“Controlling the largest market on earth, we might impose on foreign producers a cover charge, an admissions fee, a tariff, to get into our market.”
BS! You won’t be charging “foreign producers”. You will be charging American consumers.
Conservatives are right to point out that taxes are ultimately paid by the consumer. Tariffs are no different. Higher prices are not in the interest of the consumer.
Heres a hint, bubba: dont buy foreign crap.
Then no tariff.
And we do have free trade...across state lines.
You left out a very important part of the dialogue:
“...However, if Lexus or Mercedes buys or makes all their parts in the USA and assembles all their cars here, no tariff. Their cars could still sell for $50,000. This would be a powerful incentive to shift production here...”
That would negate your complaint.
The other day Cruz compared himself to Ronald Reagan (another disturbing parallel to our current megalomaniacal president) saying that Reagan was for `free and open trade’. Cruz has bought into the myth created by (as put by Buchanan here:) “ ... corporate elites who pay off those politicians with the big cash contributions that keep the parties flush. Politicians who play ball with Wall Street and K Street know they will be taken care of, if they are defeated or when they retire from public office, so long as they have performed.”
IOW, our cheap labor and open borders, NWO/NAU friends.
Remember Gore dragging out the photo of Smoot Hawley and using it in debates with middle Bush? Democrats think of it as some sort of talisman now: “Free and open trade, good; protecting American workers, bad!”
Reagan was for free, open and *fair* trade.
Buchanan: “Controlling the largest market on earth, we might impose on foreign producers a cover charge, an admissions fee, a tariff, to get into our market.Example: Impose a 20 percent tariff on foreign cars entering the USA.”
Reagan did this, imposing a tariff on Japanese cars, knowing that the Japanese were subsidizing their car industry just as they subsidized their electronics industry until the only American TV manufacturer was Zenith, and then one day Zenith was gone.
http://www.cato.org/pubs/pas/pa107.html
We don’t need Buchanan to tell us—we don’t make things any more. We used to have a textiles industry, Reagan vetoed a tariff bill to protect our textiles industry.
So why is that we have Americans out of work, but American legislators still want to bring in foreigners to replace IT workers, even requiring them to train their replacements if they wanted their severance package?
And we don’t need another Party of the People-like president who has never made a payroll, who has produced nothing in his life but objections and reams of paperwork. Go Trump.
And the means tested government poverty programs that already exceed a trillion annually are ultimately paid by the present and future taxpayers. The thousands of factories and millions of jobs exported to cheap labor nations are a major reason we have seen the drastic increases in beneficiaries accessing these programs.
And "free" traders think the one-sided deals provide cheaper products to consumers? Add in that annual trillion in poverty programs and see what the savings from free trade look like.
The main thing wrong with your logic is that there are no jobs. And the foreign goods are not any cheaper. Watch and see how much Ford discounts vehicles made in Mexico with cheap labor. Free trade did not build the American economy, it is destroying it (in case you haven’t noticed).
Quote:
“Tariffs are no different. Higher prices are not in the interest of the consumer.”
But unemployment, welfare, drug addiction, decaying infrastructure, dying towns, urban warzones, and low paying service jobs are?
Take a world tour. Just see the Space Age airports in China, Singapore, the Arab States, even the EU, then come home to America. You will think you landed by mistake in Soviet Russia circa 1989.
America is dying. It’s time for people to wake up before it’s too late.