• BlameThePeacock@lemmy.ca
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    1 month ago

    No shit.

    This is literally in the first paragraph of every economics textbook when they talk about tariffs.

    • HappycamperNZ@lemmy.world
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      1 month ago

      No, the first page is how it introduces inefficiencies into a supply/demand equilibrium, resulting in a lower quantity supplied and at a higher price.

      No one who every studies economics, even in passing, would even consider another country paying a tarrif for something you buy. The concept is just… what?

    • Kalysta@lemm.ee
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      1 month ago

      My friend just got into a fight with some MAGATs on facebook about why we need things like civics education so we know what we’re voting for.

      You’ll be shocked to learn the MAGATs called him a communist for daring to want to educate them. They don’t even want to open the textbook let alone read it.