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> The alternative is to raise taxes or tariffs to pay for keeping unneeded production lines active, which means hardworking Americans in the rest of the country
by inetknght 3y ago
> The alternative is to raise taxes or tariffs to pay for keeping unneeded production lines active, which means hardworking Americans in the rest of the country take home or keep less money
If taxes are raised then yes hardworking Americans in the rest of the country take home or keep less money.
If tariffs are raised then it's not hardworking Americans that take home or keep less money. It's people who import things that can and should be built locally instead.
Better to keep the money in the USA instead of sending it overseas; better to pay Americans to build the things instead of paying people who are already rich to get richer.
- dukeyukey 3y ago> If tariffs are raised then it's not hardworking Americans that take home or keep less money. It's people who import things that can and should be built locally instead. Well, it's the customers that suffer due to higher tariff-induced prices. And if prices are kept the same and the company takes the hit, workers get hit by the lack of new investment the company now can't afford to make.
- inetknght 3y ago> Well, it's the customers that suffer due to higher tariff-induced prices. Indeed? Except the customers are also getting paid better because they now have jobs instead of shipping those jobs overseas.
- dukeyukey 3y agoWhich are artificially-supported jobs that soak up labor that could be used in a more productive way. Trade restrictions destroy economies of scale by breaking up markets and make us all poorer.