Copyright Gary Edward Nordell, all rights reserved. Powered by Blogger.

Monday, June 03, 2019

Reasoned Comment on Mexico Tariffs

Folks here in Albuquerque, New Mexico are in a panic about the idiot (and unconstitutional) tariffs levied by Emperor Trump on imported goods from Mexico. The most common comment is 'OMG what will Chipotle Restaurants do? they'll have to shut down!'.

ROFL: While these tariffs will have an adverse effect on consumer prices, the impact is not likely to change anybody's lifestyle. However much Chipotle - and all the other Southwest or Italian dining establishments here - use imported avocado and tomato as ingredients, the Trump Tax on them is on the *wholesale price*, which even at the final 25% tariff in five months, will barely amount to TEN CENTS per whole avocado and even less per whole tomato. The tariffs on Mexico and China are really not money-makers, not for the U.S. Treasury, not for anybody.

If Chipotle or the other restaurants feel the need to raise prices, they don't even have to reprint all their menus for this temporary insanity: get stickers printed and put one on each menu that says 'Prices on some food items may be temporarily increased a few pennies during the Trump Tax tariffs". Then change the computer to show which menu items get the teeny increase, and print a new summary line on the bill for the meal that reads "Trump Tax Tariff is only 12¢' (or whatever).

Trump and his obedient servants want you to panic so that you will not notice that they are manipulating the international situation to start World War III or Armageddon with Iran or China or even Turkey. War profiteering is the money-maker, guys.

Copyright 2019 by G.E. Nordell, all rights reserved