Stupid people
Apr. 20th, 2004 04:26 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
tigiraYou know, some folks don't understand how money issues trickle down to the consumer. That just aggravates me.
The attitude of, "I don't care who does what, it doesn't affect my pocket," is just ignorant. When you make trade decisions, whether interstate or international, it affects the individual consumer.
When our sort-of-president makes decisions that create international tension, we end up losing. Our manufacturers then have to pay higher tariffs to sell their products overseas. That loss of profit is not passed on to the overseas consumer, or that business will be completely lost. It is passed onto us and our governing bodies. When that happens, the governing bodies don't accept the cost themselves, they pass it onto us AGAIN as taxes.
When this happens, insurance companies push for rate increases. Granted, they are regulated by the individual states, but when the cost of doing business is increased that much, then the states really have to allow the rate increases in order to keep the insurance companies solvent. To do otherwise would create such a pit of debt in this country that our current situation would look like we're living high.
*sigh* Ok, rant done. For now, at least.
The attitude of, "I don't care who does what, it doesn't affect my pocket," is just ignorant. When you make trade decisions, whether interstate or international, it affects the individual consumer.
When our sort-of-president makes decisions that create international tension, we end up losing. Our manufacturers then have to pay higher tariffs to sell their products overseas. That loss of profit is not passed on to the overseas consumer, or that business will be completely lost. It is passed onto us and our governing bodies. When that happens, the governing bodies don't accept the cost themselves, they pass it onto us AGAIN as taxes.
When this happens, insurance companies push for rate increases. Granted, they are regulated by the individual states, but when the cost of doing business is increased that much, then the states really have to allow the rate increases in order to keep the insurance companies solvent. To do otherwise would create such a pit of debt in this country that our current situation would look like we're living high.
*sigh* Ok, rant done. For now, at least.
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Trickle-down economics
Date: 2004-04-20 02:12 pm (UTC)Heh.
Re: Trickle-down economics
Date: 2004-04-20 02:17 pm (UTC)(no subject)
Date: 2004-04-20 02:20 pm (UTC)