Trump's ethanol waivers are sparking rebellion in farm country

[Benton]

(08-27-2019, 11:07 PM)GMDino Wrote: Or, you know, just understand that the tariffs are hurting the Americans more than China and it's a bad policy.

You know, maybe that instead.

The trade war issues are complex and deal with things have to be faced eventually.

From tax policies that promote companies going out of the country to nobody holding China accountable for outright IP theft and being lax on piracy to the tariff issue.

Part of the problem with tariffs are also part of the problem resulting in our wage stagnation. We've got a handful of industries with lots of breaks and some with 2019 prices... while others are expected to stay low through price controls, subsidies or market pressure. If the price of a t-shirt, gallon of milk and your kids school supplies kept pace with the auto industry, electric companies and cell phones, your kid would be going to school naked, hungry and without anything to write on. But to keep cheap stuff coming, the US (and other countries) haven't really interfered with China's illegal practices, or with their flooding markets with cheap stuff.

At some point, we've got to deal with them. I'm not really up enough on what the best way to do that is, but I'm glad we're doing something.