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Very Hot Topic (More than 25 Replies) The Visable Hand (Read 769 times)
SicklersDink
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Re: The Visable Hand
Reply #70 - Aug 7th, 2018 at 6:37pm
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Jeff wrote on Aug 7th, 2018 at 7:44am:


The 5 bullet points as the lead-in to the story tells it all. Employers decide to dole out lots of overtime because in many cases it's cheaper than hiring an adequate workforce that will rightly demand a benefit package.

The big downside of doing that is increasing unemployment. The secondary spinoff is creatiing more income inequality.

This is another greedy capitalist flaw that all libertarians should at least be aware of. Speaking out against such employer practices is not in the cards.
  
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Jeff
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Re: The Visable Hand
Reply #71 - Aug 7th, 2018 at 6:46pm
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The 5 bullet points as the lead-in to the story tells it all. Employers decide to dole out lots of overtime because in many cases it's cheaper than hiring an adequate workforce that will rightly demand a benefit package.


You didn't read it.

It's the massive and unaffordable benefit packages they are using as an excuse to not hire more people, but the real reason is probably the bureaucratic culture- They think "Everybody else is getting away with it, we should get in on it and live happily ever after in high style". There are no penalties for scamming the civil service "rules".
  
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Snarky Sack
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Re: The Visable Hand
Reply #72 - Aug 8th, 2018 at 9:40am
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Jeff wrote on Jun 15th, 2018 at 8:38am:
Yes. You'd think someone would have mentioned it to Trump when he proposed his tariffs...

Where did the President get a unilateral power to impose taxes anyway? That's a power granted only to Congress, and they can't have legally ceded the power to the Executive without having the Constitution altered...

BTW, why did you attribute the tariffs to bureaucrats?


Trump is neither a constitutionalist, nor a libertarian.  He is a populist and putting tariffs on other countries who are blamed for American job losses is popular with the low-skilled workers who voted for him in droves in 2016 and will likely vote in larger droves in 2020.

The fact that his implementation of tariffs "worked" by prompting other countries to drop tariffs is a product of common sense in negotiations.  CNN said:
Quote:
"Cars is a big deal. This is a much bigger deal than steel," said David Henig, a former trade negotiator from the United Kingdom who worked on trade talks with the United States.

Cars worth €38 billion ($44 billion) are shipped each year from the European Union to the United States. It's the biggest export market for an industry that forms the backbone of manufacturing in Europe.

"Even now [EU officials will] be running through their statistics" to figure out how to retaliate against US tariffs on cars, said Henig.

https://money.cnn.com/2018/06/25/news/economy/europe-auto-tariffs-retaliation-tr...

But of course, what actually happened is:
Quote:
BERLIN—Germany’s leading auto makers have thrown their support behind the abolition of all import tariffs for cars between the European Union and the U.S. in an effort to find a peaceful solution to the brewing trade war.

The U.S. ambassador to Germany, Richard Grenell, brought the proposal for a broader industry trade pact to the Trump administration on Wednesday, according to people familiar with the situation.

That would mean scrapping the EU’s 10% tax on auto imports from the U.S. and other countries and the 2.5% duty on auto imports in the U.S. As a prerequisite, the Europeans want President Donald Trump’s threat of imposing a 25% border tax on European auto imports off the table.

https://www.wsj.com/articles/germanys-largest-auto-makers-back-abolition-of-eu-u...

So, surprise, surprise, Donald Trump knows more about negotiating than CNNMoney.  The problem, as it so often is with the left, is static reasoning.  Trump says he's going to put a 25% tariff on Euro cars and the left thinks, 'so now we'll have to pay 25% more for our Volvos forever and always.  There will be no other effects.'  The left never asks itself, 'so then what will happen?'


  

"Taxes are morally justified theft" - Jeff
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Jeff
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Re: The Visable Hand
Reply #73 - Aug 8th, 2018 at 10:34am
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Snarky Sack wrote on Aug 8th, 2018 at 9:40am:
Trump is neither a constitutionalist, nor a libertarian.  He is a populist and putting tariffs on other countries who are blamed for American job losses is popular with the low-skilled workers who voted for him in droves in 2016 and will likely vote in larger droves in 2020.

The fact that his implementation of tariffs "worked" by prompting other countries to drop tariffs is a product of common sense in negotiations.  CNN said:
https://money.cnn.com/2018/06/25/news/economy/europe-auto-tariffs-retaliation-tr...

But of course, what actually happened is:
https://www.wsj.com/articles/germanys-largest-auto-makers-back-abolition-of-eu-u...

So, surprise, surprise, Donald Trump knows more about negotiating than CNNMoney.  The problem, as it so often is with the left, is static reasoning.  Trump says he's going to put a 25% tariff on Euro cars and the left thinks, 'so now we'll have to pay 25% more for our Volvos forever and always.  There will be no other effects.'  The left never asks itself, 'so then what will happen?'


Very good points, but we still have to wait to see what happens, and we already know the steel and aluminum tariffs have increased costs to Americans and will most likely cost jobs.
  
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SicklersDink
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Re: The Visable Hand
Reply #74 - Aug 8th, 2018 at 11:15am
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Jeff wrote on Aug 8th, 2018 at 10:34am:
Very good points, but we still have to wait to see what happens, and we already know the steel and aluminum tariffs have increased costs to Americans and will most likely cost jobs.

Both of you need to try to think outside the US box. Trump will only succeed in isolating the US. And here's an example:

https://www.rt.com/business/435420-china-slaps-tariffs-on-us-goods/

China includes US cars and so the US will either have to pay up or there will be a shortage of cars coming into China. (not a bad idea but that's a different topic) And do China will turn to the Europeans for their shortage.

Effectively eliminating the US from the trade circle.

The US would need to gain the sympathy of the rest of the world if it wants to take on China. As it stands, China is much more likely to gain the sympathy of the rest of the world.

When a large and powerful nation such as Nazi Germany or the US decide to take on the world by resorting to unfair trade practices, it's already shown to not work. That's when they resort to taking on the world with military might.

Not to say that the US wouldn't be able to win a military fight. It's just that there's the MAD thing to worry about.
  
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SicklersDink
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Re: The Visable Hand
Reply #75 - Aug 8th, 2018 at 11:18am
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Not surprising that Snarky, an extreme rightist, would be backing fascist Trump tactics at this early stage of the game!

I have to wonder how a libertarian would see all this? Is there one around who has a clue and is interested in promoting their view?
  
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Jeff
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Re: The Visable Hand
Reply #76 - Aug 8th, 2018 at 4:17pm
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Not surprising that Snarky, an extreme rightist, would be backing fascist Trump tactics at this early stage of the game!

I have to wonder how a libertarian would see all this? Is there one around who has a clue and is interested in promoting their view?
Nobody wants to talk to you Dick.
  
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Jeff
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Re: The Visable Hand
Reply #77 - Aug 10th, 2018 at 8:05am
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When you give government (and government bureaucrats) the power to regulate, they will.

http://thecrux.com/big-tech-shows-net-neutrality-battle-was-about-power-not-an-o...

It's not a good sign when they want to regulate free speech out of existence so they can feel safe in seizing even more power...

Along the same lines, or maybe just something with the same theme, public funded colleges and universities are working along with the "progressives" in government who fund them to try to eliminate any and all diversity... When it comes to diversity of thought and expression anyway.

It's what I said about Obama's "Cabinet the looks like America" it was a bunch of rich lawyer/politicians of different colors and sexual preferences who all thought exactly the same way!

https://www.weeklystandard.com/hannah-yoest/rachel-custer-anders-carlson-wee-and...
  
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Jeff
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Re: The Visable Hand
Reply #78 - Sep 8th, 2018 at 9:52am
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Another example of the visible hand of government regulation-

http://reason.com/blog/2018/09/07/iowa-eye-surgeon-wants-to-open-his-own-c?utm_m...
  
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Jeff
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Re: The Visable Hand
Reply #79 - Sep 13th, 2018 at 7:48am
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Trumpian nationalism is having some potentially lethal effects-

http://thecrux.com/the-trade-war-will-get-worse/

This is probably why Russia and China are teaming up for their biggest war games ever...
  
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