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Can someone explain how tariffs aren’t both a tax and inflation, all rolled in to one? These are two of the most toxic words in politics and yet those most alle
by rescripting 1y ago
Can someone explain how tariffs aren’t both a tax and inflation, all rolled in to one? These are two of the most toxic words in politics and yet those most allergic to them are relatively quiet.
- wredcoll 1y agoBecause it was never actually about principles.
- vagab0nd 1y agoNot inflation because it's a one time price increase. Inflation is the rate of change.
- scoofy 1y agoThe "inflation rate" is the rate of change. Price being higher than they were in the past is inflation.
- MarkMc 1y agoUltimately a large number of people identify with Trump. So when he says he inherited an awful economy and the tariffs are the cure, they believe him
- xtiansimon 1y ago“… a large number of people identify with Trump.” That’s so true, and I think it undermines reasonable conversations about his actions. Like talking to someone about why they’re rooting for the bad guy in a movie.
- almog 1y agoIf only they he use a fancy French word for what's essentially is "import taxes", I'm pretty sure the election results would have been very different. To put that in Simpsons terms: "The Garage? Well oo la di da Mr. Frenchman." https://youtu.be/JhbJnlIvfyc https://youtu.be/JhbJnlIvfyc