These fucking people I swear, they believe in market fairies. They think that if they ban imports, domestic supply will suddenly materialize from nowhere. They're willing to ban but not willing to invest. Unless it's some hare brained scheme where they write a capitalist a check for $20B to build a $2B factory
Why would anyone build a big panel factory when the tariffs can just as easily be reversed? Also where are we supposed to get the knowledge and equipment?
It's all so profoundly stupid, backwards, and FRUSTRATING when you clearly have an example of an alternate system that works and yet refuse to adopt it because of greed, of all things
Ironic in a way that productive forces are so developed in China that the communists have become free marketeers while the capitalists are back to doing hardcore 18th century protectionist mercantilism.
China really learned from the mistakes of the Soviet Union. They let the capitalists in and the capitalists gleefully destroyed their own productive capacity for a quick profit. This is what long term planning uninterrupted by the endless moving of deck chairs on the Titanic (American elections) gets you.
Agreed but to be fair, I think the Soviets would have done this if they could have, but they were facing an imminent invasion from the Nazis and had to batten down the hatches. China’s borders seem more secure to me compared with the USSR, which had lengthy borders with imperialist countries.
I saw a lib on tiktok saying “Chinese cars are not banned in America they just have a 28% tariff!” Not too long ago and even with that I was like wow that’s a lot lol
Just as expected. it doesn't matter if you do tariffs if you leave it to the free market. there has to be planning for protectionism to work, the capitalists have to obey you like in China or have it be state owned else they will keep making overpriced garbage.
idk a 11k car becoming 22k when I could buy like some toyota or some bullshit for 11k is a hard sell for me, a poor person who already can't afford an 11k car
Don't worry, the US has your best interests in mind. Now how can I get you out the door in a Mustang Mach-e today? It's only $1000/month on a 10 year loan with a low interest rate of 17.8%
If you double the price of a $20K car that’s still only 40K for essentially the best EV you can get in the US. And I think the cheapest I’ve seen is actually 11k. The Chinese are still gonna take your markets, you’ll just be taxing the buyers and suppressing their buying power