Posted on 02/24/2021 12:22:59 PM PST by Olog-hai
We meed really high protective tariffs if we are to survive as a nation.
This is a good thing in general, repatriating all industry would be great.
Watch him put the US in more jeopardy relying on more foreign imports.
Might as well screw that up. He has already screwed up the gas and diesel fuel supply chain.
Gas went up another 10 cents here today. Back in the end of December it was 1.75 to 1.85 here. Now it is over 2.50 a gallon and they say it will hit over 2.80 within the next month.
Yet we have those on here that say there is not a severe recession coming.
No, we don’t. We did the protective tariff thing with steel and aluminum back in the 50’s and 60’s and all it did was prevent domestic producers from implementing new technology. Another problem is that, once you put a tariff in place, politics makes it almost impossible to remove it. If you own a company that can’t compete on an international scale, you need to reexamine what your doing differently than your competitors. Tariffs prevent that type of introspection.
Joe’s instant fuel price increases impact this impact. What a maroon!
Yes we do.
Adam Smith never envisioned multi national corporations closing factories in England and moving production to the third world to exploit cheap labor and then re importing the same product back into England duty free! Smith would have been hung for that. That is not Free Trade. That is f--k trade.
The rest of the world practices protectionism. The rest of the world charges really high import duties on our exports, the rest of the world operates with a trade surplus. So there must be something good about import tariffs. So you point out the possible negative aspects of raising our import tariff to be more in line with the rest of the worlds tariff rates but can you name ONE thing good about raising tariffs? Intellectual honesty would be appreciated.
Why the hell is he doing it by Executive Order. Ain’t isn’t it a discussion Congress should be engaged in instead of the dictator?
Ask yourself this: Who benefits from tariffs? Producers get protected from competition, so you as a consumer get to pay higher prices. Back in the 1960’s when steel was protected by tariffs, it was hard for me to support that plan that helped steel workers earn twice what I did. Most durable goods use steel in some form, so I got to pay higher prices to bolster the incomes of a relatively small number of workers. Not my idea of a good plan. Who gets the tariff income? The gov’t, even though they didn’t do a damn thing to earn it.
I could support tariffs if the gov’t promised to give it to producers to implement more productive means of production and a pledge to lower prices when the investment comes on line. If they can’t do that, then the gov’t should refund the tariff income as a rebate to those who buy the domestic product.
However, seeing how gov’t handles subsidies (Solyndra), I’d rather forget about tariffs altogether.
Put a lid on it, Joe !
Why review the supply chain for vulnerabilities, compile the list, and then be snookered by the Chinese ?
If you don't hand it to them, they will hack it out of you, online. National intelligence will tell you about it, in probably two years, if at all.
Batteries and critical semi-conductor raw materials come from foreign countries that are being overwhelmed by China's "Belt and Road" economic scheme.
Critical raw materials are at risk of Chinese expansion of their colonial-like "sphere of influence" and expansion of their seaports, on a world-wide basis.
Our pharmaceuticals, analgesics, and pain killers all come manufactured from China, and then labeled in the U.S..
How did we find that out about our insufficient local pharmaceuticals last year ? When China threatened to cut our supplies off !!
How did we find out about the shortage of raw materials and rare-earth metals for electronics and aerospace ? When China threatened to cut our refined supplies off !!
We can't even complete the automobile finishing lines because we don't have the materials, or the electronics to get the mandated electrical autos off the manufacturing finishing line
Hey Joe, do you see a pattern here ?
It doesn’t need to be. American companies can put their big boy pants on and seize the moment themselves. They shouldnt be waiting around for a government provided advantage in order to succeed.
Im not surprised the current administration is concerned about the national security issue implied by the possibility of vital resources being cut off from us. I think its a good thing to be studying and figuring out a way to solve it.
Trying to get his sticky little grubhooks into everybody’s pies!
Toilet paper was the biggest scarcity.
Biden isn’t doing shit. Somebody else is doing it in his name.
My very FIRST thought, too!
“We’re from the Government and we’re here to help!” *SPIT*
How can we keep up without enough weed?
Oil and coal didn’t make the cut. Even though there’s another cold air mass developing over Siberia.
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