Aussie living in the San Francisco Bay Area.
Coding since 1998.
.NET Foundation member. C# fan
https://d.sb/
Mastodon: @dan@d.sb

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Joined 1 year ago
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Cake day: June 14th, 2023

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  • I like how the headline says 2/3 of Americans “think” tariffs will lead to higher prices. The other 1/3 aren’t thinking at all.

    Tariffs are passed on straight to the consumer. Demand for products from other countries isn’t going to suddenly disappear. Some things can’t be easily made in the USA, and sometimes the items made overseas are a higher quality product.

    It’s like rebates - they very rarely benefit the consumer. Having a 30% rebate for solar panels is fine, but it means the prices are at least 30% higher than they should be, which is obvious if you compare US prices to European and Australian prices for identical systems.