Open borders and open trade

[Dale Smith]

People really should not talk about economics theory when they were never educated in economics.

Take your own advice, dumb ass.....

 

[Brain357]

http://www.nationalreview.com/article/432462/

 

[Brain357]

People really should not talk about economics theory when they were never educated in economics.

I have a master's in economics...

Oops.

Please share any economist that thinks tariffs work.

 

[Onyx]

I have a master's in economics...

Oops.

I was mostly talking about Indeependent

He just kept ranting on things that made no sense and were blatantly false.

 

[Indeependent]

http://www.nationalreview.com/article/432462/

Neo-Conservative Publication.
I've been reading their lies for over a decade.

 

[Onyx]

Please share any economist that thinks tariffs work.

Lol, every economist I have ever read the works of was anti-tariff.

Some think they work in extreme instances, but no economist of any renown has crusaded for protectionism..

 

[Dale Smith]

http://www.nationalreview.com/article/432462/

The requested page "/article/432462" could not be found.


"The requested page "/article/432462" could not be found"


Nicely done, dumb ass........

 

[Brain357]

Donald Trump's Entirely Ridiculous Idea Of A 45% Tax On Chinese Imports

Just foolishness. The reason why it needs to be seen as foolishness is the simple one that imports are the very reason we conduct trade at all. There are some things that other people who live in other places can make better, cheaper or nicer than we can. When those people live in other countries we call buying those better, cheaper, nicer things imports. But the concept is no different from you importing food into your household by dropping into the Quick E Mart. You are getting the food cheaper, better or nicer than you can make it out of your own suburban lot. Buying some spanners from China is conceptually no different from this at all.

And you really would think people were very strange indeed if they proposed that you should tax yourself 45% on the food from the supermarket, wouldn’t you? So, why would or should the American government tax Americans on what they buy from China?

Because the Chinese goods are cheaper? But that’s the whole point of having imports in the first place. Exports are just the work we have to do to afford them. And look what such a tariff does: We now have to do more export work in order to be able to afford the imports we want.

That is, import tariffs make us poorer–and that really isn’t the point or purpose of having government or even an economy at all. Import tariffs are a stupid, no good, lousy idea and one of 45% on all Chinese imports into America is a particularly bad example of that bad idea. If implemented such a tariff would simply make all Americans poorer. This isn’t a good idea. Let’s not do it.

 

[Dale Smith]

Please share any economist that thinks tariffs work.

Lol, every economist I have ever read the works of was anti-tariff.

Some think they work in extreme instances, but no economist of any renown has crusaded for protectionism..

Names????????

 

[Indeependent]

Only the ed

I have a master's in economics...

Oops.

I was mostly talking about Indeependent

He just kept ranting on things that made no sense and were blatantly false. I

I have destroyed dozens of Neo-Consercatives Investors over lunches and dinners.
If you were sitting opposite me at a table with over 20 people at the table you would have left the room already.
Neo-Cons HATE when I ask for concrete examples of how 98% of a population reduced to the service sector indicates good Economic Policy.
It's ALWAYS good when a few million Electrical Engineers get laid off due to Off-Shoring and Business Visas.

 

[Norman]

Donald Trump's Entirely Ridiculous Idea Of A 45% Tax On Chinese Imports

Just foolishness. The reason why it needs to be seen as foolishness is the simple one that imports are the very reason we conduct trade at all. There are some things that other people who live in other places can make better, cheaper or nicer than we can. When those people live in other countries we call buying those better, cheaper, nicer things imports. But the concept is no different from you importing food into your household by dropping into the Quick E Mart. You are getting the food cheaper, better or nicer than you can make it out of your own suburban lot. Buying some spanners from China is conceptually no different from this at all.

And you really would think people were very strange indeed if they proposed that you should tax yourself 45% on the food from the supermarket, wouldn’t you? So, why would or should the American government tax Americans on what they buy from China?

Because the Chinese goods are cheaper? But that’s the whole point of having imports in the first place. Exports are just the work we have to do to afford them. And look what such a tariff does: We now have to do more export work in order to be able to afford the imports we want.

That is, import tariffs make us poorer–and that really isn’t the point or purpose of having government or even an economy at all. Import tariffs are a stupid, no good, lousy idea and one of 45% on all Chinese imports into America is a particularly bad example of that bad idea. If implemented such a tariff would simply make all Americans poorer. This isn’t a good idea. Let’s not do it.

The difference is, you don't go into debt each time you buy something from the Mart. In other words, you CAN'T afford the imports. That's why there is such a huge trade deficit.

 

[Indeependent]

Donald Trump's Entirely Ridiculous Idea Of A 45% Tax On Chinese Imports

Just foolishness. The reason why it needs to be seen as foolishness is the simple one that imports are the very reason we conduct trade at all. There are some things that other people who live in other places can make better, cheaper or nicer than we can. When those people live in other countries we call buying those better, cheaper, nicer things imports. But the concept is no different from you importing food into your household by dropping into the Quick E Mart. You are getting the food cheaper, better or nicer than you can make it out of your own suburban lot. Buying some spanners from China is conceptually no different from this at all.

And you really would think people were very strange indeed if they proposed that you should tax yourself 45% on the food from the supermarket, wouldn’t you? So, why would or should the American government tax Americans on what they buy from China?

Because the Chinese goods are cheaper? But that’s the whole point of having imports in the first place. Exports are just the work we have to do to afford them. And look what such a tariff does: We now have to do more export work in order to be able to afford the imports we want.

That is, import tariffs make us poorer–and that really isn’t the point or purpose of having government or even an economy at all. Import tariffs are a stupid, no good, lousy idea and one of 45% on all Chinese imports into America is a particularly bad example of that bad idea. If implemented such a tariff would simply make all Americans poorer. This isn’t a good idea. Let’s not do it.

Over 98% of Americans are poor.
What do you do for a living?

 

[Dale Smith]

Donald Trump's Entirely Ridiculous Idea Of A 45% Tax On Chinese Imports

Just foolishness. The reason why it needs to be seen as foolishness is the simple one that imports are the very reason we conduct trade at all. There are some things that other people who live in other places can make better, cheaper or nicer than we can. When those people live in other countries we call buying those better, cheaper, nicer things imports. But the concept is no different from you importing food into your household by dropping into the Quick E Mart. You are getting the food cheaper, better or nicer than you can make it out of your own suburban lot. Buying some spanners from China is conceptually no different from this at all.

And you really would think people were very strange indeed if they proposed that you should tax yourself 45% on the food from the supermarket, wouldn’t you? So, why would or should the American government tax Americans on what they buy from China?

Because the Chinese goods are cheaper? But that’s the whole point of having imports in the first place. Exports are just the work we have to do to afford them. And look what such a tariff does: We now have to do more export work in order to be able to afford the imports we want.

That is, import tariffs make us poorer–and that really isn’t the point or purpose of having government or even an economy at all. Import tariffs are a stupid, no good, lousy idea and one of 45% on all Chinese imports into America is a particularly bad example of that bad idea. If implemented such a tariff would simply make all Americans poorer. This isn’t a good idea. Let’s not do it.[/QUO


Tariffs would make the robber barons "poorer" but that's about it........the same robber barons that sent jobs over to China......how fucking stupid are you?

 

[Onyx]

Names????????

I'll start with the most renowned in the world.

Friedrich Hayek, Murray Rothbard, John Keynes, Milton Friedman, and Ludwig Von Mises.

 

[Brain357]

Donald Trump's Plan To Make Americans Poor Again

Donald Trump’s trade policies would cost the typical U.S. household $11,100 over 5 years if a 45% tariff on imports from China and Japan and 35% on Mexican imports were effective in blocking imports, according to the study by the National Foundation for American Policy. The study was authored by David G. Tuerck, professor and chairman of the Department of Economics, Suffolk University, and executive director of the Beacon Hill Institute, and Paul Bachman and Frank Conte of the Beacon Hill Institute. The impact of such tariffs would hit poor Americans the hardest: costing U.S. households in the lowest 10% of income up to 18% of their (mean) after-tax income or $4,670 over 5 years.

Would such tariffs achieve Donald Trump’s goal of protecting U.S. workers from foreign competition? Ironically, the answer is “no.” Tuerck, Bachman and Conte “examined 30 randomly selected cases over the past 15 years when the U.S. government imposed anti-dumping or countervailing duties on goods and found that, in the aggregate, imports of those goods rose by 25% from the year before the duty order was issued, meaning producers from countries not affected by the duties exported similar goods to the United States.”

 

[Indeependent]

Please share any economist that thinks tariffs work.

Lol, every economist I have ever read the works of was anti-tariff.

Some think they work in extreme instances, but no economist of any renown has crusaded for protectionism..

https://www.amazon.com/Free-Trade-Doesnt-Work-Replace/dp/0578079674/?tag=usmb-20
Uses concrete examples, NOT theoretical bullshit.
And will answer your emails.

 

[Brain357]

A policy of imposing tariffs against imports from China, Japan and Mexico, which as economist Mark J. Perry notes is really a tax on U.S. consumers, would, if “effective,” dramatically reduce U.S. exports to the targeted countries. The study finds, “Even without retaliation, exports to the three countries would fall by 78% as a result of business losses that the three countries would incur as U.S. imports from them declined.”

Upending the world trading system would bring dramatic results, none of them good for Americans. Donald Trump fails to understand that and indeed boasts about how much harm he can do to other countries, while also failing to realize it is Americans who he will harm the most. Doesn’t that make him a dangerous man to hand the power of the presidency?

 

[Indeependent]

Names????????

I'll start with the most renowned in the world.

Friedrich Hayek, Murray Rothbard, John Keynes, Milton Friedman, and Ludwig Von Mises.

How many decades ago were they relevant?
Milton Friedman masturbated to...Milton Friedman.

 

[Dale Smith]

Names????????

I'll start with the most renowned in the world.

Friedrich Hayek, Murray Rothbard, John Keynes, Milton Friedman, and Ludwig Von Mises.

Communists and Fabian Socialists????? Seriously????

 

[Indeependent]

A policy of imposing tariffs against imports from China, Japan and Mexico, which as economist Mark J. Perry notes is really a tax on U.S. consumers, would, if “effective,” dramatically reduce U.S. exports to the targeted countries. The study finds, “Even without retaliation, exports to the three countries would fall by 78% as a result of business losses that the three countries would incur as U.S. imports from them declined.”

Upending the world trading system would bring dramatic results, none of them good for Americans. Donald Trump fails to understand that and indeed boasts about how much harm he can do to other countries, while also failing to realize it is Americans who he will harm the most. Doesn’t that make him a dangerous man to hand the power of the presidency?

Japan and Germany make quality products and pay their workers well.