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by mjewkes
450 days ago
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Sure, they can build it here—but protectionism doesn’t deliver long-term success. In the short term, it drives up prices and makes consumers poorer.
In the long run, tariffs shield companies from global competition and limit their ability to scale. Without that pressure or opportunity, businesses grow weaker—not stronger. That weakens U.S. industry, not strengthens it. |
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Is that Wharton business buzz-speak? Did the millons of jobs lost when manufacturing was moved overseas "deliver long-term success" ?
Driving up prices is ok sometimes. It makes sense when the value of the dollar is diluted thanks to inflation. People cannot afford to live anywhere, and judging by the replies, everyone here is fine with that.