Economy Trump Day 1 Executive Order: 25% tariffs on Mexico and Canada with additional 10% on China

[Seano]

Its a bit of an absurd comparison though isn't it? I don't remember African slaves making the journey to the New World themselves, they had to be dragged in chains. Meanwhile immigrants brave a treacherous border crossing to come here and work. Its because it pays way better than what they could earn in their home countries and the working conditions are probably better too. Some illegals make more than minimum wage Americans because they're working in high demand industries with inherently rough conditions like agriculture and construction that most Americans avoid even when they're poor. An illegal who knows basic plumbing or electrical work makes significantly more than a someone like a Starbucks barista. The difference is the illegal is earning for a whole family back in Central America while the barista is just supporting himself with help from parents so he can afford to be much less productive.

And honestly that's good, I don't want Americans to work back breaking jobs in construction and agriculture when there are immigrants who would happily do it and when the economy functions more efficiently that way anyhow.

Sure, "Slaves" in this context may be hyperbolic but you get the point. We use them to do labor we won't do for a wage we would't accept because their options are limited. Its exploitation and has the side effect of driving down wages for laborers.

 

[Jack V Savage]

Sure, "Slaves" in this context may be hyperbolic but you get the point. We use them to do labor we won't do for a wage we would't accept because their options are limited. Its exploitation and has the side effect of driving down wages for laborers.

This is a factual claim, and you can look it up to see if it's accurate (it's not).

 

[Seano]

This is a factual claim, and you can look it up to see if it's accurate (it's not).

Its not accurate that americans won't do these jobs for wages illegals will?

 

[Jack V Savage]

Its not accurate that americans won't do these jobs for wages illegals will?

It's not accurate that immigration drives down native wages.

Some jobs probably just wouldn't exist if there were no immigrant labor. Like if picking fruits requires negative margins, that doesn't mean that people just pay more for fruits and the volume is the same; it just means that those fruits are not going to be widely available. At any rate, this is an empirical rather than a logical question.

 

[Seano]

It's not accurate that immigration drives down native wages.

Some jobs probably just wouldn't exist if there were no immigrant labor. Like if picking fruits requires negative margins, that doesn't mean that people just pay more for fruits and the volume is the same; it just means that those fruits are not going to be widely available. At any rate, this is an empirical rather than a logical question.

Of course it is. If we didn't have illegals to do those jobs, farms would be forced to pay a better wage. Its literally one of the main arguments for illegal immigration, that they work for less.

 

[Jack V Savage]

Of course it is. If we didn't have illegals to do those jobs, farms would be forced to pay a better wage. Its literally one of the main arguments for illegal immigration, that they work for less.

Bro, they study this stuff. "Of course" we can dismiss all the evidence in the face of ignorant speculation by someone who doesn't know what he's talking about isn't how this works.

No one argues for illegal immigration anyway. But you want to get your facts right.

 

[PEB]

So Trump threatened BRICS nation's with 100 percent tariffs the yen just jumped in valuation. They say the dollar will tank over it. It will just accelerate BRICS adoption.

 

[ColemanwastheGOAT]

Tariffs are a tax on everyone, but the poor and middle class pay a higher percentage of their incomes. A shift away from income taxes toward tariffs benefits the rich at the expense of everyone else. And tariffs are taxes. It's not a matter of opinion.

Anything that costs money hurts the poor more than the rich.

 

[Sweater of AV]

That’s been my point all along. What started this is that jack said trump is imposing taxes on the lower classes. When I said I haven’t seen anything of that sort in the news, he said it’s via the tariffs, which is not a tax on the lower classes but more akin to a sales tax. Anyone that buys something is getting those tariffs passed down to them but it is not an income tax or does not affect you unless you buy an imported good

Judging from his response, it sounds like he's discussing within the context of replacing income tax with tariffs.

I think everyone can agree that lower classes are more sensitive to the effects of tariffs and feel the brunt of them more than those well off. However, the introduction of tariffs doesn't mean one is explicitly trying to tax lower classes. It really depends on what the tariffs are being used for. If one is using them to replace income tax then the tax structure would be inverted such that the lower classes are carrying most of the load. In that sense you could say that taxes are explicitly being imposed on the lower classes relative to the well off. Otherwise, I would be hesitant to say taxes are explicitly being imposed on lower classes.

 

[Sweater of AV]

So Trump threatened BRICS nation's with 100 percent tariffs the yen just jumped in valuation. They say the dollar will tank over it. It will just accelerate BRICS adoption.

I'm curious to see how this goes. He's definitely not going to get the same response he got from Mexico and Canada.

No thread on the BRICS tariff?

Haven't gotten your marching orders yet or do you guys support that one?

Why don't you try being useful for a change and make a thread on the proposed BRICS tariff.

If you don't want to then I'll just do it. Or I'll edit the OP to include it here.

 

[ColemanwastheGOAT]

I'm curious to see how this goes. He's definitely not going to get the same response he got from Mexico and Canada.



Why don't you try being useful for a change and make a thread on the proposed BRICS tariff.

If you don't want to then I'll just do it. Or I'll edit the OP to include it here.

Why did you edit your post? Embarrassed by your own childishness?

 

[Sweater of AV]

Why did you edit your post? Embarrassed by your own childishness?

Translation: "No, I will continue to be a useless troll. You do it."

Okey dokey. Carry on, son.

 

[ColemanwastheGOAT]

Translation: "No, I will continue to be a useless troll. You do it."

Okey dokey. Carry on, son.

Why did you edit your post? Were you embarrassed?

 

[Sweater of AV]

Why did you edit your post? Were you embarrassed?

What did I write, sweetheart? Looks fine to me.

 

[ColemanwastheGOAT]

What did I write, sweetheart? Looks fine to me.

You wrote 'hey fuckface' then you deleted it. We're you afraid of the big bad scary mods? Lmao

corny Oreo bitch lmao

 

[Sweater of AV]

You wrote 'hey fuckface'

Seems more like you're projecting your feelings about yourself onto me.

We're you afraid of the big bad scary mods? Lmao

Yeah, nothing like "fuckface" to really get things going here. You are a can.

corny Oreo bitch lmao

She's upset. Lmao.

 

[ColemanwastheGOAT]

Seems more like you're projecting your feelings about yourself onto me.



Yeah, nothing like "fuckface" to really get things going here. You are a can.



She's upset. Lmao.

You corny

 

[Sweater of AV]

You corny

Let me guess, you're confused and are going to edit this and then blame it on me.