Not only do US companies pay the tariff but they pass it on to their customers and other countries or on counter tarrifs on US products.
This is what happened in the UK with Brexit.
This is definitely fake, but it’s tremendously funny so I choose to believe it’s real
This is definitely fake, but […] I choose to believe it’s real
2024 election in a nutshell
Just read estimates his tariffs would cost the average household 7600 annually. I told my folks and they didn’t understand why I thought it was funny. I told them they wanted this.
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. Last night I was asked by a grown man what 9+1+3 is.
You’d be surprised how incompetent some people are.
I worked in customer service for 7 years. I am aware… so very aware…
To give you an idea, when I worked for Verizon mobile, it was a few times a week that I came across a client who did not know how to hang up their cellphone calls. No joke. It took such a while to get them off the hook it wasn’t funny. And if you ask me why I wouldn’t hang up on them, it was because Verizon had a strict no hang-up policy. You were not allowed to hang up on a client no matter what. It was grounds for immediate termination.
Maybe it was a HR call to test your patience with customers
Holy shit. I never put this together.
Last time I was at a casino I kept asking myself: who honestly thinks any of this is a good idea, or thinks that any of these are “games” in the conventional sense? Now I know.
Edit: I have also been confronted with people that simply cannot do addition, period. It’s wild.
Funny you should mention a casino. Remember when Donald Trump bankrupted multiple casinos? That is actually quite impressive given how often casinos attract people even during recessions as they get stressed and desperate.
The quickest and easiest way to win at a casino is not to buy in, don’t play. You’ve got the right idea!
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Math anxiety is real tbf, I can add that up real fast without the pressure of someone looking at me waiting for me to solve it, but the second another person is watching I can’t even think about the math I just obsess about how I should be solving it faster and how they now think I’m dumb because instead of doing the math I’m thinking about this bullshit and it’s taken 10 whole seconds which is a lot longer than it sounds…
One thing that fascinates me is that Trump’s definition of tariffs seems more like the definition of kickbacks.
As he was (is?) a landlord, he may also think of it as seeking rent, like how malls get rent from the stores inside.
As a foreign asset, I think Trump is just actively performing a proxy war to drain the US of money, power, and resources for Russia. If you think he’s going to be doing anything else - lol.
It can be both. Lying is more convincing when it’s felt as truth by the liar.
Or a tax?
Extracting rent can be seen as private taxation. He’s not a “career politician”, so I’m trying to understand how he’d see it from the private realm.
An entry fee, a toll, a tax, a rent - whatever. In the end, the cost will be added to the products going in. It’s not a usual tariff, but the outcome is the same. Maybe he thinks that this trickery helps avoid problems with “free trade” conventions.
Maybe thr PA education system didn’t include things like the great depression
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…
Yeah, a lot has been said about why the ‘Democrats’ failed; sure they were/are imperfect.
Where are the articles bemoaning our stupid and/or mean citizens who have no curiosity and think being obstinate will work like a time machine? I’m frustrated to hell with apathy of my countrymen.
“Democrats” is too vague to be meaningful in this discussion. I do put a lot of blame on the DNC organization for deenergizing their base, but also the working class for not understanding basic economics and being taken by a carpet bagger.
And the huge shift right by male GenZ people. Reading posts by them specifically today: they felt marginalized by democrats and ignored. They felt like Maga cared about them, and they could belong in the Republican party. And some of them simply wanted revenge and to feel powerful.
Now this isn’t everyone, but I gotta say:
WTF are you doing thinking about feelings? And fitting in? Look at the damn effects your choice is going to make based on “feelings”. That group is going to lose consumer protection, worker protection and safety, medical coverage, relief on college tuition, housing subsidies, debt relief, small business loans. What they gain is higher prices, worse infrastructure, and possibly the nastiest thing of al:l the direct path of their income going to the wealthiest people and perpetuating generational wealth for the very few.
Because they wanted to “feel” like they were seen and heard as men. You got played!
Their ignorance is equally as valuable as your knowledge. To them, anyway.
Both sides-ism in a nutshell. Nailed it.
Drawbacks of living in a country where half the people are dumbshits. It’s the new normal and we better get used to it. When you are out in public doing anything, look around. Roughly half the people you see are fucking idiots.
country
*planet
Half seems optimistic, especially because of how many people didn’t bother to vote
Yeah half is definitely an underestimate, which is really what’s getting me down. A stark realization after so much optimism that we were finally coming out of our national funk.
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.
Medical devices too.
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…
They’ll absolutely blame Biden. Their god emperor is incapable of doing anything wrong.
especially seeing how trump intends to treat Taiwan, home to TSMC
They’re supposedly opening a semiconductor plant in Arizona. I think Biden and Trump are attending a groundbreaking ceremony or something.
They’ll find a way to blame everyone else when all the Chineseium junk on amazon suddenly isn’t so cheap.
It’s like Brexit, but in America.
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.
Dems learned nothing and are all out of ideas!
Silicon valley: Here is a device that makes it possible to exchange information to everyone, everywhere, immediately.
GOP: Oh, you mean I can disseminate anything I want? How about lies? That’d be neat.
Silicon valley: No, not like that.
One thing that I observed is that the right wing had/has the more progressive campaign, from a technology and media use standpoint. The DNC, on the other hand, was still more or less using the same moves they had back in the 1990’s, relying on extinct concepts like the fairness doctrine, debate performance, and journalistic integrity of news outlets (fact-checks anyone?).
It’s not just the Overton Window that has moved: our information diet has completely changed too. To win at politics today, the entire landscape has shifted to propaganda, bombast, showmanship, clickbait, and leading the 24/7 news cycle by the nose. You must be louder and more interesting than the other guy. I think it’s possible to play that game ethically though, without disinformation, but what’s clear is that billionaire-owned media isn’t going to do it for you anymore.
Silicon Valley is laughing all the way to the bank enabling this.
They are the root cause, because no one told them they aren’t allowed to rot brains with relentless engagement optimization. Modern politics would still be bad, but it wouldn’t be so apocalyptic without the monsters they built.
Does anyone know if we are paying tariffs for face eating leopards? I can foresee high demand.
I’m taking options on the rise of leopard stock, imma be rich
Does Trump not know what a tariff is? Or does he know, and he is deliberately misleading his followers?
He likely understands what a tariff is well enough. His problem is that he either doesn’t understand the implications or chooses not to communicate that part to voters.
He understands tariffs in his terms - that “tariffs” is a useful word to trick people into doing what he wants. How tariffs work in the real world is irrelevant to him, the word gets him what he wants, and that’s all he needs from tariffs.
except he “renegotiated” nafta and is now threatening mexico with tariffs. He’s a childlike negotiator playing geopolitics backed by like 5 giant media conglomorates and silicon valley guys who reinvent busses and trains every 5 years.
The reality is the crypto people are going to stash their crypto as the economy tanks intent on living like millionaires. Then the big money will cash out and crash that market leaving all the small holders in the dust.
Trump understands tariffs, as far as they sound fancy and like a threat to foreigners, his followers understands it even less. Using fancy words make you sound authoritative. Trump’s followers like authoritarian leaders.
Trump couldn’t even spell tariff let alone define it.
In general, I say why assume malevolence when ignorance explains it as well… Trump is an exception to that rule.
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.
I get where you’re coming from, and I sympathize with what is sometimes referred to as “low information voters” (though I don’t know how I personally feel about that term), but it’s important to point out that they are not NO information voters. They have heard at least some of what Trump has to say, and are willing to overlook blatant racism/fascism/misogyny/homophobia for what they think will be lower costs (or another either equally empty promise or overtly harmful promise). I am not by any means well off, but if someone said they could decrease my costs if I assented to rounding up X group, I would not take that deal. They have. They might not know the extent to which he will do others harm, but they are willing to take the deal because they do not think it will harm them directly. Hence the leopard/face jokes. They might be doing “honest work”, but that does not make them good people (though “some, I assume, are good people”).
I have family that voted for Trump who would be classed as “low info” and they only know he’s “gonna put god back in schools”. They don’t go out of their way to physically injure people different from them, but it’s clear that not only do they not care about those people, they want to force them to conform or leave. Imho, that’s not indicative of a good person. In fact, it’s often indicative of a bad person. Say what you want about “different values” or how dems are more open minded or whatever the studies show, at a certain point, conservatism makes you a bad person.
Sure, we can debate about where that line is, but the further back you want to “conserve” the worse you are in my experience. Wanna go back to the 90s? Probably economically motivated, but willing to throw the lgbt+ community under the bus. 70s? Them and women are not important to you. 50s? Just blatantly racist at this point. Anything before that and they might as well want to bring back ownership of people. At the end of the day what are they trying to conserve? Their own power. They just differ in who they’re willing to trample to take it back.
I think what a lot of Americans don’t want to admit, as imperialists, is that our relatively good quality of life was because we grave robbed and enslaved people for it.
When people say that there’s economic booms after wars - that’s not like, from no where. That’s from all the dead bodies and looted countries. We sifted through pockets and took their change. And that’s not better for growth or the economy than just keeping everyone alive btw - it is far superior to just keep everyone alive, educated, and fed and they will produce goods for the economy without sacrificing local people (eg Irish potato famine). Like healthy societies don’t engage in war.
We could be getting played by some random person on tiktok showing an unsubstantiated claim from another random person.
I’m not saying it’s definitely fake but don’t just blindly believe this when spreading stories without evidence is the EXACT sort of shit dishonest people do. They’re eating the dogs, etc.
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.
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.
We will see a bunch of “this is not the Brexit I’ve voted for” to come.
No, they’ll just continue to blame dems, immigrants, and anyone else under then sun except for their godemporer for the mess they voted themselves into.
Oh of course, the Brexit idiots were also faulting the EU for “retaliating”, as in reinstating border controls for UK citizens when the UK pulled out from the relevant international treaty.
They are never wrong, are they?
I’m reminded of the old white lady who straight up said to a camera last time, “he’s hurting the wrong people!”
You had me in the first half, not gonna lie.
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.
“Build a wall and Mexico will pay for it” you’re right
“Greatest country on earth” sorry bud, just lost that title.
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!
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”.
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.
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.
Don’t forget who paid for the wall … I mean Mexico totally was writing the checks…fucking idiots.
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?
Huh, I half expected “White House pharmacy was running drops in Washington DC and it’s neighbouring area”.
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