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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (150879)	9/27/2019 8:49:48 PM
From: Mannie	Respond to of 218585

Tariffs cannot possibly fix this issue. Tariffs can only make matters worse by increasing costs on consumers and industries. Trump is barking up the wrong tree, and loudly. yes. Also, he is ceding the lead in alternative energy and electric vehicles. While pushing China to quit buying American technology while focusing on developing their own, in house. a burning tire around America's neck.

To: TobagoJack who wrote (150879)	9/28/2019 7:13:58 AM
From: stsimon	2 Recommendations Recommended By ggersh SirWalterRalegh Read Replies (2) \| Respond to of 218585

Lots of fancy charts showing correlations, but I doubt there is much causation there. American manufacturing was dismantled for two man reasons: 1. $30/hr labor can't compete with $3/hr labor 2. Clean air and water have a cost Applying tariffs after the factories have left the U.S.is silly and won't work. Applying tariffs before the factories leave will work to a degree, but adds significant cost to consumers. Example - Pick up trucks Starting in 1964 the U.S. applied a 25% tariff on foreign pick up trucks making it cost prohibitive to build them abroad import them. Consequently, the U.S. auto companies have a very profitable product. Consumers likely pay $10K per truck more than if there were no tariffs. Anecdotal pollution story - In 1967 I hitchhiked to San Francisco from my home in Connecticut. My route went through pre EPA Gary Indiana, a major steel producing city. About 30 miles out you could smell the stench and see the pollution in the air. More than 70 years later I can still recall the smell. I can't even imagine what the water must have been like.