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re: If consumers will pay the tariffs, WHY did US companies move?

Posted on 6/1/19 at 9:40 am to
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29311 posts
Posted on 6/1/19 at 9:40 am to
quote:

I wish this board understood absolute and comparative advantages. Countries are better suited / more efficient than others at certain tasks.



I wish people understood that countries cheating to create those advantages only creates shitty markets.
Posted by trinidadtiger
Member since Jun 2017
18680 posts
Posted on 6/1/19 at 10:05 am to
quote:

quote:
I wish this board understood absolute and comparative advantages. Countries are better suited / more efficient than others at certain tasks.


I wish people understood that countries cheating to create those advantages only creates shitty markets.



Though I must agree with him on one point, the market has not devolved, ITS IMPLODED. We have lost 50% of the GDP we had at one time. Had we just maintained that market share EVERY American would be averaging 100K plus in income, there would be no national debt and very little need for social programs of any kind....but nah the US market hasnt devolved.....
Posted by biglego
San Francisco
Member since Nov 2007
83089 posts
Posted on 6/1/19 at 11:10 am to
quote:

So DJT stole the idea from Bernie. Interesting.


Are you suggesting Bernie invented the idea of tariffs?
Posted by Dead End
Baton Rouge
Member since Aug 2013
21237 posts
Posted on 6/1/19 at 11:50 am to
Fox has been obsessing over tariffs.
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