Really? You’re assuming the demand for lettuce is totally inelastic, which it it not. An increase in the price of lettuce will mean a reduction in the amount of lettuce purchased. The price will not rise by $.25, but there will be less lettuce purchased. This will also mean that the demand for lettuce workers will decrease. So while some workers may see a wage increase, some will lose their job.
As to not knowing what I’m talking about, my guess is that I far better understanding economics than you do. I have a Ph.D. in economics and have taught at two Big 10 universities. What’s your econ training?
And you couldn't tell.
There are two groups of economists, American economists and the rest of the world economists. The USA has the stupid most myopic economists in the world. I call them Free Traitors™ and the rest of world is eating our lunch because of losers like you.
The reason why I want tariffs:
To balance the difference in labor costs between the USA and the 3rd world would not take much. Frankly, most manufacturing is not labor intensive. That's the point of mass production. Maybe 7% of retail prices goes to labor, and that's for domestic union labor.
You Free Traitors™ need to quit acting like you need to educate Patriots in economics. We understand economics WAY more than you realize.
Protectionist, (Patriots) understand that a tariff will increase prices. We get it. WE WANT THAT. It's a one time inflation due to higher labor costs in the USA. Again, we understand the economists. We are not stupid. But the payoff from higher import tariffs comes in lowered social costs and higher quality products. We are willing to pay more for a strong viable industrial base. I WANT TO PAY MORE.
I am not so greedy as to destroy the USA industrial base, cause social havoc, lower GDP growth, in order to buy a cheaper poor quality Coolie made consumer goods. IT'S NOT WORTH IT AT ANY PRICE.