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To: Jim 0216
Regardless of what other countries are doing, our goal should be voluntary, open, and free supply and demand in marketplace.

In our marketplace, sure. But in the global marketplace, that's just a terrible idea.

Forcing higher prices on incoming goods just penalizes the American consumer and lowers our standard of living and don’t at all attack the core economic issues (the federal government) that hinder our competitiveness in the marketplace.

And forcing higher prices on outgoing goods also penalizes the American consumer (through the American producer), and also lowers our standard of living.

What would you say if a particular country taxed all our stuff at 200%, then just had free reign in our country? Should we just let them sell cheap goods, while our businesses can't compete, and eventually everything produced, every job, everything is over there? How is a 50-10% split different? Or a 25-10% split? The point of tariffs from us is to equalize their tariffs and industry subsidizing./
127 posted on 03/09/2018 3:50:33 PM PST by Svartalfiar
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To: Svartalfiar
What would you say if a particular country taxed all our stuff at 200%, then just had free reign in our country?

I would say, if country wants to do that to their people and economy, it doesn't mean we should. Regardless of boneheaded government decisions of other countries, we come out ahead when we keep our end of the marketplace free. Freedom means things are not always "fair". But freedom means the American consumer whether end user or OEM, buys the best product at the best prices. Parts for OEM products in turn are made at the best prices. A multiplier effect. America and its economy wins.

In the meantime, that stupid country has just penalized its consumers which has a multiplier effect where the parts are sold to EOM companies. Their economy will suffer and sooner or later, they will relent or will cease to be much of a player in the competitive markets.

Also in the meantime, if we're making superior products, there are other demand destinations. Our net gain is much better than if we penalize ourselves with tariffs.

What would you say if a particular country taxed all our stuff at 200%, then just had free reign in our country?

"Free reign" is not exactly accurate, right? Consumers choose which products have "free reign" based on quality and price. A country whose government continually meddles in their economy and businesses will struggle over the long term to produce such products. Just look at America. Our government has crippled our productivity and ingenuity, lessening the demand for our products. Nevertheless, America wins but allowing the world's best products for the best prices regardless of what that country does to itself.

Our net gain is greater by keeping the market free on our side of the fence than by imposing tariffs. And our net gain will be MUCH greater if instead of extending more government interference with tariffs, rather abolish the list of government intrusions that has caused noncompetitive American products and American businesses to flee our shores in the first place.

128 posted on 03/09/2018 8:10:43 PM PST by Jim W N
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