Great Depression of 2016

[rebelcowboysnb]

Pretty sure we are a net importer so....

 

[hemet dennis]

Pretty sure we are a net importer so....

So we can have American workers making all the cheap stuff we get from China ?

If enough American consumers stopped buying Chinese goods we wouldn't be a net importer, but that doesn't seem to be what the American consumer wants. All the duty would do is take away the choice of the American consumer.

 

[rebelcowboysnb]

Seemed to work ok before NAFTA

 

[hemet dennis]

Seemed to work ok before NAFTA

I thought we were talking about China ?

 

[rebelcowboysnb]

I thought we were talking about China ?

I am pretty sure we are talking about everyone. We dont actually have a free trade agreement with china yet though. The point was that we did fine before we started cutting import taxes an now we have lost way more jobs than we have gained.

 

[hemet dennis]

Quote:
I don't think starting a trade war with everyone (or anyone) is the answer.

 

[rebelcowboysnb]

We are already in a trade war with everyone an losing our shirts. Its time to stop digging the hole we are standing in an take a step back to what was working. Free trade is a failure...

 

[rufus]

Free trade is just another liberal lie. Why should they be allowed to sell stuff here without paying a tariff? They say they are free trading, but the tax on a US made automobile in China is about 25 per cent. While some countries say they free trade, they use all sorts of other legal strictures to blunt it. If the law only allows one vehicle a day to be off loaded from a transporter, that ship would be in port for about ten years.

Our exports to China are ownership of our industry, real estate and intellectual property that they decided not to steal. The biggest real export to China is scrap metal. And, that may come back to us in a real bad way.

Consumers will always want the cheapest item available, but that is not always in the best interest of the nation. After buying all of those cheap gee gaws from China at Wally Mart, then they wonder why their job has gone to China.

Here is some interesting reading on the Canadian experience: http://www.bloomberg.com/news/2014-05-02/how-canada-s-flirtation-with-a-china-oil-market-soured.html

 

[KrazyKooKooKim]

WOW, what a read. I totally agree, We the PEOPLE have to start thinking of our selves, when it comes down to it Only WE can Protect Ourselves & our family. NOT the GOVERNMENT.

 

[rufus]

http://www.idealtaxes.com/post3097.shtml

http://www.forbes.com/sites/baizhuchen/2012/07/12/tear-down-this-wall-the-chinese-tariff-wall/

http://www.bloomberg.com/news/2012-10-23/wto-judges-to-investigate-chinese-tariffs-on-u-s-autos.html

http://www.nytimes.com/2011/12/15/b...vehicles-from-the-us.html?pagewanted=all&_r=0