Message from @Ovarix
Discord ID: 489522255244558336
>tarrifs will ruin our economy and raise prices!!!!
-Price to operate a business drops-
-prices the consumer pays dropped after tariffs implemented-
-american manufacturing skyrockets-
-u.s becomes number one global producer of crude oil-
>But muh tarrifs
In the area where prices did go slightly higher due to tarrifs **none** translated into higher prices for consumers
The deeper a recession the stronger the recovery. The raw output of a country doesn't change.
Everything Obama said was wrong.
I mean the tariffs applied thus far are minimal
And have had - pretty limited retaliation
Because they can't win a trade war against the U.S
no because they understand the president today isn’t the president tommorow and that these are small tariffs
The point of the trade war is no one wins
But every administration has put/had tariffs
We put some on washing machines in the obama era
We did it again under trump
The tarrifs implemented are often done wrongly
With no immediate plans to boost American production of said product
Which is why they often fail
They implement tarrifs and expect companies to start reacting immediately and boost production
It has to be nudged to the companies to begin production just shortly before tarrifs are to be implemented
We don’t need to produce more to counter a tariff per say - nor do businesses think like that necessarily. Prices will adjust to compensate sure, but in this case we put it on a certain kind of washer that meets a certain conservation target of water
The idea is we innovate and do the same thing with our companies that
*
Usually we do tarrifs on health hazards like tobbacco
Or something we don’t have a good technological edge in per say
Prices won't rise
It’s not a question of right or wrongly applied - our government isn’t filled with idiots
If done correctly
And in the case they do, so what?
Is foreign robbing and abusing of our nation's worth power prices?
the tarrifs are done correctly - the question is if it’s a good tarrif lol
There is no right or wrong way of doing such an action
Oil, Material, Raws, steel, etc should all be tarrifed
But production is just one consideration for a counter measures
no that would be ridiculous - we import about as much as we export
We’re a service economy
we do this so we hold a constant reserve
and by import and export amounts I mean in goods
We should boost steel and material production
Not in the value of goods
So we net export
U.S needs to have a net export
Why??? Confused