Essential and non-essential are almost meaningless distinctions for most goods people use on a daily basis. I could LIVE on beans and water. Do I NEED toothpaste? Aspirin? How much am I allowed to enjoy something before it’s a non-essential good?
People paid more for something because they were forced to, and it wasn’t for any economically necessary reason, and the cause was illegal, making it tantamount to theft, and refunds to companies equivalent to receiving stolen goods.
Nitpicking the necessity of the good is a cheap excuse to do nothing, not a gotcha.
If you paid the higher value with tariffs you would pay it any way. And if everyone was willing to pay the higher price then it would already have been higher. That’s how capitalism works. No CEO will charge less unless they think it will increase profit through volume.
Companies that increased prices because of tariffs probably lost customers in the process.
Essential and non-essential are almost meaningless distinctions for most goods people use on a daily basis. I could LIVE on beans and water. Do I NEED toothpaste? Aspirin? How much am I allowed to enjoy something before it’s a non-essential good?
People paid more for something because they were forced to, and it wasn’t for any economically necessary reason, and the cause was illegal, making it tantamount to theft, and refunds to companies equivalent to receiving stolen goods.
Nitpicking the necessity of the good is a cheap excuse to do nothing, not a gotcha.
If you paid the higher value with tariffs you would pay it any way. And if everyone was willing to pay the higher price then it would already have been higher. That’s how capitalism works. No CEO will charge less unless they think it will increase profit through volume.
Companies that increased prices because of tariffs probably lost customers in the process.