Quote:
Originally Posted by tucker6
... and yet, here you are still posting about things you know nothing about. Every single economic ying has an economic yang. An endless number of yings and yangs I might add. Raising barriers certainly adds costs and can cost jobs, but there are MANY other things that are affected as well, both short and long term. I tend to be a long term thinker, so I see overall value in what Trump is doing from that perspective. You obviously take a shorter term approach (nothing wrong with that), but that doesn't mean either of us are wrong. Why you need to call me and others wrong when we simply don't believe in your personal value proposition is beyond me.
|
Because no one has bothered to point out any long-term positives.
Completely free trade would accelerate not decelerate the trade deficit. In the interim Tariffs prop up industries that aren't competitive in the global market and eventually that shoe needs to drop.
Are the Steel and Aluminum Tariffs going to be permanent and never-ending?
If yes... then we are sending workers to a industry that isn't competitive on the global market at the expense of industries that are competitive.
If no... then we are funneling workers into jobs that the second the government stops protecting they will lose.
Government interference is bad... pointblankperiod.
You talk about the ying and yang... we've been saying this the entire time... but when a steel/aluminum mill opens up supporters of this policy are the first to chime in... that's short term thinking.
But when Harley Davidson decides to move, a nail factory lays off workers, and a electronics company shuts down... well to hell with them.
Meanwhile the cost of living in the United States goes up due to government policy.