Economy Trump's April 2nd Tariffs

[The Diplomat]

Oh fuck. I didn't think of the board games.

You also didn't think about the beets.

 

[The Diplomat]

Is there an objective with these tariffs or is this something he conjured up after ripping a fat rail in the a white house powder room?

Presumably, it's to reverse our course with Russia. But while doing that, he's also pissing off the people keeping Russia alive, which is China. While also pissing off every ally on the planet.

 

[evergreenrider]

Fuck man, thats genuinely heartbreaking for me. I run table top games for my Marines. It's dumb and nerdy but it makes the crazy fuckers' weekend.

Crayons will be an adequate substitution if need be

 

[GreatSaintGuillotine]

Crayons will be an adequate substitution if need be

Be serious man...we don't play with our food

 

[evergreenrider]

Be serious man...well don't play with our food

MRE ready with a stable shelf life? Can't ask for much more.

 

[Stoic1]

I mean, it's an industry, same as a million others. People make those things, buy those things. Why should those jobs and businesses be treated as expendable?

I wonder if people said the same things as our manufacturing industries dried up over the last 50 years and other countries placed tariffs on our goods?

 

[GreatSaintGuillotine]

MRE ready with a stable shelf life? Can't ask for much more.

A meal fit for kings!

 

[Limbo Pete]

I wonder if people said the same things as our manufacturing industries dried up over the last 50 years and other countries placed tariffs on our goods?

???

 

[Stoic1]

???

Did you not understand what I said?

I was asking if, over the last 50 years as we saw other countries place strangling tarrifs on our goods, were those jobs lost expendable? As we saw the decline of the blue collar middle class manufacturing jobs go overseas, were they expe dable?

 

[GreatSaintGuillotine]

Sorry, gaslighting doesn't work on me.

Have a quick look at the unhinged post I was responding to, where I was referred to as a "dumb fucking whataboutism twat" and then told, "You people are intolerably stupid. You’re going to destroy us all".

Since apparently you missed all of that.

1)Thats not what gaslighting is.

2) I didn't miss it. Just don't care.

3) One freak out doesn't justify another

4) If you don't want people to laugh and tell you to chill, don't unironically say "you gender confused, involuntarily celibate pussy!" And "take your head out of your boyfriend's ass long enough to ever take a real look around."

 

[pinger]

Is there an objective with these tariffs or is this something he conjured up after ripping a fat rail in the a white house powder room?

He knows direct tax increases are not popular, and he sold tariffs as trading partners paying the tax instead, which in and of itself is a stupid and unrealistic way of looking at tariffs, as it ignores the inevitable transfer of cost to the price and end consumer.

Not to do the fiscally responsible thing though and maybe reduce the debt the Republicans complain about, but to give some more billions to the truly needy, tax cuts to the Rich mega donors .

There's no way to justify it even if any of it made a scintilla of sense.

The cynic in me thinks there are some insiders who have egged him on and told him tariffs are a good idea, whilst massively shorting the market and making bank, knowing the chaos it would cause. Makes more sense than the reasons I have seen from most MAGA supporters

The worst part about it is that nobody can even get an answer on what is the plan with these tariffs from the administration that makes any sense. Apart from their usual vague generic make America great or return manufacturing to America catch all soundbites.

 

[Fedor>Cain]

newsmax propagandist benny johnson (or was it the kremlin telling him to do so?) just gave the rubes their marching orders today. he told them that losing your money is a good thing, so just bend over and take it. and like the stupid sacks of shit that they are, they are all going to clap like seals while their wallets get liberated from their money.

It's the Democrats' fault guys.

Don't pay attention to the stock market. Cover your eyes. Cover your ears.

It's the fucking Democrats!

Even the fox news comment section is getting butchered for this shit lmao

 

[The Diplomat]

Fuck man, thats genuinely heartbreaking for me. I run table top games for my Marines. It's dumb and nerdy but it makes the crazy fuckers' weekend.

Fans of Nintendo are about to riot over a 200+ surcharge on the Switch 2 over the tariffs.

*Everything* is about to skyrocket, while we have diehards here justifying it.

Never idolize anyone. *ANYONE* Be contextual, and take everything case by case.

Even Obama wasn't perfect. But plenty are missing him now, I bet.

 

[PEB]

Is there an objective with these tariffs or is this something he conjured up after ripping a fat rail in the a white house powder room?

Its a sales tax on middle class and cause companies to come and beg Trump for a carve out. But if you buy what Crypto bros are selling they say it's to destroy the dollar value to negotiate lower rates on US debt. But I talked to someone who manages 30 billion dollar big Insurance company fund said that is bull sh%t S&P and Moody's will slash US ratings by as much as a point. Our debt will end up costing a lot more.


EDIT: JPMorgan said there is a 60 percent chance of the US falling into a recession.

 

[Deleted member 110072]

Nah, there's a reason guys like Musk, Thiel, and Trump eventually found their way into politics. They have a lot more in common than you think. The PayPal Mafia guys. They're so rich they dont care about money anymore specifically. People attached to them might, but they and all the other Yarvin cultists are mostly concerned with legacy, and what they think they want fhe Country to revert to. They parrot many of the exact same grievances as the Afrikaaners did once they lost rule of South Africa, that's not a coincidence.

Rich people are definitely not a monolith, but as confidence in Biden waned there were many reports about a lukewarm sort of complacency among Democrat donors. This is due to the fact that the wealthy never think their own personal wealth will be challenged. They know they are of the same class as their ideological opposition. However, if their wealth was to be challenged, market manipulation is definitely one of the best ways to do it without things getting ugly Militarily. Without certain oligarchs finding their way out of windows.

Its why I do tend to think that the establishment Dems at present represent more the kind of "wealthy establishment" view these days. We tend to get it talked up that this "establishment" wants to directly take power but I tend to think that the status quo is actually their preferred ideology, I think they really got what they wanted under Reagnaism and a kind of managed corporatist "democracy" is viewed as the ideal situation. It limits the potential for actual insurrection and it plus the legal framework generally is geared to protecting their wealth.

They might fear a progressive taxing or even nationalising their assets and reducing their power BUT they also fear one/some of their own number making a more direct power play though right wing populatism as with Trump and perhaps even moreso Musk.

I tend to thin Putin is somewhat similar, he's been good for some oligarchs allied to him but Yeltsin was probably their preferred environment were there wealth and power(and potentially lives) were not at the wim of a ruler with more extreme power and his close allies.

 

[MicroBrew]

- Even if they did. Whats the problem, when US(Tramp) is traying to do that?

I don't think it's an issue since the US does that and worse but Ingraham is trying to pin the blame elsewhere.

 

[MicroBrew]

Lmfao at slapping tariffs on penguins. I don't even know what to say at this point.

I guess I'm just glad we're winning against the penguins.

Those penguins never once said "puulease" . So it is their own dam fault!

 

[Limbo Pete]

Did you not understand what I said?

I was asking if, over the last 50 years as we saw other countries place strangling tarrifs on our goods, were those jobs lost expendable? As we saw the decline of the blue collar middle class manufacturing jobs go overseas, were they expe dable?

I just don't get why, if you're bent out of shape the one way (over things generations of people have been complaining about), there's some excuse to be glib now. You're like oh no the poor whatever industry because you're an asshole, not because of concern for the economy (which these tarriffs are hurting as a matter of fact)

 

[Neph]

Did you not understand what I said?

I was asking if, over the last 50 years as we saw other countries place strangling tarrifs on our goods, were those jobs lost expendable? As we saw the decline of the blue collar middle class manufacturing jobs go overseas, were they expe dable?

For the countries on Trumps board, how many of them can you point out the tariffs that, over the last 50 years, resulted in strangling your economy and job losses?

I am guessing zero.

There have been tariffs, and there are times for reciprocal tariffs. The truth is, this is nothing like that.

A further truth is that these are stupid ideas by a stupid government, and they are lies fed to people looking for simple answers. People will now pay a big price for stupid, simple & wrong answers. The high value of the US dollar means that its harder to manufacture goods in your own countries when someone from a much poorer country will make it for 1/10th of the labour cost. If that seems unfair, many of those countries are in abject poverty where there's no safety, no standards, and life is comparitively worth fuck all compared to in the US.

 

[The Diplomat]

Did you not understand what I said?

I was asking if, over the last 50 years as we saw other countries place strangling tarrifs on our goods, were those jobs lost expendable? As we saw the decline of the blue collar middle class manufacturing jobs go overseas, were they expe dable?

Strangling lol

The reason why America lost jobs overseas is because of our strong regulations and worker's rights. Period. It's hard to compete with other nations who don't have that.

If you want 13 year olds in the mines, 7 year olds making your clothes, and absolutely no economical or safety protections for your fellow man, then have at it.

And you know what? With all those modern regulations, rights, protections, and some freedom from alittle thing I like to call the constitution...

We're still the strongest economical and militarial base on the planet, with the strongest allies.

Or atleast we were, before your boy fucked it all up.

MAGA indeed.