Who REALLY Pays The Tariff Crap?

 I've watched fifty-odd interviews where economists and journalist want to explain the Trump tariff, and how YOU, the consumer, pay it.

So....lets examine two facts.

First, any product made in Europe....comes to the US to be bought, will have the tariff, and you the consumer will pay the tariff.

Second, what exactly are you lined up to buy....made in Europe?

Agriculture stuff?  No....most of that is US or Mexican produced.

Wine?  To be honest, if you counted on both hands.....you probably only know two people who regularly drink French or Italian wine.  If I asked how wealthy they were....you'd grin and admit that they live 'high-on-the-hog' and can afford a tariff.

Cars?  If you know someone in the US with a Porsche, Mercedes, Audi or BMW....you will admit they also live 'high-on-the-hog'....as a doctor, banker, or engineer.  They can afford to pay an extra $7,000 on the tariff.

As you go down the list....after 10 minutes....you readily admit that you just don't buy anything much made in Europe.  You know some wealthy folks who do....but they can afford an extra $15,000 a year buying this stuff.

Does the financial dimwit on CNN mention this?  No.

I would be worried if I were buying German or Dutch stuff....but in a US-landscape....I won't be doing that.  

The same being true for a German buying US stuff?  Yeah, that's the amusing part of the story.    I might see a reason to buy US whiskey, but that's the max I might go.

So all of this BS?  Yeah, if you think about.....the ultra rich will pay the bulk of the tariff crap.