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May 18, 2013
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China vs. the House of RepresentativesPosted on Sep 29, 2010
Although the measure has almost no chance of passing the Senate, the House voted 348-79 to give President Obama the power to put tariffs on all Chinese imports. The legislative hissy fit is clearly intended to sate economically vulnerable voters who view China as a jobs threat.
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By ssg13565, September 30, 2010 at 10:43 am Link to this comment
If having an industrial policy is a bad thing to do, why do countries that have them do so well economically?
When you find yourself in a contest, losers want to change the rules so the winner’s strategy is forbidden.
Aspiring winners look at the winning strategy and figure out how to adapt it to their style of play.
Since when did the USA decide to take on the role of loser? “It’s just not fair, the other player’s strategy is better than mine. Make him stop.”
Report thisBy bool, September 30, 2010 at 6:34 am Link to this comment
(Unregistered commenter)
“The legislative hissy fit is clearly intended to sate economically vulnerable voters
who view China as a jobs threat.”
I thought this was to sate serious people who view unreciprocated free trade with
Report thisa nation that has an functioning industrial policy and tariffs as a bad idea.
By Crowsnest, September 30, 2010 at 5:01 am Link to this comment
(Unregistered commenter)
The Obama administration is great at starting wars that cannot be won.
Report thisBy basho, September 30, 2010 at 2:47 am Link to this comment
right on Queenie
Report thisBy Queenie, September 29, 2010 at 6:44 pm Link to this comment
A better idea would be to tax the effing companies that move production offshore. Tax them until they cry uncle (Sam). Where are our kids and grandkids going to work? Not everyone can afford college. We have to start producing goods here with good pay. A man has got to have a job for crissake!
Report thisBy ssg13565, September 29, 2010 at 5:49 pm Link to this comment
So the Chinese are selling us stuff at too low a price. That really makes me mad. I wish they would raise the prices of all the stuff they sell us.
Are they selling stuff for less than it costs them? How come they are getting so rich then?
Remember what China did to Japan over a fishing boat incident? They cut off their access to lithium used in all the lithium batteries.
None of this adds up. There is some truth out there that needs to be dug up.
Until the truth comes out, I will consider this behavior of our government to be a smoke screen for what is actually going on. I am not about to applaud the House of Representatives for continuing to try to pull the wool over my eyes.
Report thisBy PatrickHenry, September 29, 2010 at 5:08 pm Link to this comment
The Chinese just put tariffs on U.S. chicken imports to China of up to 106%.
I think this is a good idea to impose tariffs and equalize the offshoring losses to our tax base that America is presently suffering.
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