this post was submitted on 23 Nov 2024
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(page 4) 48 comments
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[–] [email protected] 43 points 20 hours ago (7 children)

There are two bright sides to this (and dark sides as well):

-This will decrease demand of Chinese goods in the U.S., hurting a country that is ... problematic to say the least. (Anyone remember the Uyghurs? The O.G. Gazens?) It probably won't shift demand back to the U.S. factories, but maybe it is time for another country to become the slave-labor-ish manufacturing capital of the world.

-When the prices skyrocket, along with food from all the missing immigrant farm hands, Trump will get blamed. I just hope this wasn't the plan all along and those "fake" inflation hikes back after covid weren't to cover for the real ones down the road.

[–] [email protected] 38 points 20 hours ago* (last edited 20 hours ago)

When the prices skyrocket, along with food from all the missing immigrant farm hands, Trump will get blamed.

In all likelihood, only a small percentage of his voters will actually blame him for the predictable consequences of his tariffs. The rest of them will believe Trump when he blames it on Biden's economic policies that were put in place before Trump's second term. Our egos have a funny way of making us do mental gymnastics to avoid having to accept the idea of oneself being wrong.

[–] [email protected] 72 points 20 hours ago (1 children)

When the prices skyrocket, along with food from all the missing immigrant farm hands, Trump will get blamed.

i really hope you’re right, but i think that will most likely get blamed on biden “ruining the economy” in his last term, or something in that vein. a lot of trump voters get their news from fox news or directly from donald trump, and i can’t imagine either of those sources criticizing trumps economic policies.

[–] [email protected] 12 points 20 hours ago (1 children)

Funny that we both posted the same concern at the same time.

[–] [email protected] 10 points 20 hours ago

i’m glad that we both realized that 17 minutes ago was the perfect time to post that comment

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[–] [email protected] 5 points 22 hours ago (3 children)
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[–] [email protected] 2 points 22 hours ago

And Walmart will but only by a tinsy tiny bit. That’s why they’re coming out and saying this.

[–] [email protected] 20 points 22 hours ago

The good thing about Trump is that other countries will try to get more independent from the US.

[–] [email protected] 82 points 22 hours ago (7 children)

Pretty sure everyone was told this before the election.

Problem:

https://www.usatoday.com/story/news/education/2024/11/12/trump-election-win-college-educated-voters/76109508007/

"Harris outperformed Biden’s 2020 numbers among white voters with college degrees. Meanwhile, exit polling from NBC News gave Republicans a 9-point gain with voters who never attended college."

[–] [email protected] -2 points 20 hours ago

Harris lost demographics impacted by Biden policies. She failed to disasociate herself with a candidate that his own base wouldn't support.

Keep pushing this if you want dems to keep losing.

[–] [email protected] 11 points 20 hours ago* (last edited 20 hours ago)

A simple google search would have many credible sources giving the answer to what tarrifs are.

But to the magats, only fox news has the truth.

[–] [email protected] 22 points 20 hours ago

'I love the poorly educated', donald j trump, feb 2016.

[–] [email protected] 45 points 22 hours ago (3 children)

Thing is, basic economics is a high school subject, except:

"Sir, when am I going to have to know how tariffs work in the real world?"

[–] [email protected] 9 points 21 hours ago (1 children)

Basic economics was not a required class in my high school. Macro and Micro Economics were both electives.

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[–] [email protected] 5 points 22 hours ago (1 children)

Hmm maybe my highschool was far below average then

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[–] [email protected] 26 points 22 hours ago (1 children)

You had econ in HS? Mine had it but it was only an elective.

[–] [email protected] 24 points 21 hours ago (1 children)

I don't think mine even had it as an elective. We were too busy spending 2 years of history classes learning how nice the Pilgrims were to the natives. And this was in Massachusetts, which I believe ranks #1 in education in the US.

[–] [email protected] 16 points 21 hours ago

#1 in education.

And also the only state in the country where every precinct voted for Harris.

Surely that must be a coincidence, right?

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[–] [email protected] 27 points 23 hours ago (1 children)

Duuuh. Did they really think the company would just eat the additional costs? What a bunch of maroons.

[–] [email protected] 25 points 22 hours ago (1 children)

They thought the exporting country/company would pay for it.

[–] [email protected] 13 points 20 hours ago

and without raising the price they sell it at. which is just many millions of sad examples of how 'effective' the republicants war on public education has been.

[–] [email protected] 10 points 23 hours ago (7 children)

I’m very glad I live in Canada.

[–] [email protected] 9 points 20 hours ago (2 children)

I've heard that y'all have your own far-right, MCGA bullshit to deal with. Do everything you can to stop it. Get involved with as many organizations as you can and get as many people involved as you can. "It'll never happen here" is complete and utter bullshit. Good luck, Northern brethren.

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[–] [email protected] 9 points 21 hours ago* (last edited 21 hours ago)

The USA screwing up trade never leaves Canada in a good spot. Our prices will go up too. And we're about to suffer the same effect of mass ignorance after the next federal election when the voters elect a populist bigot with no idea how to run a country. We're already suffering it in the provincial governments. Plus the bigots in Canada feel empowered to get loud and violent when the Americans are all doing it. I'm glad not to be living in the USA but we're not looking forward to fun times.

[–] [email protected] 19 points 21 hours ago (2 children)

Over 51% of men are voting for Poilivre in the next election. That's across all age groups. We're where we usually are: 5-10 years behind something the US is doing.

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[–] [email protected] 25 points 22 hours ago

I'm not sure, USA is way too close for comfort

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[–] [email protected] 63 points 23 hours ago (1 children)

just like mexico paid for his 'wall'

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[–] [email protected] 22 points 23 hours ago

I have a trick to get others to pay it for me:

trix

[–] [email protected] 112 points 23 hours ago (1 children)

It's a certainty, not a fucking "likelihood'. That's how they work.

[–] [email protected] 63 points 23 hours ago (1 children)

You mean there's no chance that Wal-Mart might choose to absorb the increased prices out of the goodness of their hearts? :o

[–] [email protected] 14 points 20 hours ago

Well, the far-right courts made that illegal for publicly-traded companies, so, no.

[–] [email protected] 229 points 23 hours ago (6 children)

No shit.

This is literally in the first paragraph of every economics textbook when they talk about tariffs.

[–] [email protected] 17 points 22 hours ago (2 children)

No, the first page is how it introduces inefficiencies into a supply/demand equilibrium, resulting in a lower quantity supplied and at a higher price.

No one who every studies economics, even in passing, would even consider another country paying a tarrif for something you buy. The concept is just.... what?

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[–] [email protected] 8 points 23 hours ago

Clearly we need to add those to the banned books list

[–] [email protected] 47 points 23 hours ago (1 children)

Nobody who voted for Trump read that book homie.

[–] [email protected] 19 points 21 hours ago

Nobody who voted for Trump read[s] ~~that book homie.~~

Fixed that for ya

[–] [email protected] 134 points 23 hours ago (5 children)

Donald Trump didn't win the Presidency by reading textbooks.

[–] [email protected] 0 points 20 hours ago* (last edited 19 hours ago)

He won it because Biden sabotaged the democratic electoral base for four years.

Trump lost 1m vote 2020-2024, dems lost 12-10m.

Thats what happens when you undercut your own base and key demographic allies.

[–] [email protected] 11 points 22 hours ago

He won it by taking bribes from billionaires, like a true politician

[–] [email protected] 100 points 22 hours ago (1 children)
[–] [email protected] 8 points 21 hours ago (1 children)

How do you get by in life without reading? I mean, don’t you have to know what the symbols on clocks mean to tell time?

[–] [email protected] 8 points 20 hours ago (1 children)

don’t you have to know what the symbols on clocks mean to tell time

not all types of clocks.

[–] [email protected] 37 points 23 hours ago (1 children)

And you don't need a textbook to understand how the very basics of business work. You know, the thing people seem convinced he understands? A fucking toddler has more knowledge than Trump. The United States of America doesn't have two brain cells to rub together

[–] [email protected] 19 points 22 hours ago (2 children)

They heard lower taxes, and simply misunderstood that tariffs are another form of taxation.

[–] [email protected] 19 points 21 hours ago

They heard whatever they wanted to hear, because that rambling shitgibbon said everything to everybody.

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