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Comment by SpaceManNabs

7 days ago

This is a bunch of nonsense that is not driven by data and not even worth a response.

I am tired of people spitting BS just to defend Trump's inane policies and everyone else having to rederive modern economic trade theory in comments in order to counter it.

Physicists used to get a bunch of derision for thinking their high skills in analytical thinking in physics easily carried over to other fields, and now we have CS majors thinking the same.

Regardless I will do some of the countering:

> what about the former domestic producers who could not compete, and do not have the skills or capital to find a new job which pays as well?

We had a candidates that offered job re-training programs. Those candidates weren't selected and those jobs went away even as we tried to put up protectionist domestic policy.

> our society as such is biased heavily toward importing goods rather than exporting goods.

This is fine. Comparative advantages and all. We just need to produce the goods necessary for national security. It worked out well so far. Do we actually want to have other countries do the high value services and us doing the low value manufacturing???? Why are you justifying engaging in a trade war with Cambodia and Vietnam?

> Tariffs accomplish both of those, raising money at the same time as raising cost of goods and weakening the dollar.

This is not backed by any data. Every single economic thinkthank worth a damn, including conservative ones, have detailed how it will raise the national debt.

I am tired of people saying ridiculous arguments just so they can stave off cognitive dissonance.

Tearing down our soft power and throwig out every trade deal we have carefully crafted since WWII is absolutely ridiculous.