31–40 of 94 posts
the cart doesn't make sense, it's too small and has too specific things in it. cod filet are pricier, shrimps are way cheaper. Great.
What do you mean too specific? How can you reasonably track the price of something less specific than a product?
Yet somehow our consumer price index shows inflation rising at only 2%
As the article notes, some things like consumer electronics are still getting cheaper.
Education, housing, food, clothing, etc. are far more important and relevant to what it means to live a decent life in the 21st century.
> At the same time, higher prices of garlic — they soared 53% — actually illustrate tariffs working as intended. > China had been the biggest exporter of garlic to the U.S. and domestic garlic growers have long argued they were being undercut by cheaper Chinese competition. Now that Chinese garlic faces higher tariffs, domestic companies can charge higher prices. Domestic companies being able to charge higher prices…
Why would garlic prices rise 53% if the tariffs are only 30%? Are there really no other factors at play?
The real reason for the remaining increases are probably a combination of domestic Chinese pressures and the inflation machine Obama started and Trump has only continued both starting to grip and people are starting to notice as articles like this point out things that have been going on for a decade now.
Earlier quoted context omitted.
What is 55% higher though - from $0.50 to $0.76 per bulb? Garlic doesn't seem like an elastic enough good where $0.25 would make a difference. It's a staple food in almost every American household. With that being said it's sad to hear that so many people purchase Chinese produce.
Why is it sad?
Yet somehow our consumer price index shows inflation rising at only 2%
There are some people who try to provide alternative accurate information to the government's data, and it consistently shows far less rosy numbers that also match the historical record far closer.
The goal of the tariffs is to improve the bargaining position of America in getting better trade deals with China... not to move manufacturing back to the US. That might be what’s fed to the average Joe the plumber Trump supporter but common sense easily precludes that motivation. To actually move manufacturing back you’d have to tariff every country with a lower cost of living than the US, and that’s most of the wor…
It's even more likely that China will switch to a higher level of automation and robotics before the West does. They already have the production, and can incrementally adapt and upgrade, whereas in the West, it would have to be (re-)built from the ground-up with intent to directly compete against low-labor markets (though arguably, in some industries this would probably be an advantage), and that would require far mo…
Manufacturing is also the low-value end of the supply chain. Building up expertise at the top (Apple, Microsoft, Google, Intel, AMD, Nvidia—level tech) is exponentially harder than building up the bottom end.
then you want prices to rise to save your ass. RISE! RISE!
The goal of the tariffs is to improve the bargaining position of America in getting better trade deals with China... not to move manufacturing back to the US. That might be what’s fed to the average Joe the plumber Trump supporter but common sense easily precludes that motivation. To actually move manufacturing back you’d have to tariff every country with a lower cost of living than the US, and that’s most of the wor…
> The goal of the tariffs is to improve the bargaining position of America in getting better trade deals with China... not to move manufacturing back to the US. Alternatively, to decouple US and Chinese trade as China is a major strategic rival to the US. > That might be what’s fed to the average Joe the plumber Trump supporter but common sense easily precludes that motivation. Perhaps one should avoid thinly veiled…