Respectfully, protectionism isn’t that much better. In terms of economic velocity (efficient use of money/value/resources), it would be better if we used the money in other industries.
“The Chinese are competitive.” Yup, they are beating the global
”They own the materials.” Yup, good planning on their part
”Massive country & workforce.” And a bunch of Chinese manufacturing has reduced humans and/or are dark with no humans.
“Allowing them to sell superior products is bad.” Sure, for the stakeholders. Not for Americans. I’m already being screwed by capitalists all over the place. Let’s expedite capitalism’s demise, please.
Respectfully, protectionism isn’t that much better. In terms of economic velocity (efficient use of money/value/resources), it would be better if we used the money in other industries.
“Allowing them to sell superior products is bad.” Sure, for the stakeholders. Not for Americans. I’m already being screwed by capitalists all over the place. Let’s expedite capitalism’s demise, please.
I think they mean lax labor safety. It’s much cheaper to make things if you don’t worry about your workers getting killed or injured at higher rates.
You don’t seem to be accounting for the strategic value of the car industry, which is what the person above was talking about.