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Posted on 8/13/25 at 11:16 am to Ingeniero
I dont buy Swatches, so idc
Posted on 8/13/25 at 11:21 am to RogerTheShrubber
quote:
MAGA is the source of business uneasiness with the future. 100%.
The tariff rollouts were one of the biggest blunders I've seen from an administration
That's because you don't understand that our economy has been on a track to failure for a long time, and the trend is accelerating. And any business person who thinks tariffs are our problem doesn't understand either. Massive trade deficits and the resultant tariffs are symptoms of our advancing economic disease, not the cause. Trade deficits actually contribute to the problems and tariffs may help alleviate the problems, but won't cure anything in the end if Congress doesn't get their act together.
This post was edited on 8/13/25 at 11:29 am
Posted on 8/13/25 at 11:23 am to Ingeniero
Good. Hope they raise their prices 1000% -- and then they brag about it.
Because, I'll never by Swatch.
Now, Swiss Army maker Victorinox... that may be different... lol.
Because, I'll never by Swatch.
Now, Swiss Army maker Victorinox... that may be different... lol.
Posted on 8/13/25 at 11:28 am to wdhalgren
quote:
That's because you don't understand that our economy has been on a track to failure for a long time
Because of debt.
Why would you make it worse by adding higher prices? If these tariffs "work" then Americans will absolutely pay more for all products, foreign or domestic.
Posted on 8/13/25 at 11:29 am to Ingeniero
Posted on 8/13/25 at 11:32 am to RogerTheShrubber
quote:
Why would you make it worse by adding higher prices? If these tariffs "work" then Americans will absolutely pay more for all products, foreign or domestic.
Any tax applied specifically to foreign goods passes an advantage to domestic producers of those same goods. Raising costs of foreign goods will incentivize domestic production where it's possible. That creates jobs. It may also reduce overall consumption, which is going to happen anyway.
This post was edited on 8/13/25 at 11:34 am
Posted on 8/13/25 at 11:34 am to wdhalgren
quote:
Raising costs of foreign goods will incentivize domestic production where it's possible.
to work it has to be long term, which is inflationary
It also costs an incredible amount of money to bring these inefficient jobs back. Trumps washing machine tariffs created jobs at a cost of 800k per job.
Thats not sustainable.
Posted on 8/13/25 at 11:38 am to RogerTheShrubber
quote:
Trumps washing machine tariffs created jobs at a cost of 800k per job.
You're not going to get through to these people. The typical response is "HA well I don't buy XYZ, CUCK!" Completely ignoring the fact that the price of everything will go up. They're fooled by headlines like "tariff revenue is up" and ignoring the fact that them paying more is the reason why revenue is up.
Posted on 8/13/25 at 11:40 am to Ingeniero
quote:
You're not going to get through to these people. The typical response is "HA well I don't buy XYZ, CUCK!" Completely ignoring the fact that the price of everything will go up. They're fooled by headlines like "tariff revenue is up" and ignoring the fact that them paying more is the reason
why revenue is up.
This board had a field day when Obama's steel tariffs created jobs at a clip of 900k per job.
But when Trump does it, they support. They have zero ideology or values beyond what "Trump says."
Posted on 8/13/25 at 11:45 am to RogerTheShrubber
quote:
You also dont care about the cornerstones of conservative trade. Consumer choice and competition.
You’re so dumb. Posted on 8/13/25 at 11:46 am to BBONDS25
quote:
You also dont care about the cornerstones of conservative trade. Consumer choice and competition.
You’re so dumb.
Unlike you, I understand the cornerstones of conservative economics, Bernie.
Posted on 8/13/25 at 11:48 am to RogerTheShrubber
quote:
to work it has to be long term, which is inflationary
Nothing is as inflationary or unsustainable as our current course of running huge budget and trade deficits. That ends with a worthless dollar and an economic collapse. Tariffs are inflationary but they encourage domestic production. As I said earlier, future inflation is baked into the cake. A decline in real (inflation adjusted) economic activity is inevitable. If we wait until inflation is out of control, there's no stopping our economic collapse.
Jobs left the US because we could buy things cheaper from overseas. Tariffs reverse that process and brings jobs back home. Doing nothing to reverse that process is the definition of insanity, which is what our Congress has become.
This post was edited on 8/13/25 at 11:52 am
Posted on 8/13/25 at 11:50 am to wdhalgren
quote:
Nothing is as inflationary or unsustainable as our current course of running huge budget and trade deficits
True, but trade wars are inflationary, and will add to the burden. Why the frick would yall double down on it?
Posted on 8/13/25 at 11:51 am to Ingeniero
They’ll just start discounting them more. You can easily get a 25% discount on a Speedmaster, I’d bet you’ll see these move up to 35% discounts.
Posted on 8/13/25 at 11:52 am to RogerTheShrubber
quote:
Unlike you, I understand the cornerstones of conservative economics, Bernie.
like taxing the rich? You’re so simple. Posted on 8/13/25 at 11:53 am to RogerTheShrubber
quote:
True, but trade wars are inflationary, and will add to the burden. Why the frick would yall double down on it?
Same reason a person sick with cancer takes harsh drugs in an attempt to eradicate the cancer cells. It makes their body sicker but it offers the possiblity of a recovery. Doing nothing is suicide.
This post was edited on 8/13/25 at 11:54 am
Posted on 8/13/25 at 11:54 am to wdhalgren
quote:
Same reason a person sick with cancer takes harsh drugs in an attempt to eradicate the cancer cells.
So, crash it all and rebuild it??
Posted on 8/13/25 at 12:03 pm to wdhalgren
quote:Only if they are high enough. So far none are even close to brining cost parity.
Jobs left the US because we could buy things cheaper from overseas. Tariffs reverse that process and brings jobs back home.
Otherwise it’s just another tax that’ll get passed onto consumers. We have the best most beautiful taxes don’tt we?
Posted on 8/13/25 at 12:04 pm to RogerTheShrubber
quote:
So, crash it all and rebuild it??
Doing nothing would be quicker and fatal. If Congress ever regains some sense of fiscal discipline we may eventually return to global competitiveness and won't need tariffs. If our deficits and interest expense become so extreme that the Fed has to print non-stop, we may no longer need tariffs.
In other words, when we either fix our economy or break it completely, the tariffs will no longer be necessary or useful. Right now, they may at least forestall our day of reckoning.
This post was edited on 8/13/25 at 2:43 pm
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