Schumer and Graham going for TV time. Smile guys.
I wholly agree with the tariffs. We need to keep American products competitive, and that is simply impossible when competing with countries employing slave labor. If anything, those price hikes aren't high enough.
The more I hear from Lindsey Graham, the less I like him.
If he has any further political aspirations than merely being a Senator, he might as well just change parties now.
While I cringe at the monopoly on cheap production China holds, consider the source. Chucky Schumer. Nuff said.
Obviously, the good Senators are ignorant of basic economics as well as US economic history. Similar protective tariffs, like the Smooy-Hawley Act, were disasters for US manufacturers. Besides what use do the Senators have in mind for the money extorted from the taxpayers by such a tax?
Taht isn't the real problem. The real problem is that Red China has nuclear warheads aimed at the Unitd States, that it has goods made by slave labor and then dumps them in our country at below-market prices to get hard currency to fund that war machine, that it steals our technology, and that there is no freedom for the people -- if you ask for democracy, they'll run you over with their tanks.
That's why Chinese goods must not be circulated so freely in this country. By buying them, we're funding our own destruction. When we buy Chinese goods, we're paying for the enemy to build up its military strength against us.
I suppose I'm doing some kind of harm because I actually avoid buying Chinese products, even if I have to pay more for the item, right?
I would rather we pump money into new technologies (can you say NANO?). That's where the future bucks come from... the future! Only problem is, will American children be up to the challenge with their politically correct educations?
What America needs to do is have wage and price controls demanding all able bodied persons work for $5 a day! That will show 'em!
I support tariffs. I view them as one of the sole legitimate revenue streams for a gov't. But you gotta base them on economic sense. If you want to send a message, use UPS.
We need tarrifs for unfrair trade engaged by China, so that China will be forced to change the value of Yuan and force fair trade.
"The Durabrand 10-inch portable DVD player available at Wal-Mart retails for $199.94. A group of senators would like to raise the price to $254.67"
If you want to protect the working man, then don't interfere when we finally get the opportunity to be able to afford stuff you wealthier people take for granted. I love Wal-mart it has improved my living standard. Unemployment is around 4.7% which is extraordinarily low. When you combine a job with low priced goods, that is a good thing. Ignore the old rust belt bosses and archaic economic thinking, if you raise that price, then I have to go without, and that is a real ,immediate fact, screw your chauvinist ideas that Americans, just have to make shoes or the world will end.
The root of the word protectionism, is "protect".
Someone has to protect American industry, before we don't have any more.
Seriously.
Most people would not care about a $25 surcharge for an item they may get once every 5 years. The truth is "free" trade is a political loser, with people who are against it being very strongly against it, and most people who are for it being at best, lukewarm in their support.
And even less so at the price it would cost to make here. Face it folks the production is not coming back here unless the cost to make it overseas becomes high enough to justify it. Most consumers will see the price "hike" and shrug it off as typical inflation.
I thought there wasn't much money to be made putting electronic gizmos together, that's why we have them made overseas. (?) Its kind of a goodwill thing. Isn't Korea taking over some of these electronics manufacturing from China (who got it from Japan)?
I think I was way ahead of my time. In 1966 at UCSB, I had a sign in the window of my room on the 7th floor of San Miguel hall --- BOMB PEKING.
I'm for tariffs... as in ZERO TARIFFS. Why tax citizens more? All tariffs and trade restrictions create are black markets. We have to compete with the world. Our industries should move into what we can do best. The currencies will equalize out -- unless the Chinese want to collect our paper dollars along with our baseball cards. If the Chinese want to use free slave labor to support our lavish life style of buying electronic gear for 1/2 off, so be it.
When it comes to defense goods, that's another story. When it comes to moving goods in and through our harbors and airports, that should be done by native born American labor because of security concerns.
Where's the pic of them holding hands?
South Carolina Ping
Add me to the list. / Remove me from the list.