Posted on 04/11/2016 5:10:50 PM PDT by 2ndDivisionVet
You damned bettcha.
The same "experts" who have led us into multi-TRILLION dollar debt.
Um, no. The opposite experts in fact.
Protectionism helps a few connected citizens to the detriment of the no connected.
The same people getting screwed would get screwed worse.
If these people are experts then our teaching of economics at all grade levels is appalling. We’re already bad at math and science as a nation. You can add accounting to that list too.
I am sure the same experts that supported GATT, Nafta, TPA, TPP, etc.?
Ted would fit in well with this group.
I presume Apple would be high on Trumps Target List. His deal for Apple: Fire those 500,000 Chinese and bring your manufacturing back to the U.S. or I will tax all your iPhones and iPads.
Or something like that.
Is that really a good idea? Do we really the U.S. Government making these kind of business decisions?
I don’t think so.
Um, no yourself. The phrase "protectionism" describes the abuse of tariffs. The non- use of tariffs in an uneven regulatory playing field is, indeed, sabotaging this country. That's WHY China and India don't impose American level tariffs. Denying this simple, obvious fact isn't even stupidity - it's lying.
You know who else loves free trade? That German guy from the 1800s who gave birth to the wretched political system that bears his last name and is the same as Groucho.
Straw man argument. China would be the target not Apple.
Oh, like the sugar tariffs and import restrictions that only help a few wealthy families while sending candy manufacturing to Canada? Gotta love all those unemployed in PA and NY.
Want to add a 45% tariff on foreign cars? Sure, wipe out our car companies from selling in those countries. And kiss the jobs in Smyrna, TN (they make Nissans); Tuscaloosa, AL (they make Mercedes); Chattanooga, TN (Volkswagon) and SC where they make BMW’s.
Don’t those countries want “their jobs back”???
Those “Taxes” will have to be structured so that the companies, not the consumers actually pay them not an easy feat to accomplish.
Had a few of the local Rochester brains on...they had no problem with the tariff...saying.....if that’s what levels the playing field...
Donald Trump played up his plans to tax companies that move jobs out of the United States as he tried to appeal to blue collar workers in a New York rally Sunday
>>You know who else loves free trade? That German guy from the 1800s who gave birth to the wretched political system that bears his last name and is the same as Groucho.<<
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Of course. The first globalist.
“Free Trade” is part of the formula for giantism, along with fiat money that becomes a weapon of mass destruction in government crony hands against local, entrepreneurial businesses. Marx and Lenin loved the idea of giant organizations because they could be more easily controlled by government bureaucrats and eventually taken over.
Tariffs boil down to nothing more than taxes on imported consumer goods. Consumers, (that’s us) always end up paying every penny of the tarrifs through higher prices. Why doesn’t Trump seem to know this?
No, not like those examples. Rather as a single component of an overall trade strategy.
A very, very important component.
Should cops be disarmed because some cops misuse their weapons? Same thing. If tariffs send candy manufacturing to Canada, then deny Canada import profits where it hurts them, cut them off on other trade deals if they take advantage of our vulnerabilities, deny them favoured trading partner status, etc. Cut off easy travel to the country, direct American tourists elsewhere. In other words, fight back systematically. Single examples of trade idiocy don’t validate a concept.
And why should any country be allowed to sell in America that doesn’t pay the same wages and follow the same regulations we do here? And why should our wages and regulations be so ridiculous that we can’t compete on the world stage? Why are countries that use virtual slave labor allowed to compete with us at all? Why are our corporations allowed to use foreign slave labor? To compete with what? The drive towards the global bottom? That’s what you see now - a false business reality created by bureaucrats and CEOs selling out to placate tyranny in other countries. This isn’t economic “reality,” it’s CREATED economics, IMPOSED economics, to achieve global totalitarian POLITICAL GOALS.
Wake up!
It is the threat of tarriffs from a serious President who understands trade and is not bound by special interests and lobbyists to actually implement them that will do the trick. A form of “jawboning” backed up with political will and tough but fair negotiation.
Of course we do! We're AT WAR ALREADY with China. Trade, manufacturing, buying property in the US, commercial/military intelligence operations, technology theft, subversion, currency, PC psy ops, media control... my God, what's not to see?! And Apple isn't a "business," it's a multinational corporation larger than many countries. They ARE a US asset in this cold war with China. So the question is whether they accept that status as a US company or not. Your precious Apple, BTW, hacks the crap out of their products when China demands it, but not when the FBI wants it. Control Apple? We'd better!
Sheesh!
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