TARIFFS // LONG OVER DUE

[manorvillemike]

The real leveling of the playing field //

USA has not had a trade surplus in 50 years//

Comments

[valued-customer]

I strongly agree.

Thanks!

[manorvillemike]

I am glad you do.. What ever you think of this guy Trump you got to admit he is trying to right the decades long sell out of our country.

[nuthman]

Man, I would love it if we could produce everything here again. I just don't know if the tariffs are going to do the job, though. One financial expert made a great point the other day. I will paraphrase, but it was something like this:

Let's say it costs $3 to make a product in Vietnam without tariffs, but cheap labor, and it costs $12 to make that product in a Texas factory with US labor and other costs etc. Now imagine you add a 300% tariff to Vietnamese imports. (I made it crazy high for illustrative purposes)

Even at a 300% tariff, the product only costs $9 to make. Which factory is the manufacturer still going to use?

I am trying to give these guys the benefit of the doubt, but I've yet to see any evidence from an actual economist that this makes sense mathematically.

[manorvillemike]

When all essential goods are made off shore we are owned by those who do. By owned I mean we are their slaves not the other way.

[thehivetuber]

Trade deficit for 50 years is really long😱 I didn’t know it’s been that way since the 70s. It kind of shows how much the U.S. depends on other countries

[manorvillemike]

Yep we use to produce everything in this Country.. Time to do it again ..

[thehivetuber]

💪💪💪 let's goooooo 😂😂

[eii]

👍

!BEER
!BBH
!WINE