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Well... the JIG IS UP !! The Markets showed JUST how concerned they are about the Tarrifs... The SOCK market BOOMED !!
6 Apr 2025 10:12 am
Beekeeper is a retarded vermin.Cannonpointer » Yesterday, 8:06 pm » wrote: ↑ 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.
Why should the goal be to benefit American “companies?” They already benefitted from 40 yrs of outsourcing.
(And his analysis is wrong anyway)