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Thread: Rand explains his opposition to tariffs:

  1. #1

    Lightbulb Rand explains his opposition to tariffs:

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    "A politician will do almost anything to keep their job, even become a patriot" - Hearst



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  3. #2
    Shows he doesn't understand economics.
    The average American has lost far more wealth from offshoring than they save by paying slave labor prices.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  4. #3
    Quote Originally Posted by Swordsmyth View Post
    Shows he doesn't understand economics.
    The average American has lost far more wealth from offshoring than they save by paying slave labor prices.
    It sounds like you think that 100% of economists from every school of thought don't understand economics.
    There is nothing to fear from globalism, free trade and a single worldwide currency, but a globalism where free trade is competitively subsidized by each nation, a continuous trade war is dictated by the WTO, and the single currency is pure fiat, fear is justified. That type of globalism is destined to collapse into economic despair, inflationism and protectionism and managed by resurgent militant nationalism.
    Ron Paul
    Congressional Record (March 13, 2001)

  5. #4

    Thumbs down

    Quote Originally Posted by Swordsmyth View Post
    Shows he doesn't understand economics.
    The average American has lost far more wealth from offshoring than they save by paying slave labor prices.
    This is demonstrably false. You need an econ 101 class. I would start here... http://www.Mises.org
    __________________________________________________ ________________
    "A politician will do almost anything to keep their job, even become a patriot" - Hearst

  6. #5
    Quote Originally Posted by Invisible Man View Post
    It sounds like you think that 100% of economists from every school of thought don't understand economics.
    Wouldn't be the first thing 100% of economists were wrong about
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Crenshaw 2024!!!!

    My pronouns are he/him/his

  7. #6
    Quote Originally Posted by Matt Collins View Post
    This is demonstrably false. You need an econ 101 class. I would start here... http://www.Mises.org
    I'm awaiting demonstration
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Crenshaw 2024!!!!

    My pronouns are he/him/his

  8. #7
    Quote Originally Posted by Invisible Man View Post
    It sounds like you think that 100% of economists from every school of thought don't understand economics.
    It sounds like you think all schools of economics agree with you.
    That's ridiculous.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  9. #8
    Quote Originally Posted by Matt Collins View Post
    This is demonstrably false. You need an econ 101 class. I would start here... http://www.Mises.org
    It's demonstrably true.

    It's not just the gold standard that explains this, money printing alone would see inflation trickle down to wages with a delay.
    Offshoring and mass immigration are the weapons the ultra rich and boomers (See also Mises types) used against their children and grandchildren to keep wages down and launch wealth inequality into the stratosphere.











































    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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  11. #9
    Quote Originally Posted by TheTexan View Post
    I'm awaiting demonstration
    Still awaiting a logical rebuttal for this demonstration that proves that a tariff can have a positive effect on a local economy.
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Crenshaw 2024!!!!

    My pronouns are he/him/his

  12. #10
    Let’s tax our way to prosperity! That should work, right?
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  13. #11
    Quote Originally Posted by CCTelander View Post
    Let’s tax our way to prosperity! That should work, right?
    An outright trade ban would be more effective, but I'll accept a tax
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Crenshaw 2024!!!!

    My pronouns are he/him/his

  14. #12
    Quote Originally Posted by TheTexan View Post
    An outright trade ban would be more effective, but I'll accept a tax

    Really? Tell me more.
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  15. #13
    Quote Originally Posted by CCTelander View Post
    Really? Tell me more.
    Sure, that seems like an effective use of my time
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Crenshaw 2024!!!!

    My pronouns are he/him/his

  16. #14
    Quote Originally Posted by CCTelander View Post
    Let’s tax our way to prosperity! That should work, right?
    What's the best way to build wealth? getting to work and producing? or living off an allowance from your parents and what you can get from your friends?

    What's the best way to build muscle? hitting the gym and working out? or sitting around in an automated environment where robots or slaves do all the work for you?
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  17. #15
    Quote Originally Posted by Swordsmyth View Post
    What's the best way to build wealth? getting to work and producing? or living off an allowance from your parents and what you can get from your friends?

    What's the best way to build muscle? hitting the gym and working out? or sitting around in an automated environment where robots or slaves do all the work for you?

    You're making my point for me. Thanks.
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  18. #16
    Quote Originally Posted by TheTexan View Post
    Sure, that seems like an effective use of my time

    What? You're the one who responded to me. Seemed like you were eager to tell me all about your ideas to ban and tax our way into liberty and prosperity. Now you've changed your mind? I'm crushed.
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul



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  20. #17
    Quote Originally Posted by CCTelander View Post
    You're making my point for me. Thanks.
    Boy do you have it backwards.
    The free trade argument is literally that it is good to be a welfare queen living off the production of foreign slaves.
    This atrophies your industrial muscles, and when you run out of the capacity to produce anything anyone wants you go bankrupt and can no longer afford to even buy the slave labor products.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  21. #18
    Quote Originally Posted by Swordsmyth View Post
    It's demonstrably true.

    It's not just the gold standard that explains this, money printing alone would see inflation trickle down to wages with a delay.
    Offshoring and mass immigration are the weapons the ultra rich and boomers (See also Mises types) used against their children and grandchildren to keep wages down and launch wealth inequality into the stratosphere.











































    So we're getting higher productivity at lower cost, and you think that's a bad thing.
    There is nothing to fear from globalism, free trade and a single worldwide currency, but a globalism where free trade is competitively subsidized by each nation, a continuous trade war is dictated by the WTO, and the single currency is pure fiat, fear is justified. That type of globalism is destined to collapse into economic despair, inflationism and protectionism and managed by resurgent militant nationalism.
    Ron Paul
    Congressional Record (March 13, 2001)

  22. #19
    Quote Originally Posted by Swordsmyth View Post
    It sounds like you think all schools of economics agree with you.
    That's ridiculous.
    Only on the issue of free trade. That seems to be the one thing they all agree on, and something you think 100% of them are wrong about.
    There is nothing to fear from globalism, free trade and a single worldwide currency, but a globalism where free trade is competitively subsidized by each nation, a continuous trade war is dictated by the WTO, and the single currency is pure fiat, fear is justified. That type of globalism is destined to collapse into economic despair, inflationism and protectionism and managed by resurgent militant nationalism.
    Ron Paul
    Congressional Record (March 13, 2001)

  23. #20
    Quote Originally Posted by Swordsmyth View Post
    Boy do you have it backwards.
    The free trade argument is literally that it is good to be a welfare queen living off the production of foreign slaves.
    This atrophies your industrial muscles, and when you run out of the capacity to produce anything anyone wants you go bankrupt and can no longer afford to even buy the slave labor products.

    Yawn.

    Several hundred years worth of empirical economic data says otherwise.

    But the corporate welfare queens created and suckled by protectionist trade policies are grateful for your propagandistic services. Keep up the good work. Maybe Ian Fletcher will hire you one day.
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  24. #21
    Quote Originally Posted by CCTelander View Post
    Yawn.

    Several hundred years worth of empirical economic data says otherwise.

    But the corporate welfare queens created and suckled by protectionist trade policies are grateful for your propagandistic services. Keep up the good work. Maybe Ian Fletcher will hire you one day.
    Several hundred years of economic data say exactly the opposite of what you claim.

    But the globalist plutocrats who use free trade to reduce all the workers of the world to slave labor and destroy small and medium sized businesses thank you for your devotion to their cult.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  25. #22
    Quote Originally Posted by Invisible Man View Post
    Only on the issue of free trade. That seems to be the one thing they all agree on, and something you think 100% of them are wrong about.
    That's utter nonsense.
    In the first place there are schools of economics that are against it, in the second you are appealing to authority because the facts are against you, and finally economists (especially mainstream economists) have one of the worst track records in the world.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  26. #23
    Quote Originally Posted by Invisible Man View Post
    So we're getting higher productivity at lower cost, and you think that's a bad thing.
    Spoken like a globalist Neo-Feudalist.
    At least you make your position clear that the impoverishment of the middle and working classes, which results in their destruction and extinction through plunging birthrates, is your goal, it would be refreshing it it weren't so disgusting.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  27. #24
    Quote Originally Posted by Swordsmyth View Post
    Spoken like a globalist Neo-Feudalist.
    At least you make your position clear that the impoverishment of the middle and working classes, which results in their destruction and extinction through plunging birthrates, is your goal, it would be refreshing it it weren't so disgusting.
    Higher productivity is the opposite of impoverishment.
    There is nothing to fear from globalism, free trade and a single worldwide currency, but a globalism where free trade is competitively subsidized by each nation, a continuous trade war is dictated by the WTO, and the single currency is pure fiat, fear is justified. That type of globalism is destined to collapse into economic despair, inflationism and protectionism and managed by resurgent militant nationalism.
    Ron Paul
    Congressional Record (March 13, 2001)



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  29. #25
    Quote Originally Posted by Invisible Man View Post
    Higher productivity is the opposite of impoverishment.
    Not when you don't get your share of it.

    You literally can't stop thinking like a .1%er.
    Who is "We"? because those charts clearly show the average man is far poorer than before the mass offshoring and immigration.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  30. #26
    The International class takes all of the profits and the average American gets all the inflation.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  31. #27
    Quote Originally Posted by Swordsmyth View Post
    Several hundred years of economic data say exactly the opposite of what you claim.

    But the globalist plutocrats who use free trade to reduce all the workers of the world to slave labor and destroy small and medium sized businesses thank you for your devotion to their cult.

    No, actually, they don’t. If you’re sincere, you are sadly egregiously mistaken in your economic beliefs.

    If not, well, we’ll just give you the benefit of the doubt and assume you are.

    In any event, except for a few fringe dwellers, this is one point upon which the overwhelming majority of economists agree, regardless of what school they’re from.

    But frankly, it just isn’t worth the time or effort to attempt to counter your relentlessly obdurate economic ignorance. So go ahead and rant. Anyone who isn’t too friggin lazy to actually learn a little about the topic will see it for what it is. Anyone else doesn’t matter.

    I’m done.
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  32. #28
    Quote Originally Posted by Swordsmyth View Post
    Not when you don't get your share of it.
    So get your share of it. That will be a function of what you do to contribute to that productivity. People in America today are getting more stuff in exchange for fewer hours worked than in the past.
    https://www.youtube.com/watch?v=GvvuHREm5jg
    There is nothing to fear from globalism, free trade and a single worldwide currency, but a globalism where free trade is competitively subsidized by each nation, a continuous trade war is dictated by the WTO, and the single currency is pure fiat, fear is justified. That type of globalism is destined to collapse into economic despair, inflationism and protectionism and managed by resurgent militant nationalism.
    Ron Paul
    Congressional Record (March 13, 2001)

  33. #29
    Look what happened to Hong Kong throughout the 20th century. They became incredibly wealthy on this tiny strip of land with no natural resources all because of free markets and relatively unfettered trade.
    There is nothing to fear from globalism, free trade and a single worldwide currency, but a globalism where free trade is competitively subsidized by each nation, a continuous trade war is dictated by the WTO, and the single currency is pure fiat, fear is justified. That type of globalism is destined to collapse into economic despair, inflationism and protectionism and managed by resurgent militant nationalism.
    Ron Paul
    Congressional Record (March 13, 2001)

  34. #30
    Quote Originally Posted by Invisible Man View Post
    So get your share of it. That will be a function of what you do to contribute to that productivity. People in America today are getting more stuff in exchange for fewer hours worked than in the past.
    https://www.youtube.com/watch?v=GvvuHREm5jg
    The charts literally show that American workers increased productivity and didn't get increased compensation for it.
    They also show that they get less for their hours of work than before, I'm sure you can point to garbage like the Fed uses to calculate inflation using underwear and computers that are assumed to be 20 times as valuable because they can perform calculations 20 times as fast (but don't actually benefit you all that much more than older computers aside from games looking prettier), but the fact is that all the necessities of life like housing and anything that would allow you to bootstrap yourself up the economic ladder are further and further out of reach for the average man.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

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