Posted on 11/13/2013 6:49:41 AM PST by Qbert
Who knows. No one seems to be better than Goldman at having its tentacles inserted everywhere.
So they want to be the new East India Company - ok then.
I’ve noticed a trend since the mid 2000s that business wants Canadian style health-care. They don’t want HR to be doing this stuff, or having to pay premiums. They’d rather be lump sum taxed into a single payer or pure socialist system. And they sure don’t have any conservative values in general. While people rightfully bash the government, business (big and small) are also just as bad.
If anyone thinks that a middle class person siding on either side is going to be better or worse off, they’re fooling themselves.
Sorry for the delay.
I think the solution is that America needs to protect American production with some sort of tariff.
I have decided a 10% input tariff makes sense to me.
That is, we charge 10% on anything (anything) imported. But nothing on goods made right here.
The 10% goes to help pay down the 17 trillion we currently owe.
And American jobs start coming back, to America.
That’s my stand.
Ever heard of a trade war? It's what happens when one trading nation slaps a tariff on their partner nations' imported goods, and the partner nations 'shoot back' with tariffs of their own.
Now what have we accomplished by imposing the tariff? Consumer prices just went up for people in all of the participating countries. Did it cause a single job to cross borders? Nope. Not a single one.
Your solution is one based in punishment, not reward, which is why tariffs have never worked.
Well we evidently are on completely polar opposite positions.
:D
I say it’s time to look out for American jobs.
If it provokes a trade war, then jobs will come back to America, actually.
It appears that you failed to follow the short exercise in logic I just presented to you.
If we impose tariffs on imported Chinese goods, what do you think the Chinese are going to do with American exports? Well, they're going to slap a tariff on them.
Now that there's a tariff going both ways, how will that encourage American businesses to bring manufacturing jobs back from China? If they come home, their operating costs are going to rise significantly, and now there'll be a Chinese government imposed tariff to pay on everything they want to export to that country.
All you've accomplished is to enrich two governments at the expense of businesses and consumers in both countries.
You've got to think like a businessman instead of a politician if you want to find a solution to this. Business goes where profits are best. The cost of doing business will have to rise in China, or fall in America, before you see the shift in manufacturing and jobs you're looking for.
Figure out how to make either one of those happen, and you'll have solved it.
I’ll tell you what.
You do those things.
I’ll advocate for aggressively turning our trade balance upside down, and straightening out a massive trade deficit which keeps getting worse.
$17,000,000,000,000.00
And growing...
I hope you don't think the lack of a tax on imported goods is the cause of our trade imbalance with China. Imposing a tariff is exactly the sort of solution the Democrats would salivate over. More money for big government - higher prices and fewer jobs for consumers.
Let me repeat myself:
$17,000,000,000,000.00
That is seventeen trillion dollars. America owes seventeen trillion dollars currently.
YET WE BUY, WAY MORE, THAN WE SELL.
What the h&#$ is wrong with everyone?
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