I don't understand how you can punish China without "punishing" consumer? We have gotten too used to cheap imports at the expense of Chinese manipulation and unfair Chinese regulation. The world agrees on that, it just took US making first move to start a movement.
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What about our producers? In my own way, I have not bought China made stuff in years if I can help it.
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Bahnsen of course has a job that isn't threatened
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Tariffs coupled with newly deregulated and a tax relieved US economy are very effective...consumers might get hit in the short term but in VERY short order factories will repatriate to our shore to garner point of distribution sales leaving cheap labor for profits here at home
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Is the categorical imperative of economic policy to ensure the lowest price possible for a countries consumers? Are there no other endogenous variables to the equation?
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So it's ok if my neighbor loses his job just so I can buy some widget for $1, $10 or $100 less? So when that family then goes on public assistance and my tax dollars go to support them, please tell me again how the US consumer makes out on that deal?
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Just how does Trump protect American workers (tariffs) without Americans having to pay a little more in the short term?
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5.5 million jobs lost to
#free#trade in 8 years and 8 million jobs and 63,000 factories lost since#nafta. 30 years of no wage growth for the middle class.#tariffs are needed to bring millions of jobs backpic.twitter.com/vMggdPMp1c
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That makes way too much sense.
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