That’s not the point Peter. The point is that tariffs incentivize domestic production. So a Tariff is the cost of the incentive necessary to repatriate an industry. And it’s rational because any POSSIBLE domestic production that was offshored was a game of labor arbitrage that lowered wages – thus privatizing the public commons: which is of course, theft.
Source date (UTC): 2025-06-28 19:56:07 UTC
Original post: https://twitter.com/i/web/status/1939050195570073665
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