Re:General Motors to Lay Off 2,000 Employees in Ohio and Mic...
by toomuchtodo on Saturday November 12, 2016 @02:02AM
(#12936963)
If you're trying to scare an electorate about the consequences of a trade war, bad news. The bluff has been called.
Re:General Motors to Lay Off 2,000 Employees in Ohio and Mic...
by digitaltrees on Saturday November 12, 2016 @05:52PM
(#12940649)
History is on my side of this argument. Do you have a reasoned argument to over come the result of a trade war leading a disruption in the supply chain of walmart that leads to higher prices of all consumer goods and lower selection of products? I'd like to hear it. I would also be interested to hear how you think such a disruption would not hurt the very demographic that was hurt the most by globalization and clearly
Bought into the scare tactics deployed by Trump. I would also love to hear how you think a trade war and tariffs would actually bring back a steel mill in Youngstown Ohio, or textile mills in Statesville North Carolina. I would also remind everyone, that globalization and free-trade has been primarily a conservative, Republican ideology that the Democrats excepted overtime.
I am not trying to scare anyone, I'm simply pointing out several hundred years of economic theory and evidence that point to capitalism and free trade yielding real benefits for a consumer oriented economy.
It just takes less employees to make the same value of goods. That is painful for people, but the solution isn't starting a cycle of countries raising tariffs. We want our goods to SELL.
You think tariffs and trade duties imposed on other products like jet engines, and servers and other high value manufactured goods isn't a problem?
Don't forget that trade barriers can affect the service sector too. Trade wars aren't good for anyone.
Trade wars start real wars.