Posted on 04/04/2025 1:55:22 PM PDT by E. Pluribus Unum
Much like every other major story, the dying news media have managed to take a really interesting topic and thoroughly dumb it down to a limited set of monotonous slogans. In this case, variations of “tariffs hurt working people the most” and “the cost is passed onto consumers.”
NBC News: “Trump’s new tariffs will hit lower-income households the hardest.”
Associated Press: “Companies buying foreign products pay the tariffs imposed on them — and, as a result, face higher costs that are typically passed on to customers.”
USA Today: “[S]ome economists predict Americans will feel the pain – at least in the short term – and low-income Americans most of all.”
CNBC: “Trump’s tariffs are expected to raise consumer prices …”
Me no like tariff! Tariff bad!
Nobody needs an advanced economics degree to know that’s not all there is to say about the Trump administration’s tax hike this week on companies importing their products to the U.S. A new tariff doesn’t necessarily mean a price increase for consumers, but if it does, that’s not where it ends. Many things could happen. Some or all of them will.
President Trump on Wednesday announced mixed “reciprocal” tariffs on effectively all of America’s trading partners, other than Canada and Mexico, with the White House calling them a “national security” measure intended to level out trade deficits and simultaneously relocate manufacturing industry to the U.S.
Nobody knows for sure what will happen, even as the dying media are dead sure that prices will surge and that the only effect that matters is that people are going to be paying more for basically everything.
Okay. And then what? They don’t say, because either they don’t...
(Excerpt) Read more at thefederalist.com ...
Not spoken by the media “The 18 to 20pct inflation between 2020 to 2024 is a tax”
It’s no lie. The purpose of tariffs is to raise the prices of imported goods in order to force consumers to buy non-imported goods.
TRUMP WANTS JOBS BACK IN AMERICA
bookmark
Just how many low income people will be buying BMWs, Audis or Mercedes .... just more Marxist State Media BS.
It’s no lie. The purpose of tariffs is to raise the prices of imported goods in order to force consumers to buy non-imported goods [at some portion of the newly and artificially increased price that now includes some part or all of the tariff.]
There, the whole of it. To say that tariffs do not increase prices to the consumer is more than an economy with the truth. Simply put, it is bull shit and they can sell it someplace else.
Most have very short memories if any memory at all. We actually used to Produce and Manufacture everything, but somebody thought it would be stylish to outsource virtually everything to every third world country with slave wages while our citizens go unemployed as the businesses close down and move.
I keep saying it...they act like everything we buy comes from overseas.
VICTOR DAVIS HANSON ON TRUMP’S TARIFFS
6 MINUTES OF COMMON SENSE & LOGIC VS. THE LIES OF THE LEFT.
https://www.youtube.com/watch?v=JrTBU7Nsdus
PLEASE...PLEASE SHARE THIS ONE!
If the price of a BMW goes up, then by a Ford or a Chevy. Your price will only go up if you insist on buying the BMW.
-PJ
what does shipping stuff halfway around the world vs making at home do for global warming?
eh lefties?
Not true. The price of the bmw with elevated price by tariff provides headroom to raise the price of the domestic product. You will pay more for a domestic product. No maven of industry is going to let an opportunity like that go by without at least trying to make more money.
-PJ
Most of the imports that will be subject to tariffs are not essential products.
I believe that if we can’t buy them, we won’t starve to death.
Our 3.3 trillion of annual imports reflect only 11% of our total gdp. So, it is only this 11% that are impacted by the argument that tariffs will inflate prices.
Record corporate profits, stock buybacks , executive billionairs. Tariffs tax corporate profits. They can afford them. Should have 100% tax on corporate stock buy backs.
Because they aren’t selling, they have too many of them.
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