Biff_Poindexter
Diamond Member
Wanna buy laundry equipment for your home? Good luck paying more than you used to, thanks to Donald J. Trump and his tariffs. In this thread, we will come up with ideas as to how to lower said prices again:
Opinion | Trump’s tariffs are already backfiring
Yes, with protective tariffs, some items will cost more, because they're not being made in dirt-wage factories overseas but by Americans who are earning a decent wage and benefits in American factories. And instead of part of the profits going overseas, all of those profits are staying here in our country. And those American factory workers, instead of working at some service-industry job making $10-$15 an hour, are making $20-$30 an hour and are able to buy more goods and services in their area.
I do wish one of you folks who keep bashing protective tariffs would explain why China has grown by leaps and bounds with a fiercely protectionist tariffs. China's growth rate has dwarfed ours for years, and yet China has some of the highest tariffs in the world. China understands that protecting your own industries and products is sound policy. We used to understand that as well.
So is this an example when its ok to do what foreign countries do?
Because I don't often hear that mantra when it comes to healthcare
Oh by the way, the whole concept of paying workers higher wages so they stimulate the economy due to the fact they will put that money back into the economy sounds very liberal