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Because they're highly regulated, centrally-planned economies with very little freedom for entrepreneurs.
I'll ask again:
-What economic education do you possess?
-Do you subscribe to the Keynesian School or the Austrian School?
-Who is your favorite economist?
That remains true of China, but not most of Europe. How are European countries centrally planned? They have more government regulations in place, but still have free enterprise.
That remains true of China, but not most of Europe. How are European countries centrally planned? They have more government regulations in place, but still have free enterprise.
Government regulations of any sort are antithetical to free-market capitalism. Most European countries still have some nationalized industries.
My bad. I assumed you were because you hold Trump to a different standard than you hold the members of the EU and the heads of China.
I hold ALL State agents to the same standard--the lowest one possible. I want the complete and total abolition of the government and a society based on voluntary exchange.
What kind of a Democrat says "taxation is theft?"
For the FOURTH time:
-What economic education do you possess?
-Do you subscribe to the Keynesian School or the Austrian School?
-Who is your favorite economist?
The tariffs between US-EU have been around 3% on both sides, so all the talk about Europe ripping US off was only to get people like the OP wound up with fake news.
The positive side is that Trump is trying to claw his way back to square one in some areas.
“We are willing to bring down even our car tariffs down to zero … if the U.S. does the same,” - Malmström
That's a pretty misleading figure! The unweighted average is 5.2% for the EU and 3.5% for us. However when you break it down to specifics for example: 10% on autos compared to 2.5% for us. There is a lot of work to be done and the previous administration punted! Personally I'd like to see no tariffs as they are just a tax on the consumer.
That's a pretty misleading figure! The unweighted average is 5.2% for the EU and 3.5% for us. However when you break it down to specifics for example: 10% on autos compared to 2.5% for us. There is a lot of work to be done and the previous administration punted! Personally I'd like to see no tariffs as they are just a tax on the consumer.
The previous Admin joined the TPP which abolished those tariffs on both sides.
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My bad. I assumed you were because you hold Trump to a different standard than you hold the members of the EU and the heads of China.
Really? Where do you see that? Rebeldor is not even remotely a Democrat. And you post here enough you should know that by now.
Also why don't you answer the questions posed to you about your economic education, favorite economic ideology, and favorite economist?
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