Can Everyone Please Stop Being Stupid About Who Pays Tariffs?
benthams.substack.comTariffs are a tax on consumers --- i.e. you and me.
Foreign governments don't pay tariffs
Now convince Trump's supporters that this is true.
Unfortunately, it's too late. And they obviously like being lied to.
Right, but a bit vacuous: Trump personally decides what (categories of) goods get tariffs, and which importers and exporters. I personally never want to hear conservatives talk about "distorting the market" or similar topics. Either they were lying about faith in markets pre-Trump, or they're lying about how good a mercantilist system is today. And, no, "we've gotten new data" is not an excuse. Conservatives were standing athwart history and yelling "Stop!" They had these sacred, immutable principles that "new data" did not effect.
They had these sacred, immutable principles that "new data" did not effect.
Their only immutable principle was lust for control.
There’s a big disinformation campaign by a charismatic leader.
Even smart people fall for identity based manipulation. And half of everyone is of below average intelligence.
So dumb people + manipulation == lots of people holding obviously false opinions.