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Old 03-04-2018, 04:58 PM
 
Location: By the sea, by the sea, by the beautiful sea
58,188 posts, read 41,018,063 times
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Quote:
Originally Posted by Bureaucat View Post
Not sure this is the right spot for this comment, but just an aside, the last time we had a tariff on steel, studies indicated that it cost the loss of more jobs overall than the entire number of persons employed in steel production.

I donít see the Keynesian socialism in tariffs as much as sheer stupidity.

http://www.tradepartnership.com/pdf_...02jobstudy.pdf

https://www.theatlantic.com/politics...uences/554690/

Consider the man shooting from the lip imposing the tariffs.
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Old 03-04-2018, 05:21 PM
 
1,089 posts, read 479,357 times
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When prices on steel and aluminum are too high due to lack of import competition, many of the infrastructure projects will be cancelled, instead of a revived Rust Belt with low efficiency. Tariffs reduce economic activities.
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Old 03-04-2018, 05:46 PM
 
Location: Houston
22,546 posts, read 11,610,597 times
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Quote:
Originally Posted by 6oo9 View Post
When prices on steel and aluminum are too high due to lack of import competition, many of the infrastructure projects will be cancelled, instead of a revived Rust Belt with low efficiency. Tariffs reduce economic activities.
Tariffs on goods involved in the production of other goods are particularly harmful.
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Old 03-04-2018, 06:00 PM
 
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What's so bad about Keynesian economics? It's not as bad as what we have now.
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Old 03-04-2018, 06:13 PM
 
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Quote:
Originally Posted by J746NEW View Post
Karl Marx advocated Free Trade, i.e. Capitalism, because (a) whereas Protection builds up the nation-state, Free Trade breaks it down, as a prelude to the creation of a world-state by the Capitalists (b) Free Trade breaks down traditional culture, as a prelude to the creation of a world culture (c) Free Trade exacerbates class warfare, and through this the Capitalists will lose control of the world-state - they will be defeated by the impoverished classes, with the help of their backers in the higher classes.

Marx quote: In a word, the Free Trade system hastens the Social Revolution. In this revolutionary sense alone, gentlemen, I am in favor of Free Trade.

Milton Friedman and Karl Marx on free trade

Milton Friedman and Karl Marx on free trade
I always thought libertarians sounded like communist. They just substituted the communist party and state with multinational corporations.
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Old 03-04-2018, 06:18 PM
 
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Quote:
Originally Posted by rebeldor View Post
All taxation is theft, Constitution be damned.

I agree with you on the military.

And I was wrong on Marx; however, "free-trade" is still State-managed trade.
But you just want to replace taxes with profits and have multinational-corporate-managed free trade. Globalist free-traders are the real Marxist today .
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Old 03-04-2018, 06:24 PM
 
2,801 posts, read 1,144,275 times
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Quote:
Originally Posted by mtl1 View Post
What's so bad about Keynesian economics? It's not as bad as what we have now.
Wait, what? You must've been a big Obama supporter.
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Old 03-04-2018, 06:25 PM
 
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Also, tariffs have nothing to do with "Keynesian socialism."
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Old 03-04-2018, 06:37 PM
 
12,403 posts, read 3,898,827 times
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Quote:
Originally Posted by Drewjdeg View Post
Wait, what? You must've been a big Obama supporter.
How so, Obama was just globalist? Obama supporter are fighting words .
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Old 03-04-2018, 06:39 PM
 
Location: 15 months till retirement and I can leave the hell hole of New Yakistan
25,349 posts, read 14,059,178 times
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Quote:
Originally Posted by mtl1 View Post
But you just want to replace taxes with profits and have multinational-corporate-managed free trade. Globalist free-traders are the real Marxist today .
the liberals always have been
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