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Started By
Message
Thomas Sowell criticizes the tariffs President Trump instituted
Posted on 4/3/25 at 5:38 pm
Posted on 4/3/25 at 5:38 pm
Posted on 4/3/25 at 5:39 pm to Seldom Seen
He's just as entitled to his opinion as anyone.
Posted on 4/3/25 at 5:39 pm to Seldom Seen
Last week someone said Sowell promoted "MMT"
Posted on 4/3/25 at 5:40 pm to Seldom Seen
Thomas Sewell
good [BAD]
For now
good [BAD]
For now
Posted on 4/3/25 at 5:41 pm to timdonaghyswhistle
PT board opinion, TS opinion, PT board opinion TS opinion
What to do, what to do…
What to do, what to do…
Posted on 4/3/25 at 5:41 pm to Seldom Seen
Turnabout is fair play I say.....other countries need to drop their tariffs first.
Posted on 4/3/25 at 5:42 pm to Seldom Seen
Deceptive thread title is deceptive. He says long term tariffs are bad but they are fine if they are a means to an ends.
Which they are.
Which they are.
Posted on 4/3/25 at 5:43 pm to Robin Masters
quote:
Deceptive thread title is deceptive. He says long term tariffs are bad but they are fine if they are a means to an ends.
So they have nothing to do with "bringing jobs back"?
Posted on 4/3/25 at 5:45 pm to Seldom Seen
The Mexico tariff threats were smart and targeted in the first days of the admin. “Liberation Day” is fricking wild, reckless, and stupid.
Posted on 4/3/25 at 5:45 pm to SlowFlowPro
quote:
So they have nothing to do with "bringing jobs back"?
Bro seriously?
When the other country drops their tariffs and stops manipulating their currency/subsidizing their industries their imports are less competitive and so manufacturing returns.
The willful obtuseness is very tired.
This post was edited on 4/3/25 at 5:46 pm
Posted on 4/3/25 at 5:47 pm to Robin Masters
quote:
Deceptive thread title is deceptive.
Take it up with the Hoover Institute the thread title is word for word their tweet.
quote:
He says long term tariffs are bad but they are fine if they are a means to an ends.
Which they are.
He begrudgingly said fine look at his body language when he said that he then went on to say that the problem here is we don't know if Trump's tariffs are short term or will last for all four years of his presidency and that the uncertainty is going to cause people to hold onto their money.
This post was edited on 4/3/25 at 5:49 pm
Posted on 4/3/25 at 5:48 pm to Seldom Seen
I wonder if Mr Sowell believes US companies trying to sell their products to foreign nations who add tariffs and VAT to US products entering these foreign nations is good trade policy for the US.
Posted on 4/3/25 at 5:48 pm to SlowFlowPro
quote:
So they have nothing to do with "bringing jobs back"?
It will happen through lower taxation in the near future. That is the plan. I know you do not agree with the plan and will post hundreds of times with your opinions but we will have to wait and see if the plan works.
Posted on 4/3/25 at 5:48 pm to SlowFlowPro
quote:
Last week someone said Sowell promoted "MMT"
Sowell is definitely not a MMT guy but he has always disagreed with Trumps tariff policy.
Posted on 4/3/25 at 5:50 pm to SlowFlowPro
SFP your economic knowledge is as impressive as your political takes; companies often move their production to other nations to avoid tariffs and reduce costs. If retaliatory tariff threats cause other nations to drop or greatly reduce their tariffs then said businesses could move their production back to the US since said additional costs no longer exist.
Posted on 4/3/25 at 5:50 pm to Warboo
quote:.
happen through lower taxation in the near future.
Trump's already talking about raising taxes on the rich.
Posted on 4/3/25 at 5:52 pm to Seldom Seen
He didn’t really refute the effectiveness of tariffs.
He’s saying that the uncertainty with economic policy makes people less likely to spend money.
He’s saying that the uncertainty with economic policy makes people less likely to spend money.
Posted on 4/3/25 at 5:52 pm to RogerTheShrubber
quote:
Trump's already talking about raising taxes on the rich.
I thought Trump was going to give his rich buddies a tax break?
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