Obama's Tire Tariff Will Hurt the Poor the Most

Discussion in 'Economy' started by Toro, Sep 14, 2009.

  1. Toro
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    Toro Diamond Member

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    Why? Because the tariff is on the cheapest tires, which aren't purchased by people who drive Lexus's or BMW's.

    Tariff on Tires to Cost Consumers - WSJ.com

    The tariff was opposed by tire retailers because it takes money away from them.

    China angered by US tariffs on tires -- Shanghai Daily | 上海日报 -- English Window to China New

    Leftist economist Greg DeLong explains why the tariff is a bad idea.

    Barack Obama Does Something Really Stupid: Tire Tariffs

    The tariff will benefit the few at the expense of the many. It is essentially a transfer from the poor and lower middle class to the middle class. It is bad policy.
     
  2. Modbert
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    Modbert Daydream Believer Supporting Member

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    I'm honestly not surprised by this.
     
  3. Mr Clean
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    Mr Clean Gold Member

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    Cheap shit tires from Communist China.

    Exactly what America needs.
     
  4. Modbert
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    Modbert Daydream Believer Supporting Member

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    The low and middle class are fucked either way.

    Support this, get fucked in prices in a bad economy where millions have lost their jobs.

    Don't support this, continue to watch American jobs turn into dust in the wind.

    Personally, I still don't think this tariff should continue.
     
  5. eagleseven
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    eagleseven Quod Erat Demonstrandum

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