*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.
There is another thing you need to realize. Competition does not only lower prices. It also raises prices. That is why governments like to have regulated monopolies handle certain jobs - to keep prices down by preventing competition.
It is only an UNREGULATED monopoly that will raise prices. A regulated monopoly is able to keep prices low because they own the entire market. They have no need to market for customers. They automatically have an economy of scale.
One example of an excellent monopoly that has served the nation extremely well for its entire history is the post office.
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