Comments by "josh fritz" (@joshfritz5345) on "" video.

  1. Two things on tariffs that you didn't directly address that can still make them desirable sometimes. 1. They are a type of protectionism. Yes, tariffs are a tax, and those costs do usually make their way to the consumer in part. However, they are primarily designed to favor domestic industry over foreign industry. By making foreign goods more expensive, a country can make it more viable to produce those goods locally even if the locals demand a higher wage. The result is also an increase in the cost of goods, but some would consider the additional jobs created a net positive. Protectionism isn't very libertarian, but it is seen as desirable to some people. 2. Tariffs as a negotiation tool. This is very relevant to the current situation in the US. A certain president is using tariffs as a means to strongarm other countries to lower their tariffs on his own country, or to address a trade deficit. In the short term, imported goods get more expensive, but the one imposing the tariffs is gambling that they can use them to get more favorable trading terms to export their own goods, spurring local economic growth. Tariffs aren't creating any new resources, they're a tool to try and get the country implementing them a larger part of the pie for themselves. Even if you're honest about that, some people would still consider that a goal worth pursuing.
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