Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Tariffs: Saving American Jobs Since...Wait, What?
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="SMS" data-source="post: 3139060" data-attributes="member: 42"><p>The other unseen victim in tariffs is segments of the U.S. economy that see their own sales, and profits, diminish because of the loss of American dollars in foreign economies. If we buy less foreign steel, the money that those foreign economies would have used to purchase other American goods dwindles. Our steel industry goes through a period of artificial growth but other segments, like pharmaceuticals, take a hit.</p><p></p><p>Comparative Advantage is at play in that equation. What are we better at producing? Are we better off protecting and promoting industries in which we don't have Comparative Advantage in, or promoting and exploiting the ones we do?</p><p></p><p>It's one of the "simple economic measures" highlighted in The Choice.</p><p></p><p>I see short term usefulness in tariffs. I see them being a instrument to promote negotiation, but not something to build your economy around. Any "economist" who would recommend that is not an economist, he's a statist.</p></blockquote><p></p>
[QUOTE="SMS, post: 3139060, member: 42"] The other unseen victim in tariffs is segments of the U.S. economy that see their own sales, and profits, diminish because of the loss of American dollars in foreign economies. If we buy less foreign steel, the money that those foreign economies would have used to purchase other American goods dwindles. Our steel industry goes through a period of artificial growth but other segments, like pharmaceuticals, take a hit. Comparative Advantage is at play in that equation. What are we better at producing? Are we better off protecting and promoting industries in which we don't have Comparative Advantage in, or promoting and exploiting the ones we do? It's one of the "simple economic measures" highlighted in The Choice. I see short term usefulness in tariffs. I see them being a instrument to promote negotiation, but not something to build your economy around. Any "economist" who would recommend that is not an economist, he's a statist. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Tariffs: Saving American Jobs Since...Wait, What?
Search titles only
By:
Top
Bottom