To: Rusty0604
Exactly so. If government would get the hell out of the way, and let us compete, our economy, and the global economy, would be much better off. Unfortunately, Trump is focused on the Chinese and their alleged currency manipulation instead of legitimate issues like lowering taxes, eliminating regulations, denying the unions, and telling the trial lawyers to get lost.
Too many FReepers think that slapping a tariff on something is going to do something other than raise prices. Trump's proposed solutions are based on emotions rather than economic reality. The author of this article is correct.
26 posted on
08/26/2015 7:10:34 AM PDT by
Mase
(Save me from the people who would save me from myself!)
To: expat_panama
Pretty good discussion going on over here.
28 posted on
08/26/2015 7:16:49 AM PDT by
Lurkina.n.Learnin
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: Mase
Currency manipulation does hurt our exports, but if our producers keep leaving the country because of the bad business environment, that won’t be a problem.
To: Mase
Trump is focused on the Chinese and their alleged currency manipulationI've seen discussion that the Chinese have inflated their money supply much, much more than we have since 2008. And based on their fake economic stats, their currency may be as much as 50% overvalued versus the dollar.
If they truly floated their currency, to end their manipulation, it could tank instead of soar.
30 posted on
08/26/2015 7:21:15 AM PDT by
Toddsterpatriot
("Telling the government to lower trade barriers to zero...is government interference" central_va)
To: Mase
Too many FReepers think that slapping a tariff on something is going to do something other than raise prices. And far too many seem to have no idea how many US jobs are completely dependent on imports. Tariffs will kill many of those jobs off long before any new, domestic manufacturing jobs can arrive to replace them.
32 posted on
08/26/2015 7:30:00 AM PDT by
Mr. Jeeves
(Heteropatriarchal Capitalist)
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