Depends whose ox is being gored.

[no_hypocrisy]

American automakers predict that because of the cost of tariffs on steel and aluminum, the cost of a new car could rise to $38,000.

Harley-Davidson has predicted the cost of its bikes could rise another $2,000.

The cost of new wheels is going to go up.

For decades as manufacturing left this country to manufacture goods, such as cars and trucks, in other countries, the excuse was the consumer would find the cost of the product to be prohibitive due to the costs of labor.

And now the same consumers are expected to continue to buy American products as listed above with the added costs due to the tariffs.

My point: It's always been about screwing the workers. American manufacturing could have stayed in this country indefinitely with the present/future costs of labor if it truly believed that their products would still be purchased. It's not the price. It's the underlying reason for the increase of the cost of the products.

[exboyfil]

1. I have a pretty elastic demand curve

and I am pretty much priced out of the market for new cars already. I just pray my 2002 Cavalier continues to run (along with the 2009 HHR).

At the end of the day it is about maximizing shareholder value. That what makes the tax giveaway so frustrating. I think if this trade war continues, the powers that be will find out how truly the consumer demand curve is for non-essentials and quasi-essentials (like cars).

[Sherman A1]

2. Manufacturing has always

Chased lower labor costs, that is nothing new. It’s not good news, but hardly a surprise.