Trade Deficits, Boon or Bust?

[RickeyM]

Originally Posted by Oerets

Agree tariffs are bad, were intended to be used to protect a local industry over imported. When there is none local anymore.... outsourced, moved for profit in the past...

Also agree tax those who have profited from these and other advantages over the years. All at the expense of the rest of the nation.

Due to the competing philosophies of our political parties I don't see manufacturers rushing to bring back manufacturing here. Won't they simply shift to other places we haven't "placed" teriffs on?

As for taxing those who have profited from these advantages. Them's that got the gold makes the rules.