>>14299288Yes, we should stop buying goods from countries that produce them for less than we can, while selling them goods that we can produce for less than they can. You are very intelligent.
>>14299289>I don't understand opportunity costIt's entirely possible and in fact, extremely common for an economy to have absolute advantage but not have comparative advantage. It's not "ineffable", you're simply retarded.
>>14299291>everything that starts at the bottom and isn't in your control is a point of vulnerability.I agree, America should at all times be capable of supplying their own essential goods, you are the very first person to think of this. Oh wait, our steel industry is heavily protected with tariffs and subsidies because everyone knows this already.
>>14299294America is overreliant on Chinese industry, steel is not the reason why.
>>14299295>What do you think the meta-lesson to take from that is?True, no company has ever tried vertical integration before, this is a very suprising entirely new piece of information to me. You are meta-retarded.
