I have zero sympathy for anyone complaining about tariffs. All I hear from them was condescension, any time I talked about the epic tragedy that was globalization and offshoring. Never heard them complain about deficits or the debt. Never heard them complain about the 20tril in stimulus that has floated the markets since 2008. FInk and company as far as I am concerned, can go swimming with lead weights, if they try to hold on to their ill gotten gains.
The unfortunate reality is that we are at war with China, but it hasnt gone hot yet. They only way can win is if we destroy their industrial base while we build ours. This is the true, mostly hideen essence of Liberation Day. But Peter Navarro has actually spoken a lot about it.
I personally think that's ridiculous but then I'm not Peter Navarro. We don't need to destroy China to build better products than they do. They can continue to build mostly garbage and we can stake out territory similar to what Germany did but even better by building high quality, high value products that people want and will pay for. American ingenuity is unparalleled. German cars, for example, are notorious for their electrical problems. In the US when we were great, we built high quality yet simple manufactures that lasted. We can do that again.
People are currently buying $5k stoves from high-end brands that are made in China and start to have problems in a few months due to cheap steel etc. I haven't been able to keep a basic toaster for decades because every new one I buy either tries to burn my house down or just stops working in a week. I wish I was kidding. I'm looking at a British firm with toasters that cost $200 because they actually work and have modular replacement parts. That's what we should be building here.
There's no reason we can't eat China's lunch by just producing quality. Let China sell to the third world shitholes for tiny markups. We'll have all the high value-added stuff.
I have zero sympathy for anyone complaining about tariffs. All I hear from them was condescension, any time I talked about the epic tragedy that was globalization and offshoring. Never heard them complain about deficits or the debt. Never heard them complain about the 20tril in stimulus that has floated the markets since 2008. FInk and company as far as I am concerned, can go swimming with lead weights, if they try to hold on to their ill gotten gains.
Outstanding article. Thank you. 🙏
Thank you very much.
Excellent article. You can articulate so well what I fail to explain to others
Thank you!
The unfortunate reality is that we are at war with China, but it hasnt gone hot yet. They only way can win is if we destroy their industrial base while we build ours. This is the true, mostly hideen essence of Liberation Day. But Peter Navarro has actually spoken a lot about it.
I personally think that's ridiculous but then I'm not Peter Navarro. We don't need to destroy China to build better products than they do. They can continue to build mostly garbage and we can stake out territory similar to what Germany did but even better by building high quality, high value products that people want and will pay for. American ingenuity is unparalleled. German cars, for example, are notorious for their electrical problems. In the US when we were great, we built high quality yet simple manufactures that lasted. We can do that again.
People are currently buying $5k stoves from high-end brands that are made in China and start to have problems in a few months due to cheap steel etc. I haven't been able to keep a basic toaster for decades because every new one I buy either tries to burn my house down or just stops working in a week. I wish I was kidding. I'm looking at a British firm with toasters that cost $200 because they actually work and have modular replacement parts. That's what we should be building here.
There's no reason we can't eat China's lunch by just producing quality. Let China sell to the third world shitholes for tiny markups. We'll have all the high value-added stuff.