naomi 356 Posted August 16, 2024 Great article. Just the mechanics. Not partisan. It points out one of Trump's politically popular but real-world damaging fiscal policies, too. https://mises.org/mises-wire/kamala-wants-price-controls-and-its-not-because-she-has-good-intentions Share this post Link to post Share on other sites
The Real timschochet 6,741 Posted August 16, 2024 1 minute ago, naomi said: Great article. Just the mechanics. Not partisan. It points out one of Trump's politically popular but real-world damaging fiscal policies, too. https://mises.org/mises-wire/kamala-wants-price-controls-and-its-not-because-she-has-good-intentions This is the libertarian POV (the institute is named after the great libertarian Ludwig Von Mises) and its legitimate in a vacuum. But it’s disingenuous in this instance, because any consistent libertarian would add at the end of the article: Despite all this I am voting for Kamala Harris anyhow because Trump’s tariff plans are so awful, such a catastrophic attack on free market capitalism, that all of Harris’ price control proposals pale by comparison. By not including that ending, by pretending that somehow Donald Trump is a reasonable alternative, the writer is being dishonest and spitting on Von Moses’ memory and reputation. 1 Share this post Link to post Share on other sites
naomi 356 Posted August 16, 2024 Thanks for explaining what the Mises Institute is to me. If you knew me well, you'd understand why that's funny. The author does mention the danger of Trump's tarrifs plan. (I need to school myself on that). Share this post Link to post Share on other sites
The Real timschochet 6,741 Posted August 16, 2024 1 minute ago, naomi said: Thanks for explaining what the Mises Institute is to me. If you knew me well, you'd understand why that's funny. The author does mention the danger of Trump's tarrifs plan. (I need to school myself on that). I wasn’t trying to explain it to you. I figured you knew already. But there is a huge contradiction here. It’s not like the tariffs should be mentioned in addition to the price controls; it’s that the tariffs are so catastrophic to anyone who cares about the free market (and thus libertarianism and American prosperity) that it makes the issue of price controls so minor as to not be worth considering (especially when you factor in the truth: that this is a political proposal designed to win votes, that even if Kamala wins she will never have the power to enact this, thus it’s all theoretical anyhow. Meanwhile if Trump wins he WILL have the power to enforce his tariff plans.) Share this post Link to post Share on other sites
naomi 356 Posted August 16, 2024 You seem to be understating the consequences of price controls. But that is a potentially worthwhile point about how feasible follow-through would or wouldn't be. The FTC under this admin is already active on making the "case" for price controls. What pressure could they exert? And I'm glad you brought up Trump's tarrifs plan because that sounds worthy of understanding, too. https://www.cato.org/blog/trumps-tariff-plan-will-raise-prices-consumers-just-bastiat-warned-170-years-ago Share this post Link to post Share on other sites
RaiderHaters Revenge 4,338 Posted August 16, 2024 23 minutes ago, naomi said: You seem to be understating the consequences of price controls. But that is a potentially worthwhile point about how feasible follow-through would or wouldn't be. The FTC under this admin is already active on making the "case" for price controls. What pressure could they exert? And I'm glad you brought up Trump's tarrifs plan because that sounds worthy of understanding, too. https://www.cato.org/blog/trumps-tariff-plan-will-raise-prices-consumers-just-bastiat-warned-170-years-ago Tim only understands one thing. Orange man bad. Kamala could literally implement communist policy and he will whataboutism trump non stop no libertarian would finish an article with a but I’m voting for Kamala. The one who wants to take freedoms away a libertarian places freedom above finance and capitalism is the solution 3 1 Share this post Link to post Share on other sites
IGotWorms 4,058 Posted August 16, 2024 Yeah seems too heavy handed to me. Both Kamala’s plan and Trump’s tariffs Share this post Link to post Share on other sites
BarneyFife 34 Posted August 16, 2024 Hey you dematarda…..Biden kept Trumps tariffs in place. What say you? 1 Share this post Link to post Share on other sites
The Real timschochet 6,741 Posted August 16, 2024 1 hour ago, BarneyFife said: Hey you dematarda…..Biden kept Trumps tariffs in place. What say you? OK let’s get this straight because a lot of people here are confused about this subject and at least one guy is flat out lying (that’s you @Hardcore troubadour 1. Trump as President placed tariffs on many countries and up to 20% on China (awful- set the stage for most of our economic problems) 2. Biden as President lifted most of the tariffs but kept the ones on China (still awful. Terrible decision by Biden.) 3. Trump’s new plan if he becomes President again will be to place tariffs of 10-20% on ALL countries (no exceptions) and 60% on China. (Disastrous. Will basically destroy our economy. This is the reason I wrote that all those who give a damn about the free market should vote for Kamala no matter how much you might disagree with her.) Share this post Link to post Share on other sites
Patented Phil 1,469 Posted August 16, 2024 2 hours ago, The Real timschochet said: OK let’s get this straight because a lot of people here are confused about this subject and at least one guy is flat out lying (that’s you @Hardcore troubadour 1. Trump as President placed tariffs on many countries and up to 20% on China (awful- set the stage for most of our economic problems) 2. Biden as President lifted most of the tariffs but kept the ones on China (still awful. Terrible decision by Biden.) 3. Trump’s new plan if he becomes President again will be to place tariffs of 10-20% on ALL countries (no exceptions) and 60% on China. (Disastrous. Will basically destroy our economy. This is the reason I wrote that all those who give a damn about the free market should vote for Kamala no matter how much you might disagree with her.) Nonsense. “More tax revenue from the trade war tariffs has been collected under Biden than under Trump.” Share this post Link to post Share on other sites
Patented Phil 1,469 Posted August 16, 2024 It’s staggering to me that we have a far-Left ticket calling for federal price controls. If this country elects these Commies we deserve exactly what we’ll get. Those who fail to learn from history are condemned to repeat it. Share this post Link to post Share on other sites
JuneJuly 210 Posted August 16, 2024 More proof Tim just says stuff and flat out lies. Share this post Link to post Share on other sites
MLCKAA 572 Posted August 16, 2024 Look, America is lost. It’s over. Financially, this country is over a barrel. The only solution for America to have a brighter future is to cut federal spending and reduce government. Since absolutely no one wants to cut spending, there is no hope. It’s already over. Share this post Link to post Share on other sites