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Yep, it's going to make everything more expensive
(lemmy.world)
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this post was submitted on 24 Sep 2024
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You're only looking at and mentioning the short term effect, not any long term effects, and then criticizing others for the same thing. The long term effect is inefficient businesses like your spouses company shuts down, and local production increases at all levels.
Global ecomonies are incompatible with life on Earth, as we have learned.
That's a wild claim. Can you back that up with any data that shows tariffs always increase local jobs and income?
It's a wild claim that companies that have to pay fair value for their materials and labor either close or find more local resources to continue operation?
So your data is "I'm just guessing it works that way." Neat.
My main issue with your statement is the one you dodged addressing. To qoute:
"Local production increases at all levels."
Please source the data that shows people paying 200% the price for required goods, and spending way less discretionary money overall, somehow makes production increase at all local levels.
I'll even help by giving you some parameters. Remember, Trump has promised we will immediately start paying less for everything as soon as he enacts these tariffs. That's the exact opposite of how tariffs work, but okay. Ignoring the raw stupid, can you show me data that jobs/income/quality of life of all citizens goes up in a nation that enables extreme tariffs in a 4 year period after they are enacted?
Are you purposely misunderstanding things like all conservatives do or do you really not understand how increasing import costs above local source costs increases demand and thus production?
So still no facts or data and down to personal insults instead of addressing any part of the discussion.
Have fun out there mate.