Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips.
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And America is taking everyone with them.
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Tariffs are a net negative. Always. The things produced will not be competitive on the global market, if they were, we'd already be making them. The higher prices always destroy more jobs than they create. Retaliatory tariffs destroy even more jobs. The higher prices drive down demand and make the working class consumer poorer. Always.
There's no economic upside to tariffs, over any time horizon. They create a small number of jobs in a specific sector at a very expensive cost. Some politicians might decide that the enormous economic cost is worth it for other reasons, but a net positive they are not.
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[citation needed]
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Ok good stuff. Screenshots are unnecessary, but if you were any good at scrolling up, you would have known who you were responding to. Screenshot for reference
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Okay, enough trolling, you're being blocked now, goodbye.
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I think you're overstating how effective the DoEd is at coordinating curriculum, as well as how effective state governments are at the same.
I'm in a red state (Utah), and we're pretty competitive in terms of scholastic attainment (top 15 in most metrics), above many blue states that spend way more on education. Higher spending does not seem correlated with higher achievement. Also, from non-rigorous comparison of some state lists of academic achievement (like this wiki page), I don't see a clear relationship between how states vote and academic performance that can't more convincingly be explained by rural vs urban/suburban demographics.
So while it's a popular talking point, I'm not convinced the DoEd is actually helping here. Schools will do better in areas with more parental engagement, and curriculum choice, funding, and rigor in testing don't seem have much of an impact. We're spending more than ever, have strict education standards, etc, yet test scores continue to drop across the country.
So no, I don't think the DoEd is effective, and in fact I think they're largely to blame for tuition outpacing inflation, because student loans are easier to get, so sold m schools can get away with raising prices.
What we should have are laws that states must maintain a secular education, and if religion is taught, all major religions are given equal treatment. That, and that states must provide a free K-12 education for all residents, and that public universities must be affordable for all residents who qualify (with grants as appropriate). That's it, no common standard, no loans, etc. Education is better handled locally.
That said, I don't trust Trump or Musk to handle this properly.
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Wikipedia has a whole list of citations on this very sentence lol.
There is near unanimous consensus among economists that tariffs are self-defeating and have a negative effect on economic growth and economic welfare
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Oh well, you have a single sentence from a Wikipedia article, I guess I was wrong!
The citations are all concerning the concept of "free trade" which is an incredibly generic phrase.
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That 25% magic number
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BIC is a French surfboard manufacturer?
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Pretty sure they had BIC windsurf boards in Canada when I was a kid.
Edit: Shit, they still do too, as of 2008.
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Bic lighters are made in France. 25% is peanuts to them, they get much higher tariffs in south america.
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Fascinating
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Yet he supports oil.. Which accounts for a sizeable share of international shipping. This is while the US doesn't have enough refining capacity for the type of oil we produce.
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To wit, you can send a message by adding a "Trump Tariff Tax" instead of changing your base price, just to clearly articulate to the simpletons that thought this would lower costs
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For facist exceptions are the point. If you can curry favor you can get exceptions.
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He’s incapable of complex thought. Tariff use is supposed to be nuanced and in line with price differences between American production costs and foreign ones. They are meant to make American products competitive but balanced to limit inflationary side effects. Not done in big dumb across the board numbers like this. He’s fucking stupid.
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Yes you do.
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How does this help with inflation? He is screwing the people he claims to help.
Tariffs (originally from Arabic: تعريفة) are a tax paid by the consumer. All inputs will be more expensive even for US produced goods.
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Anyone who thinks tariffs will do anything at all positive for the American working class is absolutely clueless.
All they do is make prices jump for consumers. It doesn't put domestic goods at an advantage because the domestic producers of those goods increase their prices artificially to achieve parity with import pricing.
So prices go up for the consumer with the extra money going to either:
- For imported goods, to pay the tariff, a tax, to the government, which in this case wants to use that tax revenue to offset tax cuts for the wealthy.
or
- For domestic goods, it's pure straight profit for the unethical corporations who are price gouging their domestic customer base. They're not giving the consumer a break on price and they're not sharing the profits by giving employees raises. Hell, they're not even taking advantage of the competitive advantage to ramp up production and create jobs. They're just pocketing that extra cash for doing exactly what they're always doing...passing it on to, you guessed it...the wealthy.
