Winning
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Hypothetically this could create business incentives for building local capacity, but realistically manufacturers are not going to invest with the assumption that these tariffs will be permanent. Eventually either Trump will back down or he'll be replaced by someone else, and the tariffs will end. Why invest in manufacturing when there's no long term guarantees for profitability?
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Nothing in the comic says expensive Chinese products won't also become more expensive
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Can't afford avocado toast anymore
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I'm approximating, but it's in that general time period when manufacturing was moving to China, and with very little concern for the American worker.
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That stuff was never cheap though
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Nobody said otherwise
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They are cheap compared to what they would cost if they were by on US Soil by Americans
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I’m gonna guess this might be different 4 years from now. I would think it’s in the best interest of other countries to lessen their dependence on the USA for certain things.
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What is this AI dribble?
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True, but I don't think anyone expects a balanced US budget at this stage of global economics. IMO a loss of the AAA rating would tank the economy significantly and risk a massive corporate backlash. This will make the government's stance untenable and cannot simply be solved by issuing unlimited debt.
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Right? This does nothing without initatives to help people launch manufacturing start-ups
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Ironically enough, a great solution to this problem would be to bring in Chinese experts to train American workers. The USD still spends.
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To be fair (French here), we love to make fun of your elections but ours in not much better.
We elect our president in two rounds and only keep the two best candidates for the second round. So if every candidates has around 10% of votes, two rather niche candidates could get to second round. To avoid this, it means that candidates that have compatible-ish ideas should team up on compromises but apparently that's not a competitive strategy (compromises make you look weak maybe ?
)So yeah, we can also have weird results. But at least we have a large panel of ideas that gets represented-ish (our society gets more and more polarized too, and this is frightening).
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Well they inferred it
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Ironically enough, a great solution to this problem would be to bring in Chinese experts to train American workers. The USD still spends.
All I can do is mass deportation.
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Ball had started rolling on Reform and Opening Up by about that time
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They'll take any extra taxes gained and put it into the military budget
Trump is actually trying to cut the military budget too. Which is actually problematic because we have a lot of equipment (particularly aircraft) that is aging out and we already can't develop and/or manufacture replacements fast enough
