Re: Biden Teaches Us About Tariffs

On 5/29/24 5:48 PM, trotsky wrote:

On 5/29/24 1:35 PM, BTR1701 wrote:

June 19, 2019
>
@JoeBiden:
>
Trump doesn't get the basics. He thinks his tariffs are being paid or by
China. Any freshman econ could tell you that the American people are
paying his tariffs.
>
The cashiers at Target see what's going on-- they know more about
economics than Trump.
>
>
May 14, 2024
>
@POTUS Biden:
>
I just imposed a series of tariffs on goods made in China.
>
25% on steel and aluminum
50% on semiconductors
100% on EVs
50% on solar panels
>
China is determined to dominate these industries.
>
I'm determined to ensure America leads the world in them.
>
---------------------
So apparently imposing tariffs on China and making the American people
pay for them is only a good thing when a Democrat does it.
>
Thanks for the lesson, Joe!

  So you don't understand the difference between tariffs on raw materials and those on finished goods?  Are you really *that* stupid?

All Thanny saw was the word "tariff" and he thinks anyone that imposes one is doing the same.
He's not into nuance.
--
"Thou shalt not make a machine in the likeness of a man’s mind." - OC Bible  25B.G.
https://www.dropbox.com/s/ek8kap93bmk0q5w/D%20U%20N%20E%20Part%20II.jpg?dl=0
Gracie, age 6.
https://www.dropbox.com/s/0es3xolxka455iw/BetterThingsToDo.jpg?dl=0