To: DannyTN
Yup, just selfish: I failed to grasp right away how you, and the federal government, can solve our country's economic ills by raising my taxes, whether on an import I buy
or indirectly when the import's domestic competitor raises its own price as a result.*
_____
*Economic Myth #19 explained
31 posted on
11/13/2012 3:42:32 PM PST by
1rudeboy
To: 1rudeboy
That’s the key point. The federal government cannot pick winners and losers which includes our manufacturing sector. Our manufactures need to operate in a better economic climate through lower taxes, deregulation, and a more liquid labor market.
Protectionism squashes innovation, frugality, and creativity.
34 posted on
11/13/2012 3:53:30 PM PST by
Cheap_Hessian
(I am the Grim FReeper.)
To: 1rudeboy
I failed to grasp right away how you, and the federal government, can solve our country's economic ills by raising my taxes, whether on an import I buy or indirectly when the import's domestic competitor raises its own price as a result.*Wait one minute!
Next you'll claim that a 100% tariff on imported oil will raise the cost of our domestic oil.
Learn some economics, sheesh.
38 posted on
11/13/2012 4:52:10 PM PST by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: 1rudeboy
Competition between domestic competitors will keep prices low.
The domestic competitor will only raise it’s price if it’s the only domestic competitor.
44 posted on
11/13/2012 5:34:55 PM PST by
DannyTN
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