reply to post by tothetenthpower
Hmm, that's two straight of your posts I disagree with....first, the infrastructure is NOT in bad shape. The talent/skill to construct is still
there, the railways have lots of room to move anything necessary. No one in the world can put up a brand new manufacturing base as fast as the U.S.,
Second, yes a tariff would produce counter tariffs the total is still in the U.S.'s favor. Our exports are low, other than foods-after all "we have
no infrastructure" so their tariffs don't hurt much. The revenue from our tariffs could be used, in part to retool those who are hurt by export
After all, our trade imbalance is proof there's more to gain from tariffs than lost. Yes, the rest of the world would be piss, but, so what else is
Again, I'd exempt Canada and Mexico from a manufacturing import tariff. Partially due to the tradition of the relationship, partially to avoid issues
with oil imports from both.
It would have to happen soom, though, that infrastructure won't last much longer.....
Steel is the key, the iron reserves, by my understanding, are in Ontario. Canadian steel production would also contribute. rebuild our steel industry.
That's the first step...
The tariffs would be small to start, around 10%. make it known that it goes up in six months, another 10%, and again in six more months and you will
get a return in investment monies by those corporations that left in the first place.
A manufacturing import tariff turns our economy around in months....
Inflation would be a factor, but, only manufactured goods would be targetted, food goods exempt. so what if you have to pay more for an I-Pod? A TV,
Last point, an economic isolation only. Not military. Please remember the world wars. The ingredients were, multiple powers, all fairly close in
military strength, an isolationist America that wanted nothing to do with everyone elses problems...we got sucked anyways.
Maintain our strength, use it a little more judiciously.
A strong America, economically and militarily, is in the long run, a good thing for this world, IMHO.