Quote (Budgeting @ May 27 2020 08:54am)
completely ignored the farm bailouts from his own tariff war.
btw, explain how tariffs work, i wonder if you are as dumb as trump.
Tariffs are a way to protect the American worker, primarily.
If a company or industry can hire 100 Chinese workers for the price of 1 US worker, and produce 20x the product, to the point where transportation and import costs are meaningless, there's still going to be a mass profit over producing goods in the US, then US workers lose jobs and US production is stunted. In the short term, the profits those companies will bring in will make the economy look like it's booming. Long term, the companies will bank elsewhere, so what ends up happening is that the product is produced elsewhere for pennies on the dollar to the cost it could be made here, employing slave or virtual slave labor, then sold here for just under the price of goods produced here, racking in massive profits. The profits go to offshore accounts, removing them from the US Economy entirely. Long term, America's production is reduced to shit, unemployment goes through the roof, and the globalist corporation doesn't give a fuck, because they can bank and do business anywhere. And are, which is exactly why they're praising China and insulting trump over the China Virus.
Tariffs are a way to bring costs of Chinese-produced goods into a line where they're forced to account for sub-human working conditions and employee treatment.
Then again, you're probably one of those who believes the Human Rights Council is the ultimate authority when they say that China and Venezuela have the bestest workers rights EVER, and don't even question that China was on the council untill... Was it last year or this year? And Venezuela is on the council now (just LOL).
You want a UBI, you want a massive minimum wage, you want free healthcare, you want free housing. You want free free free. What happens when it doesn't matter because all production is coming out of China anyhow, and they stop the supply of goods because your money is worthless?