Posted on 04/07/2021 9:53:04 AM PDT by yoe
For three principal reasons, his [Biden's] jobs plan will create full employment in China. First, Biden will create substantially more demand for Chinese materials to go into America's planned physical infrastructure improvements. Second, the large corporate tax increases he proposes will drive even more businesses out of the U.S. -- and across the Pacific. Third, Biden's "green energy" ideas will eliminate one of the crucial advantages American manufacturers now have: cheap energy.
"Unless we invest in the capacity to make the steel, cement, and the other materials that go into our roads, bridges, and other infrastructure, we will always be at the mercy of China's Communist Party" — Jonathan Bass, CEO of Whom Home and onshoring advocate, in an interview with Gatestone Institute, April 2021.
...and kill US jobs. He killed 11000 jobs when he stupidly cancelled the Keystone Pipeline. Stupid move...just plain stupid.
But he’s the greatest president ever. Just ask the media.
好的，是的,
Gordon Chang with a home run. None of this government spend should see any benefit to the ChiComs.
Once again the Republicans missed an opportunity. That would have jammed up the works but they are so weak and feckless.
This county is done we make nothing...if we had a war with CHINA. we would have to fight barefoot and with bows and arrows..
Look in the hardware department.Make in china
All who are not brain dead know that the chicoms helped creepy joe get into the White House, and now expect one-finger joe to pay them back. Sleepy joe doesn’t care about the USA. His motto is “Make China Great Again.”
I think Joe no longer can support “Sleepy Joe”. How about “No One Home Joe”?
Have no clue what this means...
Jim Crow Joe....
Jim Eagle bump.
So there must be something good about import tariffs.
It's like a hidden tax that raises our prices, but first siphons off some money for the gov't so they can use it to buy more votes.
It's not hidden. Don't buy, don't pay. It also promotes domestic industry, tariffs are WIN-WIN.
You’re talking about “protective” tariffs that are designed to help new industries develop. We did that in the late 1880’s with the steel industry. Those tariffs are still in place even though I’d judge the steel industry to be “mature”. I’d be very interested in the industries you’re alluding to that were “promoted” by tariffs.
It’s a Win-Win only if you think higher prices for things you buy is a win and a win for the gov’t that collects the tariff and does nothing to earn it.
Do without? Really? All of these have higher prices because of US tariffs:
Fruits and vegetables — 20%
Asparagus/sweet corn — 21.8%
Wool clothing — 25%
Most auto parts — 25%
Commercial plateware — 28%
Synthetic outerwear — 28.2%
Apricots, cantaloupe, dates — 29.8%
Clothes with synthetic fibers — 32%
Canned tuna — 35%
Sneakers— 48%
European meats, truffles, some cheeses — 100%
Shelled peanuts — 131%
Unshelled peanuts — 163%
Tobacco — 350%
If you buy anything that uses these products as either a final good or service or as an input, you’re paying the gov’t for doing nothing other than take money from you. And which industries do you think these are protecting?
(https://www.businessinsider.com/americas-biggest-tariffs-2010-9?op=1#why-all-the-tariffs-check-out-26)
Total BS. Lies and made up numbers.
I included the source for the numbers so you could look them up yourself. Or, is your mind made up and you just don’t want to be confused by the facts?
You have NO IDEA what the F you are talking about.
Really? You’re assuming the demand for lettuce is totally inelastic, which it it not. An increase in the price of lettuce will mean a reduction in the amount of lettuce purchased. The price will not rise by $.25, but there will be less lettuce purchased. This will also mean that the demand for lettuce workers will decrease. So while some workers may see a wage increase, some will lose their job.
As to not knowing what I’m talking about, my guess is that I far better understanding economics than you do. I have a Ph.D. in economics and have taught at two Big 10 universities. What’s your econ training?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.