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Its comingI say tax china for all their imports we buy...
I say tax china for all their imports we buy...
Trump is all over that shitIts coming
And?You know utc owns carrier right?
Connect more dots
You know utc owns carrier right?
Connect more dots
Fill me in. United technology owns carrier and so that means?
$3 per hour is the wage they pay in Mexico. Holy shit.
Pretty sure you know the answer to that. Tariffs for imports and tax breaks for USA companies that keep jobs here.Labor rates in China and Vietnam are somewhere between $.50 & $.75 and hour.
How do you bring jobs back to US when that is what we are competing with?
Please let her explain it!
It's leveraging of defense contracts...what pays for defense contracts?
Utc owns Hamilton sunstrand (formerly Hamilton standard), sikorsky, pratt...which btw..all of those used to be separate entities and didn't share the same umbrella. How many jobs do you think were lost for those acquisitions...
Corporate America making deals with our climate change..and our taxes..
And everyone praises nearly a thousand jobs! Like it's the lottery..what about the other estimated 400-1000 they didn't keep?
Relaxed environmental restrictions sound like a great idea for my children to inherent
Look..I don't expect to get any die hard trump fans to open their eyes so I'm done with the subject
Pretty sure you know the answer to that. Tariffs for imports and tax breaks for USA companies that keep jobs here.
It's leveraging of defense contracts...what pays for defense contracts?
Utc owns Hamilton sunstrand (formerly Hamilton standard), sikorsky, pratt...which btw..all of those used to be separate entities and didn't share the same umbrella. How many jobs do you think were lost for those acquisitions...
Corporate America making deals with our climate change..and our taxes..
And everyone praises nearly a thousand jobs! Like it's the lottery..what about the other estimated 400-1000 they didn't keep?
Relaxed environmental restrictions sound like a great idea for my children to inherent
Look..I don't expect to get any die hard trump fans to open their eyes so I'm done with the subject
Yeah! Fuck it! Lets just call it quits.Stop looking at the small picture. There will be no tariffs, trade wars or any of that other horseshit. Foreign investors already own us and Trump is too fucking stupid to see it. China already devalues their own currency to keep our debt lower.
1000 jobs LOL give me a break.
China and U.S. Debt
The largest portion of U.S. debt, 68 cents for every dollar or about $10 trillion, is owned by individual investors, corporations, state and local governments and, yes, even foreign governments such as China that hold Treasury bills, notes, and bonds.
Foreign governments hold about 46% of all U.S. debt held by the public, more than $4.5 trillion. According to the Treasury, the largest foreign holder of U.S. debt is China, which owns more than $1.24 trillion in bills, notes, and bonds or about 30% of the over $4 trillion in Treasury bills, notes, and bonds held by foreign countries.
In total, China owns about 10% of publicly held U.S. debt. Of all the holders of U.S. debt China is the third-largest, behind only the Social Security Trust Fund's holdings of nearly $3 trillion and the Federal Reserve's nearly $2 trillion holdings in Treasury investments, purchased as part of its quantitative easing program to boost the economy.
The current $1.24 trillion in U.S. debt is actually slightly less than the record $1.317 trillion held by China in 2013.
You have to make it attractive to keep jobs in the US, I agree. The big balls, little brain approach hasn't worked ever. That's all I'm saying.
I'm happy for the workers at Carrier, kinda. They are going to have to take cuts to keep their jobs.
Here's a great read on national debt...as it states you can win any argument regarding debt depending on which way it's calculated but points out that attributing the nation's debt to any given president isn't entirely accurate.
NOT and Obama defense btw...but a way at looking at at least three sides of the big picture.
https://www.thebalance.com/national-debt-under-obama-3306293
I dunno, 10 TRILLION is a awesome lot in 8 years. Doubled under Obama.