Ch. 18

Ch. 18

by Avery Mitchell -
Number of replies: 2

This video is basically Stossel talking about how he doesn't believe tariffs are good for the economy. He says that its a tactic that politicians use to entice people into what they claim will be good for the economy, but in reality it isn't good at all. Throughout the video he talks about the negative impacts of tariffs: raising prices, increased unemployment, and the hurt toward companies that aren't big distribution companies. 

In reply to Avery Mitchell

Re: Ch. 18

by Avery Mitchell -
Both presidents were very pro-tariff. They are politically attractive to people even if they aren't a good idea. They both run on the idea that it protects American workers which is something that is wanted by everyone. They also want to protect major industries and compete with China. They don't have similar ideologies, tariffs are just one of the overlapping ideas in both of their campaigns.
In reply to Avery Mitchell

Re: Ch. 18

by Quinn Mann -
Agreed. They are in support of tariffs because they seem appealing to the general public. They also argue that tariffs help to protect against foreign competitors.
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