Basic Econ #3 will only exist if the tariff overwhelms the margins of the foreign producer. This will generally cause HUGE problems in the US! Domestic producers were likely maintaining facitilities without huge amounts of excess capacity, because that was necessary in order to stay competitive on a world level. Immediately doubling quantity demanded from domestic suppliers would cause prices to skyrocket. This could potentially cause bankruptcy of suppliers without enough cash on hand. Also, prices would likely jump enough to make it profitable for foreign suppliers to get back into the game, even with a tariff in place. Consumers willing to pay the much higher prices would still buy. Those unwilling would simply go without. Production would slow, and American production jobs would be lost. In regards to Japan and cars. Japanese consumers are the ones who are hurt by the ban on American autos. Prices would drop significantly if they allowed US cars. Of course, if Japan allows US cars, then our prices for GM and Ford would increase domestically.
What on earth are you talking about??!!!?? Standards?? Everything everyone owns is made in China. Including my 70" plasma and my harmon kardon receiver, and my Alon speakers. "MADE IN CHINA" <IMG src="http://www.higherfi.com/spkrlist/alon_exotica_grand.jpg">
Ahhhh... but the made in china sticker is made in the U.S. At least this is true for the products that we import at my company. LOLOLOL
Was referring to specific cases regarding lead based paint, choking hazard, etc..... My statement was hypothetical and pertains to any goods. Consumers have the obligation to refuse to purchase goods they deem to be unsuitable. Regardless of where they were produced.
Those manufacturing procedures and ingredients were specified by the US CORPORATIONS!!!!!! Those Chinese all they're doing is following the instructions and assembling!! What a laugh. Democrats are the stupidest people on the planet.
MADE IN CHINA. Good luck with the ban. <IMG src="http://news.filefront.com/wp-content/uploads/2007/10/xbox_360.jpg"> <IMG src="http://cache.gizmodo.com/assets/resources/2007/01/iphone_mockups.jpg"> <IMG src="http://www.hometheatermag.com/images/archivesart/1007sharp52.1.jpg"> <IMG src="http://www.appliancist.com/fagor-refrigerator-24-inch-no-frost.JPG">
That might be the case, but it doesn't change the fact that consumers should refuse to purchase them. It seems that you might've missed the point of my statement. I don't think it is the governments job to ban goods. It is the consumer's job to refuse to buy them. Governments should only serve two purposes in the consumer world. 1- Work to ensure that the consumer is informed and purchase decision are made with all relevent info. 2- To control the sale of addictive substances and goods who's use will likely result in the infringement on the rights of others. Both of these are really part of the same function of government.
yes, I agree with you. I'm really replying to the original post about some mayor with some left wing ideas.
Got it. I agree they are left-wing ideas, but I don't disagree with them on the premise that they only resrict local government purchases. It can be argued that the city gov is just a simple consumer. If they want to personally ban Chinese goods then they have the right and maybe the obligation to. If they try to ban local suppliers from selling Chinese goods, that is where I have a problem.
Yes, totally agree. Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety. -Ben Franklin. Vote Ron Paul.