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re: Is Reaganomics and free trade officially dead?
Posted on 5/20/24 at 5:39 pm to SlowFlowPro
Posted on 5/20/24 at 5:39 pm to SlowFlowPro
quote:
Globalist", the word that can mean literally anything
Um no.
quote:
The pro-tariff types are literally arguing to raise prices and limit the buying power of consumers (especially the middle class).
That is 100% false
3
Posted on 5/20/24 at 6:00 pm to boogiewoogie1978
OK.. We put a tariff on avocados, for example... The seller charges the same price, but adds the tariff. The buyer pays more, because of the added tariff, and passes the cost to the consumer.
Who pays?
Who pays?
Posted on 5/21/24 at 7:49 am to boogiewoogie1978
quote:
Um no.
It's been heavily used on this site for 8-ish years and not one single definition has ever been given. It's a malleable concept that means whatever derogatory use the author can fit it into for that post.
quote:
That is 100% false
You're wrong.
Tariffs are a tax meant to raise prices of imported goods to make the costly domestic alternative seem more reasonable. It raises costs to consumers and fricks them (especially the middle and lower classes), to redistribute that money (via governmental force) to inefficient domestic producers.
Literally the entire point of tariffs is to raise prices of goods.
Posted on 5/21/24 at 8:14 am to boogiewoogie1978
quote:
quote:
Globalist", the word that can mean literally anything
Um no.
quote:
quote:
The pro-tariff types are literally arguing to raise prices and limit the buying power of consumers (especially the middle class).
That is 100% false
As pointed out in this thread, if you buy into what SFP is selling, the United States was formed as a Socialist nation and remained so until FDR and his free trade saved us.
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