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87
Consume Tariffs (media.scored.co)
posted 1 year ago by Spoonks on scored.co (+0 / -0 / +87Score on mirror )
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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.
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