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Protectionist policies lead to economic slowdown, destruction of wealth and hurts common consumer. Lessen USA already learned when it first stared at the proble
by tn13 10y ago
Protectionist policies lead to economic slowdown, destruction of wealth and hurts common consumer. Lessen USA already learned when it first stared at the problem during Japanese Cars invaded US market. An average American is way better off because of Toyota and Nissan than what protectionist nonsense would have done.
Not to mention none of it prevented USA from creating Tesla.
Americans need to be really lot more confident about their place in the world instead of following third world policies of protectionism.
- jandrese 10y agoThe majority (well, technically a minority whos votes counted more) just voted for protectionism. If Trump wants to be more than a 1 term president he needs to at least make it look like he's following through. This is issue #1 for a huge chunk of his support base.
- tn13 10y agoI don't think Trump's alternative was any less protectionist. Not all issues on agenda are equally important for Trump or his supporters. A decision on SC judges for example will be a cakewalk for trump but any decision on trade or immigration would be much more muddy in my opinio