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To: TBP
Free Traitors™ need to quit acting like you need to educate Patriots in economics. We understand economics WAY more than you realize.

Protectionist, (Patriots) understand that a tariff will increase prices initially. We get it. WE WANT THAT.

It's a one time inflation due to higher labor costs in the USA. Again, we understand the economics at play. We are not stupid. But the payoff from higher import tariffs comes in lowered social costs and higher quality products. We are willing to pay more for a strong viable industrial base. I WANT TO PAY MORE.

Tariffs also reduce the budget deficit.

What Free Traitors™ want you to believe is that the supply function is static and no new domestic suppliers will EVER come on line. Despite their best efforts brand new factories are still being built in the USA all the time. Not as many as are closed mind you but the situation is dynamic and not static. With more domestic supply will mean pressure to reduce prices.

12 posted on 06/11/2018 2:10:03 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va

It’s not the short-term effect that is damaging, it’s teh long-term effect.

https://www.history.com/news/trade-war-great-depression-trump-smoot-hawley

https://fee.org/articles/the-smoot-hawley-tariff-and-the-great-depression/

https://www.daveramsey.com/blog/what-are-tariffs

https://www.washingtontimes.com/news/2017/jan/5/the-problem-with-tariffs/

http://www.businessinsider.com/trump-trade-war-tariffs-study-on-economic-impact-lost-jobs-2018-4

https://www.investopedia.com/articles/economics/08/tariff-trade-barrier-basics.asp

https://www.thoughtco.com/the-economic-effect-of-tariffs-1146368


16 posted on 06/11/2018 3:04:47 PM PDT by TBP (Progressives lack compassion and tolerance. Their self-aggrandizement is all that matters.)
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