Discussion in 'Current Events' started by Wally, May 14, 2019.
Patrick Buchanan: Tariffs -- The Taxes That Made America Great
Buchanan has a fatal flaw in his argument. Consumers can’t just buy the same goods from American manufacturers at a lower price. For one they don’t exist and secondly a tariff raises the market price to accommodate the tariff. American sellers just raise their price to the new normal after the tariff and pocket the difference.
Yeah, ain't it great how Republicans are always all about the pain and the punishment? And if politicians want less stuff made in China to be sold in the US, maybe they should talk to American manufacturers who have moved their manufacturing over there! China didn't "make" then do it!
Hell, ask Trump -- his stupid MAGA hats are made in China. And Ivanka's ty fashion products (or did she go ahead and move her manufacturing to Ethiopia, because they are easier to exploit?)
Yep. Make it less attractive to ship jobs out of the USA. I'm all for that.
Never thought i see the day the liberals love china.
Think of tariffs as a replacement for inflation. There is no inflation to speak off. So that 2 percent goal for inflation, which raises prices is not there. Tariffs take the the place.
Did you notice the 10 percent tariffs on anything or did you just keep buying
Do you really believe that?
What they will probably do if tariffs become too burdensome is sell their products to other countries who will in turn sell them in the US.
Still cheaper than US labor.
That’s the crazy thing. If tariffs are a tax, people seem to embrace them. But a tax is a loathesome burden.
Either way, Americans keep buying. They just shouldn’t believe in tax cuts.
High tariffs added to the great depression
Yes it was one cause but the?money supply was smaller and less products
Corporations got a tax break. They went down to 21 percent, which is another reason tariffs can be raised. Nobody is going to pay attention to paying a dollar more for something
An there was a run on the banks, which was another cause
Not to mention we need to get are tech out of china and back to the u.s for national security
A dollar here, a dollar there...pretty soon you’re into the billions.
Why would they come back here?
Too much cheap money, easy credit and when our government tried to pay the bills by putting tariffs on other countries, they just raised their tariffs and nobody was selling anything. It went downhill from them.
The only difference now is that the government can print money as they wish we aren't in the gold standard anymore.
eco omy was smaller back tben
ask the tech companies
and right now is the time to do it
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