/pol/ - Politically Incorrect

>>13577767

Tariffs are simply by far the best way to collect taxes, for a lot of reasons, and, oddly enough, it actually benefits BOTH the nation collecting the tariffs AND the nation being tariff (most of the time).

For some reason they are memed as some "trade war" like a pro-wrestling pre-match face off.

WTF could it benefit the nation being HIT with a tariff? Because vast majority of Exports come with govt support. That means the Govt is taking money from everyone else so some party doing exports is in fact getting Welfare, and 'rent seeking' etc for their personal profit at the expense of everyone else.

Thus a tariff imposed by an Importer is in fact a TAX ON GOVT in the nation being hit with the tariff, and thus dis-incentivizes various Rent Seeking schemes in the nation being hit with the tariff.

"but tariff is just passed on to consumer in form of higher prices!!!" Also stupid.

What all these Economics PhDs forget to mention is the other side of the balance books. If the Govt collects tariffs that means it can reduce other taxes, so people have more money in pocket to pay the "higher price due to tariffs".

Yes, its really that stupid and there is no real difference between the purely political dogma being enforced on these issues in Ivy League Economics Depts and various mirror institutions in the old USSR or North Korea today regarding the Establishment's dogma.

Econ math wise, WTF actually "pays" tariffs?

In you typical "perfect" Economics model, the cost will become split 50/50 between the consumer and the producer.

taxes can do two things:

fund govt programs

punish unwanted behaviors ("sin tax")

Our current system (IRS) punishes Gainful Employment.

Tariffs punish foreign govts that tax their own people to transfer to a few of their own wealthy corp welfare queens to "encourage exports" OR punish foreign price gougers/profiteering.

Typical Ivy League Economics professors, particularly of the Austrian School, argue against Tariffs but only in that they are any sort of tax and all tax is bad and market is always smarter than public policy, etc. When asked to COMPARE tariffs to other forms of tax, once granted that SOME tax will be required at SOME point in the Economy, they are completely stupefied. Like Joe Biden stupefied.

They will literally stop talking, get a dull glazed look on their faces, circle the podium a couple times and wander off stage to the wrong exit. I've seen it happen.

Tariffs being one of the better way to fund govt, for the sake of funding itself, is only one of several Great Taboos in post-1913, and even more so post-1945, American (and most European) academia.

Encouraging local production also has several important non-Economic benefits, such as making product safety and regulation better and easier. But probably most importantly it reduces the need to get into wars, and to lie about reasons to get into wars. A prime example is Trump's "rare earth for military support" in Ukraine. The Rare Earth is all in territory we still call Ukraine but held by Russian Bear and called "Russia" by Putin. Anyone see how that could be a problem?

If the Japs had invented a way to produce oil domestically would they have bombed Pearl Harbor?

As far as The Lying (always with The Lying amirite?) its stump speech Squawking Point of Kosher Chicken Hawks (all Chicken Hawks must be made Kosher by actual Rabbi, you can't just stand up and flap your arms screeching "look, I'm a Chicken Hawk!" and get on Fox and Friends) to respond to a Fox News Bunny's question "and why does the USA support Israel, Professor?" with "Because the USA has Vital Interests in the Middle East (you dumb cunt)".

Of course the only interest USA has in the MidEast is oil, which would be only a reason to not support Israel, as proven by 1970s "energy crisis" which were all completely caused by USA's support of Israel, including even the Iranian Revolution.

>>13577848

cont…. BTW, check date on mag. Now consider that Red China has had defacto very high tariffs before and since, and how as Standard of Living for average Chinaman changed since. My theory is "The Economist" isn't about "reality", but more "calls the play" for "Stake Holders" who will do damage to The Economy but in ways that they personally can profit.

All this “Tariffs are bad because Free (as in International) Trade is good for Consumer, look my Economics graph proves it where the price point lines meet!” could hold true if we were on Planet Vulcan where everyone was always perfectly logical and peaceful, but we are stuck on The Planet of the Apes. In High School senior English “advanced placement”, a couple of the kids successfully lobbied The Teach to let us read “Dune” instead, which most of us already had. ;) So we are explaining to The Teach about importance of Spice on Araknis and the Stoner kid chimes in with “on Araknis they call it Spice, on Planet Earth we call in Herb” which I thought was nice alliteration, but come Monday we are right back to “The Mayor Casterbridge”…fucking torture.

On the producer's end it will come out of what you could call the "excess profits" or the profits he can forgo but still "do the biz". Of course, with less profits, he will be less likely to do the biz, hence the consumer will see SOME increase in price, as stuff filters down through the maze of systems.

If it was "just passed on the consumer" like ALL Ivy League Economics Noble Prize winners claim, you wouldn't have Producers that are about to be hit with tariffs screaming bloody murder, now would you?

BTW, having someone else legit foot 50% of your tax (or other bill) is the best deal you will ever get.

>>13577919

>I voted for total tranny death.

No refunds

>>13577853

fuck chyna

fuck chinks

NUMBER 11 CRASH AND BURN

CHINKS ON SUICIDE WATCH

http://www.google.com/search?q=china+collapse

>>13577991

>http://www.google.com/search?q=china+collapse

They call Chinks "the Jews of the Orient" but in fundy ways they are opposite. The idea of ruling over other people, for the sake of sick control freak reasons, doesn't exist in the Mind Of Chinaman.

"China's Real Estate bubble!!!". While they got some crap construction, much of that was just training and practice, much like the various World's Fair builds, but more practical. 95% of it is just fine, or at least usable and livable. This is a store of real value that will serve Chinese well for the next 100yrs, regardless of "the market".

The workers were guys straight from rice paddies who are now at least trained in wearing boots and being part of a construction crew and creating modern buildings from ground up.

During same time the USA and rest of the The West has invested in bringing in Turd World savages, and tattoos and expensive college degrees for young women in White Man Bad studies. They are now well trained in destroying a nation from the inside out.

I can't think of a single thing Pooh Bear and CCP is doing wrong, given the cards they are holding. Either wrong for China or rest of the world including USA. They are even reforming the animal cruelty to more Western standards, as fast as practical.

Sure their Social Credit Score seems a bit creepy, but they are a different species AND they both need it to teach insects to be human AND re-create WTF moral framework existed prior to Jewish Communist takeover and Cultural Revolution.

https://en.wikipedia.org/wiki/Cultural_Revolution

Hmmm….1966-1976. And WTF was going on in USA during that time and what are lasting effects? :) Was installation of POTUS Carter in many ways the END of USA's Cultural Revolution? Marked at least an end to Jewish revolutionary terrorist forces being overtly opposed to official US Govt and institutions.

Chinese admire and respect (White) Americans, and would be happy if they were rich and we were rich. The Jews that control US Govt and push "Yellow Menace" hate White Americans more than any one (including Muslims or even Nazis) due to our still at least on paper Constitutional freedoms, and wont rest until USA is destroyed beyond Weimar Germany.

Be careful what you eat, white piggu.