Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: InterceptPoint
Our standard of living goes down immediately when tariffs are imposed.

Who is "our"? If Apple opens a new production facility in the USA and employees a 1000 people does their standard of living going down? If the trade deficits and federal deficits are zeroed out thru tariff revenue and interests rates naturally go up then do savers benefit? Your myopic arguments ring hollow.

In case you didn't know the definition of inflation is " too many dollars chasing to few goods".

153 posted on 05/08/2016 6:31:58 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 151 | View Replies ]


To: central_va
Who is "our"?

Raise the price of your next iPad by $100. You lose. That's who the "our" is. It's you and me.

Multiply this by the tens or hundreds of thousands of items that Trump/Sanders would tax and you will see who "our" is. It's everyone.

Who would benefit: 1000 new Apple employees and Washington DC. True enough.

Who would lose: Everyone else.

156 posted on 05/08/2016 6:38:46 AM PDT by InterceptPoint (Still a Cruz Fan but voting for Trump)
[ Post Reply | Private Reply | To 153 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson