Just to make sure I understand... are you commenting on my quote:
“Sorry for the long reply, but your model of protectionism would only lead to one thing. The destruction of profitable companies and instead the replacement by Union and government connected companies. You may as well say you want Fascism to help save the day.”
I’m not sure how you took that and thought that somehow I implied any tariffs or levies to be Fascist? That is not at all what I was saying.
Instead my point was one about protectionism and what could easily happen in our society. (In my opinion)
Companies who are the best connected politically, or Unions that could influence the government etc, would be the companies who succeed in a closed economy approach. (Which my comment was targeting-The previous poster saying massive Tariffs to effectively create a non-competitive marketplace)
There should always be some fee imposed on imports as it costs us money to provide for the infrastructure to access buyers, but it shouldn’t be put in place to stop competition!
Cheers,
If that competition is predatory, we certainly should.
Why would we not?
And no, not everyone can re-train to be a doctor or an electrical engineer. There are some people who can only manage a simple repetitive task, God bless them, IQ being a factor.