this post was submitted on 17 Sep 2024
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[Dormant] Electric Vehicles
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How poor do you think Americans will be when all their jobs are replaced with Chinese slave labor? Are you really just completely ignorant of the purpose of tariffs?
Re-read what I wrote:
Do tariffs work? Maybe. You also have to remember that China will retaliate and impose tariffs on US good, so overall the effects of tariffs are rarely a net benefit for anyone - which is why they're rarely a good idea.
But the fact remains that the day after tariffs are applied, Americans lose access to cheaper goods. That's just a dry fact.
okay so...tomorrow is just not important?
LOL of course they do, that's why countries around the world have been using them for literal centuries...
It's a dry fact that completely ignores many other factors. Sometimes govs make decisions that make sacrifices that achieve a net benefit. They'd be fucking morons not to.
Again, reread what I wrote: I made no comment on the long term efficacy of tariffs. All I said was that when a presidential candidate says "we'll make China pay", it's factually incorrect.
...which is precisely the problem.