We’re talking about a lot of domestic goods here. Why’s the BLT more expensive? It’s literally just bacon, lettuce and tomato.

Scams are scams, man. This is not economics, it’s human nature. Tariffs did not make the price of your BLT go up, it’s greed.

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churchill 6 days ago | parent | next [-]

>Tariffs did not make the price of your BLT go up, it’s greed.

What do you want to do about it, Stalin? Use the power of the state to legislate away human greed? Imprison these greedy people? Impose price controls (which have a long, storied history of not working and only leading to shortages and queues)?

We build economic policy around human nature, not otherwise. Humans will always seek to maximize profit at all costs. If you lock out foreign suppliers from competing using tariffs, local suppliers will reason that they can charge more and will rightly do so. And tariffs in one area end up affecting so many other areas in unforeseen ways. That's how tariffs on chemical fertilizer might end up affecting the price of something as mundane as bacon, lettuce, and tomato.

That's why free markets are important. They give buyers options, and sellers then have to lower their prices reasonably to be chosen/picked from that sea of options.

If you want lower prices, remove tariffs and trade restrictions.

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jurking_hoff 6 days ago | parent [-]

> What do you want to do about it, Stalin? Use the power of the state to legislate away human greed? Imprison these greedy people? Impose price controls

Fair enough

But in the same spirit, I will just murder you. What are you gonna do? Police human nature?

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churchill 6 days ago | parent [-]

What are the odds that you lose your life in the process?

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jurking_hoff 6 days ago | parent [-]

36.2%

Believing something so context dependent with so many variables can be given hard numbers is so stupid, I can’t believe it’s a real question.

But I guess lying is what you people do for a living.

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churchill 6 days ago | parent [-]

Since I'm holding onto half the odds, it's closer to 50%. but, since I'm motivated to stay alive, your chances probably look worse.

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ivape 6 days ago | parent [-]

Fighting amongst ourselves when we should be shaming the mayonnaise and baloney sandwich over-pricers. That’s the problem with the petite bourgeois and proletariat.

	▲	skirmish 5 days ago \| parent [-]
		Shaming is so effective, the sellers' faces will turn red with shame, and they will immediately drop prices by 2/3 at least. Hah, hah, no, they won't. Of course, they will overprice when you have no other options.

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avgDev 6 days ago | parent | prev [-]

A lot of domestic goods can be affected by the tariff war US is waging. We are a part of a global economy. Additionally, ICE raids are adding to the issue.

Even for products made in the US if other things increase the cost of running a business those costs will get passed on to the buyer. It takes LABOR to get bacon, lettuce and tomato....have you heard about ICE raids and crops getting wasted because people are not showing up to work? That will affect prices as less produce = higher prices as demand increases.

If equipment gets more expensive, then cost of produce gets more expensive. I work for a manufacturing company...under Trump our cost has been spiking due to insane tariffs....those costs are passed to people who make equipment and to farmers, then to YOU.