John F Di Leo
Posted on 03/02/2018 5:45:21 PM PST by jfd1776
More globalist panic as their agenda is dismantled.
Riddle me this John F Di Leo. The rest of the World imposes a value added tax on goods sold in their country. So stuff we made here is already taxed by us as income and sales and then again by them with their VAT. Our companies have to compete against this double standard. How? Cut worker wages?
I absolutely love what Trump did. He has reignited our much needed Steel and metals industry which we desperately needed if there is a war. You do understand that don’t you? Free trade can go to hell if it is not FAIR TO US !! Trump is so great on this and all these bastards that make money off of killing our jobs can get lost!! Go TRUMP!!
“If our furniture factory could afford 25% more expensive steel, they would already have been buying US steel and aluminum. “
The increase is only on imports!
This kind of lying is just pathetic.
Look, I don’t mind if you don’t understand economics... that’s between you and God...
But don’t accuse me of lying.
“More globalist panic as their agenda is dismantled.”
They are going nuts! It seems as if to satisfy them we have to bend over and take it for every foreign business entity that wants to screw us and pays off the Chamber of Commerce, our politicians and the myriad of other special interest groups.
Oh globalist shill. Do not despair. Tariffs are not intrinsically evil. They are just tools to be used carefully.
If you wrote this you’re a liar, and very stupid.
If you didn’t then I haven’t called you a liar...
I’m not a globalist shill, and I have nothing against tariffs.
Reread the first section.
I just refuse to be a keynesian and allow government to pick winners and losers.
I don’t accept the premise that it’s okay for a so-called conservative to prop up one industry (steel) by smashing every other industry.
Why on earth should we love the steel worker and hate the file cabinet maker? Why can’t we love both?
A REAL conservative - and in particular, a real capitalist - would support policies that help both of them.
Relying on mainly tariffs forced the Federal government to stay reasonably well aligned size wise with the intentions of the Constitution.
That's the real problem the big government/big business cabal see in tariffs, the possibility that the people will realize the US could end Constitutional distortions like the 16th Amendment returning to the founders intentions and end the gravy train they ride.
JMHo
The founders also wanted to protect domestic industry, hence this in article 1 section 8 of the US Constitution:
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises
By the way, I generally agree with free trade, but when only once side has the ‘free’ and the other side doesn’t I don’t consider that to be free trade.
I think all of us freepers, or nearly all of us, experienced a great analogy of “tariffs” at the Junior High Level or perhaps even elementary school.
It was on a “playing field”. Heard that term before have you?
Recall that in Track, the guy running the inside lane starts at the starting line. But, the guy running the outside lane gets to start waaaayyyyyyyy out front of the inside lane, for obvious reasons.
This is what “tariffs” when used constructively, by a sincere person (like Trump) can do. They “level” the playing field.
The “key” here is honesty and integrity in applying them. Trump has some of that. Democrats have absolutely ZERO. Just like they abused the IRS, the DOJ, the FBI and so on, they can’t be trusted on tariffs either. On that, the writer has a point.
EVERY Republican president from Lincoln to Reagan used tariffs to grow and strengthen American industry.
Nothing new. Libertarians attacked Reagan as well for being a protectionist:
https://object.cato.org/pubs/pas/pa107.pdf
It’s not “an accusation “.
The tax really is only on imports as was said.
You personally do not understand “economics” you are versed only in high finance and to that sub discipline your knowledge is tightly confined.
And it shows.
Comprehensive economics includes the entire engine of production and includes both a civilian economy and a fuctioning wartime economy - a discipline so entirely beyond your grasp that it might as well be taught only in medieval Finnish for all the understanding you have garnered on it.
John F Di Leo
Close down factories in the states and reopen overseas. Blue collar types can go on welfare and take drugs. Makes for a strong country. Or something.
Steel and aluminum are materials which
a) are needed in wartime and
b) are produced in plants which take years to design, get permitted and built.
There are others and these should be next.
In the bargain, steel producers must equal the quality of foreign steel. In the late ‘80s and early ‘90s, US Steel was notorious for shipping off-center, orange peel and chemically substandard seamless pipe, and plate only fit for block pallets.
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