this post was submitted on 13 May 2024
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[–] [email protected] -5 points 4 months ago* (last edited 4 months ago) (5 children)

Oh yeah, because there's still cars made in America where the workers get decent wages and working conditions ..

Like, I'm sure they don't in China either.

But what's the difference between a Chinese oligarch who doesn't pay American taxes and an American oligarch who doesn't pay American taxes?

I'm sure there's a couple besides if someone's wealth changes GDP, but are there any that make up for all Americans getting access to affordable EVs?

This move is terrible for the average American, so some different billionaires will make more money then they can spend.

Even if you want to make the case it helps auto workers (it really doesn't) they make up a little over 1% of Americans.

Biden is hurting 100 Americans to "help" 1, because even that US autoworker could buy the affordable EV if they were sold here

Hell, isn't capitalism supposed to be built on the free market? If these billion dollar corporations can only exist if we ban their competition, shouldn't capitalists be screaming to let them burn?

[–] [email protected] 21 points 4 months ago (1 children)

German industry is/was in shambles as they allowed an unreliable trade partner, Russia, to completely take over a segment in the German economy (oil & gas). When that unreliable trade partner pulled the rug in 2022, suddenly Germany is paying out the ass for LNG, reducing factory output, even on-lining coal plants to keep the lights on.

It is simply a bad idea to allow an unreliable trade partner to take over a segment in your economy.

[–] [email protected] 4 points 4 months ago

In a completely capitalist market, American manufacturers would be paying Americans less money to make the cars, and if they couldn't find people, they'd move the manufacturing out of the country. Why would they keep a factory here in the US if they could pay Mexicans to build them and ship them to the US with no tariffs (fucked up lobbying and a lousy government has sort of made this example happen, actually)? US auto worker are paid around $18 to $35 an hour. Chinese auto workers average (converted to US currency) $2 to $3.50 an hour.

So you tell me. Do you really want to go pure capitalism, no holds barred, and try to compete with a country paying their people $3 an hour without moving your own manufacturing out of the US? Do you know how many jobs in the US exist only because there's tariffs in place? Do you know that just like Honda, Toyota and other foreign car manufacturers have done, China can avoid most of the tariffs by building their vehicles in the US, instead of shipping all of them in? Getting rid of tariffs would lower the wages of nearly every job you could get in the US. When millions of jobs leave the US, it makes it real easy for a capitalist to start paying less to desperate people, and start thinking that what you're being currently paid is too much.

[–] [email protected] 3 points 4 months ago

It's a free market.

And they are taking it.

[–] [email protected] 1 points 4 months ago (1 children)

The difference is that Chinese business is beholden to, and directly finances, the Chinese government. The US is currently trying to divert direct funding away from their enterprises for this reason.

[–] [email protected] 1 points 4 months ago (1 children)

Chinese businesses pay taxes?! Say it aint so!

[–] [email protected] 1 points 4 months ago

The taxes are far more substantial, and in turn, as are their industry dictating subsidies. There is no limit to the influence or oversight of the private sector by the Chinese government, allowing them to implement data collection system mandates.

China also follows the principle of territoriality in IP protection, meaning they do not respect the IP of nations outside of the nation in which it was created. It’s the fundamental reason why there are thousands of cheaply made knock offs of most products.

[–] [email protected] 0 points 4 months ago

Free for me to take, so open your doors or I bring a warship. Not free for you to take, so don't even think of entering competition with me or I'll call you names and ban you.