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by freedomben
250 days ago
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Yep, precisely. It really blows my mind to see so many people who normally support a free market suddenly forget (or ignore) what effect a tariff has on a market. Somehow it's now become a hammer and every problem is a nail. I get that there are some real (or perceived) issues that are trying to be solved with these tariffs, but that doesn't magically make the realities of what tariffs do to a market go away. "Just do something" is a good way to get a "solution" that makes you worse off. |
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Tariffs are the worse sort of tax, massive amounts of deadweight loss, and a burden specifically on the pooorest. Perhaps that second part is why they are so popular.