On one hand you are right it's not really a subsidy but on the other hand through bad policy we basically enabled China to become the largest producer of goods in the world. Our sellout politicians made this possible.
You're missing my point that the reason that we have the deficit is not because of our good will or in order to support other countries. It is because Americans want to buy things that either we can't produce ourselves or can't produce for less money.
I'm not arguing tariffs but foreign businesses care because it impacts their bottom line, even if they are not the one's paying the tariff. They might 'pay' by reducing their prices to offset the cost, but they might not be able to and then lose the business altogether if consumers won't pay higher prices. On the other hand, consumers lose because prices for those goods inevitably rise or goods may no longer be regularly available if there isn't enough demand at those higher prices.
I can't speak for the whole of Americans, but I personally avoid foreign made junk and buy made in America as much as I can even if it costs a little more.
I think people under 40 are not aware of the days when there was advertising that suggested we buy American. At the same time, a lot of what is made in the USA now is slapdash garbage too thanks to bean counters up in corporate. Everything is a dang throwaway. Remember these:
Subsidy, transfer of wealth and financial security, trade deficit..... its not free and its at the cost of the average Americans standard of living, whatever you want to call it the BS is over.
This man with the gun analogy probably isn't the best one to use.
None of the other countries have guns..... they don't have the keys to allow access to the worlds largest market/economy, they aren't at the helm of a country that prints the worlds fiat currency and is the worlds main economic engine.
I understand what you are getting at. I was just meaning the man with the gun analog comes off more like bank robbery than advocating for fair trade.
Personally I think Trump is overplaying his hand, and the world is not as reliant on US markets or the dollar as one might think. That said I appreciate that it is a direct hit on the globalist enterprise and am open to the idea that it ultimately helps average Americans.
I don't think the analogy is that far off. Go see what happens if you refuse to pay tariffs (Or taxes).
Old West stick up, bank robbery, good or bad, right or wrong or ugly.....
I mean pretty much, Trump ain't messing around and this isn't a negotiation. The man with the gun makes the rules in the West right or wrong, good or bad, ugly or not it doesn't matter because he's the only one with a gun in the room.Personally I think Trump is overplaying his hand, and the world is not as reliant on US markets or the dollar as one might think. That said I appreciate that it is a direct hit on the globalist enterprise and am open to the idea that it ultimately helps average Americans.
I don't think the analogy is that far off. Go see what happens if you refuse to pay tariffs (Or taxes).
