[Rennes Templar]

“Currently, when we ship products out of America, many other countries make their own people pay very high tariffs and taxes — but when foreign companies ship their products into America, we charge our consumers almost nothing.”

“But of course, that would reveal the stupidity of the whole thing.”

Again I think he is presuming we realize this hurts our international competitiveness. But this is not stupid , it’s common sense.

[central_va]

Currently, when we ship products out of America, many other countries make their own people pay very high tariffs and taxes — but when foreign companies ship their products into America, we charge our consumers almost nothing` expect for increased social welfare costs, higher incone taxes, destroyed industrial infra structure, loss of technical knowledge and massive unemployment.

Fixed it for ya Jim! No charge.

[Jim W N]

No, it’s not common sense to shoot yourself in the foot because somebody else does.

But as I say, I think at some point, we’ll get back on track: letting the free market economy work its “invisible hand” to create the “wealth of nations” (Adam Smith).