Tariffs Worked “Spectacularly Well”
Comments
-
Keep hope alive
-
Perhaps. Or he is indirectly talking about elasticity. Regardless, the goal posts have been moving from consumers pay 100% of tariffs to something less than 100%.
-
It's almost as if pass through is a multivariable equation and not a simple 1 to 1 correlation.
Man, I wonder who could have called that.
-
Academic studies missed that one I guess. Boots on the ground did not. Oh well, time for them to triple down.
-
The appeal to authority fallacy, also known as argumentum ad verecundiam, is a logical fallacy where someone claims that something is true simply because an authority figure said it, regardless of whether that authority is relevant to the topic or if there's any evidence to support the claim. Essentially, it's treating an expert's opinion as conclusive proof, even if it's not relevant or if there's reason to doubt the expert's claims.
-
The same people complaining about corporate greed are complaining about shrinking margins due to tariffs. Can't make this up
-
They want a fair living wage and millions of illegals to exploit too depressing wages
-
SpazzyBuck claims to work for one of the biggest abusers of what his side considers “greed,” which is one of many reasons it’s obvious he doesn’t work at Amazon. He picked a bad job for his initial lie to play the ideological Leftist role. The internal conflict to be a Level 6 would be miserable for that small a salary.
Bring back Swoop!
-
The appeal to authority usually seems to happen when somebody famous who is an authority on some subject, says something about another subject he's not an authority in, but people assume he's just a general authority. Like, Kissinger wrote a book about AI, but he is a politician.
-
Not in this case.
-
Congrats, that is one form of the fallacy.
Another is treating the opinion of an authority as a fact.
Doubly so in fields such as the dismal science.
All scientific opinions should be defensible to criticism through reason regardless of the source of criticism.
I.e. they should be able to stand on their own merits rather than someone's credentials.
Hth.
-
lololol
-
Climate science is a hard truth, one that we aren’t close to understanding as evidenced by the predicted outcomes of the 97% not even close to coming true. But the entire formula is 100% out there to understand one day.Economics is the complete opposite. It’s about the softest thing imaginable. Chock full of psychology, emotion and other non-hard truths. There is no hard formula for it and never will be. It’s why discounting phd’s academic papers in this field is like the easiest thing ever to do.
-
Well, you are just saying that because you can't find any papers supporting your views. You don't have the numbers. The paper I cited presented a by-the-numbers review.
-
My econ education says that all parties will share the tariff burden to varying degrees depending on many other factors. Apparently the TugCon "winning" argument is that consumers won't bear the entire burden. This argument apparently holds that it's a win if, for example, Ford and GM shareholders also get hurt.
-
But idiot president is not playing by any set of usual rules. He likes to do a 50% tariff just 'cuz.
-
Econ does say that. Some will try to pass 100%, it won’t go well for them. My argument all along has been that where there is competition and substitutes, and non urgent decision timelines, your cost of inventory is pretty irrelevant to consumer prices. Most business will cut admin and marketing before they raise consumer prices. In the end this will all be pretty immaterial to aggregate prices because of that.
Bringing in 10m+ illegals who largely don’t work and just consume with printed is far more inflationary than tariffs. Things like food and rent. Even though AOG can find a million academic papers that say immigration is deflationary.
-
Immigration is deflationary if you just look at wage levels. Which is why the US Chamber of Commerce is for massive illegal and legal immigration. Wages are depressed but the true costs of immigration are off loaded to the US taxpayers whose wages are depressed. Paying for health care, education, clothing, housing, food and imprisonment are all inflationary. There is a huge net cost for importing poorly educated non-english speaking foreigners.
-
Youve never met a tax you didn't want raised
This isn't a tax and it helps Americans
Of course you're opposed
-
The dazzler doesn't even try to hide his America Last views and his last stage TDS affliction.
-
In H’s defense he has been more sober on tariff impacts than others.
-
Husky business administration > Geoduck physical education
Sit this one out, Race.
-
Gasbag so yearns for serious discussions.
obviously
-
I'm having too much fun using my high school education to run circles around you
-
-
Reminds me of when you were lying about being the QB at your high school, as if anybody gave a shit.
Good times on The Shed. Please like me, gals!
-
"you're lying!!!
but i didn't care anyway"
See your therapist, Chrissey
-
Undocumented immigrants are more likely to be employed than the population as a whole. There are jobs that basically no American fills in this economy, and those are jobs that no American with alternatives would choose to fill.
-
In the old paradigm of my father’s slow drip illegal immigration to pick the fields I would agree. Which is what all of AOG’s academic papers are looking at to justify it. We all know that Biden’s mass illegals weren’t what those papers were analyzing and applying the learnings from those to Biden’s version is not even close to being honest. Biden’s mass illegals due to the scale and speed of increased demand for consumption of goods and services (funded by govt printed money) far outpaced their contributions to supply. This was part of Biden’s inflation problem. You know I’m right.
-
Slave wages and unsafe/undocumented working conditions are for the illegal “others” in the world of H and Kelly Osborne. They’re not going to do those jobs as it’s beneath them and their whiteness. Why pay them anything at all and just give them housing and food?
What a pair of out of touch bigots.
