America's massive trade deficit: Why BIG tariffs won't hurt the United States

[abumbyanyothername]

65. us = US

And while it could lead to war in places like China or India or even moreso, Saudi Arabia and such, it would have exactly ZERO effect on the 99% in the US. Or actually a positive effect. Would we care who won in China v. India if we had no need for anything that they controlled or produced?

All the gains from the free world trade movement have gone to the elites. Not just in America, but everywhere.

A lack of resources is a good thing for America. It will force us to do what Jimmy Carter tried to tell us to do: use our brains to get the same output out of less input. In a world of $10/gallon gasoline I can guarantee you that 100 mpg autos will begin to appear. Zero Energy Design homes and other buildings are currently technically possible and probably even cheaper than standard designs.

I have faith in American ingenuity to find substitutes for imported resources. And they probably will be better and cheaper too. The only reason that we are using the old resources that are no longer ours in a near monopoly is because companies like BP (Standard Oil) are too lazy to become true energy companies and are satisfied to remain oil companies -- and have infiltrated government to protect their monopoly.