Liberation Day! ADP Jobs Report Celebrates . . . . . + 21,000 manufacturing jobs

DOGE a mirage.

Allan

Oh man…loved those tomatoes. Big beefsteaks were the best.

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They said we couldn’t grow good wine grapes and look how that turned out.

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:rofl: Cool.

Which crop that we currently grow, which farms that we currently use to produce ā€œxā€, which workers who are currently doing ā€œyā€ should we recruit into this newfound industry growing vanilla because we’ve decided we don’t like Madagascar?

People talk like there’s no such economic concept as scarcity except when it comes to funding the government.

I’ve got a better idea (but @WuWei won’t like it.)
Stuff we cannot make/grow here (like vanilla beans) we just tax it and thereby reduce the deficit.

Which is better deficits or taxes?

ā€œWeā€? Don’t worry about it, it’ll take care of itself.

As soon as the need gets ā€œlucrativeā€ enough, somebody will fill it.

I’m fine with it. As soon as the tax reached the point of diminishing returns, somebody will grow it here.

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Or . . . people will buy imitation vanilla
Or . . . people will use less vanilla and more of something else
Or . . . vanilla will be taxed. (I am not sure that deficits are always and everywhere better than taxes.)

I don’t really care about the deficit with Madagascar or vanilla. I don’t like it when some crit says Americans can’t do something.

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Well the thing is
if they can grow spinach in manhattan
($0.89 to $2.23 per pound in suburban supermarkets)
they can grow vanilla beans in manhattan
($70.30 to $111.35 per pound in suburban supermarkets)

Or have libs abandoned that whole ā€œbuy localā€ thing since there is an (R) in the Whitehouse?

image

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Because that’s what ā€œreciprocalā€ means, to put tarrifs on all countries that put tarrifs or other trade barriers on the US. RECIPROCAL! Why is that a difficult concept for you guys?

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Compared to France Napa and Sonoma are tiny. Yes great wines but bottle to bottle much more expensive for similar quality and much much lower production levels. Still a hoot!

But regardless today nearly all vanilla comes from Madagascar.

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You pin won’t reduce the deficit becuae your tax will stifle economic activity which will lower tax receipts.

Or people will
Stop
Buying vanilla ice cream.

I know what it means. I’m asking why would you do it.

It’s not about whether or not we CAN. We can produce textiles too - and probably do it better than anyone in the world. We can probably make better plastic toys than any country in the world.

But resources are scarce and we can’t produce everything.

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We spent decades creating a vanilla market in Madagascar for US buyers like McCormick. Deidicated USAID to making a viable market for a US company while supporting Madagascar communities.

Trump comes along and blows it up overnight because the people of Madagascar and their $400 per capita income don’t buy enough from us

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And if China (and Vietnam) allowed land ownership, and labor unions, and allowed people to move out of towns with a labor surplus and into other towns.

And if China didn’t have two currencies (as a non-tariff barrier to trade)

And if China didn’t manipulate its currency.

And if China didn’t subsidize steel and autos and energy and fish farms etc.

Then what would the market likely choose as best uses of our scarce resources?

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We can make and grow literally anything here. If it can be made in the world it can be made in the US. But we face tradeoffs…

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