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A comment on Kiel Institute Analysis: US Americans pay 96% of tariff burden. Parent comment

Re:Kiel Institute Analysis: US Americans pay 96% of tariff b... by disgruntledphd2 on Tuesday January 20, 2026 @06:20AM (#46690642)
Because ultimately humans are not homo econonimus, and many citizens of the west won't be able to get jobs in tech/finance/services. It's a societal issue rather than a capitalist issue.
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Re:Kiel Institute Analysis: US Americans pay 96% of tariff b... by immibis on Tuesday January 20, 2026 @08:44AM (#46691767)
We live in a capitalism. If something makes capitalistic sense it happens, otherwise it doesn't. Stuff will not be manufactured locally at great expense when it can instead be imported for free.
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Re:Kiel Institute Analysis: US Americans pay 96% of tariff b... by DangitBobby on Tuesday January 20, 2026 @09:22AM (#46692108)
Which is why everyone in the US who wants an affordable EV is currently driving a Chinese car.
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Re:Kiel Institute Analysis: US Americans pay 96% of tariff b... by disgruntledphd2 on Tuesday January 20, 2026 @11:17AM (#46693595)
> We live in a capitalism

The absence of capital controls is a political choice that people appear to believe is just a law of the world.

If there were capital controls then local manufacturing makes more sense.

It would kill the US stock market so it's unlikely to happen, but personally I don't see how unrestricted capital and restricted labour is anything but a recipe for disaster (the consequences of which we've seen in the US and Europe since the financial crisis).

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