Quote:
Originally Posted by Matt 26z
The only problem with the tariffs is they haven't gone far enough.
Tariffs should have been put in place 10+ years ago.
Yes, there are short term problems with tariffs. But the market adjusts to the higher priced foreign goods by increasing production of those same goods domestically. That takes time. It usually isn't just a matter of hiring more employees. They have to acquire more machines as well.
The last time there was a steel tariff the industry invested billions to expand production capabilities. Then the Democrats fucked over US steel by lifting the tariffs. All of that investment flushed down the toilet.
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Only 10 years ago????
Try 30 years when jobs started to disappear.