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Even if it was, the problem is that this is a classic trap where protecting your own market will result in overpriced goods in the home market. We would be payi
by dyauspitr 10mo ago
Even if it was, the problem is that this is a classic trap where protecting your own market will result in overpriced goods in the home market. We would be paying extravagant amounts for everything. Most other countries wouldn’t have that problem and would result in being stuck in time like a lot of the former Soviet Union.
- carlosjobim 10mo agoWhy should something be cheaper to produce in China than in the United States or Europe?
- ChromaticPanic 10mo agoAutomation. Ability to innovate without made up IP BS .
- dyauspitr 10mo agoLabor laws, PPP and standard of living.
- carlosjobim 10mo agoThen maybe it's morally right to tariff their goods? (As all countries already do, not only the US) Otherwise, what's the purpose of labor laws within the US or Europe?
- dyauspitr 10mo agoEconomics doesn’t go well with gut feels or idealism.