Posted on 05/08/2016 5:49:19 AM PDT by TigerLikesRooster
Goolsbee the Obama LACKEY is the “conservative”????
What a JOKE.
I appreciate the link, FRiend. No need for sarcasm.
No one said tariffs are bad. But they do have consequences. If the govt taxes something that increases its price. Fine for the govt, not so good for the buyer. Artificially high prices slow down the economy, like friction in the machine.
There are lots of tradeoffs. Lets hope President Trump knows about them when he acts.
We have so many types of taxes at our disposal. Is an income tax, sales tax or a tariff going to most promote constructive behavior in this country? Should we just tax property and go back to property ownership as the determiner of voting rights?
We have a lot to re-engineer or deconstruct to get back to “healthy.”
Breaking the paradigm is a start in the right direction.
Very interesting article. Thank you!
The author has a fascinating outlook - that deals are one sided, somehow different from transactions. I view the economy as the result of billions of free, informed transactions, each being an agreement, each being a deal.
I don’t see how one can define a transaction as “one-sided” if both sides are fully informed and agree to it, however much finagling goes on. The only way to create a “one-sided” transaction is by deceit or force.
I think the real problems are created when force (law) interferes with the free market and distorts prices (taxes, tariffs, minimum wage, rent control, etc.).
To be sure, monopolies can be a problem and need oversight. But, IMHO, many times we define monopolies in inappropriate ways.
As I previously stated, I’m concerned about Mr. Trump’s knowledge in this area relating to economic impact.
I’m also relieved that the author of this article isn’t running for president. :-)
Long overdue! ;-)
Trumpinator...you called me a traitor and said I should be hung. I hope a moderator zots you because you are a true D1ckh3ad.
If the treason charge fits.........
Marx thought free trade would hasten the proletarian revolution. Who on this thread would be stupid enough to argue the same? Oh, wait.
Marx was a loon when it came to creating working Communism(which has never worked) but his methods of subversion were very effective. One should be concerned when our enemies promote something they intend to use to subvert our nation.
Again, who is arguing the same on this thread?
Which is great because so-called free trade is terrible for America and is anything but free.
I heard all of this nonsense when Japan was rising in the 1980s. Protectionists see bogeymen everywhere.
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