How Trump’s Trade War Will Hurt You

Trump followed through on one of his campaign promises by starting a trade war with our trading partners to help reduce our enormous trade deficits. The first shots fired in this war are tariffs on steel and aluminum imports in an attempt to help American steel and aluminum producers.

As with most wars, this one will have unintended consequences that will actually hurt the people it’s intended to help and make the problem worse. Trump’s presumed intention is to help the American economy by balancing the trade deficits, protect American companies and save American manufacturing jobs. In practice, a tariff on imports will make all three of these problems worse for these reasons:

American Manufacturers Will Be Less Competitive

If you want to make American manufacturers more competitive, then your aim should be to lower their costs of production. Since aluminum and steel are used as a raw material in the production of many manufactured goods, this tariff is crippling. Any company that uses aluminum or steel (cars, airplanes, appliances, construction) now has to pay more in order to produce their product. Many of these companies are hanging on by a thread trying to compete with lower cost areas of the world. Now their costs just went up even more and many will go out of business as a result.

American Steel and Aluminum Producers lose their American customers

While I am sure somewhere in Trump’s brain he thinks he is helping American Steel and Aluminum producers, he is actually hurting them. Even though these producers will see higher prices for their products, they will suffer because THEIR customers – the manufacturers that use steel and aluminum – will go out of business. Obviously, not all of them will go out of business, but even the healthier companies will scale back their business due to lower sales. Why will their sales be lower? That brings us to the final point…

Consumers pay more and lose their jobs

Because the costs of production for these American manufacturing companies will increase, many will have no choice but to increase the price of their products. Consumers, especially American consumers, don’t like higher prices. Most won’t know why prices went up but they will speak with their wallets by purchasing fewer of these products. As a result, American manufacturers will experience lower sales.

What happens when a company’s sales decline? Often, they lay some workers. If you’re afraid that robotics and machines are replacing humans jobs, wait until you see how fast those jobs disappear in a struggling economy with declining revenue.

And that is the irony of this bone-headed Trump move: he thinks he is helping Americans “win” again, but he is actually giving them higher prices and a pink slip.

The Real State Of the Union

With the onslaught of Global Warming striking destruction, and fear the United States faces ever greater challenges with each passing month. The severity of weather patterns all around the globe has only intensified the urgency that humanity is facing the most crucial point in our history. The forces of denial have already hastened the point of no return. With the clock ticking and time running out it is essential that cooler heads prevail. Yet, those climate change deniers cling to their convictions that all is well and good. But, as the wrath of nature rocks a splintered nation millions are continually thrown into an inferno of hopelessness and despair.

Today, the scientific community has sounded the alarm that the planet has at the most 12 years remaining before irreversible damage is done to all life forms all around the globe. As we are seeing right now with the scorching heat and violent storms that continue to annihilate, homes, businesses, lives and livelihoods right here in the US while other parts of the world face one catastrophe after another are all reminders that climate change is one of the most severe threats to all life. The time is now and we had better act to reduce and eliminate the effects of what fossil fuel has and is doing to our world before it really is too late.

With the advent of hurricane season coinciding with the severity and frequency of violent tornadoes and flash floods through-out the mid west and central United States the billions of dollars in damage with an already crippling economy makes it clear that decisive action is needed now to negate the root causes that has placed the United States in such great peril. Not only has our continued use of fossil fuel fueled the catastrophic weather patterns that have caused the greatest desalination point in the worlds oceans but the economic policies of not only the Trump Administration but past administrations have drastically increased the number of Americans from ever achieving the American Dream.

While the media keeps focusing on how well the economy is doing, but underneath this facade of all is well and good lies a mounting avalanche of an economic catastrophe that would make the financial crisis of 2008 look like a picnic. News that isn’t reported, I bet for obvious reasons, is a far cry from what is actually reported by the main stream media. In truth there are several facts that emphatically state quite the contrary to what the media keeps reporting about the state of the US economy. When there are over 137 million Americans faced with acute financial hardship due to medical bills with more Americans every month declaring bankruptcy due to the lack of medical coverage and the high cost of medical care is a sure sign this country needs Medicare For All.

This is just the start of the financial crack in our fragile economy. A crack that is only getting wider and pretty soon our whole economy will come crashing down on an unsuspecting public. All because the media is either oblivious to the facts or are intentionally steering the public away from the real state of our economy. With the retail industry continuing it’s decline is more evident each week when there where over 6,000 stores that closed in the first half of this year alone. More closures continue to showcase the disturbing signs that all is not well and good in the American economy.

Today, 50% of our population can’t meet their basic needs like food, shelter, clean fresh water and just about everything essential for day to day living. The disposable incomes for over 80% of the population is totally insufficient to meet today’s cost of living. The media keeps reminding us that we have a very low unemployment number but what they fail to report is that the United States has over 100 million Americans that don’t have jobs at all. Our once strong manufacturing base has only withered and died on the vine of all the corporate shifts to out source American jobs over seas. Today’s farmers are going bankrupt at a rate higher than they were in the 1970′s. Consumer spending has dropped to an all time low. All of this just adds another dimension to the nations critical condition.

When we add the Trumps tariff wars has only escalated and exasperated the crippling effects of our whole economic future. More to the point is the fact that the future is really in our hands but we must act with decisive action now, not latter, if we are going to not only survive but prosper. There are ways to do just that but we first have to realize just how bad things have gotten and use a plan of direction that details solutions to the many urgent crisis of our times. That plan of direction is what National Economic Reform’s Ten Articles of Confederation and the National Economic Security Reformation Act details. And when they are both implemented this nation and the world will become solidified in a much brighter future for all.

Artificial Intelligence and the Economy in the 21st Century

Artificial intelligence is a driving business force in this fast changing 21st century. AI is no longer an implausible futuristic vision, but a stark reality that is disrupting businesses worldwide. In the 21st century, companies are forced to rethink traditional market approaches and become more service – centric in order to remain relevant. Organizations such as Uber and air are perfect examples of 21st century enterprises. The application on the demand, always on technology that propel agility, simplicity, flexibility, and lean operators with customer experience at the core of their actions enabled new dawn of large or small organizations to leverage on the benefits of Artificial intelligence (A1) to succeed in the 21st century. Companies are gradually embracing A1 and its increasingly influence every aspect of business, especially consumer technology.

According to IDC, the worldwide market for cognitive systems, content analytics, and discovery software is expected to accelerate through 2020. As a result, there are speculations regarding AI growing role and whether that might adversely affect the job market.However, the purpose of automation is not to replace humans or dehumanization, but to enhance and augment human functions for improved productivity and efficiency.

The main key benefits of artificial intelligence are stated as follows:

1.Agility from orchestration: by harnessing the power of service integration and Develops, an agile and experience-oriented business, with programmable infrastructure, application releases, and catalog-based services, can be created.

2. Simplicity from autonomics: artificial and predictive analytics will self-healing, self-service, and proactive support, while minimizing waste and establishing elasticity. This will simplify enterprise system workings and enable up-place workforce to handle higher level tasks.

3. Being lean through automation: Automating repetitive tasks will result in waste reduction, workforce optimization, and efficiency point and improvements.

Despite the above disadvantages of AI, it will take several decades before AI will actually be replacing human intelligence. The horror scenarios of AI entities taking over the planet and killing off the human race is still part of science fiction. Although several futurologists predict the possibility of transferring the human mind into a body of a robot to seek immortality in 2050.

The combination of AI and nanotechnology will also make technological breakthroughs in the fields of medicine, energy, and production systems. The combination of AI and nanotechnology applied in solar panels will cause the price of renewable sources of energy to drop dramatically starting in 2025.

The question haunting many is related to the horror scenarios in which killer AI robots start hunting down humans to be killed. These scenarios have been made popular by Hollywood blockbuster movies like the Terminator. Although AI will be beneficial for the human race, it needs to be controlled. Without proper control mechanisms and protocols, AI robots might become hostile although it a highly unlikely scenario. According to Michio Kaku, AI robots will be truly beneficial for the human race. However, in the long term, AI robots must be controlled with various inbuilt mechanisms to prevent them from becoming too independent and autonomous with becoming hostile towards humans as a real possible future scenario.