[XBob]

Essentially, our tariff system is all screwed up, as it is based basically on a 300 year old commodity type system and negotiated tariff rules.

What we need to do is develop a new computerized tarrif system which takes into account the actual cost of living in the country of manufacture. That way, if for example, the cost of living in a country is 50% of the cost in the US, the cost of the tariff would be 50%.

Before computers we couldn't do this. Now we can, so we can level the costs of living and then let the variations of skills, techniques, managment, taxes, etc vary as they will for final price, so that there can be a real 'level' playing field.

Or we could work it with currency values too.

But, there is no way we will be able to stay ahead, when my apartment costs $500 here and $10 in india for the same apartment.

[Toddsterpatriot]

What we need to do is develop a new computerized tarrif system which takes into account the actual cost of living in the country of manufacture. That way, if for example, the cost of living in a country is 50% of the cost in the US, the cost of the tariff would be 50%.

Getting tired of giving you math lessons, but here we go again.

If the cost of living in another country is 50% of the U.S. then I guess your point is their goods would cost 50% of our goods.

If you add a 50% tariff on a good that costs 50% you would only be adding 25%.

You meant to say a tariff of 100% would bring the price of their good up to the same level.

It's a good thing you're a chemistry and biology teacher and not a math teacher.