Future Ramifications Of High Tariffs
- Thread starter Ponca Dan
- Start date
You sure like the opinions of South Africans tied to one world government groups.
I take it that you can’t rebut a word of it but feel compelled to discredit it even though you can’t.
It's important in this day and age of media to know a person's bias. The author has a bias that clearly comes through in the article. If you read some of his other articles it's clear he's a one world government kind of guy.
Correct me where I'm wrong. His statement is that our tariffs would further hurt the already slowing economies of China as well as the debt-laden countries in Europe, like Germany and Italy, which could be deflationary to their economies? Why is that bad for America again? Why is it America's job to prop up these other countries economies at the expense of our own? In fact, where does he say anything bad was going to happen to America from this policy? He explicitly avoiding stating any actual impacts from the tariffs (probably because those statements might be held against him in the future when he's shown as wrong.) So yet again, I've read one of your posted articles Dan. And yet again, I'm finding it very hyperbolic on the impact without providing any substantive matter which could be debated (or fact checked in the future).
Read it again. It hurts our economy because our economy is inextricably tied to theirs. Their economy falters it takes our economy with it.
Except this part isn't actually true, and he failed to put any substance behind his statement as such. For example, Germany and Italy are already struggling economically, yet I hear every day how good the economy is here. China is nearing a recession (per the article), yet we're not. So clearly that linkage isn't as directly correlated as implied.
We’ll just disagree about this. If you think our economy is an island of tranquility that will survive unfazed as the economies of our trading partners collapse (in part because we took steps that helped them to collapse) I think you are in error.
Your misapprehension/terror of a world with interconnected trade is a bias you ought to examine.
Yet with Trump merely floating the idea of tariffs, Mexico and Canada have immediately change direction on their immigration stances. Note he hasn't enacted a single tariff as yet and world leaders are singing a different and more American friendly tune and all of this without spending a single penny.
