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catigulatoday at 3:30 AM6 repliesview on HN

Why would we let China pump and dump our economy with cheap goods? We already tried that and it didn’t work.


Replies

mullingitovertoday at 3:36 AM

Our cheap exports: competitive, free markets maximizing efficiency and delivering value to consumers

Their cheap exports: sinister pump and dump

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onion2ktoday at 4:06 AM

The alternative to Chinese goods is not locally made goods for the majority of people. It's either Chinese goods that we pretend are locally made, or it's nothing because they can't afford the local stuff.

Cheap good for decades has meant companies have been able to depress wages to the point no one can really live without them. Removing the cheap goods without also giving up massive corporate profits would just mean most people collapse into poverty.

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wmftoday at 4:52 AM

They're banning Polestar cars that are designed in Sweden (I guess) and made in the US... because the car's Google firmware is Chinese-owned. This case isn't about saving jobs (that's what tariffs are for); it's a misguided attempt at privacy regulation.

brooksttoday at 4:03 AM

Might want to google “pump and dump”. Serious non-sequitur here.

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lostlogintoday at 3:51 AM

You're going to be able to compare this new way with the old way. Careful what you wish for.

mslttoday at 4:09 AM

We can’t even make expensive versions of those goods