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Re:Too much money and too few places to invest it by komali2 on Thursday June 06, 2019 @09:08PM (#20120756)
If only tariffs caused manufacturing facilities to return to the USA.

They don't, though. Here's a great map of the net negative effects tariffs have on the state of your choosing: https://www.uschamber.com/tariffs

Re:Too much money and too few places to invest it by howard941 on Friday June 07, 2019 @05:33PM (#20128824)
There's something wrong with the data at that URL - the data, not the web site which is really attractive and responsive.

The first two states checked out were funky. That there are $659M of wireless phone exports from Calif to China doesn't pass the smell test. It's an incredible claim requiring incredible proof but there's nothing there despite the state being colored in as suffering Extremely Significant Damage. Another state, Florida, gets off more easily and only suffers Very Significant Damage. Drilling down it turns out the goods being tariffed aren't good at all: The tariffed items are literally scrap gold jewelry and scrap metals.

California's stealthy cellphone export I'm pretty sure don't exist. I'd argue that Florida's scrap exports are resources better kept in country as feedstock to help spur on-shore manufacturing.

I'm going out on a limb and expect the remaining 48 states are showing tariffs on bulk minerals, ag products, trash, and make-believe products. Tariffs on these items are positives insofar as they keep input costs low for domestic producers.

Re:Too much money and too few places to invest it by dev_dull on Thursday June 06, 2019 @09:19PM (#20120801)
I realize that tariffs are controversial given the current political climate, but they really are one of the best ways to claw back money from large corporations and reward unskilled labor in the US. We need to bring manufacturing jobs back to the US.

The loss of those jobs disproportionately affected minorities. Increases in corporate tax is easily avoided by domicile changes. Tariffs are a simple way to restore balance. Build it here. Hire here. No tariffs.

Re:Too much money and too few places to invest it by komali2 on Friday June 07, 2019 @12:48PM (#20126471)
Do you have evidence to support your claim? I ask because in my experience this is one of those "sure, makes sense" situations (like "just build a wall!") that, when actually taken in the context of real world economics, doesn't work.
Re:Too much money and too few places to invest it by chiefalchemist on Friday June 07, 2019 @11:44AM (#20125706)
Perhaps. But also keep in mind that in bringing back that manufacturing we'll be bringing back the ecological issues (read: pollution) as well. There's always an unintended consequence or two.