Post #12736 by oddhack on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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And the thing that may make the comparative advantage theory an incomplete analysis of the problem is, in our modern country and economy, we spend money on displaced or underemployed workers when they are underemployed.

If tariffs were being spent to assist said displaced / under / un-employed workers that would be a reasonable policy angle to debate. But the actual tariffs are going to be spent to partially offset tax cuts for the top quintile while almost everyone else gets charged MORE taxes, and support for said workers is being undercut by a multitude of staffing, program, and upcoming budget cuts. This does not make for a convincing case IMO.

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