so I guess we shouldn't explore the consequences of policy now? I haven't made an assumption about what he plans to do but its imperative to examine the consequences of his plans don't you think?
I mean. The system is clearly rigged for corporations to maximize profit by exploiting cheap labor in corrupt countries like China. But. FORWARD!
you seem upset about it. I assume you don't buy chinese products? Did you even read the article I posted. It lays out the case pretty well as to why the trade imbalance doesn't particularly matter.
It would create jobs in the US and ultimately be good for the middle class. It would hurt the 1% and cause the cost of consumer goods to go up, but it would also keep more of our money in the US economy. Add to that less US money going to foreign entanglements. Add to that shoring up our borders. It wouldn't be painless, but I think the end result would be beneficial to the middle class. Corporations have been carving out profits out of the American middle class and the exploited poor around the globe.
A couple of days ago I put $20 of gas in at $1.55. If I had done it the day before I would have paid $1.43. Waiting cost me about 1 gallon of gas.
The 1% don't buy Chinese shit anyway. The cheap prices benefit the middle and lower classes. There is no easy or all encompassing answer to trade. We need to be competitive in all markets. Excessive protection is counterproductive as the Chinese and others are learning. We must demand fair trade and develop policies that encourage other countries raise the standard of living. As other countries' standard of living raises price level will even out.
Yes, so instead of having a good manufacturing job and buying US goods they now work at McDonald's and buy crappy Chinese shit. Sounds like it's just what the working class needs........according to the rich CEO's and business owners at least.
But it is. He was talking about some A/C company manufacturing in Mexico the other day. I think he said that he would put either a 25 or 35% tax on each unit coming into the country. Sounds great on the surface but don't think for a minute that it wouldn't be passed off onto the consumer.
