Tariffs Worked “Spectacularly Well”
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In a World where there are products still made in America, one can avoid tariffs. That’s one of the main goals of tariffs. To increase manufacturing state side and bringing more family wage jobs here.
I know you hate that.
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Trust the experts
None of which have ever had to sign a payroll check. -
I am certain that if Biden had instituted 15% tariffs/tax/fee/levy (call it whatever) everyone here would have the completely opposite opinion just as my cartoon shows. If somebody wants to present evidence that a 15% tariff will not increase U.S. inflation then let's see it.
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Biden kept all the Chinese tariffs that had been in place for several years. He was getting slammed for inflation that only surfaced when he took over. Under your logic, he could have released the tariffs and brought prices down.
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@PurpleThrobber Or an inventory check.
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AOG makes bucky look like Milton Friedman
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Just until AOG goes down the rabbit hole of Friedman’s free market floating currency solution to counter cheap labor and govt subsidization from overseas imports.
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Since you like Ai so much
"Complexity of Pass-Through: The extent to which tariffs are passed on to consumers is a complex economic issue influenced by factors such as market competition, product demand elasticity, and the ability of businesses to absorb costs or find alternative sourcing."
We've explained this several times. Lmk if you'd like me to again.
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Here’s the liberal mindset:
“I’m fine with more taxes because I work at a tattoo and piercing shop, making 60k a year. I rent an apartment and ride my bike to work so the gas and property taxes for my cherished bike lanes and homeless services don’t affect me AT ALL.
But tariffs on the Chinese crap I buy for cheap off Amazon? You fucking monsters.”
the end.
