Does this surprise anyone? I doubt they even have concepts of a plan, because they don't give a fuck.
this post was submitted on 28 Jan 2025
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Most of these clowns have no idea of how basic economics work. They don't even understand basic US history. We tried the tariffs and isolationism route, guess what happened? Great Depression.
Sooner or later everyone is going to have to accept these are the new regular prices.
We told you so.
“The way that you lower prices is that you encourage more capital investment into our country,” Vance added.
This clown hasn’t a clue how the economy works.
There are only 3 ways to lower(that came to my mind) prices in a quick way.
1: Abandon regulations. If corporations don't have to invest into safety, ecology and such stuff they have lower production costs which can mean lower prices.
2: More competition. If corporations have to compete with each other they usually start a battle over who gets the best quality for the lowest price.
3: Subsidies. Nothing to say here I guess.
Edit: Point one and three lower production costs. As others have already pointed out, these dont mean lower prices, but more profit for companys
Corporations don't willingly give up money. In circumstances like 1 and 3 they'll more likely just say "thanks for making line go up more" lol. COVID imposed some supply issues that I would assume are mostly mitigated by now, but I haven't seen costs decrease, only increase--so now we have record profits in many contexts. Subsidies can sometimes help, but it seems to me that the most effective subsidies (in terms of lowering cost) are those with significant, more powerful corporate players downstream (e.g., corn in the US) rather than those purchased by individual consumers who have comparatively little power.
I don't know that 2 is necessarily quick, but competition can indeed lower prices if a competitor can actually survive against the behemoths in their respective markets. In those instances, corporations can try to shape regulation to squash the upstarts while leaving the big players alone.
I'm not sure that government really has the ability to lower prices in a way that isn't somehow perverted by large corporate entities given the power they have.
Youre right. I forgot that companies will likely not lower the prices.
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What a giant ass. He has nothing to offer at all. Just a fraud.
Eggs.. Now coffee.. TIL conservatives hate breakfast.
Columbia's biggest export to the U.S. is crude oil. So oil prices higher from Canada, this would have been higher oil prices from Columbia... But I believe he didn't do the tarrifs. Guys a dumbass
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It's because those gays run bed and breakfasts, up next on the docket for conservatives are beds.
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suggesting cheaper alternatives (to coffee) like instant coffee.
I... I... I can't even. What do these people think instant coffee is? It's still fucking coffee. Freeze dryed concentrated coffee. You still need coffee beans to make it. The price hike will still make instant coffee more expensive too. You're. So. Fucking. Stupid. MAGA.
The republican plan is to lie and get elected so they can rape the nation. They don't care about citizens. They are here to make money and take yours.
Conservatism is an oil drill trying to drill entire countries.
He didn't say there were concepts of a plan? This is outrageous!
Same as their healthcare plan.
Listen, I've heard from a very reliable source that there is a concept for a plan.
The plan is to let prices go up (predictably, given tariffs) while forever promising people that prices will come down soon. I'm sure it will happen right after the wealth Reagan promised finally trickles down.
Meanwhile they will keep finding and making enemies to blame the high prices on.
The actual Trickle Down economy: Getting drenched in a golden shower while waiting for your millions
I don't think we get the luxury of it being golden with diaper don.
Fun fact: "trickle down economics" is just rebranded horse and sparrow economics. The idea being that if you overfeed your horse, it won't digest it all and the sparrow will be able to sift through the horse shit to find bits of food to eat.
Ah, like Infrastructure Week 2.0
Nothing will be done to help regular people. All the talk is cover for the grifting and destruction.