Zone1 A Woke Pope?

[EdwinAMartin]

That part is true. Tariffs are designed to artificially raise market prices to allow less efficient, higher cost companies to compete.

Wrong. They are designed to help local industries and retailers compete with heavily subsidized industries in other countries that allow them to undersell our own industries. In most cases they do so via slave labor as well as protecting their own markets. Try looking up what foreign companies have to do in order to sell in the Red Chinese markets and see if you think they are 'free market' loons.

The 'global markets' mythology is a big lie. American labor working for Red Chinese wages wouldn't be an America you would want to live in.

The US made itself into a global powerhouse under high tariffs. All the off-shoring has recreated the same need to do so again. And we need to rebuild out defense industries as well, and those skills require a lot of redundancy in skills sets throughout the private economy as well. Time to put Wall Street's whining on the back burner again and go back to a producing economy and away from a rent seeking one of servants and gardeners.

 

[EdwinAMartin]

What I can guarantee you, is that as long as the tariffs are in place, you will pay more for your products than if the tariffs were not in place.

Not really. They sell goods for whatever they think consumers will pay, not for how cheap they could sell them. They sold hard drives for $80 because they could, and not $5 re costs plus a 50% profit, for instance. Same with every other product. Houses during booms don't sell cheaper than other houses just because the builders used illegal alien labor at half the costs of legal labor. All that did was drive honest people out of the house building business, is all.