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2025-03-06 Economy
Tariffs Are Wealth Destroyers
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Posted by DooDahMan 2025-03-06 04:54|| || Front Page|| [11183 views ]  Top

#1 The tariffs will marginally raise the price I pay for some consumer goods. I will, instead, buy other goods or keep my money. The price increase I pay for eggs and chicken caused whatever Fauci cooked up in a lab is more significant. Tarries are a big wealth destroyer for some people I don’t necessarily care for.
Posted by Super Hose 2025-03-06 06:15||   2025-03-06 06:15|| Front Page Top

#2 Basic choice -
Low or no tariffs which exports labor to other countries and fund a large government bureaucracy for a large unemployed population paid by higher taxes
or
Matching or higher tariffs which means paying higher prices in the market, but less unemployment and size of government welfare.
Posted by Procopius2k 2025-03-06 06:43||   2025-03-06 06:43|| Front Page Top

#3 Does anything think Afrikan locals pay the same for as Americans for hunting lodge or hotel accommodation? No, they stick it to wealthy Americans. Doesn't happen when they come here, I can assure you.
Posted by Besoeker 2025-03-06 08:05||   2025-03-06 08:05|| Front Page Top

#4 Tariffs could play a significant role in an already shaky housing market
Posted by Skidmark 2025-03-06 08:52||   2025-03-06 08:52|| Front Page Top

#5 more data
Posted by Procopius2k 2025-03-06 10:43||   2025-03-06 10:43|| Front Page Top

#6 That Honda production that they just moved from Mexico to the US will help.
Posted by Crusader 2025-03-06 10:59||   2025-03-06 10:59|| Front Page Top

#7 Tariffs are "friction" that impedes the flow of trade in a perfect world. So does corruption, taxes and the fact that goods do not magically change hands ...welcome to the Real World™.
Posted by magpie 2025-03-06 11:49||   2025-03-06 11:49|| Front Page Top

#8 All Chinese industry is state supported.
Posted by Grom the Affective 2025-03-06 12:13||   2025-03-06 12:13|| Front Page Top

#9 Absolute BULLSHIT - America's Golden Era in the 19th Century was funded via Tariffs. Prior to Windrow Wilson, 1800-1913, America didnt have an income tax and we were still flush with money. We built the Panama Canal from tariff money, not income tax.
Posted by mossomo 2025-03-06 13:46||   2025-03-06 13:46|| Front Page Top

#10 One of the reasons we have the income tax is that prohibitionists realized that much of Federal income came from excise taxes on liquor. So they needed an alternative source.
Posted by Rambler 2025-03-06 13:50||   2025-03-06 13:50|| Front Page Top

23:24 Crusader
22:17 Crusader
20:40 SteveS
20:37 Snakes Thrumble3930
20:37 Snakes Thrumble3930
20:28 Procopius2k
19:54 Elmerert Hupens2660
19:27 Frank G
19:18 badanov
19:06 Difar Dave
19:06 trailing wife
18:42 European Conservative
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18:27 Frank G
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17:28 European Conservative
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16:36 Besoeker
16:29 swksvolFF
15:53 Elmerert Hupens2660
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