I have never argued that tariffs don't hurt us far, far more than China. You claimed it didn't hurt them at all. I quote, "The tarriffs themselves...
[IMG]
Yep. & you answered they they would hurt us.
wait, so tariffs can hurt producers? [IMG]
why would they hit us with tariffs if it will only hurt them?
But even if they could pass the full cost on, they’d be selling less unless every demand curve is perfectly inelastic i
Unless you have perfectly inelastic demand, you CANNOT pass 100% of the price on. How are they "charging more"? the price the consumer pays does...
all I needed to show was that it was not 0. Your own post shows that increased prices are not the only affect.
IMO, attacking drugs from the supply side almost always leads to worse problems. The iron law of prohibition is a term coined by Richard Cowan in...
you're not wrong, but it is an "all else =" arg. & Trump at least thinks he can attack supply in other ways. Of course, higher prices will also be...
put a tariff on fentanyl. Problem solved.
An interesting effect of the tariffs is they should increase auto insurance
fyi, inelastic = 0 [IMG]
I think you mean good that have elastic demand. BTW, that is all that is needed to show that your statement was incorrect. What goods that are...
1. how are they going to achieve hiring on merit & who determines it? You think the absence of DEI = merit. Demonstrate it. 2. why would people...
you seem to have changed the subject & you seem to be arguing against pts I have not made. I was responding to this:"It does nothing but increase...
that is not true. It will also reduce foreign supply & the equil Q will be reduced. demand curves are downward sloping. higher prices = lower...
that is incorrect. they will hurt both countries. I think the only way your second sentence could be true is if demand was perfectly inelastic,...
Good strategy....maybe https://www.wsj.com/economy/trade/canada-mexico-want-america-to-feel-the-pain-of-tariffs-too-f8119ccd?mod=hp_lead_pos1...
WSJ has at least 3 pieces slamming the tariffs. Whouda thought that Trump being a Leftist tough guy would be such a turn on for the Pubs....
