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Necalli on scored.co
1 year ago0 points(+0/-0)1 child
As someone who went to college and learned about business, economics, finance, and accounting. Got a Bachelor of business administration degree, majoring in accounting. Am presently an accountant. I'll preface what I'm about to say in that my teachers hated that I saw through the lies they taught, yet they couldn't challenge the facts I presented in various assignments and research papers. They wanted us all to obey the mantra that globalism and international free trade are amazing good things.
The tariffs are only a problem for the top 0.1% rich people trying to maximize the amount of money they can gain. Those are the only ones who benefit from international free trade. For the actual people living within the first world country free trade is only harmful. Yet it can be portrayed as beneficial as the cost of goods produced do decrease, however the reduction in local real jobs is harmful.
Tariff's damage international free trade and encourages internal production. Costs go up, but the money being spent remains in the local economy instead of leaving. Driving further economic local growth.
Trump is really using them as a negotiating tactic, however in honesty, placing tariffs on all imports is beneficial for the local economy. Whether that local economy is being talked about as the US, Canada, Britain, or any other western nation that has actual production capacity.
How much production capacity do we really have? I hear people talking about automation but i don't think we're there yet. And in the past, Republicans used vacant jobs as an excuse for approving more visas and migrants coming into the USA each year, which fucks over the local White population.
Production capacity has dropped in recent decades as free trade truly took off and international 3rd world communities proved they can produce a "good enough" product. Their "good enough" actually assists with the concepts of consumption and planned obsolescence. If china can only build a phone that lasts 3 years that is actually beneficial for selling more phones.
That said, production capacity can and will increase if it is incentivized, such as through large tariffs. As we're seeing now with car manufacturers now working to open, or reopen, localized manufacturing facilities. The US has large areas of land that can be used for manufacturing.
Automation is an aspect, and depending on what is being produced it is quite viable but expensive. It would really depend on the exact product being used, however costs would certainly be higher producing in the US than importing, UNLESS importing those goods cause a tariff high enough it pushes the cost above simply hiring local US staff.
The US has no need for immigrants. The advantage of immigrants are another lie the globalist push. Immigrants do increase the GDP of a nation, drive down labor costs, and drive up consumer demand. However those improvements are only of value to the top 0.1%. For the rest of society immigrants add nothing to long term stability as normal people have 0 need for actual economic growth. Immigration could be dropped to 0 and there would be a more sustainable growth through simple reproduction.
The tariffs are only a problem for the top 0.1% rich people trying to maximize the amount of money they can gain. Those are the only ones who benefit from international free trade. For the actual people living within the first world country free trade is only harmful. Yet it can be portrayed as beneficial as the cost of goods produced do decrease, however the reduction in local real jobs is harmful.
Tariff's damage international free trade and encourages internal production. Costs go up, but the money being spent remains in the local economy instead of leaving. Driving further economic local growth.
Trump is really using them as a negotiating tactic, however in honesty, placing tariffs on all imports is beneficial for the local economy. Whether that local economy is being talked about as the US, Canada, Britain, or any other western nation that has actual production capacity.
That said, production capacity can and will increase if it is incentivized, such as through large tariffs. As we're seeing now with car manufacturers now working to open, or reopen, localized manufacturing facilities. The US has large areas of land that can be used for manufacturing.
Automation is an aspect, and depending on what is being produced it is quite viable but expensive. It would really depend on the exact product being used, however costs would certainly be higher producing in the US than importing, UNLESS importing those goods cause a tariff high enough it pushes the cost above simply hiring local US staff.
The US has no need for immigrants. The advantage of immigrants are another lie the globalist push. Immigrants do increase the GDP of a nation, drive down labor costs, and drive up consumer demand. However those improvements are only of value to the top 0.1%. For the rest of society immigrants add nothing to long term stability as normal people have 0 need for actual economic growth. Immigration could be dropped to 0 and there would be a more sustainable growth through simple reproduction.