"In the long run [a tariff] always reduces real wages, because it reduces efficiency, production and wealth." => https://fee.org/resources/economics-in-one-lesson/#calibre_link-40 …https://twitter.com/businessinsider/status/811933759373246464 …
I defend #liberty and explain every vote at http://facebook.com/justinamash • 'Laws must be general, equal, and certain.' —F.A. Hayek
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Justin Amash Retweeted Business Insider
"In the long run [a tariff] always reduces real wages, because it reduces efficiency, production and wealth." => https://fee.org/resources/economics-in-one-lesson/#calibre_link-40 …https://twitter.com/businessinsider/status/811933759373246464 …
Justin Amash added,
Do you ever propose solutions - or just ridicule others trying to solve problems?
Check out my balanced budget amendment. Disagreeing is not ridiculing. I will always speak out against left-wing proposals.
So how do you propose we fix the trade imbalance and the loss of jobs to Mexico?
Trade (im)balance is not a measure of economic prosperity. You have a trade imbalance w/ the grocery store. It doesn't harm you.
I highly recommend this book. => https://fee.org/resources/economics-in-one-lesson/#calibre_link-40 … Chapters 11 and 12 are particularly relevant to this discussion.
I'll check it out - but I'm still interested in your solutions. I've supported you in every election, including Michigan House.
I know that and appreciate it. We increase prosperity with lower taxes, fewer regulations, and less government central planning.
I'm with you on all that, make it happen! Recommended book is on my Kindle - start reading it in the morning. #thankspic.twitter.com/44x9nDkgve
consider yourself lucky that u have Mr. Amash as your representative, most of us are not so lucky
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