Off-Topic: Trade wars are never won
(Deep Lake Specific)
1 messages
Updated 2/16/2011
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(Deep Lake Specific)
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Updated 2/16/2011
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Name:
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MartiniMan
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Subject:
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Trade wars are never won
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Date:
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4/4/2018 9:24:47 AM
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I get Trump's disgust with our trading partners and maybe all this is a strategy to get them to the table to negotiate more fair access to their markets, but at what cost? The fact is all tariffs do is increase the cost for goods that we purchase and always results in retaliation. If some government subsidizes an industry then we benefit from lower prices. However, this comes at a cost as we lose jobs and entire industries. It is a complex problem and there are no easy answers but tariffs are not the right solution.
As for Amazon, I don't know what the President is hoping to accomplish with his criticism of the company. I'm a free market guy and while I don't like Bezos' politics he is offering a service that people apparently want. I too am an Amazon prime member (even if the "free shipping" part is a scam). Seems like Trump is following Obama's lead and is trying to pick winners and losers. That should be left to the markets and is not the proper role of government.
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