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guydreamr
VisualEconomik EN
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Comments by "guydreamr" (@guydreamr) on "Why Does the U.S. Block Free Trade with Europe? @VisualPolitikEN" video.
As an American, the way I see it, higher prices as a result of tariffs can be thought of as a tax to maintain living standards overall, similar to how immigration quotas maintain wages. Definitely worth it.
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@bozimmerman Apparently you haven't read too widely. "23 Things They Don't Tell You About Capitalism" by Oxford economist Ha-Joon Chang makes the very same argument, with cases studies and research to back it up.
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@Cherry-pu4mx Except that the United States has always had tariffs, and built all of its major industries with tariffs. None other than Adam Smith once argued "comparative advantage" under "free trade" meant that Britain ships manufactured goods to the colonies and that the colonies ships raw materials to the Britain like cotton, sugar, tobacco, furs and so forth. But then the colonies decided to fight a war of independence and as the sovereign nation of the United States, erected tariffs and developed its own major industries instead. Japan, South Korea, and Taiwan all share similar stories.
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@Cherry-pu4mx Comparative advantage is indeed undermined by protectionism in favor of developing local industries which lead to higher living standards long-term. Adam Smith is thus refuted by the historical examples which I've already cited.
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@Cherry-pu4mx Once again, all you're doing is basically repeating your arguments without providing a shred of evidence or historical examples in their support. Until you do, your statements are rejected, period end of story.
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@Cherry-pu4mx Nice to know that your beliefs are evidence free. If that's how you do business that's your affair, but if you're looking to persuade others, you're going to need to provide something more substantial than just unsupported opinion. Until you do, your statements are once again rejected.
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@Cherry-pu4mx You've explained without providing a shred of evidence, and I've already mentioned why tariffs increase living standards as supported by historical examples in my previous comments.
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@Cherry-pu4mx Once again, your statements are all supported and they are once again rejected.
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@Cherry-pu4mx Respectfully, your statements are still unsupported and your statements are still rejected.
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@Cherry-pu4mx Well if you're statements are so logically sound, you should be able to produce evidence in their support, which you have thus far been unable to do. For millenia, the ancient Greeks had claimed that heavier objects fall faster than lighter ones, which everyone believed because they were so elegantly crafted, logically speaking. That is, until Galileo dropped two balls of different weights off the Leaning Tower of Pisa and in one fell swoop demonstrated that regardless of mass, all objects fall at the same velocity. In other words, he provided evidence
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@Cherry-pu4mx Omg the economy boomed both after WW2 and during Trump's term so you've literally provided contradictory evidence.
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@Cherry-pu4mx So all that demonstrates is that there are other factors governing how well an economy does than just tariffs, which fails to prove your argument that low tariffs are the only or even one of the necessary ones.
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