pknopp
Diamond Member
- Jul 22, 2019
- 70,665
- 27,307
But the trade deficit exist due to individual shoppers.
With better trade policy, we can encourage American consumers to buy American, and nurture American employment and wages.
Americans are still going to buy the cheap stuff out of Thailand or wherever manufacturing goes to.
Perhaps. But maybe those nations will realize, that they have to engage in more equitable and fair trade, or we will won't play with them either.
As has been pointed out many times, it's not the countries, it's the American business that want to exploit their cheap labor.
Countries where the people get paid very little can't afford to buy our products.
1. It is both. I support policy to combat both.
You can want it all you want, but we are not going to do it. We blame our problems on everything except for where it belongs. Wall Street/bankers/markets/corporations.
We blame people who want to better themselves for coming here rather than those inviting them here. We blame other countries for our business moving there to take advantage of their low wages. We come up with all kinds of excuses to invade other countries when it's nothing more than a way to boost the markets.
2. If China is incapable of mutually beneficial trade, then let US stop trading with them, or at least dial it back to what they can match.
As has been pointed out, that solves nothing. It simply moves the problem.