*Beekeeper » 03 Apr 2025, 6:31 am » wrote: ↑
The STUPIDITY of "investors" on how these tariffs will actually benefit American companies is astounding.
Once they realize that American factories will soon be producing goods that used to be produced in slave labor nations, the buying will begin. Because you can rest assured that much if not all of our former manufacturing self WILL be restored. Things like textiles, components for ALL things being assembled here like appliances, automobiles, and other "hard goods". That level of competition will also bring down prices and tell China, Indonesia, and other pacific rim nations to "go **** yourself". It ALSO makes the US of A much more secure in not relying on someone else to get things we need here when needed. Like computer chips, electronics, etc.
Add to this, the AMERICAN WORKERS understand that this not just preserves their jobs from be shipped overseas, but WILL open doors for more top paying jobs in pretty much ALL sectors of society.
The competition won't bring down prices. Being made in America by well-paid workers will raise prices. But if it raises wages, too, then who cares?
Americans have become spoiled by access to cheap doo dads. There are many countries where a hair brush or a pair of scissors is something to be prized, to be maintained and taken care of; because if they are imported you can bet your *** they are tariffed.
What maroons do not comprehend is that in the early days of this country, the federal government was funded only my "excise and impost" taxes. Excise is taxes on manufactured goods, and impost is basically tariffs. The notion behind this - explicated brilliantly by James Madison in one of his contributions to the Federalist Papers - was that (in that day) anyone who could afford manufactured or imported items must be doing pretty well and was therefore best situated to support the federal government.
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