The world reacts to Trump's sweeping tariffs: 'No basis in logic'
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tell that to the workers
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I mean we did like 40 years ago...
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Or your neighbour does all the work instead of you, so you decide to buy soap from them. They're next door, while Walmart is across the county line, so you decide you won't charge yourself the extra self-tax with your neighbour.
Walmart"s soap, which used to be $2, is now $3, while your neighbour's soap is $2.50.
A week later your neighbour sees that demand for their soap is huge because everyone is self-taxing. So they raise their price to $2.95 to make extra profit.
In case you think this is just a contrived fiction, this is exactly what happened to many goods, like solar panels, with Trump's first-term tarrifs. Americans paid over double the average world price for solar panels.
Worse still, Trump knows this happened, yet somehow this time will be completely different. <sigh>
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The point is to make China the new boot on the throat of the human race instead of the US
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40 years ago knowledge workers were in high demand, and IT was booming. Now, IT is enshittifying, so what do the workers do next? Where do they go?
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because one specific kid was unruly
Edit: There wasn’t even an unruly kid.
Well, outsourcing labor was a mass phenomenon in the last 50 years.
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I agree that a plan is needed. Still, what would be the other parts of the plan? Tariffs are the only really impactful measure, it seems to me. Tariffs on import and subsidies on export.
Also, maybe Trump is so "on-off" with the tariffs to give companies a warning to bring back manufacturing to the US, and them lifting them again to not cause a recession, giving them a few years to set up the infrastructure, and then re-install the tariffs. One needs to look for the "good outcome", sothat one steers in that way.
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Dead horse economics:
Wake up you lazy horse!
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Your dilemma essentially translates to "wahh, he stole my idea!"
You're also missing the forest for the trees, again. How is hollywood going to make an egregious amount of money off of 'your' idea without copyright and patent laws? Without them, piracy isn't piracy. It's just a normal and legal way of sharing media.
Sad watching how hard you people go to bat for your oppressors, but it really puts into perspective why things are the way they are.
The average person just can't see past their conditioning or how hard they've been indoctrinated to support a system that works against them. In the words of Mark Twain, "it's easier to fool a man than to convince him he'd been fooled."
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I'm dumb but that just means that every product will be 30% more expensive for Americans, right? And the 30% is just... Going to the state or something? So it's just taxing your ppl?
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He’s hoping the foreign companies are going to open up shop in USA to avoid the tariffs.
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Someone asked chatGPT how to apply tariffs to give America an equal playing field and it spit it a formula that looks shockingly similar to how trump calculated the tariffs
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Effectively, yes. Tariffs are basically just a sales tax. It's a little more complicated than that but the end result for consumers isn't really any different.
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Would also save the EU an enormous amount in monitoring and enforcement
