Tariffs Worked “Spectacularly Well”

[AOG]

"The Impact of the 2018 Tariffs on Prices and Welfare" (Mary Amiti, Stephen Redding & David Weinstein, Journal of Economic Perspectives, 2019)

This study finds that U.S. importers in 2018 passed through nearly the full cost of Chinese tariffs onto U.S. consumer prices, leading to substantial price increases for intermediate and final goods. The research underscores how tariffs directly feed into domestic inflation.

 

[AOG]

https://www.aeaweb.org/articles?id=10.1257/jep.33.4.187

 

[Sledog]

I want a study by a PhD showing any point argued to the effect that tariffs of 15% don't drive up inflation or fuck off!!!!

Studies by persons not holding PhD or some lunatic fringe podcast won't cut it. I want the numbers on my desk by end of day!!!

How many EU manufactured dildos do you order per year?

 

[AOG]

I prefer actual data and history versus studies that refute everything that was taught in the first week of Econ 101.

lame and you know it

 

[EverettChris]

You’re all arguing with a literal idiot.

 

[AOG]

I want a study by a PhD showing any point argued to the effect that tariffs of 15% don't drive up inflation or fuck off!!!!

Studies by persons not holding PhD or some lunatic fringe podcast won't cut it. I want the numbers on my desk by end of day!!!

How many EU manufactured dildos do you order per year?

give the sex shop import prices due to tariffs or fuck off!

 

[haie]

Just shut it retard. You were wrong and you love taxes anyway. Tariffs are not a tax nor are they borne by the consumer but you love to revel in your ignorance.
Maybe CWU can give you a refund because you're still dumb as a rock

So, let's see your studies that show tariffs are not a tax and not borne by the consumer. I need numbers, and not faux scientific handwaving.

You've been shown all this
And you support more taxes anyway
Tariffs are working. Great trade deals are being made and jobs are coming back to America
Every time you make the same wrong post you sound more retarded

I have a full set of teeth and I'm not retarded. The economic reports I have read all predict the tariffs will impact inflation. I challenge you to find some real economist (with a PhD, not some nut you can find on far right news podcasts), that gives the NUMBERS and the resulting analysis.

I read a tweet last night that was laughing at the fact that "An 80+ year old TV star and his team of Alabama undergrads are running circles around all these econ PHD's"

 

[AOG]

All you assholes can do is make straw man or ad hominem arguments (look it up), or post something you heard that was funny. You have no actual study or data to fall back on. That's my point. You're living in a faux FOX trump delusional world. That's all.

 

[RaceBannon]

Highly educated lol

 

[UW_Doog_Bot]

Tiresome.

 

[Bob_C]

I prefer actual data and history versus studies that refute everything that was taught in the first week of Econ 101.

lame and you know it

We had under 2% inflation in the years following the tariffs that consumers supposedly paid for. I’m cool with that.

So either that’s bullshit or Trump saved us from deflation. Let us know.

 

[Bob_C]

All you assholes can do is make straw man or ad hominem arguments (look it up), or post something you heard that was funny. You have no actual study or data to fall back on. That's my point. You're living in a faux FOX trump delusional world. That's all.

I’ve been in consumer products that cross borders business for 20 years. I should read more studies though is what I’m taking from this.

 

[AOG]

All you assholes can do is make straw man or ad hominem arguments (look it up), or post something you heard that was funny. You have no actual study or data to fall back on. That's my point. You're living in a faux FOX trump delusional world. That's all.

I’ve been in consumer products that cross borders business for 20 years. I should read more studies though is what I’m taking from this.

I'll give you credit… you've got more brains that the rest

 

[RaceBannon]

Bob probably does but everyone here has more brains than you since we've been telling you the same thing

 

[Sledog]

All you assholes can do is make straw man or ad hominem arguments (look it up), or post something you heard that was funny. You have no actual study or data to fall back on. That's my point. You're living in a faux FOX trump delusional world. That's all.

You've bitched about tariff inflation this whole time. We have tariffs now show us the inflation! Show your math Squiggy! Being a TV star this should be easy for you!

 

[Bob_C]

Prices are set by what the consumer will pay, end of discussion. I’ve had a million MBA’s pitch MSRP’s on new products that are just derived from the cost of inventory to hold or improve margins. I always reject those as I know it’s not the right answer.

 

[haie]

Good to know that when arguing with people that have to actually solve real problems in this exact space, AOG admits that she just parrots her usual Seattle memes and doesn't at all know wtf she's talking about.

 

[Fire_Marshall_Bill]

The inflation of 2022 was way worse than the doomsday inflation from the 2018 or '19 Chinese tariffs. Shutting down the world continues to be a retarded decision that Mr. PhD probably cheered.

 

[AOG]

OK!

It's 5pm. I demanded any legit study that showed that tariffs don't cause inflation. I see nothing. (There was a post titled 'Debunked' but despite its promising title was COVID-19 disinformation.) I win this debate.

 

[Bob_C]

Check your dms.