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by smileysteve 1429 days ago
> This is where targeted fiscal policy would be most beneficial

Something Congress should consider instead of tariffs on imported goods (steal, aluminum, wood) that have failed miserably (actually increased trade deficit) is applying these taxes on virgin material. Promoting recycling rusting steel, scrap aluminum, plastic and fiberglass composite wood and concrete could bring back domestic production and clear our backyards, while being greener than China making raw material and shipping it.

1 comments

> Promoting recycling rusting steel

I was under the impression that China had soaked up most of the recyclable steel and part of the reason why things like coke plants near Pittsburgh were reopening was because we were now back to primary steelmaking.