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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Dope1   😊 😞
Number: of 84361 
Subject: Re: Also in his own words
Date: 08/16/24 2:03 PM
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Neither is there such a transaction with nearly all the Democratic programs that conservatives disdain.

Sure there is. Subsidies are indirect wealth transfers because the price of the good being subsidized...inevitably rises in accordance with the $ amount of the subsidy itself.

Let's look at EVs.
cnn.com - Ford f lightning price.

When the Lightning first went on sale, the Pro version – the base model intended mostly as a simple work truck – cost about $40,000. Now it will cost about $47,000. More expensive versions of the truck have similar price increases, up to $8,500 for highly equipped extended range models. The Lightning is currently eligible for the $7,500 federal EV tax credit.

LOL, Ford jacked up the price MORE than the amount of the subsidy.

Prices never rise with a subsidy. Subsidies distort markets by making prices lower than they would otherwise be.

Nope. Depends on what it is. You'll see housing prices rise an average of ...$25,000 with Harris' proposal.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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