So bring on the downvotes, but can anyone tell me what the alternative plan was to bring manufacturing back to the states? And wasn’t that always going to make things more expensive?
Granted, this is being done with complete reckless regard, and the effects could’ve been spread out, but what’s the alternative?
Where did you get the idea that tariffs are supposed to increase domestic production in any way?
It’s not that simple and presenting it as such is disingenuous. Your fellow employee asked an important question, why cant we produce our own stuff? Relying on a frienemy to manufacture what your country needs to function is an extreme oversight of national security. Europe is experiencing that lesson as we speak.
Because we don’t have every resource in the world contained within our small slice of a single continent? Not to mention, it isn’t 19-dickety2, so Europe and the rest of the world aren’t brain-draining into the US as much as they once were, thanks to local-stability and our newfound US-instability. And, speaking of which, thanks to the morons grabbing the wheel and directing us into a brick wall, well…that brain-drain we benefitted from since the Nazis…yeah, the opposite is happening now. Turns out smart people don’t want to live under fascism…weird, I know. Why can’t they just hate the same people I hate???
This isn’t even even economics 101, this is just what trade is. You have something I need and I have something you need. If we both have extra and we trade, we both win.
So, how about you produce everything you need without anybody’s help, subsistence living. Drop your phone drop your clothes go out into the woods pick your own food find your own clean water.
Because that is exactly the position Donald Trump has put our whole country in in relation to the rest of the planet.
If you don’t want to get along with society, if you want to do everything on your own more power to you. But don’t make claims that other folks are being disingenuous because you don’t understand what trading is.
Simple answers to complex questions is fast, and helps people quickly move into the phase where they’re expending energy on “solutions” rather than debating the issue.
We’re lazy. People are lazy - I know I am.
Something that’s sufficiently removed from our everyday experience is mysterious, and (someone we trust) tells us that it will work? No questions, here we go!
This was explained to people all over the internet. I remember people posting the dailyshow shirt guy interview where they explain to him how tariffs will impact his business. Some people didn’t care as long as it also hurt everybody they don’t like.
So ask yourself we someone who voted for Trump whines about tariffs. Is this person just dumb or a total piece of shit?.
So ask yourself we someone who voted for Trump whines about tariffs. Is this person just dumb or a total piece of shit?.
I say both. They are stupid racist homophobic assholes and deserve any pain they get for their choices. And though we should do everything we can to help those who will be hurt by Trump’s policies, I sincerely hope that every single person who voted for that POS experiences an absolute fuck ton of pain and suffering in the coming months and years.
yeah, the point of being nice is to create a better world with better people who will be more capable of being nice.
and because it feels good.
but being nice to nazis doesn’t feel nice, and it makes the world a more dangerous place, where being nice is harder and riskier and less pleasant.
laughing at their suffering is pretty great though. pointing and laughing at their suffering maybe makes the world a slightly better place, long term.
I might be wrong here, but tariffs can be very effective tools, but as a slow burn. The way they’re being wielded here is asinine.
If you want to affect behavior, tariffs are a long game. They’re passed by Congress so they aren’t tied to the whims of one man. If you don’t want US chicken or EU trucks, make a law and let decades of implementation change behavior.
If you just want them to hurt, you do them the way we are now. The unpredictability hurts businesses and individuals, inside and outside the US. It makes prices and markets volatile and sows distrust. It hurts the vast majority of people, but benefits people who have the stability and assets to buy low and sell high. Each tariff implementation and retraction is just a mini market manipulation giving people with advance knowledge of what is affected to profit.
They’re a tool for correcting price alterations on the seller side. If China is subsidizing the manufacturing of Fidgets, a matching tarrif on the import of Fidgets protects domestic manufacturing from artificially cheap competition by preventing consumers from seeing those low prices.
The subsidies don’t even need to be hostile. The US subsidizes food to lower domestic costs, ensure a stockpile, and keep farmers happy. The side effect of driving down world grain prices is incidental.
Additionally, they strike me as the stick that pairs best with a carrot to spur domestic production of whatever you’ve put tarrifs on, along the lines of the CHIPS act.
This administration doesn’t believe in carrots, only sticks.
I distinctly remember learning about tariffs in Social Studies. That was back in elementary / middle school. I understood it then and so did my classmates.
i wish people were better at doing their own research
I hate anyone with a passion when they say that they “did their research” as it’s always “I read a Facebook page”
People have no idea what the word research implies, or what goes into actuall real research
Schools should really put much more focus on explaining what science is and what it does
Schools should really put much more focus on explaining what science is and what it does
Hard agree. The US is currently speed running to third world status and its entirely because of education, and i assume its happening elsewhere based on the rise of conmen in leadership. Anyone who thinks for themself who has ever had a conversation with anyone MAGA on why they believe what they believe, will know that it was just because they were told to believe it. They do not have any sort of internal reasoning, they look to someone that fits their world view of what a leader looks like and then they believe every word that they say. It is the same way most people relate to religion, do not think about it, just have faith.
So when you mix together a wildly de-funded and heavily politicized education system that turns out followers who outsource reasoning to authority figures, with modern American solipsistic culture that allows the worst human beings alive to be seen as role models, then it was always just a matter of time before conmen took the reigns of the country. Anyone who is ever trying to argue their point with reasoning and facts will appear on the defense to any conman that is just riffing innacuracies, and the uneducated masses will see the conman as in control, which will then make them trust that person, it doesn’t go any deeper than that.
Humans are fucking stupid.
I have had “researcher” jobs that were not ‘doing science’. I needed either journal access, or scihub/libgen, putting together shit my boss wanted to know.
I long for the time when people said “I read a Facebook page”
Generally my circle watches 12 45-second videos on TikTok which gave them bias from assuming seeing it more places made it more right. They don’t even have to go to the comments to get bamboozled.
It was killing me with the pandemic. ‘‘I’m not sure about mRNA vaccines, I’m doing my own research’’ homie, researching a vaccine means you are running a immunology lab. You’re not researching, you’re listening to a nut trying to sell you an unregulated vitamin in place of real medicine.
I did my own “looking into something and learning about it”, and you know what? I came to the conclusion that a lot of those people are pretty smart and know what they’re doing.
Research can mean something that’s a synonym to what I said in quotes above since it doesn’t specifically mean experimental research, but that still requires looking at a variety of credible sources and knowing how to interpret what they’re saying.
Probably not what you’re going to find on tiktok.
Here in the UK properly researching topics was something we did in multiple classes in secondary/high school. Not just googling shit for an essay but checking our sources as well as source authors and dates.
This was true in the US during the 90s at least. But also some high school graduates can’t read out loud.
By the way, if tariffs are directly sent back to the customer through tax reduction on the tariffed category of products, wouldn’t it be painless for the company/customers (if you forget the retaliation tariffs) while increasing you local insensitive to production? (all things equal if you imagine companies reduce the cost of the products properly etc which is not realistic)
I don’t see how that would help. In the ideal case of a finished product, tariffs artificially raise the effective price for the buyer; they don’t change the math on the cost of production. Usually, they hurt the producing/exporting firm by forcing it to increase the asking price, which reduces sales. It reduces sales because the buying/importing firm has to pay higher prices. If the buying/importing firm gets tax reductions that are directly tied to the tariff, then its out-of-pocket expense hasn’t changed, and it can just keep buying the imported product with no effect on its profits. That means that the producing/exporting firm can still sell exactly the same volume of product at the higher price, covering the tariff cost, with no effect on its profits. Nothing much has changed, except a bunch of extra paperwork and transactions.
There’s only incentive to move production locally if the buying/importing firm can switch to a cheaper, local product, but retain the tax benefits, allowing it to keep more money. But that means the tariff money is no longer being collected, so somebody else is paying the taxes while not getting the benefits. In short, tariffs can only work by causing pain to somebody locally.
That’s 2 if’s. Sure, IF both of those things were true, maybe it would net out, but still be a paperwork and cashflow delay for the company (pay the duty today, get the money back at some point in the future) which sucks liquidity out of the market and generally holds back growth and investment.
But that isn’t particularly relevant since neither of those two things will ever happen. The tax cuts will go to the top earners, and retaliatory tariffs are very much a thing and cannot be ignored.
Ah yeah I see I forgot this part, more bureaucracy and delay might hurt cash flow. Thanks that’s a good thinking.
It’s just a though experiment, in real life it’s not a nice math problem to solve like you said.
Personally if I had to cut someone’s hours, all else being equal, the one who took 50 attempts to figure out tariffs would go before the one who took 2.
Trump & Co do love the uneducated.
I tell people that if they think other countries pay the tariffs they probably believe Mexico is paying for a wall
After brexit, the searches of “What is the European union” skyrocketed in Britain.
Most people are morons who don’t think for themselves.
From what I’ve heard most pro brexit voters thought that leaving ment no non white immigrants allowed, they failed to understand the EU only let European labor in, the people from not white lands gained access from England’s colonial past.
This may be “unpopular opinion” stuff, but I frequently see highly upvoted populist pitches on Lemmy that are just the same; a supposed way of sticking it to the man that will quite obviously be borne by the little guy.
Yeah there are too many poorly educated lefties here. Or worse, well educated and deliberately deceptive.
He’s a sucker. And his news media knows it.
Next try telling him there’s no God with an EKG. The same part of his brain will be activated, guaranteed. Not to dock religion. But US conservatism is a religious cult basically.
