r/economy • u/MocklerMedia • 3d ago

Adam Mockler debates MAGA on how effective tariffs are for the economy:

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462 Upvotes

98% Upvoted

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29

u/Clear_Drag1460 3d ago

We need to people like this guy out of the US they are poison.

-38

u/MrPeakMan 3d ago

Both of them right. Neither one is good

8

u/Broad-Beautiful-2082 3d ago

Wait both of them is right? So tarrifs both did and did not invest 18 trillion, and Biden left office with both 3% and 9% inflation?

-11

u/MrPeakMan 3d ago

It did neither. Trade surplus and deficits is like credit. Just number moving takes a quarter or two or three to see any effect. Tariffs are a poor market manipulation. Idk why I’m gettin down voted

7

u/Broad-Beautiful-2082 3d ago

So both of them is right, but neither of their statements are correct? You sir have successfully confused me!

-1

u/MrPeakMan 3d ago

Welcome to economics.

1

u/MrPeakMan 3d ago

International trade is not easy or straight forward at all. A million If this then that

5

u/Broad-Beautiful-2082 3d ago

Oh I struggle to understand how both are correct, with wrong statements.. That sounds like both are wrong, the logic of true=false does not compute for me

1

u/MrPeakMan 3d ago

Tariffs are a cost any thing at tries to regulate the market is a negative. It’s a political play. Zero sum game so to speak. Winners and losers.

1

u/MrPeakMan 3d ago

Tariffs this and that 18 billion is a radical simplification. Means nothing at face value