What's hilarious about the Left and the MSM (i repeat myself) is they couldn't spell tariff, let alone define it. I mean by the way their talking you'd think it was a crime against humanity.
Let me sum up what they're really concerned about:
Slavery is profitable for the slaver. That is globalism. It's not a belief system or dogma...it's s…
What's hilarious about the Left and the MSM (i repeat myself) is they couldn't spell tariff, let alone define it. I mean by the way their talking you'd think it was a crime against humanity.
Let me sum up what they're really concerned about:
Slavery is profitable for the slaver. That is globalism. It's not a belief system or dogma...it's simply a financial weapon.
What the MSM or the so-called financial experts won't tell you is that productivity is the biggest driver of prices in a truly free market. We just happen to be the most productive country on earth based on the output of the individual worker. Tariffs will eventually drive prices down because it will disincentivize state-sponsored competition of our rivals.
That's what the plutocrats want:
Pitting American businesses against state-backed foreign rivals, subsidized by us (the tax payer)...talk about a perverse incentive.
Onshoring businesses will allow the invisible hand to lower prices after the market has adjusted because the more we manufacture the lower the price of each unit becomes to produce. All economist know this, but are unwilling to admit what everyone learned in economics 101:
Prices are subject to the law of increasing returns because capital costs are fixed, therefore the more we make; the more the cost is distributed across the system.
And that's what they fear:
Their money is made by INCREASING the cost across our domestic system.
This is what Obama and the rest of the Globalists meant by saying "a fundamental transformation of the economy".
I have a personal plan to weather what may come: stop buying crap I don't need and be a little more discerning on what I must buy. I looked at my Amazon orders lists and holy cow.....I can do much better. We are a consumer society for sure.
One of the fascinating aspects I find of this (though likely not a motivating factor and will also never be attributed to him) is that to buy less cheap crap from far away is actually a fundamentally responsible environmental practice. The more local your purchasing (for all countries), the better for your community and the planetary resources. And I would also love that there is diversity to travel again instead of the same stuff everywhere you go.
The talking heads (not the Talking Heads, who are cool) also take advantage of the fact that economics are complicated and multi-factorial and difficult for most to understand. You can pretty much tell people anything you want about what is surely going to happen economically, and "we" don't have the capacity to discern otherwise. That's why I'm in a posture of "Let's see how this plays out." It's impossible to forecast. Too many players on the board. Too many release valves.
What's hilarious about the Left and the MSM (i repeat myself) is they couldn't spell tariff, let alone define it. I mean by the way their talking you'd think it was a crime against humanity.
Let me sum up what they're really concerned about:
Slavery is profitable for the slaver. That is globalism. It's not a belief system or dogma...it's simply a financial weapon.
What the MSM or the so-called financial experts won't tell you is that productivity is the biggest driver of prices in a truly free market. We just happen to be the most productive country on earth based on the output of the individual worker. Tariffs will eventually drive prices down because it will disincentivize state-sponsored competition of our rivals.
That's what the plutocrats want:
Pitting American businesses against state-backed foreign rivals, subsidized by us (the tax payer)...talk about a perverse incentive.
Onshoring businesses will allow the invisible hand to lower prices after the market has adjusted because the more we manufacture the lower the price of each unit becomes to produce. All economist know this, but are unwilling to admit what everyone learned in economics 101:
Prices are subject to the law of increasing returns because capital costs are fixed, therefore the more we make; the more the cost is distributed across the system.
And that's what they fear:
Their money is made by INCREASING the cost across our domestic system.
This is what Obama and the rest of the Globalists meant by saying "a fundamental transformation of the economy".
I have a personal plan to weather what may come: stop buying crap I don't need and be a little more discerning on what I must buy. I looked at my Amazon orders lists and holy cow.....I can do much better. We are a consumer society for sure.
One of the fascinating aspects I find of this (though likely not a motivating factor and will also never be attributed to him) is that to buy less cheap crap from far away is actually a fundamentally responsible environmental practice. The more local your purchasing (for all countries), the better for your community and the planetary resources. And I would also love that there is diversity to travel again instead of the same stuff everywhere you go.
While I agree. I do find that some of the local stuff is from far away places.
I have been weeding stuff out as well. I am by no means extravagant but I can pare down
"productivity is the biggest driver of prices in a truly free market."
Production precedes consumption! Good insight
The talking heads (not the Talking Heads, who are cool) also take advantage of the fact that economics are complicated and multi-factorial and difficult for most to understand. You can pretty much tell people anything you want about what is surely going to happen economically, and "we" don't have the capacity to discern otherwise. That's why I'm in a posture of "Let's see how this plays out." It's impossible to forecast. Too many players on the board. Too many release valves.
This is not my beautiful life…. Same as it ever was.
Time to break the sameness of tariffs.