pull down to refresh

47 sats \ 3 replies \ @SimpleStacker 8 Apr \ parent \ on: Tariffs as a Pragmatic Compromise econ
I also think tariffs need to be given more thought by our camp. They've been bizarrely much more maligned than other taxes and I'm definitely not convinced they're the worst form of taxation.
Yeah, I wonder why that is. Even when you draw the deadweight loss triangles in Econ 101, those triangles are usually quite a bit smaller for tariffs than for taxes.
My only theory is because "Smoot Hawley" is a commonly taught in history classes. I don't think there's a comparable event for general taxation.
write
preview
76 sats \ 2 replies \ @jimmysong OP 8 Apr
I suspect it's because free trade is a pillar of the WEF/globalist agenda and has been for at least a generation.
reply
204 sats \ 0 replies \ @justin_shocknet 8 Apr
Don't submit to their framing, they are not for free trade, it's the lack of free trade that is why the tariffs are necessary in the first place.
reply
0 sats \ 0 replies \ @denlillaapan 9 Apr
Even so, whatfor? Surely taxes on (low-)income peeps ought to be even more fitting for their stories than tariffs?
reply