Quote:
Originally Posted by mulligan
If a prohibitive tariff were imposed on foreign goods, all those lost jobs would come back. And while we're at it an extra tax on all profit from work outsourced by American companies to foreign countries. And while we're at it, no foreign entity, individual or corporate, may purchase/own any real estate in the US. Keep profits/dividends stateside. Make ownership = citizenship.
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It sounds good, but.....we would still be driving cr@p cars were it not for competition from Japanese (Toyota) imports. We would be paying at least double for our clothing, including Nike, Under Armor, etc. Apple products would be twice what they are now, which is already too much. Reducing competition, whether for manufactured goods or labor, results in inferior products including labor, and/or inflation. Neither are good for the consumer.