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Phil Dobson
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Comments by "Phil Dobson" (@phildobson8705) on "How steel, aluminum tariffs could affect small businesses" video.
Making keystone pipeline with USA steel doesn't actually cost USA as a country an extra 300 million dollars. It saves USA the total cost All the money stays in USA and pays wages in USA which buys products in USA which employed other people in USA
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It's about time all politicians realised that local production doesn't cost the country as a whole more, it saves total cost because this money pays wages circulating money rather than increasing trade deficit, bleeding country to death. Past Recessions were caused when high interest rates sucked vast sums of money out of circulation. In 1930s it was 'per week' interest rates by loan sharks that were horrific & took vast sums of money out of countries economies. Now it's vast trade deficits, where at least you do get a product and not just debt but in long-term it's unsustainable
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