Maori Kiwifruit Growers
kiwifarms.net
- Joined
- Dec 23, 2022
But in the long run it won't matter. We need to use the sherman anti trust act to do what it was designed to do. It use to be that you could rely on the Democrats to use it or at least implement Keynesian economics (aka priming the pump). However since Obama and probably carter or Clinton they have forgon what made them attractive in the first place (focusing on the workers and not the corporations/industry) instead chasing ghosts and purity spiralling with DEI, Palestine and BLM.You're right there isn't much left to protect, but one of the reasons we lack a lot of domestic production is BECAUSE the megacorps can outsource labor globally to the lowest bidder, while up-and-coming competitors cannot. Competitors die in the cradle, or get bought out, and that's if anyone bothers to try. I don't view this so much as protecting existing domestic, as creating that exact competition you think we need (and I'm inclined to agree we need it). This does attack the megacorps in a roundabout way, which is why the market started shitting itself. Wiping out a few trillion in "value" in a few days is no small feat
Also tarrifs are designed to protect domestic industry, in short when you make a tarrif you are artificially making foreign products more expensive thus forcing the consumer to look domestic first before they look international. This works when your market has it's own internal competition but it doesn't make sense in this broad manner.
For example (here's a hypothetical based in truth) most consumer washing machines are made in China/over seas. Only two brands are made in America, both owned by the same company (mega-wash). If a washing machine made over seas suddenly costs more than one made domestically (due to tarrifs) the consumer will buy domestic. That's good, however because of a lack of domestic competition, the only company which makes money is mega-wash.
What Trump should do is offer grants to Americans who want to make their own washing machine companies so they can sell their products at a competitive price point to compete with mega-wash. However, many Republicans think that the fed shouldn't be assisting anyone so mega-wash faces zero domestic competition. The Democrats use to be the party who would push for an agency to give those grants, but the modern Democratic party has decided that john from Iowa shouldn't get any money instead it should go to some tranny who doesn't even know how to wash anything.
In the end, we are completely and utterly fucked as consumers.
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