In the discussion about tariffs and Mexico, I am only seeing remittances being talked about in the comments sections.
Taxing remittances at some insane amount, like 90%, removes a gigantic incentive for illegal aliens to be here in the first place.
It's also around $65 billion a year removed from the US economy and injected into Mexico's.
Mexico stands to lose far more than we will in a protracted trade war; especially if we figure out that despite the price of goods here going up from the tariffs, so do wages and wages earned here get spent here and that spreads out to other parts of the economy.
The current system of cartelization does get cheap goods, at the cost of domestic jobs and stagnant wages. Goods NEED to get cheaper in this paradigm because wages are, defacto, falling as inflation eats them before they're even earned.
If were to two-prong our attack on fixing the economy we'd talk about how the NLRB is unconstitutional too. Breaking the unions would go a long way towards making manufacturing affordable again.
No comments:
Post a Comment
You are a guest here when you comment. This is my soapbox, not yours. Be polite. Inappropriate comments will be deleted without mention. Amnesty period is expired.
Do not go off on a tangent, stay with the topic of the post. If I can't tell what your point is in the first couple of sentences I'm flushing it.
If you're trying to comment anonymously: You can't. Log into your Google account.
If you can't comprehend this, don't comment; because I'm going to moderate and mock you for wasting your time.