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Notice how so many liberals are so up in arms over the cost of Chinese goods going up and the affect on the cost to consumers; meanwhile, most of them want to increase corporate taxes on US companies which will increase the cost to American consumers.
hey..if the cost of imported goods become that high then maybe, just maybe "made in the USA" might make a reappearance ? Think of all those new, skilled jobs that would re-appear if the US got back into the production business.
The average Joe doesn't understand that THEY will be paying the tax through higher prices. Corporations will set pricing to maintain their margins.
One thing that gets me is the suggestion of a "Financial transaction tax". It seems as if the idiots suggesting this policy don't have a clue. If you start taxing an activity you will have less of it. They claim "High frequency trading" is bad. It couldn't be further from the truth. The more participants in a market the more liquidity. These idiots think the HFT's are harmful when in fact they are providing liquidity to prevent large market swings. If you doubt this watch the futures markets during a major news announcement. Generally liquidity dries up before announcements and the bid/ask spread widens and there is nobody to take the other side of a trade.
Of course not. But at least they admit they're communists.
Republicans pretend to be capitalist but are just as commie as Democrats.
It's the one thing I like to give Team Blue credit for: they get out their lube and go to work to a poster of Marx out in the open. Team Red waits til after dark in the confines of their own homes and then uses Marx as "inspiration".
Come out of the closet for Trotsky, Team Red. We all know you want to.
There is an enormous difference between a temporary tax implemented Implemented by Trump for specific purpose than a permanent tax championed by Democrats where the only purpose is to generate more revenue.
The only way Trump's tariffs are going to be temporary is if he is replaced by someone else who eliminates them.
Notice how so many liberals are so up in arms over the cost of Chinese goods going up and the affect on the cost to consumers; meanwhile, most of them want to increase corporate taxes on US companies which will increase the cost to American consumers.
TDS prevents rational thought.
The thing is they are projecting. Inflation rose less than 2% in the last year. If the cost of goods is going up 1000s per household the inflation would be far higher.
The Chinese have manipulated their currency enough to offset the tarrifs. All we have to do is lower our interest rates and lower the employment taxes and viola, the playing field is reset.
Quote:
Originally Posted by TMSRetired
hey..if the cost of imported goods become that high then maybe, just maybe "made in the USA" might make a reappearance ? Think of all those new, skilled jobs that would re-appear if the US got back into the production business.
That's the idea!
These socialist SFB (Pick your acronym here SFB - What does SFB Stand For?)
monetary midgets don't have a clue how the economy works. They just pretend to.
I wonder if AOC, with her degree in finance, understands that giving a $2B tax break doesn't mean there's $2B free cash. What a maroon
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What a maroon
