Re:Predictions for 2020–2029
by mtberatwork on Thursday January 02, 2020 @10:13AM
(#21935959)
> It's not 'competition' that people are afraid of, it is unfair government intervention and tariffs.
People aren't afraid of that either, they are afraid of the rise in cost of living compared to the tepid rise of their wages.
Re:Predictions for 2020–2029
by longstaff2009 on Thursday January 02, 2020 @09:40AM
(#21935658)
My understanding is that Trump's trade war was apart of the America First economic policy to reduce the US trade deficit. This had the added benefit of making manufacturing more viable in the US.
It's not 'competition' that people are afraid of, it is unfair government intervention and tariffs. The idea with Trump's trade wars is that if a country imposes tariff's on US goods, the US will respond in kind until those tariff's are removed and fair competition is restored. Whether or not this is actually happening in practice is another story, but to say nationalists are afraid of competition misses the mark.