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U.S. to Announce New Tariffs on Chinese Electric Vehicle - Considering rates of 100%
(www.nytimes.com)
this post was submitted on 10 May 2024
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Considering we're deficit spending with every budget cycle, I'd say no we don't have the money. Furthermore, what about all the other brands sold in the US besides the three American ones of GM, Ford, and Tesla?
https://youtu.be/kFhKVCaadzE
"Deficit" spending on the governmental level isn't the same as a family deficit spending.
I didn't say it was. Deficit spending to build a highway that winds up generating a bunch of extra revenue is one thing. Deficit spending to make a singular product cheaper than another country who is doing the same is a losing game.
So is china, and at a higher rate than we are.
What about em?
How do they compete if the US subsidizes US companies and China subsidizes Chinese companies? Have you even thought through your proposal here? It certainly doesn't sound like it. Waving your hand around and thinking money appears out of nowhere seems to be the limit of your analysis.
Why would i care?
Are you imagining money just disappearing once its spent on subsidies? US has been spending hundreds of billions of dollars every year for decades on defense yet somehow we havent run out of money to spend. Learn how countries finance things.
Yes, why bother gaining some understanding of the topic you're speaking about when you can instead remain ignorant and keep flapping your lips with poorly thought-out ideas?
When you spend your paycheck on bills does that money still remain in your account? The money doesn't disappear but the person or government who originally had it, no longer has it. Are you proposing the government just start printing money to give hundreds of billions in subsidies to the auto industry? That surely won't have any negative effects, right?
And yet the next month i still have money to spend on bills, no money printer required.
Great, that means you have unlimited funds to spend on new things, right? In fact, why are you even complaining about the cost of a new car? You can easily afford to buy a whole fleet since you'll just get paid again in a month.
we've somehow strawmanned our way to claiming China is spending infinite money on subsidies.