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re: Tariffs. What libertarian Economists don't grasp and more.

Posted on 3/26/25 at 4:11 pm to
Posted by Harry Boutte
Louisiana
Member since Oct 2024
3996 posts
Posted on 3/26/25 at 4:11 pm to
quote:

My bad. Income looks to be defined.

Where's "wages" in that statute?

Posted by GeauxBurrow312
Member since Nov 2024
6261 posts
Posted on 3/26/25 at 4:12 pm to
MAGA is paleoconservative with slightly more populist flair

In denial if you think there is any other conservative ideology with any movement in the US, they have all been crushed
Posted by Jjdoc
Cali
Member since Mar 2016
55614 posts
Posted on 3/26/25 at 4:12 pm to
quote:

What “Americans”?


Ask Sowell.

quote:

We almost at minimum structural employment and employers already cannot find workers


That's not the point. It's not even in the same world as the point.

Once more for you. If, as Sowell stated, controlling immigration raises wages and not controlling them causes lower wages then calling for control as Sowell clearly did and does, it is just like tariffs.


Why, government action.

That's what the OP is about. Die hards only look at the a small segment of data and they are hypocrites in other policies that results in higher prices.

Do you know that many free trader economist agree with Carbon taxes? Same thing. "Tariff bad. Drives up costs! Tax on thebpeople!!!" While saying "we need carbon taxes" and that drives up prices in way more ways than tariffs.
Posted by Jjdoc
Cali
Member since Mar 2016
55614 posts
Posted on 3/26/25 at 4:13 pm to
quote:

Protectionism and anti-illegal immigration is straight 80s democrat policy.


Did you just got to bat for illegal immigration?

That's interesting.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298561 posts
Posted on 3/26/25 at 4:14 pm to
Youre not guaranteed a good wage, Lefty

These jobs have been open for years and guess who didnt want to work them?

There is a reason you need some employment migration.
Posted by stuntman
Florida
Member since Jan 2013
10817 posts
Posted on 3/26/25 at 4:14 pm to
Why's that funny?

Where's "wages" in there?

I messed up by saying income wasn't defined. I thought that was the case, but the core of the argument is that wages and income are not the same things, by the book, legally speaking.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97843 posts
Posted on 3/26/25 at 4:14 pm to
quote:

Look up. Someone posted the actual results. Somehow you missed it. An accident, I'm sure.

Just like you ignored my response when I pointed out the fallacy in your previous response.


Stfu and go back to DU alter
Posted by Taxing Authority
Houston
Member since Feb 2010
63267 posts
Posted on 3/26/25 at 4:16 pm to
quote:

Sugar producers generate nearly $23 billion a year for the U.S. economy.
Now. subtract out home much Americans overpay for sugar, and account for the overuse of HFCS (instead of other. porn uses) as a result of it being a cheaper alternative.

Anything can look good when you only look at one side of the economics of it.
This post was edited on 3/26/25 at 4:17 pm
Posted by stuntman
Florida
Member since Jan 2013
10817 posts
Posted on 3/26/25 at 4:18 pm to
quote:

Obviously, the definition for "income" is common knowledge - which is why I included Webster's definition and not Oxford's.

Otherwise there would have been a suit, I imagine.


There have been lots of lawsuits. Some people have used this very argument to win in court, but most haven't. Government tends to try to protect government.

Hell, even though I think taxes are immoral and help fund all kinds of misery in society and around the globe, I still pay them for one reason; To stay out of jail.
Posted by Harry Boutte
Louisiana
Member since Oct 2024
3996 posts
Posted on 3/26/25 at 4:18 pm to
quote:

Why's that funny?

Because I'm tired of addressing your specious argument - especially with you moving the goal posts.

People arguing that the income tax is unconstitutional just look silly after 110 years of collection.

Clearly there have been many with standing. So why hasn't this gone to the court in all this time? (I'm assuming it hasn't, otherwise there would be a readily available decision.)
Posted by Figgy
CenCal
Member since May 2020
10341 posts
Posted on 3/26/25 at 4:19 pm to
quote:

’Murica first!


Following up on my post on page 12. Here's a letter signed off on by more than 260 trade organizations and it of course has more pain in the forecast:

March 24, 2025
Ambassador Jamieson Greer
United States Trade Representative
Office of the United States Trade Representative
600 17th Street, N.W.
Washington, D.C. 20508

RE: Opposition to Proposed Action in Section 301 Investigation of China’s Targeting of the
Maritime, Logistics, and Shipbuilding Sectors for Dominance (USTR–2025–0003).

The undersigned organizations representing a wide breadth of our nation’s economy,
including importers, exporters, farmers and agribusinesses, retailers, manufacturers, energy
providers, wholesalers, and transportation and logistics providers, urge the Office of the U.S.
Trade Representative (USTR) to refrain from imposing its proposed actions in response to the
Section 301 investigation of China’s targeting the maritime, logistics, and shipbuilding sectors
for dominance.
We support scrutiny of China’s efforts to dominate the maritime industry. However,
USTR’s proposed actions will not deter China’s broader maritime ambitions and will instead
directly hurt American businesses and consumers. Specifically, USTR’s proposed fees will
increase container shipping costs by at least 25% ($600-$800 or more), adding approximately
$30 billion in annual costs on U.S. businesses and farmers. This will lead to higher prices for
U.S. consumers and undermine the competitiveness of many U.S. exports—leading to a decline
in export revenues and increasing the U.S. trade deficit, contrary to the Trump Administration’s
America First trade goals. One recent study on the assessment of probable net economic effects
of the proposed remedies found that overall, total exports and imports would decline, negatively
impacting the U.S. economy at a time when the administration is striving to grow the overall
economy and create jobs around the country.
Ocean carriers will respond to USTR’s fees by reducing service to many U.S. ports and
diverting cargo to ports in Canada or Mexico. This will reduce ocean traffic at many smaller
ports, creating profound economic damage – including lost jobs – in communities where ports
serve as vital economic hubs. Reduction in service will increase congestion across the country’s
logistics network and spur a new normal of higher costs and delays affecting both imports and
exports. American consumers will suffer a lag in receiving the goods they rely on every day.
We understand USTR is proposing export requirements to support a domestic
shipbuilding industry. We also support a domestic shipbuilding industry, but the export
requirements outlined by USTR fail to acknowledge the realities of revitalizing a U.S.
shipbuilding industry. The U.S. cannot build a vibrant shipbuilding industry from its current
capacity in seven years. Holding firm to USTR’s proposal would force a reduction in U.S.
exports, since the capacity does not exist nor will exist under the USTR timelines. To achieve the
twin goals of combatting trade deficits and reinvigorating the U.S. shipbuilding industry, we
need a dedicated strategy with sustained investments, leadership, and a long-term commitment
from both the public and private sectors. We encourage the Administration to work with us to
achieve its broader goals by considering alternative and more effective measures.
We share the goal of finding real remedies to address China’s dominance in the maritime
industry, while also revitalizing the U.S. shipbuilding industry. We strongly urge USTR to
reconsider the proposed remedies which will significantly impact the millions of stakeholders
who rely on efficient maritime services to move goods in and out of the United States.
Thank you for the opportunity to comment.
Posted by Taxing Authority
Houston
Member since Feb 2010
63267 posts
Posted on 3/26/25 at 4:20 pm to
quote:

Did you just got to bat for illegal immigration?

No. Are you capable of being honest? Or is it pathological?
Posted by Jjdoc
Cali
Member since Mar 2016
55614 posts
Posted on 3/26/25 at 4:22 pm to
2.5 to 3.5 billion per year. Per google.

quote:

Anything can look good when you only look at one side of the economics of it.


That's the whole topic. That is what we are doing. And most of us have had a great time talking about.





Posted by Jjdoc
Cali
Member since Mar 2016
55614 posts
Posted on 3/26/25 at 4:26 pm to
You are the one that posted this

quote:

Protectionism and anti-illegal immigration is straight 80s democrat policy.


All people who are anti illegal immigration is now democrats? Sowell will need to be notified.
Posted by Harry Boutte
Louisiana
Member since Oct 2024
3996 posts
Posted on 3/26/25 at 4:27 pm to
quote:

I think taxes are immoral

"Taxes are what we pay for civilized society"

- Oliver Wendell Holmes
Posted by wackatimesthree
Member since Oct 2019
13389 posts
Posted on 3/26/25 at 4:27 pm to
quote:

The OP, me, stated "What libertarian Economists don't grasp" and that does not equal "Economists Don't Know Beans."


Oh, come on. It was hilarious.

You argued from authority based on the same credentials that you posted an entire long post about being not only fallible, but dead wrong specifically because they don't understand their field of study. That's what, "don't grasp" means, yeah?

quote:

I can simply stop responding to you too.


I don't believe I asked you to reply to me, did I? I was just sharing the mirth.

Quit replying if you want to...I won't notice either way.

quote:

You have addressed absolutely none of the points. None.


Nor will I until or unless one of you guys answers the question I keep asking over and over, which is, we know what already happened in 2018 and 2019. It's hindsight, not foresight.

Why will the tariffs going forward produce different results than those?
This post was edited on 3/26/25 at 4:28 pm
Posted by Ten Bears
Florida
Member since Oct 2018
5029 posts
Posted on 3/26/25 at 4:27 pm to
quote:

2.5 to 3.5 billion per year. Per google.


Pretty sure that is the cost of the US Sugar program, not the cost differential between what US consumers pay for sugar versus the rest of the world.
Posted by wackatimesthree
Member since Oct 2019
13389 posts
Posted on 3/26/25 at 4:30 pm to
quote:

mean at least its an attempt but nothing you posted is daily used goods for the average joe. Who the fack is buying tires daily, construction equipment lulz Purses? Of cpurse the washer and dryers LMAO. You and your wife arent buying them daily. You are using items that would be better off claissified as a consumption tax


So as long as you don't have to buy it daily, it's o.k. if the price goes up?

We can delete that 33 page thread complaining about housing prices?

BTW, I can't think of anything that has to be bought daily except maybe parking. Even groceries are a weekly or bi-weekly purchase.

So your stated criteria is sufficiently narrow as to be meaningless, and that's not a coincidence.
This post was edited on 3/26/25 at 4:32 pm
Posted by stuntman
Florida
Member since Jan 2013
10817 posts
Posted on 3/26/25 at 4:31 pm to
This is one of the most insane quotes of all time.

You need a politicians as a middlemen to be civilized? A truly civilized society wouldn't need a small group w/ a monopoly on power taking chunks and chunks of money and liberty from us by force.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298561 posts
Posted on 3/26/25 at 4:33 pm to
quote:

I think taxes are immoral

"Taxes are what we pay for civilized society"

- Oliver Wendell Holmes


Faaar more important on the local level than National.

In my world, the Fed Govt would provide border security and military might, and power would be returned to communities.
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