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Over time, isolation generally does not work to anyone's economic benefit. We've been there, seen that and done that. US consumers will pay higher prices for i
by jqpabc123 1y ago
Over time, isolation generally does not work to anyone's economic benefit.
We've been there, seen that and done that. US consumers will pay higher prices for inferior products that can't compete in international markets.
- softwaredoug 1y agoYeah the main effect of the Trump admin is to isolate us economically. At least temporarily. It’s not all hopeless. As it’s tied to one old man yelling at windmills.
- jqpabc123 1y agoAt least temporarily. So the plan is to allow the competition to become firmly established in world markets. In other words, he wants to give the competition (aka China) a hand? Instead of competition, he prefers capitulation. This will help others but not the US.