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To: dinodino

“...and Adam Smith was opposed to tariffs, because they distort the market,”

He was absolutely correct, the market IS currently distorted:

There’s little or no manufacturing in the USA.


21 posted on 07/20/2018 6:46:24 AM PDT by JPJones (More tariffs, less income tax.)
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To: JPJones
There’s little or no manufacturing in the USA.

We still make jet engines, despite United Terchnologies' best efforts. We also have a reasonable injection molding industry (cheap plastics). Foxconn is setting up shop in Wisconsin, and there are still a number of steel and auto manufacturing plants. We can do more with fewer people, but we should keep those fewer (but better paying) jobs here, and most of the money, too.
27 posted on 07/20/2018 6:53:22 AM PDT by Dr. Sivana (There is no salvation in politics.)
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