The quote of the day: If you don't have steel, you don't have a country.
by Donald Trump.
As we're close to 100 days of Trump presidency, Trump's strategy is becoming clear. 3 goals of reshoring manufacturing:
1. Steel/aluminum which is foundation of industries and military industries.
2. Semiconductor which is the backbone of modern technology.
3. Auto and auto parts which is a significant driver of job creation.
I have no doubt these goals will be achieved.
Replies to: The quote of the day: If you don't have steel, you don't have a country.
This is perfect Trump economic "thinking"
For every company that produces steel, there are 50+ who use it.
Manufacturing industries.
So when we raise the price of steel, we hurt 50 times more industries than we help.
Good plan.
And if steel, semiconductors and autos can be produced much cheaper elsewhere?
We end up producing crap that we can't sell to anyone else.
Isolationism in the modern world dooms a country to stagnation.
Let me put it bluntly: Cheap labor became the drug of American economies. It killed innovation.
It's easy to make things cheaper through cheap labor than than through innovation. It's a drug that so many Americans are addicted to. They don't think supply chains disrupting issues. They don't think geopolitical risk. They don't give a damn to working class.
"Cheap labor killed innovation." What drivel. America is the most innotive nation on Earth.
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When cheap labor became a drug, it killed innovation.
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Stupid as usual. Switzerland, Sweden, USA, Singapore, and the UK are the most innovative countries
In the world. You’re such a know nothing dipshit.
Oh please. Immigration and cheap labor were the engine of our economic growth throughout the 19th
century to WWII. Not at all a new concept, jackass.
You misspelled immigration and cheap LAND. Gold rush & becoming landlords draw immigrants.
You preach your woke history to a wrong guy. Just remember you're always ignorant just like jimbasil in my eyes.
Link: https://youtu.be/jFrVoG-edFc?si=i9ZpXniqGaKQbDNz
You have no clue you moron. I’m third generation on both sides. I know why they came you total
asswipe. Had nothing to do with becoming a landlord or the gold rush. You are just a laughable Chicom fool.
We have such short memories.. of the Great Depression.
Reagan actually remembered it first hand.
Link: https://www.bing.com/videos/riverview/relatedvideo?pglt=2083&q=youtube+reagan+on+tarrifs&cvid=9dd44a3eb7b8413cbe1c1367f5c9db05&gs_lcrp=EgRlZGdlKgYIABBFGDkyBggAEEUYOTIGCAEQABhAMgYIAhAAGEAyBggDEAAYQDIGCAQQABhAMgYIBRAAGEAyBggGEAAYQDIGCAcQABhAMggICBDpBxj8VdIB
1) why do you care, you're a pretend American? 2) You mean American companies foremost
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There are national security considerations for producing stuff.
We definitely should not be relying on our biggest adversary, China, for essential goods.