Look SOMEONE in some political party, needs to stand up for American workers.
Legal American workers. Both parties have been selling off American businesses for so long, that China now exports more than America does.
And is (rapidly) growing.
Someone needs to stand up strongly for American workers. It has been an entire generation, since either party stood for American workers.
Bring back American jobs, and make stuff right here.
Vox = Ezra Klein
zzzzzzz
Maybe if we raise taxes enough, that will magically happen?
I’m not going to insult you in this post, I’m going to legitimately try and turn on a couple of economic light bulbs in your head for you.
We’ve seen oil prices tank - and as a result, gas prices and other energy prices have tanked. This has been a HUUUGE benefit to many, most in fact, Americans and American businesses. And yet, it’s been horrible for oil companies, oil service companies, jobbers, and many in the futures markets.
POINT A: ALL ECONOMIC news, all economic happenings, are both GOOD and BAD - for different segments of the population.
POINT B: No one....NO ONE...predicted this. None of the “experts” saw it coming. This is what always happens.
POINT A plus POINT B = conclusion C, as in common sense: It is pointless, damaging and counter productive to have “experts” come in and figure out how to artificially pervert prices with tariffs and other protectionist measures - and if it’s tried, it will help some, but it will hurt others.
POINT D: Duh: all of these winners and losers should be determined by the market, not regulators or legislators. PERIOD.