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All I was trying to say that the current round of executive actions are being taken for businesses and without regards to effects on workers, but you put it mor
by crisnoble 10y ago
All I was trying to say that the current round of executive actions are being taken for businesses and without regards to effects on workers, but you put it more succinctly.
- jakeogh 10y agoBusinesses would like to make their goods as cheap as possible (by using cheap labor outside the US). What he has proposed (tariffs) forces them to build here, hence the jobs are here.
- crisnoble 10y agoBusiness would like to make their goods as profitable as possible, they have never shown any willingness to pass on savings to customers.
- jakeogh 10y agoThat's the point, they are supposed to make as much money as possible. That's why you need competition. If corp A's competitor is selling the same product at a lower price, then corp A loses out on the profit. It's a nice feedback loop.