David Boyle
David Boyle
5 Years 290 days - Tariffs
5 Years 290 days - Tariffs
5 Years 290 days - Tariffs
Wednesday 26th February 2025
Comedian David Boyle breaks down tariffs in his unique style, revealing how they protect corporations and affect consumers.
Explicit
8 minutes
Informative
Entertaining
Educational
Honest
Engaging
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Author:
David Boyle
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Sobriety in Everyday Life
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Financial Health in Recovery
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Get the buttons here!David Boyle's Hilarious Take on Tariffs and Their Real Impact
Episode Overview
- Tariffs are importation taxes often disguised as beneficial policies.
- They primarily protect corporations rather than consumers.
- In Australia, lack of tariffs on BYD cars forces Tesla to lower prices.
- In the US, a 30% tariff on BYD cars protects Tesla from competition.
- Boyle uses humour to make complex economic concepts accessible.
Tariffs are basically protectionist. So, you use tariffs generally to protect an industry.
David Boyle is back with another episode of 'I'm Quitting Alcohol', and this time he's taking on the topic of tariffs. Boyle, known for his comedic yet insightful takes, breaks down what tariffs really are - importation taxes. He explains how these taxes are often disguised as something beneficial, but in reality, they serve to protect corporations rather than consumers. With his usual blend of humour and straightforwardness, Boyle discusses how tariffs can keep prices artificially high and limit competition.
Using the example of the Chinese electric car company BYD, he illustrates how tariffs can impact markets. In Australia, where there are no tariffs on BYD cars, competition has forced Tesla to lower its prices. However, in the US, a 30% tariff on BYD cars protects Tesla from competition, keeping prices high for consumers. Boyle's rant on tariffs is both educational and entertaining, making complex economic concepts accessible and engaging.
If you've ever wondered how tariffs affect your wallet or just want a good laugh, this episode is a must-listen.