TRUMP AND JOBS
...
Trump says he wants more jobs for Americans.
1. Almost 90% of the decline in U.S. manufacturing jobs between 2000 and 2010 was caused by the introduction of robots and computers.
Almost Everything Trump Says
Is Trump going to ban robots and computers?
2. Donald Trump promises to force Apple Inc. to manufacture in the United States.
If Apple makes its stuff in the USA, then either it pays wages as low as those in China, or it finds it cannot compete with Samsung and other rivals.
If US firms are going to pay lower wages, that does not help the retail industry.
An Apple video iPod assembled in China sells for roughly $300 in the United States.
Very little of that $300 goes to the Chinese firms.
"The Chinese get only about six bucksworth of value from the item’s assembly and shipment. Meanwhile, the U.S.-based Apple and its affiliates get hundreds of dollars from an iPhone’s final U.S. sale (for things like design, marketing, and even some manufacturing)."
If Apple makes its stuff in the USA, then either it pays wages as low as those in China, or it finds it cannot compete with Samsung and other rivals.
If US firms are going to pay lower wages, that does not help the retail industry.
An Apple video iPod assembled in China sells for roughly $300 in the United States.
Very little of that $300 goes to the Chinese firms.
"The Chinese get only about six bucksworth of value from the item’s assembly and shipment. Meanwhile, the U.S.-based Apple and its affiliates get hundreds of dollars from an iPhone’s final U.S. sale (for things like design, marketing, and even some manufacturing)."
Almost Everything Trump Says
3. Modern manufactured goods, such as Boeing 787s, are usually made from components from different parts of the world.
Boeing's 787, has a fuselage made in Italy, engines made in the United Kingdom, passenger doors made in France, cargo doors made in Sweden, landing gear doors made in Canada and wing tips made in South Korea.
Trump could force Boeing to have all the parts made in the USA.
4. But such a policy of 'Protectionism' has its risks.
In 1930, the Smoot–Hawley Tariff Act raised U.S. tariffs on imported goods to record levels.[2]
3. Modern manufactured goods, such as Boeing 787s, are usually made from components from different parts of the world.
Boeing's 787, has a fuselage made in Italy, engines made in the United Kingdom, passenger doors made in France, cargo doors made in Sweden, landing gear doors made in Canada and wing tips made in South Korea.
Trump could force Boeing to have all the parts made in the USA.
4. But such a policy of 'Protectionism' has its risks.
In 1930, the Smoot–Hawley Tariff Act raised U.S. tariffs on imported goods to record levels.[2]
Most economists see the Act, and the retaliatory tariffs by America's trading partners, as responsible for reducing American exports and imports by more than half.[4]
So, Trump has to be careful that he does not bring about a Great Depression.
5. Yes, too many jobs have been offshored, but Trump may not realise how complicated matters are.
There are good reasons why Coca Cola has bottling plants all around the world.
The main problem is that "We have socialism for the rich, crony capitalism, fascism, kleptocracy, oligarchy or banana republic style corruption." - Washington's Blog
6. Trump should advocate raising taxes on the rich, cutting military expenditure and investing heavily in infrastructure.
Ivanka Trump
The US election will probably be decided on the issue of the economy.
1. "The US economy died ... when the financial system was deregulated."
The Us Economy Has Not Recovered and Will Not Recover - Paul Craig Roberts
2. Bernie Sanders believes that free trade agreements like NAFTA, Permanent Normal Trade Relations with China, and the U.S.-Korea Free Trade Agreement have allowed too many American jobs to move overseas.
"We don't have free market capitalism anymore in the U.S. (and the big banks are largely responsible).
"Instead, we have socialism for the rich, crony capitalism, fascism, kleptocracy, oligarchy or banana republic style corruption."
Washington's Blog
So, Trump has to be careful that he does not bring about a Great Depression.
5. Yes, too many jobs have been offshored, but Trump may not realise how complicated matters are.
There are good reasons why Coca Cola has bottling plants all around the world.
The main problem is that "We have socialism for the rich, crony capitalism, fascism, kleptocracy, oligarchy or banana republic style corruption." - Washington's Blog
6. Trump should advocate raising taxes on the rich, cutting military expenditure and investing heavily in infrastructure.
Ivanka Trump
The US election will probably be decided on the issue of the economy.
1. "The US economy died ... when the financial system was deregulated."
The Us Economy Has Not Recovered and Will Not Recover - Paul Craig Roberts
2. Bernie Sanders believes that free trade agreements like NAFTA, Permanent Normal Trade Relations with China, and the U.S.-Korea Free Trade Agreement have allowed too many American jobs to move overseas.
Bernie Sanders.
170 top economists have endorsed Bernie Sanders' platform regarding Wall Street, signing a letter stating:
"The Senator is correct that the biggest banks must be broken up and that a new 21st Century Glass-Steagall Act, separating investment from commercial banking, must be enacted."
Economists Say.
170 top economists have endorsed Bernie Sanders' platform regarding Wall Street, signing a letter stating:
"The Senator is correct that the biggest banks must be broken up and that a new 21st Century Glass-Steagall Act, separating investment from commercial banking, must be enacted."
Economists Say.
Trump inherited a fortune. He would have made more money if he had invested it with businesses other than his own.
"We don't have free market capitalism anymore in the U.S. (and the big banks are largely responsible).
"Instead, we have socialism for the rich, crony capitalism, fascism, kleptocracy, oligarchy or banana republic style corruption."
Washington's Blog
Ivanka Trump
3. "Thomas Piketty, perhaps the most influential economic thinker of the left in the Western world, is impressed by the rise of Sen. Bernie Sanders...
"Piketty ... sees Sanders ....leading the United States toward a possible return to the nation's pioneering 20th century experiments with extremely progressive taxation and social spending...
"Piketty points to the fact that, prior to Reagan, 20th century fiscal policy in the U.S. was aggressive in taxing the wealthy - much more so than the European counterparts...
"From 1930 to 1980 ... the rate for the highest U.S. income (over $1 million per year) was on average 82%...
"Those rates ... played a tremendous role in creating social equality and helped provide crucial government revenue for robust social programs..."
World's Most Famous Economist.
"Reagan ... lowered the rate for the highest incomes to 28%...
"'Sanders' success today shows that much of America is tired of rising inequality and these so-called political changes, and intends to revive both a progressive agenda and the American tradition of egalitarianism,' Piketty wrote.
World's Most Famous Economist.
"Piketty ... sees Sanders ....leading the United States toward a possible return to the nation's pioneering 20th century experiments with extremely progressive taxation and social spending...
"Piketty points to the fact that, prior to Reagan, 20th century fiscal policy in the U.S. was aggressive in taxing the wealthy - much more so than the European counterparts...
"From 1930 to 1980 ... the rate for the highest U.S. income (over $1 million per year) was on average 82%...
"Those rates ... played a tremendous role in creating social equality and helped provide crucial government revenue for robust social programs..."
World's Most Famous Economist.
"Reagan ... lowered the rate for the highest incomes to 28%...
"'Sanders' success today shows that much of America is tired of rising inequality and these so-called political changes, and intends to revive both a progressive agenda and the American tradition of egalitarianism,' Piketty wrote.
World's Most Famous Economist.
4. Donald Trump does not want to ban credit default swaps or collateralized debt obligations.
Trump has said that the federal minimum wage should not be increased because wages are already too high.
Trump wants to abolish the estate tax (FDR’s oligarch tax).
Trump wants the top rate on income to fall from about 40% to 25%, 'meaning a tax bonanza for the rich and super-rich'.
Those in the top 0.1% would see their taxes reduced by an average of $1.3 million, or 19% of their after-tax-income.
Trump’s program would increase the federal deficit by just under $10 trillion in the first decade, and then by $15 trillion in the second decade.
Trump's Art - Posing as Reformer Without attacking Power
Trump has said that the federal minimum wage should not be increased because wages are already too high.
Trump wants to abolish the estate tax (FDR’s oligarch tax).
Trump wants the top rate on income to fall from about 40% to 25%, 'meaning a tax bonanza for the rich and super-rich'.
Those in the top 0.1% would see their taxes reduced by an average of $1.3 million, or 19% of their after-tax-income.
Trump’s program would increase the federal deficit by just under $10 trillion in the first decade, and then by $15 trillion in the second decade.
Trump's Art - Posing as Reformer Without attacking Power
Barron Trump
Wealth And Income Gap, By ZIP Code
One of Trump's homes.
"In the USA, the majority of those who receive some form of public assistance (medicaid or foodstamps) have jobs ... but they earn so little that they cannot make ends meet."
Web Site
The USA today.
Donald Trump wants to keep wages down, while reducing taxes on the rich, and spending more on the military.
Trump has a home in in Manhattan "designed to evoke the Palace of Versailles ...
"It boasts a cavernous hall of mirrors, acres of marble set off by ‘24-carat gold and diamond accents’, and ceilings hand-painted with cherubs and scenes from Greek myths."
Jesus loves rich guys?
"Trump also owns Seven Springs, a huge mansion outside New York in the upmarket hamlet of Bedford, which boasts 60 rooms, two servants’ wings, 15 bedrooms, three swimming pools and 230 acres of land.
"There’s another mansion in rural Virginia, a huge house on Rodeo Drive in Beverly Hills and a vast waterside pile at Mar-a-Lago in Palm Beach, Florida."
"It boasts a cavernous hall of mirrors, acres of marble set off by ‘24-carat gold and diamond accents’, and ceilings hand-painted with cherubs and scenes from Greek myths."
Jesus loves rich guys?
"Trump also owns Seven Springs, a huge mansion outside New York in the upmarket hamlet of Bedford, which boasts 60 rooms, two servants’ wings, 15 bedrooms, three swimming pools and 230 acres of land.
"There’s another mansion in rural Virginia, a huge house on Rodeo Drive in Beverly Hills and a vast waterside pile at Mar-a-Lago in Palm Beach, Florida."
dailymail.
Mrs Trump
"Numerous reports released during the first two months of 2016 document the staggering dimensions of the social crisis facing working people in the United States.
"A majority of Americans have too little savings to pay for an emergency expense of $1,000. One in four US adults is burdened by debts caused by medical expenses.
"More than one million working people are being cut off food stamps.
"One million retirees face pension cuts dictated by the Obama administration."
Web Site
Both Hillary Clinton and Donald Trump are wealthy members of The Establishment.
Donald trump is "like every other corporate tyrant in that his solution to most things follows the logic of Stalin: no person, no problem. You're fired!
"Except as president he'd have other people-removing options, all of which he likes: torture, mass deportations, the banning of 23 percent of the Earth's population from entering the United States, etc.
Mrs Trump
"Numerous reports released during the first two months of 2016 document the staggering dimensions of the social crisis facing working people in the United States.
"A majority of Americans have too little savings to pay for an emergency expense of $1,000. One in four US adults is burdened by debts caused by medical expenses.
"More than one million working people are being cut off food stamps.
"One million retirees face pension cuts dictated by the Obama administration."
Web Site
Both Hillary Clinton and Donald Trump are wealthy members of The Establishment.
Donald trump is "like every other corporate tyrant in that his solution to most things follows the logic of Stalin: no person, no problem. You're fired!
"Except as president he'd have other people-removing options, all of which he likes: torture, mass deportations, the banning of 23 percent of the Earth's population from entering the United States, etc.
"Donald Trump is no ordinary con man. He's way above average."
Trump advocates killing the families of terrorists.
With Trump as president, government debt could rise as high as 140% of GDP by 2026.
Donald ducks the big questions
Trump
Polls show that 46% of Americans of voting age have a 'very unfavourable' opinion of Donald Trump.
50% of American voters say they would be embarrassed to have Trump as president.
Michael Collins Piper tells us 'who is behind Donald Trump'.
In 1987, Donald Trump bought 93% of the voting stock in the Resorts International gambling business.
In 1978, Andrew St. George reported that Resorts International was originally set up and controlled by -
1. "Front men for the Rockefeller and Rothschild families.
2. "And, the Rockefeller and Rothschild's 'enforcers' in the CIA and Mossad."
Who Towers Behind Trump? | Michael Collins Piper
St. George alleged that some casino resorts have been run by mobsters who have assisted the CIA and Mossad in laundering drug and gambling profits which are then channeled into covert operations.
Who Towers Behind Trump? | Michael Collins Piper
St. George alleged that some casino resorts have been run by mobsters who have assisted the CIA and Mossad in laundering drug and gambling profits which are then channeled into covert operations.
"Resorts International evolved from a CIA front company set up in the early 1950s by Allen Dulles and his close associate New York Governor Thomas E. Dewey, of the 'Rockefeller' wing of the Republican Party.
"Investors in Resorts International included Meyer Lansky, David Rockefeller, Tibor Rosenbaum (linked to Mossad), and Baron Edmond de Rothschild."
In 1987, upon the death of longtime CIA front man James Crosby, the nominal head of Resorts International, Donald Trump bought Crosby's interest in the gambling empire.
Who Towers Behind Trump? | Michael Collins Piper
...
Daniel Hopsicker tells us more about Trump and the "Mobsters"
Trump himself had first come to prominence with his 1987 purchase of the Resorts International gambling empire.
"The real 'movers and shakers' behind Resorts International were suspected of remaining hidden from public view."
New Jersey magazine called Resorts International, in print, 'mob-tainted company.'
"At the time of Trump's purchase, Resorts International was widely reported to have deep ties to the CIA.
"The real 'movers and shakers' behind Resorts International were suspected of remaining hidden from public view."
New Jersey magazine called Resorts International, in print, 'mob-tainted company.'
"At the time of Trump's purchase, Resorts International was widely reported to have deep ties to the CIA.
" Its previous owner, James Crosby, founded Intertel, an internationally-known security company often described as a private Central Intelligence Agency, which listed among its clients billionaire recluse Howard Hughes, the Shah of Iran and Nicaraguan dictator Anastasio Somoza."
In 1980, Fortune business magazine reported, "The Lansky organization ... begins to move forward at Resorts International."
In 1980, Fortune business magazine reported, "The Lansky organization ... begins to move forward at Resorts International."
Labels: Apple iPod, Barron Trump, China, debt, Foodstamps, Louis XVI, Medicaid, Mexico, polls, poverty, protectionism, robots, Sanders, Smoot-Hawley, tariffs, tax, Texas, torture, Trump, Versailles
posted by Anon @ 00:59
4 Comments
4 Comments:
i think this "poor kid" is more happy than tramp's one. it is not about money or something, but i think they could starve in the future. Anyway, these images of poor babies are everywhere not only in USA...
http://sjlendman.blogspot.ro/2016/02/bbc-reinvented-history-of-war-in-syria.html
There isn't an answer to this, unless we have a limited power One World government. This government needs to have the power to tax the super rich at very high amounts. But in a world democracy why should people in poorer countries accept less than those in richer countries?
But without a one world government the rich can run rampant taking their businesses to where production costs are cheaper. But in a world democracy why should poorer people in poor countries accept limitations on the rich from transferring their factories and wealth to their countries.
Either way we are snookered.
The future of mankind looks grim. The mega rich and the crooks will rule the world, and they will be able to corrupt any One World democratic government anyway.
The conservatives say that no one owes you a living, and so the mega rich don't owe you a job either. When the rich abandon the West for the cheap labour elsewhere new entrepreneurs will come and start up job here, but when they turn into good jobs they will take them abroad.
Apart from the mega rich, everyone else in the world will live in poverty. Capitalism, which the Middle Class so adore, will be virtually dead. Then there will be only a handful of mega rich in the world and there will be hardly any demand because wages will be so low. The small amount of individual demand from the billions of people all from all over the world will keep the super rich in their mega opulence. They will be fabulously wealthy. But this is hardly the meritocracy that the Middle Classes dreamt of.
What's the solution? A guaranteed Basic Income given by the government which will be enough to live on and have a decent quality of life because automation and robots will be doing most of the work.
Automation and robotics came a out because of capitalist innovation, but this has mainly have run its course.
A Basic Income doesn't stop people from being innovative and starting up businesses to become wealthier. Capitalism can still exist, but with high taxes on the richest people to keep things in check.
Social Security and free health care for everyone in the world will stem population growth. Poor people often have large families to ensure that when they are old there will be someone who can look after them.
Carl Jung said how much more consciousness can man take. We can see into the future and the past and understand death, and horrible death. When poor people in the world only see misery in old age with no one there to take care of them then they have large families. What would you do if you were them?
We are at the most difficult crossroads, but if we get through this then there can be heaven on Earth. The Basic Income with good free old age care and health care, plus innovation and capitalism for those that want to compete, will keep technology moving forward.
Anarchy and libertarianism will not work in the modern world, only a collective solution will. Our need to compete and gain a bit more will be still seen as a plus to society, bringing products and services we all need, while not causing others to suffer because there will be the Basic Income.
I can't see any other way out of this. Pure capitalism cannot work in a world of increasing population, with money and businesses chasing the lowest wage costs. This is a primitive way to live. But we are the most sophisticated creatures. We are elegant.
Neoconservatives Declare War on Trump
Donald Trump’s runaway success in the GOP primaries so far is setting off alarm bells among neoconservatives who are worried he will not pursue the same bellicose foreign policy that has dominated Republican thinking for decades.
https://theintercept.com/2016/02/29/neoconservatives-declare-war-on-donald-trump/
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