- cross-posted to:
- politicalmemes@lemmy.world
- leopardsatemyface@lemmy.world
- cross-posted to:
- politicalmemes@lemmy.world
- leopardsatemyface@lemmy.world
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Maybe it’s because I took economics as far back as high school, but even just from reading high school history books I knew what a Tariff was. How the FUCK did they not know that?
I am also willing to bet that they will eventually blame the democrats for breaking the system, as they always do.
There’s a fair portion of people 21+ that have difficulty playing blackjack because they can’t add to 21. I got asked by a grown man last night what 9+1+3 is.
You’d be surprised how incompetent some people are.
I posted a meme last week before the election about a lot of my fellow Americans being depressingly ignorant and a bunch of people got pissed off about it.
I’m just saying…
Some companies have already said they’re going to pass the extra cost onto consumers, so while the companies will pay more, they’ll make a lot of that back from the consumers that can still afford the products.
Electronics will probably be the hardest hit, with prices of cell phones, laptops, and game consoles increasing quite a bit.
Low inflation statistics have been helped significantly by cheaper electronics. So everybody who voted Trump to lower inflation is in for a surprise.
Good thing I got a new computer now. They’ll just blame democrats (who do have a lot to blame for not countering the bullshit of the Republicans over the past 45 years) for it and insist that the tariffs would have brought prices down if they were done without democratic interference…
This tells me the information pipe to voters is broken, and hacked.
People live in their own social media realities. There has always been ignorance, but it’s never been so widely personalized. And Trump and the GoP played it like a fiddle.
And just watch, the Dems are going to learn precisely nothing from this and campaign like it’s the 1950s again, thinking policy was their problem.
The sheer stupidity of the dems is kinda astonishing. The reason why Obama won is because he had a goddamn narrative. Yes we can! Change you can believe in! It’s almost like they were onto something… then they did nothing.
It’s sad to see that the people that do the most honest work are always being played by people doing the most dishonest one.
Story of my life right there.
And it’s sooo typical of their hyper-inflated personal and national egos:
They didn’t wonder for one minute why on earth foreign companies would pay up. For the honor or doing business with the greatest country on earth tm? Because they’d have no choice of other buyers, since no other countries has car / computer / whatever manufacturers who’d buy their products instead?They. Are. So. Fucking. Insular.
It’s simpler than that. They have literally no idea what tax incidence even is, and think the government just decides who the burden falls on.
Their
They
They
They being Americans?
There was another post about how Americans unfairly generalize Russians (or others) for the things their country does, and how hypocritical it is, implying we would get defensive. Well here I am, an American, reacting to my people being generalized:
Nods
Agrees
We are like that, and did this to ourselves.
It’s not just Americans, remember the Brexiteers realizing that due to Brexit, they need a visa for their Spanish holiday, and they have to stand in the “rest of the world” line?
We will see a bunch of “this is not the Brexit I’ve voted for” to come.
You had me in the first half, not gonna lie.
Most people on this planet are dumb as shit. More at 11
Wow, the turn around time on that was fast.
Life under Trump in 2024 will be orders of magnitude worse than life under him in 2016. It won’t take long for Americans to begin to feel strong consequences of the election result.
I guess I forgot some people knew what to expect from a second Trump term and would plan accordingly. It would have been nice if this guy had sat these people down and had this talk before the election.
Perhaps telling all his employees that if Trump won he’d cut their bonuses would be taken as attempting to threaten their vote?
Except the president also voted for Trump.
How about a seminar on tariffs though.
Guise, I’m struggling. Part of me says…let them all burn for their “fuck around and find out”.
But I know that isn’t completely right. I just, am, so, angry (and sad).
Will probably choose the let them burn route.
I say you can enjoy watching the fire, since you didn’t light it up.
I say let it rip.
On the other hand, there’s nothing you can do anyway, so the only option is to let them burn.
You. I like you.
The anger stems from their ignorance.
“Fuck around and find out” is literally the only way to learn in “basal” levels of intelligence.
I’m just making popcorn for the show when leopards start eating faces
And there will be more people lining up to have their faces eaten, too. They will love it.
Womp womp
I mean the whole point is paying a tariff so American companies make the goods instead for less.
But if paying Chinese poverty wages and tariffs is still less than paying Americans to do it, then guess what they’re going to do?
Global trade drove the cost of supplies and goods down to the lowest available prices, so while setting tariffs may encourage local production because it makes overseas less attractive, the price of goods still goes up on both scenarios.
If moved locally, there will be more local labor required for production but it’s not clear if that is a net benefit.
Hypothetically under globalism more developed countries shed their “dirty manufacturing labor jobs” and move more people upmarket. Of course this is matter of nonstop debate among economists because as we all know the whole population of a country can’t move upmarket together and a lot of people were/are screwed because of lack of education and opportunity to develop themselves.
In an ideal implemention of this, more people would be moving to the arts, self expression, and technology, while fewer are involved in survival activities like shelter and food.
I think the unsolved problem now is that average people believe way too much of that wealth went to the top while the middle class is working harder than ever and getting less.
It’s also dumb to just assume that foreign companies can just flip a switch and start building/assembling whatever they sell in America. You need facilities, you need to hire employees, you need to train employees. You can’t just pick up your factory, drop it in Kansas, and just slot people into the building to work it right away.
Also, unless your plan is to exclusively export to the US, then it’s less cost effective to open up new facilities in the US. You just raise prices and and have the consumers take the hit for the tariff. There’s also the problem of logistics for raw materials for whatever products your manufacturing. Those also tend to cost more to acquire stateside.
The worst part is that policy is only a single bullet in the policy foot gun Trump has loaded. It gets even more expensive when the low cost labor is suddenly deported and/or put in camps. Which I realize isn’t even the worst thing about the immigration policy, but just pointing out that it too has consequences to these same people.
What do you mean my car is now valued for so much less? Well see all the parts are all manufactured overseas, so we have to pay tariffs to acquire the parts and they cost much more. Higher repair costs, lower value. Also, your car insurance just went up.
Repairs on any products you currently own, more expensive.
Don’t worry, in 10 years these prices will stabilize and we’ll still have 8 dollar an hour minimum wage, but a new car only cost 80,000 starting. Well that’s MSRP, Desantis banned direct sales of ICE cars without going through a dealership, so they need their cut.
We were going to subsidize vegetable based meat substitutes to drive the cost of food down, but instead we decided we should ban lab grown meats from existence, and not subsidize the vegatable based meat because if I I don’t know if I’ll like it, NO ONE else is allowed to try it!
Welcome to America, home of our grave
Raise the tariffs?
Sure, but the whole concept relies on Americans being too wealthy and need to pay more for their stuff. They’re lazy and need more work to do.
And with all the poverty about, people working multiple jobs, the gig economy turning minimum wage evasion into “well you chose to do it”, I’m surprised that over half the country agreed with the billionaire about that.
The people I talked to thought tariffs would nt change prices. Also thought they were for a free market.
I don’t know if this post is true or not. However, a lot of people don’t know history, civics, & economics. (This is the result of the Reagan & Bushes dismantling of the education system.) I’ve told a lot of people to look up the Smoot-Hawley Tariff Act of 1930 and the impact it had on our and the global economy. Tariffs will start a trade war. That’s what happened to our farmers the last time Trump was in office. He ended up having to bail out farmers which cost more than the tariff brought into the government. The Chinese simply bought their soy beans from other countries instead of paying for ours. There were a lot of farmers that lost their farms then.
I have been told many times to feel bad for those farmers, that they aren’t idiots, etc.
I thought I ran of fucks for them but a few more just flew out like butterflies from a dusty chest.
I hope ever single one that put up those massive Trump signs loses their family farms to big corporations.
We need fewer corporate farms, which are dirty as fuck now let alone after they gut the USDA. I hope that they lose their family farm to two gay dudes from Vermont who got really into organic gardening and decided to cash in their b&b for corgis to start growing high quality produce right here in America’s heartland.
I’m sure the corporate farmers were happy to buy up that land and cut the trump admin a nice check for the convenience.
Anyone? Anyone? Raised or lowered? Anyone? Anyone know what this is?
OMFG!!! LMFAO🤣🤣🤣🤣🤣 I totally forgot about that. Great memory and response!!! Line of the day!
They all thought the foreign company paid the tariff.
This is probably what Trump thinks, too. I can easily believe he is that stupid.
I’m also wondering just what the fuck Trump and co. are going to do with all the money obtained from these tariffs. Just, like, spend it all on hookers and blow or what? Remember how you all believed this was the party of “low taxes?” Yeah, guess what a tariff is, fuckers.
Yeah he’s literally said that he thinks the foreign country pays it
This is probably what Trump thinks, too.
100%. If he isn’t reading it from a script that someone else wrote, he knows nothing about the topics he’s talking about.
He even boasts about “knowing more than anyone about XYZ”, yet, it can’t expand on the subject, can’t answer questions about it, is vague, and reminds me of how really bad LLMs answer questions.
I found some additional articles on what he said about this, and he did indeed flat out say he expects the “other countries” to pay the tariffs. For instance, this.
A sweeping tariff policy will kill two birds with one stone, Trump says: It could find a new source of revenue for the U.S. government, which could offset losses from lowering or eliminating certain forms of income tax, while extracting money from rival governments.
That’s not how tariffs have worked at any point in history.
Yup. He does a great job “selling” ideas that simply aren’t grounded in reality.
Like that wall that Mexico was going to pay for. What an idiot. Did his base think the United States would just send Mexico a bill for work completed and expect them to pay it? You couldn’t make this buffoonery up!
And then people buy these unrealistic ideas and when they get harmed by reality, they somehow blame ‘leftists’, ‘progressives’, ‘demon rats’, ‘Obama’ or any other bogeyman for it.
I had a boss like this. Had all these million dollar ideas but no capacity to consider that someone else had the same idea and it either made no damn sense or it had already been done and people went to jail for it. Motherfuckers dream up grifts halfway and think everyone else is an idiot or sucker for not acting on the “golden opportunity”.
You couldn’t make this buffoonery up!
Well somebody did
When it’s returned to the feds it’s just destroyed. Federal return is just the return of debt, it’s not more money.
Just, like, spend it all on hookers and blow or what?
Would this honestly surprise you?
Considering the stories that came out about how they used the White House pharmacy as a drug dealer, no, it would not surprise me in the least.
They used what as what?
deleted by creator
Huh, I half expected “White House pharmacy was running drops in Washington DC and it’s neighbouring area”.
Don’t forget who paid for the wall … I mean Mexico totally was writing the checks…fucking idiots.
To be honest, this kind of feels to me like the boss was just looking for an excuse to not have to pay workers.
I mean, he got it and it’s actually a good one. Uncertain finances tend to cut into bonuses of all types.
I grew up in SWPA. Absolutely the most small minded place I’ve ever been. F that place
