• BigMacHole@lemm.ee
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    6 hours ago

    Yeah but THEY didn’t have the TECHNOLOGY we do to be able to RAMP UP our DOMESTIC PRODUCTION! So it’s a GOOD THING that President Elon Musk and First Lady Donald Trump HAVENT been Cutting US Investing and Production!

  • iAvicenna@lemmy.world
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    13 hours ago

    They don’t care what it does to people, it makes some rich people richer like the alcohol prohibition

  • SynopsisTantilize@lemm.ee
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    19 hours ago

    Wait. I just realized something. One of the significant reasons humans are such amazing creatures compared to the other species is our generational knowledge we can pass down. But we have a saturation point. We need consciousness information downloading. Not immortality. But a way to download Wikipedia to our brains. That’s the next step.

  • Captain Aggravated@sh.itjust.works
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    20 hours ago

    The last tariff I personally remember was the 1983 motorcycle tariff signed by Reagan. The Yamaha Virago was seen as such a threat to Harley-Davidson that they pushed for and got a tariff imposed on imported motorcycles over 700ccs engine displacement. Yamaha’s answer was to reduce the engine displacement from 750 to 699cc. The 250cc Virago is still in production today, though they install a straighter handlebar on it and call it a “V-Star 250.”

    • Sprawl@lemmy.world
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      15 hours ago

      Targeted tariffs are regularly used for specific reasons. We just don’t normally go all AoE with tariffs.

  • 𝕸𝖔𝖘𝖘@infosec.pub
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    20 hours ago

    But this one is different… … … I just can’t remember how… but I know they said this one is different, so it must be… right?..

    Edit: autocorrect

    • Sprawl@lemmy.world
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      15 hours ago

      Glorious leader is a billionaire. We will be fine. He won’t even take a paycheck!!

  • Treczoks@lemmy.world
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    1 day ago

    The definition of stupidity is to try things that failed in the past again in the hope to get a better result.

  • DarkFuture@lemmy.world
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    1 day ago

    This is what happens when a populace isn’t properly educated.

    Prepare for this country to be on a downward slope for the rest of our lives. That’s the most likely future for us.

  • Colloidal@programming.dev
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    1 day ago

    If I recall my history right, the 1929 stock market collapse precipitated the Great Depression, and the tariffs were a (misguided) attempt at trying to set the economy straight.

      • evidences@lemmy.world
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        14 hours ago

        In case you are seriously asking this is from Wikipedia.

        Intended to bolster domestic employment and manufacturing, the tariffs instead deepened the Depression because the U.S.'s trading partners retaliated with tariffs of their own, leading to U.S. exports and global trade plummeting. Economists and historians widely regard the act as a policy misstep, and it remains a cautionary example of protectionist policy in modern economic debates.

        Soooo much much worse.

        • Sprawl@lemmy.world
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          14 hours ago

          I figured as such but since he was saying OP was wrong, I thought it worth asking.

          • Colloidal@programming.dev
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            7 hours ago

            The causality there is misleading. We really don’t need any sort of misleading to criticize the cheeto. There’s plenty of legitimate points to make.

    • Madison420@lemmy.world
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      1 day ago

      Ferris bueller kinda called this one.

      The bueller… bueller… bueller bit is preceded by ben stein explaining the Hadley snoot tariffs to a visibly bored and distracted classroom.

  • Ephera@lemmy.ml
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    1 day ago

    There’s in general no way this can work long-term. When nations cooperate, they both benefit. If you’re the only nation not cooperating with everyone else, then everyone else will surpass you until you’re North Korea levels of yesteryear.

    • 790@lemmy.dbzer0.com
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      19 hours ago

      My macroecon book, which was written by a guy from the Bush administration, hit us over the head with that concept.

      It’s strange to thing that he’d be considered a pariah by his party’s leadership now.

    • Isthisreddit@lemmy.world
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      1 day ago

      Looking at this through the lens of “how can the oligarchs benefit”, it makes complete sense - Strip all government assistance, remove social nets, add tariffs that will basically kill most small businesses (think also farms, mom and pop shops, etc). Lead to depression, billionaires swoop in and buy up land/homes/business for pennies on the dollar (or just basically crush small businesses to get them out of the way). One couldn’t design a better way to fuck over everyone and enrich the oligarchs

  • seeigel@feddit.org
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    1 day ago

    1930 was about money supply. That’s when bitcoin and all the other crypto coins will be handy.

    • Mubelotix@jlai.lu
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      1 day ago

      If there was only Bitcoin sure, but every time someone out there creates a shitcoin, it increases money supply, distracting people away from Bitcoin and gold. That’s why it will still be a bloodbath

  • HappySkullsplitter@lemmy.world
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    1 day ago

    Maybe depression is the goal along with the whole gamut of initiatives whose only logical aggregate result would be the weakening of the United States

    Seems fairly easy to accomplish when an entire political party’s ideology is built upon a foreign power’s propaganda

    • chonglibloodsport@lemmy.world
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      1 day ago

      Look at the formula they’re using to calculate the tariffs. They are not playing 4D chess. They should be back in elementary school to learn how math works, not running a country!

    • Manalith@midwest.social
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      1 day ago

      They like to cause a depression, wait long enough for everyone to forget that they caused the depression, let the regime change once or twice, then fix the issue to remind you that you need them. It’s a lot like the whole “pay me to ensure you don’t have an unfortunate accident” where then if you don’t pay they can cause the unfortunate accident.