08-28-2019, 11:32 AM
(08-28-2019, 11:00 AM)Benton Wrote: 'bad for americans' is too simple here.
Our overall approach has been bad for four decades. There isn't going to be something that fixes the issues overnight without growing pains. For me, tariffs can be a tool to fix it and they're going to be "bad" for people in the short term, but they really only work if there's tax reform to go along with it that discourages employers from sending jobs overseas. Then those price increases in the short term get replaced by jobs in the long term.
Now that you say it he'll actually respond somewhat logically. You and I have had this discussion before, and this will also address Jdawgs questions above. China has been a parasite on the US economy for decades. They steal billions of dollars in IP every year. They lure shortsighted US businesses there with their slave wages, causing immense damage to the average US worker. They artificially peg their currency to a favorable rate to the dollar. In short, they have lied, cheated and outright stolen from the US to fuel their growth. Reigning them in will not only be a huge boost to the US economy it will also slow their expansionist plans in Asia and Africa.
