Re:China backtracked on almost all aspects of U.S. trade dea...
by scarface74 on Wednesday May 08, 2019 @12:32PM
(#19860485)
So there should be some studies somewhere that say the best way to brings jobs to America that in aggregate is beneficial is to impose tariffs and protectionism is to spend money on industries retraining workers?
Are you also in favor of laws in some states that don't allow people to pump their own gas to save jobs?
This isn't even a political conflict along the liberal/non-liberal axis though, so Forbes doesn't change a thing. I'm sure you've heard of the uniparty, demipublicans, republicrats, and so on. The leaders of multinational corporations have a globalist mindset. Aside from desiring regulatory capture to suppress competition, they also have a libertarian mindset. Very few media sources and very few politicians break from either mindset by much, except some hot air from some politicians. Politicians don't last long if they anger the large multinational corporations.
There is almost nobody with interests aligned with the American worker. Of the few who are, many would admit to loving the tariffs only if somebody like Bernie Sanders had imposed them. Generally, all of those with a big voice (media and politicians) would gladly wipe out American jobs in exchange for greater profit. This is short-term thinking, ignoring the slow collapse of the nation and the changing balance of world power.