Comment on How can you oppose tariffs, while supporting a hardline against China on Taiwan?
surph_ninja@lemmy.world 1 week agoThe problem is, they will leave the moment you cut off the incentive. So it becomes a permanent subsidy.
Comment on How can you oppose tariffs, while supporting a hardline against China on Taiwan?
surph_ninja@lemmy.world 1 week agoThe problem is, they will leave the moment you cut off the incentive. So it becomes a permanent subsidy.
SouthFresh@lemmy.world 1 week ago
I don’t disagree with that, but it assumes the incentives are intended to expire. If the aim is to bring manufacturing back to the U.S., then one has to ensure manufacturing in the U.S. is profitable.
Tariffs do nothing for that.
surph_ninja@lemmy.world 1 week ago
That’s not correct. Almost every single manufacturing industry that was outsourced was plenty profitable here in the states. They were outsourced because it was more profitable to do it overseas. It’s a race to the bottom.
I agree tariffs aren’t the right move. Personally, I would support nationalization and import bans on certain industries.
SouthFresh@lemmy.world 1 week ago
I think you missed where we’re in agreement about it being more profitable outside of the country. I was only suggesting that a better way to combat that would be incentives that are designed to maintain a status where the process of manufacturing remains profitable within the U.S.
surph_ninja@lemmy.world 1 week ago
I’d don’t miss anything. I just don’t think any domestic industry required for economic & national security should hinge on something as precarious as incentivizing. If they’re that critical, it needs to be nationalized, with strict import bans. Fuck the profitability or buttering up capitalists in hopes they’ll do the right thing for us.