No Avator,
Financially Naive Policy making …. creating higher prices and reduce trade.
Consumers mostly EAT this cost. There’s a reason why tariffs deepened the Great Depression ….. this is basic Economics 101.
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Tariffs Explained - Pyramyd AIR Insyder
- Thread starter Airgun Nation
- Start date
Financially Naive Policy making …. creating higher prices and reduce trade.
Consumers mostly EAT this cost. There’s a reason why tariffs deepened the Great Depression ….. this is basic Economics 101.
Yep, Smoot-Hawley Tariff Act was actually the tipping point from a recession to the Depression.
I keep pointing out that broad based tariffs have never worked. Just look at the Brazilian economy. They have severely limited their economy with all of their tariffs and manufacturing requirements.
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Yeah Avator,Pretty much.But either way.. I stand behind what I said.
You pretty much always have something insightful to say
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This has been the problem with the implementation of these tariffs. What is the end goal ? Just broad based tariffs in general or a negotiation tool toward better deals ? It has seemed both at times and completely unclear
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Mercurial, petty and ignorant.
The problem is the person implementing them has no real appreciation of the effects. Ego driven and just pulling the levers of power to punish those he thinks have offended him in some way. Prime example the executive orders targeting law firms.
For the most part the effects are felt in the low and middle income sectors. The consumer class. Those that actually are the core of the economy.
The investor class are pretty much immune to the effects as they just move their money into devices that are protected from inflation or blue chips and wait for the market to settle.
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Was going to buy a Harbor Freight (Bauer) Jointer that was $279 for the past two weeks. Was waiting for a 20% off coupon.Couldn't have said it better.
Today, was notified there was a 25% coupon deal ..... yeah
.Unfortunately, HF raised the price on the jointer to $329 in the last few days - That's an 18% increase, likely from tariffs.
Buckle your seat belts ...............
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Wait... I didn't think the tariffs were in place yet.. am I wrong? Have we imported stuff into the country that have tariffs applied yet? Are American retailers jacking up the prices on old stock prematurely? Is that even legal or is it considered gouging?
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But that is exactly one of the reasons that broad based tariffs do not work. Domestic suppliers, regardless whether they are affected, will take advantage of the situation. Counting on consumers blaming the tariffs/government. Read some of the press releases, they quite often do not state their costs went up, only that they are raising prices because of tariffs.
And if tariffs go away prices will drop but, as gasoline prices demonstrate, only drop around 70-75% of the increase.
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Point taken but that don't mean I have to sit in it. The one thing I have total control over is how I respond to things around me that are out of my control.
The saying goes... life is too short... that is unless you let it make you miserable... then it gets REALLY long.
The saying goes... life is too short... that is unless you let it make you miserable... then it gets REALLY long.
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When our Liberal Gov policy OVER Tax and Regulate business there are force to go to a different state or county. Like I said I blame the voters and gov that create this anti-friendly business policy.
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Most liberals/Hollywood buy Apple products and they call themself champion advocate anti-slave wages. What a hypocrites.
All manufacturing jobs are worth save small or large. So does that excuse us from saving America manufacturing jobs....NO. Screw China
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Yes, a positive attitude is everything ........... I avoid drama and try to stick with the facts. Nothing like a good defense ...........
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