Chinese steelmaker pays for US tariffs (Bush was right, I was wrong)

BBC ^ | 4/29/02 | staff

[billbears]

power of the government to raise the price of my goods to give welfare to corporations.

Well they need it see? They are protecting their interests and in the long run going to be hurting the sales of every product theirs is tied to. But Bush did a good thing, supposedly. A tariff war doesn't have winners, just a bunch of broke citizens, rich corporations, and the lawmakers have fat pockets from voting the way they were paid to vote

[Free the USA]

Check the Bump List folders for articles related to and descriptions of the above topic(s) or for other topics of interest.

[jumpstartme]

You protectionists are all socialist under the skin.

Bingo.

[jumpstartme]

BUMP

[biblewonk]

I'll grant you that you were right. But your reasons were wrong :-)

I would be flattered if you even remembered my reasons.

[Willie Green]

they were quoting a Chinese company who says that imports into China are REDUCING prices. Meanwhile back at the US...
...We have to pay higher prices for steel using goods than we would have had to pay otherwise. Thanks Bush, for using the power of the government to raise the price of my goods...

Actually, lower steel prices in China not only forces antiquated, inefficient, pollution-belching Chinese steel-mills to shut down, it also makes your crapola, imported Huffy bicycles even cheaper at Wal-Mart. You have nothing to complain about!

[Bikers4Bush]

Very true, they aren't stamping out toasters and cd racks using American steel that's for sure.

[Grampa Dave]

Thanks for reposting these words of clarity and sanity.

I could remember that you had posted the best answers to the harshness on both sides when this issue was first debated on Free Republic and certain so called conservative talk show hosts took their long knives out.

It looks like you were right on target.

Our gasoline refineries are in the same condition. I don't think that a new gasoline refinery has been built for at least two decades. The current ones are held together with baling wire, duct tape, super glue and some incredible maintence work by creative and resourceful construction companies. The enviralists have prevented us from building any new refineries.

When you throw out the vile rhetoric from certain sides, the wisdom and knowledge that our Freepers share with us is awesome. Thanks to you for sharing this wisdom and insight when this first came up and for reposting it.

In a time of war, you can't be dependent on foriegn anything and in particuliar steel.

[weikel]

You know you have a point...

[OldFriend]

Rush is so busy flapping his mouth that he has no time to think about the views of those more intelligent than he!

[dennisw]

Screw free trade. I favored GW Bush when he put tarrifs on foreign steel.

[weikel]

I love Rush.

[weikel]

Bump( when I get out of College and actually have income I think I'll change my name to Capitalist Pig).

[Samwise]

It wasn't only free trade, it was about us making sure we have a dependable AMERICAN source of steel for our war effort.

Repeat that until people understand.

[HamiltonJay]

I stand vindicated once again on the whole free trade nonsense! Thank goodness Bush and his advisors are a bit more realistic than the ideologues who have co opted the right with their free trade mythos. Free Trade is a scam.

[Samwise]

Strategery rules!

As a student of language, I love that word. I guarantee you that it will become a documented, legitimate word.

[rdb3]

You protectionists are all socialist under the skin.

Statements like that squelch debate. This because of this. And it makes just about as much sense, too.

Surely you know better. I despise tariffs. But it now appears to have been a method behind the madness.

I'll admit when I'm wrong. Will you?

[VA Advogado]

This angle never occurred to me when I (and others) attacked the tariffs. While I still believe free trade is best, this does have short term advantages. Sure is shaking up China and aiding our allies in our war on terror. Any fellow free traders care to explain how this isn't in our best interests?

Our consumers still have to pay an inflated price. How is that ever in our best interest?

[VA Advogado]

Oh yes, artificially high prices for everything is really really good. How could we free traders been so stoopid?

Larry appears to be a rather naive dupe. His grasp of economics isn't all that solid. I guess he's what you might say has one of those 'soccer dads'mentality.

[VA Advogado]

It wasn't only free trade, it was about us making sure we have a dependable AMERICAN source of steel for our war effort.

What ignorant stone-aged thinking. How many battleships have we built since the war started? This tariff is a tax on society to pay for retiree benefits in the steel industry. Don't be so easily fooled. Its embarassing.