More tariffs paid by US consumers

[Benton]

(06-11-2019, 08:46 PM)Dill Wrote: .  

In my view, easing trade imbalances could be partially addressed by some profit redistribution in the US, and by examining more closely the economies of countries like Germany, which appears to have kept its auto industry and high wage labor force while running trade surpluses.

Germanys auto industry has some similarities to our own from decades ago. As I understand it, companies are required to have labor represented. That was part of the issue when one of them wanted to come to Tennessee a few years ago and the gop had a come apart, as their right to work law was in opposition to the German requirement. They eventually worked something out.

But, to me, the issue isn't going to get fixed until there's a big collapse. We got close with The Great Recession, and some reforms were made, but companies invested a lot in the following years to promote 'socialism is bad' while benefiting greatly from socialism. I mean, you cant even mention things like wage control without some folks saying ' well in my day we all loved off a nickle each, nobody deserves that kind of money!!!1!1!!!'