are tariffs a good idea?

bigmig19 wrote:

Economics wrote:

Not an expert on this but I have read some arguments against them that seem to make sense.

People younger than fifty don't understand that none of us used to live this high of a standard of living back in the sixties and seventies. Getting on a plane was a huge luxury. A nice tv was high falutant! Getting everything cheaper is in part due to having things manufactured in places that can pay people nothing. Cheap Chinese junk eg. A tariff is a way of equalizing the playing field....which means you eliminate the cheap part, and just have junk. It's what we signed up for in a global economy. Tariff don't work unless we are making all the same stuff here. Tariffs would work in 1950.

it\'s beginning wrote:

Went for my weekend combo burger deal. $8.99 forever, was $13.99 today.

Come on dummy wrote:

Pepe Vitale wrote:

I'd gladly pay a little bit more to protect working class jobs.

Wait I voted for trump because he told us groceries were too high and he’d make them lower. Now you are telling us even higher is ok. I am working class so cool you are “protecting my job” but no good if I cannot pay my bills and feed my family

Harambe wrote:

Pepe Vitale wrote:

I'd gladly pay a little bit more to protect working class jobs. Slightly cheaper crap at Walmart doesn't compensate for people losing jobs and getting addicted to meth or working for minimum wage at a casino that took its place. It's also a national security issue when we can't build anything anymore. So tariffs = good.

No you won’t. The previous round on inflation was from pandemic stimulus restructured the labor market of the bottom quartile significantly. It was hugely positive for poorer worker and people like you had a conniption fit.

We’ve already had inflation to protect lower class jobs and Trumpers blood pressure is still through the roof. At least the beauty of revealed preferences will show what you all really think if/when the serious tariffs hit.

Harambe wrote:

I am interested to hear how you think Trump will decrease prices as he promised.

kibitzer wrote:

Harambe wrote:

I am interested to hear how you think Trump will decrease prices as he promised.

Trump doesn't have to do anything: Inflation, and some prices, are decreasing as we get farther away from the Covid epidemic and its long-term consequences. If Trump et al. just basically maintain the economic status quo, the situation will continue to ameliorate.

Does anyone seriously think a Trump administration will continue with Bidenomics, though?

kibitzer wrote:

LetsRunSpecial wrote:

. . . 50 cents to deport all the DEI to Puerto Rico.

How do you "deport" people by moving them from one part of the USA to another?

LetsRunSpecial wrote:

kibitzer wrote:

How do you "deport" people by moving them from one part of the USA to another?

Pay people 500 dollars for a one way ticket to Puerto Rico, and charge 1000 dollars for a one way ticket from Puerto Rico to mainland USA.

Come on dummy wrote:

Pepe Vitale wrote:

I'd gladly pay a little bit more to protect working class jobs.

Wait I voted for trump because he told us groceries were too high and he’d make them lower. Now you are telling us even higher is ok. I am working class so cool you are “protecting my job” but no good if I cannot pay my bills and feed my family

kibitzer wrote:

LetsRunSpecial wrote:

Pay people 500 dollars for a one way ticket to Puerto Rico, and charge 1000 dollars for a one way ticket from Puerto Rico to mainland USA.

That's still not a deportation, which involves transporting someone to a foreign country...

Pepe Vitale wrote:

Come on dummy wrote:

Wait I voted for trump because he told us groceries were too high and he’d make them lower. Now you are telling us even higher is ok. I am working class so cool you are “protecting my job” but no good if I cannot pay my bills and feed my family

We grow almost all of our own food here in the USA. Tariffs are for international imports.

present, mba wrote:

Pepe Vitale wrote:

We grow almost all of our own food here in the USA. Tariffs are for international imports.

"Your grocery bill might increase as food producers deal with higher costs and retaliatory tariffs affecting U.S. agricultural exports. Price increases between 5-15% could hit various food products at your local store.
"Packaging costs rise when manufacturers pay more for materials like aluminum cans and steel containers. Agricultural equipment becomes more expensive as steel and parts prices increase. The combined effect means higher prices throughout the entire food supply chain."

Pepe Vitale wrote:

Come on dummy wrote:

Wait I voted for trump because he told us groceries were too high and he’d make them lower. Now you are telling us even higher is ok. I am working class so cool you are “protecting my job” but no good if I cannot pay my bills and feed my family

We grow almost all of our own food here in the USA. Tariffs are for international imports.

EvilRunner wrote:

Pepe Vitale wrote:

We grow almost all of our own food here in the USA. Tariffs are for international imports.

say, what 😳😂😂😂

LetsRunSpecial wrote:

kibitzer wrote:

That's still not a deportation, which involves transporting someone to a foreign country...

People cannot vote in Puerto Rico. Nike can open a shoe factory there. DEI can work their way back to the USA. Now we have mass deportation, cheap labor, regulated immigration, and revival of a US territory all birds in one stone.

Harambe wrote:

Modern Americans across the class stratum experience the highest standard of living of any humans in history.

Tell this to a Trumper and they lose their mind because they have fallen prey to weird 50s tradwife instagram videos.

Economics wrote:

Not an expert on this but I have read some arguments against them that seem to make sense.