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To: fhayek
They aren't slapping a tax on the Chinese, they are slapping a tax on you. And by you, I mean Americans

Gosh thanks for that Big Guy. Why, do you think we could avoid the tax just by buying Evil American Steel?

I mean the way your Home Page Hero Mr. Reagan did with Harley Davidson, for example.

8 posted on 05/17/2016 10:36:06 PM PDT by Regulator
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To: Regulator
I just like to look at both sides of the ledger. Sure, you can make foreign steel more expensive. Sure, you can protect the jobs of American steel producers. But, what about the jobs of those who use steel? Those that make washing machines, and cars, and buildings? Because it cost more to buy these things, demand for them goes down. And jobs are lost. I don't care which way you decide to go on these matters, I just don't want you to have your head up your @$$ when you make the decision.
11 posted on 05/17/2016 10:44:42 PM PDT by fhayek
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To: Regulator

To be fair, you’d be correct - if our government hadn’t waited so long that our domestic steel industry is all but dead. The problem now is that there’s no way in hell our domestic steel producers can scale up to meet such demand in anything like a timely fashion so instead prices will go up and we’ll still be buying Chinese steel.

Tariffs only help a domestic industry if there is enough of the domestic industry left to save.


12 posted on 05/17/2016 10:48:05 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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