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I was pretty sure you didn't have the opportunity (or desire) to go to college.
Didn’t have to go to college , did two years of college and went to a technical school .
I retired from a good trade after 40 years at it ….today I teach engineers in retirement one day a week as a motor control and variable frequency drive specialist.
All irrelevant in this discussion. It adds nothing to your argument of thinking you know what’s coming next either with the results of the fed tightening or whether their tools will be enough for them as we discussed earlier
Last edited by mathjak107; 01-17-2022 at 02:40 PM..
It doesn't seem like the trade war is hurting china.
Or the decoupling.
1. It's not about hurting China. It's about helping the U.S. Or more specifically, helping U.S. blue collar workers. Blue collar manufacturing jobs were exported to other countries at a rapid pace, beginning in the 1990's.
2. This is a political issue, not a macro economic issue. You can argue that U.S. GDP has not suffered from the loss of manufacturing jobs, and that may be true. However, the people who lost jobs because their local factories closed do not have stock portfolios where that loss is offset by gains in other sectors.
you bringing up “producers” shows you lack functional knowledge of how it works and who actually pays.
Once again, you show us your lack of understanding of where the burden of taxes & tariffs fall.
Let's see if you can get this one right: most US states have sales taxes on most goods. When a housewife goes to the grocery store to buy taxable items, who pays the sales tax?
Once again, you show us your lack of understanding of where the burden of taxes & tariffs fall.
Let's see if you can get this one right: most US states have sales taxes on most goods. When a housewife goes to the grocery store to buy taxable items, who pays the sales tax?
We pay it to the merchant who collects it from us and passes it onto the taxing authorities
Once again, you show us your lack of understanding of where the burden of taxes & tariffs fall.
Let's see if you can get this one right: most US states have sales taxes on most goods. When a housewife goes to the grocery store to buy taxable items, who pays the sales tax?
The importer of record pays the duties, taxes and tariffs. It’s an easy question to answer for those with even a basic understanding of international trade and logistics. How and if it gets redistributed is another question just as with the sales tax scenario
The company I retired from manufactures in China ….all tariffs and fees are incorporated in the pricing to the buyer
That’s because in the overwhelming majority of situation it’s the importer who is responsible for it not the manufacturing side. They may bundle the pricing to making it easier or you pay when the shipment hits the US. Sometimes customs brokers/tpl company’s front the money but that’s getting in the weeds
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