Canada Day and Tariffs

[togor]

Oops, wrote at a level above too many heads. Ok, another example. Think of the lower 48 as a giant free trade zone, and what Amazon and Walmart can do to a business sector when they decide to get involved. They use their "economies of scale" or buying power, to keep costs down. To survive, a small merchant has to find a niche. Larger chains may not survive. So it is in international business. China produces 10X more Steel than the USA, and Japan about 20% more. The EU about 100% more. This we are told is what led to the tariffs, and so it is obvious (to me at least) why a proposed zero tariff regime is pure smoke. America is far from being the lowest cost producer in many things. In the 1920s, different story! But not now.

Trump may think he knows what he is doing on trade. Some people may want to stick with "In Trump We Trust." But the case against his meddling in the economy with such crude implements is straightforward. If this site doesn't crash we'll all see together who is right.

[togor]

Go ahead and post another Socialist/Communist utopia bunch of bull sheet. Capitalism works every time its tried and Socialism fails.

Come on togor, you have only told a dozen lies in the past week... Come to think about it, your lying posts are down by 2/3rds... What happened, did you get a pay cut from your handlers?

Look at our health care system, Red, especially pharma, and tell me those good capitalists aren't using poorly written regs in the USA to make this by far the most profitable market for them. You think pharma here has a free market? Ha, guess again! Remember back in May when the administration told the drug companies to voluntarily lower prices "or else"? Well I guess we'll find out if there is an "or else" or not, because they just raised prices again.

Of course the irony is that you're cheering Trump's direct intervention in the economy, picking winners and losers of his tariff policy while at the same time saying socialism fails, and you don't see the contradiction between your two positions. That's what happens when you can't unify your thoughts and have to hop from one propaganda-fueled belief to another.