Obama Slaps 35% Tax on Tires=you pay more!

[amicus]

Thas right folks, so much for free trade as Obama taxes imported tires 35% this year, another 35% next year and 25% the year following.

US Labor Unions are happy, the consuming public pays the price.

Look for trade restrictions from China and the rest of the world, higher prices in the USA more unemployment and a lower standard of living for all.

Can we suffer another three years plus of this?

Amicus

 

[slyc_willie]

I'll be waiting for validation on this one . . . .

'Course, I don't own a car, and don't really want to. Don't need the damn thing as far as I'm concerned.

 

[amicus]

It was a crawler on the late news recap.

A strange evening for me...although I thought I had watched everything, I am still drawn to the 9/11 documentaries that have been going on all evening.

Like the images of those people jumping to their death to escape burning, I don't want to watch it, but...

Amicus

 

[JAMESBJOHNSON]

Its true.

He slapped tariffs on other Chinese stuff, too.

 

[Liar]

Brace yourself, ami, I agree with you on this one. America, as most of the West, has been a mostly post-industrial economy for decades. Unless it's to boost demand for domestic industries as another means of stimulus, for a short period of time, I don't see what the point is.

Making large amounts of basic stuff is not what America is best at. If there should be protectionism, it should be in areas where one has strenghts. Americans drive R&D and innovation like nobobdy else, that's where one should throw resources, at protecting that leverage, and making sure that ownership and selling rights for the products it yields stay in thge country. Not nessecarily the bolting-stuff-together part.

Manufacturing might be the financial motor of the world. But being the financial gear box is just as profitable. Globalization works. It lets people take advantage of each other's strenghts.

 

[ishtat]

I think this is serious stuff. America and especially its Democrat administrations have always been protectionist. Basically Obama has failed to persuade the Chinese to allow their currency to re-value upwards (unlike the Euro) so this has become necessary(politically) to protect jobs.

I think that Liar's assertion that globalisation works is not valid so long as the four major economic regions are each so protective of agriculture. EU USA Japan and China all have vast aid programmes - to their own farmers which vastly outweighs foreign aid. The third world has no chance to trade the only products most of them have.

Protectionism and isolationism go together and this apparent preference by the current administration is worrisome.

 

[JAMESBJOHNSON]

It used to be true that Americans were innovators; SCIENTIFIC AMERICAN began life as a tinkers-inventors journal showcasing American genius for problem solving; but the magazine is now an ivory tower for perfessers of navel-gazing arts & doodly-squat sciences.

Mega-Corporate World owns the ivy-covered halls, and pays the perfessers with taxpayer dollars.

 

[Jenny_Jackson]

Brace yourself, ami, I agree with you on this one.

OMG! I'm having a stroke! Someone Call 911...STAT!

 

[Pure]

amicus: Obama Slaps 35% Tax on Tires=you pay more!

--------------------------------------------------------------------------------

Thas right folks, so much for free trade as Obama taxes imported tires 35% this year, another 35% next year and 25% the year following.

US Labor Unions are happy, the consuming public pays the price.

Look for trade restrictions from China and the rest of the world, higher prices in the USA more unemployment and a lower standard of living for all.

Can we suffer another three years plus of this?

====

Amicus, like Rox a while back, is a tireless promoter of the Chinese manufacturing system, and wishes to ensure full employment to chinese workers.

Besides the low wages, the lack of unions, of health protection of workers, and of free speech appeal to him:

http://www.forbes.com/2008/04/02/china-labor-costs-markets-econ-cx_jc_0402markets03.html

The statistics agency did not release a detailed industry-by-industry profile, but China Business News, a business daily, pointed to earlier data released by the Beijing municipal government indicating that state-protected industries--in securities, banking and aviation--had reported average yearly wages exceeding 100,000 yuan $14,265.34){$70 per day} in 2007, more than five times those for nonmetals mining and extraction, farming and traditional manufacturing lines such as textiles and sportswear, which paid less than 20,000 yuan ($2,853.07){$1.40 per day} to their workers. The figures were for Beijing itself but were broadly in line with those issued in recent years by the central government.===

 

[Jenny_Jackson]

Look people, I've been saying this since Ronnie Regan was supposed to be president. The problem with the U.S. Economy has been and still is the Government allowing American Companies to move their production overseas leaving the U.S. with a Service Economy.

It all started with NAFTA. Remember that? It was such a great idea. The Canadians and the Mexicans got lovely, well paying jobs at the expense of the American Auto Worker. Then NAFTA was extended to Asia so that Microsoft, Hewlett-Packard and other could build cheap computers. But that opened the door for the entire electronics industry. So sorry RCA. In the midst of that, WALMART became the largest importer in history. That created a huge manufacturing boom in CHINA (isn't that still a Communist Country?).

Now we are feeling the end result of the the NAFTA system. It's called a "Deep Recession," people. How do you get out of a recession? You turn on your manufacturing and produce you way out of it. Oops!

 

[JAMESBJOHNSON]

American corporations get all that cheap convict labor in China.

I'll say it again. American living standards are high. Our water wont kill you. Kids can go to school for 12 years. People dont have to live in appliance boxes. Our standard of living isnt free, either.

But here's what we let corporations do. We let them offshore so they can use convict labor for pennies, then we let them sell their wares to proxies in the Cayman Islands; the tire the company paid $1 to make, they sell to themselves for $99, then sell it to you for $100. They pay income tax on $1.

Let the fucking chinks build tire plants here, sell to Americans, and pay American wages; let Americans build plants in China and sell their wares to the Chinese. All the thieving bullshit in the middle is eliminated and people have jobs.

 

[Jenny_Jackson]

I looked this up on CNN... ihttp://www.cnn.com/2009/WORLD/asiapcf/09/12/us.china.tires/index.html

The terrif is on "some" tires made in China. Reading further is on all tires manufactured for cars, light trucks and trucks. What does that leave? Air Craft tires and tires used as bumpers on Tug Boats?

 

[Pure]

note to jenny

Look people, I've been saying this since Ronnie Regan was supposed to be president. The problem with the U.S. Economy has been and still is the Government allowing American Companies to move their production overseas leaving the U.S. with a Service Economy.

It all started with NAFTA.

excellent points, jenny; lost on the OP.


but, your suggestion that the US gov't NOT allow US companies to shift production to China... that's control of capital my friend... wouldn't that be ... socialism... or fascism? what's your pick?

(tovaritch, i see you've gained the confidence of AH bourgeois apologists. you may continue to receive encrypted instructions from the fourth international, at this forum.)

 

[Jenny_Jackson]

Look people, I've been saying this since Ronnie Regan was supposed to be president. The problem with the U.S. Economy has been and still is the Government allowing American Companies to move their production overseas leaving the U.S. with a Service Economy.

It all started with NAFTA.

excellent points, jenny; lost on the OP.


but, your suggestion that the US gov't NOT allow US companies to shift production to China... that's control of capital my friend... wouldn't that be ... socialism... or fascism? what's your pick?

I never suggested that, Pure. What I would suggest is repealing NAFTA and treating Mexico, Canada and Asias the same as every other country by either adding terrifs to make American made competive or adding taxes on American Manufactures bringing their products into the US. As it is, there is not tax disincentive or terrifs on anything coming in from Canada, Mexico or China (other than the new terrif on tires).

Undstandably, prices will rise, but right now the U.S. is captive to foreign production meaning that eventually prices will rise anyway. And right now we have no way of producing our way out of this recession.

 

[JAMESBJOHNSON]

JJ

Historically America had nifty new technologies that pulled it from financial depressions and panics. Henry Ford's assembly line did the trick for the 1907 Panic; aviation, electronics, & heavy machines pulled us out of the 1920 recession; in 1947 it was atomic energy & tv & jet aircraft; in 1958 it was the Interstate System, commercial jets, semiconductors, Xerox, and satellites; PCs in 1982; the Internet and cellphones in 1993.

At the moment we have no technology marvels in the wings, we have no massive public works projects like TVA or the Western dams; what we have are Wall Street thieves and bankers standing in Obama's 'bread' line.

 

[Dragonlipz]

Thas right folks, so much for free trade as Obama taxes imported tires 35% this year, another 35% next year and 25% the year following.

US Labor Unions are happy, the consuming public pays the price.

Look for trade restrictions from China and the rest of the world, higher prices in the USA more unemployment and a lower standard of living for all.

Can we suffer another three years plus of this?

Amicus

Mon Ami for President.....JBJ for Vice President......or is that President of Vice?????

 

[amicus]

Liar, Post #5:

"...Brace yourself, ami, I agree with you on this one. America, as most of the West, has been a mostly post-industrial economy for decades.

~~~

A 'banner day' indeed Liar, and welcome, although I gain your agreement and lose that of Jenny & JBJ..., dunno...

I am reminded, for whatever reason, of a 'nerd channel' I watched on a Container Ship Port Facility in Rotterdam some time back. I was amazed at the size and complexity of the operation, almost entirely computerized except the crane operators. 'Long Shoremen' Unionized Dockworkers, were totally absent, replaced by computer guided transport devices that sorted and stacked the containers in the yard for further disposition.

An 'industrial or manufacturing' economy is one based on human labor. Just like the agricultural industry is becoming largely mechanized, so too, has the blue collar world of manufacturing.

Obama is currying favor from the labor unions that want to continue the industrial era long after its' demise.

I would suggest to Jenny & JBJ a reading of Alvin Toffler's 'Third Wave'; not to swallow whole, but to educate, about the market place in the 21st century.

The transition from an agricultural based society to a manufacturing one was a period of turmoil, especially in England, as millions of farm people migrated to the cities for jobs in the mills and factories.

This transition, from Industrial to Service economies is just as perilous as the old labor forces are displaced and must be retrained or re-educated for white collar jobs.

To try to hold back the future, as Obama is attempting, can only lead to disaster.

There will always be a need for blue collar labor; I foresee high speed rails in the US, 'smart' interstate highways, and metropolitan transit systems that are computerized and a time where there are no automobiles in cities at all.

It is all possible now, and a profitable venture for the market place, if only GOVERNMENT will get the hell out of the way and let the people live.

With the new administration and the advisors Obama has surrounded himself with, nothing good will come out of the next three plus years and some very bad things may happen.

Amicus

 

[DesertPirate]

I'll be waiting for validation on this one . . . .

'Course, I don't own a car, and don't really want to. Don't need the damn thing as far as I'm concerned.

He is taxing tires made in China.