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re: Someone explain the tariffs thing to me
Posted on 2/21/25 at 1:16 pm to RogerTheShrubber
Posted on 2/21/25 at 1:16 pm to RogerTheShrubber
quote:Wait, do you not believe this? Go graph it out and look at the deadweight loss area.
If you really believe this, why the frick would you support them? Do you really want to add cost to US consumers right now? And offer less choice?
I support free trade, with no tariffs on either side—and that’s the stated goal and policy objective here.
1
Posted on 2/21/25 at 1:18 pm to PaperTiger
quote:
Mexico is doing this too.
Yeah, we're now following Mexico's lead, eh?
Steve Bannon has already let it slip.
quote:
Since 2008, $200 billion has gone into stock repurchases. If that had gone into plants and equipment, think what that would have done for the country. I’m for a dramatic increase in corporate taxes. We have to increase taxes on the wealthy. For getting our guys’ taxes cut, we’ve got to cut spending, which they’re gonna resist. Where does the tax revenue come from? Corporations and the wealthy. And when they start squealing, we have a conversation.
Posted on 2/21/25 at 1:19 pm to Bjorn Cyborg
quote:
Tariff's should even the landscape,
You're picking nits but whatever. If the Chinese company eats the tariff, then the landscape is not evened and it doesn't help the US producer at all. All it did was give more money to our government.
Posted on 2/21/25 at 1:19 pm to AllbyMyRelf
quote:
Wait, do you not believe this?
I didnt say that.
I asked you why anyone who believes such would support more tariffs?
How well did Joe Bidens (he kept Trumps and expanded them) fare?
Posted on 2/21/25 at 1:29 pm to RogerTheShrubber
quote:And I answered.
I asked you why anyone who believes such would support more tariffs?
quote:These tariffs are ill advised since their goal is to promote US industry and bring back manufacturing. They will fail in their policy objectives.
How well did Joe Bidens (he kept Trumps and expanded them) fare?
They differ from the reciprocal tariffs because the reciprocal tariffs will be eliminated once the other side’s tariffs are eliminated. They are less likely to fail in their policy objectives because of US’s position as the largest consumer in the world and the disproportionate effect that will have on trading partners if our quantity demanded decreases.
Posted on 2/21/25 at 1:32 pm to Kjnstkmn
Posted on 2/21/25 at 1:33 pm to Kjnstkmn
Posted on 2/21/25 at 1:56 pm to Flats
quote:
If the Chinese company eats the tariff, then the landscape is not evened and it doesn't help the US producer at all.
Not necessarily. Perhaps they had an inflated profit margin, now they have a more competitive margin.
Posted on 2/21/25 at 2:02 pm to AllbyMyRelf
quote:
They differ from the reciprocal tariffs because the reciprocal tariffs will be eliminated once the other side’s tariffs are eliminated.
Any long term tariffs are damaging to our economy.
Tariffs "work" if they are short term and targeted. We are seeing the exact opposite of that.
Tariffs offer short term gains, and long term pains.
Posted on 2/21/25 at 2:11 pm to RogerTheShrubber
quote:It’s been less than a month. We aren’t seeing anything yet.
Tariffs "work" if they are short term and targeted. We are seeing the exact opposite of that.
Posted on 2/21/25 at 2:16 pm to AllbyMyRelf
quote:
It’s been less than a month. We aren’t seeing anything yet.
Biden expanded Trumps tariffs.
We've had them for 6-7 years.
Posted on 2/21/25 at 2:18 pm to LordSnow
quote:
I don't see the issue.
No sane person does.
Posted on 2/21/25 at 2:20 pm to RogerTheShrubber
quote:I don’t think you’re reading my posts. Those tariffs are not the same as the reciprocal tariffs.
Biden expanded Trumps tariffs. We've had them for 6-7 years.
Posted on 2/21/25 at 2:23 pm to AllbyMyRelf
quote:
Those tariffs are not the same as the reciprocal tariffs.
Oh dear god..
quote:
“Meaning that there were about $300 billion worth of tariffs introduced under the Trump administration. Most of those have been left in place after a four-year review of that policy,” Johnson said.
But there are differences. The Trump administration slapped tariffs on a wide range of goods, using a wide range of justifications, said Mary Lovely at the Peterson Institute for International Economics.
“Sometimes they were justified as a way to reduce the bilateral trade deficit. At other times it was retaliation for China’s unfair trade practices,” she said.
Trump also targeted Canada, Europe and other American allies. But Biden’s tariffs on Chinese imports are much more narrowly tailored — specifically toward the industries the administration’s been trying to promote with other legislation.
Posted on 2/21/25 at 2:24 pm to RogerTheShrubber
What you just quoted confirms my assertion
Posted on 2/21/25 at 2:26 pm to RogerTheShrubber
quote:That is false, of course.
Any long term tariffs are damaging to our economy.
Posted on 2/21/25 at 2:27 pm to AllbyMyRelf
No, Bidens tariffs were more targeted than Trumps.
Youre trying to force a major difference between them with loads of hopium that somehow magically, they'll work out better this time.
There is very little difference. THey are a drag on our own economy and inflationary and stifle small business.
Youre trying to force a major difference between them with loads of hopium that somehow magically, they'll work out better this time.
There is very little difference. THey are a drag on our own economy and inflationary and stifle small business.
Posted on 2/21/25 at 2:29 pm to RogerTheShrubber
They have a different stated policy objective. Did Trump tell China he’d remove tariffs if they removed their tariffs back in the first term? No, because that wasn’t the policy objective.
Posted on 2/21/25 at 2:30 pm to NC_Tigah
quote:
ote:
Any long term tariffs are damaging to our economy.
That is false, of course.
You can pretend all you want but in a couple of years you will be back to agreeing with conservative principles.
Posted on 2/21/25 at 2:31 pm to AllbyMyRelf
quote:
They have a different stated policy objective.
Some are punitive. Others are to bring back mfg.
Long term is a subsidy to targeted industry at the expense of small biz.
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