Tariffs Worked “Spectacularly Well”

In H’s defense he has been more sober on tariff impacts than others.
 
RaceBannon said:
HHusky said:
My econ education says that all parties will share the tariff burden to varying degrees depending on many other factors. Apparently the TugCon "winning" argument is that consumers won't bear the entire burden. This argument apparently holds that it's a win if, for example, Ford and GM shareholders also get hurt.
Click to expand...
Youve never met a tax you didn't want raised
This isn't a tax and it helps Americans
Of course you're opposed
Click to expand...
Husky business administration > Geoduck physical education
Sit this one out, Race.
 
WestlinnDuck said:
RaceBannon said:
HHusky said:
My econ education says that all parties will share the tariff burden to varying degrees depending on many other factors. Apparently the TugCon "winning" argument is that consumers won't bear the entire burden. This argument apparently holds that it's a win if, for example, Ford and GM shareholders also get hurt.
Click to expand...
Youve never met a tax you didn't want raised
This isn't a tax and it helps Americans
Of course you're opposed
Click to expand...
The dazzler doesn't even try to hide his America Last views and his last stage TDS affliction.
Click to expand...
Gasbag so yearns for serious discussions.
obviously
 
HHusky said:
RaceBannon said:
HHusky said:
My econ education says that all parties will share the tariff burden to varying degrees depending on many other factors. Apparently the TugCon "winning" argument is that consumers won't bear the entire burden. This argument apparently holds that it's a win if, for example, Ford and GM shareholders also get hurt.
Click to expand...
Youve never met a tax you didn't want raised
This isn't a tax and it helps Americans
Of course you're opposed
Click to expand...
Husky business administration > Geoduck physical education
Sit this one out, Race.
Click to expand...
I'm having too much fun using my high school education to run circles around you
 
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Bob_C said:
Econ does say that. Some will try to pass 100%, it won’t go well for them. My argument all along has been that where there is competition and substitutes, and non urgent decision timelines, your cost of inventory is pretty irrelevant to consumer prices. Most business will cut admin and marketing before they raise consumer prices. In the end this will all be pretty immaterial to aggregate prices because of that.

Bringing in 10m+ illegals who largely don’t work and just consume with printed is far more inflationary than tariffs. Things like food and rent. Even though AOG can find a million academic papers that say immigration is deflationary.
Click to expand...
Undocumented immigrants are more likely to be employed than the population as a whole. There are jobs that basically no American fills in this economy, and those are jobs that no American with alternatives would choose to fill.
 
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HHusky said:
Bob_C said:
Econ does say that. Some will try to pass 100%, it won’t go well for them. My argument all along has been that where there is competition and substitutes, and non urgent decision timelines, your cost of inventory is pretty irrelevant to consumer prices. Most business will cut admin and marketing before they raise consumer prices. In the end this will all be pretty immaterial to aggregate prices because of that.

Bringing in 10m+ illegals who largely don’t work and just consume with printed is far more inflationary than tariffs. Things like food and rent. Even though AOG can find a million academic papers that say immigration is deflationary.
Click to expand...
Undocumented immigrants are more likely to be employed than the population as a whole. There are jobs that basically no American fills in this economy, and jobs that no American with alternatives would choose to fill.
Click to expand...
In the old paradigm of my father’s slow drip illegal immigration to pick the fields I would agree. Which is what all of AOG’s academic papers are looking at to justify it. We all know that Biden’s mass illegals weren’t what those papers were analyzing and applying the learnings from those to Biden’s version is not even close to being honest. Biden’s mass illegals due to the scale and speed of increased demand for consumption of goods and services (funded by govt printed money) far outpaced their contributions to supply. This was part of Biden’s inflation problem. You know I’m right.
 
HHusky said:
Bob_C said:
Econ does say that. Some will try to pass 100%, it won’t go well for them. My argument all along has been that where there is competition and substitutes, and non urgent decision timelines, your cost of inventory is pretty irrelevant to consumer prices. Most business will cut admin and marketing before they raise consumer prices. In the end this will all be pretty immaterial to aggregate prices because of that.

Bringing in 10m+ illegals who largely don’t work and just consume with printed is far more inflationary than tariffs. Things like food and rent. Even though AOG can find a million academic papers that say immigration is deflationary.
Click to expand...
Undocumented immigrants are more likely to be employed than the population as a whole. There are jobs that basically no American fills in this economy, and those are jobs that no American with alternatives would choose to fill.
Click to expand...
Slave wages and unsafe/undocumented working conditions are for the illegal “others” in the world of H and Kelly Osborne. They’re not going to do those jobs as it’s beneath them and their whiteness. Why pay them anything at all and just give them housing and food?
What a pair of out of touch bigots.
 
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Biden's inflation problem was a supply chain/COVID unemployment aid problem, or it wouldn't have been so short-lived and wouldn't have essentially disappeared by 2023. It was transitory, like it or not. The fact it became bad politics to tell people the truth isn't a new phenomenon.
 
Transitory in that the Fed slowed it down dramatically with 5 point increase. I know we disagree on that point though.
 
A great deal of the fields are now picked by machines. We don't need wetbacks. They now take construction jobs etc from American citizens. We can't have that. The are ALL criminals. Every single one. Who hires criminals?
 
Bob_C said:
HHusky said:
Bob_C said:
Econ does say that. Some will try to pass 100%, it won’t go well for them. My argument all along has been that where there is competition and substitutes, and non urgent decision timelines, your cost of inventory is pretty irrelevant to consumer prices. Most business will cut admin and marketing before they raise consumer prices. In the end this will all be pretty immaterial to aggregate prices because of that.

Bringing in 10m+ illegals who largely don’t work and just consume with printed is far more inflationary than tariffs. Things like food and rent. Even though AOG can find a million academic papers that say immigration is deflationary.
Click to expand...
Undocumented immigrants are more likely to be employed than the population as a whole. There are jobs that basically no American fills in this economy, and jobs that no American with alternatives would choose to fill.
Click to expand...
In the old paradigm of my father’s slow drip illegal immigration to pick the fields I would agree. Which is what all of AOG’s academic papers are looking at to justify it. We all know that Biden’s mass illegals weren’t what those papers were analyzing and applying the learnings from those to Biden’s version is not even close to being honest. Biden’s mass illegals due to the scale and speed of increased demand for consumption of goods and services (funded by govt printed money) far outpaced their contributions to supply. This was part of Biden’s inflation problem. You know I’m right.
Click to expand...
Just more of your liéurly armchair philosophy.
100% of Trump's tariffs are paid by American importers.
 
Which is not actually a word but an interesting looking typo which looks like it fits
 
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AOG said:
Bob_C said:
HHusky said:
Bob_C said:
Econ does say that. Some will try to pass 100%, it won’t go well for them. My argument all along has been that where there is competition and substitutes, and non urgent decision timelines, your cost of inventory is pretty irrelevant to consumer prices. Most business will cut admin and marketing before they raise consumer prices. In the end this will all be pretty immaterial to aggregate prices because of that.

Bringing in 10m+ illegals who largely don’t work and just consume with printed is far more inflationary than tariffs. Things like food and rent. Even though AOG can find a million academic papers that say immigration is deflationary.
Click to expand...
Undocumented immigrants are more likely to be employed than the population as a whole. There are jobs that basically no American fills in this economy, and jobs that no American with alternatives would choose to fill.
Click to expand...
In the old paradigm of my father’s slow drip illegal immigration to pick the fields I would agree. Which is what all of AOG’s academic papers are looking at to justify it. We all know that Biden’s mass illegals weren’t what those papers were analyzing and applying the learnings from those to Biden’s version is not even close to being honest. Biden’s mass illegals due to the scale and speed of increased demand for consumption of goods and services (funded by govt printed money) far outpaced their contributions to supply. This was part of Biden’s inflation problem. You know I’m right.
Click to expand...
Just more of your liéurly armchair philosophy.
100% of Trump's tariffs are paid by American importers.
Click to expand...
Sort of true, but misleading.
American Importer: I was paying you $100 per unit, but if I pay a $15 tariff to the US government I can't sell it to make a profit. So, no sale.
Chinese Exporter: I'll eat the tariff and charge you $87. You pay the $13 tariff and your cost remains.
The truth lies somewhere in between. But AOG can't handle the truth. Trump's first round of tariffs with the chicoms didn't result in destabilizing inflation. Biden's Make Inflation Greater Act certainly did.
 
Yeah the clearing price is what gets negotiated. Who mechanically pays the tariff bill is fucking meaningless and funny that AOG thought he made a point.
 
The problem is US importers, that is Americans, will always pay 100% of the tariffs. There is no escaping that despite the Trump adminstration's repeated lies to the contrary.
 
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