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Interesting Article that Explains A Lot Regarding the Economy
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Quote:To me, that sounds like you are taxing the consumer to prop up manufacturers in the United States. I'm not sold on that idea. I mean, you wouldn't be wrong over characterizing it that way... And while I agree that new industries should be propped up as well, I think that evening the playing field so that businesses can't exploit third world labor has many benefits. To me, a tariff is one option that can be used to incentivize AND reward companies that manufacture in the usa. Tv's sounds so mundane, but if you level the labor market to allow American manufactures to compete on the usa, imagine the possible advancement that could happen based on Americans finally trying to compete with Korean and Chinese manufacturers. That's true trans national competition that could drive incredible innovation. In that way, I think the idea of getting rid of this free trade disaster is an important thing that needs to happen. |
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