We are in a global economy, which cannot be undone, but Donald Dipshit thinks he can turn back the clock. He actually thinks there are 100% American made vehicles and that overnight, there will be brand new car factories popping up in the US, not to mention factories spewing out everything from clothing to washing machines, that the trade that has sustained world economies as well as our own has somehow, in his words, "ripped us off." He wants to turn back time to ca. 1910. As my late mother used to say, he wants to cut off his nose to spite his face.
βThe $800 billion in tariffs heβs levied so far have already done a shit-ton of damageβ¦American companies have already paid billions in retaliatory tariffs from China and Canadaβ
Ainβt gonna argue that tariffs are anything but an βI donβt care so fuck youβ to the American consumer. But if thatβs the point of the article, it seems like you canβt have it both ways, i.e. that US tariffs are being paid by American taxpayers but foreign tariffs are being paid by US companies. Maybe the better way to phrase it is that US companies are losing billions in business due to foreign tariffs?
Not quite. US companies will increase consumer prices in order to pay the tariffs. Americans will find that this makes many products unaffordable. Our spending power, as consumers, will go down the toilet.
Foreign tariffs will be paid by foreign consumers, obviously.
I still think that a lot of people including Trump labor under the delusion that foreign countries pay the tarrifs He keeps talking about all the revenue it's going to generate for the country. How??? When we pay the tariffs! It is in effect a sales tax, and a pretty stiff one at that!
"Weβre going to charge countries for doing business in our country and taking our jobs, taking our wealth, taking a lot of things that theyβve been taking over the years."
`
CHARGE them for doing business in our country? We're not gonna be able to PAY them to do business in our country, and I don't blame them.
For the gad-zillionth time, it is no longer 1945. There is nothing the US makes that other countries cannot buy elsewhere with a lot less aggravation.
Actually, the "Old Hippie Van", aka the Volkswagen microbus, was legally a "station wagon", and thus exempt from the chicken tax. When Chrysler came out with their minivan, it was legally a "light truck" and thus exempt from all kinds of 'car' regulations.
Rule to protect and rule to punish. Wilhoit's law is not new.
yeah, "Tariffs donβt charge countries, which he damn well knows"? I don't think he "knows" things, or even "believes" things, he just spouts words that he thinks useful for constructing whatever narrative fantasy he wants to dwell in at the moment.
βTrump has introduced a level of economic uncertainty in a deliberate and truly unnecessary fashion,β Clausing said. βThereβs nothing parallel in my lifetime in the United States.β
Would be nice if the interviewer followed up with the question: "So are you going to vote for Democrats next election and put a stop to all this nonsense?"
(Yes, I know there is not going to be a next election, but it would be nice if journalists would ask the question.)
My guess is that Trump & Co. want chaos in government and in the markets because that benefits them--it aids the rolling fascist coup they're executing. When things are stable and people are thriving, making a coup is no easy matter. If there's an idiocy-fueled political and economic hurricane going on, the fascists can mock-justify just about anything.
He wants to get people angry enough to start having large scale 60s type civil disobedience, riots. He will then declare a national emergency, martial law, suspend all elections, and appoint himself President for Life. Following Hitler's playbook almost exactly Don't fall into the trap, people!!
Itβs hard to avoid that possibility, yes. The very act of physical resistance is easily spun into justification for further oppression. People feel threatened by what they perceive as βchaos,β so they tend to side with βauthorityβ to keep it at bay. The irony is that rulers like Trump and his helpers (Elon Musk, above all) are in fact creating all sorts of chaos and labeling it as a virtue.
We are in a global economy, which cannot be undone, but Donald Dipshit thinks he can turn back the clock. He actually thinks there are 100% American made vehicles and that overnight, there will be brand new car factories popping up in the US, not to mention factories spewing out everything from clothing to washing machines, that the trade that has sustained world economies as well as our own has somehow, in his words, "ripped us off." He wants to turn back time to ca. 1910. As my late mother used to say, he wants to cut off his nose to spite his face.
βThe $800 billion in tariffs heβs levied so far have already done a shit-ton of damageβ¦American companies have already paid billions in retaliatory tariffs from China and Canadaβ
Ainβt gonna argue that tariffs are anything but an βI donβt care so fuck youβ to the American consumer. But if thatβs the point of the article, it seems like you canβt have it both ways, i.e. that US tariffs are being paid by American taxpayers but foreign tariffs are being paid by US companies. Maybe the better way to phrase it is that US companies are losing billions in business due to foreign tariffs?
Not quite. US companies will increase consumer prices in order to pay the tariffs. Americans will find that this makes many products unaffordable. Our spending power, as consumers, will go down the toilet.
Foreign tariffs will be paid by foreign consumers, obviously.
Another day. Another disappointment that there was no Trump obituary in the headlines.
Don't lose hope. Every big, sloppy bite of a Big Mac could be The One.
I still think that a lot of people including Trump labor under the delusion that foreign countries pay the tarrifs He keeps talking about all the revenue it's going to generate for the country. How??? When we pay the tariffs! It is in effect a sales tax, and a pretty stiff one at that!
"Weβre going to charge countries for doing business in our country and taking our jobs, taking our wealth, taking a lot of things that theyβve been taking over the years."
`
CHARGE them for doing business in our country? We're not gonna be able to PAY them to do business in our country, and I don't blame them.
For the gad-zillionth time, it is no longer 1945. There is nothing the US makes that other countries cannot buy elsewhere with a lot less aggravation.
I am just really surprised that the big moneybags aren't telling him to cut this crap out. This sh*t could literally cause a global depression.
They're afraid of criticizing him or disagreeing. He is supposedly one mean old motherfucker.
They may be, but they can no longer control him. They didn't realize what a monster they were creating.
Actually, the "Old Hippie Van", aka the Volkswagen microbus, was legally a "station wagon", and thus exempt from the chicken tax. When Chrysler came out with their minivan, it was legally a "light truck" and thus exempt from all kinds of 'car' regulations.
Rule to protect and rule to punish. Wilhoit's law is not new.
My house is classified as a detached condominium which is apparently for some kind of wonderful tax advantage for someone other than me.
I was sober and sorry I can't get that time back.
Ta, Marcie. That Thing desecrating the Offal Office has no idea how anything works.
yeah, "Tariffs donβt charge countries, which he damn well knows"? I don't think he "knows" things, or even "believes" things, he just spouts words that he thinks useful for constructing whatever narrative fantasy he wants to dwell in at the moment.
βTrump has introduced a level of economic uncertainty in a deliberate and truly unnecessary fashion,β Clausing said. βThereβs nothing parallel in my lifetime in the United States.β
Would be nice if the interviewer followed up with the question: "So are you going to vote for Democrats next election and put a stop to all this nonsense?"
(Yes, I know there is not going to be a next election, but it would be nice if journalists would ask the question.)
"fake hair donβt care"
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What's the Vegas line for the date on which Sir will be Called Home?
Don't you mean the Deadpool?
My guess is that Trump & Co. want chaos in government and in the markets because that benefits them--it aids the rolling fascist coup they're executing. When things are stable and people are thriving, making a coup is no easy matter. If there's an idiocy-fueled political and economic hurricane going on, the fascists can mock-justify just about anything.
He wants to get people angry enough to start having large scale 60s type civil disobedience, riots. He will then declare a national emergency, martial law, suspend all elections, and appoint himself President for Life. Following Hitler's playbook almost exactly Don't fall into the trap, people!!
Itβs hard to avoid that possibility, yes. The very act of physical resistance is easily spun into justification for further oppression. People feel threatened by what they perceive as βchaos,β so they tend to side with βauthorityβ to keep it at bay. The irony is that rulers like Trump and his helpers (Elon Musk, above all) are in fact creating all sorts of chaos and labeling it as a virtue.
Coup-coup-g'joob!
I am torn between Howard Licknut or Howard Butlick? help a poor soul out please!
Alternate on odd and even days.
Before βLiberation Dayβ is All Foolβs Day on which I will βcelebrateβ as MAGA day!
Itβs all sounding very dictatorial.
"Only for billionaires who want to buy up distressed companies at fire-sale prices!"
This has always been the Plan...it will send another few trillion to the upper 1%...