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Six months into tariffs, businesses have no idea how to price anything

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Re: Six months into tariffs, businesses have no idea how to price anything

#671

Post by triceratops »

FridayoLeary wrote: post #578
const_cast wrote: post #575

Earlier quoted context omitted.

You can't just redefine communism to mean "bad thing" and then say "see? Communism bad!" Communism has a real definition. NK is not communist. China is not communist either.

At this stage communism has been tried and failed so many times that it's silly to conclude that it isn't inherently evil. It's just hubris to think you could do it better yourself.

There are many bad systems that fail and cause misery and poverty. Communism is one of them but there are others.

Re: Six months into tariffs, businesses have no idea how to price anything

#672

Post by triceratops »

hippo22 wrote: post #603
judahmeek wrote: post #599

Earlier quoted context omitted.

Unfettered illegal immigration is not a Democratic Party position. Both Obama & Biden deported more illegal immigrants than Trump. Due Process is a Democratic Party position that Republicans don't value. Actually, considering the lack of real penalties for employers of illegal aliens, I'd say that the acceptance by both parties of white-collar crime is the real problem. Properly prosecute rich criminals & illegal imm…

I agree more could be done in prosecuting employers. But supporting illegal immigrants absolutely was a part of the democrat platform. Sanctuary cities are not about supporting “due process.” Also, the number of deportations does not tell the whole story. The number of illegal crossings under Biden was astronomical compared to both Obama and Trump.

> Sanctuary cities are not about supporting “due process.”

I thought it was about keeping local law enforcement out of immigration matters. Because otherwise undocumented people would be afraid to report crimes or be witnesses, and that's worse for local crime. Which is what city governments care about.

Re: Six months into tariffs, businesses have no idea how to price anything

#673

Post by oenton »

mathiaspoint wrote: post #541
phkahler wrote: post #337

Earlier quoted context omitted.

That has me shaking my head. He fired the BLS person claiming they were reporting inaccurate stats to make him look bad. A claim of partisan bias - could maybe be some truth to that. But to fire them and replace them? Then it will certainly be biased reporting. I suppose that makes sense if all you care about is image and not actually making things better.

She had been doing crap job going back to Biden. I don't think she was fired for optics.

"She had been doing crap job" with all due respect, citation needed.

Re: Six months into tariffs, businesses have no idea how to price anything

#674

Post by zug_zug »

EasyMark wrote: post #636
greatgib wrote: post #467

I don't understand why there isn't a market or company that develop already to move all items to low tariff area before sending to US. I know that manufacturing things here in Europe, there already used to be round trip by airplane and co to try to lower VAT paid on purchases to the maximum.

That's covered, if you try to go to an intermediary county and they find out they will raise your tariffs back up to 150% for breaking the deal, it's built in to the agreements

That doesn’t really make sense… essentially the choice to do this isn’t in the hands of any nation, rather any business in the nation could try to do this and the government has no real way to know.

You could try to raise tariffs on a whole country because one company in that country was falsifying country of origin… but it’s inevitable

Re: Six months into tariffs, businesses have no idea how to price anything

#675

Post by cowboylowrez »

tharmas wrote: post #651
macintux wrote: post #648

Earlier quoted context omitted.

Speaking as someone who despises Ted Cruz to the bottom of my soul, I decided in 2016 that if Trump had decided to run as a Democrat, I would have voted for Cruz. At least he has some sincerely held beliefs that do not involve his own wallet and cruelty towards the entire world outside his inner circle. My point being: at some point the American electorate has to take responsibility for picking the worst available pe…

≥The Democrats did not compel them to vote for Trump. Perhaps i didn't make my point clear. Indeed ur statement is true. I was referring to those who hated Trump but also hated Harris and so DIDNT VOTE. My point being that if the Democrats had fielded a compelling candidate many of those who didn't vote may have voted for them. Enough to win. The Democrats learned nothing when they fielded Hilary Clinton and lost. Jo…

I love how people are blaming democrats for electing trump. Its just such a dystopian timeline lol

Re: Six months into tariffs, businesses have no idea how to price anything

#676

Post by ianhfletcher »

kristjansson wrote: post #92
hippo22 wrote: post #85

I’d like to lay out an argument about why tariffs are good. The only businesses that are derailing with tariffs issues are those that import goods to sell. The argument against tariffs is that they make goods more expensive. Of course, this argument is true. But that’s not the end of the story. Because prices are higher for imported goods, demand for domestically produced goods increases. This increase in demand lead…

A cogent, long range tariff and industrial policy might accomplish something like this over a period of years. Does that describe the last 6 months?

If you're interested in a detailed discussion of what a "cogent, long range tariff and industrial policy" might actually look like, you could do worse than my new book on this subject. The website is at IndustrialPolicy.US.

Re: Six months into tariffs, businesses have no idea how to price anything

#677

Post by sodality2 »

tantalor wrote: post #632
sodality2 wrote: post #557

Earlier quoted context omitted.

But there then becomes an incentive to lower prices to capture more demand. I don’t think that tariffs will incentivize collusion any more often.

That's very risky for companies to do because because you might not capture that demand. If you fail then you just lost money. One reason is buyers may only consider alternatives when prices increase.

That's how market forces work, it's risky but it pays off until prices hit equilibrium.

Re: Six months into tariffs, businesses have no idea how to price anything

#678

Post by simonh »

buyucu wrote: post #658
simonh wrote: post #582

Earlier quoted context omitted.

Japan? South Korea? Taiwan? Singapore? Saudi and the Gulf States?

Saudi and Gulf States are run by violent dictators who are Western puppets. Did you forget about MBS 'the Bonesaw' ?

He did that because he’s a western puppet? The west puts up with them despite such vile behaviour. It’s simply absurd to argue the west can’t tolerate prosperous non western nations when there are many of them we get on with just fine, or despite severe cultural differences.

The USA spearheaded integration of China with the international trading system. Their development was an intentional goal.

Re: Six months into tariffs, businesses have no idea how to price anything

#679

Post by nemo44x »

rexpop wrote: post #242
nemo44x wrote: post #228

[flagged]

"Swimming naked," "bent... over the barrel," "supporting actors." Do you always speak in grotesque metaphor, or are you capable of referring to concrete phenomena? Congratulations, there is a part of my mind that finds your vague idiom disconcerting. Moreso I am resigned to take your entire cadre less seriously—if such a downgrade is possible. No that you care; I am "beyond hope!"

[flagged]
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