(11-27-2024, 08:49 AM)Jag149 Wrote:

(11-26-2024, 10:18 PM)TDOSS Wrote: The people who lecture to us on a regular basis about economics don't know what supply and demand is; they sure as hell aren't gonna know how tariffs work.

He actually thinks this mean that Trump's tariffs will lead Walmart and only Walmart to raise prices. And if you asked him, he probably also thinks that American-produced goods won't also go up in price simply because if everything imported goes up then sellers of American goods can get away with it too.

This is why they want to get rid of DOE, folks; why they want public monies to pay for private religious 'educations': gotta keep growing new generations of people who are proud not to understand how anything works.


It's like a rehash of grade school, where the way to prove you were cool was to make a show of being clueless (because only nerds know answers).

We're kinda being stupid in thinking that someone whose most complicated economic analysis is "Eggs cost more. Who is president?" could possibly understand tariffs, and worse, that someone who is actually proud of it might bring themselves to admit fault upon having the errors of their ways explained to them.

No you are alone on that one and seem to be very efficient at it.  ...