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China Imposes Tarrifs on 128 US imports.(update: EU imposes billions in Tarrifs on US)

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3 hours ago, Rolltide said:

Herman Cain was on fox giving his reasons why he is against this move on Amazon. Despite being right he does not seem to understand the objective. Trump is trying to manipulate the retail sector by making it less attractive to shop online so we will shop more at brick and mortar stores. 

 

This is backwards 1980s thinking. We do not need more job growth right now. We do not need some ass trying to manipulate  sectors of our economy. Just stfu and back off and everything will be fine. 

It should be about putting all retail on an even footing, not about trying to "punish" online retailers.

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7 hours ago, Starkiller said:

Obama did put a tarrif on China on tires. It failed and ended after a short period, same as Dubya’s China tariffs. 

Pesky facts are always derailing "but, Obama" rants.

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1 hour ago, Number9 said:

why do we have such a huge trade deficit?  will continuing to do the same thing fix it? 

We outsourced most of our manufacturing to countries with cheaper labor. But what's the solution to that? Going back to slave labor is out of the question, so the manufacturing is only coming back in the form of automation. That will help with the trade deficit, but it won't really help with the jobs market.

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34 minutes ago, reo said:

 

Thor doesn't. Not that there's anything wrong with that. He just shows an anti-intellectual bias. It's why he likes Trump. He "sticks it to those know it all liberals" so he supports him regardless of what's being said or the topic. It's bc Trump annoys people he doesn't like. And due to this emotional connection instead of a logical one, he is easily manipulated, not due to lack of intelligence but bc he's not thinking logically in what he believes. He's following dye to those emotions.

 

Props for going for your BS though, man. Good luck.

Wow!!! You are actually shallower than I imagined, well not really... :335_cloud_lightning:

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Just now, thor said:

Wow!!! You are actually shallower than I imagined, well not really... :335_cloud_lightning:

Oh? How's that?

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Wow!!! I like how you each give one another the little parting "pat on the ass"... That's just so cute... :335_cloud_lightning:

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8 minutes ago, Starkiller said:

There should be sales tax applied on all purchases, digital or physical.

There was a time when online retailers/businesses were given favorable tax policy to help nurture their development. McCain ran on that plank as late as 2008. A lot has changed in 10 years, but it's quite clear that we have now have the infrastructure in place for all digital/online sales to be fully taxable. 

 

When it comes to retail, there's all sorts of reasons why we've seen issues. From an urban planning and development perspective (more of my background), we've been told that retail has been massively overbuilt and housing underbuilt. But there's also the challenge of legacy businesses with their long term costs/debt dealing with upstarts like Amazon who don't have the burden of pensions, expansive management, significant legacy capital investments and so on like the Macy's of the world that have been in business for some time.

 

On top of that, Amazon was a Wall Street darling who got funneled cash while they were bleeding money. Yes - a lot of big retail is also listed, but not the smaller retail/mom and pop type stores. It's hard to compete with a business that doesn't have to make a profit for 10+ years. That, to an extent, is simply capitalism, but it is fair to say think we could find ourselves in a "monopoly busting" environment again.

 

The problem with Trump is that this all about a political axe to grind with Jeff Bezos. There's no substantive policy behind anything he says, it's just demagoguery again. He's just throwing rocks at someone who is far wealthier (and successful) than him.

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11 minutes ago, thor said:

Wow!!! I like how you each give one another the little parting "pat on the ass"... That's just so cute... :335_cloud_lightning:

Damn. That nerve must've really stung.

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Not to mention a trade war with China will sink Walmart, which long ago gave up on Made in America.  Let's go after the top two retailers in the US and see what happens!

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1 hour ago, Starkiller said:

There should be sales tax applied on all purchases, digital or physical.

A national sales tax? I can see a state sales tax. We are talking about national policy here. 

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1 hour ago, thor said:

Wow!!! You are actually shallower than I imagined, well not really... :335_cloud_lightning:

On another thread he used the word "normalizing" several times. Not very deep then either. 

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1 hour ago, patsplat said:

Not to mention a trade war with China will sink Walmart, which long ago gave up on Made in America.  Let's go after the top two retailers in the US and see what happens!

You libtards have been after Wal-mart for 30 years. Even trying to keep them completely out of large markets. 

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1 hour ago, Starkiller said:

We outsourced most of our manufacturing to countries with cheaper labor. But what's the solution to that? Going back to slave labor is out of the question, so the manufacturing is only coming back in the form of automation. That will help with the trade deficit, but it won't really help with the jobs market.

I voted for Hillary Clinton.

 

People need jobs.  They make income that can be taxed to pay for goods and services provided by the government.  If they don't have income, then where is the government going to get money to afford the American citizens the services they have come to expect?

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10 minutes ago, Rolltide said:

A national sales tax? I can see a state sales tax. We are talking about national policy here. 

There doesn’t need to be a national sales tax. Simply enforce all current state sales taxes on any interstate purchases. 

 

The Supreme Court is actually hearing a case that could settle this.

https://constitutioncenter.org/blog/supreme-court-set-to-tackle-internet-sales-tax-question

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