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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (1507845)12/12/2024 12:20:23 PM
From: Heywood40  Read Replies (2) | Respond to of 1583929
 
Tariffs raise prices?

Trump will be SHOCKED to learn this!!!

Trump has falsely, and repeatedly, claimed that China – not US importers – pay the tariff.

At a rally in Arizona in mid-August, he claimed that Vice President Kamala Harris, his Democratic opponent, is lying when she refers to his tariff plan as a “Trump tax.”

“She is a liar. She makes up crap … I am going to put tariffs on other countries coming into our country, and that has nothing to do with taxes to us. That is a tax on another country,” Trump said.



To: Augustus Gloop who wrote (1507845)12/12/2024 10:24:26 PM
From: denizen481 Recommendation

Recommended By
Fiscally Conservative

  Read Replies (1) | Respond to of 1583929
 
Take a closer look, say for example Milwaukee tools, owned now by the Chinese. Snap on tool’s are out of the range of most peoples wallet.
is there any other American power tool maker making their shit here and paying good wages?
Long ago our government made it too easy to move factories out of the country, Americans fucking over Americans, true capitalism.
How about craftsman? Mnuchin’s college roommate sold Sears to front companies for pennies on the dollar.
And M is now a billionaire!
On closer examination your slogans are based on bullshit.



To: Augustus Gloop who wrote (1507845)12/13/2024 11:48:04 AM
From: Tenchusatsu  Read Replies (1) | Respond to of 1583929
 
Augustus,
Would you prefer cheaper goods, mass layoffs, poverty AND the trade imbalance?
a) Unemployment is hovering around 4%. There are plenty of jobs out there.

b) Free trade doesn't cause poverty, but barriers to free trade can thanks to increases in cost of living.

c) Trade imbalances work themselves out. Free market works as intended.

Unless there is a specific reason, or a certain industry that a country wants to protect for national security reasons, tariffs are often a bad idea. Protectionism always disincentivizes innovation and competition.

Tenchusatsu