YoursTruly
Platinum Member
- Dec 21, 2019
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Ok, so like there's a bunch of containers ships that are having a hard time getting unloaded along our coast, right? The supply chain is causing some woe's. I think we can all agree on that. Maybe not to the extent. But the fact that there is a back up means that we are importing way more than we're exporting.
And when we do that, it means we have less manufacturing jobs.
Let's say for example, Trump got his way and taxed TF out of imports. So much so that it equaled the amount of the final sale price of American goods. Americans would be forced to spend more for the Chinese crap. Or buy American products.
Buying American products means more jobs for Americans. It means more money staying in America.
Economics 101: More money staying in America, means less money the government has to borrow from the Fed, to maintain the economy. Which means that not only the money we have to pay back to the fed keeps from growing, but also the interest.
Which means the value of the USD would stay about the same for many more years than it is now. As in $10hr being a poverty wage, wouldn't turn into $15hr being a poverty wage within 5 years.
Plus, the economical impact of local markets would be better.
For the record, a trade war with China used to be something that the democrats would support, back when the democrats stood for the American working class. Now, the democrats care more about tranny rights, than the American working class.
Also, I didn't vote for Trump. I didn't like most of what Trump did. But increasing tariffs was a damn good idea, if you support the American working class.
And when we do that, it means we have less manufacturing jobs.
Let's say for example, Trump got his way and taxed TF out of imports. So much so that it equaled the amount of the final sale price of American goods. Americans would be forced to spend more for the Chinese crap. Or buy American products.
Buying American products means more jobs for Americans. It means more money staying in America.
Economics 101: More money staying in America, means less money the government has to borrow from the Fed, to maintain the economy. Which means that not only the money we have to pay back to the fed keeps from growing, but also the interest.
Which means the value of the USD would stay about the same for many more years than it is now. As in $10hr being a poverty wage, wouldn't turn into $15hr being a poverty wage within 5 years.
Plus, the economical impact of local markets would be better.
For the record, a trade war with China used to be something that the democrats would support, back when the democrats stood for the American working class. Now, the democrats care more about tranny rights, than the American working class.
Also, I didn't vote for Trump. I didn't like most of what Trump did. But increasing tariffs was a damn good idea, if you support the American working class.