I mean it’s fact. The same reason you guys don’t want to raise minimum wages because it will raise the price of goods also applies here. That increase gets passed to the consumer.
People can buy goods made in America right now if they want to. They choose not to due to costs.
"Tariffs are a tax on consumers, and I'm not a fan of jacking up taxes on American consumers, so my hope is these tariffs are short-lived, and they serve as leverage to lower tariffs across the globe," Cruz told Fox Business host Larry Kudlow.
For all the Republican "Gentlemen": Heidi Cruz's looks are fair game again.
“What means something is if you look at trade deficits in proportion to prosperity, the higher the trade deficits, the more prosperity. The lower the trade deficits, the less prosperity. We get a reduction in trade deficits when we go into a recession. We get an expansion of trade deficits when we’re in a boom. So really nothing about a trade deficit gives any real useful instruction to the economy.”
We've got large trade surpluses in services. I'm gonna guess you don't wish you lived in China or Vietnam just because we are in deficit with them when it comes to Walmart T-shirts.
You could reconcile reciprocal tariffs with Adam Smith’s work, I would think. But you’re not operating under the delusion that Daddy’s tariffs are actually reciprocal I hope.
Comments
Trump should've run 30 years ago.
Perot tried but he wasn't tough enough
Had a small Chinese vendor cave and eat it most of it also.
Well they hate America and Americans so.
I mean it’s fact. The same reason you guys don’t want to raise minimum wages because it will raise the price of goods also applies here. That increase gets passed to the consumer.
People can buy goods made in America right now if they want to. They choose not to due to costs.
"Tariffs are a tax on consumers, and I'm not a fan of jacking up taxes on American consumers, so my hope is these tariffs are short-lived, and they serve as leverage to lower tariffs across the globe," Cruz told Fox Business host Larry Kudlow.
For all the Republican "Gentlemen": Heidi Cruz's looks are fair game again.
Sounds bad. I better stop making good deals.
Raising the minimum wage makes people lose their job
Next
Oh well let's elect Larry Cudlow then
“What means something is if you look at trade deficits in proportion to prosperity, the higher the trade deficits, the more prosperity. The lower the trade deficits, the less prosperity. We get a reduction in trade deficits when we go into a recession. We get an expansion of trade deficits when we’re in a boom. So really nothing about a trade deficit gives any real useful instruction to the economy.”
You know, when Rand is right, he's right.
So we should just run up larger and larger trade deficits every year and that guarantees boom times.
Ok.
We've got large trade surpluses in services. I'm gonna guess you don't wish you lived in China or Vietnam just because we are in deficit with them when it comes to Walmart T-shirts.
Comparative advantage? Adam Smith? Ring any bells?
Explain why reciprocal tariffs are contrary to Adam Smith’s free market writings
Renowned economist H is back in ECON 101 with his basic-level knowledge of Adam Smith’s beliefs.
You could reconcile reciprocal tariffs with Adam Smith’s work, I would think. But you’re not operating under the delusion that Daddy’s tariffs are actually reciprocal I hope.
When Daddy pretends he won something and stops this nonsense the stock market will rally?
No shit!