Ronald Reagan on tariffs and free trade:
The Orange Sundowner went full mental, claiming that "Canada cheated on an ad". I don't know how one cheats with an advertisement, but maybe we should defer to him on what is chating because he's been so good at it all of his life.
All Of That?! Baguette About It!
1 hour ago
4 comments:
A rational take on tariffs... Enrages Trump since he's afraid he's going to lose that SC case. Saddest part was listening to a Republican President, (not-my-favorite kind) who could speak complete sentences and understand what he's saying. Yes, he's reading from a script, but it was for radio.
Yes his view were valuable to enrage felon47. He also introduce trickle-down economcs which in a word..didn't. His speeches didn't make for brain pain
or everyone asking what did his say.
Eck!
Managing tariffs be complicated. Still has this smell
https://www.youtube.com/watch?v=kaJ2jni3D4I
Do not forget this was the 1980s, the computer industry and a
few others were under stress to make better quality as well as
price competitive. I could say the same for motorcycles.
Reagan speech was only very slightly out of context. At the time
some Japanese companies were able to make 16K and later
64K Dram memory chips cheaper and their pricing reflected that.
Intel lead the charge they were dumping to capture the market.
What was happening is that Intel and Motorola and others didn't
have the foundry capability nor a solid process so shortages were
existent and pricing was predatory. That being if you want memory
you buy our other parts often at premium prices. Problem was not
all computer builders needed or wanted Intel or Motorola cpus. So
claims of dumping were applied to specific products they could not
make enough of to drive prices down as the market at a whole
demaded. In the end there were tariffs and taxes but it was smaller
very focused and would eventually disappear. Even then it put some
American companies at risk due to tariffs. Some like Intel and
Motorola got out of a business or failed in the business they never
were able to compete effectively in due to low production yield,
quality issues, and high costs.
Reagan was right on that one but the context was American industry
making claims while floundering. All this is about the side effect of
actually being there and dependant on the impacts of all that.
Or as the kids say, BTDT have the full wardrobe. To maga, stop trying
to blow smoke up my ass. Maga is cheating by making claims not
in evidence, yet again.
Eck!
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