Why are tarriifs bad but minimum wage is good?

Shouldnt they be worried about minimum wage too? Or does that magically not effect them?
What is the logic connecting tariffs and min wage ... beyond both possibly raising wages? Are all means to wage increases good? Do they all have similar negative consequences, at least in theory?
 
Shouldnt they be worried about minimum wage too? Or does that magically not effect them?
What is the logic connecting tariffs and min wage ... beyond both possibly raising wages? Are all means to wage increases good? Do they all have similar negative consequences, at least in theory?
It raises the cost of goods.
 
Shouldnt they be worried about minimum wage too? Or does that magically not effect them?
What is the logic connecting tariffs and min wage ... beyond both possibly raising wages? Are all means to wage increases good? Do they all have similar negative consequences, at least in theory?
It raises the cost of goods.
Increasing costs is not necessarily a good thing. ummmmuuummmm, min wage will not affect mafrting wages. Arguably they will service industry products more expensive, but there's no support for increasing natl min wage. What a hamburger costs in SF ..... irrelevant to the national econ.

Tariffs will make our exports more expensive for others to buy and more expensive for us to consume imports. Those supporting tariffs seem to thing that the cost to US employer/workers who export will be outweighed by benefits to employers/workers in mfring.
 
I think Trump screwed this up bigly. There's no doubt Jina dumps stuff, or that it fixes its currency or that it steals our IP. But he picked a fight over steel. Our uncompetiveness against economies that have more efficient HC and support for infrastructure are not based on unfair trade.

Then when he gets around to fighting with Jina, he picks the wrong battle.

But Trump's entire trade policy is not a policy but merely trying to inflame his nativist base.
 
Shouldnt they be worried about minimum wage too? Or does that magically not effect them?
What is the logic connecting tariffs and min wage ... beyond both possibly raising wages? Are all means to wage increases good? Do they all have similar negative consequences, at least in theory?
It raises the cost of goods.
Increasing costs is not necessarily a good thing. ummmmuuummmm, min wage will not affect mafrting wages. Arguably they will service industry products more expensive, but there's no support for increasing natl min wage. What a hamburger costs in SF ..... irrelevant to the national econ.

Tariffs will make our exports more expensive for others to buy and more expensive for us to consume imports. Those supporting tariffs seem to thing that the cost to US employer/workers who export will be outweighed by benefits to employers/workers in mfring.
the question is what happens when minimum wage goes up? can you answer it?
 
Shouldnt they be worried about minimum wage too? Or does that magically not effect them?
No. Higher paid labor spends more and creates more demand; and can help labor pay for infrastructure.
you really don't understand it do you? minimum wage goes up, prices go up. how's that different from the tariff argument exactly?
 
Shouldnt they be worried about minimum wage too? Or does that magically not effect them?

But but but...hold on let me contact Dem central command...okay Pelosi and Schumer say higher minimum wage and higher prices good, higher taxes good, tariffs bad. :eusa_think:
 
Millions of Americans losing their good paying jobs to CHINA is why Trump is punishing them with tariffs wake up people.
 
Shouldnt they be worried about minimum wage too? Or does that magically not effect them?
Around here, McDonalds is a steady job for a lot of adults. No lie. So what was worrying me was that people working 40 hours a week there were getting FOOD STAMPS. There was something wrong with that picture. Capitalism left entirely to its own devices will let people slave and starve and they will still sleep well at night. Sometimes something needs to be done. It has caused an increase in prices at restaurants around here; I can't go to the diner for breakfast as often, but I'm surviving and the folks working full time are no longer below the poverty line.
 
Shouldnt they be worried about minimum wage too? Or does that magically not effect them?
What is the logic connecting tariffs and min wage ... beyond both possibly raising wages? Are all means to wage increases good? Do they all have similar negative consequences, at least in theory?
I think he's probably just concerned with government interference in the free market.
 
Millions of Americans losing their good paying jobs to CHINA is why Trump is punishing them with tariffs wake up people.

Well, be sure to thank your beloved Dotard for the 4,000 point dump since January.

If you'll be an obedient and LOYAL Fuck - He may HIRE you!
 

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