Tariff Wars have been going on since this country was formed. BTW How well did them Steel Tariffs work in the early 70s how about those Auto Tariffs?
Yeah, all our auto manufacturers did so well even with the heavy Tariffs we used to have on Auto imports and our Automakers got all fat and happy and boom now most of our autos are foreign made (as in foregin companies making them, even the dometic ones) because we tried to "protect" our auto market. We made our auto industry week and we paid a heavy price for it.
"But, when put to you, you have nothing but the theory to fall on and a pretense that we're doing great while all of us out here are being sacked and our jobs handed to foriegners in other lands so that you can hire there and get profits here."
OK so if this is all so damaging and all of us/you(sic) are out of work as you say then why are we almost 12% above the normal employment rate as averaged by the BLS over the last 40 years?
Tariff wars do happen. What's new. It isn't an argument. You're trying to say that because a random shell takes out one abrams while it's still the best tank platform on the planet, we should scrap the tank and stand our guys in the field with rpgs and hope for the best. That is where your logic takes us. Trade wars happen when people go too far. And nobody is ruling out trade with other nations. Amazingly we grew to an immensly prosperous nation over hundreds of years because of tariffs. So where you think you're taking us here isn't tracking.
You use the example of the automakers and admit "heavy" tariffs. Equitable tariffs should have been enough; but, someone got greedy.. I think that was the example of Hawley-Smoot, was it not. And even your side is failing to learn from it in getting greedy but not caring about the outcome of that, save that you'll get yours before it hits the fan.
And 12 percent. Try saying it right.. Nineteen MILLION people. Nineteen million people are irrelevant to you and undeserving of consideration, their jobs, their rights, etc.
Nineteen million that are unemployed based on current figures who haven't fallen off the unemployment roles and gotten lost in the shuffle - no longer to count. We had better numbers than that before ya'll started throwing Americans out on the street in a bad economy during wartime - not because you couldn't afford to pay them; but, because you wanted more money. There are some people that lost their jobs due to the burst of the tech bubble as it's called - we ain't talkin about them. We're talking about the people you guys hamstrung during wartime for more profit. That's history, It'll only get worse in the textbooks.