StackSatsRaiseFamily on Nostr: You stopped responding, likely because it occurred to you why those corporations sent ...
You stopped responding, likely because it occurred to you why those corporations sent factories overseas-cheaper labor. The unskilled/blue-collar worker hasn’t had a raise (inflation adjusted) since the 70s. Tariffs are not a tax on the poor. It brings corporations home and raises wages for the least skilled. As for pricing, the last time tariffs were raised, China subsidize the tariff in order to move product and incentivize corporations to stay. Meaning, the burden was placed on the Chinese tax payer. We run a ginormous trade deficit and the worst thing for our economy is cheap Chinese goods. It is NOT a tax on the poor.
Published at
2024-11-18 11:05:04Event JSON
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