Or do they up the ante and impose more tariffs on incoming U.S. goods?
Is this something that the Hacker News community actually supports Trump on? More curious than anything - you just don't see a lot of support for any of his initiatives here.
? Why all the downvotes?
- You don't want rent control?
- I guess whatever non-Pigouvian portion of tax/subsidy is also out of bounds?
I don't want rent, period. Housing and means of production are a basic need and should be provided outside of markets.
> I guess whatever non-Pigouvian portion of tax/subsidy is also out of bounds?
Following my system, there would be no money, no taxes, and government would be limited to coordinating between regions for large projects.
It does, I agree =]
A lot of people likely agree the imbalance was hurting us businesses. But fewer agree with how it was done, or want to support Trump.
Other trade war elements like getting out of TPP and bellicosity in general have cost vastly more than the value of stopping drop-shipping Chinese eBay sellers, which is negligible in US China trade.
What concession? It's a clear market distortion that shipping rates across such distances are so ridiculously low. I'm not sure why anybody is supporting them. This isn't about Trump or not Trump, and always putting these issues in these terms is incredibly distracting from what's actually important. (And I say this as somebody who absolutely despises Trump.)
Come on, everyone supports ridiculously low costs on anything.
You could also say mandate that say breakfast at a hotel should cost no more than $1. You'd get that, but you'd also pay for it via rising hotel prices that would need to subsidize that benefit some enjoy with a higher room fee that everyone would pay for.
In this case lower shipping rates for some are subsidized with higher shipping rates for others, or in some other countries with the same problem corresponding state subsidies for the postal service paid for out of the general state budget.
EDIT: whoops, untrue as below. Disregard this.