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[citation needed] on every last bit of this. You've bundled a whole bunch of claims into a short space, and all of them are wrong. > regulations and taxes Mea

[citation needed] on every last bit of this. You've bundled a whole bunch of claims into a short space, and all of them are wrong. > regulations and taxes Measured in GDP, American manufacturing has increased since 2000. This suggests that the chief culprit is automation, especially when China's taxes aren't significantly less than ours. > resource extraction industries Need a citation here too. What percentage of the middle class derived its income from resource extraction even when that was at its peak in America? And don't forget to exclude coal from that percentage, because the decline of coal is mostly because it's now cost-uncompetitive with LNG and solar. Nothing about America's current economic woes is going to be fixed by a Chinese tariff. This is firing blind and aiming in the wrong direction.

drak0n1c 9y ago
Manufacturing output may have increased along the curve of a plateau, but it is still much lower than what it would be in an unregulated environment. https://www.mercatus.org/publication/cumulative-cost-regulations https://www.mercatus.org/publication/cumulative-cost-regulat... Why do you say they are aimed in the wrong direction? They are reciprocal and only in industrial sectors where China already has tariffs on our goods up to 10x larger than our rates.
- caseydurfee 9y ago
  "it is still much lower than what it would be in an unregulated environment." Counterfactual. The article you link to is laughable on the face of it. "A new study for the Mercatus Center at George Mason University" carries about the same intellectual heft as "A new study for the Eat More Beef Center at Hamburger University." You seem the sort of person able to recognize others' ideologies while incorrectly assuming your own beliefs are rational and well-founded. Are you generally tolerant of or convinced by counterfactuals when they don't support your ideology?

drak0n1c 9y ago

Manufacturing output may have increased along the curve of a plateau, but it is still much lower than what it would be in an unregulated environment. https://www.mercatus.org/publication/cumulative-cost-regulations https://www.mercatus.org/publication/cumulative-cost-regulat... Why do you say they are aimed in the wrong direction? They are reciprocal and only in industrial sectors where China already has tariffs on our goods up to 10x larger than our rates.

caseydurfee 9y ago
"it is still much lower than what it would be in an unregulated environment." Counterfactual. The article you link to is laughable on the face of it. "A new study for the Mercatus Center at George Mason University" carries about the same intellectual heft as "A new study for the Eat More Beef Center at Hamburger University." You seem the sort of person able to recognize others' ideologies while incorrectly assuming your own beliefs are rational and well-founded. Are you generally tolerant of or convinced by counterfactuals when they don't support your ideology?