With all the talk and threats of tariffs, it is interesting that our trade partners don’t seem to understand that they have no leverage or choice
"The Trump card in the trade war currently underway between the United States and its trade partners is the US consumer market. Our elected leaders over the past several decades have given it away for free to once-third world countries that couldn’t care less about us, stealing American jobs and greatly damaging the US manufacturing base with their cheap labor."Read this article... that explains it all on tariffs and why they are great and necessary for America. And every single Union in this country should be supporting Trump.
Milton Friedman, and I'm going to assume you are familiar with his School of Economic Thought, was fond of quoting the phrase: "There's no such thing as a Free Lunch".
ReplyDeleteYou have a penchant for veering off course when it comes to important issues. Nothing in Economics or Trade is clear cut. They seem to be on the surface, but there is always room for another model.
Thanks for your critique. LOL.Did you read this article?
ReplyDeleteTrump should just close the border . Screw Mexico. He needs to demand that for every person going north,we get to send a person south. One way to clean up the homeless in San Fran.
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