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Politics : Formerly About Advanced Micro Devices

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To: Sdgla who wrote (1134504)5/12/2019 7:32:32 PM
From: bruwin   of 1577122
 
And let's not forget that Donald Trump is not a fan of Tariffs. He's said so on numerous occasions in the past because, in theory, it is paid for by the consumer. What Donald Trump has ALWAYS AND OFTEN PUBLICLY STATED is that he just wants RECIPROCAL TRADE with other countries.

But OBVIOUSLY by imposing a tariff on an imported item it encourages local consumers/companies/industries to look for and find less expensive alternatives. That's how Capitalism works. AND THAT IS EXACTLY WHAT HAS BEEN HAPPENING IN AMERICA SINCE TRUMP PUT HIS FOOT DOWN WITH THE LIKES OF CHINA.

So now more and more products are being MADE IN AMERICA, BY AMERICANS, with all the national benefits that accrue from that.

And the more that happens, and the greater and greater the momentum becomes, the cheaper will those products become.

And because their costs of production have fallen, the more attractive many of those products will become in the International Markets.

And that will increase EXPORTS and America will then be earning more and more foreign exchange, and American companies and its citizens will pay more taxes because they will all be earning more.

And the Government will then have more REVENUE to spend on its own INFRASTRUCTURE, AND, AND, AND .......

Of course, Extreme Leftists can't see that because they have a "built in" problem with BASIC ECONOMICS AND SIMPLE MATHS, so all that they can think of doing is to come up with stupid arguments and equally stupid conclusions ........
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