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To: central_va

-—A 20% import tariff balances the budget tomorrow.-—

A 20 % tax on imports would be passed onto to consumer...

Thanks, but I’d pass...


21 posted on 05/09/2016 6:26:19 AM PDT by Popman (Christ alone: My Cornerstone...)
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To: Popman

Then we print money and die. Stupidity reigns supreme. The founding father have provided us with the tools we need to get out of this mess. If only we would follow their example.


23 posted on 05/09/2016 6:28:41 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Popman

It will force companies to return to the U.S. because their competitors in the U.S. will be kicking their ass in the marketplace.

That’s how it works in the real world.

Carrier and Ford will move operations back so fast it’ll be amazing. Especially when you can buy a Dodge or GMC for 35% less.


55 posted on 05/09/2016 6:46:34 AM PDT by Snowybear
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To: Popman
A 20 % tax on imports would be passed onto to consumer...

Not necessarily. Your assumption that American consumers will simply pay more for higher priced imports is not based on empirical evidence. It is actually more likely they will choose a comparable lower priced domestic product.

61 posted on 05/09/2016 6:48:13 AM PDT by mac_truck (aide toi et dieu t'aidera)
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To: Popman
A 20 % tax on imports would be passed onto to consumer....

Twenty percent of nothing is nothing.

114 posted on 05/09/2016 8:01:09 AM PDT by Mr Ramsbotham (Hain't we got all the fools in town on our side? And ain't that a big enough majority in any town?)
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