Trump is basically a sad fat kid in a classroom that just cries and screams when shit doesn't go his way and then ruins everything for everyone else.
this post was submitted on 28 Jan 2025
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Ah yes. Our sworn enemy: Taiwan.
It would be comical if it wasn't so sad.
Trump is on china's side. Make no mistake he like their way of doing things.
Trump had to tariff someone or else he was going to look stupid for never shutting up about tarrifs.
He's going, or is, senil. The tariffs are just something that got into his head that are simple to understand.
he is going, or is, senile
How the hell we’ll be able to tell
Did you see the vid where he thinks Spain is the S in BRICS?!
🤡
He's probably has had dementia for a while, that's where his lean and dumptruck ass come from.
https://miro.medium.com/v2/resize:fit:974/1*6-MPRi55oBECO6mrZEQfAg.png
Wat
It's going to impact American consumers a hell of a lot more.
Came here to say that. Americans pay the tarrifs. He's raising prices for American consumers.
Is America great yet?
Has it ever been?
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Surely this will bring egg prices down.
lol is he even trying to hide being a Russian puppet anymore?
Lol, I'd love to watch everyone in the US paying triple for literally anything that has electronics in it.
If Trump then wants to build chips in the US, good luck. ASML is the only one with the machines, first of all, and by the time he can buy those, something tells me they might have some extra tarifs added to them, and then paying US salaries for electronics would skyrocket prices to people having to pay four-five times the amount of what they're paying now.
Not saying that the near slavery conditions in Asia are fine, that should have changed decades ago, but the way trump is doing this is hilarious, people will want his head on a plattee
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Wildly bad ideas at exactly the right time in history to do the most damage.
Trump is going to use Tariffs to try to offset making larger tax cuts for the wealthy.
It’s better that he does this now so that we have a solid recent example to point to of how this will impact what we pay for goods.
Never mind we have 100 years of data backing this up, people are idiots and won’t recognize the treat until it hurts them directly.
To be fair, we mostly have examples of how free trade reduces prices. But this reduction in prices usually wasn't instantaneous and perceivable by ordinary folks. Because corporations wouldn't hand out the savings to consumers until the very slow market force of competition forced them to. Tariffs will make everything more expensive and even if they are eventually culled, stuff will not become suddenly cheap again.
I agree, I doubt very much that price savings for any reduction in Tariffs will be passed onto the consumer. However any increase in Tariffs will immediately be felt.
I’d rather see an increase in a single sector such as microchips to show the public the costs of Trump’s plan in real modern dollars to help build opposition. Than wait until he pushes an across the board Tariff. Which would likely result in a stagflation for the population at large.
In a way I’m glad he’s doing this. He’s going to inflect so much pain that he loses in a landslide in four or 8 years or whatever. If income tax rates are 0, then a new administration would be able to set them as high as they want without consideration of trying to increase them by 2 percent or whatever they do now.
I agree I’d rather Trump shit the bed hard and early so we can contain the damage and show the public at large what his policies will really do to them.
But Tariffs will never be enough to offset income tax completely. I think he is going to use Tariffs to offset renewing his tax cuts for the wealthy. There are a good number of house republicans who will not go along with tax cuts if it increases the deficit. Revenue from tariffs would give him enough cover to placate those Republicans while directly pushing the cost onto US consumers who are primarily lower and middle classes.
Even after 4 years when he is out of office and the next administration reduces those tariffs and goes back to a progressive tax system. Even reducing those tariffs then will never bring prices down. Companies will never pass those savings entirely to the consumer they will pocket the money and everyone else will be screwed.
It does not make any sense
That’s because syphilis hasn’t mushed your brain
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