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TopicFreedom, Liberty, Ron Paul - New Domains of Freedom [dwmf]
SmartMuffin
03/02/18 8:30:37 PM
#485:


Jakyl25 posted...
The crazy thing to me is the pro-tariff people going on TV and being like SO WHAT if soup and beer and cars are a LITTLE more expensive. No one will care!

I would assume that those things are priced the way they are as a result of lots of market research


I mean, you're not wrong, but this is also the argument for things like targeted sales taxes, which are more of a left-wing cause.

And the entire reason tariffs do get political support is that in small enough amounts, people really don't care much. The whole reason it's politically viable is because the targeted interest group (steel workers, farmers, whatever) cares a whole lot and spends a lot of time and money arguing and buying political influence. But the average consumer ends up seeing prices to up by a few cents.

Like, if the price of sugar were to increase by 5 cents a pound tomorrow, would you really notice? Sugar plantation owners sure would.
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