Create Account



The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
Addressing a real problem the wrong way Tarrifs

#42

(01-31-2018, 07:17 AM)The Real Marty Wrote:
(01-30-2018, 12:26 PM)TrivialPursuit Wrote: So a bunch of companies are going to start manufacturing their solar panels in the US because of the 30% Tariff.

Is that bad?

It's bad in the sense that people who want to buy solar panels will have to pay 30% more for them, so either fewer solar panels get sold or the people who buy solar panels have less money to spend on other things and that hurts other unrelated businesses. 

For example, suppose I was going to buy $10,000 worth of solar panels, but now I have to pay $13,000 for the same solar panels.   So now I have $3,000 less in my pocket, so I decide not to go out to eat, or to the theater, and  I decide to postpone fixing my roof or getting a tree surgeon to cut a tree limb.   In addition, the people who make solar panels overseas are now out of work so they buy less stuff too, including things that we export to them.  

It's a net negative for business in general.  The tariff benefits a special interest at the expense of everyone else.

I may be wrong about this...

The tariff is for imported solar panels. If they are manufactured in the US there will be no 30% tariff. Or am I not understanding?
Reply


Messages In This Thread
RE: Addressing a real problem the wrong way Tarrifs - by TrivialPursuit - 01-31-2018, 09:11 AM



Users browsing this thread:
2 Guest(s)

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.


ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!