Brain357
Platinum Member
- Mar 30, 2013
- 37,068
- 4,189
Right now we make cheap stuff in China while Americans can't afford rent and food because they have no jobs. By putting in tariffs and doing a trade war, stuff will become more expensive. More Americans will have jobs again and be able to afford rent and food made in America. True some things like big screen tv's will be too expensive for the normal American to buy but that is as it should be, as long as they can afford the necessities. I'm not talking about the rich Americans, I'm talking about the poor ones.I'm more than willing to discuss his trade proposal without going into the nonsensicalness, and outright duplicity of his tax proposals.It's very simple as a CEO of manufacturing companies or retail, whatever, he gets his stuff made the cheapest possible for the best quality possible to maximize profit.So why does Trump use overseas or foreign companies to produce the products he sells?
As President he's going to try to make it more feasible to be profitable with made in America stuff.
However, his proposal does not do what you said he'd attempt "to make it more feasible to be profitable with [stuff] made in America". Our major imports from China are computers, cell phones, and other electrical equipment. We aren't going to make that stuff cheaper than China does. If we could, mfters wouldn't have moved jobs There in the first place.
So, what Trump is suggesting is we use tariffs (which would set off a trade war that we'd lose because China can call in our debt) OR he'd give mfters subsidies or tax breaks to make stuff here (which might or might not set off a trade war. China might not call in our debt, but they'd stop buying cars and petroleum and ore from us). In either event the stuff maftered here would cost more, SO biz and consumers have to pay more.
He's oversimplifying things. We had this debate back in the 80s, and Trump's side, and labor, lost. Americans wanted the best/cheapest stuff regardless of whether Americans lost jobs. Trump blames the Clintons. The Clintons are certainly poster children for the pro-trade anti-labor DLC. But the DLC premised taxing the benefits of trade to pay for education and social services. They were unable to get congress to go along.
Most economists disagree with that. How big do the tariffs gets before it creates jobs? What if they don't create jobs? Then it is just a new sales tax.