New here?
Create an account to submit posts, participate in discussions and chat with people.
Sign up
87
Consume Tariffs (media.scored.co)
posted 1 year ago by Spoonks on scored.co (+0 / -0 / +87Score on mirror )
You are viewing a single comment's thread. View all
akira2501 on scored.co
1 year ago 2 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.

Anyways..
LawrysSeasonedSoap on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
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.
HOGCRU on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
the other part he's missing is that things made in first world countries dont break in a month
ApexVeritas on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
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.
Toast message