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re: Milton Friedman quotes on protective tariffs
Posted on 8/19/23 at 2:40 pm to masoncj
Posted on 8/19/23 at 2:40 pm to masoncj
The entire IP issue as the cult understands it from their cult media is about IP theft in America which is virtually non existant due to strong IP laws here.
The IP theft Trump was trying to stop was in China--the people he was helping the trade war were US multinationals doing business there. Obviously the solution to IP theft in China is to stop trying to sell into China.
There is no possible way Friedman would have supported the trade war with China. There was nothing fair about Trump taxing American importers in order to advance the interest of large US banks and multinational companies.
The IP theft Trump was trying to stop was in China--the people he was helping the trade war were US multinationals doing business there. Obviously the solution to IP theft in China is to stop trying to sell into China.
There is no possible way Friedman would have supported the trade war with China. There was nothing fair about Trump taxing American importers in order to advance the interest of large US banks and multinational companies.
1
Posted on 8/19/23 at 2:42 pm to I B Freeman
quote:
Obviously the solution to IP theft in China is to stop trying to sell into China.
So only imports…no exports.
You posting that is the least surprising thing that I have ever read on this site.
Posted on 8/19/23 at 2:50 pm to jimmy the leg
quote:
You posting that is the least surprising thing that I have ever read on this site.
That clown thinks the CCP literally buying up the US, including politicians, is an act of “free trade”.
Posted on 8/19/23 at 3:21 pm to jimmy the leg
The government shouldn't be involved in limiting either. What I am saying if you as a company are concerned about IP theft in China then don't sell there.
Posted on 8/19/23 at 3:24 pm to thebigmuffaletta
Are you saying a farmer wanting to sell his farm for the most money should not be allowed to if the most money is coming from a Chinese entity???
Posted on 8/19/23 at 3:27 pm to HailHailtoMichigan!
This trump republican party doesn't care about economic theory or really any ideas...it's all just populist grievances and retribution.
Posted on 8/19/23 at 4:10 pm to HailHailtoMichigan!
You’re off your meds and probably want to give John Maynard Keynes a blow job because you’re also a homosexual. Milton Friedman would laugh at your post, because you are a pseudo-intellectual moron.
Posted on 8/19/23 at 4:21 pm to SlowFlowPro
quote:
Socialism is socialism.
And what you are trying to say is socialism isn't.
quote:
I am talking about the US today. Nobody cares about this attempt to divert the conversation into unrelated subjects.
Oh no no sir. It's very related. We did everything that we are talking about prior to WWII.
The fact is, if you actually believe the bs you are spouting while calling it socialism, then the USA has always been socialist.
quote:
Does he want tariffs? Tarrifs are regulations.
Tariffs are trade tools. Trump removed regulations. I linked it and can link more.
Posted on 8/19/23 at 4:23 pm to I B Freeman
quote:
Are you saying a farmer wanting to sell his farm for the most money should not be allowed to if the most money is coming from a Chinese entity???
So you’re okay with the CCP buying up our critical farmland? Would you have been okay with this if the Soviets or Nazis were doing it?
You absolutists would completely sell out the US to our enemies under the guise of ‘free trade’.
Posted on 8/19/23 at 4:23 pm to I B Freeman
I'm saying it. Damn straight.
Posted on 8/19/23 at 4:42 pm to Jjdoc
trump removed over taxation and over regulation that kills jobs,
Posted on 8/19/23 at 5:53 pm to thebigmuffaletta
quote:
You absolutists would completely sell out the US to our enemies under the guise of ‘free trade’.
That is a fact.
Posted on 8/19/23 at 7:18 pm to Jjdoc
quote:
And what you are trying to say is socialism isn't.
OK then. Define socialism for me.
Don't give examples. Don't try to cite historical policies from 200 years ago. Give me an operative definition of "socialism"
quote:
Tariffs are trade tools.
Via regulation and taxes.
quote:
Trump removed regulations.
And added many, like tariffs and the bump stock ban
Posted on 8/19/23 at 7:19 pm to Fat Bastard
quote:
trump removed over taxation and over regulation that kills jobs,
GOPE policies, not Trump policies. He just rubber-stamped a policy that wasn't his
Posted on 8/19/23 at 9:55 pm to SlowFlowPro
quote:
That is a different argument and that policy has to be applied somewhat limitedly or else you're just effectively a hardcore socialist.
It’s not socialism to think you country owes more to its own people and it’s own security than the Chinese just because the Chinese can make a widget cheaper
Posted on 8/19/23 at 10:04 pm to SlowFlowPro
quote:
Don't give examples. Don't try to cite historical policies from 200 years ago. Give me an operative definition of "socialism"
Worker ownership of the means of production or failing that substantial redistribution policies. Protective tariffs are more nationalist than socialist. They are based on the idea that the United States needs to produce some things here, and that certain industries are important for the well being of our society. Socialism believes there is no difference between a worker in China and a worker in Brazil and a worker in Ohio, and that all of the differences that separate them are an accident of history and matter less than their class interest. A nationalist says the Chinese should look out for the interests of the Chinese, the Brazil is responsible for Brazilians, and our government owes allegiance to the American people.
If anything Globalist economists are closer to the Marx in thinking religious, national, ethnic, and cultural identities are meaningless. The only difference is that they aren’t concerned with eradicating those distinctions, just ignoring them. And they aren’t trying to lead a worker revolt, they are trying to get shite made for as cheap as possible so their bosses can fly their private planes to Epstein island
Posted on 8/20/23 at 12:27 am to thebigmuffaletta
I am ok with the government staying out of private real estate sales.
Do you want the government telllng you what and who you can sell your assets too?
Your argument is the same crap people were saying in the eighties about Japan.
If the Chinese want to invest US dollars in the US we would be fools to stop them.
Do you want the government telllng you what and who you can sell your assets too?
Your argument is the same crap people were saying in the eighties about Japan.
If the Chinese want to invest US dollars in the US we would be fools to stop them.
Posted on 8/20/23 at 2:20 am to I B Freeman
quote:
If the Chinese want to invest US dollars in the US we would be fools to stop them.
calling you IBchinaman was a bit before, but now it’s just a fact
Posted on 8/20/23 at 3:21 am to WinnPtiger
What is the root cause of offshoring manufacturing out of the United States?
The cost of manufacturing business are energy, raw materials, downstream supply chain, government taxes, regulatory compliance, R&D, and labor.
On the things listed above the beneficial items to offshore would be potentially raw materials (still questionable regarding broader supply chain), government taxes, environmental regulatory compliance, and portions of labor. Labor portions would be policy for safe work environment.
You realize that the government action has primarily created many of the reasons to offshore manufacturing. If those actions are valid actions why do we not ethically hold other countries accountable for those items? I am not arguing the validity of all of the regulations, but the practice of only holding the US economy accountable to it.
There are supply chain reasons which make sense to move manufacturing around. It is primarily because we make it cost prohibitive with regulation to perform the work in the US. Manufacturing quality is by far better in the US instead of less developed countries.
Much of the service industry that we are pushing towards in the US will be more easily replaced with technology than manufacturing operations and concepts. I think that is a misconception by many.
The cost of manufacturing business are energy, raw materials, downstream supply chain, government taxes, regulatory compliance, R&D, and labor.
On the things listed above the beneficial items to offshore would be potentially raw materials (still questionable regarding broader supply chain), government taxes, environmental regulatory compliance, and portions of labor. Labor portions would be policy for safe work environment.
You realize that the government action has primarily created many of the reasons to offshore manufacturing. If those actions are valid actions why do we not ethically hold other countries accountable for those items? I am not arguing the validity of all of the regulations, but the practice of only holding the US economy accountable to it.
There are supply chain reasons which make sense to move manufacturing around. It is primarily because we make it cost prohibitive with regulation to perform the work in the US. Manufacturing quality is by far better in the US instead of less developed countries.
Much of the service industry that we are pushing towards in the US will be more easily replaced with technology than manufacturing operations and concepts. I think that is a misconception by many.
This post was edited on 8/20/23 at 3:23 am
Posted on 8/20/23 at 6:29 am to HailHailtoMichigan!
quote:
Suppose that China were incredibly successful in her alleged attempts to push exports to the U.S., managing to sell us large quantities of assorted goods. What would China do with the dollars she received for her exports?
Use them to build their military, build infrastructure and cities, stockpile commodities, buy foreign assets, pay off US politicians, invest in foreign countries to buy allegiance, etc.
Milton needs to peel the onion one more layer.
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