Tariffs worked during the Great Depression because American businesses actually had infrastructure here to create jobs. Now a tariff only increases costs because all factories are over seas. A billion dollar company isn’t gonna make new jobs here, they’ll just pass the bill to the consumer.
There’s a new batch of Trump signs that have appeared in the last couple of weeks which I call the “TRUMP GOOD / KAMALA BAD” signs. They are targeted at the unimaginably simple, with stuff like “TRUMP LOW TAXES / KAMALA HIGH TAXES” and “TRUMP SECURE BORDER / KAMALA OPEN BORDER”. My favorite is the one that says “TRUMP LOW PRICES / KAMALA HIGH PRICES” which counts on the total ignorance of basic economics on the part of Trumpers - tariffs raise prices.
These signs are almost as amusing as the “TRUMP: UNIFYING THE COUNTRY” billboards. I don’t know who the fuck those are aimed at.
Pretty sure “unify” is a dogwhistle for “turn into fascism”.
Unify by force. Fall in line or die.
Tariffs raise prices and wages.
They raise wages if you have domestic producers ready to step in to replace the tariffed goods and if those companies pass on some of their new profits to their employees. US companies don’t exactly have a good track record of that.
Having more jobs raises wages through competition for workers. Markets don’t require generosity of heart in order to serve people.
How’d you reach that conclusion? Tariffs aren’t exactly a new concept so you surely can point me to a concrete example from the past several hundred years across several hundred countries right?
I’m not American, but the Great Depression and 1932 was taught in school as it was that historically significant as the biggest low-point in modern western economics.
I’ve got a degree in american economic history and studied the 1930s depressions. hoo boy the tariffs caused the second dip
And I was taught in calculus that a local minimum is when the line starts going up
These days it’s the second biggest
Bold of them to think the coffee and donuts would be free under Trump.
IIRC it was Al Capone providing the food
JD Vance will be ordering the doughnuts.
Well… whatever makes sense.
How long have you worked here?
For daddy trump
Well, the rich don’t care either way
