The free market at work ladies and gentleman!

5 comments

1. Invisiblehand-heads tryna to make sense of this rn:

   

   Anyway I guess this is one way to goose Tesla stock?

2. “Free markets”, something that has never really existed in the US, is just an empty slogan that conservatives trot out when they object to government support of anything that Republicans don’t like. Of course a century of taxpayer subsidies to big oil never bothered them.

   Thankfully for US workers and the middle class Biden’s policies seek to reverse the mass offshoring of US manufacturing jobs to low income Asian countries. Protecting the domestic auto industry as it begins its years-long transition to electric vehicles is an example of smart governance. China has been nurturing its own industry with lavish government support for more than a decade. Give the US industry time to establish a foothold and it will be able to compete on its own.

   Thanks Biden!

   Oh, and fyi to the MAGA crowd – Trump has also proposed 100% tariffs on Chinese EVs. Not that the moron really understands how tariffs work, but it’s hard to attack Biden for something their own cult leader endorsed. Of course he may now reverse his position just to spite Biden.

3. Everyone here bitching about this understands that China completely 100% subsides their auto industry, right? This isn’t an issue about free trade. It’s an issue about keeping things competitive and one way of doing that is tariffs.

4. I didn’t vote for Biden, but I’m all for policies that keep Americans buying American products. 

5. i mean its not like china does the same, 100% ban on us social media companies and so on