General Discussion
In reply to the discussion: America's massive trade deficit: Why BIG tariffs won't hurt the United States [View all]abumbyanyothername
(2,711 posts)The only question is how we do it.
As to war with China, they are not ready yet. And so perhaps now would be the time before they get ready. Also bear in mind that without US markets, China has a basically unmanageable domestic situation that would prevent them from engaging in too much in the way of international escapades. They already have about the size of the US workforce in unemployed people, mainly young men. They also have a big imbalance of men vs. women.
As to resources/computer components, etc. That which must be done, will be done. The international trade route is simply the current path of least resistance (given the elite power structure, etc.) to solving these engineering problems. There are possibly infinite solutions to every engineering problem. Certainly more than one.
Also no one is saying that we have to use a DU keyboard jockey blunt stick on a tariff plan. The tariffs could be phased in to give all the economies a chance to adjust. Of course, even our party is drifting the opposite direction these days.
Nevertheless, the US worker would be a big net winner in a high tariff environment. Robert Reich has a youtube video on tariffs, I believe.
As for my economic philosophy, google swadeshi. As the example of my suit shows, I am not always perfect at living up to my economic moral obligations. But I try.