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slackster
Stanford Fan
Houston
Member since Mar 2009
50679 posts

If 25% steel tariffs are good for the US, why not make it 50%?
Then US steel would be really competitive. As our resident economic experts have pointed out, it would only be an extra $.006 on canned goods, $.01 on beer cans, and $200-$400 dollars in a car price increases.


Loserman
Winthrop Fan
Member since Sep 2007
12660 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
If minimum wage of $15 an hour is necessary, why not $100 an hour?
This post was edited on 3/2 at 12:48 pm


Jcorye1
Detroit Mercy Fan
Tom Brady = GoAT
Member since Dec 2007
52206 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

Then US steel would be really competitive. As our resident economic experts have pointed out, it would only be an extra $.006 on canned goods, $.01 on beer cans, and $200-$400 dollars in a car price increases.



If a steak cooked for 400 degrees is great, a steak cooked at 800 is even better!


Powerman
LSU Fan
Virginia
Member since Jan 2004
136515 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

If minimum wage of $15 an hour is necessary, why not $100 and hour?



Good point

It's leftist idiots that are arguing for both the tariffs and the insane minimum wage hikes



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150
MrLarson
Auburn Fan
Member since Oct 2014
25268 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
Because it isn't needed.

Thread is stupid.


TrueTiger
LSU Fan
Chicken's most valuable
Member since Sep 2004
34213 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
I'm not really a tariff guy because it is just like the minimum wage.

That said, I don't get all the melts over Trump doing what he promised during the campaign.

Did many of you not listen to his speeches?


RockyMtnTigerWDE
Auburn Fan
Co-Captain PosiBarners
Member since Oct 2010
73111 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?


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20
90proofprofessional
LSU Fan
Member since Mar 2004
21240 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

That said, I don't get all the melts over Trump doing what he promised during the campaign.


I'm with you. My time being pissed off about this idiocy taking over the right was contained entirely within the RNC primaries.


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11
slackster
Stanford Fan
Houston
Member since Mar 2009
50679 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

Because it isn't needed.


Trump went above the commerce department's recommendations on steel and aluminum tariffs. Why stop?


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11
Boatshoes
Member since Dec 2017
2570 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
Tariffs imposed on an industry by industry basis don't help anyone. If you want to slap a tariff on China, here's how you do it.

China's average private sector wage is 4755 a year. So all goods and services originating in China should have a 1000% tariff levied against them.

India's is 3100. They get a ~ 1500% tariff.

Canada, the EU, Australia, New Zealand, no tariffs.
This post was edited on 3/2 at 1:00 pm


TheFonz
LSU Fan
Somewhere in Louisiana
Member since Jul 2016
9390 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
If 75 degrees is a nice day, why not make it 150 degrees?


slackster
Stanford Fan
Houston
Member since Mar 2009
50679 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

Tariffs imposed on an industry by industry basis don't help anyone. If you want to slap a tariff on China, China's average private sector wage is 4755 a year. So all goods and services originating in China should have a 1000% tariff levied against them.


I've seen you suggest this idea a few times. It's even worse than what Trump proposed.

No tariffs are good ideas. Adding tariffs to combat tariffs is a bad idea.


Boatshoes
Member since Dec 2017
2570 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
You aren't adding tariffs to combat tariffs, You are adding tariffs to level the playing field in terms of global standard of living so companies can't lay off domestic workers and price shop for the cheapest unit of slave labor.
This post was edited on 3/2 at 1:03 pm


SirWinston
New Orleans Saints Fan
PDX
Member since Jul 2014
39040 posts
 Online 

re: If 25% steel tariffs are good for the US, why not make it 50%?
go away with this bull shite


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25
slackster
Stanford Fan
Houston
Member since Mar 2009
50679 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

If minimum wage of $15 an hour is necessary, why not $100 an hour?


That's my point. I'm trying to point out how dumb this logic is from those who support the tariff proposals.


slackster
Stanford Fan
Houston
Member since Mar 2009
50679 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

You are adding tariffs to level the playing field in terms of global standard of living so companies can't lay off domestic workers and price shop for the cheapest unit of slave labor.


And the standard of living will never increase with that type of trade system.

Do you realize how expensive it would be to live in the US with that type of system?


buckeye_vol
Ohio State Fan
Member since Jul 2014
30203 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

If minimum wage of $15 an hour is necessary, why not $100 an hour?
See now you get it. That's why Bernie supports tariffs and minimum wage increases.

Yet somehow Bernie's logic is more sound than those that only support one or the other. That's sad.


Loserman
Winthrop Fan
Member since Sep 2007
12660 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

If minimum wage of $15 an hour is necessary, why not $100 an hour?


quote:

That's my point. I'm trying to point out how dumb this logic is from those who support the tariff proposals.


I'm sorry that you don't see the difference between those two points.

Being a Free Market Capitalist, I will be happy to explain it to you for $500 an hour!
I'm a good teacher but even so, hopefully for me you still won't get it after a couple 100 hours of tutoring!


Loserman
Winthrop Fan
Member since Sep 2007
12660 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

If minimum wage of $15 an hour is necessary, why not $100 an hour?


quote:

See now you get it. That's why Bernie supports tariffs and minimum wage increases. Yet somehow Bernie's logic is more sound than those that only support one or the other. That's sad.


As I posted already, I will be happy to point out the fallacy in your logic for $500 an hour.

BTW: Since I have read many of your posts, I should be able to retire much sooner from tutoring you!


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buckeye_vol
Ohio State Fan
Member since Jul 2014
30203 posts

re: If 25% steel tariffs are good for the US, why not make it 50%?
quote:

And the standard of living will never increase with that type of trade system.

Do you realize how expensive it would be to live in the US with that type of system?
Well what's funny about this logic is that free trade has undoubtedly raised the global standard of living. So the solution to raising it more for those who are behind, well let's put something in place that is the opposite of free trade.

In my thread, he even proposed that due to India's standard of living we should automatically impose a 1500% tariff on imports from India. So with $70 billion in imports (3% of its GDP), that would add 980 BILLION to their costs. So obviously all this will do is decrease imports from India to pretty much 0.

Sound logic.


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