Posted on 03/20/2016 2:57:17 PM PDT by central_va
The United States is rapidly becoming the very first "post-industrial" nation on the globe. All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this is absolutely amazing. It was America that was at the forefront of the industrial revolution.
(Excerpt) Read more at businessinsider.com ...
Tariffs are for all products form all countries nto just for imported Chinese goods..
Better than you who would defang the USA leaving us a paper tiger with no sustainable industrial base. Back at you.
We’re only defanged because we let ourselves be defanged. We p!ss away hundreds of billions of dollars on military campaigns all over the planet, yet we can’t even muster the political will to hold back an invasion of tens of millions of unarmed Latin Americans.
Forget protectionism, a 20% tariff would easily balance the budget tomorrow. All you deficit hawks take note.
Invest in cigarette boats.
“Do you really think a U.S. manufacturer would sell it for less than $119.99?”
Depends on how bad they want to dominate the market- if the domestic manufacturers sell for a lower price, they can make up for it in volume and soon put the foreign producers out of the domestic market altogether since demand will accrue to the lower price.
That's basically what happened in the early 2000s when the U.S. imposed a tariff on Canadian softwood lumber. With the tariff in place, the big Canadian lumber producers changed their operations to run more efficiently, so they were still able to sell lumber cheaper than their U.S. competitors even with the tariff in place.
As is often the case, a tariff ends up simply protecting a domestic industry that is too outdated or lazy to compete on its own.
That is how all the other countries play the game. We need to learn how to play and win for once.
But even in this example the tariff produced a beneficial out come. A more efficient system. Again another win for tariffs!
More importantly ... One of the important things that happened as a result of that tariff was that Canadian lumber producers began buying mills here in the U.S. -- to give themselves some flexibility to deal with these trade disputes in the future. Canadian lumber companies owned 2 mills in the U.S. in the early 2000s, and own more than 40 right now.
Like I said ... protecting a domestic industry that is too outdated or lazy to compete on its own isn't going to change the basic laws of economics.
They can if they wish anyway, and do now. Many of the nations we trade with have extensive barriers to protect their domestic economies.
“As is often the case, a tariff ends up simply protecting a domestic industry that is too outdated or lazy to compete on its own.”
Or, to protect domestic industry from competition by state-owned and supported work forces that are paid pennies on the hour by their slavemasters, which is even more often the case.
The details you provided have given you away. You are clearly a consultant and free trade professional. Perhaps you work on K St as a lobbyist. Who pays you to post on Free Republic?
Does free Republic let professional lobbyist post here? Do they pay FR for the privilege? What average citizen knows that much about Canadian lumber tariffs and it's detailed history?
I am fine with it as long as we get full disclosure.
Uhhh, tell me how that has worked for the sugar industry. In fact, Archer Daniels Midland has become an agricultural giant (and the primary force behind big-ag political payoffs and anti-competitive FDA regulations) because the tariff on sugar killed domestic sugar production, making the much less health high-fructose corn syrup the primary ingredient in many products (like soft drinks) that originally contained sugar. Far from "saving" sugar, high tariffs killed it.
The problem most anti-free trade folks have is that reality doesn't obey simple black-and-white principles. Sometimes results are mixed, or the same thing that works one place is a disaster in another.
One thing's for sure, I hope you don't "teach" economics....
Agriculture and manufacturing are different beasts. This only confuses the discussion about import tariffs on durable goods.
He can do anything.
Trump the Magnificent! Trump the Almighty!!! All Hail the Great Trump!!!
So we raise tariffs and nothing happens?
So your defense here is that you are ignorant of the facts, and that anyone who isn't must be a party to the subject at hand? There's a winning strategy. If you aren't ignorant (like you), you're a shill.
So anyone who knew the facts of the Treyvon Martin case must have been a cop? Anyone who knows about Hillary Clinton's email lies must work in the State Dept.? Anyone who can explain the FBI vs Apple case works for one or the other?
Quite frankly, I can't imagine anyone who would be a more desirable opponent for a free-trade advocate to have than you are. You make even the good arguments for tariffs seem stupid...
The poison that is killing our industrial base is the government....PERIOD!
Go back to 1950 and measure the stack of government regulations that pertained to business, employment, safety and everything else that was not the government’s business; then compare it to the stack today.
The analysis is very, very definitive.
The “cancer” is well identified and can be cured by the right man at the helm of government with the support of the people........before it is too late to do anything about it.
Have noticed he has gone dark?
Really, go for it dude. List the "stupid" reasons.
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