(11-04-2024, 06:21 PM)Nintex wrote: The tarrifs are interesting. Will work for things like cars, trucks, equipment etc. . Won't for small beans. Better than every industry being cucked by China like the EU.
(11-04-2024, 09:34 PM)Nintex wrote: I think the situation for the US is a bit different.Tariffs are taxes. Taxes on local consumers, their only purpose is to increase prices for residents.
- Lots of raw materials and resources (EU has to buy these overseas)
- Untapped workforce and lots of young people (EU is just old people)
- Lots of consumers ($$$)
- Lots of energy (unlike Germany)
- Most US companies actually make a competitive product (unlike France)
The alternative would be to pump the state budget into massive enterprises in addition to tariffs like China is doing.
In the EU we also have tariffs, we just rebranded them to "Carbon Taxes".
They're an utterly stupid idea that was known to be stupid before the country was even founded. The only reason you think they're magic is because Trump thinks they're magic and neither one of you has any interest in learning why socialism doesn't work. You show your fealty to socialism uber alles when you say the alternative to raising taxes on Americans is "pump the state budget into massive enterprises" as if this wouldn't also require taxes and hasn't also been a massive failure every time it's been tried. As if it's not currently an ongoing disaster for China.
The United States being sold things cheaply by other countries is not a problem.
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