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re: Car prices set to sky rocket after 25% tariff on Steel and 10% on Aluminium

Posted on 3/2/18 at 1:23 pm to
Posted by Jjdoc
Cali
Member since Mar 2016
53623 posts
Posted on 3/2/18 at 1:23 pm to
quote:

Multiply by the 17,000,000 cars sold every year. What is 17,000,000x200x10 years? Who is getting that money? What is being done with it? Who is paying that money?



The money is turned back out into our economy!

Posted by MrCarton
Paradise Valley, MT
Member since Dec 2009
20231 posts
Posted on 3/2/18 at 1:26 pm to
quote:



The money is turned back out into our economy!


So the 3 billion wasted on a tax wasn't in the economy to begin with? WTF?
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 3/2/18 at 1:29 pm to
quote:

The money is turned back out into our economy!


Are you familiar with the broken window fallacy?
Posted by LSURussian
Member since Feb 2005
127270 posts
Posted on 3/2/18 at 1:36 pm to
quote:

The money is turned back out into our economy!
Oh, well then, let's put a 1,000,000% tariff on ALL imported goods!! Just think how much THAT would help our economy!!!



You're an imbecile when it comes to anything approaching sound financial logic and reasoning.

Honest question: have you ever taken even the most basic macro-economics course??
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