The Economics and Political Science Room
Timber
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Timber
ΜOΛΩΝ ΛΑΒΕ
Senior Member
Didn't say they were. They have tariffs on our products and you don't think we should do anything? No, you get what you give. It's not our job to protect Canadian business. We are supposed to protect ours.Originally Posted by Dr. Who
Get rid of all tariffs and let things be whatever they are. If Canadian farmers can't compete they can go the way of our coal mines.
Liberals are a clear and present danger to our nation
Pick your enemies carefully.
Advisor
No nation can risk the elimination of their domestic food supply and be beholding to other nations for food. You can capture that under national security.
In quoting my post, you affirm and agree that you have not been goaded, provoked, emotionally manipulated or otherwise coerced into responding.
"The difference between what we do and what we are capable of doing would suffice to solve most of the world’s problems.”
Mahatma Gandhi
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Senior Member
What nations need to do instead of harming their own people with tariffs (taxes) is find their own competitive advantage.
Adam Smith, Wealth:
And speaking, earlier, of economic laws, this is truly one: The Ricardian Law of Comparative Advantage.What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry employed in a way in which we have some advantage. The general industry of the country, being always in proportion to the capital which employs it, will not thereby be diminished, no more than that of the above-mentioned artificers; but only left to find out the way in which it can be employed with the greatest advantage. It is certainly not employed to the greatest advantage when it is thus directed towards an object which it can buy cheaper than it can make. The value of its annual produce is certainly more or less diminished when it is thus turned away from producing commodities evidently of more value than the commodity which it is directed to produce. According to the supposition, that commodity could be purchased from foreign countries cheaper than it can be made at home. It could, therefore, have been purchased with a part only of the commodities, or, what is the same thing, with a part only of the price of the commodities, which the industry employed by an equal capital would have produced at home, had it been left to follow its natural course. The industry of the country, therefore, is thus turned away from a more to a less advantageous employment, and the exchangeable value of its annual produce, instead of being increased, according to the intention of the lawgiver, must necessarily be diminished by every such regulation.
Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler
Senior Member
This nation can't be under the control of another nation for steel. There's some national security for you. What's your complaint?
Drop all tariffs and let the economies do whatever they do.
Liberals are a clear and present danger to our nation
Pick your enemies carefully.
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