People Who Say Protectionism is Bad Are Idiots
I find it interesting that people who call themselves Libertarian, Democrat, and Republican all jump on the “protectionism is bad” bandwagon. They wail and moan how it harms the american “consumer” with rising prices, if they are not allowed free trade.
BUT HOLD ON A SECOND, you can’t start a company in China without 51% ownership by a Chinese firm. You can’t sell goods in china without huge 40%-60% tariffs on all imported goods.
This notion of protectionism is a complete and utter lie. China has been doing this for 60 years. In fact, they are so bad, they even subsidize exports. That means, the cheap Chinese crap you buy, isn’t actually cheap, they use Chinese tax payer money to lower the prices. Then, when you see it on the shelf, it is twice as cheap as a US made piece of plastic trash, because the US doesn’t put tariffs on it. So instead of an American made plastic cup, you now can only find a Chinese made plastic cup. And, some idiot on the news says, OH ITS A MIRACLE, CHINESE PLASTIC CUPS ARE CHEAPER THAN AMERICAN PLASTIC CUPS, THE AMERICAN CONSUMER WINS.
No no no no no! Stop! Their government is lowering the prices of all Chinese exports to make sure the local plastic crap is more expensive.
The Chinese economy is not THAT far off of the American economy. They are not a 3rd world nation.
You’ve been had, bamboozled, hoodwinked, RUN AMUCK. These idiots crying about protectionism have no clue what they are talking about. We don’t need “free trade”, we need equal trade. Any country that has economic policies in place for American goods, the US should have an exact mirror of those policies. PROBLEM SOLVED.