Cool...
How so?
Cool...
Hard to tell if this was due to the Trade War or the Tax Cuts...Speaker to Animals wrote: ↑Wed Jan 09, 2019 1:29 pmJobs returning.
Not hard to tell at all.DrYouth wrote: ↑Wed Jan 09, 2019 1:44 pmHard to tell if this was due to the Trade War or the Tax Cuts...
I'm thinking the tax cuts helped more.... but I haven't heard definitively.
1. China uses its capital in an inefficient way.
2. Monetary expansion to fund an industry causes overall higher prices and malinvestment.
3. China's overall economy will be less developed, weakening the impact of subsidies to targeted industries.
4. American products get cheaper and gain market share.
5. American industries benefit from the general expansion of all levels of production.
6. Chinese subsidies actually become subsidies to Americans' standard of living.