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re: Model: 2025 tariffs would result in -$3,800 per household, GDP shrinks by 0.8% over decade
Posted on 4/3/25 at 4:35 pm to David_DJS
Posted on 4/3/25 at 4:35 pm to David_DJS
quote:
Finance bros wouldn't consider all that goes into a "strategy" like this. And depending on the finance bro, they can also have trouble considering more than a few variables at a time.
The Tax Foundation is usually very reliable and it leans conservative.
It’s really not rocket science. When you tax goods, the price goes up and people’s disposable income go down.
3
Posted on 4/3/25 at 4:36 pm to Powerman
quote:
And are warning others not to retaliate
It's hard for a country that enjoys a big trade surplus against us to retaliate since they are ones with a massive amount to lose.
Posted on 4/3/25 at 4:36 pm to Burt Reynolds
Why is it ok for other countries to tax our goods, but we're not allowed to tax theirs?
Posted on 4/3/25 at 4:36 pm to RogerTheShrubber
quote:3+Trillion in investment is gonna create a "few" jobs. Then, after making that investment the companies are going to move the jobs again? It's better to sit silent and let others think you are a babbling idiot than to open your mouth (or in this case actuate your keyboard) and remove all doubt.
A few jobs, until tariffs and subsides run.out and they go back offshore
Posted on 4/3/25 at 4:37 pm to RollTide4547
quote:
Or the models that said we'd all freeze to death from global cooling in the 70's, we'd die of mass starvation in the 80's, we're going to burn up due to global warming in the 90's, 20 years ago we only had 10 years to live due to climate change....
^ This is a great example of a false equivalence fallacy son.
Posted on 4/3/25 at 4:37 pm to Centinel
quote:Because the Big Orange Meanie is doing it.
Why is it ok for other countries to tax our goods, but we're not allowed to tax theirs?
Posted on 4/3/25 at 4:38 pm to Boss
quote:
So if they aren’t permanent how are we bringing manufacturing back to the US? We doing both now?
Seriously? They are being used as leverage to negotiate the tariffs levied on our products away from this has been the stated goal since well before the election. How did you not know this?
Posted on 4/3/25 at 4:38 pm to RollTide4547
quote:. Robots are quite expensive.
3+Trillion in investment is gonna create a "few" jobs.
Immigrants are cheap. Those will be your two choices.
We have hundreds of thousands construction jobs that pay more than mfg that whitey turns her nose up at.
Posted on 4/3/25 at 4:38 pm to RogerTheShrubber
quote:
Sure. A few jobs, until tariffs and subsides run.out and they go back offshore.
Only if we elect more cuck globalists. Trump has shown the way again.
Posted on 4/3/25 at 4:39 pm to Ingeniero
Same people modeling sea level rise…….
Posted on 4/3/25 at 4:39 pm to Centinel
quote:
Why is it ok for other countries to tax our goods, but we're not allowed to tax theirs?
Because it’s cheaper for us.
Posted on 4/3/25 at 4:39 pm to Powerman
quote:
pretty much everyone else
Posted on 4/3/25 at 4:39 pm to TBoy
quote:
So a lower class or lower middle class person will have the equivalent of an entire paycheck from his year taken by Trump's tariff tax.
How much money did I lose under Biden in four years?
Much more than that.
Now show us how the math works for the numbers you support.
Posted on 4/3/25 at 4:40 pm to Burt Reynolds
quote:The tariff only affects you if you buy the tariffed product.
When you tax goods, the price goes up and people’s disposable income go down.
Posted on 4/3/25 at 4:41 pm to BBONDS25
You laugh but can you point me to some people other than Trump loyalists that think this is a good economic plan? I'm sure they exist but they appear to be in the extreme minority.
Posted on 4/3/25 at 4:41 pm to Robin Masters
quote:. White folks aren't going to do assembly line work. Y'all are delusional.
Only if we elect more cuck globalists
We need half a million new construction workers, where the frick are they?
Posted on 4/3/25 at 4:41 pm to Figgy
quote:
Below is a study signed off on by roughly 30 trade organizations
Not like that's biased or anything.
Posted on 4/3/25 at 4:42 pm to Powerman
quote:
You laugh but can you point me to some people other than Trump loyalists that think this is a good economic plan? I'm sure they exist but they appear to be in the extreme minority.
Citing the MSM or academia is silly. This is a negotiation tactic. It’s going to work. Posted on 4/3/25 at 4:43 pm to RogerTheShrubber
quote:Huh? The company building the factory pays for this.
Robots are quite expensive.
quote:There are lots of Americans that can learn to take care of those robots.
Immigrants are cheap.
quote:That's likely because you liberals are giving them a check. Cut the gubment teat off they'll get hungry. Then they either get the job, start stealing or die. If they start stealing, they'll soon get shot. Problem solved.
We have hundreds of thousands construction jobs that pay more than mfg that whitey turns her nose up at.
Posted on 4/3/25 at 4:43 pm to BBONDS25
quote:. The views of the very common worker.
Citing the MSM or academia is silly
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