Yeah, it really is weird, there is nothing wrong with demand increasing and everyone starting to build housing, however there is something very wrong about making it harder to build houses than absolutely necessary.
Those tariffs made sense in 2018 but they don't make sense in 2021. Everyone considers USA an export destination where every country dumps their products, that means some degree of unemployment is unavoidable because these countries run trade surpluses on purpose and they won't stop them. Right now unemployment is on a heavy downward trend, which means there is no need for protectionism anymore.
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Yeah, it really is weird, there is nothing wrong with demand increasing and everyone starting to build housing, however there is something very wrong about making it harder to build houses than absolutely necessary.
Those tariffs made sense in 2018 but they don't make sense in 2021. Everyone considers USA an export destination where every country dumps their products, that means some degree of unemployment is unavoidable because these countries run trade surpluses on purpose and they won't stop them. Right now unemployment is on a heavy downward trend, which means there is no need for protectionism anymore.