Wednesday, June 27, 2018

"Sky Is Falling!!!!"--Import-Auto Manufacturers

Here's a shocker:  manufacturers of cars imported to the US claim that Trump tariffs will cost U S citizens $45 billion per year in "taxes."  (Now we know where Mark Levin gets his talking points....)

Can you find the very important hidden assumption there?

Hint:  "free market."

Still don't get it?

How about this:  The U S citizen will NOT BUY the cars, thus saving $45 billion/year--and providing more jobs for domestic auto plants.

It's never smart to assume that VW-loyalty disease will overcome a $5800.00 price hike, mein freunde....

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