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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]And here comes the ceding to china layoffs... https://bsky.app/profile/nycjayjay.bsky.social/post/3lu6g5zyvl42m [/quote] Yes, UNTIL things are made in the USA and not in China, you will see prices of certain goods moving up. That's the whole point of tariffs. For the signal by consumers to manufacturers to make things in the USA. Then renewed price discovery takes place. Or, we could just give in to the trojan horse which is China, which constantly steals our IP, dumps product and runs our manufacturing out of business. You didn't get the memo on what this was all about? [/quote] Unless we're opening a bunch of sweatshops in the U.S., those prices will stay high. There is a reason we get stuff from China--It's cheaper than making it here. Maybe you skipped Econ 101?[/quote] MAGA’s ignorance of basic economic principles continues to astound. They are arguing for the United States to increase minimum wage jobs and forego high paying jobs in the service sector and green energy. [/quote] Trump has complete con-men like Lutnick out front lying their asses off, I couldn't believe he was on Face the Nation this morning STILL falsely claiming over and over again that "they" pay the tariffs, meaning foreign countries. [twitter]https://x.com/FaceTheNation/status/1946947876275552721[/twitter] That is NOT how tariffs work. The importers pay the tariff and it gets passed on to consumers. This is a tax on Americans. I'm glad that Jim Himes called out a lot of the BS. [twitter]https://x.com/BulwarkOnline/status/1946948532922978523[/twitter][/quote]
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