4 ms·
You said you'd be happier with much more expensive goods which is what happens with protectionism and were sad to compete with foreign goods.
by donkeybeer 8mo ago
You said you'd be happier with much more expensive goods which is what happens with protectionism and were sad to compete with foreign goods.
- quacked 8mo agoI'd be fine with either: - The massive regulatory burdens on American businesses are dissolved in order to permit genuine competition with the globe - Economic protectionism is applied so that the heavily regulated American business can compete on price with less-regulated foreign businesses In both cases, the prices of goods would increase--in the first case, less than the second. But both would be better than the current status quo, in my opinion. I don't want to live in a country where I have to pay American prices for goods and services, but the owner class only has to pay foreign prices for labor and supply. I have no desire to be outcompeted by foreigners while my hands are tied by local laws.