Posted on 06/24/2018 4:45:49 AM PDT by central_va
A flat tariff would trigger the relocation back to the U.S. of the right industries. For example, a 30% tariff would not cause the relocation of the apparel industry back to the U.S. from abroad. The difference between domestic and foreign labor costs is simply too large for a 30% premium to tip the balance in America’s favor in an industry based on semi-skilled labor. But a 30% tariff quite likely would cause the relocation of high-tech manufacturing like semiconductors. This is key, as these industries are precisely the ones we should want to relocate. These capital-intensive, knowledge-intensive industries support high wages and have bright technological futures.
(Excerpt) Read more at activistpost.com ...
It is of course but an isolationist’s dream.
The year is 2018 not 1789
Is there gonna be at least one day you don’t act like a traitor?
Horse hockey.
Claiming Patriotism is the last resort of a scoundrel
Since, according to you, there is an expiration date on all political/economic theory does that include the US Constitution? Read the damn thing an try to learn something.
I see you can’t even CLAIM you are patriot. At least hypocrisy is not one of your faults. You know you are a globalist traitor and damned proud of it!
Apparently the rest of the world is isolationist according to the village globalist idiot Fuhrer Bert.
How is it globalists equate protectionism with isolationism? Nobody is proposing an embargo just an import duty which our founders put that into the Constitution!
I support tariffs on legally imported goods and services based on the number of illegal aliens deported to each country.
Because they are Republicans first & common sense thinkers, not. They gleen their knowledge by the party leaders and the Chamber of Commerce. 8>)
They cram their failed economic Smithian theory down our throats but I’ll bet none of our Free Trader Freepres will even read the article. They are Zealots.
So it has been patriotic to lose jobs, skills, and resources by engaging in trade policies that promote that outcome? I think the founding fathers would wholeheartedly disagree with you. They too had an America first outlook. Not a globalist wet dream one.
30% would help in clothing industry, but the basic issue is reciprocity. We charge them what they charge us. If 50%, the we charge 50%. If they drop to 0%, then we drop to 0%.
Actually, since the beginning, infact before the beginning, Americans have been traders. American ships carried American goods and returned with goods the Colonists wanted and needed.
Jefferson went to war very early on to protect American global commerce.
The early tariffs were established mostly because there was little else to tax. They tried to tax whiskey and got a mini revolution as a reward.
So you are going to increase the cost of items like apparel, consumer electronics, furniture, oil, food, and other items by 30% knowing that the tax will do nothing to bring those jobs back to the U.S.?
A flat tariff is also more ideologically palatable than most other tariff solutions.
That's like saying an income tax on the rich is more ideologically palatable than other income tax solutions. It may be true in some camps but a tax increase is still a tax increase.
I thought it would be good for Freepers to hear from BOTH sides of the free trade/tariff argument.
LOL! You're not interested in both sides of the argument, only your own.
The one "flaw" I see is that it probably will not be nearly as effective in attracting and keeping industries here in the U.S. as a lot of proponents might think.
Wow, how economically stupid you are. Of course a tariff would raise revenue and increase manufacturing employment BECAUSE THE OPPOSITE IS ALSO TRUE! AND ITS WHY EVERY OTHER COUNTRY DOES IT.
That's like saying an income tax on the rich is more ideologically palatable than other income tax solutions. It may be true in some camps but a tax increase is still a tax increase.
No its not. Tariffs and income taxes are polar opposites. Tariffs are regressive. As such every Conservative should be wildly in favor of them.
Since the oppose is very effective at strip mining industry away from the USA, you might rethink that.
German car manufacturers are pushing for a zero tariff on U.S. vehicles imported into the Europe in exchange for a zero tariff for foreign cars imported into the U.S. I assume you would be in favor of that?
The problem with that being that for U.S. auto manufacturers the most profitable business lines are small trucks, vans, and SUVs. Ford and GM are talking about ending some car lines because the profit margin in cars is so low. They make the bulk of their profits off pickups, vans, Escapes and the like. Of course, one of the reasons why they're so profitable is the 25% tariff on imported small trucks and SUVs. Take that away and the Big 3 profits take a major hit. How do you think they'll react to that?
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