The Economy

80,072 Views | 1196 Replies | Last: 4 hrs ago by Cal88
DiabloWags
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In reply to movielover • 10:05a
movielover said:


Record tariff revenues are pouring in, really historic, as well as reshoring some manufacturing. Both are really the near miracles.


The real "miracle" is how you continue to be in denial that tariffs are a TAX on the consumer.

Why are basic Econ. 1 concepts so foreign to you?

Did you really go to Cal?
"Cults don't end well. They really don't."
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movielover
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In reply to DiabloWags • 2:42p
Sweeping, large-scale, tectonic changes will include tweaks.
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DiabloWags
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3:25p
TARIFFS ARE A TAX.
"Cults don't end well. They really don't."
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Cal88
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In reply to movielover • 6:24p
movielover said:
Rand doesn't see the big picture, what has he accomplished in all his years in Congress?


OK ML, here's a challenge for you.

There are 535 members of Congress.

Name 5 of them that are better than Rand Paul.
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Cal88
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In reply to DiabloWags • 6:31p
DiabloWags said:
movielover said:
Rand doesn't see the big picture, what has he accomplished in all his years in Congress?


The Big Picture?

Does the Big Picture mean that tariffs on coffee and bananas were implemented by Trump to force these commodities to be grown in America?


Right, 99% of coffee is imported, only around 1% is premium Kona coffee. The tariff on coffee is a pure consumption tax. It's primarily an economic weapon against countries like Brazil and Colombia which are not aligned with US foreign policy.
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DiabloWags
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In reply to Cal88 • 6:37p
Exactly.

Tariffs on those 2 commodities make zero sense. You need a tropical environment to grow them. Hawaii. Maybe Florida.

This just goes to show how Trump just makes things up when it comes to his tariffs. Many of these are not economically based. They're political.
.
"Cults don't end well. They really don't."
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Cal88
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In reply to DiabloWags • 6:50p
Florida is not ideal for coffee, it is usually grown in higher altitudes in the tropics, like tea. The most sought after beans are grown at altitude, like the Jamaica Blue Mountain, Kona, and most of the Colombian and Vietnamese production is in mountains.
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