Nobody here is surprised.
this post was submitted on 23 Nov 2024
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politics
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Yes, this is not news. News is supposed to be new information, this is entirely well known information, which stupid people just didn't care about
Trump almost has it. If he can just be a slightly bigger ass on a slightly bigger stage, then he'll be happy.
Musn't give up too soon.
It doesn't even matter:
https://www.axios.com/2024/11/18/consumer-confidence-trump-republicans-white-house
Turns out, a lot of consumer mood is literally just people's social media feeds. Even if prices go up and QoL goes down, on average, consumers might feel better simply because Trump being in office makes them feel good.
I am not going to point out how monumentally problematic this is... Nope. There's definitely no bad precedent for that.
buys that external drive I've been putting off for a while
Meanwhile, in Canada, I've been meaning to build a raid 6 with 4TB drives. With any luck, as imports into your country drop, prices in my country will drop as well
I was planning my first build in 7 years for around 6 months from now. I just CANT right now.
I just upgraded my GPU even though I wanted to wait until the new stuff drops, but I can't risk getting boned by tariffs and/or scalpers.
Hearing more and more stories about companies cutting bonuses this year so they can buy more supplies now at cheaper prices. They know the prices will go up and they'll have to pass the increase to the consumers. But how much you wanna bet these companies will still raise prices even before they have to pay their tariff increases? They're gonna get extra money on the supplies they paid the lower prices on.
I saw it explained best like this
Current imported price: $30
Current locally made price: $35
New imported price: $70
New locally made price: $69.99
...This is just normal basic business economics.
Your retail price is not predicated on what you paid to produce or obtain the product, it's based on what you expect to have to pay to produce or procure the next one.
Folks, listen closely, okay? Nobody understands tariffs better than me. Believe me, they’re tremendous, tremendous tariffs. And now Walmart – yes, Walmart, great company, big stores, huge – they’re telling you that YOU, the great American people, will be paying for these tariffs. And you know what? That’s fantastic news. Incredible. Let me tell you why.
First, it’s about sacrifice. The greatest country in the world doesn’t rise without its amazing, hardworking patriots chipping in a little bit more. And trust me, when you pay a little extra at Walmart for your cheap, uh, Made-in-China toasters, you’re not just buying a toaster. You’re buying FREEDOM, folks. You’re sticking it to the Chinese economy. No one else could get that deal done, okay? Only me.
Second, we’re BUILDING here, okay? When American families dig a little deeper into their pockets, that’s money going back into our economy. It’s like… MAGA economics, so smart you wouldn’t believe it. All of a sudden, Americans will say, "Hey, why am I buying Chinese stuff? Let’s buy American!" And BOOM – jobs. Factories humming. Steel, coal, maybe even wood, I don’t know. Beautiful stuff.
Third, let’s talk winning. When we pay these tariffs – our tariffs – we’re showing the world who’s boss. China thinks they’re so smart. So clever. Well, joke’s on them. We’re so good at tariffs, we’re making YOU pay them instead of them. Genius move, right? They won’t even know what hit them. Tremendous strategy. They’re probably shaking in Beijing.
And look, folks, I hear you. “But sir, sir, what about the prices?” And I say this: are you willing to pay a little more at Walmart to make America the GREATEST it’s ever been? I think you are. And if you’re not, then maybe you like China too much. Sad!
So remember, every time you spend a little extra at Walmart – and it’s a GREAT store, by the way, I love it, fantastic – just think of it as making a donation to America. To freedom. To ME – your favorite president – who is bringing the best tariffs, the best deals, and the best America you’ve ever seen.
God bless tariffs. God bless Walmart. And God bless the United States of America. MAGA!
Good thing I can't read
votes Republican
Long long maaaaan
Cry more. Americans chose Trump with eyes wide open and deserve everything that's coming to them.
I hope you die in a painful way
Maybe bleeding out because you can't get medical care because a bunch of men said you can't get it cause Jesus
Muy caliente
If only his actions didn’t also hurt the half of the country that voted against him and organized to keep him out of office. He won by a sliver.
Cool. Places like Aldis will continue not-fucking their customers while walmart will continue doing the same shit it always has, fucking over poor people and small business owners.
Dont shop at walmart if you can help it. Or kroger. Or any other shitty american company thats profit driven.
Cool trick y'all can do: if profit is the clear main goal, that company is garbage no matter what they do.
Can you provide a list of companies that are not profit driven?
Here is my list:
Migros, in Switzerland. Literally a non profit chain of supermarkets. It can happen.
Also Bosch, technically, in a weird and roundabout way.
Im calling bs on that one
94% of Bosch is owned by the Robert Bosch Stiftung GmbH, which is a charitable organization. They take a significant fraction, nearly half, of the profits not reinvested back into the company or distributed to founding family members and use the money for philanthropic purposes. And for the record, the portion distributed to heirs is comparatively tiny, like a quarter of a percent overall.
Most of the profits are indeed reinvested back into the company, but for the purposes of R&D and keeping the lights on, not appeasing shareholders.
Very cool and good to know. Makes me feel better about those fucking buy it for life wiper blades I just spent too much money on. I'd argue still profit motivated but sounds like a relatively good company given capitalism.
Edit: big woof -- they apparently wrote, maintained, and distributed the fake-emissions-reporting systems used by VW and others. If thats not profit motivated then I don't think I can trust anything. Founder was a big trump supporter too, the wiki says Bosch parts were in every maga tank in the 1940s.
.... what is a maga tank....?
Legally, it's the fiduciary duty of any publicly traded corporation to seek higher returns every year for their shareholders.
So... yeah, that list will effectively stay empty.
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