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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Arthur Chu‏Verified account @arthur_affect 26 Jan 2017

      Arthur Chu Retweeted Laurie Voss

      Yeah if the tax is high enough ppl stop buying the goods which means the money stops coming inhttps://twitter.com/seldo/status/824822496914350080 …

      Arthur Chu added,

      Laurie Voss @seldo
      P.S. A 20% tax on Mexican imports is a tax on the Americans who are consuming those goods, not the Mexican exporters.
      1 reply 17 retweets 26 likes
    2. Arthur Chu‏Verified account @arthur_affect 26 Jan 2017
      Replying to @arthur_affect

      A punitive tariff can't also be a revenue tariff, this is very very basic economics

      3 replies 6 retweets 19 likes
    3. Arthur Chu‏Verified account @arthur_affect 26 Jan 2017
      Replying to @arthur_affect

      It's like when you're running a business you can't just keep jacking up prices or ppl stop buying shit Wait, does Donald not know this

      2 replies 12 retweets 29 likes
    4. Arthur Chu‏Verified account @arthur_affect 26 Jan 2017
      Replying to @arthur_affect

      Judging from how his businesses operate, he actually may not

      2 replies 1 retweet 22 likes
    5. Jesse Emspak‏Verified account @Mad_Science_Guy 26 Jan 2017
      Replying to @arthur_affect

      He operates businesses that are rent-driven. It's a fundamentally different model than anyone who makes stuff.

      1 reply 0 retweets 0 likes
    6. Fly Cobb‏ @marmstrongii 26 Jan 2017
      Replying to @Mad_Science_Guy @arthur_affect

      Demand decreases as the price increases - any reason that shouldn't apply in both cases?

      3 replies 0 retweets 0 likes
    7. Jesse Emspak‏Verified account @Mad_Science_Guy 27 Jan 2017
      Replying to @marmstrongii @arthur_affect

      It doesn't always apply with rental property (because ppl need places to live/locate business) also+

      1 reply 0 retweets 0 likes
      Arthur Chu‏Verified account @arthur_affect 27 Jan 2017
      Replying to @Mad_Science_Guy @marmstrongii

      it's not that it doesn't apply at all, it's that demand is less elastic (to use the proper econ jargon)

      4:53 AM - 27 Jan 2017
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Arthur Chu‏Verified account @arthur_affect 27 Jan 2017
          Replying to @arthur_affect @Mad_Science_Guy @marmstrongii

          I mean you can still only go so far before ppl wont pay the rent bc they literally can't

          2 replies 0 retweets 0 likes
        3. Jesse Emspak‏Verified account @Mad_Science_Guy 27 Jan 2017
          Replying to @arthur_affect @marmstrongii

          true but how far is pretty far. It's gets into how capital can move but people and many businesses less so.+

          0 replies 0 retweets 0 likes
        4. End of conversation

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