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re: How do tariffs bring costs down?
Posted on 8/29/24 at 10:14 am to Dawgfanman
Posted on 8/29/24 at 10:14 am to Dawgfanman
quote:
If addition, he discussed tariffs as a way to replace income tax.
The Founding Fathers used tariffs as America's primary tax revenue.
3
Posted on 8/29/24 at 10:14 am to Auburn1968
quote:
Trump's solution to inflation is freeing business from the wet blanket of leftist minded regulation.
And the stability that comes without the left's deranged threatening of any business that makes $1.60 profit on a case of yogurt
Posted on 8/29/24 at 10:16 am to Zach
quote:
The Founding Fathers used tariffs as America's primary tax revenue.
If we spent at that level today we could use tariffs today
Posted on 8/29/24 at 10:18 am to Zach
quote:
The Founding Fathers used tariffs as America's primary tax revenue.
how dare those left wing nuts!
signed,
slo cuck pro
Posted on 8/29/24 at 10:18 am to frogtown
quote:quote:
Trump's foreign energy policy will incentivize OPEC nations to produce more
Not happening. You are naive. The OPEC nations need $80 to $90 oil.
Trump did it once, he'll do it again.
Posted on 8/29/24 at 10:23 am to SlidellCajun
Raising tariffs over a few decades would bring more manufacturing jobs back to the US. It needs to be a slow increase not a huge increase all at once. A large increase of tariffs that fast would probably hurt the stock market and it could effect the value of the dollar.
Getting Republicans and Democrats to agree on raising tariffs is not going to happen. It doesn’t matter which party was for raising tariffs the other would disagree.
Getting Republicans and Democrats to agree on raising tariffs is not going to happen. It doesn’t matter which party was for raising tariffs the other would disagree.
Posted on 8/29/24 at 10:24 am to Slim
quote:
Really very simple economics of supply and demand: raise tariffs and the Chinese raise the price of products that are made in China, products that are made in the US will become more affordable to US citizens.
This doesn't make US products more affordable. It makes them more profitable to the manufacturers/producers. That's the whole point of the policy.
Posted on 8/29/24 at 10:26 am to SlowFlowPro
quote:
If we spent at that level today we could use tariffs today
True. The Founders believed in: 'Take care of your own damn self.' They had a strong streak of libertarianism that I like.
Posted on 8/29/24 at 10:26 am to GumboPot
quote:
What tariff critics fail to understand that is if you take off tariffs from the trade negotiation table you are at a major disadvantage before you sit down at the table.
Only an idiot would self-immolate their trade position before the first negotiation word is mentioned.
If you want to bluff with them or do focused tariffs in this or that industry for some strategic reason, that's one thing. But the actual proposed tariffs are broad and dumb.
Posted on 8/29/24 at 10:27 am to SlidellCajun
Tarriffs don't bring costs down directly. They raise them.
However, combined with other policies, they can make our economy more resilient and less dependent on imports from countries that hate us
However, combined with other policies, they can make our economy more resilient and less dependent on imports from countries that hate us
Posted on 8/29/24 at 10:27 am to Fat Bastard
quote:
you cannot take jackmeoff3timesaday seriously.
You actually thought that, then typed it out and hit submit.
Posted on 8/29/24 at 10:29 am to Zach
Just to clarify, I'd completely accept tariffs if we went down to that spending level.
The monster that fedgov has become requires more
The monster that fedgov has become requires more
Posted on 8/29/24 at 10:51 am to SlowFlowPro
quote:
The monster that fedgov has become requires more
Yeah, Rand Paul had some proof of that in his book. When Covid caused the govt to send big checks to everyone who claimed they had a business we lost billions in fraud. Rand tried to stop it but only got 3 other republicans to show up for the vote.
The rest of congress had the attitude of 'Hell, it ain't my money and I don't feel like cutting my vacation short.'
Posted on 8/29/24 at 11:14 am to Zach
quote:
When the govt response to Covid caused the govt to send big checks to everyone who claimed they had a business we lost billions in fraud.
Fixed.
Posted on 8/29/24 at 11:15 am to Zach
They don’t. Domestic producers raise their prices to be just shy of the economic pain of buying the foreign item.
Without tariffs, domestic had to compete with foreign, driving the price down for everyone.
Does it provide more domestic jobs? It could. Does it stimulate the economy? Maybe. The only given is, you will pay more for the same crap.
No domestic producer is going to sell you your widget at the same price china was selling it to you before the tariffs. At least not unless govt price controls are in place.
Without tariffs, domestic had to compete with foreign, driving the price down for everyone.
Does it provide more domestic jobs? It could. Does it stimulate the economy? Maybe. The only given is, you will pay more for the same crap.
No domestic producer is going to sell you your widget at the same price china was selling it to you before the tariffs. At least not unless govt price controls are in place.
This post was edited on 8/29/24 at 11:16 am
Posted on 8/29/24 at 11:43 am to SlidellCajun
Raising tariffs is needed to allow Americans to open new businesses and compete.
Ya know, the America first part of the plan. It's not possible to compete with multinational corporations who have goods manufacturered over seas where peoples wages are drastically lower than wages here in America.
It's simple. In order to facilitate more "made in America", it has to be possible to do so.
This is why Rino's hate Trump. Rino's get paid by the multinational corporations who put profit over people.
Ya know, the America first part of the plan. It's not possible to compete with multinational corporations who have goods manufacturered over seas where peoples wages are drastically lower than wages here in America.
It's simple. In order to facilitate more "made in America", it has to be possible to do so.
This is why Rino's hate Trump. Rino's get paid by the multinational corporations who put profit over people.
Posted on 8/29/24 at 11:47 am to GumboPot
quote:
Chinese companies importing the goods to the U.S. are writing the check to the U.S. Treasury.
No, they aren't. When an American company imports goods from China that are tariffed the American company pays the tariff on the import not China.
Posted on 8/29/24 at 12:27 pm to Zach
quote:
The Founding Fathers used tariffs as America's primary tax revenue.
In fact it was not until FDR did we get away from that and place the burden of that to the people and businesses.
Posted on 8/29/24 at 1:22 pm to ShoeBang
quote:
It’s an incentive to produce more goods in the USA to make domestic products more competitive.
Hard to be competitive with slave/child labor, no OSHA, EPA, etc.
I don't see how it doesn't raise prices.
Are the jobs/taxes enough to offset it? Dunno.
Posted on 8/29/24 at 1:24 pm to ELVIS U
quote:Only if prices go up. So do tariffs “work” or not?
It stimulates the supply side by creating production opportunities for American companies.
This post was edited on 8/29/24 at 1:25 pm
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