Reply to Inflation Reduction Act of 2022

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Whopper tax increase that will drive companies offshore.

Big fat loser for America.

[/quote]

15% oh boohoo. Maybe these companies will stop these outrageous hiring salaries.[/quote]

Companies aren’t going to offshore! They’re in the process of reshoring right now. Globalism is over. [/quote]

This statement is true. Seeing a good amount of manufacturing activity in my trade. China is going to be the biggest loser when Globalism is reduced. [/quote]
Actually smaller developing countries will be hurt.China will be fine.[/quote]

China has a lot of problems, which gets dismissed here. China will be hurt. Additionally, they passed peak population a couple of years ago. They’ve had endless Covid lockdowns. Everyone is lying to Xi Jinping, so he isn’t getting decent info. Globalism is ending and regional powers/trade is the future. One of the very few good things Trump did was renegotiate NAFTA. Globalism is dead and things are not looking good for China. [/quote]

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