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The New DU. Reply #26: Nonsense! You apply tariffs to imported goods.
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FredStembottom
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Mon Sep-10-07 09:23 AM
Response to Reply #4 |
| 26. Nonsense! You apply tariffs to imported goods. |
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Just as we did for the first 200 or so years of our history.
If producing tennis-shoes costs 90 cents/pair of labor in China but $5.00/pair of labor in the US you apply $4.10 of tariffs to Chinese tennis shoes entering the US.
Viola! Even playingfield for US shoemakers.
This Is what we did until Reagan came along and began making US workers naked to foreign slave-labor by pre-emptively dropping our tariffs. Bill Clinton finished what Reagan began. And outsourcing became a necessity for corps.
Stop with the straw-man of "make(ing) imports illegal"! We simply go back to what worked - and what almost all other countries (including China) still do. Tariffs.
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