A hardcore leftist reposting a tweet with the user/source mysteriously cropped out? 'yall a bunch of deramged, crybaby tards.
this post was submitted on 07 Nov 2024
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Not only do US companies pay the tariff but they pass it on to their customers and other countries put counter tarrifs on US products.
So I feel like I'm probably missing something or am not understanding how Tariffs work.
Tariffs would increase the price of foreign goods and commodities and those increases would be passed on to consumers, but isn't the goal not to get more tax money for the government but to disincentivize the purchase of those foreign goods at all thus fueling domestic manufacturing and economy?
It seems like tariffs aren't great short term but if we have the ability to manufacture domestically and are not doing so due to costs, then it may be good in the longer term. Especially because if we rely on those countries now, they have control over those goods and can end them whenever they want. At least this way we can ramp up US manufacturing without a disruption to the existing supply chain, it just costs more.
You're understanding tariffs correctly, but the conclusion is off. I'll give an example driving tariffs to the extreme to explain:
Imagine tariffs are so high, the US can't economically import anymore. This is effectively the same as very tight sanctions, aka like North Korea.
Everything in North Korea is manufactured locally, and it doesn't scale. Doing things locally works great, but you focus on a couple things and trade for the rest.
Can some tariffs help the economy? Definitely, it's a bit of a catalyst. Will a lot of tariffs hurt the economy? Also definitely.
Maybe Trump has mathed out the exact level of tariffs to boost the economy. If, however, that is the case, he hasn't shown his work on it.
Edit: I will caveat it is clear most people in this thread saying "even I know what a tariff is!" Are mostly wrong. So if that's why you're feeling crazy, it's because you're in a thread full of people who aren't as smart as they think they are.
Thanks that seems reasonable and makes me feel a little less crazy. i can't imagine Trump knows how Tariffs work or what they would actually be useful for, much less what the best levels are.
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
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
This is what happened in the UK with Brexit.
fake story about how workers are dumb. Yeah.
I mean regardless I think pulling back spending is a great idea for 2025. Make those purchases now while they're still cheap. Buy your toilet paper etc
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.
The association of anally sourced statistics estimates the portion to be closer to 75%.
The New York Times - which has about as much credibility as the AASS - says it's 92.5%
I see you're also an AASS man!
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