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anon8675309(1) Clarified
1 point

That's not exactly the case. Sure, as a consumer WITH THE MEANS TO PURCHASE, I'm going to pick the cheaper one. But as a worker, I'm going to support keeping my job, even if it means paying an extra $65 for an ipod. As a government, I'm going to support whatever will mean more revenues for me to tax. As a consumer, I won't be shopping for ipods if I'm out of work because someone over seas took my job.

Finally, as an economist, I'm not going to favor policies that would lead to a more polarized distribution of wealth, as I know that will lead to fewer consumers with the means to purchase luxury items.



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