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Started By
Message
re: CBO: Trump’s Tariffs Could Slash Deficit by $4 Trillion
Posted on 9/3/25 at 10:32 am to SlowFlowPro
Posted on 9/3/25 at 10:32 am to SlowFlowPro
quote:
Napkin math. But you get the gist
I don’t mind paying down the debt. Even if they hide the way it is accomplished.
0
Posted on 9/3/25 at 10:37 am to SlowFlowPro
Sure……Dude… everybody gets your drift.
Posted on 9/3/25 at 10:37 am to SlowFlowPro
Exporting countries (their companies) are largely eating the cost. The reason is US competitors set the bar on price. Foreign companies either overcharge US competiitor prices (which will result in loss of market share) or they eat the cost. They eat cost because they use slave labor…..
That’s the whole point….level the labor wages playing field globally…
That’s the whole point….level the labor wages playing field globally…
Posted on 9/3/25 at 10:45 am to SlowFlowPro
quote:
While raising the cost to consumers over that time by $3.3 trillion
Complete BS. For example, Toyota has already said they’ll make up the difference on Japanese made autos by cutting the margins on US made autos.
Posted on 9/3/25 at 10:48 am to Taxing Authority
quote:
quote:
So, not 100%, which was (and is) my point.
You should read the survey.
Does the survey say that every dollar of tariff is being passed on directly to the consumer?
Posted on 9/3/25 at 10:50 am to SlowFlowPro
quote:
While raising the cost to consumers over that time by $3.3 trillion
And yet, prices haven’t been passed along yet.
You know why? Competition.
Raise prices at your own risk. Either way, consumers can make a choice.
Posted on 9/3/25 at 10:52 am to wackatimesthree
quote:
So why would a foreign company locate HERE to manufacture? Why would they locate in one of the most expensive countries on planet earth to manufacture in?
I mean, aren't there a lot of foreign investments promising just that right now? So there has to be something there correct?
Posted on 9/3/25 at 10:53 am to RealDawg
quote:
And yet, prices haven’t been passed along yet.
You know why? Competition.
Wrong. Trump delayed many tariffs because of market instability.
Your price increases lag.
Posted on 9/3/25 at 10:55 am to SlowFlowPro
SFP with his typical awful take totally untethered from reality.
Posted on 9/3/25 at 10:56 am to I20goon
quote:This doen'st really help though. It's not a lack of capital availability that keeps manufacturing from locating here, it's the cost to produce goods.
Because there's one variable in your math not accounted for. Everyone assume "buy American" means a US company on US soil. But they've tweaked that and a foreign company can manufacture on US soil in this case. There's your capital entropy and jobs (with wages being TBD) right there.
Posted on 9/3/25 at 11:00 am to SlowFlowPro
quote:
How do you get the domestic manufacturing without the higher prices?
It's literally the entire point of tariffs. What's funny is proponents think that domestic goods won't increase in price. That when imported prices rise, domestic producers will simply choose to produce at discounted prices relative to imports. Why the hell would they do that?
Posted on 9/3/25 at 11:01 am to Drizzt
quote:
SFP with his typical awful take totally untethered from reality.
The 4 goals?
1. Raising tax revenue
2. Bringing manufacturing home
3. National Security
4. Refinancing the debt
You're saying these 4 arguments have not been used to justify tariffs?
Posted on 9/3/25 at 11:03 am to Auburn1968
quote:Of course they do. Let's say I sell a product, and it competes with a Chinese import. My price is $1. Chinese price is $0.98. The tariff raises the chinese price to $1.50, so I won't have to compete with them. What will my price be?
Tariffs don't affect domestic products, produce and services.
HINT: It's not $1.
Posted on 9/3/25 at 11:04 am to Out da box
quote:The tariffs so far are not where near high enough to do this. In many cases they'd need to be 2-300%.
That’s the whole point….level the labor wages playing field globally…
Posted on 9/3/25 at 11:06 am to RogerTheShrubber
Ignorance.
Tariffs are in place now. It is those tariffs that the CBO is calculating. So your argument is complete BS.
Tariffs are in place now. It is those tariffs that the CBO is calculating. So your argument is complete BS.
Posted on 9/3/25 at 11:07 am to SlowFlowPro
quote:
The 4 goals? 1. Raising tax revenue 2. Bringing manufacturing home 3. National Security 4. Refinancing the debt
Possibly the biggest reason is to correct the balance of trade disparity. If you look at the tariffs, they’re based on addressing that.
Regarding the concerns over higher prices if manufactured in the US, wages improve for US citizens allowing them to also afford higher prices. This is offset by an improved individual tax situation for them, as the overall tax revenue base increases.
Posted on 9/3/25 at 11:07 am to udtiger
quote:It also doesn't show that you're not a child molester. But hey... it' clearly shows businesses plan to pass more of the cost along than they currently are. If you want to argue absurdum absolutes, feel free.
Does the survey say that every dollar of tariff is being passed on directly to the consumer?
Posted on 9/3/25 at 11:08 am to Taxing Authority
quote:
What's funny is proponents think that domestic goods won't increase in price. That when imported prices rise, domestic producers will simply choose to produce at discounted prices relative to imports. Why the hell would they do that?
Yeah, I've tried to make them understand that too.
They don't give any answer and just downvote when I have brought that up.
But it's common sense.
If your market position as a domestic auto company is that you get the market share of people who choose you over a foreign company like BMW, for example, because you provide a cheaper alternative, and BMW increases in price by 20%, you can also raise your price and still maintain the same gap between the foreign competitor and your product.
Why in the hell anyone thinks you wouldn't do that I have no idea.
Posted on 9/3/25 at 11:11 am to PaperTiger
quote:
I mean, aren't there a lot of foreign investments promising just that right now?
I don't know the details of any of that, but wouldn't it stand to reason that there has to be something else to sweeten that deal? Tax exemptions or the like?
Posted on 9/3/25 at 11:12 am to Free888
quote:Given our strong currency, why do you believe this needs to be "solved". Why should trade with every country be "balanced"?
Possibly the biggest reason is to correct the balance of trade disparity.
quote:Exactly! If we went around breaking windows, then businesses would have to hire glass installers, glass installers would have to buy glass, then the glass installers and glass manufacturers would have more money to spend at the businesses that had broken windows! Brilliant! Let's go break windows! We'll all be rich!
Regarding the concerns over higher prices if manufactured in the US, wages improve for US citizens allowing them to also afford higher prices.
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