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You really think these tariffs lead to winning for the average person?
I don't think 80% - 90% of taxes lead to winning for the average person. I do think consumption taxes/tariffs are better than income taxes for the average person.
 
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You have some really dumb takes on just about everything, which solidifies your spot as number two on the WC Dumb Poster list right behind dbm. No one will be sad if an actual good trade deal is achieved. No one.
I’m more concerned about bad trade deals being struck…and called good trade deals.

This UK “deal” is a good example. It leaves in place a 10% baseline tariff on the vast majority of British imports. It only lowers rates on a small handful of goods. It’s not even effective as a starting point. And Trumpers are running around like it’s some big victory.
 
I’m more concerned about bad trade deals being struck…and called good trade deals.

This UK “deal” is a good example. It leaves in place a 10% baseline tariff on the vast majority of British imports. It only lowers rates on a small handful of goods. It’s not even effective as a starting point. And Trumpers are running around like it’s some big victory.

That’s entirely what I’m expecting to happen here. The Trump admin seems almost desperate for positive headlines in their trade gambit. Whatever it is we announce, it seems likely that it won’t be much at face value…and will probably be refuted publicly by the Chinese, to boot.

 
I’m more concerned about bad trade deals being struck…and called good trade deals.

This UK “deal” is a good example. It leaves in place a 10% baseline tariff on the vast majority of British imports. It only lowers rates on a small handful of goods. It’s not even effective as a starting point. And Trumpers are running around like it’s some big victory.
Speaking selfishly the money means very little to me and my business. Now having a supply chain cluster fck the gov never accounted for in collecting tariffs is what scares me
 
It’s a lack of understanding how our system works. But more likely he’s just blowing smoke
Do you mean in the sense that he’s attempting to implement pharmaceutical price controls by EO or that he’s attempting to do it at all?

This would never pass Congress - and thank God for that. And I say that not because I’m a big fan of the notoriously influential Pharmaceutical lobby. But because it would appear that some people who matter have a modicum of economic sense about them.

And I can’t see how this stays in place. I’m not even sure Trump cares if it does or not. If anything, he may be counting on it being struck down in the courts.

But it’s a good opportunity to educate people on why the government never does anything about drug prices…despite lots of politicians expressing outrage about them.

Drug prices are a huge problem. But the biggest reason they are is because we subsidize price-controlled monopsonies around the globe.
 
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Do you mean in the sense that he’s attempting to implement pharmaceutical price controls by EO or that he’s attempting to do it at all?

This would never pass Congress - and thank God for that. And I say that not because I’m a big fan of the notoriously influential Pharmaceutical lobby. But because it would appear that some people who matter have a modicum of economic sense about them.

And I can’t see how this stays in place. I’m not even sure Trump cares if it does or not. If anything, he may be counting on it being struck down in the courts.

But it’s a good opportunity to educate people on why the government never does anything about drug prices…despite lots of politicians expressing outrage about them.

Drug prices are a huge problem. But the biggest reason they are is because we subsidize price-controlled monopsonies around the globe.

Between trade and now pharma... Trump is really letting his far-left freak flag fly.
 
Do you mean in the sense that he’s attempting to implement pharmaceutical price controls by EO or that he’s attempting to do it at all?

This would never pass Congress - and thank God for that. And I say that not because I’m a big fan of the notoriously influential Pharmaceutical lobby. But because it would appear that some people who matter have a modicum of economic sense about them.

And I can’t see how this stays in place. I’m not even sure Trump cares if it does or not. If anything, he may be counting on it being struck down in the courts.

But it’s a good opportunity to educate people on why the government never does anything about drug prices…despite lots of politicians expressing outrage about them.

Drug prices are a huge problem. But the biggest reason they are is because we subsidize price-controlled monopsonies around the globe.
Has he even tried to issue any kind of substantive EO? As far as I can tell, the extent of executive action so far is a social media post that says "Prices down! Grrrrrr!!!!!!"
 
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