“And Trump thinks Tariffs will help. All Tariffs will do is raise prices.”
Horse dung. The first hundred years of our history we were run on tariffs and liquor excise taxes. We are the market where everyone wants to sell. They either pony up for the privilege of using slave labor and sweatshops...OR they move production here and our economy explodes that way.
And his chart on government assistance is wildly inaccurate. To hear him tell it, republicans are the welfare problem in America.
Exactly. Is free trade better? Sure, but being in a trade war where only the other side is fighting is the worst option of the three.
Right. Doesn’t pass the smell test. I checked out the “Fact Check” he linked to in his “opinion” piece. See my post just above.
Horse dung. The first hundred years of our history we were run on tariffs and liquor excise taxes. We are the market where everyone wants to sell. They either pony up for the privilege of using slave labor and sweatshops...OR they move production here and our economy explodes that way.
************************
Exactly,
I’m sick and tired of hearing from the import/export company crybabies.
They can pay their tax just like other consumers and businesses do with sales taxes.
The import company after paying the tax will have many choices:
1) try and raise prices, passing costs to consumers.
2) absorb costs on their spread or mark-up
3) Drive down pricing of the foreign producers
4) invest in domestic production
Whatever they do.......I don’t give a crap.