Anonymous wrote:The External Revenue Service will be collecting billions and billions of money to help balance the budget and reduce our debt. Thank you 47 for the foresight in seeing what dcum can't
Anonymous wrote:The ERS is forthcoming
https://www.cbsnews.com/news/trump-tariffs-external-revenue-service/
Anonymous wrote:The External Revenue Service will be collecting billions and billions of money to help balance the budget and reduce our debt. Thank you 47 for the foresight in seeing what dcum can't
Anonymous wrote:The External Revenue Service will be collecting billions and billions of money to help balance the budget and reduce our debt. Thank you 47 for the foresight in seeing what dcum can't
Anonymous wrote:The External Revenue Service will be collecting billions and billions of money to help balance the budget and reduce our debt. Thank you 47 for the foresight in seeing what dcum can't
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
Do you have any idea how long it takes to get a furniture factory up and running?
I’d love good quality American furniture again.
There’s plenty of good quality American furniture available. Why aren’t you buying it?
Because it’s not as cheap as the stuff made in Indonesia or Vietnam.
There are two reasons the US lost its manufacturing base: consumers demanding cheap goods and greedy corporations looking to increase profits.
+1 do they really think that most of America's buying habits and insatiable desire for cheap goods will change?
There will be less choices for goods, and it will now cost more. That's populism, not capitalism.
I mean, ha ha, these MAGA idiots just became Bernie bros, I guess. Except without the targeted support for the industries they'd like to see thrive - and without government healthcare. So sort of a worst case scenario here.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
Do you have any idea how long it takes to get a furniture factory up and running?
I’d love good quality American furniture again.
There’s plenty of good quality American furniture available. Why aren’t you buying it?
Because it’s not as cheap as the stuff made in Indonesia or Vietnam.
There are two reasons the US lost its manufacturing base: consumers demanding cheap goods and greedy corporations looking to increase profits.
+1 do they really think that most of America's buying habits and insatiable desire for cheap goods will change?
There will be less choices for goods, and it will now cost more. That's populism, not capitalism.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
Do you have any idea how long it takes to get a furniture factory up and running?
I’d love good quality American furniture again.
There’s plenty of good quality American furniture available. Why aren’t you buying it?
Because it’s not as cheap as the stuff made in Indonesia or Vietnam.
There are two reasons the US lost its manufacturing base: consumers demanding cheap goods and greedy corporations looking to increase profits.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
Do you have any idea how long it takes to get a furniture factory up and running?
I’d love good quality American furniture again.
There’s plenty of good quality American furniture available. Why aren’t you buying it?
Because it’s not as cheap as the stuff made in Indonesia or Vietnam.
There are two reasons the US lost its manufacturing base: consumers demanding cheap goods and greedy corporations looking to increase profits.