The Biden administration is poised to unveil new tariffs on imported Chinese electric vehicles, creating a potential roadblock for Chinese automakers wanting to expand into the American market.
I think most people will choose what they can actually afford. The fact that things cost so much and people aren’t being paid anywhere near enough to compensate for the skyrocketing price of consumer goods, including vehicles.
Whatever the reasons, there is a very serious and dangerous disconnect between the prices of American goods and the spending power of the average American. Unless we do something about that - and I do not mean short-sighted, punitive, protectionist measures like tariffs - China is going to drink our milkshake.
Maybe the problem is our lifestyles. I’m unaware of any long term studies suggesting that in a situation in which the population increases and the resources and land are fixed, that it gets cheaper for anyone wanting anything.
I think most people will choose what they can actually afford. The fact that things cost so much and people aren’t being paid anywhere near enough to compensate for the skyrocketing price of consumer goods, including vehicles.
Whatever the reasons, there is a very serious and dangerous disconnect between the prices of American goods and the spending power of the average American. Unless we do something about that - and I do not mean short-sighted, punitive, protectionist measures like tariffs - China is going to drink our milkshake.
Maybe the problem is our lifestyles. I’m unaware of any long term studies suggesting that in a situation in which the population increases and the resources and land are fixed, that it gets cheaper for anyone wanting anything.
Have you read Ishmael?