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355 points pavel_lishin | 1 comments | | HN request time: 0.199s | source
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isthispermanent ◴[] No.45388969[source]
So the authors basic argument is to offshore bus production. As if that doesn’t carry any negative side effects.

This is exactly what the majority of Americans voted against and exactly why the left can’t find its footing. Everyone is now fully aware that offshoring for a cheap sticker price comes with higher, harder to price costs elsewhere.

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1. scythe ◴[] No.45389382[source]
There's more than one way to accomplish the goals of protectionists, and the different options are usually not created equal. Some economic policies have worse side effects than others to accomplish similar tasks.

In this case, I think that placing a tax on imports (tariff) is always preferable to an inflexible ban on imports. This is not an unusual approach in economics; it is in fact very common that economists recommend replacing bans with taxes. In fact, even the current administration, which is radical by modern standards, basically always prefers tariffs to bans.