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[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Tariffs are always a bad thing, just like price controls. Any excuse to cut taxes is a good one, and fuck anyone who doesn't like it because muhTribe.

Protectionist sinophobes can get gassed.

[–]Chipit[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Tariffs are always a bad thing,

This is neoliberalism.

See, the problem for the capitalist ruling classes is that global neoliberalism (i.e., globalism) is a really tough sell to regular folks. They can't just come out and explain to people that national sovereignty is essentially dead, and that political power now resides among a network of global corporations (which couldn't care less about their "nationality") exploiting a globalized labor market (which is why their "good jobs" are not coming back) and a globalized financial market (which is why almost everything is being privatized and their families are being debt-enslaved).

The essence of globalization is: labor is commoditized as mobile capital is free to roam the globe for the lowest cost labor. In contrast, labor is far less mobile, and unable to shift as fluidly and frictionlessly as capital to exploit scarcities and opportunities.

Neoliberalism enables capital to effortlessly crush labor. The neoliberals, in embracing open borders, have institutionalized an open immigration that shreds the scarcity value of domestic labor in favor of lower cost immigrant labor that serves capital's desire for lower costs.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

No, it's basic economics, but I don't care.