About Trade Deficits

[Ponca Dan]

The only thing to fear is fear itself.

Rethinking Trade Deficits: Foreign Dollar Holdings Are Really US Exports | The Daily Economy

Rising US trade deficits represent foreigners’ eagerness to invest in America, contributing to our productivity and prosperity.

thedailyeconomy.org

 

[2012Bearcat]

When foreign countries stop placing tariffs, taxes and trade restrictions on American goods/services we can do the same. Simple solution.

 

[Ponca Dan]

When foreign countries stop placing tariffs, taxes and trade restrictions on American goods/services we can do the same. Simple solution.

Why wait? Stop placing tariffs, tax and trade restrictions on our imports and grow wealthier. You’d understand that if you’d read the article and realize you’re being duped by protectionists.

 

[2012Bearcat]

Why wait? Stop placing tariffs, tax and trade restrictions on our imports and grow wealthier. You’d understand that if you’d read the article and realize you’re being duped by protectionists.

Why would we not place tariffs on countries that place tariffs and other restrictions on us?

 

[Ponca Dan]

Why would we not place tariffs on countries that place tariffs and other restrictions on us?

Why would we punish our consumers thinking we’re getting back at countries that punish theirs?

 

[2012Bearcat]

Why would we punish our consumers thinking we’re getting back at countries that punish theirs?

The goal of placing tariffs on these countries is to encourage them to drop their tariffs. That is good for everyone.

 

[Ponca Dan]

The goal of placing tariffs on these countries is to encourage them to drop their tariffs. That is good for everyone.

Explain how forcing consumers to pay higher prices for products they want is good for them. Aren’t consumers part of “everyone?”

 

[2012Bearcat]

Explain how forcing consumers to pay higher prices for products they want is good for them. Aren’t consumers part of “everyone?”

Short term pain, if any, for long term gain.

 

[Ponca Dan]

Short term pain, if any, for long term gain.

If you would bother to educate yourself beyond the political talking points that you’ve been fed you’d learn there is no overall gain from tariffs.

 

[LAY THE WOODY]

Dan's a "scholar".

😉

 

[2012Bearcat]

If you would bother to educate yourself beyond the political talking points that you’ve been fed you’d learn there is no overall gain from tariffs.

Depends but I mostly agree, which is why foreign countries need to eliminate their tariffs on US goods/services or face US tariffs.

 

[Ponca Dan]

Depends but I mostly agree, which is why foreign countries need to eliminate their tariffs on US goods/services or face US tariffs.

Depends but I mostly agree, which is why foreign countries need to eliminate their tariffs on US goods/services or face US tariffs.

Your error, as best as I can make out, is you regard tariffs and threats of tariffs as a political big stick to show another country your dick is bigger than his. But there are some big sticks which have a deleterious effect on your own country, harming as many or more than they help. Tariffs are such an animal. The main victims of tariffs are the people in the country enforcing them. If a country other than yours imposes tariffs on its imports, that's their mistake, and it is unreasonable to think the "cure" is to harm your own citizens in return. The argument against the application of tariffs is an economic argument. You don't seem to be able to grasp that fact. You are too consumed to prove you have the bigger dick.

 

[2012Bearcat]

Your error, as best as I can make out, is you regard tariffs and threats of tariffs as a political big stick to show another country your dick is bigger than his. But there are some big sticks which have a deleterious effect on your own country, harming as many or more than they help. Tariffs are such an animal. The main victims of tariffs are the people in the country enforcing them. If a country other than yours imposes tariffs on its imports, that's their mistake, and it is unreasonable to think the "cure" is to harm your own citizens in return. The argument against the application of tariffs is an economic argument. You don't seem to be able to grasp that fact. You are too consumed to prove you have the bigger dick.

You don't get it Dan, some of us are tired of being taken advantage of then there is you, just fine with the US giving these foreign countries a free ride at the expense of our businesses and farmers.