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Krugman is wrong. It is basically a duty when applied

Posted on: January 27, 2017 at 13:04:23 CT
Spanky KU
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to imports..

The US will just do the same to Mexico (and Canada)

Edited by Spanky at 13:05:12 on 01/27/17
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My god liberals are dumb. They are crying that a 20% - hefeweizen MU - 1/27 12:14:03
     RE: My god liberals are dumb. They are crying that a 20% - MOCO SON MU - 1/27 14:13:17
     I disagree with both $15 per hour and a 20% tarrif(nm) - playhard NWMSU - 1/27 12:45:55
          Using the threat of it as leverage to get a better trade - hefeweizen MU - 1/27 12:56:16
               No it isn't (nm) - pickle MU - 1/27 13:04:10
               Is his goal to get a - meatiger MU - 1/27 12:57:55
                    I think he is using it for both(nm) - hefeweizen MU - 1/27 13:00:02
                         He probably does not even know..lol(nm) - meatiger MU - 1/27 13:04:48
     Yes or no - catbirdseat MU - 1/27 12:40:42
          It is a bad idea. Just like$15/hr min wage is a bad - hefeweizen MU - 1/27 12:55:22
          No. Mexico charges US importers a 15 tax - Spanky KU - 1/27 12:51:16
               wrong(nm) - tigerdb MU - 1/27 12:57:25
                    Nope.. fact. - Spanky KU - 1/27 13:03:28
                         and 100% of goods manufactured in Mexico are subject to - tigerdb MU - 1/27 13:05:46
                              Anything manufactured in mexico SHOULD have the VAT - Spanky KU - 1/27 13:14:15
                                   that's not how a VAT works(nm) - tigerdb MU - 1/27 13:30:47
                                        It acts like a duty on imports - Spanky KU - 1/27 14:02:15
          if that 20% is used to build a - meatiger MU - 1/27 12:46:18
               nope - catbirdseat MU - 1/27 12:47:52
                    Exactly...we're heading towards a path to build a wall.. - Gyro MU - 1/27 12:49:19
                         just make it huge and beautiful and it will be a tourist - blake1771 KC - 1/27 15:26:20
                         Kinda like welfare, huh.... (nm) - TigerMatt STL - 1/27 12:53:47
                              How about an actual response... - Gyro MU - 1/27 12:54:33
                                   I gave you a response. Welfare and the wall are both dumb - TigerMatt STL - 1/27 12:56:59
                                        Welfare isn't an actual thing - catbirdseat MU - 1/27 13:02:04
                                             Lol ok.(nm) - TigerMatt STL - 1/27 13:05:51
                                        No read my post again and come up with some counters... - Gyro MU - 1/27 12:59:14
                                             It is very much a response. As I said neither fix the - TigerMatt STL - 1/27 13:00:50
                         You get to staff that wall too and also - catbirdseat MU - 1/27 12:53:25
     Liberals are about feelings, not math or economics. - RHAYWORTH MU - 1/27 12:30:33
          Huh. Just like you and SS (nm) - pickle MU - 1/27 13:04:43
          Well reading your post, it should be clear Dems and GOP - TigerMatt STL - 1/27 12:36:33
               Did you steal Tigermatt's handle? - JG MU - 1/27 12:40:21
          I agree - 100% - JG MU - 1/27 12:34:26
          LOL...same with the Trump supporters - meatiger MU - 1/27 12:33:29
               well, trump is a liberal new yorker - why should this be - tigerdb MU - 1/27 12:36:44
                    Its not surprising the way repubs embrace their liberalism - JG MU - 1/27 12:39:12
     What the liberals (and republicans) don't realize is that - tigerdb MU - 1/27 12:28:21
          And if that all comes to fruition - meatiger MU - 1/27 12:30:58
          Lol, no one is getting paid $15/hr to pick watermelon or - MrBlueSky MU - 1/27 12:29:17
               You guys want a $15/hr minimum wage so picking watermelons - TigerMatt STL - 1/27 12:32:28
     Libs have been trained and - hokie VT - 1/27 12:27:29
     You're talking about different things... - Gyro MU - 1/27 12:23:44
          Consumption does not drive an economy (nm) - pickle MU - 1/27 13:12:36
          No. You work at Taco Bell making $15/hr, the price - TigerMatt STL - 1/27 12:25:11
               Precisely - 4TigersinMichigan MU - 1/27 12:28:49
                    No economist of any regard thinks a 20% tariff is a good... - Gyro MU - 1/27 12:47:22
                         no economist thinks 15 an hour minimum wage is a good idea - NWMizzouFan MU - 1/27 13:15:52
          totally ignoring the higher cost of labor being passed - hefeweizen MU - 1/27 12:24:44
     and vice versa for the other libs - JG MU - 1/27 12:23:16
          Had to break my silence to congratulate you for being right - TigerMatt STL - 1/27 12:28:56
               LOL I agree that you agree with me so very rarely - JG MU - 1/27 12:33:48
                    Lol. (nm) - TigerMatt STL - 1/27 12:34:31
                         You should not find that funny - JG MU - 1/27 12:35:24
     So you are ok with the 35% corp tax rate - meatiger MU - 1/27 12:19:26
          the corp tax rate problem isn't the rate, it's the loopholes - RHAYWORTH MU - 1/27 12:32:56
               That rate, by the way, and I agree...would actually... - Gyro MU - 1/27 12:51:57
          strawman time huh?(nm) - hefeweizen MU - 1/27 12:21:56
          What does a corporate tax rate have to do with tariffs or - TigerMatt STL - 1/27 12:21:10
               Well what does an import tariff have to do with minimum wage - Gyro MU - 1/27 12:24:48
                    Arguing how one will hurt consumers - TigerMatt STL - 1/27 12:26:41
                         First, I never said I was for a $15/hour min wage, but I am. - Gyro MU - 1/27 12:53:58
                              A "living minimum wage" is retarded.(nm) - TigerMatt STL - 1/27 13:02:48
                         BINGO(nm) - hefeweizen MU - 1/27 12:27:15
                    I was relating both to the consumer and what he - hefeweizen MU - 1/27 12:25:39
               Taxation - meatiger MU - 1/27 12:24:11
                    what has a greater impact? taxation or cost of labor?(nm) - hefeweizen MU - 1/27 12:27:01
                         It depends - meatiger MU - 1/27 12:28:55
                              So the argument that it will raise prices is just a strawman - hefeweizen MU - 1/27 12:30:01
                                   that's just silly - place a 20% tax on a good entering the - tigerdb MU - 1/27 12:47:17
                                        Of course it will but meat just said that is irrelevant - hefeweizen MU - 1/27 12:49:25
                                             It's really pretty simple - the US taxpayer/consumer are - tigerdb MU - 1/27 12:52:05
                                   I think both are valid arguments - meatiger MU - 1/27 12:32:40
     And they ignore the 15% tax that Mexico places on all US - Spanky KU - 1/27 12:15:03
          It's not ignored - you're just wrong - tigerdb MU - 1/27 12:39:25
               and so it functions as a tariff - FootballRefugee MU - 1/27 12:41:37
                    that would only be the case if goods produced in mexico - tigerdb MU - 1/27 12:43:21
                         no, a VAT should be on stages of production - FootballRefugee MU - 1/27 12:51:29
                              Look junior, you're just flat out wrong... - tigerdb MU - 1/27 13:02:35
                                   you're projecting, son - FootballRefugee MU - 1/27 13:04:13
          Yet Trump never talks about that - meatiger MU - 1/27 12:20:04
               He doesn't directly talk about the rate - Spanky KU - 1/27 12:27:19
                    just like we tax theirs with sales & excise taxes(nm) - tigerdb MU - 1/27 12:41:29
                         Nope... Not like that at all - Spanky KU - 1/27 12:53:39
                              Just rubbish - tigerdb MU - 1/27 12:56:52
                                   Krugman is wrong. It is basically a duty when applied - Spanky KU - 1/27 13:04:23
                                   Krugman isn't an economist either. (nm) - TigerMatt STL - 1/27 12:58:50
                                        Princeton..blah, we've got much better economists on the - tigerdb MU - 1/27 13:03:58
                                             Krugman is a political hack who changes his economic ideas - TigerMatt STL - 1/27 13:17:23




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