Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: entropy12
I said tariffs affect the stock market, not the economy. I distinctly recall the period when we had trade surplus every year and the economy was great with great wages in manufacturing.

You can't count on Europe and Asia to destroy themselves just to give us a positive trade balance.

Once they got up and running again, by about 1970, we've been running a trade deficit every year (except 1975, which wasn't an especially great year for the economy).

I'm not a free trader, but from what I learned in econ in college, there are reasons to be concerned about tariffs and trade wars. If Cavuto learned the same thing I can understand why he might be concerned.

If the economy booms with tariffs I'd be happy about that, but any time you mess with the economy, there's a potential that things will go wrong.

68 posted on 05/05/2018 12:06:38 PM PDT by x
[ Post Reply | Private Reply | To 62 | View Replies ]


To: x

Please do not worry about tariffs. When properly installed, it will actually strengthen local manufacturing and improve security of the nation in the long run. Only economic dislocations if any, will be short lived. And remember, the leverage is ALWAYS WITH THE COUNTRY WITH TRADE DEFICITS. We stand to gain higher paying new manufacturing jobs, and the exporting countries can do nothing about it.


69 posted on 05/05/2018 12:31:52 PM PDT by entropy12 (30 Million low wealth, low skill LEGAL chain migrants in 25 years is growing EXPONENTIALLY..)
[ Post Reply | Private Reply | To 68 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson