John F Di Leo
More globalist panic as their agenda is dismantled.
Riddle me this John F Di Leo. The rest of the World imposes a value added tax on goods sold in their country. So stuff we made here is already taxed by us as income and sales and then again by them with their VAT. Our companies have to compete against this double standard. How? Cut worker wages?
I absolutely love what Trump did. He has reignited our much needed Steel and metals industry which we desperately needed if there is a war. You do understand that don’t you? Free trade can go to hell if it is not FAIR TO US !! Trump is so great on this and all these bastards that make money off of killing our jobs can get lost!! Go TRUMP!!
“If our furniture factory could afford 25% more expensive steel, they would already have been buying US steel and aluminum. “
The increase is only on imports!
This kind of lying is just pathetic.
Oh globalist shill. Do not despair. Tariffs are not intrinsically evil. They are just tools to be used carefully.
Relying on mainly tariffs forced the Federal government to stay reasonably well aligned size wise with the intentions of the Constitution.
That's the real problem the big government/big business cabal see in tariffs, the possibility that the people will realize the US could end Constitutional distortions like the 16th Amendment returning to the founders intentions and end the gravy train they ride.
JMHo
The founders also wanted to protect domestic industry, hence this in article 1 section 8 of the US Constitution:
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises
By the way, I generally agree with free trade, but when only once side has the ‘free’ and the other side doesn’t I don’t consider that to be free trade.
I think all of us freepers, or nearly all of us, experienced a great analogy of “tariffs” at the Junior High Level or perhaps even elementary school.
It was on a “playing field”. Heard that term before have you?
Recall that in Track, the guy running the inside lane starts at the starting line. But, the guy running the outside lane gets to start waaaayyyyyyyy out front of the inside lane, for obvious reasons.
This is what “tariffs” when used constructively, by a sincere person (like Trump) can do. They “level” the playing field.
The “key” here is honesty and integrity in applying them. Trump has some of that. Democrats have absolutely ZERO. Just like they abused the IRS, the DOJ, the FBI and so on, they can’t be trusted on tariffs either. On that, the writer has a point.
Nothing new. Libertarians attacked Reagan as well for being a protectionist:
https://object.cato.org/pubs/pas/pa107.pdf
John F Di Leo
Fake news.
Oh look an opinion from Illinois. Yes, Illinois the state where poor folks work to prop up their democrat overlords through egregious taxation and funnel the money to illegals and gang bangers.
This advocates America Last globalism.
Unless this is very very very selective all it’s going to mean is that whatever that product is if made out of something being subjected to that tax.
It’s going to cost you more.
Plus the country affected will retaliate but putting taxes on stuff we send them and it will cost them more. Usually it hurts our Agri business. Creating inflation and slows down economic development.
It strikes me what Trump is looking at are those thousands of small manufacturers who’ve gone out of business because of the expansion of cheap Chinese imports (of which many were design knock offs) into this country. Remember the Obama quote on manufacturing.
But that was a slow gradual process when it began. Then accelerated by policy. So it should be when as we’re trying to bring small industry back.
Certain key manufacturing and re-manufacturing processes essential to defense should be targeted first and done on a very very limited basis. Because a wholesale approach would wreck our economy.
Seems like the guy’s meme is, “Just because it can be good for America and Americans, doesn’t mean we should do it.....”
Seems like “conservatives” and liberals are in lock step to crush the USA’s middle class. Trump ripped off the facade.