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A comment on US Administration announces 34% tariffs on China – 20% on EU. Parent comment

Re:US Administration announces 34% tariffs on China – 20% on EU by bandrami on Thursday April 03, 2025 @09:28PM (#43577415)
Assembly is one example of manufacture, so that distinction isn't really the one you think it is. Output is tracked by value added, so the mythical "car comes missing a single bolt which gets added in Flint" doesn't really show up in the output numbers, if that's your worry.
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Re:US Administration announces 34% tariffs on China – 20% on EU by uoaei on Friday April 04, 2025 @11:55AM (#43584231)
Do you think that's a reasonable way to measure abd report manufacturing output?

Is laying our heads at the GDP idol's feet a reasonable measure of what these activities contribute to national welfare?

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Re:US Administration announces 34% tariffs on China – 20% on EU by bandrami on Friday April 04, 2025 @10:36PM (#43590138)
GDP is a pretty good measure of national incomes and, yes, I think income is a good number to look at if you're judging welfare.
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