Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Trump continues to back aluminum and steel tariffs despite Republican fears
#51
(03-08-2018, 08:53 PM)Benton Wrote: I'd disagree.

Jobs requiring a high level of education are great. There's no knocking advanced learning. But there's always going to be a significant chunk of the population that is not there. They aren't going to be chemists and botanists and coders. But many of those people don't mind working hard, they just need somewhere to work. Some way to contribute to the economy. The last 40ish years, we've moved away from supporting those people. We made it cheaper to do labor in other countries and then acted amazed when there was no one here who wanted to do labor for below a living wage.

People want to work and this will go a long way to putting a lot of people back to work. Not just those in the plants, but the spin off industries, too.

In terms of improving the economy, this and re-doing NAFTA are strong moves. People with jobs — generally — make more and spend more than people without jobs. That's not playing to a base. It's simple math.

Will steel and aluminium cost more? Slightly. Will increased wages offset that? Provided that we keep producing and manufacturing domestically, most likely.
 
I sure don't intend to dismiss your whole point, but Trump's tariffs won't just affect steel and aluminum. There will be retaliations. You'd have to take that into account.
[Image: 4CV0TeR.png]





Messages In This Thread
RE: Trump continues to back aluminum and steel tariffs despite Republican fears - hollodero - 03-08-2018, 09:08 PM

Forum Jump:


Users browsing this thread: 4 Guest(s)