▲ | unethical_ban 7 days ago | |||||||||||||||||||||||||
The parent comment is speculation. But yes, speculatively, a legislative act of investment would be less authoritarian than the whims of an executive that puts tariffs on your product constantly unless you do what he says. | ||||||||||||||||||||||||||
▲ | MrBrobot 7 days ago | parent [-] | |||||||||||||||||||||||||
Is the method by which it’s communicated what gives you negative feelings? Because this is an approach to handling the labor dumping that’s been allowed in nearly every industry since the 1980s, and it’s been used numerous times in the US and abroad. They typically only offer temporary relief, while domestic industries should be adjusting and better trade deals get negotiated. The last I checked, that’s been happening to some degree… but it also probably needs to be supported by the ability for companies to borrow money, which the Fed (until recently) seemed hell bent on preventing, while we continued to watch the job market burn to the ground. So cash flush businesses investing in each other to keep competition alive seems like a positive here. Maybe that’s just me? | ||||||||||||||||||||||||||
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