Monday, January 7, 2013

increase import tariff to payoff the medicare?


   I don’t think it is a long-term efficient plan to higher import tariff pay for medicare and get the U.S. out of debt. Because when America increases certain products import tariff, the selling price of product will increase and even though it maybe will bring some profit for the local producer of that certain products, it is not good for customers. Customers need to pay more to buy what they used to get. Also it will affect the trading relationship between two countries, because if America increases some countries’ import tariff for a long time, they will increase their import tariff that direct against to American’s products.
   On the other hand, America could slightly increase the import tariff for some certain products of certain countries, but it shouldn’t be last so long. Increasing the import tariff it will accelerate customers to buy the local producers’ products and improve the local economy to payoff the debt. For Medicare problem, American government should come out some active policies, for example they need to improve the management of the health insurance program for the elderly and disabled people. In addition, the government may try to talk to the drug makers or some healthcare providers to reduce the expense of Medicare.

No comments:

Post a Comment