Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics


Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (40) |
Author: Dope1   😊 😞
Number: of 48445 
Subject: Re: Also in his own words
Date: 08/16/2024 2:03 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 1
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.
https://www.cnn.com/2022/08/09/business/ford-f-150....

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.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (40) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds