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Politics : The Trump Presidency

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To: i-node who wrote (329746)4/5/2025 4:03:32 PM
From: Lane33 Recommendations

Recommended By
bentway
CentralParkRanger
zax

  Read Replies (2) of 353922
 
>> Tariffs are a pushback, a way to protect domestic industries from getting gutted by those tactics.

I know you understand this and I'm not going to talk to you as though you don't.

This is a negotiation and will have to play out.


You don't have to let that play out to anticipate how it would work out. A thought experiment tells you that you'd have to put a 1000% tariff on a Bangladeshi shirt to protect our domestic shirt industry, if we even have one or would want to have one. In doing so, you would not improve the income of Bangladeshi shirt factory workers so they still would not be able to buy anything manufactured by us. All you would have "accomplished" is prohibitively inflate shirt prices in the US for US factory workers and everybody else..

Still, there are people today who need to work at shirt factories.

What makes you think that a US shirt factory worker could afford to buy the shirts he makes unless he got an employee discount or even then?

P.S. I had a delivery from Amazon today for a second pair of my favorite jeans. Eleven bucks and change. Great fabric, great fit, great finishing. I don't know where they were made but it sure wasn't the US.
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