Posted on 07/05/2018 12:17:55 AM PDT by Trump_vs_Evil_Witch
For decades, the Republican Party and Democrats have been largely aligned on promoting job-killing multinational free trade deals like NAFTA and KORUS, both of which aided in opening up overseas markets for multinational companies to outsource their American manufacturing jobs to countries like Mexico, leaving millions of Americans laid off in the process.
If Trump had not immediately stopped the Trans-Pacific Partnership (TPP) free trade agreement when he took office, economists estimated that not only would the elimination of millions of American jobs have occurred, but U.S. wages would have been further depleted.
American workers have repeatedly praised Trump’s tariffs and thanked him personally for ending the promotion of multinational free trade by the U.S.
Republican lawmakers are sticking to their globalist free trade agenda and opposing President Trump’s “America First” tariffs despite the popularity the tariffs have with GOP voters and conservatives. Trump, most recently, has put protective tariffs on imported goods and materials such as steel, aluminum, washing machines, Canadian lumber, electronics from China, and solar panels in an effort to boost American industries and protect American workers’ jobs.
In the latest Harvard/Harris Poll, 83 percent of Republican voters say they support tariffs on imported products like automobiles and electronics. Additionally, 81 percent of conservatives said they too supported tariffs, along with 61 percent of Americans living in rural communities.
(Excerpt) Read more at breitbart.com ...
All that results from LACK of free trade not its result.
Other sectors in China pay the bill for the auto tariffs.
There is not a net gain from a tariff, economically. Trump has adopted that policy to address the unfair tariffs we face.
He wants to get rid of tariffs because he realizes they are economically destructive.
Dear Dumbass I do not have a business which hires anyone and my whiskers are greyer than yours.
When did I make that claim?
What Trump has exposed is that “Free Trade” really means anyone can trade with the US for free. All the caterwauling is from the globalist uni-party politicians getting rich off the current system. Just like Germany, China will fold like one of their Wal-Mart suits. May take a bit, but the market will find a balance.
Protectionism is what poor countries use to protect new or uncompetitive industries.
The US will not produce the products China does tariff or no tariff. Our economy produces NEW products because it is dynamic and innovative.
One of the excuses the defenders of the Confederacy fall back on is the unfair tariff effects on the Southern economy.
This is claimed was the major reason the Northern states became industrial and provoked the rebellion.
Those arguing such are indirectly admitting that tariffs reallocate resources from one group to another.
We have never had free trade, it does not exist it is a theoretic goal.
It does not stop with the loss of a bean field. Since it would reduce the need for labor and equipment a tariff will mean that those purchases will be reduced.
Thus, employment will go up in that sector as the export industries downsize or go out of business. Hence, the workers at John Deere and Caterpillar will partially pay for the tariff.
“And “no” the role of government is not to create jobs.”
I’m not talking about “Government Jobs” paid for by taxpayers. You jumped to a conclusion there.
I’m saying government should create opportunities for Americans to have jobs, not some theoretical notion of “optimal allocation of resources”.
Government can create those opportunities in a number of ways: tax incentives, free public education, property rights, etc and yes tariffs to prevent corporations from sending jobs overseas.
“Optimal allocation of resources produces the optimal employment.” ==> Maybe the optimal employment in foreign countries you mean.
If you want more jobs get the governments off the backs of industry. None of their programs work but the administrators are off the streets.
And no, I did not jump to conclusions.
The ideal of free trade would led to maximum employment here as well as in the rest of the world. But we don’t have, and never had, free trade.
The problem is government meddling not free trade. It is a goal.
We’ve tried your idea for the last 30 years with disastrous results. We’ve let corporations allocate resources for “optimal” benefits - their benefit.
The result has been millions of good paying jobs relocating to China and Mexico. That’s why we are in a pickle right now regarding trade.
DJT is trying to fix the problem of “optimal allocation” by corporations.
a Red Tsunami————
What a wonderful image to hold onto.
Raises my spirits.
No we have not tried Free Trade, ever. Nor has any other country at any time.
You antis are arguing against a straw man not the actual theory.
Monopoly or Monopsony do NOT optimally allocate resources.
Free trade is only applicable to competitive free enterprise not monopolistic economies. It is impossible with monopolies which by definition are controlled market not free.
At least know what you are attacking.
EVERY other country is protectionist. Japan, Taiwan, the EU. etc ALL OF THEM....
That is what Trump is trying to put an end to unless there are special exceptions.
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