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Carlam · 70-79, F
That's a good point. Tariffs can often have the opposite effect by raising prices rather than lowering them. In the case of maple syrup from Canada, if tariffs are imposed, it could increase the cost for both producers and consumers. It highlights the potential downside of using tariffs as a tool to combat inflation. Instead, focusing on supply-side policies or other measures that don't disrupt trade flows might be more effective in the long run.
Reason10 · 70-79, M
@Carlam You don't know what you are talking about. You obviously never took an economics class and have no idea what the Law of Supply and Demand is all about.

The Trump tariffs were used to get certain countries to start enforcing immigration law and stop dumping those animals into the US,bringing Fentanyl with them.

And the countries have caved before the tariffs were actually installed.

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jehova · 31-35, M
@Reason10 money has to come from somewhere the nun feeds you bread and wine provides advice and listens for that donation the hooker feeds you affection, company, and to tell you what you want to hear which includes listening; and well . . . For money. Though not the same its all money for product\service.
@Reason10 The data proves the failure of the Laffer Curve and supply side economics. The fact that you can't counter the data and throw childish insults instead merely proves that I've won the debate. I accept your graceless concession of defeat🤣😂
carpediem · 61-69, M
Tariffs drive investment in our own country. Locally made products are what we're after. If you want to lower inflation, you dial back government spending. One of the ways inflation happens is when the money supply grows too large relative to the economy. That's what happened under the last administration.
jehova · 31-35, M
@carpediem probably double.
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REMsleep · 41-45, F
I don't believe that these few tariffs are the major cause of inflation. It's just the scapegoat.
The government can control alot of causes for inflation which they don't.
Many companies are price fixing these days and colluding and they aren't being called out for it which our government should do also.
AI tools are being used by various industries to price fix and many companies are claiming that they have a right to use industry standard tools.
Agriculture pricing has been fixed. The DOJ sued the AI stats company called AgriStats in 2023 for selling this data to big industrial companies like Tyson, Smithfield Farms etc for violating anti trust laws to keep food prices fair. They can all see in real time what each other is charging and set pricing.
Tyson alone is set to make 2.2 billion this year up from 1.8 billion last year.
That kind of growth doesn't have to do with tariffs.
It has to do with monopolies and price fixing.
jehova · 31-35, M
Thats correct tarriffs make the product cost more for the consumer. Tarriffs are supposed to make domestic products more attractive to the consumer bc those demostic products are cheaper by comparison.
Its unlikely to work but what else do we expect from a post retirement age (con man)
jehova · 31-35, M
@AthrillatheHunt vermont only has so much capacity. Expect maple syrup shortages nation wide.
jehova · 31-35, M
@AthrillatheHunt expect more corn syrup knock-offs.
AthrillatheHunt · 51-55, M
@jehova probably right
redredred · M
In the short run, possibly. In the long run it’ll spur domestic production, lower prices, build American jobs and increase security, both economic and military.
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redredred · M
@Kwek00 I learned long ago that it is a better use of my time to teach algebra to my beagle than to try to teach economics to Kwek00
Kwek00 · 41-45, M
@redredred I'm sorry redredred, I read your responds again... I was wrong. It was so obvious that it just went over my head.

@Kwek00 it’s blindingly obvious. If the Chinese are willing to make a low quality product for less than American mfrs can, the public will buy Chinese. Twenty years later there’s no American manufacturer in that sector. The Chinese mfrs raise their prices because there is no competition. Tarriffs create a more level playing field to re-introduce American mfrs to the sector.

The prices will be lowered by tarriffs, that need to protect American compagnies from producers that produce at lower prices, that make Chinese products more expensive on the American markets.
AthrillatheHunt · 51-55, M
You’re assuming Canada is the only producer of maple syrup. Tariffs open up new markets . We may be buying it from Norway for cheaper .
AthrillatheHunt · 51-55, M
@Carazaa agreed 100% friendship and cooperation are always better .
Prison1203 · 61-69, M
@Carazaa I don’t recall Trump mentioning any tariffs on Sweden so your point is moot like your tariff argument seeing as everyone has caved but it’s still in the air with China but their economy is in the midst of collapse so they can’t afford the tariffs so I’m sure they will also cave
AthrillatheHunt · 51-55, M
@Prison1203 very difficult to get real numbers on Chinas economy from CCP , but you are right .
Entwistle · 56-60, M
Tariffs wil only increase prices.
Also if people start manufacturing the tariffed goods in the USA then they will charge nearly as much as the imported goods. A tee shirt that cost 8 bucks before a tariff now becomes 12 bucks when imported .an American manufacturer starts to make them and charges 8 bucks..so the consumer gains nothing even if he buys locally made.
Prison1203 · 61-69, M
@Entwistle I guess don’t under the concept that the guy purchased a lot of shirts at the $8 price point and then that company tried to o er charge him $12 per shirt after the tariffs which have Ben paused. Btw so he cancelled the tariffed order and bought locally and saved money. You really are a helmet wearing window licker aren’t you
Entwistle · 56-60, M
@Prison1203 Dude perhaps you shouldn't drink on an empty head?
22Michelle · 61-69, T
@Prison1203 You're assuming the local supplier will continue to sell at $8. If the imported t-shirt is $12 then the local supplier can easily increase prices go $10-11 and increase their profits. That's what you call Capitalism!
Blackie · 51-55, M
😁 then that would mean that New England based maple syrup companies would enjoy the rise in revenue which should prevent the Canadian company from increasing prices to stay competitive if they do Smaller upcoming competitors would inadvertently get the chance to break into the market. There’s always someone competing. Stop fear mongering
@Reason10 says
hose companies are merely following the rules of tax laws legislated by DEMOCRATS.
Oh really?? Democrats write all the tax laws?? The Reagan & Bush & Tяump tax cuts are mere mythology??

The Economics concept is called the Laffer Curve
The fundamental prediction of the Laffer Curve was that cutting tax rates would increase tax revenues. In 40 years of supply side economics, that has NEVER EVER happened.


Look at the bottom curve. The ONLY time net income tax revenues increased was during the Clinton admin. Because Clinton RAISED taxes in 1993; top rates went from 31% to 39.6%; corporate rates from 34% to 36%.

The other big prediction that goes along with the Laffer Curve is that tax increases will damage the economy. Again, the Clinton admin proves that claim is also false. Clinton alone produced a booming economy, low unemployment, and BALANCED BUDGETS. Clinton succeeded, voodoo economics FAILED.
@sunsporter1649 What makes you think this is happening at all, and why are you so desperate to change the subject away from the failure of voodoo economics??
sunsporter1649 · 70-79, M
@ElwoodBlues Yes, we know, gubberment is incapable of FUBAR, right?
@sunsporter1649 So you can't support the claims you are desperately making to change the subject away from the failure of voodoo economics??
Costs go to consumers, it's a regressive kind of tax.
But plans to cut costs, plans to make our lives affordable - end right there, pal! I dare you to try to make the solutions,- obvious solutions to me,- part of this discussion! NEVER ever,! That's not done.
whowasthatmaskedman · 70-79, M
Yes. I would think that was totally obvious. But someone has to pay for those tax cuts to the rich. I am afraid that the way America runs is now FUBAR and wont be fixed until there is some "discontinuous change"😷
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@Reason10 says
Tax cuts do not have to be paid for.

Is this your way of telling us you have no clue where deficits come from🤣😂
whowasthatmaskedman · 70-79, M
@ElwoodBlues Yeah. Only democrat deficits have to be paid for. Just print more dollars..😷
Gibbon · 70-79, M
There's plenty of maple syrup available from all parts of New England.
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Except this isn't really F anyone's I. It's f people who are going to scoff at the possibility of the obvious and imminent and then point the finger at DEI policies when it all comes crashing down around them. So... FYSATPOTOAIATPYFADEIPWIACCDAY. I like how the rolls of the tongue
JimboSaturn · 56-60, M
It's a tax on the consumer.
JimboSaturn · 56-60, M
@redredred Agreed
Carazaa · F
@redredred We will see increased gas prices and groceries prices etc shortly if tariffs go into effect. Its obvious!
NBC news

President Donald Trump said this week that tariffs on U.S. neighbors Canada and Mexico will arrive Saturday. The two nations are not only close geographically, but economically as well.

The business between the North American nations now exceeds China, totaling $1.8 trillion in 2023. That is far greater than the $643 billion in commerce that the U.S. did with China in that same year.

Following are just a few imported goods that could be hit first.
redredred · M
@Carazaa so, your thought is that if we begin again to maximize US oil and natural gas production, gas prices will rise? Also, if we reduce fuel costs for farmers and agricultural products truckers, food prices will rise? Have you thought this through?
HumanEarth · F
How about make importing goods in and out USA illegal?

Make USA independent by itself
HumanEarth · F
@whowasthatmaskedman

USA used to be independent
whowasthatmaskedman · 70-79, M
@HumanEarth America used to de a world leader. Now its a robber baron...😷
HumanEarth · F
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MasterLee · 56-60, M
For who?

Want to raise cash, eliminate churches 501c3
Reason10 · 70-79, M
@MasterLee Raise taxes on churches?

Nice going, ADOLF.

That increased revenue would be quickly eaten up by your WELFARE STATE.
MasterLee · 56-60, M
@Reason10 Adolf? Hmm
Reason10 · 70-79, M
You do not know what you are talking about.

Inflation is a matter of the MONEY SUPPLY. It's too many dollars chasing too few goods.
Inflation can ONLY be created IN Washington, BY Washington.

https://www.heritage.org/budget-and-spending/heritage-explains/the-real-story-behind-inflation

Milton Friedman famously said: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” Of course, we all know the driver of the quantity of money is government spending priorities, and recently the government has been spending a lot. So what does that mean for the American people? On this episode, we talk about the basics of inflation, what it means for your pocket book, your gas tank, and your grocery bill. This episode shows what happens when too many dollars chase too few goods.
Reason10 · 70-79, M
@Carazaa If we decide to buy Canadian maple syrup. If we decide to buy domestic made syrup, we save money and Canada loses the sale. That's how the FREE MARKET WORKS. People are FREE to look for alternatives.
whowasthatmaskedman · 70-79, M
@Reason10 Thats precisely how it works. Except maybe that the Canadian product may be the cheaper alternative pre tariff. So the consumer does end up paying more buy buying the US alternate. And thats inflation..😷
whowasthatmaskedman · 70-79, M
@Reason10 Well. No..The reason the US is Trillions in debt (and I regard it as progress that people are finally noticing this) is that America consistantly imports more $ value in goods and services than it exports. And I might add a lot of the government speanding that exceeds revenue (taxation) collections.Another squadron of F35s? Sure! Put it on the tab...😷
Entwistle · 56-60, M
Canada should stop all fuel exports to the USA. Announce that this situation will remain until Trump is dead.
whowasthatmaskedman · 70-79, M
@sunsporter1649 Your point being??? Do you actually understand what these numbers mean in terms of American production and American needs?😷
redredred · M
@whowasthatmaskedman I got it a long time ago and am getting a bit tired of explaining it to you. The US has ZERO need to ever use a drop of petroleum from Canada, ZERO. There might be a commercial advantage for some of it but we got along just fine for decades without it and will in the future. Canada has a much greater need for a market than the US does for a Canadian source.
sunsporter1649 · 70-79, M
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sunsporter1649 · 70-79, M
@Carazaa Everything kindly old dictator biden wanted like letting every murderer, child trafficker, and drug runner a get into amerika free card?
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Prison1203 · 61-69, M
@Carazaa then explain the rise in illegal immigration by the millions during his time in office. 7.2 million and that doesn’t include the got aways and the undetected ones so I’d venture to say that number goes up to nearly 8 million
Reason10 · 70-79, M
Inflation is caused by too many dollars in the money supply. Too many dollars weakens the purchasing power of the dollar.
Too many dollars in the money supply is caused by DEMOCRAT WELFARE SPENDING.

Tariffs have NOTHING to do with the money supply.
@Reason10 And suppose every retailer everywhere decides to hike their prices %25 w/the same number of dollars in circulation. What would you call that?
carpediem · 61-69, M
@ImperialAerosolKidFromEP That doesn't happen. Maybe think for just a moment. The distribution of goods in the US flows through many hands. Most retail products are bought with margins in the 20-50% range. A tariff of 25% on wholesale goods does not relate to a 25% increase in retail prices. In addition, China has already been tariffed. They manipulated their currency to offset the tariffs and continued to sell into the US market. I suspect they will continue that course of action.

Canada will acquiesce and agree to better trade terms to reduce or eliminate the tariff. Most products we buy from them can and will be made in the US if the Canadian equivalent gets too expensive. They are seriously at risk.
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Prison1203 · 61-69, M
@Carazaa poor babies can’t handle getting fired
Carazaa · F
@Prison1203 God is listening to your words. God is our judge. May God have mercy on your soul!
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