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LawrysSeasonedSoap on scored.co
1 year ago7 points(+0/-0/+7Score on mirror)3 children
Tariffs are taxes. Governments can only tax their own people. Therefore tariffs are taxes ON US. Someone please explain how this helps our economy AT ALL. Foreign products become more expensive and then domestic products increase in turn; in the end everything gets more expensive. Things that used to be affordable become unobtainable to the lower classes.
> Welfare for displaced workers
They all got different jobs, only lazy niggers get welfare
> the opiod crisis
Has nothing to do with importing chinese laptops. Tariffs wont stop greedy jews like the Sacklers from doing alchemic experiments on us.
> national security risks of relying on China
China has silicone, we don't, so we need to trade with them or not having any computer chips. But where did the exploding pagers come from?
I thought we didnt like Torba bc he supports gay marriage and adoption. But consooom more taxes.
1 year ago11 points(+0/-0/+11Score on mirror)4 children
>Foreign products become more expensive and then domestic products increase in turn;
No they don't. That's the point. The domestic product retains the competitive advantage against the foreign product, which leads to increased market share. If a domestic company wants to raise prices to match the foreign prices in order to increase profit, the run the risk of domestic competition, which WILL happen, because the nature of markets and business always pushes prices as low as they can until the product becomes a loss.
This is already happening, but because foreign countries have essentially 1/10th the labor costs of domestic companies, they have captured the market on all labor intensive goods that require low to no skill. It is an unfair advantage, which is why American companies build labor infrastructure off shore - to save on labor costs to be able to compete not only domestically but internationally.
A tariff places a cost on foreign made goods, and when that tariff is high enough, it eliminates the labor advantage of offshore enterprise and encourages domestic production. This is why it's called protectionism - you are protecting your national industries from cheap foreign goods. Every country on earth does it to the U.S. because we hold a massive market share for many goods and services.
In the 90s, business interests pushed for trade agreements with third world countries so they could save on labor costs and increase both competitive advantage and profit. That's why the U.S. was gutted of its manufacturing industry. There is a gook somewhere that will work in a factory for $2 a day and sew your adidas track suit.
Will prices rise? In the short term, possibly until the market regulates to the new conditions, but the other upside of protectionism is that the money spent on labor remains domestic and is distributed nationally to be spent nationally. That means the guy who sews your adidas sweatpants keeps his money in the U.S., buys U.S. goods, which stimulates the domestic economy (literally the exchange of money) instead of it being syphoned out of the country to be spent in other economies which do not benefit American workers.
As an example, if I buy my neighbors oranges, and he buys his neighbors shoes, and that person buys my screwdrivers, the money acts as it should - as a transfer of wealth between people in a closed system. Nobody actually loses in this scenario and the "economy" is strong as everyone gets what they need. Alternatively, if the person who I buy oranges from lives in Cambodia, he buys HIS neighbors goods, removing that capital from the local economy which makes everyone without access to that economy poorer. This is why (((internationalists))) don't care about local economies and are okay with globalism - they have access to all economies on earth, while the local worker only has access to his own.
In short, protectionism should create a "rising tide" in our national economy as wages increase, jobs are created, and capital remains within the closed circuit of local economies.
>China has silicone, we don't, so we need to trade with them or not having any computer chips.
This is a ridiculous statement. Silica is one of the most common elements in universe. The U.S. invented the computer chip. The reason why it's outsourced is precisely because of the reasons I stated above.
1 year ago4 points(+0/-0/+4Score on mirror)3 children
It's not just labour costs. Countries like china have subsidies for specific industries like automobiles which can seriously harm domestic manufacturing
That's a bit misleading. Every government with competent leadership subsidises agriculture and stock breeding as well as related industries to keep quality of life higher in rural areas so urban ones don't outpace them completely and keep these industries alive in case of shortage of imports and/or conflicts.
Canada in particular has that tariff once a certain quota is met which, if I am not mistaken, the USA hasn't been able to meet.
No, they did that to drive market share toward electric vehicles domestically for whatever reason (likely population control) and eat into legacy auto manufacturers market share internationally and thus crippling economies reliant on them, like the USA, Germany, France, Italy etc.
Even if you like tariffs in theory, it's hard to believe that the government can't and won't fuck this up.
Trump can't be the first U.S. President to try this. Can anyone give me a history lesson about previous times U.S. presidents imposed tariffs on multiple nations worth this much money in revenue?
The government was funded by taxes imposed on imported goods until 1913, with the revenue act of 1913 which reimposed income tax. They say the 1930 Smoot–Hawley Tariff Act was a fuck up. You can't really take it at face value though since the great depression was ongoing at the time.
The pure silicon used in the world's chip fabs mostly comes from Japan.
Ricardian comparative advantage is a factor but is mostly at the corporate level now rather than the country. e.g. Italian leather used to be considered the best because of the wealth of experience and knowledge transfer of Italian leather workers. Nowadays it is factories full of Chinese migrant workers living in Italy so they can still stamp "Made in Italy" on them and the Italians don't work.
e.g. [Giorgio Armani bags were produced by exploited Chinese workers near Milan, Italian police say](https://apnews.com/article/giorgio-armani-italian-fashion-supply-chain-abuses-exploitation-40cd94429e5a053c500383127a5c4ca2)
1 year ago2 points(+0/-0/+2Score on mirror)1 child
Foreign products become more expensive and then domestic products increase in turn;
> No they don't. That's the point. (...) Will prices rise? In the short term, possibly until the market regulates to the new conditions
I find it funny how you came to my same conclusion by the end. Its really simple, if you want to sell oranges to your neighbor for $3 but he can get them for $1 a town over, you will have to lower your price or potentially lose business. If a tax comes in to make the competition $5, you will likely raise your price $3 or more. In turn.
> capital remains within the closed circuit of local economies
Sound logic. But the government takes 30-50% on income and then ~10% on sales and on all the materials and tools needed, and more taxes on the land and the factory and many other various licensing fees. The money hardly stays within our local economy. Most of it goes to bullshit like USAID.
> The U.S. invented the computer chip
Things that used to be affordable become unobtainable to the lower classes. I spent $30 on this device. What's the American equivalent? 1000+ probably. Computer chips are a great example of a product necessary to our economy that would become so expensive that itd be ultimately unaffordable to most people.
>If a tax comes in to make the competition $5, you will likely raise your price $3 or more. In turn.
Not if the competition in your own market remains. If someone else can start an orange business they can undercut you to gain a foothold in the market. This is the nature of business and markets and the reason we are in this predicament to begin with. The Chinese can undercut American companies on price because their "overhead" is less than their competition.
Prices always approach zero while quality goes up. The only way a non-governmental monopoly can exists is buy having the best quality good at the lowest price possible. You must literally eliminate all competition and possibility for competition. This is why non-governmental monopolies have never existed, and if they do, it will be the best product imaginable and good for the consumer.
So what next? MAGAtards will complain that we need to import more immigrants to fill the new domestic factories that now produce cheap low skilled shit?
Are any of you White guys eager to work in one of these new domestic factories to produce widgets every day? Not me.
The guys who seem to be pro-tariff don't seem to see some of the downsides. The government is not going to spend the new revenue on pro-White agenda. It will be spent on programs to fuck over White people. Also any domestic manufacturing will likely require more laborers because neither Republicans nor Trump have the balls to end the welfare state and make low iq niggers and spics get to work in factories.
1 year ago2 points(+0/-1/+3Score on mirror)2 children
>Someone please explain how this helps our economy AT ALL
You are only focusing on part of the comprehensive overhaul of the economy.
1) One of the end goals of tariffs is to replace the federal income tax. Trump has talked many times about abolishing the IRS and replacing it with the ERS (External Revenue Service).
2) Another part of Trump's economic plan to mitigate the tariff impact on America is massive investment in domestic energy production. More domestic energy = lower costs on everything for everyone + makes our exports more competitive from the lower cost.
1. I have zero confidence mr $1000 stimulus after years of lockdown is gonna lower our income taxes. He says a lot of things and then does the opposite. IF this actually happened, Id change my tune of course. But dont hold your breath.
2. Oh really? Are we getting nuclear plants? Or are we fracking more national parks like the last term?
> One of the end goals of tariffs is to replace the federal income tax.
If this is the goal then the govt. is incentivized to minimize domestic production and import food and goods to maximize tarrif revenue. Especially of inelastic demanded goods where the higher price does not depress demand. The spending on these goods reduces discretionary spending.
You might trust Trump on this but what happens in the long term?
Sounds like the %age spent on food will increase.
I guess this supports the goals of ConPro to reduce consuming but I would rather have $ than not.
1 year ago2 points(+0/-0/+2Score on mirror)2 children
You're missing one simple thing.
Foreign products become so expensive that they're not selling and thus not worth shipping here.
Two choices. Lose sales. Open factory in the US.
To those who think "tooling" is a challenge. It's 2025. "Tooling" is a problem if you want to make microchips. For the level of precision to make a toaster it's not anything anyone would even seriously think about. Plus capital outlays get special tax and depreciation treatment.
Right now we have cheap chinese stuff that could be half the price of the same domestic product due to our higher labor costs. If you wanted to sell something, youd compete with that price and itd be very difficult to make a profit, and there would be two choices: optimize your operation or make a higher quality product that worth the extra cost.
That means cheaper stuff or better stuff. Both options involve more jobs. The only downside is the increased risk entrepreneurs take by competing. This is the system that has caused the culture in America where we know our products are better and stereotype cheap chinese crap as cheap chinese crap.
This is false. Most large corporations make products, designed by engineers, that are designed to fail on purpose. It's called obsolescence. They do not want to make products that last a lifetime, or that you can pass on to your kids. They want their products to fail, and for you to remain a perpetual consumer.
> Welfare for displaced workers
They all got different jobs, only lazy niggers get welfare
> the opiod crisis
Has nothing to do with importing chinese laptops. Tariffs wont stop greedy jews like the Sacklers from doing alchemic experiments on us.
> national security risks of relying on China
China has silicone, we don't, so we need to trade with them or not having any computer chips. But where did the exploding pagers come from?
I thought we didnt like Torba bc he supports gay marriage and adoption. But consooom more taxes.
No they don't. That's the point. The domestic product retains the competitive advantage against the foreign product, which leads to increased market share. If a domestic company wants to raise prices to match the foreign prices in order to increase profit, the run the risk of domestic competition, which WILL happen, because the nature of markets and business always pushes prices as low as they can until the product becomes a loss.
This is already happening, but because foreign countries have essentially 1/10th the labor costs of domestic companies, they have captured the market on all labor intensive goods that require low to no skill. It is an unfair advantage, which is why American companies build labor infrastructure off shore - to save on labor costs to be able to compete not only domestically but internationally.
A tariff places a cost on foreign made goods, and when that tariff is high enough, it eliminates the labor advantage of offshore enterprise and encourages domestic production. This is why it's called protectionism - you are protecting your national industries from cheap foreign goods. Every country on earth does it to the U.S. because we hold a massive market share for many goods and services.
In the 90s, business interests pushed for trade agreements with third world countries so they could save on labor costs and increase both competitive advantage and profit. That's why the U.S. was gutted of its manufacturing industry. There is a gook somewhere that will work in a factory for $2 a day and sew your adidas track suit.
Will prices rise? In the short term, possibly until the market regulates to the new conditions, but the other upside of protectionism is that the money spent on labor remains domestic and is distributed nationally to be spent nationally. That means the guy who sews your adidas sweatpants keeps his money in the U.S., buys U.S. goods, which stimulates the domestic economy (literally the exchange of money) instead of it being syphoned out of the country to be spent in other economies which do not benefit American workers.
As an example, if I buy my neighbors oranges, and he buys his neighbors shoes, and that person buys my screwdrivers, the money acts as it should - as a transfer of wealth between people in a closed system. Nobody actually loses in this scenario and the "economy" is strong as everyone gets what they need. Alternatively, if the person who I buy oranges from lives in Cambodia, he buys HIS neighbors goods, removing that capital from the local economy which makes everyone without access to that economy poorer. This is why (((internationalists))) don't care about local economies and are okay with globalism - they have access to all economies on earth, while the local worker only has access to his own.
In short, protectionism should create a "rising tide" in our national economy as wages increase, jobs are created, and capital remains within the closed circuit of local economies.
>China has silicone, we don't, so we need to trade with them or not having any computer chips.
This is a ridiculous statement. Silica is one of the most common elements in universe. The U.S. invented the computer chip. The reason why it's outsourced is precisely because of the reasons I stated above.
I make sure to remind my fellows of this when they start getting riled about the tariffs; *we* started it 30 years ago.
Canada in particular has that tariff once a certain quota is met which, if I am not mistaken, the USA hasn't been able to meet.
Trump can't be the first U.S. President to try this. Can anyone give me a history lesson about previous times U.S. presidents imposed tariffs on multiple nations worth this much money in revenue?
The pure silicon used in the world's chip fabs mostly comes from Japan.
Ricardian comparative advantage is a factor but is mostly at the corporate level now rather than the country. e.g. Italian leather used to be considered the best because of the wealth of experience and knowledge transfer of Italian leather workers. Nowadays it is factories full of Chinese migrant workers living in Italy so they can still stamp "Made in Italy" on them and the Italians don't work.
e.g. [Giorgio Armani bags were produced by exploited Chinese workers near Milan, Italian police say](https://apnews.com/article/giorgio-armani-italian-fashion-supply-chain-abuses-exploitation-40cd94429e5a053c500383127a5c4ca2)
> No they don't. That's the point. (...) Will prices rise? In the short term, possibly until the market regulates to the new conditions
I find it funny how you came to my same conclusion by the end. Its really simple, if you want to sell oranges to your neighbor for $3 but he can get them for $1 a town over, you will have to lower your price or potentially lose business. If a tax comes in to make the competition $5, you will likely raise your price $3 or more. In turn.
> capital remains within the closed circuit of local economies
Sound logic. But the government takes 30-50% on income and then ~10% on sales and on all the materials and tools needed, and more taxes on the land and the factory and many other various licensing fees. The money hardly stays within our local economy. Most of it goes to bullshit like USAID.
> The U.S. invented the computer chip
Things that used to be affordable become unobtainable to the lower classes. I spent $30 on this device. What's the American equivalent? 1000+ probably. Computer chips are a great example of a product necessary to our economy that would become so expensive that itd be ultimately unaffordable to most people.
Not if the competition in your own market remains. If someone else can start an orange business they can undercut you to gain a foothold in the market. This is the nature of business and markets and the reason we are in this predicament to begin with. The Chinese can undercut American companies on price because their "overhead" is less than their competition.
Prices always approach zero while quality goes up. The only way a non-governmental monopoly can exists is buy having the best quality good at the lowest price possible. You must literally eliminate all competition and possibility for competition. This is why non-governmental monopolies have never existed, and if they do, it will be the best product imaginable and good for the consumer.
Are any of you White guys eager to work in one of these new domestic factories to produce widgets every day? Not me.
The guys who seem to be pro-tariff don't seem to see some of the downsides. The government is not going to spend the new revenue on pro-White agenda. It will be spent on programs to fuck over White people. Also any domestic manufacturing will likely require more laborers because neither Republicans nor Trump have the balls to end the welfare state and make low iq niggers and spics get to work in factories.
What will probably happen is there will be massive innovation in automation. We're essentially abolishing slavery.
>The government is not going to spend the new revenue on pro-White agenda. [...]
They never were anyway. So you'd be okay with tariffs if they promoted White people? Bizarre take.
You are only focusing on part of the comprehensive overhaul of the economy.
1) One of the end goals of tariffs is to replace the federal income tax. Trump has talked many times about abolishing the IRS and replacing it with the ERS (External Revenue Service).
2) Another part of Trump's economic plan to mitigate the tariff impact on America is massive investment in domestic energy production. More domestic energy = lower costs on everything for everyone + makes our exports more competitive from the lower cost.
2. Oh really? Are we getting nuclear plants? Or are we fracking more national parks like the last term?
If this is the goal then the govt. is incentivized to minimize domestic production and import food and goods to maximize tarrif revenue. Especially of inelastic demanded goods where the higher price does not depress demand. The spending on these goods reduces discretionary spending.
You might trust Trump on this but what happens in the long term?
Sounds like the %age spent on food will increase.
I guess this supports the goals of ConPro to reduce consuming but I would rather have $ than not.
Foreign products become so expensive that they're not selling and thus not worth shipping here.
Two choices. Lose sales. Open factory in the US.
To those who think "tooling" is a challenge. It's 2025. "Tooling" is a problem if you want to make microchips. For the level of precision to make a toaster it's not anything anyone would even seriously think about. Plus capital outlays get special tax and depreciation treatment.
Anyways..
That means cheaper stuff or better stuff. Both options involve more jobs. The only downside is the increased risk entrepreneurs take by competing. This is the system that has caused the culture in America where we know our products are better and stereotype cheap chinese crap as cheap chinese crap.