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Joined 1 year ago
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Cake day: June 12th, 2023

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  • There are two valid reasons that tariffs are normally applied. The first is to protect the local economy. This usually makes sense where there are marked differences in the cost of living in two regions, giving a financial advantage to the region with the lower CoL. The second is to counteract subsidies in one region allowing a lower sale price in another region. The idea here is to remove the unfair advantage the subsidized companies are enjoying.

    There are other reasons, such as simple protectionism, where relative competitiveness is ignored and is more broadly applied to restrict foreign goods and services from flooding a market.

    The reason for not applying tariffs for locally-made products is pretty straightforward. Employees are local, goods produced are local, business taxes (if actually paid) are local. Profits will undoubtedly be siphoned off to China, but that’s the case for any foreign owned business.



  • Holy fuck, you come across as such an entitled asshole! “How can I make my life better. No comments about other people’s lives getting better in the time frame I mentioned, those things weren’t a problem for me and I don’t care.” Also, “I want the blissful ignorance of my childhood [guessing here] without acknowledging the reality of that time that led to the consequences I wish I wasn’t living in right now.”

    So, back to the question. I don’t know l, maybe hit yourself in the head with a rock until you have the intellect of a six-year-old and have your parents take care of you for the rest of your life? Find some other way to reject the negative reality of the present as much as you reject the positive reality of the present and the negative reality of the past?



  • If wealth is accumulated due to merit, why does wealth tend to accumulate within families? Are these families somehow more meritorious than the rest of the population? Is it perhaps the multi-generational connections made in industry providing additional benefit to those families?

    As for the free market, the FDA was formed because bakers in the free market realized that sawdust was cheaper than flour. The free market also requires perfect information to function correctly, but even if you have that how will it help if there is no better regulation. Once upon a time the only kind of match you could buy were made with white phosphorus, despite how dangerous it was to work with. It took regulation to switch to red phosphorus, even though the expense was only slightly higher.