Who pays for tariffs update

You can tell who is paying the tariffs just based on reactions. Buck and H insist that they want consumers to pay for them for some reason.
I'd rather pay for Tariffs than Zelenskyy's maybach
 
Had a small Chinese vendor cave and eat it most of it also.
 
There’s no other correct answer than it is a tax on the consumer. Period.
Is that what you've been told?
I mean it’s fact. The same reason you guys don’t want to raise minimum wages because it will raise the price of goods also applies here. That increase gets passed to the consumer.

People can buy goods made in America right now if they want to. They choose not to due to costs.
 
"Tariffs are a tax on consumers, and I'm not a fan of jacking up taxes on American consumers, so my hope is these tariffs are short-lived, and they serve as leverage to lower tariffs across the globe," Cruz told Fox Business host Larry Kudlow.
For all the Republican "Gentlemen": Heidi Cruz's looks are fair game again.
 
Last edited:
There’s no other correct answer than it is a tax on the consumer. Period.
Is that what you've been told?
I mean it’s fact. The same reason you guys don’t want to raise minimum wages because it will raise the price of goods also applies here. That increase gets passed to the consumer.

People can buy goods made in America right now if they want to. They choose not to due to costs.
Raising the minimum wage makes people lose their job
Next
 
“What means something is if you look at trade deficits in proportion to prosperity, the higher the trade deficits, the more prosperity. The lower the trade deficits, the less prosperity. We get a reduction in trade deficits when we go into a recession. We get an expansion of trade deficits when we’re in a boom. So really nothing about a trade deficit gives any real useful instruction to the economy.”
You know, when Rand is right, he's right.
 
So we should just run up larger and larger trade deficits every year and that guarantees boom times.
Ok.
We've got large trade surpluses in services. I'm gonna guess you don't wish you lived in China or Vietnam just because we are in deficit with them when it comes to Walmart T-shirts.

MSN
Comparative advantage? Adam Smith? Ring any bells?
 
Last edited:
So we should just run up larger and larger trade deficits every year and that guarantees boom times.
Ok.
We've got large trade surpluses in services. I'm gonna guess you don't wish you lived in China or Vietnam just because we are in deficit with them when it comes to Walmart T-shirts.

MSN
Comparative advantage? Adam Smith? Ring any bells?
Explain why reciprocal tariffs are contrary to Adam Smith’s free market writings
 
Renowned economist H is back in ECON 101 with his basic-level knowledge of Adam Smith’s beliefs.
 
So we should just run up larger and larger trade deficits every year and that guarantees boom times.
Ok.
We've got large trade surpluses in services. I'm gonna guess you don't wish you lived in China or Vietnam just because we are in deficit with them when it comes to Walmart T-shirts.

MSN
Comparative advantage? Adam Smith? Ring any bells?
Explain why reciprocal tariffs are contrary to Adam Smith’s free market writings
You could reconcile reciprocal tariffs with Adam Smith’s work, I would think. But you’re not operating under the delusion that Daddy’s tariffs are actually reciprocal I hope.
 
When Daddy pretends he won something and stops this nonsense the stock market will rally?
No shit!
 
Back
Top