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Old 05-16-2019, 06:59 PM   #12
FlyingScot
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Oops, bit of a typo in my first post--I understated the problem. To clarify--when Chinese washers were tariffed, not only did the price of imported washers go up, but the prices of imported dryers, and the prices of domestic washers and dryers all went up. Maybe this was greed, as Woody suggests, or maybe just capitalism, or maybe there's not much of a difference. But the clear result was a giant hit for consumers.

Here's more interesting detail--prices still up on both, for both imported and domestic. (For the politically minded--this is a liberal paper writing about a study done at one of the most conservative economics departments, so I hope we can all accept the information/analysis)

https://www.washingtonpost.com/us-po...=.1303286804cf

Last edited by FlyingScot; 05-16-2019 at 09:31 PM.
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