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Started By
Message
re: Trump tariffs are paid by Americans according to Bessent
Posted on 8/8/25 at 7:11 am to TrueTiger
Posted on 8/8/25 at 7:11 am to TrueTiger
quote:
How much of our higher economy and SOL is financed by unsustainable debt?
The same portion of our self-sustaining economy would be. When fedgov thought our economy was slowing, have no doubt they're cut rates and print to circulate more debt in that inferior economy.
Why do you think becoming poorer with less ability to scale would make our public debt situation better? Smaller GDP = less tax revenue. Lower national wages = less FICA collection. The major spending is already set.
2
Posted on 8/8/25 at 7:11 am to Goforit
All the sugar cane, cocoa and coffee grown in America just withering away while we buy cheaper imports. Sad!
Posted on 8/8/25 at 7:12 am to SDVTiger
quote:
Well i dont buy coffee from Brazil and Acai bowls are still $12 so im not paying any tariff
Funny how many people follow this line of reasoning
Bottom line, you’re paying more for stuff
Either you pay high price for US stuff which means you’re also paying for the higher overhead including high labor costs ORRR
You pay for cheaper labor and overhead but high tarriffs on imported stuff
Companies will eat tarriffs to the degree it helps them but Not many will eat the tarriff if it’s going to crimp their margins insufficiently enough.
This post was edited on 8/8/25 at 7:16 am
Posted on 8/8/25 at 7:12 am to Hateradedrink
quote:
All the sugar cane, cocoa and coffee grown in America just withering away while we buy cheaper imports. Sad!
Just FYI. We do grow sugar cane in the US
Posted on 8/8/25 at 7:15 am to SlowFlowPro
quote:
Why do you think becoming poorer with less ability to scale would make our public debt situation better?
What you call being poor is what I call living within your means.
Posted on 8/8/25 at 7:16 am to Hateradedrink
quote:
All the sugar cane, cocoa and coffee grown in America just withering away while we buy cheaper imports. Sad!
All 3 grown in US. Admittedly, coffee and cocoa aren't grown in self-sufficient quantities (nor potentially)
Posted on 8/8/25 at 7:17 am to TrueTiger
quote:
What you call being poor is what I call living within your means.
In terms of our economy?
Because you ignored this part about the public debt
quote:
Smaller GDP = less tax revenue. Lower national wages = less FICA collection. The major spending is already set.
And you ignored how fedgov would still create debt to inflate the economy when needed.
Posted on 8/8/25 at 7:18 am to SlowFlowPro
quote:I did .... there's nothing addressing revenue d/t domestic production or employment.
Go back a few pages.
There is nothing addressing national ethos and security.
There is nothing addressing efficiencies in domestic production lines.
What point was it you thought you were making?
Posted on 8/8/25 at 7:18 am to TrueTiger
quote:
What you call being poor is what I call living within your means.
800k per job is living beyond our means.
Posted on 8/8/25 at 7:19 am to SlowFlowPro
quote:Negative.
The same portion of our self-sustaining economy would be
Again, show your work.
Posted on 8/8/25 at 7:19 am to RogerTheShrubber
quote:And in many instances, I get to decide to help eat some of it too, or pass.
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 seems more in line with reality(although I don’t actually know how any of this works. It just felt like Euro and Slow’s side was being dishonest in here).
Posted on 8/8/25 at 7:20 am to SlidellCajun
quote:
Either you pay high price for US stuff which means you’re also paying for the higher overhead including high labor costs ORRR
You pay for cheaper labor and overhead but high tarriffs on imported stuff
Yeah. It really is. There will be exceptions on high markup items where eating the tariff will earn them more money through market share, but those are just that. Exceptions.
The trump admin was even smart enough to figure out that the economy couldnt support their original "reciprocal" tariffs they put out in April and adjusted them all down.
This post was edited on 8/8/25 at 7:20 am
Posted on 8/8/25 at 7:21 am to NC_Tigah
quote:
there's nothing addressing revenue d/t domestic production or employment.
Replacing higher-paying, scalable jobs with lower-paying, non-scalable jobs will have less or more money circulating in the economy?
quote:
There is nothing addressing national ethos and security.
National ethos is a new gobbly asian word and the "national security" is on the level of the DEMs' "infrastructure" nonsense (which I did point out)
quote:
There is nothing addressing efficiencies in domestic production lines.
I did address this. It also hurts your argument about the incomes from that domestic production, as those efficiencies will mean Americans aren't even getting those jobs.
So we can edit the first question
Replacing higher-paying, scalable jobs with FEWER lower-paying, non-scalable jobs will have less or more money circulating in the economy?
Posted on 8/8/25 at 7:22 am to RLDSC FAN
quote:
Of course we'll pay more. It's hilarious seeing people argue otherwise
Yes, but it’s pretty funny watching them try to “intellectualize” this very simple economic fact. They simply cannot admit that the entire point of a tariff is to make imports more expensive.
Those that claim we can take $100 plus billion out of the private sector, and not have a single negative economic effect are silly
We are already seeing:
Inflation is up, not down
Job creation is pitiful
GDP growth sucks
Construction spending down
And manufacturing is down, which is ironic because tariffs were supposed to help this sector.
This post was edited on 8/8/25 at 7:24 am
Posted on 8/8/25 at 7:23 am to Turbeauxdog
quote:
What a stupid point you're trying to make.
That it’s weird for Republicans to be taking a victory lap over higher taxes. Reminds me of Trump bragging about Operation Warp Speed.
Posted on 8/8/25 at 7:23 am to Ten Bears
quote:
Yes, but it’s pretty funny watching them try to “intellectualize” this very simple economic fact.
Its insanity. Collective insanity.
Ironically tariffs will become evil again when trump is gone, like they were during the Obama administration.
Posted on 8/8/25 at 7:24 am to Corinthians420
quote:... and were subsequently thanked for only administering 15% tariffs.
The trump admin was even smart enough to figure out that the economy couldnt support their original "reciprocal" tariffs they put out in April and adjusted them all down.
Posted on 8/8/25 at 7:24 am to Eurocat
Most companies/importers are absorbing most if not all the tariff. If they raise their prices, customers will either not buy the product or buy cheaper elsewhere.
This has been discussed and explained as nauseum.
This has been discussed and explained as nauseum.
Posted on 8/8/25 at 7:25 am to SlowFlowPro
quote:
And you ignored how fedgov would still create debt to inflate the economy when needed.
I don't think there's much more room for that. That would risk popping the debt balloon which would be catastrophic.
Pressure needs to be gradually released from the debt balloon with austerity measures.
Posted on 8/8/25 at 7:25 am to lake chuck fan
quote:
Most companies/importers are absorbing most if not all the tariff
The old Democrat argument supporting tariffs.
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