www.breitbart.com
Denying economic reality doesn't alter the reality.
If I read the article correctly it explain how rare it is for the consumer to bear all of the additional costs. Maybe you should read the article again.
Fvck Starbucks.Ocasio-Cortez Roasted over Take on Colombian Tariffs, Coffee Prices
Alexandria Ocasio-Cortez's take on how tariffs on Colombian goods may lead to higher coffee prices for Americans left a burnt and bitter aftertaste for many.
You'll get no argument from me that the consumer doesn't always have to pay "all" the cost; oftentimes the seller eats some of the price increase in a desperate attempt to keep market share. I'm making an economic point, not a political one. And economics says the citizens of a country imposing tariffs pay the brunt of the cost. AOC is correct in making that economic point. As a politician she is seriously flawed.
You and AOC are made for each other. Next thing you know you will be complaining about the price of eggs and why Trump hasn't solved that in a week.
There is no need for the acrimony. Economic reality doesn’t play favorites based on which political team defies it. Anyone who thinks a 25% tariff on Columbian coffee would not cause a price increase in Colombian coffee is thinking incorrectly about the economics involved.
Have you looked into what illegal immigration is costing you from an economic standpoint?
The point is the citizens rarely bear the brunt of tariffs. And your point about the marginalized is true. But the marginalized have always and will always be affected more.
Well, yes, of course it could be worse. In this case the tariffs were not imposed. The economic point (made by most economists) is the citizens almost always bear the brunt of tariffs. It’s absurd to think otherwise. The “political” point I have made frequently on this board is authoritarian policies almost always work until they don’t. Usually the point where they quit working comes hard and fast. And when that happens the generally accepted “political” conclusion is the policy quit working because it wasn’t authoritarian enough. Politicians love to have authority!
The economic reality is nothing changed since the tariffs were not imposed.
Tighten yer seatbelt Dan. Yer about to experience some turbulence.
Dan's hookah is his utopia. Hittin it hard before the knock on his door. The no knock "knock". 😁
My talk on this thread has been 100% about economics, not politics. Trump scored a wonderful political victory against a country that is considerably weaker than ours. Give him props for his victory. That doesn’t alter the reality that had Columbia not backed down and the tariffs had been imposed Columbian coffee would have cost more. For all her political miscues - and they are legendary - AOC was correct that a 25% tariff would have raised prices. All the hatred you can muster against AOC (and me) would not alter that outcome.
Why yes, Dan, I have. But I really don't have to look when the astronomical figures are regularly presented in the public forum. They kinda fall out of the interwebs these days. The latest figure I saw was $150 billion a year as a conservative estimate.
Weird. I wonder why Colombia spent no time deciding they didn't want to face the threatened tariffs...
The others will follow Columbia's lead back to their rightful place.
I gather by your comments you think I’m in favor of open borders with an unlimited flow of illegal immigrants into this country. I have no idea where you came to that conclusion. I am as opposed to that as you are.
Columbia backed down because a US Prez with a sack is now in charge. The rest of the third world Central and South American countries will or should I say, have no choice but to follow suit. Homan is rounding up sleepy's guests by the thousands as we speak. Call it a "circumcision".
No, Dan, stop gathering and creating your own conclusions. You're far off the mark.
Correct. There's no need to clutch your pearls at every mention of "tariff." Some of your clutching I'm actually on board with. Slapping the socialist dipshit in Colombia around so that he'll take his criminals back isn't in that some.
It’s late and I’m tired so I’ll just respond to the second part of the conversation tonight, maybe tackle the first part tomorrow. We’re just talking past each other about it anyway, agree far more than disagree.
Only to someone who cannot extract his political prejudices from economic reality. You cannot say “the tariffs worked” if they were never imposed.
Ok.
You jumped on the AOC bandwagon over the threat of a tariff. Sorry bro, that's pearl clutching.
Only to someone who feels threatened by little loud mouthed AOC.
Nobody here is threatened here by her Propaganda nor yours. We laugh at both of you not with you.
No you don’t. You wouldn’t feel the need to say that if that’s how you truly felt.
Oh please explain to me how AOC crying over the threat of one country's coffee being a little more expensive is a threat to anyone. This should be good.
