Posted on 01/22/2016 10:09:16 AM PST by CharlesOConnell
Everbody’s got their gris-gris. And humans love their simple rallying cries. “Complicated situations have complicated answers” just doesn’t look cool on signs waving above a crowd.
OK, got it, don’t shop at Walmart, or Sears, Costco, Kmart, Fry’s Electronics, Sam’s Club, you all have t5o fill in all the retailers near you. NOW, maybe the author can tell me where we shop in America that doesn’t sell products from outsourced jobs? Rag on Walmart all you want, go ahead shut them down...............whoops, now you have out jobbed all the people they employ in America, that damn evil Walmart! Somehow I just don’t feel all that great when I buy the same products somewhere else for more money than I pay at Walmart.
Tariffs and non-tariff barriers to Chinese imports will mainly harm U.S. consumers through higher prices for final goods. In addition, U.S. manufacturers would end up paying more for intermediate goods imported from China, which would reduce the competitiveness of our final goods manufactured here and consumed in the U.S. or in export markets overseas.
Good post.
Yeah, people forget that when the idea first started getting discussed of how America was going to become a service economy the driver envisioned for that was NOT outsourcing, it was automation. We’ve known for a long time that we were going to manufacture our way out of actually needing people to manufacture stuff (which is amusingly ironic to anybody who took and remembers Latin), it’s an inevitable outcome of the manufacturing line.
Before the 1970s China was basically a huge North Korea. It was so backwards it wasn't even funny. Then, to promote a "New World Order" the USA in its infinite wisdom decided to artificiality give the Chicoms technology, money and fixed contracts and then transplanted factories from the USA to to China. The whole thing was done to make China stronger in the fight against the USSR and the cold war. The a funny thing happened, the USSR collapsed under its own weight and we were left holding the bag on a policy that no longer had application. This China policy was kept in place for no good reason except to make international gloBULList corporations an their international stock holders rich.
Again this is nothing but and example of humongous international central planning. It pits US workers against the Asian peasants and we are bleeding dry, wealth is being transferred out of the USA.
Ah, no it won't. That is silly talks.
O so no American company made money until the Chinese peasants saved up from ourselves. That is rich.
I buy groceries and get oil changes at WM. Best prices. In addition, I bought sweat pants, Made in Vietnam. I liked them so well I went back and boought 2 more pair. Not fancy name brand. But, I’m not trying to impress the elite. Just a poor old redneck here in Fl. Man these pants are comfortable.
China is a manufacturing phenomenon because they have lots of people that will work really cheap and basically no regulation. Companies can do whatever the hell they want over there. Also, being on the other side of the planet, it’s handy for distribution everywhere. Every aspect of building is cheaper, and distribution breaks even.
Meanwhile of course, the China obsession is missing the changes in the world. American (and non-American) companies are building factories all over the world, the big growth area right now is Latin America. Most of our cars are being built there, Mexico and Brazil are major manufacturing hot spots.
It’s not central planning, it’s good business. If you want more manufacturing in America you need to make it a good business decision. And the path to that is NOT tariffs, all that does is make businesses move elsewhere. You make China bad they go to Mexico, make Mexico bad they’ll go further south, make that bad they’ll go to India.
They will dump it all on europe. And don’t forget about all of the manufacturing capacity we shipped to china. They can build all of that, we can’t because china has it now.
The US woild have to go through another industrial revolution to get back what we gave away over the last 40 years.
If we continue to put Americas last, there will be a socialist/communist revolution, kind of the opposite of what economic Liberians want.
Getting back to tariffs, they can reduce or even eliminate income taxes, help balance the budget, promote domestic manufacturing and strengthen the country monetarily. All good things.
The 30 years of destructive industrial policies need to be stopped and something new tried. Not much left to loose.
You neither understand economics nor much English.
Prices here will rise because competition from abroad is reduced or eliminated. The drive for efficiency decreases when competition decreases. Why find ways to make things cheaper when there is not something to be cheaper than?
If you divorce politics form economics you are a fool.
There is still domestic competition, or did you just forget that because you are so fixated on foreign interests?
You reinforce my observation. You can’t even fathom just what it is I am talking about.
I minored in macro economics. I used to be a Free Traitor then I opened my eyes.
Domestic competition starts from a higher cost basis with all the government costs. There is less incentive to improve. You would deny people access to inexpensive goods in order to preserve the high taxes and stifling and totalitarian regulations. Are you really a believer in the Total State?
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