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re: Ackman is off the Trump Train, warns of "self-induced, economic nuclear winter"

Posted on 4/7/25 at 12:10 pm to
Posted by Corinthians420
Iowa
Member since Jun 2022
16104 posts
Posted on 4/7/25 at 12:10 pm to
quote:

So you’re ok with America and Americans having less wealth because we appear to be doing ok compared to some other unnamed countries at first glance?

Wait, you think middle class Americans are gonna have more wealth paying an extra 20% tax on imported goods.

I dont know about you but everything i buy isnt made in America unfortunately.
Posted by BBONDS25
Member since Mar 2008
59473 posts
Posted on 4/7/25 at 12:10 pm to
quote:

I'm not sure how to help you. You asked for examples. I gave you one. It's not invalidated by not supplying you with every example in existence.


Roger’s claim was that only long term subsidies would get companies here. So I asked him to substantiate that. You chose to jump in with an act regarding semiconductors but not a single specific if any of the projects that are happening received subsidies through that act or any other act.
Posted by Taxing Authority
Houston
Member since Feb 2010
63498 posts
Posted on 4/7/25 at 12:11 pm to
quote:

Roger’s claim was that only long term subsidies would get companies here. So I asked him to substantiate that
Oh. I see. You want him to prove the null case. Ok. Carry on.
Posted by BBONDS25
Member since Mar 2008
59473 posts
Posted on 4/7/25 at 12:13 pm to
quote:

Oh. I see. You want him to prove the null case. Ok. Carry on.


I don’t care who answers. Roger won’t, because he is a moron. So maybe you can get us an answer. You offered zero specifics. Are any of the companies starting projects receiving subsidies from the CHiP act?
This post was edited on 4/7/25 at 12:15 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
63498 posts
Posted on 4/7/25 at 12:17 pm to
quote:

Roger won’t, because he is a moron.
Given what you're asking for, he'd be right to. Surely you picked up a basic logic class somewhere long the way in your education.
This post was edited on 4/7/25 at 12:19 pm
Posted by BBONDS25
Member since Mar 2008
59473 posts
Posted on 4/7/25 at 12:18 pm to
quote:

Given what you're asking for


Asking him to substantiate a claim was wrong? Got it. Let’s just make shite up and expect everyone to believe it.


I have a 10 inch…
This post was edited on 4/7/25 at 12:18 pm
Posted by CAD703X
Liberty Island
Member since Jul 2008
93388 posts
Posted on 4/7/25 at 12:19 pm to
quote:

Wait, you think middle class Americans are gonna have more wealth paying an extra 20% tax on imported goods.

I dont know about you but everything i buy isnt made in America unfortunately.


now run the numbers if *gasp* these same foreign countries drop their massive tariffs on US goods.
Posted by stout
Porte du Lafitte
Member since Sep 2006
182522 posts
Posted on 4/7/25 at 12:20 pm to
quote:


Look, the stock market history started in may of last year.



Posted by wdhalgren
Member since May 2013
5329 posts
Posted on 4/7/25 at 12:48 pm to
quote:

You've been misled badly.


That's either projection or dissembling on your part. I draw my conclusions based on studying and understanding economic fundamentals, not political ideology or self-serving propaganda.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/7/25 at 12:49 pm to
quote:

I draw my conclusions based on studying and understanding economic fundamentals,


What are the downsides to widespread tariffs?

Posted by Corinthians420
Iowa
Member since Jun 2022
16104 posts
Posted on 4/7/25 at 1:04 pm to
quote:

now run the numbers if *gasp* these same foreign countries drop their massive tariffs on US goods

I dont know about you but ive never paid a tariff on US goods.

I get it that part of adopting the Maga mentality cultism is "us vs. them", but countries can only tariff/tax their own citizens.

Thinking that you are somehow being screwed by Zimbabwe taxing their citizens on US imports is midget mentality. If they wanna frick their population doesnt necessarily mean we should do the same.
This post was edited on 4/7/25 at 1:07 pm
Posted by BBONDS25
Member since Mar 2008
59473 posts
Posted on 4/7/25 at 1:06 pm to
quote:

I dont know about you but ive never paid a tariff on US goods.


So, not a business owner. Just because you don’t doesn’t mean lots of Americans don’t either.
This post was edited on 4/7/25 at 1:14 pm
Posted by BBONDS25
Member since Mar 2008
59473 posts
Posted on 4/7/25 at 1:07 pm to
quote:

What are the downsides to widespread tariffs?


The free-trade libertarian now defending widespread tariffs. just not Trump’s?
Posted by Corinthians420
Iowa
Member since Jun 2022
16104 posts
Posted on 4/7/25 at 1:08 pm to
quote:


So, not a business owner. Just because you don’t doesn’t mean lots of Americans do

American business owners pay tariffs on American goods?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/7/25 at 1:08 pm to
quote:


The free-trade libertarian now defending widespread tariffs


You are truly special, Corky.

Posted by BBONDS25
Member since Mar 2008
59473 posts
Posted on 4/7/25 at 1:13 pm to
quote:

American business owners pay tariffs on American goods?


An American business owner pays tariffs on goods they sell in foreign countries.
Posted by BBONDS25
Member since Mar 2008
59473 posts
Posted on 4/7/25 at 1:13 pm to
quote:

You are truly special, Corky.


Perfect. Then we agree tariffs should be abolished.
Posted by Corinthians420
Iowa
Member since Jun 2022
16104 posts
Posted on 4/7/25 at 1:17 pm to
quote:

An American business owner pays tariffs on goods they sell in foreign countries.

No. They don't.

The company/person that needs an American product pays the tariff.
Posted by BBONDS25
Member since Mar 2008
59473 posts
Posted on 4/7/25 at 1:18 pm to
quote:

No. They don't.


Wrong. I mean, how did you not know that? They may raise prices to offset the tariff, but the business owner does pay it.

quote:

The company/person that needs an American product pays the tariff.


No need to clarify. We are aware you aren’t a business owner. At least not one that sells overseas.
This post was edited on 4/7/25 at 1:20 pm
Posted by Corinthians420
Iowa
Member since Jun 2022
16104 posts
Posted on 4/7/25 at 1:20 pm to
quote:

Wrong. They may raise prices to offfset the tariff, but the business owner does pay it.

No.

Whoever they sell the product to pays to import it then they offset the prices
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