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Started By
Message
re: Trump tariffs are paid by Americans according to Bessent
Posted on 8/8/25 at 6:54 am to SlowFlowPro
Posted on 8/8/25 at 6:54 am to SlowFlowPro
If I’m reading the thread correctly..
“US citizens are being fricked by having to pay the Trump tariffs themselves.”
“No we aren’t, that’s a fricking lie.”
“Yeah well we might one day!”
Did I get that right? Either way, it does not read like those on the “US citizens are paying the tariffs” are being intellectually honest.
“US citizens are being fricked by having to pay the Trump tariffs themselves.”
“No we aren’t, that’s a fricking lie.”
“Yeah well we might one day!”
Did I get that right? Either way, it does not read like those on the “US citizens are paying the tariffs” are being intellectually honest.
4
Posted on 8/8/25 at 6:55 am to NC_Tigah
quote:
Ultimately, the former. It's not really even debatable.
I think higher SOL/economic status (and future ability) is very debatable for most people
The successful people who benefited the most from one system telling the future there is no debate that they should live in a system that makes them poorer with less chance of a high SOL...probably wouldn't play well when fully explained
Posted on 8/8/25 at 6:55 am to Eurocat
Whether cigs, pot, gambling, etc...I'm all for taxing non-essential goods and services. Imports are no different.
Do you need that Nestlé chocolate or that Benz?
Do you need that Nestlé chocolate or that Benz?
Posted on 8/8/25 at 6:56 am to Eurocat
Well i dont buy coffee from Brazil and Acai bowls are still $12 so im not paying any tariff
Posted on 8/8/25 at 6:56 am to SlowFlowPro
quote:You are failing to account for revenue d/t domestic production and employment, as well as national ethos and security. Other than those tiny points, you also assume increased domestic production will not lead to efficiencies in those domestic production lines.
"Gaudy consumerism" doesn't really change, it's just what we'll be buying and how much of it.
Self sufficiency would be unbelievably expensive. That would have a cost everywhere, especially in our more productive areas that rely on the savings delta to fund them.
Posted on 8/8/25 at 6:57 am to ReauxlTide222
One major issue is that due to the supposedly temporary nature of many of these tariffs, companies haven't fully adapted to the new system and are not "passing it on" to consumers much, yet. They're eating it in their margins for now. That's not sustainable long-term.
I'm not getting into the pedantic argument about "who pays" as much. Just the one about how the self sufficient model that tariffs build is less efficient and would have real world impacts on our economy and society.
I'm not getting into the pedantic argument about "who pays" as much. Just the one about how the self sufficient model that tariffs build is less efficient and would have real world impacts on our economy and society.
Posted on 8/8/25 at 6:58 am to ReauxlTide222
quote:
“US citizens are being fricked by having to pay the Trump tariffs themselves.”
“No we aren’t, that’s a fricking lie.”
“Yeah well we might one day!”
It benefits big corporations who can take the financial hit and eat most of the tariffs.
It hurts small business who cannot.
Youre asking a question that involves thousands of decision makers, who will make different decisions. Some will eat the tariffs, some will eat part of the tariffs, some will eat none of the tariffs.
This is just more regulation of private industry which creates inefficiencies.
Posted on 8/8/25 at 7:00 am to NC_Tigah
quote:
You are failing to account for revenue d/t domestic production and employment,
No I accounted for that, especially as the economy contracts. Wages will decrease in kind.
quote:
as well as national ethos and security.
"Security is infrastructure"
quote:
you also assume increased domestic production will not lead to efficiencies in those domestic production lines.
This would just remove workers from the economy, which hurts your initial point (about increased revenue due to domestic production).
So we'd shift our focus to less productive and scalable areas while also, ultimately, cutting the work force in those areas.
Posted on 8/8/25 at 7:01 am to SlowFlowPro
quote:That you can incorporate so many false assumptions in so few words is impressive.
telling the future there is no debate that they should live in a system that makes them poorer with less chance of a high SOL
Posted on 8/8/25 at 7:02 am to ReauxlTide222
quote:
Did I get that right? Either way, it does not read like those on the “US citizens are paying the tariffs” are being intellectually honest.
quote:
“Yeah well we might one day!”
Rogerthecucker and SFP are doing this exactly in this thread
They havent ever been right but maybe they will this time
Posted on 8/8/25 at 7:02 am to jrobic4
quote:
Whether cigs, pot, gambling, etc...I'm all for taxing non-essential goods and services.
Posted on 8/8/25 at 7:02 am to SlowFlowPro
quote:Did you really?
No I accounted for that
Show your work.
Posted on 8/8/25 at 7:05 am to NC_Tigah
quote:
That you can incorporate so many false assumptions
I've explained how that would work. There are no false assumptions.
It's the same pattern every time this occurs.
Posted on 8/8/25 at 7:05 am to SDVTiger
quote:
Rogerthecucker and SFP are doing this exactly in this thread
I am specifically not, but I don't expect anything else from you
Posted on 8/8/25 at 7:06 am to NC_Tigah
quote:
Did you really?
Show your work.
Go back a few pages.
You also ignored how you gutted that very argument yourself
I see you didn't quote that part
Posted on 8/8/25 at 7:07 am to SlowFlowPro
quote:
I am specifically not
quote:
One major issue is that due to the supposedly temporary nature of many of these tariffs, companies haven't fully adapted to the new system and are not "passing it on" to consumers much, yet. They're eating it in their margins for now. That's not sustainable long-term.
Posted on 8/8/25 at 7:07 am to SlowFlowPro
quote:
a higher economy and SOL?
How much of our higher economy and SOL is financed by unsustainable debt?
Posted on 8/8/25 at 7:08 am to SDVTiger
That's specifically not part of what RT was talking about. What you just tried to do is beyond a reach.
Posted on 8/8/25 at 7:09 am to TBoy
quote:
The point is a good one. Trump is taxing the hell out of us and bragging about billions of dollars of new taxes flowing into the treasury. That money comes from us.
Our daily example of “progressive are too stupid to u derstnd basic economics” came extra early today
Posted on 8/8/25 at 7:09 am to NC_Tigah
quote:
That you can incorporate so many false assumptions in so few words is impressive.
Trumps previous tariffs protected washing machines at a cost of 800k per job.
Its a drain on the economy, not s a stimulus. Crony capitalism is expensive.
This post was edited on 8/8/25 at 7:10 am
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