Brain357
Platinum Member
- Mar 30, 2013
- 37,068
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Those who think we should not raise min wage because it may increase prices better think about trumps tariff plans:
Trump, as president, would have no power to tax the Chinese. But he can tax Americans, and that's what a tariff is. American consumers would be forced to pay higher prices for Chinese goods. The tariff would also raise revenues for the U.S. government. In other words, money out of your pocket and into the largest government pockets on earth. Trump, instead of shrinking the gargantuan U.S. government would, with tariffs, bloat it further.
In keeping with government tradition, Trump is essentially promising us "Always Higher Prices". Perhaps he can trademark that along with "Make America Great Again".
Protectionism is very dangerous. When governments get started in trade wars, they all too often lead to actual hot wars.
Trump's ideas must be thoroughly rejected.
Trump Wants To "Beat China" By Taxing Americans?
Wrong
Trump doesn't want to put tariffs on products from China, he wants to threaten China with tariffs if they agree to more favorable trade deals.
Not sure why ANYONE would oppose the US fighting to get deals that actually benefit Americans.
What is better than us getting lots of items really cheap? You are against a free market?