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Old 01-08-10, 01:48 AM   #1
 
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Default My way of fixing the US economy

Well as some of you may know people are blaming the immigration problem and a poor economy for taking away jobs when yet their is another rodent to blame, that being foreign outsourcing. Foreign outsourcing is simply sending jobs overseas for companies to save money. Now how do we fix this??? Well raise port/turf fees up to 99% (believe it or not the whole federal government used to be ran on it before it was lowered, raising the people's taxes) along with that setting some standards for imported products, even a scale would do (1-5, one being the worst and 5 being top of the line) and have it labeled on the outside of the box.

Tell me what you guys think.
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Old 01-08-10, 09:05 PM   #2
 
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Default Re: My way of fixing the US economy

I don't think 99% is good, but your idea is notable.
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Old 02-08-10, 11:24 AM   #3
 
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Default Re: My way of fixing the US economy

So you just put a huge tax on import of anything?

If you do that other countries will do the same against US and you'll just shut down all import/export.
Wich means you lose jobs and can't buy foreign goods anymore.
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Old 02-08-10, 11:35 AM   #4
 
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Default Re: My way of fixing the US economy

Quote:
Originally Posted by July View Post
So you just put a huge tax on import of anything?

If you do that other countries will do the same against US and you'll just shut down all import/export.
Wich means you lose jobs and can't buy foreign goods anymore.
Well, everything that is imported already has a tariff tax, I think that he just means to raise it, 99% is too much though.
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Old 02-08-10, 01:59 PM   #5
 
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Default Re: My way of fixing the US economy

High tax might mean less import but it would force the foreign companies to have to make their stuff higher quality. Some places would just have to move the businesses back to the US giving us more jobs.
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Old 03-08-10, 04:31 AM   #6
 
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Default Re: My way of fixing the US economy

But it wouldn't be worth it.

Lots of goods would get reaaaaaaally expensive.
You don't get imported goods anymore.
American companies can't export anymore.

Globalisation is actually good, you know.
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Old 03-08-10, 06:29 AM   #7
 
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Default Re: My way of fixing the US economy

This is a serious question..... Why don't they just print more money? o.O

I am into politics, but I always wanted to know what exactly is stopping them from doing the above lol. As for your idea, its pretty good to tell the truth however you need to remember the balance effect. If you raise taxes somewhere, no matter where it will make another group suffer. For example, in the UK we will be raising VAT up to 20%, currently it is 17.5% so either company's will loose money by keeping the prices the same price and loose 2.5% on revenue. Or the customer will have to pay 2.5% more because of the VAT increase.




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Old 03-08-10, 12:09 PM   #8
 
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Default Re: My way of fixing the US economy

YES, lets just print more money. That's a great idea!
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Old 07-08-10, 04:55 PM   #9
 
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Default Re: My way of fixing the US economy

Two words: Mercantilism [en.wikipedia.org]and inflation [en.wikipedia.org].

But the two short answers are:

You don't want to raise the import taxes, because the countries you want to export to will do the same. Also, the fact that a lot of consumer products are made where labor is extremely cheap (read: workers are exploited) allows us all to buy a lot of products at what we consider reasonable prices. For example, I doubt if you could afford the computer you're using right now, had it been made in a developed country end-to-end. Not to mention your cellular phone.

You don't want to print more money, because the value of the overall money in the circulation doesn't change anyhow. So by printing more money, you just make the money worth less (prices go up). The only party who wins from printing money is the government, which effectively make the money you have in your hands less worthy. Which is some kind of tax on money. Pretty quickly, that currency becomes unpopular, and people start using foreign currency instead. And then hell breaks lose.
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Old 10-08-10, 09:56 AM   #10
 
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Default Re: My way of fixing the US economy

Stopping outsourcing!??! Raising protectionist taxes!??!?!
Ridiculous. This is some big government propaganda socialist bull sheeeet.

But, seriously dude, putting tariffs at 99% (rather arbitrary value..) would basically end the depression because the US economy sort of wouldn't exist anymore....
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