this post was submitted on 20 Nov 2024
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[–] [email protected] 1 points 1 day ago (1 children)

You don't have to completely offset wages with tarrifs just make the ROI on moving take 10 years.

The steal tarrifs Trump used led to increased production in the US while Europe production stayed the same. Tarrifs do not have to hurt buying power.

Based on your arguments I assume you're against minimum wage too.

[–] [email protected] 1 points 1 day ago (1 children)

Based on your arguments I assume you're against minimum wage too.

That wouldn't be accurate. I am for global taxes and minimum wages to stop the whole "we'll just move the company elsewhere" bullshit all together

[–] [email protected] 1 points 17 hours ago

The same argument you made about tarrifs can be made about minimum wage. Though I doubt you're concerned with buying power, you seem more like a everone gets the same thing type of person.

The tarrifs Trump used helped the US. US steal companies were increasing production while Europe was stagnant. If buying power was down production would follow, steal worker wages increased over that period too.