 850. a mo. America is not what I thought it would be as I was growing up. I am so disappointed in what has happened.
you're absolutely right about the automotive and most businesses there is nothing american-made it is American assembled if that
All that work was outsourced when Bush Sr and Reagan were in office and slowly the manufacturing was outsourced to save corporations more money due to low wages and not having to pay benefits.
It's true. It happened over decades starting in the 80s and especially the 90s. Most policy has been aimed at making sure those who are wealthy maintain the advantages, at the expense of those who used to form the manufacturing base.. But a trade war with China, EU, Canada and Mexico all at once certainly won't fix that, and if continued will probably make things worse.
Art laffer right before the 2008 crash "the economy is fine!"
Say what you want, he seems honest, he said what he believed and what he didn't know and that things can go either way. Actually, now that I think of it... he's pretty useless.
The belief that the economy is good now is bullshit.
Laffer, Navarro and Kudlow, the trio of dolts. Bad advice being given to an idiot who mostly doesn't even understand the questions. No wonder drumpf sat on his hands his first year because he was overwhelmed. Second year, he knows even more than the dolts about world effecting economic policy. We're headed for serious problems. After all, who shuts down the United States Government for a wall the experts say we don't need, won't work and is ridiculously expensive? Don the Con Drumpf. Idiot!!!!
@@dingdingdingdiiiiinghe said he didn't even know if he believed what he believed.
@@dingdingdingdiiiiing : See, the problem with that is he's got an education and a career pedigree where he SHOULD NOT be talking that way. I mean, yeah, it's sort of refreshing that he's so honest that he doesn't really know what the F is going to happen but when you're an economist that various high level civic leaders have leaned on for advice, you can't really get away with the ¯\_(ツ)_/¯ . I mean, think about it. You and I can get away with this (unless you're a famous economist, in which case, my apologies) but he shouldn't really put that out there. It's a bad look and it smacks, along with his other words of being a sycophant for Trump.
So Trump learned some things from Kim Jong.
1. Protect local products.
2. Introduce tariffs.
3. Discredit the media.
4. Make elites richer, everyone else poorer
5. Build up the military
6. Empower the police
7. Perfectly happy Communist state.
Mainstream media is overwhelmingly biased and North Korea isn't a communist state it's the NK version of communism and the reason for not heavily taxing the rich is because they provide the money for social programs.
Actually under Trump the wealth gap decreased. So your wrong! I don't see any problem with most of your list
"I feel very comfortable with Donald Trump's rhetoric and with what he's done so far. Now, Can you get me to agree a year from now, after he's caused the great depression? Yes, you could get me to be opposed to it, but i just don't see that in him" Jan 14, 2019
Mans didn't even know he was a time traveler
🤣
i didnt realize trump caused covid. why would he develop such a disastrous virus?
This video did nothing for me sexually
OG Cookie Monster yea thought hookers would be legel then I can I get balls licked more often instead when she wants to do it. Unlimited balls sucking !!
Ghhh Bbbn it's level if you film it cause then it's considered porn. Js
🤣🤣😂
I'm rating this at a quarter chub...a half of a half of chub...
Yeah all these middle aged white guys just aren’t turning my crank.
Vice News is so well produced. From the hosts, to the editing to the topics, Vice Reminds me of BBC Documentaries in Europe. Well done Vice !!
"It's above our pay grade to worry whether a measure affects other industries" - It is not above the paygrade of the president and congress. And you will be affected by other industries. You might have a trillion dollar bonus for saving your industry, but if everything else goes to shit as a result (the economy, other industries, agriculture, the environment, etc), what the heck are you going to spend that useless "toilet paper" money on ? Win at all costs, even if you're going to lose 5 minutes later as a direct result of your own strategy for "winning" ? This isn't even short-sightedness anymore, having horse blinders on isn't quite enough to describe it, it's sawing the branch you're standing on. :(
People like that don't give a shit about anybody outside their industry (including other Americans), even if in the long run that means the whole economy goes to shit. All that CEO cares about is growing his stocks and that means keeping his aluminum factory afloat at all costs.
People only care about themselves in the immediacy. Especially people who are limited.
@@DWilliam1 I think you might not get what the whole voting thing we do is about. It doesn't matter if each individual in our country is short sighted. When the next vote at the polls comes up they will vote for their own interest again and that is fine because if too many people get screwed over by Trumps policies he won't win again. However, if enough people benefit from them he will win again. That's the benefit of having open elections.
Though, none of these things actually hits at the heart of the matter.
ua-cam.com/video/BsqGITb0W4A/v-deo.html
Translation - we're rich again and don't care if anyone else is affected unless it messes with our bottom line
@@wingman358that's kind of funny because people in industries where china is manipulating trade would think the same thing about you, that because the last 20 years of pain hasn't effected you, you only care now that it suddenly does.
It is so ridiculous: Trump imposes tarifs on imports. Well this may reduce some of these imports, but who at the end is paying the higher prices? The american customer !
Economics by the creator of Trump University
The price May Go up a tiny bit, but the production is happening In America, which boost the American home marked. You clearly dont understand World trade and How it works.
@@notimportent3877 Yeah & that's why Trump buys everything [95%] to outfit his Hotels & Golf Courses from China...Fukin wake up you don't understand how PRICE matters
@@Frenzy2409 I understand how it works buddy. Companies will always try and buy the cheapest because that what makes the most sense for them. If they buy cheaper their profits will increase. If the goverment puts tarifs on the country which undercuts the home market, your resouces will be bought instead. An example. Steel has been outsorced from china for a long time because its cheaper. Now its no longer cheaper so the companies in America will buy american made steel instead (because its cheaper) That steel will ofc make your prices go up in your country, but it will increase the circulation of cash flow in the United states, which will mean that the home market will benefit from it instead of chinas. Rule 101 in world trade is that countries should strife at having a higher export then import. If the import is higher then the export the country will go into a minus in balance. That in itself is not good for your country. There is multiple economic theories, which support this. Since the United States has a massive deficit on the trade balance between china and themself, these tarifs makes sense to support.
@@Frenzy2409 Also you have to look at why this trade war started. Chinas goverment invest heavily into their steel production, which makes them able to undercut america. This acually goes against, the WTO partnership which China has signed. Therefore what china is doing fucks over the other 135 countries which follow the rules, because their goverments are not allowed to invest in companies to have a competive advantage over other nations. This is the whole reason that the trade war started. Its China breaking the pact which they have signed, to have an advantage on others.
The pen, when wielded by a fool, is mightier than the sword.
Not mightier but definitely more dangerous
Always mightier
The pen gives the word to swords sending them to war
the pen writes a check its owners ass cant cash
And nothing makes that clearer more than the leftist mass media.
It was called Motorola they produced all the cell phones in the 80s and 90s before we shipped it all over there to China
My mom worked for Motorola for 18 years and there was cutting edge technology
There are no motorola phones made in China. Wake up man to the new reality.
U know Lenovo owns Motorola now.
Motorola has been around for a very long time. Well before cell phones. Where are they now? Their phones suck. But sure, blame China. Who sent the jobs to China? Globalists. Trump is a globalist he doesn't care about you or me. He laughs at his supporters. Rightly so.
How about the natural resources they needed to make the parts of the phone? Was that made in Motorola?
I heard about a plant hiring in China. Quit complaining about loosing you job and go where the jobs are.
Or, you know, I heard there is an aluminum plant hiring in the same district that has already hired 600+ people. I bet some of them could be the 70 who got fired from the nail plant that was buying steel from china.
There's this thing called grammar, something you might want to look into and research...
Master of bankrupt in the WH
I also want to know how many of these guys relied on social programs for the 2 years they were unemployed, you know kinda like the farmers who accepted subsidies over his tariffs. But they hate socialism
They got unemployment that they paid into.Go back to venezuela,we are American workers that build and maintain America.
Oskar Dirlewanger typical, you go right to insults when you can’t make an intelligent argument. Unemployment is a socialist program, as well as Medicare, Medicare, and Social Security.
@@oskardirlewanger6126 Is Venezuela the only country you know that has socialism or are you actively ignoring the countries that have working social democracy's like Sweden, Norway, Finland, Denmark, Germany, Italy, France and many more.
And the fact that you argue that things like Social Security, Medicare and Medicade aren't socialist programs just show that you don't actually know what socialism is.
@@FaintAcrobat I know that you are confused about socialism.I have been in 70 different countries and every one that you mention,your view about these countries proves beyond a shadow of a doubt you didnt do your homework son.Cuba,north korea,china and Venezuela are the 4 truely socialist countries on earth and Vietnam doesnt even qualify,been there done that.
@@FaintAcrobat Social programs doesnt qualify a country as a socialist state,big difference.
What you have to ask is how mutch subsidies are given to farmers and you will hear Crickets from the farmers
trump doesn't care about your farmers, trump is a CHEAT and no more ask AMERICAN FARMERS, STEEL WORKERS, COAL MINERS these are the ppl that prez trump promised (steel is coming back to usa?, trump digs coal?, farmers have to many crops which die in the fields bcuz trump will not allow usa farmers to sell to CHINA as we did for over 60yrs or more so farmers go BANKRUPT just like trump did, but no RUSSIAN BANKERS to help farmers like RUSSIAN BANKS did for trumpeter!)
@ James Smith you are obviously a clown he had to bail them out or there would be no farms... Soy farmers lost tons of money from the pissing match he wants to have. Farmers and truckers have been complaining. Where are you stuck in a hole?
@@burnellbrowne4303 Farming died back in the early 1900's when you didn't need to farm to live anymore. It produced an over abundance of farmers trying to sell to food suppliers. Well there's only so many mouths to feed in this world. Once you have too many farmers producing too much product, they're just wasting money growing and not all the farmers will be able to sell their product. Just look at what's happening to marijuana these days. There used to be plenty of money in it when there was hardly any growers, now everyone is growing marijuana and it's worth nothing so you can't even make a living off of it anymore.
If farmers are waiting on me to buy their product they'll be broke cause I grow my own vegetables, meat and use non-ethanol fuel. Hell, farmers lose money on corn for ethanol and the government pays them to grow it to keep them in a job. Government just needs to quit blending ethanol in fuel and use straight petroleum. Forcing small corn farmers out of business or join with other farms to build bigger farms with less overhead. Make them farmers work for bigger farms and it'll produce more money for farmers. If half the farmers went away, farmers would get rich again. It just all boils down to there's an over abundance of farms and farmers
@Kristie C are you serious?
@@prohen3049 What? Your lost comparing farms to marijuana... lmao
Huawei got blacklist so price of coca cola will increase ..my brain hurts
LOL !!!
That was the most ignorant comment I've read all day !!!
@@patrickrobinson317 You probably just didn´t get it...
@@smallfishproduction3163 - Yeah, it's a joke. I get it.
But it's still an ignorant comment, none-the-less.
China has had Tariffs in place LONG before Trump ever took office.
Those tariffs are on EVERY country and they affect EVERY ONE in a negative way.
Trump's ultimate goal is to STOP Chinese tariffs all together, which in turn will HELP you and the knucklehead who made the juvenile joke above.
I repeat: China has had Tariffs in place LONG before Trump ever took office.
To say Trump "started" a Trade War reveals one's ignorance.
@@patrickrobinson317 Okay smart fella. Show me where you got this information.
No. Fox News doesnt count.
@Croakyguy the world doesn't know i even exist /r woosh
Rick Wilson was right 'Everything Trump Touches Dies' a very funny and informative read.
@mysteryman2024 any particular reason or are you just trying to "trigger the libs"?
Prying open My third eye yup, and this mysteryman probably lives in his mother’s basement
Oh and the 16 yrs if the Clintons and Obama’s financially ruined this country to over $33 trillion! My solution for me is I’m buying all the ammo I can! Lock and load!
@mysteryman2024 Please, no one wants to be like you. Hell you're not even a mystery.
There isn't Middle Class prosperity with Wal-Mart. This guy is a weirdo! The Middle Class has dwindled so low that the Upper Poor Class is the new Middle Class.
When China came on strong with their industry, it was just a question of time until our economy adjusted with a lower standard of living. They have a Billon more people than the US, and much lower wages, and almost free reign to do business and industry without government interference, in fact, their government helps them.
If you thought Iphones were expensive, they are about to become a privilege with this mentality. 😂😂😂
Angel Pendragon 😂nervously
they were always a privilege. You do no have the "right" to have an iphone.
@michael mcpeek No. one of the sub-contractors did, not Apple. Check yourself before you wreck yourself you uneducated cretin. I bet you are one of these manual labour peasants aren't you?
who cares about iphones they are garbage, break when u drop it once.
@@coreywilliams1454 they make apple iphones, reguardless of who the net was subcontracted by. Apple is responsible for the well being of the people making their products.
Yeah because trickle down economics has really worked for regular Americans workers right???
if you dont like trickle down economics why do you suppport free trade?
@@mizutofu trickle down economics premise is if you give the wealthy tax break,they will pass the saving down to the workers .
@@rtelles1127 no it's not, its premise is the rich will spend more, their spending will go to workers
The LAST person I'd be interested in hearing about how to build the economy, or tariffs, or anything else is the person who invented the concept of Trickle Down Economics. One of the worst domestic economic plans to ever grace the earth. One of the biggest reasons for the HUGE wealth gap the US has now. Tax Cuts for the rich, keep workers wages low, while the cost of living skyrockets. The end result being that just a few percent of the country owns more wealth than the vast majority put together.
Trust me. That end result will come to be when you reelect that fruit that calls himself human once again. Wake up! Please!
I love vice but y'all add dramatic music toooooo often and for too long.
@GamingTV seriously asking: what do mean 'progressive agenda' and what do you hate about it?
You should know by now that Vice's signature MO is being as sensationalist as possible for easy views.
BMW Spartanburg is the top US car exporter ... let that sink in.
And look at who is right behind them - Mercedes Tuscaloosa, Alabama. Volvo is coming to Spartanburg as well (specifically, East Spartanburg). Tuscaloosa is expanding - Metris and Sprinter are coming there. Not ALL manufacturing is going to the PRC - some is actually coming here - and from Europe, at that. (Volvo, Mercedes, Sprinter, and Metris ALL came from Europe to the United States.) It's not that the United States can't manufacture - it is that a lot of folks think it's all about labor costs; it isn't - as Spartanburg and Tuscaloosa prove every dang day.
@@PGHammer21A But things might change due to the trade war. One of top 5 Chinese imports from US are luxury European SUVs, like the ones made in these BMW, MB factories in US. BMW decided to start making certain models in China instead of importing from US because of the additional tariff.
@Bez Bizara tesla will be bust in less than 12 months
@Nunya Business Tesla is great, but a fledgling company that holds a tiny market share compared to European and Japanese automakers. Enacting a tariff on materials and supplies from other regions will have ripple effects. Besides, the lithium used in Tesla batteries in the Nevada facility doesn't come from the USA, we don't have much in the way of lithium reserves/deposits. Tesla also has a shanghai plant under construction set to open doors in late this year actually. global free trade has enabled the adoption and advancement of technology by having access to materials from around the globe at market price, enacting tariffs just creates temporary relief for disaffected workers because in the end automation is inevitable, shifting demands and industries come and go, as do geographic sources for certain demands.
Christopher Estep You think those German companies leave all their $ here in the US? You think they make cars, sell them and spend all the $ right back into the US economy?
I thought my speakers were broken. Turns out, your sound guy/gal just thought "ah, f it, lets bump that base up to 11".
Lmao I guess you can never have enough bass.
"Yeah he destroyed my business but give the man a chance"
Holy sh*t what a lap dog that guy is..
Its literally mind blowing
And today, they announced a 891 billion dollar trade deficit! More winning
ONE TRILLION DOLLARS COULD BUY SOME BADASS DRUGS
ONE TRILLION DOLLARS IN THE HANDS OF KILLER THUGS.
A.J. Gruening
You show how ignorant and uneducated you are on the subject. Sad.
Yup and then he gives the farmers a bailout package all the while saying socialism sucks.....it's beyond bizarre that his supporters don't even recognize his blatant hypocrisy
sherpa cool
Obama increased farm subsidies (not bailouts, you sound stupid) at record levels. Stop the fake outrage. You didn't care when Obama did it. Sad you do not know what socialism really is as preach bullshit.
@@mountianfolks And yet you don't deny that Trump's bailouts (yes, bailouts) are socialism? Typical. Deflect, smoke, mirrors...
And who's gonna pay for the wall? ... yeah, keep chanting ;)
Not Mexico....hahaahaha
robert freeman the wall is being built currently; are you okay with that
@@irock5624 jajajajajajajajajajajajajajajaajajajajajajajajajajaj what wall the 35 feet in the desert jajajajajajajajajajajajaja whos gonna pay for the wall not mexico sorry for you jajajajajajajajajajajajajajaja
@Nimbus Nimbus jajajqajajajajajajajajajajajaja so no mexico american taxpayers payingt for the wall jajajajajajajajajajajajajaja ok
Nimbus Nimbus there is no wall
That hat is made in china
their panties was made their too.
And the camera on which this video was shot and all their shoes and T shirts as well. :)
Everything is
Everything 'Trump made' is entirely made from other counties, especially the 'america first' items, and the buyers/supporters are....otherwise mentally unable to recognize that.
Todd Foret the tag may have been made there. But trump and his gimmicks the actual hat isn’t..
Re-establishing steel and aluminum industries in the US is a no-brainer. When a full-blown conflict will occur and China takes the other side, US cannot provide weapons and ammo to its military and hence will lose any future conflict without a vibrant steel and aluminum industries.
All I can say is folks need to start growing their own vegetables. I’ve had a vegetable patch in my backyard since 2008. I’ve got more food independence than most folks my age. I’m able to share what I grow. I invested in mason jars, a sauerkraut croc and a canning pot. I recently purchased a chest style freezer so I can freeze the tomatoes I grow. I rotate the things I grow. I only use hand tools. I don’t till anything. I use a broad fork to loosen up soil in the spring. I plant cover crops to protect my soil during the winter. I also practice a companion planting method by Louise Riotte and her book called Carrots Love Tomatoes.
Louise Riotte was from Oklahoma and developed her growing methods on land that is recovering from the Dust Bowl. Why do I mention the Dust Bowl? Well, our current methods of farming are going to bring on another Dust Bowl if we’re not careful.
you are ahead of the curve!
I'm going to start a kimchee pot business for people to bury kimchee in the ground!
I can buy vegies and meat and everything very cheap in Ontario including wine,
Gardening is more like a hobby
CAMERON BENNETT, that’s good. Most commercial scale farms don’t practice soil or water preservation. After ten years of growing my own food and saving seeds, I can say that I’ve got more chance of feeding myself in a crisis than most folks. Also, I’ve not purchased tomato sauce since September.
s3xyScorp. I agree, we’ve got great wine here in Ontario. I did a wine tour last summer in Prince Edward County. Canadian food prices are set to increase a yearly average of $400 per family in 2019. I’m fortunate and able to somewhat handle the increased cost of food. I know people who are barely scraping by right here in Ontario. I’ve got a dad who’s livelihood relied heavily on the GM plant in Oshawa.
Look how it's working for the workers now in June 2019.
Oh America, Once we all saw you as the smart people of the world, what have happened with you guys.
Religion and the right-wingers are America's sickness
Um we may not be what we once were, but don't forget we're still the superpower in this world, and also who you calling stupid with your half English you sound like a dumbfuck
@@joerogan7364 Superpower? the only thing usa is number 1 in is the amount of money spend on its military.
And what was the last war america actually won? not the middle east, not vietnam not against korea ... you must look back all the way to ww2 .. So some superpower. XD
@Rasmus -- US education degraded but I don't think much changed. It's just that now there's a huge spotlight on all the not-so-smart Americans.
@@joerogan7364 "still the superpower in this world" -- Good luck with that. Interest on US debt is expected to go up from $ 310 billion last year to $ 620 billion in 2023 and $ 1 trillion in 2028. And there's a new recession looming.
Oh, Rasmus is Danish, so calling him a "dumbfuck" while you can't even write a proper message in your own language, makes you the actual dumbfuck. How many other languages can you write in, by the way?
My how far we have come. It used to be that manufacturing created the middle class in the 50's but today, Walmart created the middle class.
KCFlyer2
You mean Walmart “destroyed” the middle class.
All those nail factory workers smoking cigarettes on the job, in the factory... how is this even a thing in 2019?!
This Vice reporter was excellent and appropriately empathetic to all those he interviewed. Watching this video was a good use of my lunch break.
really? You mean the guy dripping contempt and constantly rolling his eyes?
@@ferguswatt2884 Clearly you watched a different video.
I can tell you've never been in a factory.
If you're not smoking, you're vaping. That's how it goes. There aren't many non smokers
@@TheDrLeviathan Really? I have been a factory worker for 20 years now. Have worked at 5 different manufacturing plants. I have NEVER worked/currently work in a facility that condones smoking on the floor. None. Have you ever been in a factory?
@@dflatt1783 who said it was condoned?
I mean seriously, people have gone to the bathroom in buckets so they didn't leave their spots. I've seen welders smoke while working.
I can't wait for China to produce all of the Avocados
Those are mainly planted in Mexico.
Nope, we buy those from decent, trustworthy countries... oh, by the way, not from US for sure.
Asian climate is not that suitable for avocados bro
Why avocados man?
@@manishtaker8622 are you sure?? i live in Vietnam and eat avocados grown here...
Keeping 500 jobs here but take away 10 thousand jobs there
Keeping the country together here or destroy the market there
market is the life essence of a country kill it and it dies with it , unless you get comunism
and those manufactoring jobs are min wage jobs if not replaced by automation already. this is a tactic to win over emotional voters.
Except our economy is better than ever now, with unemployment hitting 50 year lows
@FooBar Maximus Those jobs you call 'shitty' are putting food on the table for thousands of people...
The real shitty thing is your comment and mindset, and everything that goes with you
Trade wars are stupid, our deficit actually went up because we lost out on so many exports.
China own our deficit ;the day they want to cash in ,wall street will be 1929 crash
"It's above our paygrade to worry about whether there will be impacts in some of these industries or not." What an unperceptive, selfish position to take.
Where do you work? Now let's imagine you're told to worry about doing another person's job for the same pay. If you decline, by your own logic, you're selfish.
Hi Zach A Are a good Comrade ? Are u being a good comrade to motherland. U want to divide land equally ?
Coca-cola has 3c worth of aluminium in it. If the price of aluminium goes up by 10%, the cost of aluminium in Coca-cola will go up by 0.3c
US news, unbelievable.
so much money even tho they make you pay $3 for 3 cents of aluminum and sugar tar water. hmm drink water
Right, because everyone drinks Coke and the price of Coke is a key indicator of a healthy economy. Don't believe the people reporting on the global economy, believe a random guy on UA-cam 😂😂😂
None of the guys gave an alternate solution to avoid trade war.
Xing Honey there is no alternative that doesn’t end up with China having significant power in trade leading to many other problems for the US in future. There trying to become a dominant power. Not all ideas will be 100% positive but trump has to make a stand and do something. We can not afford to stand down.
@@ForgedDr3ams I got that part. I meant that many on the show talk about the negatives of trade war and do not provide solution to the problem of trade imbalance.
I lost my Die Setter Job because of this trade war back in april. The company original investers pulled out because of the cost of the steel wire we used to make brackets to hold up mufflers, and rings to guide lawnmower wire when you start them. The company had several potential new investers from diffrent countries and here in the U.S but they all backed out saying the cost wasn't worth it. All said its because of Trump.
All said, it's because a bunch of Democrats and Republicans made a bunch of shady deals with Russia and China and sold us out. We've been in a trade war since the 70s, and our politicians have been giving China very lopsided deals in exchange for tons of anonymous 'campaign contributions'. Trump just admitted there was a problem and did something about it. It wouldn't be such a painful transition if the idiots had just done their damn jobs in the first place.
Also, because of the state of the economy, you'll get your job back easily. Thanks to Trump. So put on your big boy pants and stop complaining.
Car batteries cost double what they did 3 years ago
that is due to a lithium and cobalt shortage.
I rember wben a bag if chips cost $1 now it's $2 , potato shortage or greedy?
Batteries have gotten more complicated. A battery for a Mazda 3 BM is worth more than double one for a BL
@BananaPeal0 let's peal of this layer of BS, my good sir. who puts lithium in car batteries you ask. Hm, good question.. I don't know actually.. Ow wait car brands like Tesla, BMW, Nissan and all the other brands that make electric cars. Because they power those cars with Lithium-ion batteries. WHICH NEED LITHIUM....
Because the Importers are making 400% profit on them.
When Vice pretends to care about Blue collar working class people 🤣🤣🤣
OMG YOU WON THE COMMENTS!!!
LOL...When multiple bankrupt billionaire pretends to care about blue collar working class people while cutting taxes on the rich, cutting regulations on environmental protection, and cutting healthcare and education, while increasing funding for a bloated military welfare state (google world's largest employer) and multi billion dollar welfare packages for farmers to hide his terrible business acumen...www.drovers.com/article/new-tariff-aid-plan-offers-single-payment-all-non-specialty-crops
Hahahahah...Please google 'Cognitive dissonance'...LOL
@Maria Dowler Trolling you are bad it it and you should feel bad
@@SD-nn3zu I got a better idea let's do nothing about China stealing our intellectual property and polluting the world.
@Jamey Craig The sky has been falling for a while now according to you lamp posts. When is your particular "rude awakening" due?
The thing not reported is that Chinese labor costs have skyrocketed. Investors have been looking for a reason to return to USA and the trade war is a powerful reason. Lower taxation on businesses could facilitate new investment opportunities.
wrong notes I’ve talked to international investors. They were the ones who told me. Chinese labor costs are up. I stand by my original comments.
@wrong notes john kenney is right, many of my shenzhen based tech developers have been looking to come back to the US due to increased monitoring and forced regulation on their good by the chinese government. Things such as installing a back door in their source and allowing the chinese government to take and review shipments.
that’s why they have Africa
My company is doing more business with Vietnam and they are very happy with them and they don't mess up the orders like the Chinese.
@@Johnmk24
Well I am an international investor, I purchased a passport wallet from Nordstroms and I live in Canada. Yes I want to go back to the US and pay far more for my inputs than I would in China. Why in the hell would I do that? The only reason to return to the US only if someone figured out how to automate the whole process, either way, don't need expensive American labour to make no brainer products.
When I drove for a trucking company my biggest enemy was the trucking company that I worked for .
For the same wage a fat American is going to work u can have 10 Asian workers doing longer hours and working harder that’s why it’s cheaper to manufacture it’s really not rocket science
The end product is only garbage if the buyer doesn’t want to pay quality price, no matter how u look at it any job ud rather have 10 than 1
*Tariffs are nothing more than a tax on the consumer!*
@@HELLO7657
Such as Iphones?Apple computers made in China
And all shyt sold in WM,,who pays to buy these things? US consumers,,so how does higher cost helps you!?
But trump tells every one that China and other countries are paying the tariffs, is he lying?
That tax is inevitably paid by you, @@HELLO7657 . Suggesting otherwise is simply myopic.
Any cost of doing business is ultimately transferred to the consumer,@@KayyHong .
"we can't comment on the broader aspects" not a win-win
America's going downhill faster and faster everytime trump opens his mouth
US is not that weak.
@@段子手-q7t USA is in very weak position at the moment though. It is politically divided which prevents USA from taking a clear direction and fast decisions, USA has lost military influence all over the world, USA managed to piss off EU which has resulted EU to invest more to Asia and less to USA, EUR has began to replace USD as reserve currency, EU has began to invest more to European military industry which means huge losses for US. industry as a whole, and there are huge civil unrest's in the country.
USA is about to blow from inside out while rest of the world has taken steps to separate them selves from US. influence.
lol Apple just announced to begin assembling top-end Apple iPhones in India in 2019
Everything in Trump hotels is made in Taiwan
@@biggybiggy84 Think they have to have certain % of items/material in the phone made or bought from the US but not 100 % sure on that, dont quote me for that part... but just type Apple and india in any search engine and they really did announce that sadly. So the so said plan failed for that company at least !!
Or else they sell there phones so expensive they just pay the extra fee in the US and dont care !! heh
From one foreign country to another - OMG!
100% made in the USA (supposing it is possible) would make them far too expensive and then Samsung and Huawei would take over marketshare.
LOL This policy is temporary. These aluminum workers will lose their jobs again when Aluminum can be produced so cheap it is impossible to continue to protect or when the political winds change.
I listened to this entire video & I think that there are some serious omissions by just focusing on the tariffs.
(1) You must take into account ALL trade barriers associated with selling a product into another country, not just tariffs. Until DJT got into office, almost any country could sell about anything into our country as long as their cost of production & shipping to our country was low enough that they could undercut prices for similar products made in our country. In general, we didn't apply tariffs to those products being imported into our country & we didn't apply expensive artificial requirements on those products.
(2) IF other countries were as open to letting us ship our products to them as we have been to letting them ship products to us, then this so called "trade war" wouldn't be an issue.
(3) BUT both the EU (European Union) & China have made it extremely difficult to ship products from our country to them by imposing both tariff & non-tariff trade barriers that effectively make it non-competitive for us to ship products to them and still be profitable. You must look at the whole package of trade barriers!!!
(4) I'm very sure that DJT has a very good understanding of all issues surrounding international trade, yet 99.999% of people would fall asleep if he tried to explain the details. That is one reason the "economic experts" are not listened to by most people.
(5) I have an MBA & had to take multiple economic classes as part of my requirements, so I probably have a better understanding of "free trade" & "international trade" than 99% of the population. I can easily see that some of the rhetoric that DJT is using with regard to China is aimed at helping most Americans understand what is at stake. Yet the details are far more complex.
(6) DJT is NOT actually saying that for every $100 of goods that we import from China, they must buy $100 of our goods. What he is saying is that the trade must be balanced in that neither country should be putting artificial non-monetary trade barriers in place just to stop the other country.
(7) One of the things people need to understand about DJT is that he is a master at simplifying the arguments so that most people can grasp what is at stake. He needs to get general buy in so that his experts can work on the painful details and hopefully get the House & Senate to accept the corrections. If he were to publicly discuss all of the details, nothing would ever get done, and he knows that!!!
(8) I've worked in the hi-tech sector for many decades. If you've paid attention to what DJT & many others have been saying for many years, China has put up very significant barriers to selling many products into their country. For example, for many products where we had a significant technology edge, yet our companies wanted to expand distribution into China, the Chinese would require conditions that essentially resulted in stealing our technology over time. This is part of the IP (Intellectual Property) issues DJT keeps talking about.
(9) Keep in mind that DJT is NOT a protectionist in the traditional sense of the word, yet there are some industries that we really need to be careful that they don't all go to our adversaries, such as China (for example, what is needed to maintain a strong military).
Roger Due you’re on the money with your comment especially about the intellectual property part couple years back the Chinese hacked into the technology that powered a US built windmill technology- once they got the software and schematics they started producing their own windmills. Similar stories across all industries whatever they import over there they copy and manufacture and discontinue importing. They’ve even done this with cars unbadged BMW and rolls Royce’s being produced over there
Thank you sir.
Once again, Trump's actions are based on politics, not business, not science. He has no clue, like a child, "Apple will build phones in America". The voters don't understand why not but Trump does. That's the point.
If protectionism is a killer then China would have suffered but it didn't.
Walmart? MIDDLE CLASS prosperity???!.....HAHAHA!
Neocons and neo liberals are usually in agreement
Walmart drivers make 40 an hour
Could always go to "college" can get a liberal education.
walmart is also the largest employer in the US after the US Government
Fawk yuen , poverty wages are not good for anyone. Walmart destroys prosperity. It creates it only for the majority shareholders.
I used to work @ some of the local Shipyards. They hire you then lay you off then hire you back over & over. I moved to another field of work.
That's sad.
Same thing with hvac work here in Florida. Winter is a hit or miss season. You either stay busy or they hire you back later in spring.
@a Exactly . Money is good but don't blow it. You'll need it.