Reagan was an isolationist fascist.....or something.
Reagan was for free trade, but not national suicide. It was more like opening up foreign markets for OUR goods.
Once Harley had recovered enough to make it on their own they asked that the tariff be lifted early.
How Trumpanesque!
Reagan, like Trump, was a nationalist. He was the last nominee from either party who was. Today’s uniparty has no place for nationalists in either wing.
He also put a tariff on lumber out of Canada. US producers merely raised their prices to match or almost match the taxed Canadian products. It was stupid, as are most tariffs. The Canadian lumber and the US varied widely in quality.
The Harley one was really stupid. At the time, the Japanese had nothing that really was in the Harley market. Harley too raised their prices when the tariff was in place. Now Harley people will pay most anything for a Harley and the associated paraphernalia. I tell my homeschooler that the path to wealth is to come up with something that every Harley rider has to have.
No proofreading at the NYT.700 cubic inch road bikes?Now that would be a real Hawg.
You just ain’t gonna beat a Japanese Kawasaki H2.
Get used to it and get one of each if you can still throw a leg over either one. Let the good times roll ...
https://www.youtube.com/watch?v=MY2z_3xYYgI&list=RDSWY47W_K8c8&index=8
Did Reagan take this tariff and make it a blanket policy, or did the rest of his term did he do the opposite?
These tariffs were temporary and were phased out over a five year schedule. The tariffs were successful in giving HD some breathing space. It’s not clear that these tariffs provide a lot of justification for tariffs except in very limited circumstances. For example, why do these HD tariffs, which affected only a very small part of the industrial base and very few consumers, justify imposing tariffs on something as broad as trade with China? Or, are these tariffs on Chinese goods expected to phase out over five years?
A good reminder, I’d forgotten about this.
We need to stop being the stupid people...
Did anyone tell Mark “I was a Reagan appointee” Levin about this? I guess it wouldn’t make any difference to the new and improved “Cheap Labor Express” Levin.
I started collecting bikes back in 2009, bought a 1980 Honda cx500, then two months later a new Yamaha 1300 cruiser, and shortly after that they seemed to just fall in my lap, at one point up to last fall i had 18 motorcycles, my top 5 are all big cruisers like two GL1500 Goldwings, two Yamaha Venture Royales, i had a nice Virago 750 and a Yamaha Vmax, sold them.
But never a Harley. Sure everyone wants one, you cannot get an older one cheap. But the metric bikes are a dime a dozen, and the Goldwings are very easy to maintain, doesn’t matter if they have over 100,000 miles, they keep on running. The ones i have are totally ready to ride cross country. They run so well that i have not had a strong reason to buy a newer Goldwing.
It just depends on build design and quality. And no i won’t knock Harley bikes, if anything i would love to buy an Indian, now that is a collectible bike!
It’s really too bad that chopper fans and crotch rocket fans don’t get along, as both of them are rather enjoyable toys. Both choppers and crotch rockets are also the targets of liberals.
The difference is Reagan wss president and Trump will never be president.
Quotas are another way to go, with the benefit they don't fund more crack for Fedzilla. Quotas though can cause temporary shortages that raise prices to the benefit of the foreign producers. Possibly something like a national quota system could be set up. If Americans buy $100 billion in Chinese goods and Chinese only buy $10 billion in American, shut down the docks until the Chinese buy $90 billion in something American, and not just Fedzilla funny paper.
Well, Reagan wasn’t perfect.