Yeah how much did that trump coin earn him and where did THAT money come from? |
The money he got and is getting from russia, china, saudi arabia etc the money he got and is getting for "the inuagural" or various PAcs that he illegally hoovers into his personal accounts and the money he will be getting as companies and countries, one by one, ask for exemptions based on product or geography. |
Guess who’s been funding all those benefits for other countries? Their gravy train just came to a screeching stop. |
He and his family bought Moderna in January, 2020. Prescient, no? |
the taxpayers of those countries |
Acknowledging the lousy economics of these blanket tariffs, it seems like there will be very disparate impacts across different industries. Those that will benefit directly must:
- have short, domestic supply chains; - have inelastic demand relative to price; - be able to get domestic production up and running relatively quickly. Any thoughts on winners and losers here? A potential winners might be the domestic wine & beer industry - South American and Australian wines have gobbled market share based on low cost. Seems an easy reach to produce more domestic wine. Furniture might be another. The Carolinas used to produce large quantities before cheap Chinese imports took away their market. |
+1 And that plus higher prices for auto parts will increase car insurance prices. |
+1 He’s hosting a Saudi-owned golf league dinner tonight. |
Car manufacturers already laying people off.
Keep flying those Trump flags, MAGA. |
. Why is the gravy train bad? Shouldn’t we all be able to eat and get health care? Or does that mean you feel better about gravy if you get it and not other people? |
Doubt it. These tariffs won't last long, not long enough to rebuild an industry such as North Carolina furniture. They will last long enough to wreck things but then Congress will wake up and stop the tariffs or Trump will cancel them in order to get universal praise from Americans and everyone all over the world. Probably one or the other will happen in the next few weeks. In the meantime, the American economy will continue sliding and the world will continue getting angrier and angrier. |
Do you have any idea how long it takes to get a furniture factory up and running? |
Neither grapes nor trees appear out of thin air. Exports are important for the domestic wine industry and consumers in the rest of the developed world now hate us and our products. |
Was it worth it, MAGA? Was it worth crashing the global economy over immigration and DEI?
You effing morons. |