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Proposed Bill Would Give Americans $5k to Shop American
- tamaharbor 3y agoAka: Buying votes.
- add-sub-mul-div 3y agoTax people too much it's theft, tax people too little it's buying votes ¯\_(ツ)_/¯
- thegrim22 3y agoIt's a selective tax break that specifically targets only a certain subset of the population, and not the rest, that would be enacted in an election year, a handful of months before the election occurs.
- deprecative 3y agoThat describes basically every single policy in existence. It's not a useful metric to try to determine these things. Besides, it'd have to be bipartisan. So everyone is paying people to vote.
- RecycledEle 3y agoWhat if it is a useful metric to determine that The System is hopelessly corrupt?
- mech422 3y agoThe last "buy American" campaign I remember (1990s?) was sponsored by Unions, IIRC. Be interesting to see if this works any better.
- COGlory 3y agoThis would be less than good for inflation.
- al_borland 3y agoThis isn’t how to get more people to buy American. They should be proposing bills to pull the levers that make it logical for businesses to manufacture their products in the US again, then the market will take care of it. This is a long term solution. Throwing money at people is a lazy solution to try and avoid and political risk.
- 2devnull 3y agoIt seems like an interesting idea if there’s a way to make it not impossibly expensive to run, or too prone to fraud or both. Often there are these great sounding ideas that are impossible to implement. Our best laid plans go awry. Like NAFTA, and granting China most favored nation trade access. Seemed like great ideas at the time. Juiced the stock market no doubt. But now two or three financial crises later, the taxpayer is going to be paying incentives to try and bring some of that lost manufacturing back. Will it work? Same people who told us with confidence they knew what they were doing before are saying the same things now. “Just trust us, we know what we’re doing.” Perhaps these vacillations in core political beliefs (protectionism is bad under trump, suddenly good under Biden) should be taken as a sign of incompetence by observant educated voters.