Economics Thread

mqt said:
This is a devil is in the details sort of deal, and it won’t be an issue if the changes are modest, but this is pretty much a textbook case of an elected official meddling with the equilibrium of supply and demand. If it’s a small enough amount to increase total revenue, then cheers. But color me skeptical.
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I think the motivation behind price increases is stopped in anti-foreigner rather than stooped in any economic rational.

With that said, I don’t think it will really matter. Price discrimination for citizen / non-citizen is fairly commonplace even in tourism.
 
sturg33 said:
Citizen pay the taxes to maintain the parks. Foreigners do not. I dont see why citizens shouldn't get a deal
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This isn’t one of the cases where I’m opposing Trump on moral grounds. I just hope we don’t go rah, rah Americans so hard we accidentally forget supply and demand.
 
sturg33 said:
I dont think highly subsidized markets ever concerned itself with supply and demand
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But an intelligent federal government should consider that greatly. I have not seen a body of work that suggests this particular administration shares in that zeal, particularly when it comes to foreigners.
 
mqt said:
But an intelligent federal government should consider that greatly. I have not seen a body of work that suggests this particular administration shares in that zeal, particularly when it comes to foreigners.
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This particular administration has an extreme left wing economic ideology
 
sturg33 said:
This particular administration has an extreme left wing economic ideology
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Honestly one of the worst things about this Trump term is the realization of how many people don’t even know when they’re being steered into an ideology they claim to be fundamentally opposed to. There are actual human beings out there in the wild simultaneously cheering on their goods being taxed more, the President warning companies not to raise prices and Trump wanting the government to have a stake in a private Steel company while warning about Mamdani doing rent control.
 
The Beer is brewed here

The beef is raised here and it’s been up for years

Among other things … corn still cheap.

Not sure axios is being truthful in those stats

Bush light was as cheap as I’ve ever seen it the other day. 10 for 18 pack i think
 
Tapate50 said:
Aluminum cans for beef and sweet corn too? Crazy times
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Imagine for me you run a farm in the United States. If you feed your cattle with something either produced abroad or packaged with something affected by a tariff, or if you use a pesticide impacted by a tariff when you grow your corn, or have any other number of operational expenses that might be impacted by a tariff, do you think that might increase the cost of your homegrown product? Would you let your margins erode or pass that along in the cost of the beef or corn?
 
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