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2018-07-25 Home Front: Politix
It’s illuminating that the populist left agrees with the populist right on principle on trade.
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Posted by 3dc 2018-07-25 00:00|| || Front Page|| [2 views ]  Top

#1 Trade between countries with zero tariffs but differing rents simply exports jobs to the low rent countries.
Posted by Bright Pebbles 2018-07-25 04:11||   2018-07-25 04:11|| Front Page Top

#2 And placing tariffs on those goods simply subsidizes those jobs, however uneconomic, with US tax dollars.
Posted by Iblis 2018-07-25 12:45||   2018-07-25 12:45|| Front Page Top

#3 Getting the Chinese to come clean on their monetary policy and the end of their phony exchange rate on the Yuan would definitely change things without tariffs.

They can bs and threaten us all they like about dumping T-bills and stuff but they need hard currency US dollars to prop up their house of cards/Ponzi scheme economy.
Posted by Sock Puppet of Doom 2018-07-25 15:02||   2018-07-25 15:02|| Front Page Top

#4 Is it cheaper to "subsidise" the jobs or the benefits?

It would of course be better if there was less rent in the American economy (in relation to wages), but it still would not help those at the lowest productivity.

Tariffs seem much less harmful than income (and deffered income aka sales)taxes.
Posted by Bright Pebbles 2018-07-25 15:12||   2018-07-25 15:12|| Front Page Top

#5 As soon as somebody points out her failure to trash Trump, she'll walk it back. I also don't think she gave up her socialist creds.
Posted by Bobby 2018-07-25 16:02||   2018-07-25 16:02|| Front Page Top

#6 And placing tariffs on those goods simply subsidizes those jobs, however uneconomic, with US tax dollars.

Instead of government subsidies for unemployment, rent, food, et al which cost tax dollars?
Posted by Procopius2k 2018-07-25 20:19||   2018-07-25 20:19|| Front Page Top

#7 It was reported tonight that as a result of Trump's EU trade agreement today that tariffs on goods coming both ways. .
Posted by JohnQC 2018-07-25 23:55||   2018-07-25 23:55|| Front Page Top

#8 tariffs would be removed (to complete the sentence).
Posted by JohnQC 2018-07-25 23:56||   2018-07-25 23:56|| Front Page Top

23:56 JohnQC
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