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Despite calling it simple it sounds complex. But lets recap:


A system of certificates will be used to extract money from people who import certain but not all products into the US. Then that money will be used to subsidize certain but not all products being exported from the US.


1. its a tax on imports

2. its a subsidy

3. it is applied by beaurocrats unevenly and unfairly


How will that not result in other countries slapping the same restrictions back on us? How will that not result in some companies receiving special treatment and upsetting the balance of the market? How will that not really just give more power to beaurocrats and corporatists?


If it were to work imports from other countries would be slowed while exports from our country increases. Other countries would still make products cheaper than we do just our citizens would not be able to buy them at the better price. That is not good for consumers. That just makes stuff cost more which is exactly what trade deficits are already doing without all the red tape and corruption. It is only good for companies that receive subsidies and the crats that hand them out.


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