• Super Tuesday - most polling booths close at 7pm EST
    665 replies, posted
[QUOTE=Code3Response;49846047]Do you know what a tariff is? Its making international goods more expensive. Not domestic products. Tariffs are used to protect domestic business.[/QUOTE] I really don't understand what you're trying to say here. What kind of "international goods" are going to have tariffs placed on them, and which "domestic products" are going to benefit from a larger market with those imports out of the picture?
[QUOTE=Rangergxi;49845818]Hilary's massive support from the black community is both hilarious and tragic. The Clintons hardly deserve their reputation.[/QUOTE] A Canadian attempting to lecutre black Americans about who's REALLY best for them. Are you serious?
[QUOTE=ROFLBURGER;49846087]THATS WHAT IM WORRIED ABOUT[/QUOTE] Hmm I feel it is the best possible outcome for America.
I'll be Happy If Sanders only lose by 10 points in the race also Toxx for if Bernie Sanders wins the whole Super Tuesdays ( as in all state votes combined ) and he beats her by at least %5 I will take a 2 week toxx
[QUOTE=Headhumpy;49846090]I really don't understand what you're trying to say here. What kind of "international goods" are going to have tariffs placed on them, and which "domestic products" are going to benefit from a larger market with those imports out of the picture?[/QUOTE] A product from china costs X, a product from the US costs X+1. US product costs more cause they pay higher wages. People therefore buy the product from China that costs X Tariffs increase product from china to X+2, therefore people buy the X+1 costing product from the US. Company making X+1 costing product from the US have higher profit margin, they can hire more people and expand their business. Obviously simplified to the point that I feel dumber for even typing this This applies to damn near any manufacturing job.
[QUOTE=Ziron;49846126]A Canadian attempting to lecutre black Americans about who's REALLY best for them. Are you serious?[/QUOTE] Hillary Clinton is not as good as Bernie Sanders on racial justice issues
[QUOTE=theevilldeadII;49846153]I'll be Happy If Sanders only lose by 10 points in the race also Toxx for if Bernie Sanders wins the whole Super Tuesdays ( as in all state votes combined ) and he beats her by at least %5 I will take a 2 week toxx[/QUOTE] Ill add this to the thread soon, good luck
[QUOTE=EcksDee;49846088]Except [B]consumer spending increases when there's more and better paying internal jobs[/B] Consumer spending only decreases when [I]they have less money[/I], which happens when [I]they have no job[/I], which happens when [I]jobs are sent overseas to child and slave labor markets[/I] Like I could put it into a syllogism for you if you want.[/QUOTE] You create jobs in the industry that you protect, but the knock-on effects of higher costs (both for consumers and for other industries that rely on the outputs of that industry) leads to decreased economic output. Overall the effect on jobs is negligible, and the impact of higher costs damages the economy. Unless you protect the whole economy, of course, in which case you become North Korea.
Just went out and voted! I did my part.
[QUOTE=EcksDee;49846160]A product from china costs X, a product from the US costs X+1. US product costs more cause they pay higher wages. People therefore buy the product from China that costs X Tariffs increase product from china to X+2, therefore people buy the X+1 costing product from the US. Company making X+1 costing product from the US have higher profit margin, they can hire more people and expand their business. Obviously simplified to the point that I feel dumber for even typing this This applies to damn near any manufacturing job.[/QUOTE] But there's still a net +1 increase in the cost of living then. You said that consumer spending decreases when people have less money. If products cost more, then people have less money, or their money isn't worth as much.
Good job, wystan, I'm proud of you! Trump 2016!
[QUOTE=Headhumpy;49846090]I really don't understand what you're trying to say here. What kind of "international goods" are going to have tariffs placed on them, and which "domestic products" are going to benefit from a larger market with those imports out of the picture?[/QUOTE] The point isn't that existing domestic products are going to benefit, it's that products that were previously produced domestically and would be tariffed as to make them more costly than if they were produced in the US, and thus most would return to be domestic products. Perhaps you'll say "why would those companies come back?" The US is the third largest country by population and has the highest GPD of any country, by far. That is an absolutely massive consumer market. If those companies don't come back, new companies will open within the US and be able to undercut those companies being tariffed, that's how the market works.
[QUOTE=Headhumpy;49846090]I really don't understand what you're trying to say here. What kind of "international goods" are going to have tariffs placed on them, and which "domestic products" are going to benefit from a larger market with those imports out of the picture?[/QUOTE] International meaning imported. Domestic products do not change in price. The point of a tariff is to give the domestic product a better market. Before tariff- US good is $15, China is $10. After tariff, US is $15, China is $20.
[QUOTE=EcksDee;49846160]A product from china costs X, a product from the US costs X+1. US product costs more cause they pay higher wages. People therefore buy the product from China that costs X Tariffs increase product from china to X+2, therefore people buy the X+1 costing product from the US. Company making X+1 costing product from the US have higher profit margin, they can hire more people and expand their business. Obviously simplified to the point that I feel dumber for even typing this This applies to damn near any manufacturing job.[/QUOTE] Except that less people are going to buy this product now that it costs more. The only industry where this really works is the commodity food industry, and guess what, it's already protected by massive farming subsidies that result in wastage and inefficient allocation of resources.
[QUOTE=DaMastez;49846216]The point isn't that existing domestic products are going to benefit, it's that products that were previously produced domestically and would be tariffed as to make them more costly than if they were produced in the US, and thus most would return to be domestic products. Perhaps you'll say "why would those companies come back?" The US is the third largest country by population and has the highest GPD of any country, by far. That is an absolutely massive consumer market. If those companies don't come back, new companies will open within the US and be able to undercut those companies being tariffed, that's how the market works.[/QUOTE] But there would still be an increase in the cost of living. Companies aren't going to eat thE cost of moving back into the united states (which IS a net cost), they're going to increase prices.
Anyone have a website with all the results on one single page? Best I've managed to find: [url]https://www.washingtonpost.com/2016-election-results/super-tuesday/[/url]
[QUOTE=Code3Response;49846229]International meaning imported. Domestic products do not change in price. The point of a tariff is to give the domestic product a better market. Before tariff- US good is $15, China is $10. After tariff, US is $15, China is $20.[/QUOTE] How is that giving it a better market, who the hell is going to go "oh boy this thing I used to buy just increased in price by 50%, lets go get more of it!"
[QUOTE=Code3Response;49846229]International meaning imported. Domestic products do not change in price. The point of a tariff is to give the domestic product a better market. Before tariff- US good is $15, China is $10. After tariff, US is $15, China is $20.[/QUOTE] Do you mean the same good produced in different countries, or do you mean, for example, putting higher taxes on companies like Honda or Nissan to give ford preferential treatment? If it's the latter, I see two things happening: the price of a ford increases when they move their factories back from mexico, and there being less choice for consumers overall who will now potentially have to pay more monry for an inferior product because there's anti-competitive tariffs in place to hurt japanese companies, which could be making a better product
[QUOTE=Headhumpy;49846186]You create jobs in the industry that you protect, but the knock-on effects of higher costs (both for consumers and for other industries that rely on the outputs of that industry) leads to decreased economic output. Overall the effect on jobs is negligible, and the impact of higher costs damages the economy. Unless you protect the whole economy, of course, in which case you become North Korea.[/QUOTE] So, somehow the economy worked just fine and people were able to buy products and there was a far smaller gap in wealth before companies shipped vast amount of jobs overseas and minimum wage fell far behind. But going back to that situation is completely impossible because reasons?
[QUOTE=Headhumpy;49846244]How is that giving it a better market, who the hell is going to go "oh boy this thing I used to buy just increased in price by 50%, lets go get more of it!"[/QUOTE] Because it's an elastic market. They would stop buying the Chinese product and buy the US product. No rational person would pay more for a product in an elastic market when there's a less expensive option available.
[QUOTE=proboardslol;49846231]But there would still be an increase in the cost of living. Companies aren't going to eat thE cost of moving back into the united states (which IS a net cost), they're going to increase prices.[/QUOTE] If the companies that move back don't want to eat the costs in their massive profit margins, then another company will come along and make the product cheaper.
[QUOTE=Ziron;49846126]A Canadian attempting to lecutre black Americans about who's REALLY best for them. Are you serious?[/QUOTE] Should always lecture people who are wrong though. Hillary has like over thirty years of experience, and yet during that time she's supported the programs that have [I]disproportionately[/I] jailed black Americans. (only when she's not being recorded or talking to an audience of voters, of course. Then she says whatever she needs to get elected) Meanwhile, Bernie got arrested in 1963 for protesting segregation, at a time when it wasn't comfortable to maintain the status quo, like Hillary has done her entire life. When Hillary needs the black vote (a weird term but we'll go with it for now) she says that black lives matter, but out of that context she supported policies that were responsible, to some extent, for mass incarceration. Same with her stance on gay marriage, her being a "moderate" etc etc.
[QUOTE=proboardslol;49846254]Do you mean the same good produced in different countries, or do you mean, for example, putting higher taxes on companies like Honda or Nissan to give ford preferential treatment? If it's the latter, I see two things happening: the price of a ford increases when they move their factories back from mexico, and there being less choice for consumers overall who will now potentially have to pay more monry for an inferior product because there's anti-competitive tariffs in place to hurt japanese companies, which could be making a better product[/QUOTE] Honda has factories in the US, Nissan has factories in the US, Toyota has factories in the US, etc...
[img]https://pbs.twimg.com/media/Cce94hbXIAUudb7.jpg[/img] Twitter cracks me up sometimes.
First election I've ever voted in! There was a line for the Republican caucus all the way down the street in my precinct. Luckily, the Democratic side had maybe two people total voting at a time :v:
[QUOTE=Bradyns;49846239]Anyone have a website with all the results on one single page?[/QUOTE] Not a single page but [url]www.decisiondeskhq.com[/url] is your best bet
[QUOTE=Zenreon117;49846292][img]https://pbs.twimg.com/media/Cce94hbXIAUudb7.jpg[/img] Twitter cracks me up sometimes.[/QUOTE] Trump has historically been all over the place, too. It's safe to say he's the least conservative person running for the Republican nomination.
Trumps success in this campaign makes me feel like I'm in some sort of long standing nightmare that I cant wake up from Why cant we go back to making fun of him as the joke candidate like we did in 2012, those were simpler, better times.
[QUOTE=DaMastez;49846258]So, somehow the economy worked just fine and people were able to buy products and there was a far smaller gap in wealth before companies shipped vast amount of jobs overseas and minimum wage fell far behind. But going back to that situation is completely impossible because reasons?[/QUOTE] It's possible. It's just not ideal, because the economy could be doing something else with those extra people. Structural unemployment sucks but the solution isn't to "bring those jobs back" by giving an economic shelter to particular industries, because that makes your economy less competitive. [QUOTE=Code3Response;49846260]Because it's an elastic market. They would stop buying the Chinese product and buy the US product. No rational person would pay more for a product in an elastic market when there's a less expensive option available.[/QUOTE] If the product was more expensive than before then less of it would be sold. If I bought 12 widgets a year at $10 dollars each, and suddenly the price rose to $15 per widget because they are now manufactured locally, I would now be buying just 8 widgets a year. Or if I absolutely must have 12 widgets a year, then I'd be spending more on widgets and less on other things. Neither case is beneficial on the whole because although the company enjoys greater revenues, I get to enjoy less widgets, or my cost of living goes up.
[QUOTE=Bradyns;49846239]Anyone have a website with all the results on one single page? Best I've managed to find: [url]https://www.washingtonpost.com/2016-election-results/super-tuesday/[/url][/QUOTE] There's also this. Looks like it might be decent. [url]http://www.foxnews.com/politics/elections/2016/primaries#[/url]
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